Financial Performance - The operating revenue for the year ended December 31, 2022, was RMB 18.561 billion, an increase of 15.01% compared to 2021[2]. - The profit before tax was RMB 3.295 billion, reflecting a growth of 0.73% year-on-year[2]. - The net profit attributable to shareholders was RMB 2.294 billion, a slight decrease of 0.04% from the previous year[2]. - Earnings per share were RMB 0.53, down 7.02% compared to 2021[2]. - The group achieved a net profit of RMB 2.819 billion for the year 2022, a decrease of 1.25% year-on-year, with net profit attributable to shareholders at RMB 2.294 billion, down 0.04%[21]. - Total operating revenue for 2022 was RMB 18.561 billion, an increase of 15.01% year-on-year, with the wind and photovoltaic segment contributing RMB 6.346 billion, up 0.34%, and the natural gas segment contributing RMB 12.202 billion, up 24.43%[22]. - The company reported a gross profit margin of approximately 28.5% for 2022, compared to 30.5% in 2021, indicating a decrease in profitability[137]. - The comprehensive income for 2022 was RMB 2,818,964,076.40, compared to RMB 2,854,700,266.87 in 2021, indicating a decrease of about 1.25%[139]. Assets and Liabilities - The total assets of the group as of December 31, 2022, amounted to RMB 77.409 billion[3]. - The company's total liabilities increased to RMB 52,223,427,296.61 in 2022, compared to RMB 48,153,452,750.53 in 2021, representing a rise of 6.4%[136]. - The debt-to-asset ratio increased slightly to 67.46% from 66.81%, reflecting higher external financing[128]. - As of December 31, 2022, the company's total borrowings amounted to RMB 37.203 billion, an increase of RMB 3.615 billion from the end of 2021[31]. - The company's current ratio decreased to 78.53% from 93.81%, a decline of 16.29% due to increased external financing and project investments[128]. - The total equity attributable to shareholders increased to RMB 20,464,970,898.87 in 2022 from RMB 19,834,599,822.27 in 2021, reflecting a growth of 3.2%[136]. Cash Flow - The net cash flow from operating activities increased by 72.26% to RMB 7,463,360,158.38, driven mainly by cash received from sales of goods and services[51]. - The net cash flow from investment activities was RMB -7,648,675,576.32, primarily due to cash payments for the construction of fixed assets[51]. - The net cash flow from financing activities for 2022 was RMB -176 million, a significant decrease from RMB 8.649 billion in 2021, primarily due to the absence of financing activities such as share issuance and perpetual bonds in the current period[54]. Revenue Segments - The company's main business revenue from natural gas sales reached RMB 11.85 billion, with a gross margin of 9.57%, reflecting a year-on-year increase of 24.49%[55]. - The revenue from the wind and photovoltaic power business was RMB 6.29 billion, with a gross margin of 61.55%, showing a slight decrease of 0.08% year-on-year[55]. - Natural gas revenue decreased by 3.21% to RMB 4,708,156.26 thousand in 2022 from RMB 4,864,515.53 thousand in 2021[30]. - Wind and solar energy revenue fell by 17.87% to RMB 2,527,745.37 thousand in 2022 from RMB 3,077,598.39 thousand in 2021[30]. Investments and Expenditures - Capital expenditures for the reporting period amounted to RMB 7.241 billion, a decrease of 8.87% compared to RMB 7.946 billion in the previous year[29]. - The group has invested RMB 3.29 billion in external investments during the reporting period, an increase from RMB 3.07 billion in the previous year[26]. - The company has added 6,400 MW of new pumped storage capacity agreements during the reporting period[17]. - The company is actively exploring new energy storage project investments, with two demonstration projects included in the provincial planning list[18]. Renewable Energy Development - The company is focused on expanding renewable energy development in line with national carbon neutrality goals, aiming for a non-fossil energy consumption ratio of around 20% by 2025[7]. - The newly installed wind power capacity in 2022 was 37.63 million kW, with a cumulative installed capacity of 365 million kW, representing an 11.2% increase year-on-year[6]. - The newly installed photovoltaic capacity was 87.41 million kW, with a cumulative installed capacity of 393 million kW, showing a growth of 28.1% year-on-year[6]. - The company is actively promoting the integration of renewable energy projects, with 7,334 projects confirmed for subsidy verification as of October 2022[7]. Market Expansion and Strategy - The company is actively expanding its market presence beyond Hebei province, focusing on developing untapped provincial markets[49]. - The company aims to maximize its interests through active participation in market-oriented electricity trading