Financial Performance - The company achieved a total revenue of 678 million yuan in 2024, representing a year-on-year growth of 89.36% [5] - Operating costs increased to 470 million yuan, a year-on-year rise of 61.55%, resulting in an overall gross margin of 30.69%, up by 11.93% [5] - The net profit attributable to shareholders decreased the loss to 249 million yuan, while the net profit after deducting non-recurring items improved by 65.28% [5] Business Operations - The company reported a significant loss in net profit primarily due to losses in PPP and scaffolding businesses, despite a growing profit trend in its main PCCP business [1][2] - In 2024, the wind power tower business generated 103 million yuan in revenue, with ongoing orders being executed as per contracts [2][3] - The company has established a production capacity of 10,000 rings per year for subway segments, participating in major municipal projects like the Harbin subway [2] Research and Development - R&D investment increased by 32.22% in 2024, focusing on new products, equipment, processes, and materials, including ZNPCCP pipeline research and DJ tower development [2] - The company is committed to continuous product innovation and upgrading existing PCCP products to meet diverse market demands [3] Competitive Advantages - The company holds a unique position as the only enterprise in the PCCP industry with a national-level technology center, enhancing its R&D capabilities [2][4] - Strong relationships with suppliers, customers, and government entities facilitate resource sharing and market expansion [2] Future Growth Drivers - The company anticipates significant demand for PCCP and related products due to the acceleration of major water conservancy projects, with over 150 projects planned by 2025, totaling over 20 billion yuan in investment [7] - The focus on high-margin products like large-diameter PCCP and high-pressure pipelines is expected to enhance profitability [7] Industry Outlook - The industry is experiencing steady growth, with average revenue increasing due to market demand and successful new market entries by some companies [8] - Future demand for PCCP is projected to remain stable, driven by ongoing investments in water infrastructure and the company's strategic expansion into new business areas like wind power towers [8]

Group 1: Sales and Demand Outlook - The sales volume of PCCP pipes in 2024 is expected to significantly increase compared to 2023, despite a substantial revenue decline in Q1 2025 due to seasonal impacts in Northeast and Northwest regions [1] - The company anticipates a steady increase in new orders, with a target of 4 billion yuan in new contracts for 2025 [1] - The demand for PCCP is projected to remain stable due to ongoing national infrastructure investments, particularly under the "14th Five-Year Plan" [2] Group 2: Regional Infrastructure Investment - In 2025, there are 186 key water resource projects in the Xinjiang region, with a total investment of 1.21 trillion yuan and an annual planned investment of 92 billion yuan [2] - The company is actively participating in these major water conservancy projects, which is expected to boost the demand for PCCP and enhance company performance [2] Group 3: Order Management and Seasonal Factors - The company experiences seasonal order fluctuations, with production typically starting in April, leading to lower revenue recognition in Q1 [2] - As weather improves, project commencement is expected to increase, particularly in PCCP and concrete wind power tower sectors [2] Group 4: Financial Management and Debt Reduction - The company is implementing measures to improve accounts receivable management, including establishing a collection mechanism and engaging with government clients to ensure timely payments [4] - It is optimizing capital operations through centralized fund management to enhance capital efficiency and reduce idle funds [4] - The company is exploring diverse financing options, including asset securitization and strategic investors, to optimize its financing structure and reduce reliance on traditional debt [4] Group 5: Market Expansion and Cost Control - The company is diversifying its market by expanding into municipal water supply and drainage, renewable energy wind power towers, and high-end concrete products [5] - Internal management improvements are being made to control costs, including optimizing production processes and reducing material procurement costs [5]

为进一步加强与投资者的互动交流，新疆国统管道股份有限公司 （以下简称"公司"）将参加由新疆上市公司协会根据新疆证监局工作 部署，联合深圳市全景网络有限公司举办的"2025年新疆辖区上市公 司投资者网上集体接待日活动"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演" 网站（http://rs.p5w.net），或关注微信公众号：全景财经，或下 载全景路演APP，参与本次互动交流，活动时间为2025年5月23日（周 五） 15:00-17:30。届时公司高管将在线就公司2024年度业绩、公司 治理、发展战略、经营状况、融资计划、股权激励和可持续发展等投 资者关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊跃参 与！ 特此公告 新疆国统管道股份有限公司董事会 2025年5月16日 证券代码：002205 证券简称：国统股份 编号：2025－024 新疆国统管道股份有限公司 关于参加新疆辖区上市公司 2025 年投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 ...

