LONGLI(300752)2025-01-23 10:12Group 1: Financial Performance Forecast - The company forecasts a net profit attributable to shareholders for 2024 in the range of 100 million to 120 million CNY, representing a year-on-year growth of 118.94% to 162.73% [2] - The net profit, excluding non-recurring gains and losses, is projected to be between 85 million and 110 million CNY, indicating a year-on-year growth of 1638.21% to 2149.44% [2] Group 2: Factors Driving Performance Growth - The performance increase is primarily attributed to the optimization of product structure, with a growing proportion of smart cockpits and large-size products [3] - The penetration rate of the new energy vehicle industry continues to rise, leading to rapid growth in vehicle-mounted business revenue [3] - The consumer electronics market is gradually recovering, contributing to the recovery of the company's consumer electronics business [3] - The company is focused on cost reduction and efficiency improvement, enhancing capital utilization and profitability [3] Group 3: Market Outlook for Mini-LED Technology - The market outlook for Mini-LED technology in the vehicle display sector is promising, driven by trends towards intelligent, large, multi-screen, high-definition, and interactive displays [3] - The number of displays per vehicle and the size of individual screens are significantly increasing, indicating a broad market potential for vehicle-mounted displays [3] - As a leading enterprise in Mini-LED vehicle backlight display technology, the company holds significant advantages in technology reserves, patent rights, and mass production capabilities, suggesting further performance improvement in the vehicle display sector [3]