SONGYUAN(SZ:300893)2025-05-19 09:52Group 1: Financial Performance - The company expects a revenue growth of 53.94% in 2024, driven by rapid market share expansion and new product launches [2][3] - The company's current profit level is steadily improving [4] - The gross margin and net margin for 2024 are expected to decline slightly due to changes in product structure and competitive pricing strategies [10] Group 2: Market Strategy and Expansion - The company plans to utilize capital platforms for further capital operations, including refinancing and mergers [3] - The company has established supply relationships with leading electric vehicle brands such as NIO, Li Auto, and Xpeng, with a market share close to 40% in the electric vehicle sector [8][9] - The company is focusing on expanding its production capacity in response to market demand, with key projects in Hefei and Linshan [5][6] Group 3: Research and Development - R&D investment for 2024 is projected at 97.84 million CNY, a 45.32% increase year-on-year, focusing on new products and global customer projects [11] - The company emphasizes continuous R&D investment to enhance product quality and maintain competitiveness in the automotive safety market [9][12] Group 4: Future Goals and Vision - The company aims for a revenue target of 10 billion CNY by 2030, with plans to set more ambitious goals starting in 2026 [13] - The company is committed to refining its management practices and enhancing investor relations to boost market confidence [12][13]