Hwaway Technology(SZ:001380)2025-04-14 10:46Group 1: Company Operations and Production - The company is progressing with production bases in Mexico and Morocco as planned, with full operations expected soon [2] - The company has implemented green energy initiatives, including solar panels on factory rooftops, to reduce reliance on traditional energy sources and lower energy costs [3] - The company has introduced automated production equipment, significantly enhancing production efficiency and product quality stability [4] Group 2: Market Position and Strategy - The company achieved a market share of 27% in the suspension spring market in 2024, up from 22% in 2022, driven by increased capacity and the rapid development of domestic electric vehicle brands [9] - The company is strategically positioned with production bases in Mexico and Morocco to serve different customer groups in North America and Europe [9] - The company plans to expand its product matrix and optimize customer structure by entering non-automotive sectors such as rail transportation and industrial robotics [6] Group 3: Financial Performance and Shareholder Returns - The company plans to distribute a cash dividend of 3.00 RMB per 10 shares and increase capital reserves by 4.8 shares per 10 shares [6] - The company reported a revenue of 1.86 billion RMB in 2024, driven by the rise of domestic brands and the electric vehicle industry [9] - The company has a manageable liquidity risk, with strategies in place to monitor cash flow and utilize excess funds effectively [5] Group 4: Research and Development - The company holds 20 national invention patents and 179 utility model patents, focusing on new materials and extending into related component fields [6] - The company emphasizes a balanced age and education structure among its R&D personnel to foster innovation and collaboration [4] - The company is committed to continuous improvement in technology to meet the automotive industry's increasing quality and performance demands [10] Group 5: Risk Management and Supply Chain - The company employs a rigorous evaluation process for outsourcing partners to ensure quality and maintain market stability [5] - The company has established a comprehensive supplier management system to ensure timely and quality raw material supply [12] - The company utilizes a global capacity layout and intelligent supply chain collaboration to enhance operational efficiency [11]