PONY(300887)2024-04-30 08:37Financial Performance - In 2023, the company achieved operating revenue of 2.468 billion yuan and a net profit attributable to shareholders of 108 million yuan [2] - The net cash flow from operating activities was 328 million yuan [2] - In Q1 2024, the company reported operating revenue of 334 million yuan [2] Business Development - The company focused on inspection and testing, leveraging technology for high-quality development [2] - Significant investments were made in biomedicine, new energy vehicles, and special industry testing, which require time for market expansion [2] - The company plans to continue cost reduction and efficiency improvement measures to enhance operational efficiency and management levels [2] Industry Positioning - The automotive testing business showed steady growth in 2023 and continued in Q1 2024, supported by multiple qualifications and participation in national standards formulation [2][3] - The company has established partnerships with over 60 automotive brands and new car manufacturers [3] Future Plans - The company aims to enhance its biomedicine CRO/CDMO business and accelerate investment in medical device testing [2] - The Shanghai laboratory for new energy and energy storage batteries was officially put into operation in November 2023, equipped with advanced testing facilities [3] - The company is cautious about future capital expenditures, considering capacity utilization and industry mergers [4] Cost Management - The company is building an information system for transparent and efficient operations and is exploring artificial intelligence for future efficiency gains [4] - Emphasis is placed on improving profit margins and cash flow through refined cost management [4]