H&T INTELLIGENT(SZ:002402)2026-02-11 10:26Company Overview - Shenzhen Heertai Intelligent Control Co., Ltd. was established in 2000 and listed on the Shenzhen Stock Exchange in 2010 [2] - The company specializes in intelligent control solutions, covering home appliances, power tools, industrial automation, automotive electronics, and smart products [2] - The compound annual growth rate (CAGR) of revenue since listing has remained high, with total revenue reaching 96.59 billion CNY in the first three quarters of 2025 [2][3] Strategic Partnerships - Heertai has established strategic partnerships with well-known domestic and international companies such as Electrolux, Whirlpool, Siemens, TTI, Arcelik, BorgWarner, Haier, and Hisense [3] Financial Performance - The company disclosed a positive earnings forecast for 2025, with both net profit and net profit after deducting non-recurring gains and losses expected to grow rapidly [3] - Cumulative cash dividends since listing amount to 770 million CNY, with a commitment to maintain reasonable returns to investors [7] Operational Efficiency - The company has optimized product gross margins and improved organizational efficiency through adjustments in customer and product structures, alongside refined expense management [3][6] - The company has implemented effective risk control measures for foreign exchange fluctuations, including forward foreign exchange transactions and timely adjustments of foreign currency liabilities [8] Future Outlook - In 2026, the company plans to deepen its strategic investments in artificial intelligence, focusing on the intelligent upgrade of traditional home appliance businesses [3] - The company is actively expanding into the robotics sector through external investments and joint ventures, having already mastered key technologies such as servo motors and joint control [3] Customer and Market Development - The company has successfully expanded its customer base and product categories in the power tools sector, with stable revenue growth expected in 2025 [5] - The company emphasizes a collaborative growth philosophy with clients, enhancing trust and long-term partnerships through comprehensive support in technology, manufacturing, and supply chain [9] Capital Expenditure - The company has acquired a new production base in Guangming New District, Shenzhen, to prepare for capacity needs over the next 3-5 years, indicating ongoing capital expenditure [10]