LZJT(300428)2022-10-27 10:28Financial Performance - In the first three quarters of 2022, the company achieved an operating revenue of 15.98 billion yuan, representing a year-on-year growth of 21.95% [2] - The net profit attributable to shareholders, after deducting stock option incentive expenses, was 483 million yuan, an increase of 43.53% compared to the same period last year [2] - The functional intermediate alloy and aluminum alloy wheel sectors both reported strong performance, contributing to the overall revenue growth [2] New Energy Sector - The company has been involved in aluminum alloy and lightweight products for nearly 40 years, focusing on applications in new energy vehicles [3] - It has become a supplier of cast aluminum alloy materials for several new energy vehicle manufacturers, including NIO, Xiaopeng, and BYD [3] - The company's aluminum alloy wheels have been supplied to multiple new energy vehicle companies, enhancing its market presence [3] Market Development of Non-Heat Treatment Alloys - The non-heat treatment alloy materials have shown excellent performance, balancing high strength, toughness, and cost advantages [4] - The company has established strategic partnerships for the development of materials for large integrated cast body components in new energy vehicles [4] - The production capacity for non-heat treatment alloys is planned to meet the increasing market demand, with expectations for rapid growth in 2023 and a market explosion from 2024 to 2026 [4] Recycling and Sustainability - The company is actively promoting the recycling and utilization of recycled aluminum materials, aligning with national carbon neutrality goals [5] - A special team has been formed to enhance procurement opportunities and reduce costs through strategic market analysis [5] - The company aims to increase the proportion of recycled aluminum in its products, continuously reducing costs and carbon emissions [5]