FJGF(SZ:002662)2025-04-10 12:44Group 1: Lithium Battery Project - The lithium battery project was launched in October 2021, but has not yet generated profits due to lack of competitive advantage in the industry [2][3] - As of the end of 2024, over 50% of the first phase of the lithium battery project has been invested, with technology testing completed but not yet in mass production [4] - The company plans to leverage the lithium battery business to drive growth in automotive aluminum alloy components, aiming for synergistic development of both main businesses [4] Group 2: Financial Performance - In 2024, the company's revenue was approximately ¥3.09 billion, a decrease of 14.06% compared to the previous year, while the gross profit margin increased by 0.50% to 29.52% [4][5] - Net profit for 2024 was approximately ¥354 million, with a net profit margin of 11.44% [4] - The decline in revenue and net profit was primarily due to decreased sales from traditional car manufacturers and increased competition in vehicle pricing [5] Group 3: Investment and Market Strategy - The company has faced multiple failures in external investments, raising concerns about management accountability [2][3] - The automotive parts market is nearing saturation, necessitating precise positioning in the passenger vehicle segment to identify new growth points [3] - The company is actively pursuing new market opportunities in the electric vehicle sector and enhancing its competitive strength through innovation and technology [6][7] Group 4: Shareholder Rights and Dividends - The company maintains effective communication channels with shareholders through meetings and investor platforms [7] - For the 2024 fiscal year, the company plans to distribute cash dividends of ¥10.8 million, representing 30.52% of the net profit attributable to shareholders [7]