TJSMW(600577) 新浪财经·2025-03-26 06:26Group 1 - The company reported 2024 revenue, net profit attributable to shareholders, and net profit excluding non-recurring gains and losses of 22.323 billion, 562 million, and 512 million yuan respectively, with Q4 figures showing a year-on-year growth of 31%, 26%, and 21.2% [1] - The company achieved a comprehensive gross margin of 5.83%, a cost rate of 2.45%, and a net profit margin of 2.58%, indicating a strong performance that met expectations [1] - The company’s traditional business is stable, benefiting from the aluminum wire substitution trend, with a projected shipment of 353.6 thousand tons in 2024, a year-on-year increase of 13.78% [2] Group 2 - New businesses, such as silver-plated special wires, are beginning to scale up, with the subsidiary Hengfeng Special Wire expected to see a revenue and net profit growth of 42% and 31% respectively in 2024 [3] - The company holds an 18.27% stake in Shanghai Superconductor, which is positioned to benefit from the increasing demand for high-temperature superconducting materials due to advancements in nuclear fusion research [3] - The company maintains a competitive edge in the industry, with rapid development in new energy vehicle flat wires and special wire businesses benefiting from the growth of the AI industry [3]