as the scale of market transactions is expected to expand[48]. - The company is focusing on the integration of wind, solar, and energy storage projects to create a comprehensive smart energy system[89]. - The company plans to enhance its natural gas supply chain, targeting an annual production of over 230 billion cubic meters by 2025, with a goal to increase natural gas's share in primary energy consumption from 8.9% in 2021 to 15% by 2030[77]. Environmental and Social Responsibility - The company has received the "Golden Responsibility Award" for Best Environmental Responsibility, highlighting its commitment to ESG initiatives since 2014[50]. - The company generated 14.198 billion kWh of green electricity during the reporting period, avoiding CO2 emissions of approximately 11,755,944 tons[119]. - The company avoided SO2 emissions of approximately 1,434 tons and NOx emissions of about 2,158.1 tons during the reporting period[119]. Challenges and Risks - The company is aware of potential climate risks affecting wind energy production and is conducting comprehensive resource assessments to mitigate these risks[92]. - The company anticipates that power supply restrictions may worsen in regions with concentrated wind and solar resources due to delays in grid construction[93]. - The company faces challenges in project construction due to slow land approval processes and complex procedures, impacting overall project timelines[95]. - The company is at risk of declining electricity prices due to market-based trading as the national power system reform deepens[96]. Future Outlook - The company aims to increase renewable energy generation to approximately 3.3 trillion kWh by 2025, with wind and solar power generation expected to double during the 14th Five-Year Plan[77]. - The company plans to prioritize the development of wind power projects in areas with improved grid facilities and explore innovative consumption methods[94]. - The company is committed to achieving a balanced power supply and demand in Hebei by 2027, aligning with provincial and national energy strategies[78].

Financial Performance - The net profit attributable to shareholders of the listed company for the reporting period was RMB 49,958,217.46, a decrease from RMB 51,661,164.28 in the same period last year[3] - The basic earnings per share for the reporting period was RMB 0.01, compared to a loss of RMB 0.02 in the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 43,381,105.05, down from RMB 58,247,706.32 in the previous year[3] - The average return on net assets for the reporting period was 0.19%, a decrease from 8.66% in the previous year[3] - The net profit for the first three quarters of 2022 was CNY 1,544,402,868.53, compared to CNY 1,451,827,002.41 in the same period of 2021, reflecting an increase of approximately 6.4%[43] - The company's operating income for the first three quarters of 2022 was CNY 259,528.30, a significant decrease from CNY 1,169,498.53 in the same period of 2021[42] Assets and Liabilities - The total assets of the company as of the end of the reporting period amounted to RMB 74,284,173,384.48, representing an increase of 3.06% compared to the end of the previous year[4] - The total equity attributable to shareholders of the listed company was RMB 19,840,804,629.45, showing a slight increase of 0.03% compared to the previous year[4] - The company's total current assets as of September 30, 2022, amounted to ¥15,537,488,208.38, a decrease from ¥16,005,927,059.79 as of December 31, 2021[19] - Current liabilities rose to ¥17.88 billion, compared to ¥17.06 billion, reflecting an increase of approximately 4.80%[21] - Total liabilities reached ¥49.68 billion, an increase from ¥48.15 billion, marking a growth of about 3.17%[23] - The total liabilities as of September 30, 2022, were CNY 5,534,237,671.66, up from CNY 5,176,880,157.69 as of December 31, 2021, indicating an increase of about 6.9%[40] Cash Flow - The cash flow generated from operating activities was RMB 2,827,923,148.20, indicating a strong cash position[3] - Cash inflow from operating activities for the first three quarters of 2022 is CNY 12,254,865,339.71, an increase from CNY 10,503,267,083.24 in the same period of 2021[33] - Cash outflow from operating activities for the first three quarters of 2022 totals CNY 9,796,408,324.21, compared to CNY 7,503,975,745.97 in the same period of 2021[35] - Net cash flow from operating activities for the first three quarters of 2022 is CNY 2,827,923,148.20, down from CNY 3,146,440,996.14 in the same period of 2021[35] - The cash and cash equivalents at the end of the third quarter of 2022 amount to CNY 4,950,316,927.86, down from CNY 2,478,246,851.31 at the end of the same period in 2021[37] - The ending cash and