ZHEFU(SZ:002266) Zheng Quan Shi Bao Wang·2025-04-25 15:12Core Insights - Zhejiang Fuhua Holdings (浙富控股) reported a revenue of 20.912 billion yuan for 2024, marking a year-on-year increase of 10.35%, while net profit decreased by 5.25% to 971 million yuan [1] - The company plans to distribute a cash dividend of 0.5 yuan per 10 shares (tax included) [1] - The company maintains a leading position in hazardous waste resource utilization and clean energy equipment sectors, benefiting from technological advancements and favorable policies [1] Revenue Breakdown - Clean energy equipment business generated 1.055 billion yuan in revenue, up 20.35% year-on-year [1] - Hazardous waste disposal and resource utilization products achieved 19.788 billion yuan in revenue, an increase of 9.92% year-on-year [1] R&D Investment - Zhejiang Fuhua Holdings invested 940 million yuan in R&D, reflecting a growth of 17.49% [1] - The company holds a total of 355 patents in its business areas, including 276 utility model patents and 79 invention patents [1] Subsidiary Performance - Shunlian Environmental Protection Group, a wholly-owned subsidiary, reported a revenue of 19.798 billion yuan and a net profit of 894 million yuan [2] - The subsidiary efficiently recovered 181,500 tons of copper, 482,970 grams of gold, and 10,770 kilograms of silver during the reporting period [2] Equipment Business - Zhejiang Fuhua Holdings' subsidiary, Zhejiang Fuhua Hydropower, secured new hydropower orders totaling 2.1 billion yuan [2] - The nuclear power equipment business, through Huadu Company, signed new orders worth 420 million yuan [2] - The company made significant progress in developing the 600MW fourth-generation commercial fast reactor liquid metal nuclear pump, with successful trial operation of the prototype [2][3]