2024-07-18 10:09Group 1: Company Performance Overview - In the first half of 2024, the company actively promoted product, business, and market structure optimization, significantly increasing the proportion of natural gas heavy-duty engine products compared to the previous year [1] - The company expects to achieve a net profit attributable to shareholders of approximately RMB 5.46-6.24 billion, representing a year-on-year growth of 40%-60% [1] - The net profit after deducting non-recurring gains and losses is projected to be around RMB 5.06-5.78 billion, also reflecting a year-on-year increase of 40%-60% [1] Group 2: Natural Gas Heavy-Duty Engine Outlook - The supply of natural gas is expected to be sufficient, with a stable supply-demand relationship and relatively complete infrastructure, which will gradually enhance the penetration rate of natural gas heavy-duty vehicles [1] - The company aims to continuously improve product and market competitiveness, having launched a new generation of products on May 23 [1] Group 3: Smart Logistics Business Performance - The smart logistics business continued its positive development trend in Q1 2024, with both revenue and profit increasing, and adjusted EBITDA rising to €230 million [3] - The profitability of the two major segments significantly improved, with an adjusted EBITDA margin reaching 7.9%, an increase of 2.3 percentage points compared to the same period last year [3] - The industrial vehicles and services segments maintained strong growth, while the supply chain solutions benefited from service business growth and project management optimization, leading to noticeable improvements in profitability [3]