cash equivalents balance was RMB 2,755,836,886.92 as of the end of the third quarter of 2022, down from RMB 345,024,137.24 in 2021[49] Shareholder Information - The total number of ordinary shareholders as of September 30, 2022, was 69,641, with A-share shareholders accounting for 68,415 and H-share shareholders for 1,226[13] - The top ten shareholders hold a combined 93.22% of the company's shares, with the largest shareholder owning 49.17%[14] Government Support and R&D - The company received government subsidies amounting to RMB 1,728,702.33 during the reporting period[6] - The company's R&D expenses for the first three quarters of 2022 were CNY 11,445,453.23, compared to CNY 9,269,849.50 in the same period of 2021, showing an increase of approximately 23.6%[42] Investment Performance - Investment income for the first three quarters of 2022 was ¥169.11 million, down from ¥196.50 million in 2021, indicating a decrease of about 13.91%[28] - Cash received from investment income was RMB 1,452,486,424.74 in 2022, an increase from RMB 992,898,761.20 in 2021, highlighting improved investment returns[48] - Cash outflow for investment activities was RMB 2,939,064,904.74 in 2022, significantly higher than RMB 753,521,045.85 in 2021, indicating increased capital expenditures[48] Strategic Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[25] - The company has not disclosed any significant new strategies or product developments during the reporting period[18]

Financial Performance - The company's operating revenue for the first half of the year reached ¥10,225,309,885.43, representing a 19.66% increase compared to ¥8,545,067,129.57 in the same period last year[22]. - Net profit attributable to shareholders decreased by 5.29% to ¥1,616,612,596.40 from ¥1,706,990,339.97 year-on-year[22]. - The net cash flow from operating activities was ¥2,089,768,200.22, down 7.73% from ¥2,264,719,068.53 in the previous year[22]. - Basic earnings per share for the first half of the year were ¥0.38, a decrease of 11.63% from ¥0.43 in the same period last year[23]. - The weighted average return on net assets decreased by 3.40 percentage points to 8.47% from 11.87% year-on-year[23]. - Total assets at the end of the reporting period were ¥72,255,177,353.57, a slight increase of 0.25% from ¥72,077,013,277.00 at the end of the previous year[22]. - The net assets attributable to shareholders were ¥19,789,915,529.14, down 0.23% from ¥19,834,599,822.27 at the end of the previous year[22]. - Non-recurring gains and losses totaled ¥7,644,254.02, after accounting for tax and minority interests[26]. - The company received a VAT refund of ¥96,462,516.98 during the reporting period, compared to ¥70,036,205.77 in the previous period[28]. Operational Capacity and Expansion - The company reported a significant increase in total power generation, achieving a total generation of X GWh during the reporting period[10]. - The installed capacity of the company reached Y MW, reflecting a Z% increase compared to the previous period[10]. - The average utilization hours for the reporting period were recorded at A hours, indicating a B% improvement year-on-year[10]. - The company has outlined its future expansion plans, targeting an increase in operational capacity by C% over the next fiscal year[6]. - The company plans to continue expanding its market presence and invest in new technologies to enhance operational efficiency[21]. - The company is actively pursuing opportunities in the energy storage sector, which is entering a phase of rapid growth and high-quality development[42]. - The company has established a professional team in wind power, photovoltaic, and natural gas sectors, enhancing its competitive advantage in the clean energy market[55]. - The company is a leading clean energy provider in North China, with strong competitive advantages in policy support, technology, customer base, and brand recognition[55]. Clean Energy and Market Trends - The company is a leading clean energy developer in North China, focusing on wind power generation and natural gas sales as its main business[30]. - The natural gas business includes purchasing gas from upstream producers, managing long-distance pipelines, and selling gas to downstream customers, with stable unit profit margins[34][36]. - The Chinese government aims for carbon peak by 2030 and carbon neutrality by 2060, significantly impacting the energy structure and promoting clean energy sources like wind, solar, and natural gas[38]. - By 2025, domestic natural gas consumption is projected to reach 430-450 billion cubic meters, increasing to 550-600 billion cubic meters by 2030, indicating strong growth potential for the natural gas sector[44]. - The renewable energy sector has entered a price parity