Company Overview - Founded in 2003 with a registered capital of 84.748746 million yuan, focusing on automotive injection molds and plastic components [5] - Operates five wholly-owned subsidiaries, including locations in Thailand and Europe for international market expansion [5] - Aims to provide comprehensive solutions and enhance customer value through automation and innovation [5] Product and Client Base - Main products include interior and exterior automotive injection molds, serving renowned clients like General Motors, Volkswagen, and various domestic brands [6] - In 2024, revenue from products for new energy vehicles reached 165.5637 million yuan, a 126.21% increase, accounting for 24.39% of total revenue [12] Research and Development - R&D investment in 2024 was 28.3312 million yuan, representing 4.17% of revenue, with a 15.34% year-on-year increase [8] - Achieved a total of 98 patents by the end of 2024, including 26 invention patents [8] - Focus on innovative technologies in injection molds and modified materials, maintaining a competitive edge in the industry [8][9] Financial Performance - In 2024, total revenue reached 678.8520 million yuan, an 18.59% increase from the previous year [12] - The company holds an order backlog of 938 million yuan, with a 22.57% increase year-on-year [12] International Expansion - Established subsidiaries in Thailand (2019) and France (2023) to enhance global market presence [15] - Plans to set up branches in key automotive regions like Europe and North America to improve service and market reach [15] Risk Management - Implements strategies to mitigate foreign exchange and raw material price fluctuation risks, including long-term contracts with suppliers [16][17] - Focuses on enhancing product value and negotiating favorable terms with suppliers to manage costs effectively [17] Future Outlook - Plans to expand modified polymer materials production capacity to 150,000 tons per year by 2025, enhancing product offerings and market competitiveness [22] - Aims to leverage the growing demand for lightweight materials in the automotive sector to drive future growth [19]
海泰科(301022) - 2025年6月20日投资者关系活动记录表