江苏神通阀门股份有限公司2024年年度报告摘要

Core Viewpoint - The company has reported a slight increase in revenue and profit for the year, with a focus on expanding its nuclear power and energy equipment business while maintaining its leadership in the metallurgy valve sector [18][31]. Company Overview - The company primarily engages in the production and sales of specialized valves and flanges for various industries, including metallurgy, nuclear power, and petrochemicals [4][10]. - The company has established itself as a leading supplier of nuclear valves in China, with over 150,000 units in operation since 2008 [10]. Financial Performance - The company achieved an operating revenue of 2.14 billion yuan, a year-on-year increase of 0.48% [18]. - Operating profit reached 327 million yuan, reflecting a growth of 10.21% year-on-year [18]. - The net profit attributable to shareholders was 294 million yuan, up 9.68% from the previous year [18]. Business Strategy - The company aims to consolidate its position in metallurgy, develop its nuclear power segment, and expand into petrochemical services while focusing on high-end products for high-end customers [17]. - The company has initiated a transition from valve manufacturing to broader equipment and lifecycle services in the nuclear energy sector [10]. Product Development - The company has successfully developed a series of specialized equipment for nuclear applications, contributing significantly to its growth in the nuclear energy sector [11]. - In metallurgy, the company has implemented innovative technologies for gas recovery in blast furnaces, enhancing its market presence [11]. Market Position - The company is recognized as a key player in the nuclear valve market, actively participating in the construction of new nuclear power units in China [10]. - The company has also made strides in the hydrogen energy sector, developing high-pressure valves for hydrogen applications [13]. Research and Development - The company has expanded its R&D efforts to improve the performance and reliability of its products, including the development of new valve technologies [19][20]. - The company has established a project aimed at providing comprehensive lifecycle services for valves, enhancing customer satisfaction and operational efficiency [22]. Shareholder Returns - The company has proposed a cash dividend of 1.75 yuan per 10 shares for the 2024 fiscal year, totaling approximately 88.82 million yuan [31].