Rayhoo Motor Dies (002997.SZ) is expected to increase, with a net profit of 3.32 billion to 3.72 billion yuan in 2024, an increase of 64.14% to 83.92%.

Rayhoo Motor Dies (002997.SZ) issued its 2024 annual performance forecast, expecting a net profit attributable to shareholders of the listed company of 3.32 billion to 3.72 billion yuan for the full year, an increase of 64.14%-83.92% year-on-year. Reasons for the performance change: The company's comprehensive competitiveness in the automotive manufacturing equipment business continues to strengthen, with an order backlog of 3.419 billion yuan at the end of 2023, an increase of 12.84% from the end of 2022, leading to a corresponding increase in order delivery scale in 2024; at the same time, the business technological innovation and operational improvement brought about by the company's automation production line and Siasun Robot & Automation system have further enhanced the overall competitiveness and cost advantages, jointly promoting the company's performance growth.