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The net profit of Hengshuai shares increased by 38% in 2023Newslots.87% plans to pay out 4 yuan per 10 shares. On the evening of April 24, Hengshuai shares (300969) disclosed its 2023 financial results, showing that the company achieved operating income of 9% in 2023.Newslots.23 billion yuan, an increase of 24.99% over the same period last yearNewslotsRealize the net belonging to the shareholders of the listed company.

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The net profit of Hengshuai shares increased by 38.87% in 2023. It is planned to pay out 4 yuan per 10 shares. On the evening of April 24, Hengshuai shares (300969) disclosed that the 2023 financial results showed that the company achieved operating income of 923 million yuan in 2023, an increase of 24.99% over the same period last year. The net profit belonging to shareholders of listed companies was 202 million yuan, an increase of 38.87% over the same period last year. At the same time, the company disclosed the annual profit distribution plan for 2023 and planned to distribute a cash dividend of 4.00 yuan (including tax) to all shareholders for every 10 shares. Data show that Hengshuai shares are mainly engaged in the research and development, production and sales of products related to automotive motor technology and fluid technology. The company relies on the existing motor and fluid technology, the existing business planning layout into four major business units. In the field of motor technology, it is divided into motor business and electric module business; in the field of fluid technology, it is divided into driving vision cleaning system and thermal management system business. Among them, the motor business unit mainly includes trunk and side door motor, fan motor, ABS motor, drum motor and other products; electric module business unit mainly includes invisible door handle drive mechanism, charging door actuator and other products. In the motor business unit, many kinds of motor business of Hengshuai shares grew rapidly in 2023, with an income of 369 million yuan, an increase of 37.61% over the same period last year. In the business unit of electric module, the company has realized the product expansion of "motor + actuator" in the field of invisible door knob and charging door, and is expected to develop into more integrated system products in the future. and explore "1N1" product development opportunities in more application scenarios. In addition, Hengshuai continues to invest in the research and development of motor technology and new magnetic materials, and has recently made some technological breakthroughs in harmonic field motor technology and new magnetic material technology. At present, the company has cooperated with Lenze of Germany to develop drum motor products used in logistics system, and the follow-up company will continue to try to apply this motor technology to many other application scenarios such as automobile, industrial automation, humanoid robot and so on. It is reported that magnetic material is one of the core materials that determine the performance of the motor. in order to meet the special design requirements of harmonic magnetic field motor technology, Hengshuai has invested in multi-technical forces to develop matching magnetic materials. At present, the industrialization of the company's new magnetic materials is progressing smoothly, and a small batch pilot test line has been gradually set up, which is expected to be produced in small quantities in 2024 and used for mass production of drum motors and other industrial motor products. In terms of fluid technology products, Hengshuai's driving vision cleaning system business unit mainly includes car cleaning pumps, cleaning system products, intelligent vehicle Advanced driving Assistance system (ADAS) sensor active sensing cleaning system and other products; thermal management system business unit mainly includes new energy vehicle thermal management system cooling manifold, electronic circulation pump and other products. Hengshuai's financial report shows that in 2023, the total income of cleaning pump and cleaning system products reached 467 million yuan, an increase of 19.27% over the same period last year. Among them, in 2023, the company's active perception cleaning pump products have achieved a small batch of fixed points for some customers, and it is expected that more incremental models will enter the fixed point in 2024. It is reported that the active perception cleaning system belongs to the forward-looking layout of the company's products in the field of cleaning system, and it will have a good market prospect in the field of high-level self-driving in the future; the company's related products have carried out product road tests and system adaptation with many customer models, and with the accelerated landing of L3-level autopilot, the company's related products will be industrialized gradually. In the thermal management system business unit, Hengshuai already has the technical reserve of "electronic circulation pump, valve, manifold" and other products, among which cooling manifold products have been mass produced and the business growth rate is fast. The annual report shows that the business of Hengshuai shares has grown rapidly in 2023, and the company's existing production capacity has been fully utilized. It is estimated that the capacity utilization rate of the motor process in the company's core process in 2023 is 102.43%. At the same time, Hengshuai is currently promoting production capacity construction, includingNewslotsFund-raising project "annual output of 19.54 million automotive micromotors, cleaning and cooling system parts reconstruction and expansion project and R & D center expansion project", the equipment of this project is being continuously invested and has produced economic benefits one after another. fund-raising project "New Energy vehicle Micro Motor and Thermal Management system, Intelligent Sensing cleaning system parts production Base Construction Project", the factory building of this project has been completed and equipment is being purchased one after another. The company has built a new auto parts production base in Thailand, and the plant construction of the first phase of the project is expected to reach the scheduled state in the second quarter of 2024, and the equipment will be purchased and installed one after another; the company will build a new auto parts production base in the United States. It is expected that some of the designated projects will enter the mass production climbing cycle in 2024. In addition, Hengshuai revealed in its annual report its plan to "explore the industrial automation and humanoid robot industry and create the third growth curve". As a motor solution supplier, the company has the core R & D and industrialization capabilities of multi-category motors, as well as a wide range of customer reserves in the automotive industry and industrial automation, and has the natural advantage of developing humanoid robot motors. Among them, the harmonic field motor technology and new magnetic materials independently developed by the company have entered the industrialization expansion stage, with the ability to provide technical adaptation and physical sample delivery for customized needs. The company attaches great importance to the opportunity of the industrial chain of humanoid robots, by matching the harmonic magnetic field motor technology and the customized demand for the types of motors needed by humanoid robots (such as frameless torque motors, hollow cup motors, etc.), related industry opportunities are expected to open up a new incremental space for the company and become the company's third largest growth curve in the future. (Li Ping) proofread: Yao Yuan