证券代码：002205 证券简称：国统股份 编号：2025－022 新疆国统管道股份有限公司（以下简称"公司"）于2025年4月29 日在巨潮资讯网http://www.cninfo.com.cn 披露了《新疆国统管道 股份有限公司关于公司申请2025年度融资授信额度的公告》（公告编 号：2025-018），经复核，公告中银行授信额度具体申请情况披露有 误，具体更正如下： 更正前： 一、银行授信额度 2025 年度公司及下属子公司拟向相关银行申请银行授信额度，具 体申请情况如下： 新疆国统管道股份有限公司 更正公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 一、银行授信额度 2025 年度公司及下属子公司拟向相关银行申请银行授信额度，具 体申请情况如下： 单位 ：万元 | 序号 | 授信申请单位 | 授信银行 | 2025 年授信计划 | | --- | --- | --- | --- | | 1 | 新疆国统管道股份有限公司 | 中行乌鲁木齐市分行 | 20,000.00 | | 2 | 新疆国统管道股份有限公司 | 哈密市商业银行 | 29,200. ...

证券代码：002205 证券简称：国统股份 编号：2025－023 新疆国统管道股份有限公司 关于举行 2024 年度网上业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，并 对公告中的虚假记载、误导性陈述或重大遗漏承担责任。 新疆国统管道股份有限公司（以下简称"公司"）已于2025年4月29日在巨 潮资讯网（http://www.cninfo.com.cn/）上披露了《新疆国统管道股份有限公 司2024年年度报告》。 为便于广大投资者进一步了解公司2024年年度经营情况，公司定于2025年5 月19日（星期一）下午15:00－17:00在"国统股份投资者关系"小程序举行2024 年度网上业绩说明会。本次网上业绩说明会将采用网络远程的方式举行，投资 者可登陆"国统股份投资者关系"小程序参与互动交流。为广泛听取投资者的 意见和建议，提前向投资者征集问题，提问通道自发出公告之日起开放。 参与方式一：在微信小程序中搜索"国统股份投资者关系"； 参与方式二：微信扫一扫以下二维码： 女士、独立董事董一鸣先生。 敬请广大投资者积极参与。 特此公告 新疆国统管道股份有限公司董事会 2025 年 5 ...

证券代码：002205 证券简称：国统股份 编号：2025－021 新疆国统管道股份有限公司 关于召开2024年度股东大会的提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 新疆国统管道股份有限公司（以下简称"公司"）于2025年4月27 日召开第六届董事会第十五次会议，以8票同意、0票反对、0票弃权 审议通过了《关于召开2024年度股东大会的议案》（以下简称"本次 股东大会"），现就召开本次股东大会的相关事项通知如下： 一、会议基本情况 （一）股东大会届次：2024年度股东大会 （二）股东大会的召集人：公司董事会 （三）会议召开的合法、合规性：本次股东大会会议的召集、召 开程序符合《中华人民共和国公司法》、《上市公司股东大会规则》等 有关法律、行政法规、部门规章、规范性文件和《公司章程》的规定。 （四）会议召开的日期、时间 1.现场会议时间：2025年5月20日15:00（星期二） 2.网络投票时间：2025年5月20日。其中，通过深圳证券交易所 交易系统进行网络投票的具体时间为2025年5月20日上午 9:15-9:25,9:30-11:30，下 ...

