SENSSUN(SZ:002870)2023-04-20 09:14Group 1: Financial Performance - The company's net profit has significantly increased from CNY 72.11 million in 2020 to CNY 156 million in 2022, representing a cumulative growth of 117% [3] - The net profit margins for 2021 and 2022, after excluding the impact of restructuring, were approximately 4.21% and 5.91%, respectively, indicating an upward trend [3] - The company’s consolidated net profit for 2021-2022 was affected by accounting treatments related to performance commitments during the restructuring period [3] Group 2: Stock Performance and Market Conditions - The fluctuation in stock price is influenced by various factors including market conditions, industry trends, and international dynamics, and does not accurately reflect the company's investment value [4][7] - The company maintains stable operations and order levels, with no undisclosed significant information affecting its stock performance [4][7] Group 3: Business Operations and Strategy - The automotive parts business includes smart cockpit components and new energy vehicle accessories, with a strong order intake in Q1 2023 [6] - The company plans to expand its operations in the U.S. and Europe while building destination charging stations in East and South China [8] - The expansion of the Mexican factory is expected to increase annual production capacity to CNY 1 billion, enhancing overseas capacity to CNY 3.5 billion to support new energy business growth [9] Group 4: Goodwill and Acquisitions - The company will reassess goodwill annually based on accounting standards, and as of the end of 2022, there were no indications of impairment related to the acquisition of Junsheng Group [5] - The acquisition of the remaining shares of Junsheng Group is a key strategic move, with plans to choose the best approach based on future development and market conditions [9]