era, with no central government subsidies for new projects, pushing for market-driven development[39]. - The company is positioned to benefit from the rapid development of the natural gas industry, driven by policies promoting clean heating and gas utilization[44]. - The energy transition requires a multi-energy approach, emphasizing the integration of renewable energy sources to meet structural transformation needs[43]. Financial Management and Investments - The company has no non-operational fund occupation by controlling shareholders or related parties, ensuring financial integrity[6]. - There are no violations of decision-making procedures regarding external guarantees, maintaining compliance with regulations[6]. - The company has secured a total bank credit line of RMB 101.592 billion, with RMB 31.511 billion utilized as of June 30, 2022[82]. - The company has a total credit limit of RMB 3.12 billion with a financial institution, with actual usage of RMB 2.597 billion[169]. - The company reported a beginning balance of RMB 3.116 billion in deposits, with total deposits during the period amounting to RMB 17.007 billion and total withdrawals of RMB 17.568 billion, resulting in an ending balance of RMB 255 million[166]. - The company has a loan amount of RMB 2.972 billion with an interest rate range of 2.90%-4.20%[168]. - The company has issued bonds with a total balance of 9.1 billion RMB, with an interest rate of 4.7%[196]. - The company fully repaid the G19 bond principal and interest on March 7, 2022, without triggering any extension options[198]. Corporate Governance and Compliance - The company maintained a workforce of 2,481 employees as of June 30, 2022[125]. - The company held 11 board meetings, 3 audit committee meetings, 1 strategy and investment committee meeting, 8 supervisory board meetings, and 1 annual general meeting during the reporting period[128]. - The audit committee approved the 2021 annual audit report and the internal audit and risk management report during its meetings[130]. - The internal control system has been deemed effective and robust by the board, ensuring the protection of assets and shareholder interests[137]. - The company has established a comprehensive internal control system under the audit committee's supervision, focusing on financial, operational, compliance, and risk management[137]. - The company has adopted the "Standard Code" for securities trading by directors and supervisors, ensuring compliance during the reporting period[193]. Shareholder Information - As of June 30, 2022, the total number of shareholders is 44,600, with 43,368 A-share shareholders and 1,232 H-share shareholders[176]. - The largest shareholder, Hebei Construction Investment Group Co., Ltd., holds 49.17% of the shares, totaling 2,058,841,253 shares[178]. - The top ten shareholders hold a total of 1,835,702,285 shares, representing approximately 43.5% of the total share capital[181]. - The total number of restricted shares available for trading is 1,876,156,000, with all becoming tradable on June 29, 2023[183]. - The company has no knowledge of any relationships or concerted actions among the shareholders listed[180]. - The company has not disclosed any changes in the controlling shareholder or actual controller[187].

Financial Performance - Operating revenue for Q1 2022 was CNY 6,333,782,761.29, an increase of 16.75% compared to CNY 5,297,352,650.90 in the same period last year[3]. - Net profit attributable to shareholders was CNY 937,481,286.59, a decrease of 7.36% from CNY 1,011,944,781.17 in the previous year[3]. - Basic and diluted earnings per share were both CNY 0.22, down 15.38% from CNY 0.26 in the same period last year[3]. - The decrease in net profit was primarily due to reduced available hours for wind power generation compared to the same period last year[6]. - Non-recurring profit and loss attributable to shareholders decreased by 7.31% due to similar reasons affecting net profit[6]. - The company reported a net profit margin improvement, with net profit for Q1 2022 showing a significant increase compared to the same period last year, although specific figures were not disclosed[21]. - In Q1 2022, the company's net profit was CNY 1,152,050,309.76, a decrease of 10.2% from CNY 1,283,457,602.94 in Q1 2021[24]. - The total comprehensive income for Q1 2022 was CNY 1,152,050,309.76, down from CNY 1,283,457,602.94 in Q1 2021, reflecting a decrease of 10.2%[26]. Cash Flow and Assets - Net cash flow from operating activities decreased by 29.73% to CNY 987,292,399.19 from CNY 1,405,087,214.10 year-on-year[3]. - The company's cash and cash equivalents decreased to ¥3,500,517,745.44 from ¥4,955,847,636.66, a decline of approximately 29.4%[17]. - The ending cash and cash