KEBODA(603786) 上海证券报·2025-04-25 00:11Core Viewpoint - The company, Kebo Da Technology Co., Ltd., reported significant growth in revenue and net profit for the year 2024, alongside a proposed cash dividend distribution plan for shareholders [12][17][20]. Company Overview - Kebo Da operates primarily in the automotive industry, focusing on the development and supply of electronic control systems [3][7]. - The company has established a procurement model that includes pre-production and post-production purchasing, ensuring quality and cost control [7][8]. Financial Performance - In 2024, the company achieved a revenue of 596.79 million yuan, representing a year-on-year increase of 29.03% [12]. - The net profit attributable to shareholders reached 77.23 million yuan, up by 26.81% compared to the previous year [12]. - Total assets increased by 12.33% to 713.93 million yuan, while net assets grew by 12.50% to 524.11 million yuan [12]. Product Sales - The company's main products, including lighting control systems and motor control systems, saw substantial sales growth, with the energy management system experiencing a remarkable increase of 92.93% [12][17]. - Domestic sales accounted for 383.92 million yuan, a 26.48% increase, while international sales reached 192.13 million yuan, growing by 32.14% [12]. Industry Context - The automotive industry in China is undergoing a transformation, with a focus on high-quality development and the rapid growth of new energy vehicles, which saw production and sales surpassing 10 million units for the first time [3][5]. - The automotive parts sector is evolving, with suppliers needing to innovate and adapt to new technologies and business models to remain competitive [4][5]. Dividend Distribution Plan - The proposed profit distribution plan for 2024 includes a cash dividend of 0.65 yuan per share, amounting to a total of approximately 262.53 million yuan [14][17]. - The dividend distribution is subject to approval at the upcoming annual shareholders' meeting [15][19].