APALT(SZ:002540)2024-07-03 08:25Company Overview - Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd. was established in 2001 and listed on the Shenzhen Stock Exchange. In 2023, the company achieved operating revenue of CNY 711,068.94 million and a net profit attributable to shareholders of CNY 56,537.09 million [2][4]. Business Performance - In 2023, the company reported a revenue of CNY 22.95 billion from aluminum extrusion materials, a year-on-year increase of 14.84%. The automotive parts segment generated CNY 4.13 billion, up 168.79% year-on-year [3]. - The subsidiary Haisheng Auto Parts achieved revenue of CNY 32,224.55 million, a 339% increase, and net profit of CNY 4,149.08 million, marking a significant profitability milestone [3]. Strategic Focus - The company is focusing on high-quality development in the automotive and new energy vehicle sectors, with plans to expand into emerging fields such as aerospace and marine engineering [2][4]. - Future production capacity is projected to reach approximately 600,000 tons of high-performance aluminum materials within the next three to five years [4][5]. Production and Sales Strategy - The company employs a "sales-driven production" model and a pricing strategy based on "aluminum ingot prices + processing fees," which helps mitigate the impact of raw material price fluctuations [3]. - The expected production and sales volume growth for 2024 is estimated at 10% to 20%, with a corresponding increase in main business revenue [4]. Future Development Plans - The company aims to enhance its global market share while focusing on domestic markets, leveraging opportunities in high-end aluminum applications [4]. - Ongoing projects include the production of 200,000 sets of high-strength aluminum system components for new energy vehicles and 12 million lightweight aluminum parts for automotive applications [5].