equivalents balance for Q1 2022 was ¥5,718,805,301.81, a decrease from ¥2,957,632,699.27 in Q1 2021[36]. - The total cash outflow from investing activities in Q1 2022 was ¥1,191,899,955.97, down 36% from ¥1,860,070,203.13 in Q1 2021[35]. - The cash inflow from investment activities in Q1 2022 was ¥35,154,698.01, significantly higher than ¥17,032,769.51 in Q1 2021[35]. - The cash outflow for purchasing fixed assets and intangible assets in Q1 2022 was ¥1,094,534,301.42, down from ¥1,850,711,992.88 in Q1 2021[35]. - The net increase in cash and cash equivalents for Q1 2022 was -¥1,814,279,413.75, contrasting with an increase of ¥1,094,191,252.54 in Q1 2021[36]. Shareholder Information - As of March 31, 2022, the total number of shareholders was 48,938, with 47,694 A-share shareholders and 1,244 H-share shareholders[7]. - The top shareholder, Hebei Construction Investment Group Co., Ltd., holds 2,058,841,253 shares, representing 49.17% of the total shares[8]. - The second-largest shareholder, HKSCC Nominees Limited, holds 1,835,696,285 shares, accounting for 43.84% of the total shares[8]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 71,295,241,205.74, a decrease of 1.08% from CNY 72,077,013,277.00 at the end of the previous year[3]. - Total current assets as of March 31, 2022, amounted to ¥15,044,776,723.44, a decrease from ¥16,005,927,059.79 as of December 31, 2021[12]. - Total non-current assets as of March 31, 2022, were ¥56,250,464,482.30, slightly up from ¥56,071,086,217.21 as of December 31, 2021[13]. - Total liabilities as of March 31, 2022, included short-term borrowings and accounts payable, indicating a focus on managing debt levels[14]. - The total liabilities as of March 31, 2022, amounted to ¥47,127,338,851.92, a decrease from ¥48,153,452,750.53 as of December 31, 2021, reflecting a reduction of approximately 2.1%[16]. - Long-term borrowings rose to ¥29,986,718,379.62 from ¥28,705,566,379.15, an increase of approximately 4.5%[16]. - The total non-current liabilities increased to ¥32,317,859,393.01 from ¥31,091,540,486.85, reflecting an increase of approximately 3.9%[16]. Operational Insights - The company has made retrospective adjustments to revenue and amortization amounts based on new accounting standards issued by the Ministry of Finance[3]. - The company has not disclosed any significant new strategies or product developments during this reporting period[11]. - The company's operating expenses in Q1 2022 included CNY 12,561,695.19 in management expenses, down from CNY 22,577,218.32 in Q1 2021, showing a reduction of 44.4%[28]. - The company plans to expand its market presence and invest in new technologies, although detailed figures and timelines were not provided during the call[21].

Financial Performance - The audited net profit attributable to the parent company's shareholders for 2021 was RMB 2,160,133,969.16, with undistributed profits amounting to RMB 6,316,513,894.20[2] - The proposed cash dividend distribution is RMB 1.67 per 10 shares, totaling RMB 699,244,543.19, which represents 32.37% of the net profit attributable to the parent company for 2021[2] - The company's operating revenue for 2021 was CNY 15,985,268,252.01, representing a 27.77% increase from CNY 12,510,885,312.89 in 2020[36] - Net profit attributable to shareholders for 2021 was CNY 2,160,133,969.16, a 43.00% increase compared to CNY 1,510,555,357.16 in 2020[36] - The net cash flow from operating activities for 2021 was CNY 4,332,641,166.95, up 11.14% from CNY 3,898,510,463.71 in 2020[36] - The total assets at the end of 2021 were CNY 71,917,756,790.97, a 25.60% increase from CNY 57,257,714,548.41 at the end of 2020[36] - The net assets attributable to shareholders at the end of 2021 were CNY 19,684,364,276.94, reflecting a 49.52% increase from CNY 13,164,966,950.11 at the end of 2020[36] - Basic earnings per share increased to CNY 0.54 in 2021, up 42.11% from CNY 0.38 in 2020[37] - The weighted average return on equity (ROE) increased to 16.61% in 2021, up 5.46 percentage points from 11.46% in 2020[37] Business Operations - The wind and solar power generation business achieved an electricity generation of 13.635 billion kWh, a year-on-year increase of 35.66%, while electricity sales reached 13.140 billion kWh, up 39.82% from the previous year[14] - The total gas transmission volume for the natural gas business was 4.157 billion cubic meters, representing a 7.30% increase year-on-year, with gas sales volume increasing by 8.03% to 3.808 billion cubic meters[14] - The company successfully completed a non-public issuance of A-shares, raising a total of RMB 4.596 billion, marking the largest capital market financing scale in its history[14] - The company signed its first long-term LNG purchase and sales