Financial Performance - The company reported a significant increase in revenue, with a year-on-year growth of 15% in 2022 [26]. - The company's operating revenue for 2022 was ¥1,711,666,893.44, representing an increase of 11.70% compared to ¥1,532,380,375.86 in 2021 [34]. - The net profit attributable to shareholders for 2022 was ¥359,444,801.74, a decrease of 13.79% from ¥416,943,903.45 in 2021 [34]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥343,028,911.12, which is a significant increase of 90.56% compared to ¥180,008,172.30 in 2021 [34]. - The net cash flow from operating activities for 2022 was ¥496,300,837.80, up 76.18% from ¥281,701,373.19 in 2021 [34]. - The diluted earnings per share for 2022 was ¥0.42, down 23.64% from ¥0.55 in 2021 [34]. - The company's total assets at the end of 2022 were ¥4,450,143,073.58, an increase of 8.62% from ¥4,097,102,646.55 at the end of 2021 [34]. - The net assets attributable to shareholders at the end of 2022 were ¥3,333,942,681.91, reflecting a growth of 17.06% compared to ¥2,847,950,039.95 at the end of 2021 [34]. - The weighted average return on equity for 2022 was 11.01%, down from 15.07% in 2021, a decrease of 4.06% [34]. - The company reported a non-operating income of CNY 16,415,890.62 in 2022, a significant decrease from CNY 236,935,731.15 in 2021, primarily due to increased donations during the reporting period [152]. Shareholder Information - The company plans to distribute a cash dividend of 3.00 RMB per 10 shares to all shareholders, based on a total of 896,225,431 shares [10]. - The company issued a total of 136,986,301 new shares, increasing its total share capital from 759,239,130 shares to 896,225,431 shares [87]. - The company has a total of 137,000,663 shares after the recent changes, with 15.29% of the shares being limited sale condition shares [75]. - The company’s shareholding structure includes 759,224,693 unrestricted shares, accounting for 84.71% of the total [75]. - The number of shareholders holding ordinary shares increased to 49,626 by the end of the reporting period, up from 41,831 at the end of the previous month [92]. - Major shareholders include Shanghai Huaming Power Equipment Group Co., Ltd. with a 28.25% stake and Shanghai Huaming Power Development Co., Ltd. with a 15.28% stake [92]. - The company has committed to not reducing its shareholding in Huaming Equipment for six months following the completion of a private placement, which was successfully implemented [137]. Market Expansion and Strategy - The company is focusing on expanding its market presence in Latin America, particularly through its subsidiary Huaming Latino Americana [30]. - The company is actively pursuing mergers and acquisitions to strengthen its position in the power equipment sector [30]. - The company has successfully completed the acquisition of seven power transmission project companies in Brazil, enhancing its international portfolio [30]. - The company has identified potential in overseas markets and repair service businesses, which are currently underdeveloped [182]. - The company is actively involved in various international projects, including those in Indonesia and Mexico, indicating a strategy for market expansion [1]. - The company aims to compete with foreign brands in the domestic ultra-high voltage and extra-high voltage markets as well as overseas markets [199]. Research and Development - The company has initiated research and development for new power equipment technologies aimed at enhancing efficiency and sustainability [30]. - The total R&D investment has been consistently increasing, indicating a strong commitment to innovation and technology development [190]. - The company has successfully launched high-voltage transformer products, including the first domestic on-load tap changer used in a UHV transformer [187]. - The company is actively involved in the development of high-voltage tap changers, contributing to the national goal of carbon neutrality and benefiting from the growth in investment in renewable energy and related manufacturing sectors [155]. Operational Efficiency - The company has reported a positive net profit for the reporting period, but did not propose a cash dividend distribution plan [126]. - The company has a strong focus on cost control and process improvements as key drivers of performance [185]. - The company has upgraded its production capacity and industrial chain, including a renovation of nearly 16,000 square meters of factory space in Shanghai and the launch of a new machining workshop exceeding 15,000 square meters [199]. - The company has shifted its repair service strategy from a passive to an active marketing approach, resulting in significant growth in performance in the repair service business [163]. Environmental and Social Responsibility - The company is committed to improving its environmental and social responsibility practices as part of its long-term strategy [30]. - The company received government subsidies amounting to CNY 21,864,632.49 in 2022, compared to CNY 8,310,716.42 in 2021, indicating increased financial support from the government [149]. Industry Trends and Demand - The company’s core business, tap changers for transformers, benefits from the stable long-term growth rate of demand driven by macroeconomic development and increasing electricity consumption [155]. - The company’s market demand for tap changers is expected to grow due to ongoing investments in the power grid, particularly in ultra-high voltage projects [155]. - The government’s action plans emphasize the need for improved power grid infrastructure and increased capacity for renewable energy sources, which will drive demand for the company’s products [177]. - The cumulative installed capacity of wind power reached about 370 million kilowatts, with a year-on-year increase of 11.2% [175]. - The cumulative installed capacity of solar power reached approximately 390 million kilowatts, showing a year-on-year growth of 28.1% [175].

