APG(002284)2024-05-15 02:42Group 1: Company Overview and Strategy - The company aims to become a leading international automotive parts manufacturer, focusing on integrity, practicality, and innovation [1][3] - The company has a goal of creating a century-old factory and a world-renowned brand [1][3] Group 2: Financial Performance and Market Position - As of Q1 2024, the company achieved a revenue of 1.022 billion, representing a year-on-year growth of 16.16% [7] - The company's foreign sales accounted for 3.06% of total revenue in 2023 [3][4] Group 3: Investor Relations and Communication - The company emphasizes the importance of communication with investors and aims to improve interaction through various platforms [4][6] - The company has participated in a collective earnings briefing with nearly 80 companies, highlighting its commitment to investor engagement [6][7] Group 4: Product Development and Innovation - The company has developed a hub motor low chassis invention patent, integrating braking and driving functions [3][4] - The company is actively promoting its new products and technologies to potential clients, including major automotive manufacturers [4][6] Group 5: Challenges and Market Outlook - The company faces challenges in market expansion and is working to enhance its competitiveness and profitability [7][8] - The management is focused on long-term development and aims to improve overall business performance despite market fluctuations [7][8]