Precisely, BYD orders are expected to be obtained in the second half of the year, and European factories will continue to increase shipments to make profits.

The picture shows the Precision Serbia factory.

(exactly provided)

[Reporter Huang Haochen/Taipei Report] Accurate (3162), an automotive aluminum die-casting factory, said that it has received new orders for battery boxes from China's GAC Group, and is expected to enter BYD's automotive supply chain in the second half of the year; The layout is completed, the production is expanded, and the shipments of the European factory continue to increase. It is precisely stated that this year, in addition to maintaining revenue growth, it is expected to achieve the profit target.

Accurately stated, thanks to the resource sharing of the parent group Minth and the rapid development of electric vehicles in China in recent years, the production layout was completed at the end of last year. The battery box production sites include China's Xianning, Guangzhou, Huzhou and Chongqing factories, the top three battery factories The customers are Chinese electric vehicle manufacturers Ningde Times, Honeycomb Energy, EVE Lithium Energy, etc., which are the main contributors to revenue. They have also received new orders for battery boxes from GAC Group since this (March), and will receive orders from BYD in the second half of the year. The fourth quarter Mass production can contribute to performance, and it is also the first time that Precision has entered BYD's supply chain.

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For the Serbian factory, it is precisely stated that the battery box passed the MEB certification in December last year, and it was shipped to the Volkswagen MEB platform car model through the real. MEB has been mass-produced and shipped in January this year. More than 10 million yuan (about 44 million Taiwan dollars), about 18,000 units, and more than 20,000 units in April, with a gross profit margin of about 20%.

In terms of capital expenditures, Precision will spend approximately NT$800 million this year for equipment expansion at Xianning and Hongshuo factories to strengthen orders, and 400 million yuan for expansion at the Serbian factory; Precision also expects to do so in the second to third quarters of this year. The current increase of 1.2 to 1.5 billion yuan is used to expand the factory and enrich working capital.

Looking forward to the future, Accurate said that in addition to focusing on vehicle battery boxes, product development will focus on the development of automotive shock towers, body and chassis structures in the future. Currently, battery boxes account for about 50% of Accurate’s shipment revenue. In addition, Accurate disclosed that it has Cutting to the battery box part of "hydrogen energy vehicles", the customer is a European car manufacturer, and it is estimated that mass production will start in the second half of 2024; the legal person also estimates that the revenue of Precision is expected to double to 5 billion yuan this year, and the earnings per share will be 2.5-3 yuan .

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