onlinevideopoker| New energy business steadily improved Suilian shares 'revenue and net profit increased in the first quarter

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Steady improvement of new energy business Shuanlian shares in the first quarter revenue and net profit double increase Securities Times NewsOnlinevideopokerRetroactive shares (301397) released the first quarter 2024 results report, the company achieved operating income 2Onlinevideopoker31 billion yuan, an increase of 4% over the same period last yearOnlinevideopoker.16%OnlinevideopokerThe net profit is 32.5117 million yuan, an increase of 6.30% over the same period last year.

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New energy business steadily improved Lianlian shares' revenue and net profit increased in the first quarter of 2024. Traceable shares (301397) released the first quarter 2024 results report, the company achieved operating income of 231 million yuan, an increase of 4.16% over the same period last year. The net profit of returning home was 32.5117 million yuan, up 6.30% over the same period last year. The net profit after deducting non-profit was 30.9263 million yuan, an increase of 2.27% over the same period last year. According to the previously disclosed annual report, the company achieved operating income of 1.011 billion yuan last year, an increase of 19% over the same period last year; net profit of 151 million yuan, basically the same as the same period last year; and earnings per share of 1.72 yuan. The profit distribution plan in 2023 will increase the cash dividend of 10 yuan (including tax) to 2 shares for every 10 shares. The report shows that Yuanlian started with fuel vehicle business, and the company actively laid out new energy vehicle business and related technology, and successively obtained orders from new energy vehicle head customers such as BYD and Ningde era and put them into mass production. In 2023, the company's new energy vehicle business revenue was 435 million yuan, an increase of 28.32% over the same period last year, accounting for 43.05%. As the TIER1 of the automobile industry, the company has obtained the supplier certification of the new power customers of car building, including ideal and Hezhong, and the joint venture customers such as Dongfeng Nissan; as the TIER2 of the automobile industry, it has obtained the supplier system certification including Japan's leading pipeline system supplier Sanying, global head automotive technology supplier Bosch Group and car fuel tank supplier Ying Ruijie, and has completed the customer layout of the company's top three fuel tank enterprises in the world. As a supplier of non-automotive liquid cooling and thermal management systems, it has completed the formal audit of the domestic head energy storage system integrator Hyboschuang and Zairi Energy, and turned to the stage of comprehensive business cooperation. In addition, the company has actively explored energy storage battery thermal management, hydrogen energy fuel cell and other fields, completed the product development of a series of control components, and the preliminary establishment of product technical standards. Making use of its advantages in the application of lightweight materials and production technology, a series of independently sold fasteners, connectors, fluid control parts, panels, structural components and other products have been developed. it is widely used in car body, fuel tank, electrical system, battery package and motor shell, liquid cooling plate and so on. In terms of factory construction, the company completed the main production capacity construction of the investment factory and the factory audit of the corresponding customers in 2023, and completed the internal transformation and decoration of the Liyang transition factory. A series of expansion modifications were carried out on the original self-owned factory and the injection molding and assembly workshop of Shoulian shares, increasing the effective production area and production capacity. The completion of the above measures and their follow-up work is expected to increase production capacity by more than 30% in 2024 compared with the same period last year. Shulian shares said that it will further increase investment in capital, research and development, and manpower, and continue to promote the construction of fund-raising projects. On the basis of close cooperation with existing well-known automobile manufacturers and excellent auto parts manufacturers, further optimize product structure, enrich product categories, improve the level of product technology research and development, improve the level of quality control, and expand customer groups and increase market share through accurate market positioning. (Zheng Yuchuan) proofread: Zhu Tianting