Orinko(688219)2023-10-26 10:26Financial Performance - Revenue for Q3 2023 reached 1,456,853,878.48 yuan, a year-on-year increase of 10.04% [3] - Net profit attributable to shareholders was 49,029,368.39 yuan, a year-on-year increase of 296.70% [3] - Net profit attributable to shareholders after deducting non-recurring gains and losses was 40,231,691.63 yuan, a year-on-year increase of 449.93% [3] Profit Growth Drivers - Profit growth was driven by expansion in new energy vehicles and consumer electronics markets, product structure optimization, and cost control [3] - The overall gross profit margin of the main business increased compared to the same period last year, with significant contributions from new energy vehicles and consumer electronics [4] Order and Market Performance - Current order situation is good, with stable order growth rate [3] - Deep cooperation with domestic new energy vehicle manufacturers and brands, including BYD, NIO, XPeng, Li Auto, Seres, NETA, Leapmotor, GAC Aion, Geely Zeekr, and Dongfeng Voyah [4] - Coverage of fuel vehicle customers includes SAIC Volkswagen, FAW Volkswagen, SAIC General Motors, Geely, GAC Honda, GAC Toyota, and Great Wall [4] Strategic Development - Adherence to the three main business lines: "moving upward, moving outward, and walking on two legs" [3] - Focus on core major customers, enhancing product capabilities, and providing stable quality and excellent performance products [4] - Accelerating international layout with the construction of the Thailand base, starting from Thailand [4] - Deepening layout in the new energy sector, with the lithium battery wet separator project as an entry point, continuously seeking, demonstrating, and laying out new projects to strengthen the layout and create a second growth curve [4] Thailand Base Progress - The Thailand base project is progressing smoothly, with the company disclosing the announcement of foreign investment in the Thailand base in November 2022 [5]