ELHT(SH:600133) Shang Hai Zheng Quan Bao·2025-09-02 18:20Core Viewpoint - The company is transitioning from a traditional "landlord" model to a more integrated "shareholder" approach, focusing on creating an industrial ecosystem that supports local industry development [3][5]. Financial Performance - In the first half of the year, the company achieved revenue of 1.068 billion yuan, with a net profit attributable to shareholders of 49.18 million yuan, representing a year-on-year revenue growth of 31.66% [2]. Market Challenges - The industry is facing significant challenges, with some cities reporting industrial park vacancy rates exceeding 30%. This indicates a shift in supply-demand dynamics, making traditional development models unsustainable [3][4]. Strategic Transformation - The company is actively adjusting its park strategy and operational tactics to enhance business optimization and transformation, with an average net profit growth of nearly 30% in its park operations over the past three years [3][4]. New Development Strategy - A new development strategy has been established, focusing on a unified approach that integrates existing business segments, including environmental technology and smart manufacturing, while also diversifying into sectors like biomedicine [4][8]. Biomedicine Focus - The company operates 47 parks, with 12 dedicated to biomedicine, housing nearly 500 innovative enterprises across various stages of development, showcasing a strong focus on this sector [4]. Enhanced Service Model - The company is moving towards a 2.0 version of park operations, which emphasizes providing comprehensive services beyond basic utilities, fostering a collaborative industrial ecosystem [5]. Low-Carbon Initiatives - The company is capitalizing on the growing trend of zero-carbon parks, with over 200 planned nationwide, and aims to leverage its environmental technology expertise to create sustainable business models [6][7]. Technological Innovation - The company has established an innovation research institute and a talent pool to enhance its technological capabilities, which are crucial for becoming a leading industrial ecosystem builder [8][9]. Future Goals - The company aims to significantly increase the revenue and profit share from strategic emerging industries within two years and to achieve notable results in high-tech acquisitions within five years [9].