Core Viewpoint - 2024 is a critical year for the steel industry, facing deep adjustments and challenges due to unfavorable international conditions and insufficient domestic demand, while the company is actively enhancing its capabilities and international presence to ensure high-quality development [1] Group 1: Company Performance - The company achieved a revenue of 36.194 billion yuan in 2024, with a net profit attributable to shareholders of 167 million yuan [3] - The company’s product competitiveness improved, with the production scale and technology of centrifugal ductile iron pipes ranking first globally, and the production scale of steel grating ranking among the top in Asia [1][3] - The company’s market share in the domestic public bidding market increased by 6%, and export sales of cast pipes grew by 29% year-on-year [1][2] Group 2: Product Development - The company’s product structure adjustment was significant, with the proportion of special steel increasing by 24% year-on-year [1] - New orders for steel grating increased by 9% year-on-year, with a monthly conversion volume exceeding 500 tons [3][6] - The company signed over 3 million tons of new cast pipe contracts in the year, with a contract reserve of over 1.3 million tons at year-end [2] Group 3: Cost Control and Efficiency - The company implemented systematic cost reduction measures, enhancing operational efficiency and successfully outperforming the industry average [4][5] - The company’s iron water cost ranked among the top six in the industry, and the cost of rebar ranked among the top three [5] - The company achieved a 25 yuan per ton increase in efficiency through rapid adjustments in production strategies [2] Group 4: Technological Innovation - The company invested 365 million yuan in R&D in 2024, achieving significant technological advancements, including the creation of a drinking water safety assurance technology system [6][7] - The company holds a total of 2,669 patents, including 592 invention patents, with several innovations recognized at the national level [7] - The company plans to focus on ten key areas in 2025, including enhancing sales-driven market expansion and promoting technological innovation [7]
国内市占率逆势增长6%、出口销量同比提升29% 新兴铸管以时不我待精神气不断夯实高质量发展根基