AIM(300446)2024-11-20 10:52Group 1: Financial Performance - The company's operating revenue for the first three quarters of 2024 reached 5.496 billion yuan, an increase of 30.21% year-on-year [4] - The net profit attributable to the parent company was 536 million yuan, reflecting a significant growth of 120.77% year-on-year [4] - The automotive parts business experienced substantial growth, driven by favorable industry trends and effective cost control measures [4] Group 2: Industry Trends - In the automotive market, passenger car production and sales reached 18.643 million and 18.679 million units respectively, with year-on-year growth of 2.6% and 3% [2] - The new energy vehicle sector saw production and sales of 8.316 million and 8.320 million units, marking year-on-year increases of 31.7% and 32.5% [6] - The global smartphone shipment volume increased by 6% year-on-year, reaching 890 million units, benefiting the electronic functional materials sector [4] Group 3: Oil and Gas Equipment Sector - The industrial crude oil output for the first nine months of 2024 was 15.987 million tons, a year-on-year increase of 2.0% [6] - Natural gas production reached 183 billion cubic meters, with a year-on-year growth of 6.6% [6] - The company is focusing on unconventional oil and gas resources, with shale gas production in China reaching 25 billion cubic meters in 2023 [8] Group 4: Strategic Initiatives - The company is enhancing its military product line through automation upgrades and is the only listed platform for the Aerospace Seventh Academy [4] - In the new energy vehicle sector, the company is collaborating with leading manufacturers like BYD and Geely to innovate in interior and exterior components [6] - The company is committed to improving its market value management by focusing on core business operations and enhancing investor communication [10]