UE(603600) 证券时报网·2025-04-25 02:47Core Insights - The company, Yongyi Co., Ltd. (603600), reported significant revenue growth in 2024, achieving 4.749 billion yuan, a year-on-year increase of 34.22%, and a net profit of 293 million yuan, up 40.07% [1] - In Q1 2025, the company continued its growth trajectory with revenues of 1.010 billion yuan, a 17.93% increase, and a net profit of 58 million yuan, up 34.81% [1] - The company's performance is attributed to continuous technological innovation, global expansion, and digital transformation, laying a solid foundation for future growth [1][4] Technological Innovation and Product Optimization - Yongyi Co., Ltd. focuses on the health furniture sector, with key products including ergonomic office chairs, sofas, massage chairs, and electric height-adjustable desks [2] - The office chair segment generated 3.416 billion yuan in revenue in 2024, reflecting a 33.54% increase, despite a slight decline in gross margin to 25.10% [2] - The company invested 162 million yuan in R&D in 2024, a 31.55% increase, and launched the flagship product FLOW 360, which received multiple international design awards [2] Globalization and Brand Development - The company has established manufacturing bases in China, Vietnam, and Romania, supporting its global production capacity [3] - Yongyi Co., Ltd. expanded its market presence through online and offline channels, exporting products to over 80 countries and regions [3] - In the domestic market, the company enhanced its brand through major e-commerce platforms and live streaming, establishing a strong brand image [3] Digital Transformation and Smart Advancement - In 2024, the company accelerated its digital transformation by implementing ERP, CRM, SRM, and MES systems for data sharing and refined management [4] - The company improved operational efficiency by advancing automation in manufacturing and applying AI and RPA technologies in various business areas [4] - Yongyi Co., Ltd. aims to maintain competitiveness and promote sustainable business development as it progresses towards becoming a global leader in health seating systems [4]