DUN'AN ENVIRONMENTAL(SZ:002011) Zheng Quan Shi Bao Wang·2025-09-10 13:11Core Viewpoint - The company, Shun'an Environment, has announced a significant investment plan to establish a smart manufacturing headquarters and a new energy vehicle thermal management base in Zhuji City, with a total planned investment of approximately 5 billion RMB [1][3]. Group 1: Investment Plan - The investment agreement involves collaboration with the Zhuji Economic Development Zone Management Committee and Zhuji New City Investment Development Group [1]. - The project will be executed in two phases: the first phase focuses on the smart manufacturing headquarters, while the second phase targets the new energy vehicle thermal management headquarters [1]. - The total investment amount is estimated at around 5 billion RMB, which will be allocated in stages based on project implementation progress [1]. Group 2: Company Overview - Shun'an Environment specializes in the research, production, and sales of refrigeration and air conditioning components, as well as core components for new energy vehicle thermal management [2]. - The company is a leading player in the global refrigeration and air conditioning components industry, partnering with several well-known air conditioning manufacturers [2]. - As of June 30, 2025, Shun'an Environment holds the top market share for shut-off valve products and ranks second for both four-way valves and electronic expansion valves [2]. Group 3: Financial Performance - In the first half of 2025, the company achieved a revenue of 6.729 billion RMB, reflecting a year-on-year growth of 6.05%, and a net profit attributable to shareholders of 535 million RMB, up 12.94% year-on-year [2]. - The company invested nearly 200 million RMB in smart manufacturing, focusing on high-precision automation equipment and information systems to enhance operational efficiency [2]. Group 4: Market Outlook - The company anticipates a broad market outlook for the refrigeration and new energy vehicle thermal management sectors, driven by increasing domestic demand and rising environmental and energy-saving requirements [3]. - The project aims to effectively expand production capacity and enhance product competitiveness, aligning with the company's strategic growth objectives [3]. - The funding for the project will come from self-owned and self-raised funds, ensuring no detriment to the company's or shareholders' interests [3].