According to the Zhitong Finance App, Shanghai Yanpu (605128.SH) announced that the company expects to achieve net profit attributable to shareholders of listed companies in 2023 of 92.35 million yuan to 96.46 million yuan. Compared with the same period last year, it is expected to increase 46.61 million yuan to 50.72 million yuan, an increase of 101.9%-110.9% over the previous year.
The company mainly produces car seat frame assemblies, precision stamping parts, and precision injection molded parts. The main reasons for the advance increase in 2023 performance are: 1. The company's strict cost control system and teamwork to ensure proper execution. 2. In 2023, the company began mass production of more new projects, the number of market orders was sufficient, the company's capacity utilization rate increased, and costs were reduced accordingly. 3. In 2023, the company continued to improve lean production and processes, continuously improve production efficiency, and reduce costs.