Zhengzhou Coal Mining Machinery Group (00564) announced its mid-term performance in 2024, with operating revenue of approximately 18.943 billion yuan, a year-on-year growth of 4.02%; net profit attributable to shareholders of the listed company is approximately 2.1615 billion yuan, a year-on-year growth of 28.56%; non-recurring net profit is approximately 1.937 billion yuan, a year-on-year growth of 29.25%; basic earnings per share is 1.219 yuan.

During the reporting period, the company's coal mining machinery sector adjusted its marketing strategy in a situation where the industry faced downward pressure and increased market competition. It deepened the integrated marketing model, flexibly innovated sales methods, and made efforts to stabilize market share. International markets and sales of complete sets of products continued to improve, achieving new highs in sales revenue and profitability.

During the reporting period, the company's automotive parts sector closely followed market trends, optimized its business structure, continued to consolidate its advantages in core parts, made significant progress in new energy vehicle parts, and continued to improve its overall operational efficiency and profitability, providing strong support for the company's sustainable development.

Yaxin Automotive had excellent performance in the first half of 2024, with both operating revenue and net income reaching a record high. Yaxin Automotive's revenue from the passenger vehicle and new energy field shock absorber sealing business increased by 34% year-on-year. The main components of the air suspension system, battery cooling plates, and chassis components business successfully obtained customer orders, achieving a breakthrough from zero to one. Construction of capacity improvement projects and acceleration of digital upgrading of factories laid a solid foundation for business expansion and market share improvement.

Sonergy had a good performance in the first half of 2024, with a favorable growth trend in the 12V starter motor and 48V BRM business. The North American business grew rapidly, and the after-sales business developed smoothly. Accelerating the expansion of new energy-driven motor business, accumulating and breaking through key process technology areas, assisting in obtaining new projects, and obtaining multiple leading customer rotor projects. Successfully obtained new projects in the field of high-voltage relays. While expanding the market, steady progress is being made in the construction of new production capacity, and efforts are being made to develop forward-looking processes, laying a solid foundation for long-term development.