WTJX(BJ:830839)2024-10-21 12:08Group 1: Electric Cylinder Advantages and Applications - Electric cylinders are integrated components with high precision, low pollution, and high energy efficiency [1][2] - Currently, electric cylinders are primarily used in specific equipment fields, with ongoing research and development in servo control technology [2] Group 2: Growth of Gas-Oil Springs - Gas-oil springs, a core product, achieved a compound annual growth rate (CAGR) of 89.55% from 2021 to 2023, with revenue of 52.2935 million yuan in the first half of 2024, surpassing the total revenue of 2023 by 119.00% [2] - The gross profit margin for gas-oil springs has recovered to 42.74%, driven by advantages in driving comfort, safety, maneuverability, and control [2] - The market for gas-oil springs is expanding, with applications in non-road mining dump trucks and future models including heavy-duty transport vehicles and new energy passenger cars [2] Group 3: International Business Development - The company's products are primarily sold in North America, South America, the Middle East, and Eastern Europe, with overseas revenue increasing by 62.04% in the first half of 2024 [2] - The self-dumping truck-specific oil cylinders and mechanical equipment cylinders have seen rapid growth in overseas sales, contributing significantly to international revenue [2] - The company has gained recognition for its product quality and delivery service, enhancing its overseas business income and profitability [2]