Jereh Group(SZ:002353) Sou Hu Cai Jing·2025-09-12 03:01Core Viewpoint - The company, Jerry Co., has established a comprehensive natural gas business model that significantly contributes to its revenue growth and operational efficiency, supported by a strong international presence and innovative product offerings [1][3][8]. Group 1: Natural Gas Business - The natural gas business has become a crucial growth driver for the company, leveraging a full industry chain approach from exploration to end-use [1]. - The company has developed a comprehensive solution capability across the entire natural gas value chain, enhancing its service offerings and operational efficiency [1][2]. - The company has increased its natural gas equipment production capacity by over three times to meet growing demand [2]. Group 2: International Expansion - The company has successfully executed an internationalization strategy, with operations in over 70 countries, leading to a significant increase in overseas revenue [3]. - In the first half of 2025, overseas market revenue reached 3.295 billion yuan, a year-on-year increase of 38.38%, with new overseas orders growing by 24.16% [3]. Group 3: Product Innovation - The company has a strong focus on R&D for its fracturing equipment, particularly the plunger pump, which has been enhanced to improve performance and reduce maintenance costs [4]. - The newly developed "Pangu" series plunger pumps have achieved significant advancements in lifespan and efficiency, enhancing market competitiveness [4]. Group 4: Financial Performance - In the first half of 2025, the company reported a main revenue of 6.901 billion yuan, a year-on-year increase of 39.21%, and a net profit of 1.241 billion yuan, up 14.04% [8]. - The company has improved its cash flow management, with a net cash flow from operating activities of 3.144 billion yuan, an increase of 20.83 million yuan year-on-year [6]. Group 5: Dividend Policy - The company has committed to increasing dividend levels, distributing 0.69 yuan per share in cash dividends for the 2024 fiscal year, totaling 706 million yuan [7]. - For the first half of 2025, the company plans to distribute 0.15 yuan per share, amounting to 15.3 million yuan [7].