YODON(SZ:002406)2025-04-25 09:28Group 1: Industry Overview - In 2024, the production and sales of passenger vehicles in China reached 27.477 million and 27.563 million units, respectively, representing year-on-year growth of 5.2% and 8% [3] - New energy vehicles (NEVs) achieved production and sales of 1.2888 million and 1.2866 million units, with year-on-year growth of 34.4% and 35.5%, marking a significant milestone as sales exceeded 1 million units, accounting for over 40% of total sales [3] Group 2: Company Performance - The company's revenue decreased by 2.34% year-on-year, while the net profit attributable to shareholders increased by 25.76%, indicating strong overall profitability [4] - The commercial vehicle market showed weakness, with production and sales figures declining by 5.8% and 3.9% year-on-year, respectively [4] Group 3: Future Outlook - The company plans to focus on the development of new products for NEV chassis components, emphasizing the importance of technological advancements and market expansion [3] - Investment in advanced production equipment and automation technology is prioritized to enhance production capacity and meet customer demands in the NEV sector [4]