on Zhejiang Shuanghuan Driveline Co.Ltd(002472) 7, the first quarter performance forecast was released. It is estimated that the company’s net profit attributable to shareholders of Listed Companies in the first quarter of 2022 will be 105125 million yuan, with a year-on-year increase of 98.19% – 135.94%. The net profit after deducting non recurring profits and losses was 95 million yuan to 115 million yuan, with a year-on-year increase of 117.43% – 163.20%. The basic earnings per share is 0.14 yuan / share – 0.16 yuan / share.
According to the announcement, the main reason for the performance growth during the reporting period is that the company has arranged its own product upgrading in advance by virtue of its many years of cooperation experience with customers outside China on high-quality transmission parts, and has an advantage in the design and processing capacity of “high-speed and low-noise” high-end products, so that the company can quickly grasp the market opportunity of industrial transformation and upgrading, Carry out in-depth cooperative development with new energy vehicle manufacturers. The production and sales of customers developed by the company in the field of new energy vehicles, such as the world’s leading electric vehicle manufacturer, Byd Company Limited(002594) , GAC, electric power production, Schaeffler, Huichuan, BorgWarner and Weibang, have climbed rapidly, actively promoting the business development of the company. With the increasing penetration of new energy vehicles, The company’s related businesses are expected to grow further.
Zhejiang Shuanghuan Driveline Co.Ltd(002472) while increasing efforts to expand the market and develop high-quality projects, actively promote cost reduction and efficiency improvement, independent innovation, continuously improve the quality of internal operation and management, realize competitive advantages in quality, delivery and cost, and promote steady growth of performance.
