XZCE(SZ:002534) Zheng Quan Shi Bao Wang·2025-04-25 04:09Core Insights - The company reported a revenue of 1.213 billion yuan for Q1 2025, representing a year-on-year growth of 5.32% and a net profit of 47 million yuan, reflecting a significant increase of 217.11% compared to the previous year [1] - The company secured new orders totaling 1.570 billion yuan in Q1 2025, marking a year-on-year increase of 16.8%, with major contributions from various business segments [1] - The company is focusing on clean energy equipment manufacturing, particularly in waste heat boilers and clean energy generation equipment, benefiting from the growing demand for energy-saving solutions [1] Business Developments - The company has made significant advancements in its proprietary molten salt energy storage technology, which has broad application prospects in various energy utilization scenarios [2] - A notable project, the 600MW coal-fired power unit "steam extraction energy storage" molten salt thermal flexibility peak-shaving technology demonstration project, has successfully commenced trial operation, showcasing the effectiveness of the company's technology [2] - The project achieved impressive performance metrics, including a minimum load of 51 MW and an internal heat exchange efficiency of no less than 98%, indicating the reliability of the company's molten salt storage technology [2] International Strategy - The company is actively pursuing an internationalization strategy, with significant achievements in overseas markets, including projects in Southeast Asia, the Middle East, and Africa [3] - The company is transitioning from a single equipment export model to an integrated service model that includes "equipment + engineering + operation and maintenance," enhancing its market competitiveness [3] - With the acceleration of global energy transition and the ongoing Belt and Road Initiative, the company is well-positioned to strengthen its industry leadership and contribute to global green energy development [3]