Core Viewpoint - Moulding Technology (SZ000700) reported a decline in revenue for 2024, with net profit increasing significantly, indicating a focus on cost management and efficiency despite lower sales [1][2]. Financial Performance - The company's operating revenue for 2024 was 7.14 billion yuan, a decrease of 18.18% compared to 2023 [1]. - Net profit attributable to shareholders was 626.32 million yuan, reflecting a year-on-year increase of 39.46% [1]. - The net profit after deducting non-recurring gains and losses was 517.99 million yuan, up 13.68% from the previous year [1]. - Basic earnings per share were 0.68 yuan, an increase of 39.47% compared to 2023 [1]. - The gross profit margin for 2024 was 18.09%, up 0.86 percentage points year-on-year, while the net profit margin was 8.74%, an increase of 3.54 percentage points [2]. Cost Management - Total operating expenses for 2024 were 876 million yuan, a reduction of 280 million yuan from the previous year [2]. - The expense ratio was 12.28%, down 0.98 percentage points year-on-year [2]. - Sales expenses decreased by 17.32%, while management expenses increased by 6.30% [2]. Employee Statistics - The company had 5,880 employees at the end of 2024, a decrease of 200 employees or 3.29% compared to the previous year [4]. Executive Compensation - Total compensation for directors, supervisors, and senior management in 2024 amounted to 21.46 million yuan, with the highest-paid being the chairman and general manager, who received 7.6 million yuan [5][7].

Core Viewpoint - Moulding Technology (模塑科技) has secured significant orders from North American electric vehicle companies, indicating strong market recognition and potential for future growth in North America [1][2][3] Group 1: Recent Orders and Market Expansion - The company's wholly-owned subsidiary, Minghua de Mexico, received a project order for exterior parts from a well-known North American electric vehicle manufacturer, with an expected production start in January 2026 and a total sales volume of 366,000 sets, amounting to approximately 1.236 billion yuan [1][2] - In the first half of 2025, the company also secured multiple domestic project orders for new energy SUV exterior parts, with total expected sales between 1.23 billion yuan and 1.32 billion yuan, planned for production in May 2026 [2] - The company has established a global business layout with production bases in China and Mexico, enhancing its ability to respond quickly to customer needs and reducing transportation costs [3] Group 2: Financial Performance - In Q1 2025, the company reported revenue of 1.599 billion yuan, a year-on-year decrease of 11.65%, while net profit increased by 2.74% to 148 million yuan, indicating improved profitability [6] - For the full year 2024, the company achieved revenue of 7.136 billion yuan, a decline of 18.18%, but net profit rose by 39.46% to 626 million yuan, showcasing effective cost control and operational efficiency [5] Group 3: Research and Development Investment - The company has invested a total of 1.169 billion yuan in R&D from 2020 to 2024, with annual expenditures exceeding 200 million yuan, reflecting a strong commitment to technological innovation [4][5] - The company has established R&D centers in Beijing, Shanghai, and Jiangyin, enhancing its technical capabilities and market competitiveness [4][5]

(责任编辑：王治强HF013) 【6月17日渤海汽车涨停，拟收购4家汽车零部件企业控制权】6月17日，渤海汽车(600960)"一字板"涨 停，收盘股价报5.05元/股，封单超9500万元。前一晚，该公司发布重大资产重组预案，拟购4家汽车零 部件企业控制权。据公告，渤海汽车将发行股份及付现，购控股股东海纳川持有的北汽模塑51%股权、 廊坊安道拓51%股权、智联科技100%股权、莱尼线束50%股权，并募资配套资金。重组预案显示，渤海 汽车拟向不超35名特定对象发股募资，用于付现对价、标的公司项目建设及补充流动资金。官网显示， 渤海汽车属北汽集团，1951年始建，1963年定点产活塞，2004年上交所主板上市，主营高性能活塞等产 品。交易后，渤海汽车业务将新增汽车外饰零部件等产品。以北汽模塑为例，其主营汽车保险杠等，已 在多地设生产基地，成绩较好。莱尼线束专注汽车线束，莱尼是行业领先供应商，价值链涵盖电线等产 品。渤海汽车称，整合核心要素、拓展新兴业务、布局新项目，可优化业务结构。交易完成后，整合技 术研发能力，扩展产品线，提升核心。渤海汽车还表示，并购可提技术水平、丰富产品矩阵、扩市场份 额，提升盈利能力和品牌 ...

