Core Viewpoint - Jiangsu Leili Electric Motor Co., Ltd. held a specific investor research event, discussing its business performance and future plans with various institutional investors [1] Financial Performance - In the first half of 2025, the company achieved revenue of 1.958 billion yuan, a year-on-year increase of 20.71% - The net profit attributable to shareholders was 186 million yuan, up 8.45% year-on-year - The net profit excluding non-recurring items was 176 million yuan, reflecting a year-on-year growth of 3.67% - The company distributed cash dividends of 166 million yuan for the 2024 fiscal year, with a dividend payout ratio of 56.4% [1] Business Segment Performance - The home appliance segment saw a revenue increase of 5.09% year-on-year, with strong sales in brushless motors for air conditioners and ice-making machines - The automotive parts segment experienced significant growth, with a revenue increase of 63.72%, driven by laser radar motors and automotive compressor motors being adopted by major enterprises - The industrial control segment's revenue grew by 34.49%, primarily due to the supply of high-efficiency industrial water pump motors to North American water treatment clients [2] Product Development and Market Expansion - In the automotive parts segment, laser radar prism motors and galvanometer motors have begun bulk supply to clients such as TuDatong and BYD, with rapid revenue growth in air conditioning compressor motors and related products - The company aims to enhance its market share in micro-special motors and components within the next 2-3 years, establishing this as a second core business pillar - Laser radar motor products have entered the supply chains of several mainstream automotive companies, with ongoing product upgrades and the development of optical-electromechanical integration technologies [2] R&D and International Expansion - The company's subsidiary, Zhongke Lingxi, launched two dexterous hands and control systems in May, followed by smart upgrades and high-load servo cylinders in August - The company is collaborating on the development of axial flux motors for emerging fields, with products expected to enter mass production in agriculture, new energy vehicles, and special equipment this year - Internationally, the company has established R&D, marketing platforms, and manufacturing bases in multiple countries, with a factory in Vietnam set to complete expansion in 2024 and a factory in Mexico expected to commence production in 2025 [3]

Financial Performance - Jiangsu Leili achieved revenue of 1.958 billion CNY in the first half of 2025, a year-on-year increase of 20.71% [2] - The net profit attributable to shareholders was 186 million CNY, up 8.45% year-on-year [2] - The non-recurring net profit was 176 million CNY, reflecting a growth of 3.67% [2] - The company distributed cash dividends of 166 million CNY for the 2024 fiscal year, with a dividend payout ratio of 56.4% [2] Business Segment Performance - The home appliance segment saw a revenue increase of 5.09% year-on-year, with significant sales growth in brushless motors for air conditioners and ice-making machines [2] - The automotive parts segment experienced a remarkable revenue growth of 63.72%, with products like laser radar motors and automotive compressor motors gaining traction among major clients [2][3] - The industrial control segment's revenue grew by 34.49%, driven by high-efficiency energy-saving industrial water pump motors supplied to North American clients [2] Future Development Plans - The automotive parts segment aims to enhance market share in micro-special motors and components, targeting it as the second core business pillar after home appliances within the next 2-3 years [3] - The company is advancing the development of laser radar motors for various applications, including consumer and industrial sectors [4] - Jiangsu Leili is focusing on the development of axial flux motors, which promise higher power density and efficiency compared to traditional radial motors, with plans for mass production in emerging fields [5] Global Expansion - The company has established R&D and manufacturing bases in North America, Europe, Southeast Asia, South Korea, and Hong Kong to enhance its global operational framework [6] - The Vietnam factory expansion was completed in 2024, and the Mexico factory commenced operations in 2025, ensuring supply stability for North American clients [6] - New production bases are being set up in Malaysia and Thailand, with expected mass production by the end of the year [6]

Group 1: Company Performance Overview - Jiangsu Leili achieved a revenue of 3.519 billion CNY in 2024, a year-on-year increase of 14.38% [1] - Net profit attributable to shareholders was 294 million CNY, a decrease of 7.14% year-on-year, while the net profit excluding non-recurring items was 301 million CNY, an increase of 3.53% [1] - The company proposed a cash dividend of 3.2 CNY per 10 shares (including tax) and a capital reserve conversion of 4 shares for every 10 shares [1] - The total cash dividends distributed in 2024 amounted to 166 million CNY, with a payout ratio of 56.4% [1] Group 2: Segment Revenue Breakdown - Home appliances segment generated 2.159 billion CNY, up 12.75% year-on-year [1] - Automotive parts segment revenue reached 612 million CNY, a significant increase of 30.42% [1] - Industrial control segment reported 419 million CNY, growing by 24.00% [1] - Medical and sports health segments achieved revenues of 240 million CNY, with a modest growth of 2.71% [1] Group 3: Q1 2025 Performance - In Q1 2025, Jiangsu Leili reported a revenue of 908 million CNY, reflecting a year-on-year growth of 25.81% [1] - Net profit attributable to shareholders for Q1 2025 was 93.5971 million CNY, an increase of 28.15% year-on-year [2] Group 4: Dingzhi Technology Performance - Dingzhi Technology's revenue in 2024 was 224 million CNY, down 20.80% year-on-year, with a net profit of 38.7 million CNY, a decline of 52.17% [3] - The company distributed a cash dividend of 2 CNY per 10 shares (including tax) and a capital reserve conversion of 4 shares for every 10 shares, totaling 26.89 million CNY in cash dividends with a payout ratio of 69.5% [3] - In Q1 2025, Dingzhi Technology achieved a revenue of 58.795 million CNY, up 35.76% year-on-year, with a net profit of 12.6505 million CNY, a significant increase of 135.75% [3] Group 5: Future Development and Product Strategy - Jiangsu Leili is focusing on the development of micro-motors and components for new energy vehicles, emphasizing smart driving technology [4] - The company is expanding its product offerings in industrial control and intelligent sectors, aiming for continuous rapid growth in these areas [5] - Dingzhi Technology is enhancing its precision motion control product platform and aims to transition from a component manufacturer to a precision motion control system integrator [6]