CIMC Vehicle's Financial Report for the Third Quarter of 2024: Revenue Reached 5.12 Billion yuan, Actively Exploring the Way to Break the Situation of New Quality Productivity
October 25, 2024
October twenty fifth，The world's leading high-end manufacturer of semi-trailers and special Vehicles、The Pioneer of High Quality Development of China's Road Transport Equipment、CIMC Vehicle, an Explorer and Innovator in the Field of New Energy Special Vehicles in China（301039.SZ）Released the third quarter financial report of 2024.。2024 1-September，CIMC Vehicles sells a total of 94 vehicles worldwide,749 vehicles/Table set，Achieve operating income of 158.2.3 billion yuan，Net profit attributable to shareholders of listed companies amounted to 8.4.3 billion yuan，Net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses amounted to 8..1.8 billion yuan。
One Each business or group builds a stable core，Deepen the promotion“Star Chain Project”
The first three quarters of 2024，Domestic Market Policies Help Steady Economic Development，High quality development is accelerating，However, the commercial vehicle industry is facing pressure due to weakening demand.。At the same time, there are many uncertainties in the international environment、Economic growth momentum is weak.。In this context，The company fully implements the core strategic measures under the third venture.，According to the connotation requirement of new quality productivity，Deepening“Star Chain Project”，Focus on the structural reform of domestic semi-trailer production organization，Improve the management process of trans-ocean operation，Greatly improve the efficiency of transoceanic operations。According to《Global Trailer》Newly released《Global Semi-Trailer 2024OEMRanking list》，CIMC is the number one semi-trailer manufacturer in the world.。
Look at it in detail，Star Chain Lighthouse Pioneer Group continues to deepen “Star Chain Project”，It is reshaping the business model and organizational form of semi-trailer production and sales according to the standards of new quality productivity.，Maximize the capacity of efficient production lines，Improve product delivery，Seize market share。Under the background of continuous pressure on the domestic semi-trailer market，“Star Chain Project”Iterated the business organization，Upgrading the scope of use of the digital system，Actively explore the business extension of productive services，Continuous optimization of dealer quality，Complete Zhumadian and YangzhouLTPThe central star chain production line was upgraded and put into use.。2024 7-September，Sales of Star Chain Lighthouse Pioneer Group increased by 20% against the trend.14%，Revenue increased by 21% year-on-year.18%，Gross profit margin increased significantly on a month-on-month basis.。Launch of Qiangguan Business Group“Qiangguan Xiongqi Plan”，With“Start halfway up the mountain”The way，By adopting“Star Chain Project”Tools and methods，Start the structural reform of tank car production organization“Xiongqi Plan”。At the same time，Qiangguan Business Group participated in the formulation《Tank-type vehicle for road transport of edible oil》Enterprise Standard，For the health of the tanker transport industry、Lay a solid foundation for sustainable development。North American business，The company resumed the operation and delivery of container skeleton vehicles.，Continuously promote the iterative upgrade of governance structure，Actively explore the new development pattern of the global supply chain of refrigerated semi-trailers in North America。At《Global Trailer》Announced《Global Semi-Trailer 2024OEMRanking list》Medium，North American operationsVanguard GlobalClose to 2.The production of 350000 vehicles ranked eleventh in the world.，Ranked sixth in North American market，It further demonstrates the advantages of the company's transoceanic operation.。European and other businesses leverage global supply chain management，Continuous improvement LoM Manufacturing plant layout，Optimize product lead times，Actively explore new markets，Business in Australia continues to grow。Continuous practice of special vehicle loading business “The Midway Project”，Restructure the production system，Deepening the layout of new energy，Bring forth new products through the old。The first three quarters of 2024，Sales of special purpose vehicle toppings increased by 38% year-on-year.64%，Revenue increased by 25% year-on-year.09%，Achieve break-even。
OneActively Explore the Way to Break the Situation of New Quality Productivity，Effectively promote high-quality development
Enter the fourth quarter of 2024，CIMC Vehicle will firmly grasp the core of new quality productivity.，Continue to deepen“Star Chain Project”，Promote the completion of goals and key tasks，Continue to improve gross profit margin，Create a better product、Faster delivery、Better customer experience。Qiangguan Business Group will continue to push forward“Qiangguan Xiongqi Plan”， Actively promote product modularization，And explore overseas markets.，Incubate innovative business。North American business will continue to promote the transformation and upgrading of governance structure.，Build“New Quality Productivity”A new pattern of development，Enhance development resilience。European and other businesses will take advantage of global supply chain，PerfectLoMManufacturing plant layout，And that production efficiency is improve。The special vehicle loading business will continue to maintain the leading position in the segment market.，Focus on cost reduction and efficiency enhancement。At the same time，The company will explore productive services with a proactive attitude.，Enriching business forms，Access to a wider range of productive services income。
Under the third entrepreneurial journey，CIMC Vehicle will actively explore ways to create new quality productivity.，Change in the spirit of an entrepreneur，Through innovative science and technology、Innovating the way of resource allocation、Innovation of production organization form and business model，Create new advanced productive forces。And will rely on advanced new quality productivity.，Sustained development of complex transoceanic operations，Create a new competitive advantage，Create more profitable returns for shareholders。
