Sunlord's 2024 profit surges, outlines strategy, approves capital allocation

Shenzhen Sunlord Electronics (SZSE: 002138) announced a robust financial performance for 2024, with revenue climbing to RMB 5.90 billion and net profit soaring by nearly 30% to RMB 832.1 million. In a comprehensive annual statement, the company detailed its strategic focus on high-growth sectors such as automotive and data centers. The board proposed a cash dividend of RMB 0.60 per share, totaling approximately RMB 473.4 million. Additionally, the company's risk management policies, including credit and market risks, were addressed. The company also announced its latest internal controls audit report, which indicated effective financial reporting controls. The company set its 2025 sights on sustainable growth through innovation and strategic capital allocation.