DHPI(SH:603856) Zheng Quan Zhi Xing·2025-05-16 11:19Summary of Key Points Core Viewpoint - The company held a performance briefing for the fiscal year 2024 and the first quarter of 2025, focusing on market expansion, cost control, and profit growth strategies in response to investor inquiries [1][2]. Group 1: Company Performance and Strategy - In 2024, the company achieved a net profit attributable to shareholders of 169.24 million yuan, and for the first quarter of 2025, the net profit was 42.83 million yuan [3]. - The company plans to enhance its core competitiveness and profitability through improved operational management, increased market development efforts, and deeper customer collaboration [3][4]. - The company aims to optimize production capacity and efficiency while reducing production costs to enhance profit margins [3]. Group 2: Industry Context and Opportunities - The pipe industry is experiencing steady growth driven by policy support, technological advancements, and market demand [4][5]. - In 2024, national water conservancy construction investment reached a historical high of 1,352.9 billion yuan, with 41 major projects initiated and 46,967 water conservancy projects implemented, reflecting a year-on-year growth of 12.8% [4][5]. - The company is positioned to benefit from favorable policies and market conditions, aiming to become a leading provider of comprehensive solutions for large-scale pipelines and urban lifelines [5].