DHI(002487) 金融界· Jin Rong Jie·2025-04-12 04:31Core Viewpoint - The company reported a decline in total revenue while achieving growth in net profit, indicating a shift in focus towards high-value overseas markets amidst domestic business contraction [1][4][6]. Group 1: Financial Performance - The company achieved total revenue of 3.78 billion yuan in 2024, a year-on-year decrease of 12.61% [1][4]. - Net profit reached 474 million yuan, reflecting a year-on-year increase of 11.46% [1][4]. - The non-recurring net profit was 433 million yuan, showing a year-on-year growth of 17.70% [1]. Group 2: Domestic and Overseas Market Dynamics - The contraction of domestic business significantly impacted overall revenue, as the company reduced its exposure to lower-margin and higher-risk domestic operations [4]. - Overseas revenue amounted to 1.733 billion yuan, accounting for nearly 50% of the wind power equipment segment's income, driven by strong performance in high-value markets [4][5]. Group 3: Global Market Expansion - The company made notable progress in the European market, securing recognition as a qualified supplier for major European developers and signing offshore project orders [5]. - In 2024, the European market auctioned approximately 20 GW of offshore wind projects, marking the highest annual auction volume in recent years [5]. - The company is expanding its presence in emerging markets such as Japan, Southeast Asia, and Australia, supported by its three major offshore engineering bases [5]. Group 4: Sustainable Development Initiatives - The company is actively entering the floating foundation market, collaborating with BlueFloat Energy to innovate in floating wind power [6]. - It established a global floating business center and completed the recruitment of a core team to provide integrated solutions [6]. - The company achieved EcoVadis bronze certification and reached a C rating in the CDP assessment, demonstrating its commitment to sustainability and ESG responsibilities [6].