HGTECH(000988) 证券日报·2025-04-16 16:44Core Viewpoint - In 2024, Huagong Technology achieved significant growth with a revenue of 11.709 billion yuan, a year-on-year increase of 13.57%, and a net profit attributable to the parent company of 1.221 billion yuan, up 21.17% [1] Group 1: Financial Performance - The company expects to continue its growth trajectory in Q1 2025, projecting a net profit of 390 million to 440 million yuan [1] - R&D expenses for 2024 reached 878 million yuan, reflecting a 15.28% increase, primarily focused on hardware development and product upgrades [2] Group 2: Business Segments - The high-end optical module business generated revenue of 3.975 billion yuan, marking a 23.75% year-on-year growth, driven by demand in both domestic and international markets [2] - The company is actively penetrating the photovoltaic energy storage and power battery application sectors, with significant growth in the PTC thermal management system for new energy vehicles [1][2] Group 3: Future Growth Drivers - Future growth is anticipated from the expansion in 3C, semiconductor, and hydrogen energy industries, alongside opportunities in AI mobile phones and micro-laser additive manufacturing [2] - The company is focusing on the development of next-generation ultra-high-speed optical modules and is in the process of constructing a photonic information industry innovation park [3]