捷众科技还提到，公司投资2亿元建设的"新能源汽车精密零部件智造项目"预计2026年5月投产，达产后 可年增营收1.65亿元、净利润0.46亿元。捷众科技总经理孙坤表示，当前募投项目正在积极推进建设 中，建设进度正常。 华阳变速2024年营业收入5.12亿元，同比增长57.82%。华阳变速董秘尚宗新提到，公司2024年转型进入 新能源乘用车市场，以"商乘并举、油电并重"为原则，2024年公司乘用车零部件销售收入2.57亿元。 ● 本报记者王婧涵 5月14日，北交所以"汽配尖兵"为主题，举行上市公司2024年年报业绩说明会。建邦科技、泰德股份、 德众汽车、华阳变速、捷众科技五家上市公司集中召开年报说明会。上市企业围绕公司盈利和投资价 值、技术研发、未来业务发展方向和行业发展情况与投资者进行了沟通交流。 聚焦主营业务 上市公司对投资者关注的主营业务和未来新建工厂计划进展进行了介绍。 作为设计、制造、销售汽车专用精密轴承的国家级专精特新"小巨人"企业，泰德股份2024年营业收入 3.40亿元，同比增长23.13%；归属于上市公司股东的净利润2494.95万元，同比增长216.53%。 泰德股份财务负责人古龙江表示，未 ...

Core Viewpoint - The company's growth in 2024 is primarily driven by export orders, with a strong performance in core components and a deepening global capacity layout, leading to an "overweight" rating [1] Financial Performance - The company expects 2024 revenue of 9.765 billion yuan, a year-on-year increase of 11.06%, and a net profit attributable to shareholders of 1.23 billion yuan, up 10.17% year-on-year [2] - In Q4 2024, revenue reached 2.519 billion yuan, a year-on-year increase of 8.5%, with a net profit of 352 million yuan, up 22% [2] - For Q1 2025, the company reported revenue of 2.387 billion yuan, a year-on-year increase of 3.23%, but net profit decreased by 16.19% to 228 million yuan [2] Business Segments - The clean health appliances and gardening tools segment generated revenue of 5.669 billion yuan in 2024, a year-on-year increase of 10.33%, while the motor, new energy vehicle precision components, and other parts contributed 3.874 billion yuan, up 11.74% year-on-year [2] - The automotive parts business exceeded 2 billion yuan in revenue, achieving record sales and profit growth [3] - The motor business also saw double-digit growth in sales and profits, with 17 new projects secured in the automotive motor sector [3] Regional Performance - Domestic sales were 2.705 billion yuan, down 2.71% year-on-year, while exports reached 6.839 billion yuan, up 17.4% year-on-year, indicating that exports were the main growth driver [3] Cost and Margin Analysis - In Q1 2025, the company's gross margin was 23.41%, down 2.52 percentage points year-on-year, and the net margin was 9.57%, down 2.21 percentage points year-on-year [3] - The increase in financial expense ratio is attributed to a decrease in exchange gains [3] Global Capacity Expansion - The company's production base in Vietnam is expected to be completed in Q2 2025, with a capacity of over 4 million small appliances and gardening tools, and 1.8 million motors [3] - The production base in Thailand is projected to be completed in Q3 2025, with an expected annual output value of 1.4 billion yuan [3] - The company aims to deepen its overseas layout, with global capacity expected to be further released as production bases come online [3]