Core Insights - The company reported a revenue of 4.91 billion yuan for 2024, marking an 18.64% year-on-year increase, and a net profit of 497 million yuan, reflecting a significant growth of 514.49% [1] - The company plans to issue a stock dividend of 4 shares for every 10 shares held and distribute a cash dividend of 2 yuan per share (tax included) [1] Group 1: Business Overview - The company specializes in the research, manufacturing, and sales of automotive components, including interior and exterior parts, precision components, intelligent control system parts, and new energy power systems [1] - The company’s subsidiary, Hubei New Torch, leads the wheel hub bearing sector, achieving an annual production capacity of over 18 million sets and expanding its market presence among major new energy vehicle manufacturers [1] Group 2: Product Development - The company has successfully developed reverse planetary roller screw products for humanoid robots, with a planned annual production capacity of 12,000 sets by the end of 2024 [2] - The company has established a complete processing capability and production line for micro ball screws, targeting applications in humanoid robot dexterous hands [2][3] Group 3: Future Strategies - The company aims to advance the industrial application of core technologies such as ball screws and develop AI quality prediction models while expanding into the low-altitude economy sector [4] - The company plans to accelerate the development of supporting products for new energy vehicles and deepen its global presence, particularly in Southeast Asia and North America [4]