Group 1: Financial Performance - In 2024, the company achieved an operating revenue of 1.5 billion yuan, a year-on-year increase of 9.77% [3] - The net profit attributable to shareholders in 2024 was 85.47 million yuan [3] - In Q1 2025, the operating revenue reached 440 million yuan, a year-on-year growth of 44.61% [3] - The net profit attributable to shareholders in Q1 2025 was 25.45 million yuan, reflecting a year-on-year increase of 39.99% [3] Group 2: Reasons for Profit Fluctuations - The decline in net profit in 2024 was attributed to three main factors: 1. A significant non-operating income from land sales in 2023 [3] 2. Increased cash consumption due to ongoing project construction and reduced interest income from bank deposits [3] 3. Depreciation and amortization impacts from new projects launched in June 2024 [3] Group 3: Cost and Expense Analysis - The increase in management expenses in 2024 was due to: 1. Additional depreciation from new projects [4] 2. Salary system reforms leading to higher payroll costs [4] 3. Increased consulting fees [4] - Sales expenses rose primarily due to participation in overseas exhibitions [4] Group 4: Market and Competitive Position - The company’s direct exports to the U.S. account for less than 1%, minimizing the impact of tariff fluctuations [4] - Plans to accelerate the construction of a factory in Thailand to diversify overseas markets [4] - The industrial control business saw a reverse growth in gross margin due to a diverse customer base and emerging applications [4] - Competitive advantages in the high-frequency and high-speed connector market include: 1. Multiple invention patents providing cost competitiveness [4] 2. A broad customer base from nearly a decade of experience in the automotive sector [4] 3. Strong customization capabilities for small-batch production [4]
维峰电子(301328) - 投资者关系活动记录表（2025年4月28日-4月29日）