5月30日，渤海汽车（600960.SH）发布公告称，公司拟通过发行股份及支付现金的方式，购买北京海纳川汽车部件股份有限公 司（以下简称"海纳川"）持有的北汽模塑51%的股权、廊坊安道拓51%的股权、智联科技100%的股权、莱尼线束50%的股权，并 向不超过35名（含）符合条件的特定对象发行股份募集配套资金。 此外，本次渤海汽车拟收购的四家企业，均为汽车零部件领域的重要参与者，与渤海汽车现有业务具有较高的协同性。其中， 北汽模塑主要经营汽车保险杠、模具、塑料制品的研发、生产与销售等业务；廊坊安道拓主要从事汽车座椅的研发、生产与销 售；智联科技则专注于汽车智能网联产品的研发与生产；莱尼线束主要从事汽车线束的设计、制造与销售。 | 证券代码 | 证券简称 | 停复牌类型 | | 停牌起始日 | 停牌 期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600960 | 渤海汽车 | A 股 | 停牌 | 2025/6/3 | | | | 公告显示，本次交易预计构成重大资产重组，且构成关联交易。公司股票自6月3日（星期二）开市 ...

"五一"假期，销售5000多单，严卫强直言没想到。 4月30日晚，江苏省南京市新街口商圈中央商场外的广场上，"外贸优品中华行—南京展销月"活动开 幕。南京可康户外用品公司的展位前人头攒动，公司负责人严卫强当起推销员。 拿出黄金地段、黄金铺位，为外贸企业搭建拓内销平台、让外贸好货站上C位……该展销活动将持续到 5月底，全市60多家优质外贸企业进驻1300平方米的展销专区（市集）。据悉，今年南京还将联动南京 都市圈内其他城市持续举办多类展会活动，为外贸企业扩大销路搭建平台。 "多亏这样的展会，帮我们拓展国内市场。"严卫强介绍，公司近期面临一些压力，一边加大促销力度， 一边调整产品设计。 既开拓国内市场，也开发外贸新市场。多条腿走路，外贸企业从容淡定。 不久前，南京商务部门携手南京焦点科技股份有限公司旗下的中国制造网，发布"南京优品线上专区"， 为外贸企业出海搭建"数字航道"。作为外贸服务综合平台，中国制造网为南京爱度汽车科技有限公司提 出精准建议——某款汽车保险杠在危地马拉很受欢迎。"这研判，太准确了！前不久，我们已经和当地 一家大型汽车配件销售商签下20万元人民币的订单。"公司创始人汪林娟笑着说，这是公司首次进 ...

"这一轮制造业格局重组会持续 10 - 15 年。" 文 丨 郑可书 曾兴 编辑 丨 管艺雯 制造业是流浪的产业，逐低成本而居。上个世纪，工厂们从美国迁移到日本，再转向以韩国为代表的 "亚洲四小龙"，在 1980 年代后涌向成本低廉、市场广阔的中国。刚改革开放的中国以 "三来一 补"（来料加工、来样加工、来件装配）式的政策热情迎接，又在本世纪初加入世贸组织，严丝合缝地 嵌入全球供应链的各个节点。 此后 20 年，数以亿计的农村劳动力涌向城镇，用流水线上的劳作托举中国成为 "世界工厂"。各节点 上的制造企业们为国际巨头代工、与国际同行竞争，以留在本地的姿态融入全球贸易格局，共同构成 其他国家远不可及的完备供应链。机器的轰鸣声中，零部件和制成品源源不断地走下产线，变成外 汇。 也是在这 20 年里，中国成本上升、地缘政治风险加剧。2010 年代，欧美开始 "中国加一"（China Plus One）战略，避免只在中国投资，印度、东南亚成为新的目的地；2018 年，美国总统特朗普开启 贸易战，多次对华加征关税；2025 年，特朗普再次上台，在 3 月初将对华加征关税提高至 20%，而 且这次上任后，他的动作更快、变 ...