Core Viewpoint - The company, Chongqing New Aluminum Era Technology Co., Ltd., specializes in the research, production, and sales of aluminum alloy components for electric vehicle battery systems, with a focus on high-precision and high-performance products [2][7]. Company Overview - Chongqing New Aluminum Era Technology Co., Ltd. was established on December 18, 2015, and went public on October 25, 2024. The company is located in Fuling District, Chongqing [7]. - The main business revenue composition includes battery box cases (86.26%), other supplementary products (8.10%), precision structural parts (5.46%), and other products (0.17%) [7]. - The company is recognized as a leading enterprise in its niche and is classified as a national-level specialized and innovative "little giant" [2][3]. Financial Performance - For the period from January to September 2025, the company achieved operating revenue of 2.223 billion yuan, representing a year-on-year growth of 61.38%. The net profit attributable to the parent company was 184 million yuan, with a year-on-year increase of 18.65% [8]. - As of October 31, 2025, the number of shareholders increased to 12,800, up by 5.11%, with an average of 6,535 circulating shares per person, an increase of 121.97% [8]. Market Position and Clientele - The company is the largest supplier of aluminum alloy battery box cases for BYD's electric vehicles, benefiting from the increasing sales of BYD's electric vehicles [3][8]. - The company has also targeted the 3C industry, addressing the significant demand gap for high-precision and high-surface materials [2]. Stock Performance - On November 5, the stock price of New Aluminum Era rose by 1.69%, with a trading volume of approximately 89.95 million yuan and a turnover rate of 2.17%, bringing the total market capitalization to 7.163 billion yuan [1].

Core Viewpoint - The company is actively advancing its business layout in the robot components sector and plans to leverage its acquisition of Honglian Electronics, which possesses advanced technology applicable to the robotics field [2]. Group 1: Company Developments - The company has confirmed its orderly progress in the robot components business layout [2]. - The planned acquisition of Honglian Electronics, recognized as a national-level specialized and innovative "little giant" enterprise, includes core products such as 2μ-level ultra-high precision shaft technology, which is validated for use in robotics [2]. - A wholly-owned subsidiary, Chongqing New Aluminum Era Material Technology Co., Ltd., is set to implement lightweight component projects, including those for the robotics sector, aligning with the company's strategic development direction [2]. Group 2: Current Status and Future Outlook - As of now, the company is still in the product development phase for 3C products, computing heat sinks, and robot-related components, with no related orders formed yet [2]. - There remains uncertainty regarding the mass production of these components, and investors are advised to invest rationally and be aware of potential risks [2].

Group 1: Company Overview - The company specializes in the R&D, production, and sales of aluminum alloy components for electric vehicle battery systems, with a complete business system covering material R&D, product design, advanced production processes, and large-scale manufacturing [1] - The main product is the battery box, a critical component of the electric vehicle power battery system, along with other parts like cell casings and precision structural components [1] Group 2: Technological Advantages - Recognized as a national high-tech enterprise, the company has become the largest supplier of aluminum battery boxes to BYD, leveraging advanced manufacturing techniques [2] - As of December 31, 2024, the company holds 142 patents, including 23 invention patents, covering key production processes and product designs for battery system components [2] Group 3: Product Advantages - The company has developed a strong R&D capability in high-performance aluminum materials and advanced welding technologies, allowing for the synchronized development of battery system components with clients [3] - The products meet various integration technologies (CTM, CTP, CTB) and have not caused any recall incidents due to quality issues, earning recognition from downstream customers [4] Group 4: Customer Advantages - The design and development of battery boxes require collaboration among vehicle manufacturers, battery manufacturers, and suppliers, leading to high customization and low supplier turnover [5] - The company has established long-term relationships with major clients, including BYD and CATL, which enhances its competitive edge and reduces the likelihood of supplier changes [6][7] Group 5: Scale Advantages - In 2024, the company produced approximately 866,800 battery boxes, with sales of 812,600 units, achieving a market share of about 6.32% in the domestic new energy vehicle market [8] - The large-scale production capacity ensures timely delivery and cost reduction, enhancing profitability and market competitiveness [8] Group 6: Team Advantages - The founder has nearly 40 years of experience in the aluminum alloy industry, driving the company's strategic development and innovation [9] - The core team possesses extensive experience in R&D, production, and quality management, ensuring the company maintains its competitive edge through continuous innovation [10] Group 7: Financial Health and Future Plans - The company is actively pursuing the acquisition of Honglian Electronics, with due diligence and audit processes underway [10] - The company has diversified its customer base, reducing reliance on major clients and improving cash flow stability [11] - A complete industrial chain has been established, enhancing production efficiency and cost control [12] - The company maintains a healthy asset-liability ratio and has strategies in place to manage cash flow effectively [12]

Core Viewpoint - New Aluminum Era (新铝时代) reported a revenue increase to 1.906 billion yuan in 2024, marking a year-on-year growth of 6.95%, driven primarily by strong sales of battery box cases [3] Group 1: Financial Performance - In 2024, the company's revenue reached 1.906 billion yuan, reflecting a 6.95% increase compared to the previous year [3] - The core product, battery box cases, significantly contributed to the revenue growth [3] Group 2: Customer Relationships - The largest customer is BYD, with a long-term stable partnership established with Geely [3] - In 2024, the company expanded its customer base to include new energy vehicle manufacturers and battery suppliers such as CATL, Zhongxin Innovation, and Yutong, achieving mass production supply [3] Group 3: Strategic Acquisition - The acquisition of Honglian Electronics is aimed at strategic alignment and complementary synergies, focusing on high-precision, high-strength materials for the new energy vehicle and 3C industries [4] - Honglian's core product includes ultra-high precision shafts, which are applicable in robotics [4] Group 4: Production Capacity and Future Outlook - The company indicated limited production capacity in 2024, but expects a 69% year-on-year revenue growth in Q1 2025 as new projects come online [4] - Continuous process optimization and product upgrades are planned to maintain competitive advantages and expand the customer base [4]