APALT(SZ:002540)2023-09-13 08:41Group 1: Company Performance - In the first half of 2023, the company achieved operating revenue of approximately 3,020,189,094.64 RMB, a year-on-year increase of 24.17% [2] - The net profit for the same period was 423,442,541.66 RMB, reflecting a significant increase compared to the previous year [2] - The cash flow from operating activities saw a remarkable increase of 2,845.19% [2] Group 2: Market Trends and Opportunities - The automotive industry is evolving towards higher efficiency, cleanliness, and intelligence, with significant opportunities in thermal management systems for electric vehicles [3] - The demand for lightweight materials and components is increasing due to the shift towards electric vehicles, which require more complex thermal management systems [3] - The company has established partnerships with major clients in the automotive thermal management sector, including Denso, Mahle, and Valeo, securing a leading market share [3] Group 3: Product Development and Investment - The company is progressing with projects to produce 200,000 sets of high-strength aluminum system components for electric vehicles and 12 million lightweight aluminum parts annually [4] - Investments in green aluminum projects aim to enhance the company's sustainability and align with national strategies for energy efficiency and environmental protection [4] - The company plans to utilize funds from its convertible bonds to support these projects, with a total investment of 150 million RMB for the high-end aluminum materials project [4] Group 4: Profit Distribution - For the fiscal year 2022, the company distributed cash dividends of 2.50 RMB per 10 shares, totaling 305,533,077.25 RMB [5] - For the first half of 2023, the company plans to distribute 1.60 RMB per 10 shares, amounting to 195,541,169.44 RMB [5] Group 5: Future Development Strategy - The company aims to capture opportunities in high-end aluminum applications across various industries, including automotive and aerospace, with a target of achieving 600,000 tons of high-performance aluminum production capacity in the next three to five years [5] - Emphasis will be placed on technological innovation, optimizing product structure, and enhancing core competitiveness to meet sustainable development goals [5]