Anjie(002635)2024-11-02 07:38Financial Performance - In the first three quarters of 2024, the company achieved a revenue of 3.593 billion CNY, representing a year-on-year growth of 17.03% [1] - The net profit attributable to shareholders was 222 million CNY, a decrease of 6.42% compared to the previous year [1] - In Q3 2024, the company reported a single-quarter revenue of 1.178 billion CNY, which is a decline compared to the same period last year [2] Business Development - The company has developed a complete system for high-power wireless charging technology for new energy vehicles, including hardware and software components [2] - The company is actively collaborating with leading brands in the new energy vehicle sector to enhance its wireless charging solutions [2] - The company is focusing on the development of foldable screen technology and has established partnerships with several well-known consumer electronics brands [2] Subsidiary Performance - The subsidiary Weibo Precision achieved improved profitability in the first three quarters of 2024, driven by increased demand from major clients and the introduction of new products [3] - The overall gross margin of Weibo Precision has increased due to the optimization of its business and client structure, including the integration of new energy vehicle components [3] Hydrogen Energy Business - The company has developed core components for hydrogen fuel cells and is set to begin mass production in 2024 [3] - The company is focusing on enhancing the automation and efficiency of its hydrogen fuel cell production processes to capture market opportunities [3] Overseas Expansion - The company is constructing factories in Mexico and Vietnam to meet international client demands, with the Mexico factory expected to be completed by 2025 [4] - The Mexico factory will primarily support international clients in the new energy vehicle sector, while the Vietnam factory will cater to consumer electronics clients in Southeast Asia [4]