Core Viewpoint - The company, Jiasi Technology, has reported a significant increase in revenue and profit for the reporting period, driven by sales growth and improved gross margins, while also announcing strategic investments and corporate governance measures [5][7][10]. Company Overview - Jiasi Technology is a leading manufacturer in the domestic welding and cutting equipment sector, focusing on the research, production, and sales of welding equipment, accessories, materials, and robots [5][6]. - The main products include various types of welding machines such as gas shielded welding, argon arc welding, manual welding, submerged arc welding, handheld laser welding, and plasma cutting machines, catering to diverse customer needs across multiple industries [5][7]. Financial Performance - The company achieved total operating revenue of CNY 1,259,707,250.52, representing a year-on-year increase of 9.90% - Operating profit reached CNY 298,754,581.58, up 30.22% from the previous year - Total profit amounted to CNY 298,084,974.41, reflecting a growth of 29.95% - Net profit attributable to shareholders was CNY 255,268,381.96, an increase of 25.46% compared to the prior year [7][8]. Strategic Developments - In March 2024, the company announced the establishment of a wholly-owned subsidiary, Shenzhen Jiasi Industrial Welding Technology Co., Ltd., with an investment of CNY 10 million [9]. - In August 2024, the company plans to invest up to CNY 30 million in the strategic placement of shares in Beijing Keplin Optoelectronic Technology Co., Ltd. [9]. - A renewal of the voting rights delegation agreement was made to maintain control stability, with a new term of 36 months for the agreement between key shareholders [10].
深圳市佳士科技股份有限公司