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The net profit of Cabe billion will increase by 18% in 2023.Multistrikevideopokermultiplayvideopoker49% plan to pay out 5 yuan for every 10 shares to increase 4 sharesMultistrikevideopokermultiplayvideopokerOn the evening of April 18, 300863, the company disclosed its financial results in 2023, showing that the company achieved an operating income of 3.452 billion yuan in 2023, an increase of 17.08% over the same period last year.

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The net profit of Ka Bei Yi increased by 18.49% in 2023. It is planned to increase the net profit of 5 yuan per 10 shares to 4 shares. On the evening of April 18, Ka Bei Yi (300863) disclosed that the company achieved operating income of 3.452 billion yuan in 2023, an increase of 17.08% over the same period last year. The net profit belonging to shareholders of listed companies was 166 million yuan, an increase of 18.49% over the same period last year. The company also disclosed the profit distribution plan, which intends to distribute a cash dividend of 5 yuan (including tax) to all shareholders for every 10 shares, and use the capital accumulation fund to increase 4 shares for every 10 shares to all shareholders. Cabe billion is a professional automotive cable manufacturer specializing in R & D, production and testing. According to the annual report, Cabe has entered the supply chain system of mainstream automobile manufacturers such as Volkswagen, BMW, Daimler-Mercedes-Benz, General Motors, Ford, Honda, Toyota, Nissan, Fiat-Chrysler, Volvo, Land Rover, Tesla, SAIC, FAW, GAC GROUP, Dongfeng Motor, Great Wall Motor, Chery, BYD, Geely, ideal and other mainstream automobile manufacturers. In the field of new energy vehicles, the company has entered the supply chain of BYD, Tesla, Geely, Mercedes-Benz, GM, Honda, Nissan, SAIC Chase, Xilai, ideal, United Motor, Xiaomi and other vehicle manufacturers, as well as the supply chain of new energy vehicles cooperated by Huawei. Capee said that in 2023, the company will firmly grasp the market opportunities of the sustained development of the automobile market and the automotive cable market, continue to expand customers and increase sales, and the market share of the company's products will continue to increase. Among them, with the promotion of new energy vehicles and the improvement of the intelligent level of vehicles, the automotive industry has increased the demand for new energy cables and data cables. In terms of the data cable sector alone, the data cable business segment of Capi billion achieved revenue of 9.3708 million yuan in 2023, an increase of 42.85% over the same period last year. According to reports, automotive data cables are mainly used to transmit electronic data information. With the popularity of automobile intelligence, data cable products can be widely used in displays, cameras, ultrasonic radar, millimeter wave radar, Ethernet transmission and so on. Capee said in the annual report that the company insists on being led by technological innovation, attaches great importance to the research and development of automotive cables, closely follows the development trend of the downstream automobile industry, and actively distributes the market for high-voltage cables and intelligent network-connected automotive cables for new energy vehicles. In terms of the technology development plan, Cabie stressed that it will speed up the development of new products and promote them to customers in a timely manner, and strive to lead the industry in special cable business, such as data cables, aluminum cables, new energy high-voltage cables, and so on. In terms of market development, Ka Bei said that while the company will continue to consolidate and enhance its product quality and technological advantages to maintain its sales share to existing major customers, it will actively expand potential customers in the field of new energy vehicles and intelligent Internet connected automobiles, so as to continue to expand the company's market share and industry influence. At the same time, Cabe billion continues to expand its leading edge in the field of main business, and the capacity layout disclosed by the company shows that Benxi Cabe billion's "New Energy Automobile Cable production Line Construction Project" has officially entered the stage of reaching production. Hubei Cabe billion's "Hubei Cabe billion production Base Project" has basically completed construction and entered the trial production stage. The company's "Ninghai Automotive Cable expansion Project" and the "Automotive Cable Insulation material Reconstruction and expansion Project" of Kabei New material have entered the construction stage of the plant. In addition, the company plans to invest in building a new production base in Mexico. Capee proposed that the company's domestic production base will greatly increase its production capacity and expand the new business of various automobile industry clusters; the company will actively promote the construction of a production base in Mexico and further expand overseas markets. It is worth mentioning that at the request of downstream customers, according to the needs of the international market, and after careful consideration and thorough investigation, Cabe made the decision to invest in the construction of a production base in Mexico. The company expects to go abroad and open up the global market, which will bring higher gross profit margin and capacity utilization. (Li Ping) proofread: Li Lingfeng