Financial Performance - The company's operating revenue for Q1 2025 was ¥27,206,020.68, a decrease of 48.75% compared to ¥53,085,388.74 in the same period last year[5] - The net profit attributable to shareholders was -¥31,525,882.75, representing a decline of 51.15% from -¥20,856,782.74 year-over-year[5] - The company experienced a 72.95% decline in total profit and a 73.14% decline in net profit compared to the previous year, primarily due to reduced production activity during the winter break[9] - The net profit attributable to the parent company was -31,525,882.75 yuan, compared to -20,856,782.74 yuan in the previous period, reflecting a significant increase in losses[21] - The basic and diluted earnings per share were both -0.1696, compared to -0.1122 in the previous period, indicating a worsening financial performance[21] - The total comprehensive income for the period was -35,775,497.32 yuan, compared to -20,662,819.79 yuan in the previous period, showing a decline in overall financial health[21] Cash Flow and Investments - The net cash flow from operating activities improved by 69.05%, reaching -¥10,462,864.93 compared to -¥33,809,046.10 in the previous year[5] - The total cash outflow from investing activities was 12,431,628.08 yuan, compared to 1,482,196.00 yuan in the previous period, indicating increased investment expenditures[23] - Cash flow from financing activities resulted in a net outflow of -16,724,539.91 yuan, contrasting with a net inflow of 23,104,554.57 yuan in the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,987,809,444.46, a slight increase of 0.46% from ¥3,969,403,524.07 at the end of the previous year[5] - Total liabilities increased to CNY 3,511,292,970.09 from CNY 3,457,111,552.38, representing an increase of 1.6%[17] - The company's total equity decreased to CNY 476,516,474.37 from CNY 512,291,971.69, a decline of 6.9%[17] Expenses - The company's sales expenses decreased by 52.96%, reflecting reduced market expenses during the reporting period[8] - The company's research and development expenses also fell by 52.19%, indicating a reduction in R&D investment[8] - The management expenses increased to 21,294,121.18 yuan from 18,341,488.07 yuan, reflecting higher operational costs[22] Other Financial Metrics - The company reported a 100% decline in investment income, with no investment income recorded during the reporting period[9] - The company incurred credit impairment losses of 2,480,007.72 yuan, down from 5,421,283.29 yuan in the previous period, indicating improved credit management[22] - The company reported a total tax expense of -131,095.93 yuan, compared to -98,203.93 yuan in the previous period, indicating a higher tax burden despite losses[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,442, with the largest shareholder holding 30.21% of the shares[12]

Core Viewpoint - Guotong Co., Ltd. (002205) reported a significant decline in revenue and an increase in net loss for the first quarter of 2025 compared to the same period last year [1] Financial Performance - The company's operating revenue for Q1 2025 was 27.206 million yuan, representing a year-on-year decrease of 48.75% [1] - The net loss for the first quarter was 31.526 million yuan, compared to a net loss of 20.857 million yuan in the same quarter last year [1]

Group 1 - The company reported a revenue of 678 million yuan for 2024, representing a year-on-year growth of 89.36% [1] - The net profit attributable to shareholders was -249 million yuan, with a significant reduction in losses by 65.28% compared to the previous year [1][4] - The main business of the company includes the manufacturing and transportation of high-end concrete products, particularly Pre-stressed Concrete Cylinder Pipe (PCCP) [1][2] Group 2 - The PCCP industry is experiencing significant growth due to the participation of several competitive enterprises in large-scale projects, which has become a new norm in the market [2] - The company is positioned among the top players in the PCCP sector, with capabilities to produce a full range of PCCP products and a nationwide marketing network [2] - The National Water Network Construction Plan outlines strategic goals, with major projects expected to drive demand for PCCP and other water supply materials [3] Group 3 - The company faces a legal challenge involving a financial loan dispute, which has led to an estimated liability of 186.7 million yuan, impacting its financial results [4] - Despite the legal issues, the company aims to deepen its focus on the high-end concrete products market, particularly PCCP, and to track significant national water network projects for future growth [4]

Financial Performance - The company reported a basic earnings per share of -1.3404 yuan for 2024, showing a 2.32% improvement compared to -1.3723 yuan in 2023 [1] - The net profit for 2024 was -2.49 billion yuan, slightly better than -2.55 billion yuan in 2023, indicating a 2.35% improvement [1] - Operating revenue increased significantly to 6.78 billion yuan in 2024, up 89.39% from 3.58 billion yuan in 2023 [1] - The return on equity was -49.48% in 2024, worsening from -39.66% in 2023 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 66.76 million shares, accounting for 35.91% of the circulating shares, with an increase of 1.5871 million shares compared to the previous period [2] - The largest shareholder, Xinjiang Tianshan Building Materials Group Co., Ltd., holds 56.1391 million shares, representing 30.21% of the total share capital, with no change [3] - New entrants among the top shareholders include Morgan Stanley & Co. International PLC and UBS AG, while several shareholders such as Yu Qinghua and Li Wei have exited the top ten list [3] Dividend Policy - The company has decided not to distribute dividends or increase capital through bonus shares [2]