Aikedi's maximum investment of 3.8 billion yuan in wealth management may generate an annual profit of 100 million yuan. Developing 400 new products each year is expected to boost revenue by over 10 billion yuan.

Yangtze Business Daily reporter Huang Cong

With improving performance, AikoDi (600933.SH) has even more “idle cash” to invest and manage.

On the evening of March 23, AikoDi announced that, to enhance the returns on idle self-owned funds, the company and its controlling subsidiaries would conduct cash management on self-owned funds with a maximum aggregate amount of no more than 3.5 billion yuan. At the same time, the company also said it plans to conduct cash management on idle raised funds with a maximum额度 of no more than 300 million yuan.

Taken together, AikoDi is planning to use a total of 3.8 billion yuan of self-owned funds and idle raised funds. A relevant person in charge at a state-owned bank branch in Wuhan told Yangtze Business Daily reporter that if the listed company chooses a conservative type of investment, the annual return would be about 100 million yuan.

In terms of performance, in the first three quarters of 2025, AikoDi achieved operating revenue of 5.31B yuan, up 6.75% year over year; net profit attributable to shareholders was 895 million yuan, up 20.70% year over year.

AikoDi said that, given the company’s advantage in high-quality customers, the company develops no fewer than 400 new product categories every year, forming projected sales revenue over its lifetime of no less than 10 billion yuan.

Potential returns of 4.26B yuan per year from wealth management

AikoDi focuses on providing customers with automotive lightweighting solutions, mainly engaged in the R&D, production, and sales of automotive aluminum-alloy and zinc-alloy precision die-cast components.

According to the materials, AikoDi’s main products include aluminum-alloy parts for vehicle body structural components, the e-drive system, the electronic control system, and the battery pack system of new-energy vehicles, aluminum-alloy parts for automotive smart-driving systems, automotive seat system components, automotive wiper systems, automotive powertrain system components, and a full range of automotive aluminum-alloy precision die-cast and zinc-alloy precision die-cast components from small parts (minimum 3g) to large parts (30kg).

On the evening of March 23, AikoDi announced that, to improve the returns on idle self-owned funds, and without affecting the company’s day-to-day operations and under the condition that risks are controllable, the company and its controlling subsidiaries will conduct cash management of self-owned funds with a maximum aggregate amount of no more than 3.5 billion yuan. The funds will be used to purchase risk-controlled wealth-management products with terms of 1 month to 12 months, to improve the efficiency of capital use and increase returns on cash assets. Within the above额度 range, the funds may be used on a rolling basis.

AikoDi said that, while ensuring that it does not affect day-to-day operations and the safety of funds, by using self-owned funds to conduct cash management and purchasing risk-controlled wealth-management products or large-denomination time deposits, the company can improve the efficiency of use of self-owned funds, obtain a certain amount of investment returns, which is beneficial for enhancing the company’s performance and repaying shareholders.

On the same day, AikoDi also announced that the company and its controlling subsidiaries plan to conduct cash management on idle raised funds with a maximum额度 of no more than 300 million yuan this time. The funds will be used to purchase low-risk and principal-protected products such as structured deposits and large-denomination time deposits with high safety and good liquidity. Within the above额度 range, the funds may be used on a rolling basis within 12 months.

AikoDi said that, in accordance with national laws and regulations and ensuring that it does not affect the normal execution of the company’s raised-funds investment plans and the safety of raised funds, the company’s use of idle raised funds for cash management will not affect the normal progress of the company’s projects funded with raised funds. Through appropriate wealth management, the company can improve the efficiency of use of raised funds, obtain certain investment returns, and secure more investment returns for its shareholders.

Taken together, AikoDi plans to use a total of 3.8 billion yuan of self-owned funds and idle raised funds for wealth management, thereby improving the efficiency of capital use.

A relevant person in charge at a state-owned bank branch in Wuhan told Yangtze Business Daily reporter that if AikoDi chooses conservative investments and purchases low-risk products such as R1/R2 bank wealth-management products, the annualized return rate would be roughly 2% to 4%, and the return for one year would be about 100 million yuan.

It is worth noting that in 2024 and the first three quarters of 2025, AikoDi’s investment income was 24.2176 million yuan and 31.8938 million yuan, respectively, representing year-over-year increases of 139.25% and 106.08%.

Over half of revenue comes from exports

Against the backdrop of accelerating electrification and intelligence of the global automotive industry, AikoDi’s performance has continued to improve.

From 2022 to 2024, AikoDi’s operating revenue was 5.96B yuan, 6.75B yuan, and 5.31B yuan, respectively, up 33.05%, 39.67%, and 13.24% year over year; net profit attributable to shareholders was 649 million yuan, 913 million yuan, and 940 million yuan, respectively, up 109.29%, 40.84%, and 2.86% year over year.

In the first three quarters of 2025, AikoDi achieved operating revenue of 1.54B yuan, up 6.75% year over year; net profit attributable to shareholders was 895 million yuan, up 20.70% year over year.

Notably, in the first half of 2025, AikoDi’s domestic sales revenue was 1.79B yuan, while its export sales revenue was 1.791 billion yuan, with export revenue accounting for about 54% of the company’s total.

AikoDi said that the company has been deeply cultivating the global automotive supply chain, and its business layout is balanced and covers major automotive industrial regions worldwide, including the Americas, Europe, and Asia. Its main customers are well-known global large multinational automotive parts suppliers, as well as OEMs in North America and in China.

Currently, AikoDi has established stable cooperative relationships with international top-tier parts suppliers such as Valeo, Bosch, and Magna. At the same time, it also provides in-depth services to technology-leading enterprises such as SpeedTek Juchuang, Hikvision, SGI, CATL, and Honeycomb Yichuang, as well as emerging new automakers such as Li Auto, NIO, and Leapmotor.

AikoDi registered and established its subsidiary IKD Mexico in September 2014 in Mexico to begin exploring the establishment of overseas production bases. In July 2023, the first phase production base of the company’s Mexico plant was already fully put into mass production. In the same year, the company started construction of the company’s second-phase Mexico plant.

In June 2025, AikoDi’s second-phase Mexico plant officially commenced production, meeting the demand for nearby supply to the North American market, effectively shortening customer lead times and reducing logistics costs.

AikoDi said that in terms of geographic layout, the Mexico plant serves as a strategic foothold in the North American market. It not only avoids risks from volatility in trade policies, but also strengthens customer stickiness through localized production. In addition, based on the mature process database and standardized management system of the Ningbo headquarters, overseas bases have end-to-end replication capability, enabling precise and fast line deployment and adding competitive advantage to the development of a global supply chain.

At the same time, AikoDi also said that, given the company’s advantage in high-quality customers, the company develops no fewer than 400 new product varieties every year, forming projected sales revenue over the product lifecycle of no less than RMB 10 billion. With production across multiple product varieties, the number of aluminum-alloy product varieties sold to customers each month exceeds 3,000 part numbers, and the sales volume exceeds 20 million units. Dependence on any single customer or any single product is low, the production flexibility is strong, and utilization rates of resources such as equipment exceed 85%.

In response to industry changes, AikoDi said that the company will accelerate the layout of emerging future industries, driving development with cutting-edge technology reserves, and build a “dual-wheel drive” pattern of “automotive industry + robotics industry,” opening up unlimited growth space for the future.

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