卡倍亿(300863) - 卡倍亿投资者关系管理信息

Financial Performance - In the first half of 2024, the company achieved an operating income of 1.65 billion CNY, representing a year-on-year growth of 5.27% [2] - The net profit attributable to shareholders reached 91 million CNY, with a year-on-year increase of 11.26% [2] Business Operations - The main raw material, copper, accounts for approximately 85% of the company's main business costs [2] - The pricing strategy for products is based on "material cost + processing fee," and production is primarily driven by sales orders [2] - High copper prices in the first half of the year had a slight negative impact on the company's gross profit margin, but prices have since declined [2][3] Market Expansion - The company has established a production base in Mexico, which is set to enter trial production soon, as part of its long-term strategy to expand its North American market share [3] - The automotive sales season is expected to boost company performance in the second half of the year, supported by new vehicle replacement policies [3] Product Development - The company announced the establishment of its wholly-owned subsidiary, Kabeiyi Zhili, on August 15, 2024, focusing on high-frequency and high-speed copper cable products for data centers and AI servers [3] - The new product samples are currently undergoing internal testing and are expected to be sent out for external evaluation soon [3] - Kabeiyi Zhili is projected to generate revenue from these products by 2025, which will become a new profit growth point for the company [3] Competitive Advantages - The company has over 30 years of experience in automotive cable production and possesses a comprehensive testing capability [4] - Key competitive advantages include strong customer relationships, efficient procurement processes, robust R&D capabilities, effective management systems, and superior cost control [4] - As a publicly listed company, Kabeiyi has better fundraising capabilities, allowing it to leverage various financing methods for large-scale, low-cost, long-term funding [4]