瑞财经 刘治颖 近日，安徽爱瑞特新能源专用汽车股份有限公司（以下简称：爱瑞特）披露首次公开发行股票并上市辅导工作进展报告（第十四期），东海 证券为辅导机构。 据瑞财经查阅，爱瑞特于2021年12月27日完成IPO辅导备案。本辅导期时间为2025年4月1日至2025年6月30日。 根据辅导报告，由于受宏观经济、市场供需情况等因素的影响，爱瑞特经营业绩近年来有所波动，目前公司整体经营规模及业绩相对较小。辅导工作小组将 持续关注公司所在行业发展趋势及公司自身竞争力的变化情况，并将结合公司经营实际，择机进行上市申报。 资料显示，艾和金，1965年4月出生，中国国籍，无境外永久居留权，北大EMBA。曾任海螺集团制成车间主任、化验室主任、技术科长，芜湖海螺防盗门 有限公司法人代表、总经理，芜湖艾瑞特保洁设备有限公司总经理，芜湖爱瑞特环保科技有限公司董事长、总经理，现任安徽爱瑞特环保科技股份有限公司 董事长、总经理。 此外，受市场行情波动、政府财政预算限制及客户付款流程较长等因素影响，辅导对象部分客户应收账款余额较大、账龄较长。辅导工作小组将持续督促公 司重视应收账款的回收和风险控制，加强对应收账款的监督，加大催款执行力度 ...

Core Viewpoint - Yutong Heavy Industry is launching a new brand strategy focused on "new energy, efficiency, and intelligence" with the introduction of seven new energy operation equipment models across three categories: sanitation, mining trucks, and heavy machinery [1] Company Summary - Yutong Heavy Industry's pure electric mining truck series holds a leading market share in the domestic segment and is a significant growth driver, with exports to countries like Thailand, Chile, and Indonesia [2] - The company has a history of innovation in the operation equipment sector, having introduced the first new energy sanitation product in 2014, the first pure electric mining truck in 2018, and the first direct-drive rotary drilling rig in 2020 [2] - Yutong Heavy Industry aims to leverage its integrated electric vehicle platform and intelligent cloud service platform to drive the transition towards greener, more efficient, and intelligent operation methods [2][3] Industry Summary - The construction machinery and specialized operation equipment sector is undergoing a "green, low-carbon, and intelligent" revolution, driven by strong policy support for new energy equipment [2] - Data from the China Construction Machinery Industry Association indicates significant growth in new energy sanitation vehicles, with sales increasing by 74.6% to 4,837 units, electric mining trucks up by 178.9% to 848 units, and electric loaders rising by 207.7% to 10,904 units in the first five months of the year [2] - Industry experts highlight challenges in the supply chain, including high costs associated with the "three electrics" (battery, motor, and electronic control), and the mismatch between battery lifespan and machinery design lifespan [3]

Group 1: Financial Performance - The company's gross profit margin increased to 26.53% in 2024, up by 1.80 percentage points from the previous year, primarily due to strict project quality control and enhanced operational efficiency [1] - The operating service gross profit margin reached 26.94%, an increase of 2.73 percentage points year-on-year [1] - R&D expenses for 2024 amounted to 24.97 million, focusing on autonomous cleaning machines, new energy sanitation vehicles, and smart sanitation systems [2] Group 2: Order and Revenue Insights - As of December 31, 2024, the company had a backlog of orders worth 9.38 billion, with 2.13 billion in contracts under 5 years, 3.96 billion between 5-10 years, and 3.3 billion over 10 years [2] - New contracts signed in 2024 totaled 1.73 billion, with an annualized amount of 290 million [2] Group 3: Accounts Receivable Management - The accounts receivable balance as of the end of 2024 was 1.117 billion, a 35% increase from the beginning of the year, attributed to increased sanitation revenue and macroeconomic factors affecting government payments [3] - The company is implementing measures to enhance accounts receivable management and optimize cash flow [3] Group 4: Market Strategy and Product Development - The company is focusing on low-cost operations and efficiency improvements to enhance profit margins in 2025 [2] - Plans to increase investment in product transformation and upgrades to improve competitiveness [4] - The company is actively developing overseas business, with ongoing research in Southeast Asia and the Middle East [5] Group 5: Technology and Automation - The cleaning efficiency of sanitation robots is significant, but challenges remain in areas like obstacle avoidance and edge cleaning in complex environments [4] - Current product planning includes vehicles ranging from 1.5 tons for sidewalks to 2.5 tons for larger areas, with potential savings of approximately 1.5 million in operational costs and a reduction of 10-12 sanitation workers per 100 square kilometers [4]