APALT(SZ:002540)2025-07-01 07:30Company Overview - Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd. was established in 2001 and listed on the Shenzhen Stock Exchange in 2011. As of Q1 2025, the total assets reached CNY 8.181 billion [1] - The company is a key supplier in the automotive thermal management and lightweight system components sectors, focusing on high-end aluminum alloy material applications [1] Core Competitive Advantages - The company is a significant aluminum supplier for global automotive thermal management systems, achieving over CNY 3 billion in revenue in 2024, accounting for approximately 42% of total revenue [2] - In the lightweight system components sector, the company generated nearly CNY 3.1 billion in revenue, representing about 41% of total revenue, with leading market shares in suspension and control system aluminum materials [2] Pricing Strategy - The pricing model for aluminum products is based on "aluminum ingot price + processing fee," with the ingot price referencing the monthly average of Shanghai Nonferrous Metals Market A00 aluminum ingot prices [3] Profit Distribution - For the 2024 semi-annual profit distribution, the company distributed CNY 1.6 per 10 shares, totaling CNY 197.5 million. For the 2024 annual distribution, CNY 2.0 per 10 shares was distributed, totaling CNY 247.2 million [4] Future Capacity Planning - The company is advancing several projects, including high-performance aluminum profiles for aviation and high-strength aluminum system components for new energy vehicles, aiming for significant production increases [5][6] Future Development Outlook - The company anticipates growth opportunities driven by global sustainable development policies and the upgrading of industrial structures. The automotive industry is evolving towards efficiency, cleanliness, and intelligence, presenting new challenges and opportunities in thermal management and lightweight technologies [6]