WTJX(830839)2024-11-12 10:42Group 1: Revenue Growth - The revenue from oil-gas spring products increased by 119.00% year-on-year in the first half of 2024, continuing the growth trend into the third quarter [2] - The company’s core product, the oil-gas spring, has maintained rapid sales growth due to its advantages in driving comfort, safety, maneuverability, and handling [1] Group 2: Production Capacity - Current production capacity for oil-gas springs cannot meet market demand, prompting the company to expand and upgrade its automated production lines [3] - The automated production lines, once operational, are expected to significantly enhance production capacity and efficiency for oil-gas springs [3] Group 3: International Market Performance - In the first three quarters of 2024, overseas sales of core products, including specialized oil cylinders for dump trucks, showed rapid growth [4] - The company aims to achieve substantial growth in overseas market revenue by delivering oil-gas spring products in the fourth quarter [4] Group 4: Future Growth Drivers - Future revenue growth is anticipated from the application of oil-gas springs in new fields and vehicle models, as well as accelerated expansion into international markets [5] - The company is committed to continuous innovation and development of new products, including electric cylinders, to enhance market presence in high-end applications [5]