WTJX(830839)2025-03-14 11:30Group 1: Investor Relations Activities - The company conducted an online investor communication meeting on March 13, 2025, with participation from various securities and fund companies [3][4]. Group 2: Collaboration with Pangu Intelligent - The partnership with Pangu Intelligent, a leading manufacturer in centralized lubrication systems, is expected to enhance the company's business capabilities and overall strength [4]. - Pangu Intelligent holds over 50% market share in the domestic centralized lubrication system market for wind power applications [4]. - The company plans to issue convertible bonds totaling up to 150 million CNY, with Pangu Intelligent committing to subscribe for at least 120 million CNY [4]. Group 3: Profitability Enhancement - In 2024, the net profit attributable to shareholders reached 109 million CNY, a year-on-year increase of 37.02% [5]. - The gross margin improved by 6.20 percentage points, and the net profit margin increased by 5.43 percentage points [5]. - The company achieved a net cash flow from operating activities of 121.86 million CNY, up 84.85% year-on-year [5]. Group 4: Growth in Oil-Gas Springs - Revenue from oil-gas springs grew by 93.34% in 2024, with a compound annual growth rate of 116.46% over the past three years [6]. - The company is actively developing new oil-gas spring products for various heavy-duty vehicles and is focusing on intelligent suspension systems [6]. Group 5: Electric Cylinder Technology - The company has developed its own electric cylinder design and production technology, receiving three new utility model patents in 2024 [7]. - The company is enhancing its precision processing and detection capabilities through research on planetary roller screw technology [7]. Group 6: International Market Expansion - The overseas market revenue grew by 62.71% in 2024, with significant contributions from North America and Eastern Europe [9]. - The company has successfully exported products to various regions, including North America, South America, Africa, the Middle East, and Eastern Europe [9].