agreement, establishing a long-term procurement channel for natural gas upstream[14] - The company has a total installed capacity of 5,673.85 MW for wind power, with a generation of 13.469 billion kWh in 2021, achieving a utilization hour of 2,501 hours[23] - The company has a total installed capacity of 118.59 MW for photovoltaic power, generating 165 million kWh in 2021, with a utilization hour of 1,395 hours[25] - The company’s natural gas transmission volume reached 4.157 billion cubic meters, with sales volume of 3.808 billion cubic meters in 2021[30] - The company completed the construction of 1,102.98 kilometers of new natural gas pipelines in 2021, totaling 7,604.75 kilometers of operational pipelines by year-end[52] Strategic Initiatives - The company plans to focus on the development of offshore wind power projects and aims for further achievements in this area[21] - The company is actively pursuing strategic opportunities in the natural gas sector, particularly in the construction of the Tangshan LNG project and related infrastructure[21] - The company aims to leverage internal industrial synergies to achieve large-scale development in renewable energy projects[21] - The company is exploring overseas investment opportunities in wind and photovoltaic projects[23] - The company emphasizes the importance of innovation and practical efforts to achieve high-quality development in the new era[21] - The company plans to accelerate the development of renewable energy, targeting a total installed capacity of wind and solar power to exceed 1.2 billion kW by 2030[50] - The company is focusing on the development of offshore wind power as a key growth area, supported by national policies[79] - The company plans to enhance its project risk resistance by prioritizing high-quality resource reserves in the renewable energy sector[127] Risk Management - The company has detailed potential risks and countermeasures in the report, particularly in the "Management Discussion and Analysis" section[4] - The company emphasizes the importance of understanding the differences between plans, forecasts, and commitments, highlighting investment risks[3] - The company is facing risks from fluctuating wind resources, which may impact power generation in varying wind years, and will conduct comprehensive wind resource testing during project planning[135] - The company anticipates challenges in market expansion due to increased competition from upstream suppliers as national pipeline infrastructure becomes more accessible[142] - The company is committed to enhancing its risk management framework as part of its operational strategy[186] Corporate Governance - The board of directors consists of 9 members, including 4 non-executive directors, 2 executive directors, and 3 independent non-executive directors, complying with Hong Kong listing rules[150] - The company has adopted a modern corporate governance structure and has adhered to all relevant corporate governance codes during the reporting period[149] - The company’s independent non-executive directors have confirmed their independence and have not held any management positions within the company, ensuring strong governance[156] - The company has implemented appropriate insurance for directors and senior management against potential legal claims, reviewed annually[161] - The company has engaged in related party transactions, including agreements with Hebei Construction Investment Group, which were subject to specific voting outcomes[164] Human Resources - As of December 31, 2021, the total number of employees in the group was 2,489, with 2,159 males and 330 females, averaging an age of 33.4 years[196] - The company has a diverse workforce, with 268 employees holding master's degrees or higher[196] - The company aims to enhance its human resources management system to support rapid development and strategic implementation[197] - A talent development system was established, categorizing training for mid-level, high-potential, general, and new employees[200] Research and Development - Research and development expenses surged by 97.77% to RMB 72,022,183.84, reflecting increased investment in R&D activities[97] - The company is investing in R&D, allocating 10% of its revenue towards innovative technologies in renewable energy[172] - New product developments are underway, focusing on green energy solutions, with an expected launch in Q3 2022[172] Market Expansion - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by 2025[172] - Market expansion plans include entering two new international markets, projected to increase overall market share by 10%[178] - The company is considering strategic acquisitions to enhance its supply chain efficiency and broaden its service offerings[179]