China Securities News (Wang Luo) Junpu Intelligence released its third quarterly report on the evening of October 27. The company achieved sales of 1.35 billion yuan in the first three quarters of 2022, with a gross profit margin that increased by 3.93 percentage points compared with the same period last year, and the gross profit margin continued to increase. In the third quarter, the company’s revenue increased by 10.1% year-on-year, and the net profit attributable to the parent increased by 59% year-on-year, in line with growth expectations. According to the financial report, the company’s total orders on hand at the end of the period were about 3.5 billion yuan, a year-on-year increase of 25% and a record high; new orders were 2.13 billion yuan, an increase of 22% over the same period last year.
”Gross profit continued to increase in the first three quarters, benefiting from the company’s continued focus on new energy smart vehicles, healthcare, and industrial digital services.” Zhou Xingyou, chairman of Junpu Intelligent, said that at present, the company’s “global synergy, dual-wheel drive at home and abroad” The effect of strategic layout advantage has emerged. “While grasping the strong demand in China’s new energy market, the company will leverage its global layout and synergy advantages, as well as years of long-term cooperative relationships with customers in the automotive field, to keep up with the development trend of new European and American car manufacturers and the electrification transformation of traditional OEMs.”
Previously, Junpu Intelligent officially announced that the company has reached a high-performance electric drive cooperation of over 100 million yuan with the German auto giant that has cooperated for more than 30 years. It is understood that during the reporting period, the company once again received new orders for the new generation of in-wheel motor stator assembly and electric drive assembly from the German customer’s electric drive technology company, successfully reached the second stage of cooperation, and is simultaneously negotiating the third stage based on new technologies. The third hub motor copy line.
It is understood that in the field of electric drive systems for new energy vehicles, Junpu Intelligent has profound technical accumulation, rich project experience in the automotive field and long-term cooperative customer relationships. Most of its cooperative customers are world-renowned car companies, such as Mercedes-Benz EQC, Renault, Fiat 500E and Jaguar I-PACE. Junpu Intelligent successfully delivered BMW’s ultra-large-scale new-generation electric drive system automatic assembly line in June this year, which was applied to BMW’s full range of electric passenger vehicles in China. “BMW has further added orders for the replication line, and the delivery is expected to be completed in the first half of next year.” An insider of Junpu Intelligent revealed.
The company said that based on the current abundant orders in hand, the current project is progressing smoothly, the sales revenue in the fourth quarter is strong, and it is expected to successfully complete the sales target for this year. At the same time, the company will continue to increase investment in research and development of intelligent manufacturing equipment and industrial digital software, integrate customer resources, expand industry applications, deepen supply chain optimization measures such as the most cost-effective countries, and leverage global collaboration to further develop standardized business and shorten research and development. cycle, and improve the overall business profit margin.