南风股份：国投证券投资者于4月26日调研我司

Core Viewpoint - The company has experienced significant growth in performance since the entry of state-owned capital, which has provided support through business optimization, market expansion, and management improvements [2] Group 1: Company Performance and Support - The entry of state-owned capital has led to a focus on core business areas and management structure optimization, enhancing market development efforts [2] - The company aims to achieve high-quality development through measures such as digital transformation, internal management improvements, and potential refinancing or mergers [2] - In Q1 2025, the company reported a main revenue of 136 million, a year-on-year increase of 21.85%, and a net profit attributable to shareholders of 16.24 million, up 44.38% year-on-year [8] Group 2: Production Capacity and Expansion Plans - The company currently has good production capacity and can expand based on customer orders, with sufficient space available for production increases [3] Group 3: Research and Development - The company supplies ventilation and air treatment systems to various sectors, including nuclear power and civil engineering, and is monitoring developments in controlled nuclear fusion and spent fuel processing [4] Group 4: 3D Printing Business - The company has invested 50 million in Southern Additive to support its 3D printing services and nuclear material procurement, with operations progressing steadily [5] Group 5: International Market Development - The company primarily focuses on the domestic market but has begun exploring international opportunities, with some initial success in 2024 [7] Group 6: Financial Metrics - The company reported a debt ratio of 15.86%, investment income of 2.98 million, financial expenses of -0.1254 million, and a gross profit margin of 30.37% [8]