Core Viewpoint - The company, Jiechang Drive, reported a robust performance in its 2024 annual report, showcasing significant growth in revenue and net profit, driven by its leadership in the smart linear drive control systems sector [1] Group 1: Financial Performance - In 2024, the company achieved operating revenue of 3.652 billion yuan, representing a year-on-year increase of 20.37% [1] - The net profit attributable to shareholders reached 282 million yuan, marking a year-on-year growth of 36.91% [1] - The core business segment, linear drive products, saw a revenue increase of 20.65% [2] Group 2: Market Expansion - The company's overseas business revenue amounted to 2.535 billion yuan, accounting for 69.4% of total revenue, with a year-on-year growth of 18.85% [2] - Domestic business revenue grew by 24.99%, indicating a dual-driven growth model from both international and domestic markets [2] - The company is actively responding to the Belt and Road Initiative to enhance its international market presence [2] Group 3: Innovation and R&D - In 2024, the company invested 232 million yuan in R&D, ensuring funding for key technology breakthroughs and product innovations [3] - The company holds a total of 941 patents, including 111 domestic invention patents and 109 international invention patents [3] - The company is involved in significant R&D projects, including the "High Thrust Density Electric Linear Actuator" project in Zhejiang Province [3] Group 4: Robotics and Smart Manufacturing - The company is expanding into the robotics sector, focusing on linear actuators and dexterous hands for humanoid robots, targeting a market potential of hundreds of billions [4] - A joint venture, Zhejiang Lingjie Robotics Co., Ltd., was established to focus on the development and manufacturing of core components for robotics [4] Group 5: Investor Returns - The company plans to distribute a cash dividend of 0.30 yuan per share, totaling 115 million yuan, with a payout ratio of 40.80% [5] - The commitment to shareholder returns reflects the company's focus on long-term value creation while maintaining business growth [5]