山东法因数控机械股份有限公司 投资者关系活动记录表 编号:2014002 | --- | --- | --- | --- | --- | --- | |-----------------------------|-------------------------------------------|--------------------------------|-------|-------------------------------|-------| | | | | | | | | | ▷特定对象调研 | 口分析师会议 | | | | | 投资者关系活动 | □媒体采访 | □业绩说明会 | | | | | 类别 | □新闻发布会 | 口路演活动 | | | | | | □现场参观 | | | | | | | □其他 (请文字说明其他活动内容) | | | | | | 参与单位名称 及人员姓名 | tive 资产管理有限公司 执行等。 投资分析员 | 手表: | | | | | | | 2014年11月10日下午15:00～16:30 | | | | | 时间 | | | | | | | 地点 | 公 ...

Group 1: Company Overview - Huaming Electric Equipment Co., Ltd. is the only domestic provider with two production bases for on-load tap changer solutions and equipment, serving global power grids and industrial users [1] - The company has approximately 40 years of industry experience and holds over 350 authorized patents [2] Group 2: Market Position and Sales - Huaming ranks as the leading domestic manufacturer of on-load tap changers, producing about 9,000 units annually, which accounts for approximately one-third of the global production of 27,000 units [3] - The company has over 350 end-user enterprises across various sectors, including power, energy, chemical, metallurgy, and transportation [2] Group 3: Global Market Strategy - Huaming has established itself as a key supplier in the global on-load tap changer market, with a strong reputation for product reliability [4] - A memorandum of understanding was signed with Berkshire Hathaway Energy to provide products and technical services, impacting nearly 40 transformer manufacturers across approximately 100 countries [5] Group 4: Future Market Planning - The company aims to enhance customer service through synergies with Changzheng Electric, focusing on resource integration across R&D, procurement, production, sales, and financing [6] - Huaming plans to expand its service market by establishing a repair service company to meet the growing demand in China's power industry [7] - The company is actively seeking overseas partnerships to increase its market share, particularly after establishing a subsidiary in California to support its collaboration with Berkshire Hathaway Energy [7] - Huaming intends to explore the development of products related to the ubiquitous power IoT, leveraging technologies like 5G and AI [7] Group 5: International Sales Landscape - Over 150,000 units of Huaming and Changzheng brand tap changers are operational in more than 100 countries, with service networks established in key markets like Turkey, Russia, Brazil, and the USA [8] Group 6: Brand Synergy and Future Planning - The acquisition of Guizhou Changzheng Electric enhances Huaming's market position and competitive ability in the international market [9] - A new investment agreement was signed to build an intelligent production base for high, ultra-high, and extra-high voltage tap changers in Zunyi, Guizhou, with an expected annual capacity of over 6,300 units [10]