万安科技(002590) - 002590万安科技投资者关系管理信息20250521

Revenue and Profitability - In 2024, the company achieved a revenue of 433,587.66 million CNY, representing an 8.87% year-on-year growth [3] - The net profit attributable to shareholders decreased by 33.90% to 21,124.02 million CNY, primarily due to lower investment income compared to 2023 [3] - The net profit excluding non-recurring gains and losses increased by 98.62% to 16,606.86 million CNY [3] Market and Business Strategy - The company’s main revenue sources include pneumatic brake systems, hydraulic brake systems, clutch control systems, cast iron parts, subframes, and steering systems [2] - Exports to the U.S. account for a low percentage of total sales, with the majority of foreign sales targeting Asia, South America, North America, and Europe [2] - The company is actively expanding its partnerships with new energy vehicle manufacturers such as Xiaomi and NIO, while also deepening cooperation with traditional automakers [3] Research and Development - The company allocated 169 million CNY for R&D in 2024 [5] - The gross profit margin for subframe products in 2024 was 15.02%, an increase of 1.59 percentage points year-on-year [5] - The company is involved in the development of advanced driver-assistance systems (ADAS) and has begun receiving small orders for Automatic Emergency Braking Systems (AEBS) [6][7] International Expansion - In 2024, overseas revenue accounted for 10.54% of total revenue, with plans to further expand international markets [5] - The company has established overseas subsidiaries in Mexico and Morocco, with progress being made according to schedule [5] Employee and Corporate Structure - As of the end of 2024, the company employed 4,245 people, with 503 in the R&D department [6] - The number of shareholders as of May 10, 2025, was 51,766 [5]