R&D Investment and Innovation - In 2024, the company invested CNY 29.51 million in R&D, focusing on electric and intelligent vehicle technologies, including projects like multimedia dashboard products and electric vehicle chargers [2][3] - Ongoing projects include the development of a multi-purpose golf cart and new cleaning machines [2][3] Revenue Performance - The company's revenue from electric vehicles in 2024 was CNY 829.92 million, a decrease of 23.17% compared to the previous year due to market competition and global trade tensions [2][3] - In 2024, the company reported a total revenue of CNY 831 million and a net profit of CNY 142 million [6][7] Market Expansion and Strategy - Non-U.S. market revenue grew by 25.33% in 2024, with non-U.S. markets accounting for 70.86% of total revenue, increasing to 85.37% in Q1 2025 [3][4] - The company plans to enhance its marketing network domestically and expand into Southeast Asia, the Middle East, and Europe [4][5] Risk Management - The company has formed a special task force to respond to the U.S. "double-reverse" investigation, aiming to mitigate risks through market diversification and product development [5][7] - The company’s revenue from the U.S. market fell by 57.93% in 2024 due to the investigation and competitive pressures [6][7] Financial Health - As of the end of 2024, the company's debt-to-asset ratio was 9.06%, indicating a strong financial position with CNY 1.943 billion in cash and financial assets [11][12] - The company emphasizes cost control and efficiency improvements across various operational areas to sustain profitability [9][10] Future Growth Potential - The company aims to explore strategic mergers and acquisitions to enter high-tech fields such as new materials and advanced manufacturing [9][10] - The focus on innovation and product development, particularly in electric all-terrain vehicles and cleaning vehicles, is expected to drive future growth [9][10]
绿通科技(301322) - 2025年05月09日投资者关系活动记录表