Rednet News, April 26th (Reporter Yu Xiangyang) On April 26th, Taijia Corporation disclosed its 2024 annual report. During the reporting period, the company achieved a revenue of 1.731 billion yuan and a net profit attributable to the parent company of 50.4193 million yuan.
Faced with the complex economic situation both domestically and internationally, Taijia Corporation will actively respond to market changes in 2024, promote the steady development of its dual main businesses of "sawing+power supply", maintain stable revenue scale, and steadily improve competitiveness.
The company plans to implement a cash dividend plan of 10 distributions of 1 yuan (including tax), with a total dividend of approximately 25.1738 million yuan.
Since entering the consumer electronics power supply field through mergers and acquisitions in September 2022, Taijia Corporation has continued to increase its research and development investment in the power supply field. This has not only effectively expanded the company's ODM order scale from the consumer electronics industry, but also rapidly developed high-power power supply businesses, including new energy intelligent photovoltaic/energy storage power supplies, data center power supplies, site energy power supplies, and other new business categories, all of which have achieved mass production.
According to the annual report, in 2024, Taijia Corporation's power supply business achieved a revenue of 1.062 billion yuan.
Among them, the market development of high-power power supply business was smooth, with a revenue of 176 million yuan within the year, a year-on-year increase of 30.08%.
At present, the company's high-power power supply business related production lines are still in the stage of capacity ramp up and efficiency improvement. With the release of production capacity, the company's power supply business related revenue is expected to further increase, and its profitability will continue to strengthen.
In the field of consumer electronics power supply, the controlling subsidiary, Luoding Yada, has nearly 30 years of industry experience and accumulation, with high industry awareness and prominent brand advantages, making it one of the leading enterprises in China's power supply industry
Against the backdrop of accelerated popularization of AI applications and continued implementation of consumer subsidy policies, the consumer electronics industry is expected to continue its recovery momentum, thereby driving the growth of the company's consumer electronics power supply business.
Taijia Corporation stated that in the future, the company's consumer power supply business will strengthen its ODM capabilities, continue to consolidate and enhance the market share of existing major customers, and actively explore other internationally renowned brand customer businesses, enrich product categories, and improve profitability. At the same time, the company will focus on investing in high-power power supply business, increase related research and development investment, promote the landing of component level power electronics product research and development, and actively explore other new customer markets.