Xin Lang Cai Jing·2025-09-04 11:44Core Viewpoint - Dalian Heavy Industry is actively engaging with institutional investors to discuss its business development, order status, and overseas operations, highlighting its strategic growth plans and market opportunities [1] Business Layout and Development History - Dalian Heavy Industry was established in 1993 and transformed into a joint-stock company in 2007, listing on the Shenzhen Stock Exchange in 2008. After a major asset restructuring in 2011, it has developed into a diversified industrial group with six collaborative business segments [2] Detailed Analysis of Business Segments - In 2024, the sales revenue distribution across various segments is as follows: Material Handling Equipment (14.46%), Engineering General Contracting (7.35%), New Energy Equipment (25.78%), Core Components (8.79%), Metallurgical Equipment (18.96%), and Others (3.88%) [3] - Key products include strong market positions in material handling equipment (e.g., stacker-reclaimers), metallurgical equipment (e.g., continuous casting and rolling equipment), and new energy equipment (e.g., wind turbine components) [3] - Revenue growth drivers for 2024 include increased demand for material handling equipment due to port infrastructure needs, with sales of large stacker-reclaimers expected to rise by 80% and sales revenue from dumpers projected to grow by 102.76% [3] - For 2025, revenue growth is anticipated to continue based on favorable market conditions in ports and wind energy sectors, while by 2027, the company aims for stable revenue growth through strategic planning and digital transformation [3] Orders and Downstream Market Conditions - As of August 2025, the company has a cumulative contract backlog of 34.53 billion yuan. Most downstream industries are experiencing stable growth, while the metallurgical sector is undergoing structural adjustments [4] - The company has established subsidiaries or offices in multiple countries, exporting products to 96 countries, with significant overseas revenue from Australia, particularly in the material handling equipment segment [4] - The company expects overseas revenue to double due to its international business strategy, participation in the Belt and Road Initiative, and increased demand in the Indian market [4] - Future growth targets include maintaining overseas business at over 20% of total revenue, supported by regional market strategies and localized services [4] Other Important Matters - The company has implemented cost control measures and institutional reforms to enhance governance and operational efficiency, focusing on digital transformation and long-term mechanisms [5] - A stock incentive plan is in place to attract talent and align with the company's growth stage and industry trends [5]