Hoshion(002824)2024-05-15 10:56Financial Performance - Total assets reached 36.31 billion CNY, an increase of 19.40% year-on-year [1] - Net assets attributable to shareholders amounted to 16.76 billion CNY, a growth of 6.71% [1] - Operating revenue was 29.05 billion CNY, with net profit at 1.42 billion CNY [1] - Revenue from automotive parts was 19.33 billion CNY, accounting for 66.54% of total revenue [1] - Battery pallet shipments reached 543,700 sets [1] - Revenue from electronic consumer products was 5.44 billion CNY, representing 18.72% of total revenue [1] Dividend and Shareholder Returns - Proposed dividend of 1.9 CNY per 10 shares (before tax), pending approval at the 2023 annual shareholder meeting [1] Strategic Initiatives - The company aims to deepen cooperation with existing strategic clients and enhance customer satisfaction [2] - Plans to leverage "one-stop" service advantages to provide solutions for potential clients in the consumer electronics and new energy vehicle sectors [2] - Focus on increasing production capacity utilization and implementing cost-reduction management plans [2] ESG Practices and Achievements - Achieved a 15% reduction in wastewater discharge and a 13.06% decrease in comprehensive energy consumption per ten thousand CNY of industrial added value [2] - Green low-carbon aluminum procurement increased to 55% of total procurement, up 4.25% from 2022 [2] - Received SCS certification for product recycling, facilitating entry into overseas markets [2] - Sponsored local community events, enhancing social goodwill and recognition [2] Market Expansion and Competitiveness - Ongoing expansion projects in Guangdong, Anhui, Jiangsu, and Sichuan to enhance production capabilities [3] - Plans for potential overseas factory setups based on business development and client needs [3] - Core competencies include technological R&D, talent acquisition, and comprehensive supply chain advantages [3] - Over 190 domestic and international patents, contributing to a strong competitive edge [3] Customer Base and Industry Position - Serves leading manufacturers in the new energy and consumer electronics sectors, including CATL and BYD [4] - Established long-term partnerships with universities and research institutions to stay ahead of industry trends [4]