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Weifu Hi-Tech Q1 achieved operating income of 4.343 billion yuan, down 7.6% year-on-year

Weifu Hi-Tech Q1 achieved operating income of 4.343 billion yuan, down 7.6% year-on-year

Jiwei Network News (Wen/Lin Xueying) On April 26, Weifu Hi-Tech released a first-quarter performance report saying that during the reporting period, the company achieved operating income of 4.343 billion yuan, down 7.6% year-on-year; net profit attributable to the mother was 73,600 yuan, down 14.52% year-on-year.

Weifu Hi-Tech Q1 achieved operating income of 4.343 billion yuan, down 7.6% year-on-year

Weifu Hi-Tech said that the decline in profit in the first quarter was mainly due to the increase in procurement in the reporting period.

According to public information, Weifu Hi-Tech is a company focusing on the manufacture of internal combustion engine fuel system products, fuel system testing instruments and equipment, the main products are the production of internal combustion engine fuel system products, the manufacture of fuel system testing instruments and equipment and other businesses. After more than 60 years of hard work, the company has become a backbone enterprise of core components of domestic automobile (power engineering), and 80% of the products of the core business of existing auto parts are matched with the electronic control system and realize electronic control, and are in a leading position in the independent brand.

In terms of efficient internal combustion power products, Weifu Hi-Tech GP electronically controlled fuel system project completed product C sample development, CB6-25 completed B sample development, and integrated electronically controlled VE pump realized the T4 announcement of multiple engines. The six-cylinder supercharger completed the performance stereotyping of multiple customers' multiple models and realized the small batch supply of multiple China VI diesel engine superchargers; the four-cylinder gasoline supercharger completed the PPAP of multiple customer projects, and successfully obtained a variety of new China VI projects with 2.5L displacement in key markets. The post-processing system completed the development of sample A of light diesel platform product and the sample development of heavy diesel platform product B; completed the conversion of reprocessing products of multiple key customers.

In terms of hydrogen energy and intelligent network products, Weifu Gaoke platinum carbon catalyst completed the construction of the incubation line, the platinum alloy catalyst completed the process design of the main equipment of the incubation line, the membrane electrode prepared by the water-based catalyst ink formula reached the industry-leading level, the gas diffusion layer completed the B sample test verification prepared by the microporous layer, and the metal single battery completed the A sample test. The 35MPa high-pressure valve completed A sample development and B sample trial production; the low-pressure hydrogen subsystem completed the small batch production of four low-pressure valves, the air bearing completed a full set of manufacturing process optimization; and the electronic water pump and electronic thermostat completed A sample development and B sample design. Medium-range radar and security radar completed the development of A samples, in-cabin radar completed prototype sample design, and 4D millimeter wave radar completed the first prototype prototype production and delivery.

(Proofreading/Andy)

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