TQCC(SZ:002523) Shang Hai Zheng Quan Bao·2025-04-26 02:51Core Viewpoint - The company, Zhuzhou Tianqiao Crane Co., Ltd., reported a steady growth in revenue and net profit for the year 2024, with a focus on expanding its core business and enhancing international market presence while also emphasizing technological innovation and compliance in operations [6][7][8]. Company Overview - The company primarily engages in the research, manufacturing, and sales of material handling equipment, non-ferrous metallurgy complete equipment, coal washing equipment, and environmental protection equipment, with applications in critical sectors such as metallurgy, ports, and power [3][4]. Financial Performance - In 2024, the company achieved an operating income of 1.854 billion yuan, a 7% increase from the previous year, and a net profit attributable to shareholders of 52.75 million yuan, reflecting a 41.3% increase year-on-year [6]. - The profit distribution plan includes a cash dividend of 0.15 yuan per share, totaling approximately 21.25 million yuan, without any stock dividends or capital reserve transfers [2][14]. Business Development - The company has successfully expanded its main business, with the multi-functional machine manufacturing service orders exceeding 100 million yuan, a growth of over 20% year-on-year [6]. - The port machinery sector saw a 17% increase in orders compared to the previous year, achieving record business amounts [6]. International Expansion - The company has made significant strides in international markets, with overseas business increasing by 187% year-on-year, establishing offices in key markets and completing projects in Oman, Russia, and Indonesia [7]. Technological Innovation - The company has focused on enhancing its research and development capabilities, achieving breakthroughs in intelligent automation technologies, which have been applied in various industrial scenarios [8][9]. - The company has been awarded 29 invention patents and 26 utility model patents during the reporting period, reflecting its commitment to innovation [9]. Asset Impairment - The company has recognized an asset impairment provision totaling 110.72 million yuan for various asset categories, which will reduce the net profit attributable to shareholders by approximately 92.80 million yuan for the year [16][19]. Audit and Compliance - The company has proposed to renew the appointment of Tianjian Accounting Firm as its auditor for the year 2025, ensuring compliance with relevant regulations and maintaining investor protection [22][23].