众业达2024年实现营收110.67亿元 加速推进业务出海

Core Insights - The company achieved a revenue of 11.067 billion yuan and a net profit of 169 million yuan in 2024, with a significant increase in operating cash flow by 129.08% to 707 million yuan, indicating strong cash flow and a healthy financial structure [1] - The profit distribution plan for 2024 includes a cash dividend of 3 yuan per 10 shares, totaling 163 million yuan, which represents 96.49% of the net profit for the year [1] Company Overview - The company is the largest industrial electrical distribution service provider in China, offering a wide range of products and services to meet diverse customer needs across various regions and industries [2] - It distributes products from nearly 200 brands and over 1 million models, providing a one-stop procurement solution for industrial electrical products [2] - The company has established a national industrial technology service network and an integrated manufacturing center to deliver customized solutions through technical services, system integration, and complete manufacturing [2] Competitive Advantages - The company's core competitive advantage is encapsulated in its "3+1" network model, which includes distribution, logistics, and technical service networks, along with internet integration [2] - The distribution network consists of 53 subsidiaries and over 120 offices across major cities in China, with plans for further expansion into lower-tier cities and new product lines [2] - The logistics network features seven major logistics centers and 50 distribution hubs, aimed at reducing supply cycles nationwide [3] Technological Integration - The technical service network is designed to enhance the distribution business through an information system and service management framework, with a national service network led by a central technical hub [3] - The company is leveraging digital applications to integrate its distribution, logistics, and technical service networks, creating a comprehensive online and offline industrial electrical distribution service platform [3] International Expansion - The company is accelerating its international business development, with plans to explore markets in Vietnam, Thailand, Indonesia, Malaysia, and Japan by conducting macro-environment scans and industry surveys [3]