Shang Hai Zheng Quan Bao·2025-10-19 18:49Core Viewpoint - The core viewpoint emphasizes that enhancing core competitiveness and functionality is essential for the reform of the company, which is not solely reliant on technological leadership but requires a combination of technical strength, talent, and management capabilities to deliver exceptional value to clients in complex market environments [2][4]. Strategic Transformation - The company has undergone a significant strategic transformation, shifting from low-quality business segments to focusing on core operations, moving from traditional engineering contracting to technology-driven innovation [3]. - Since 2022, the company has exited non-core, high-risk, and low-efficiency businesses, returning to its strengths in the non-ferrous metal and industrial sectors [4]. Focus on Core Competencies - The company has clearly defined its strategic positioning as an engineering technology service provider rather than a construction contractor, focusing on its core competencies [4]. - The proportion of new contracts in the non-ferrous and related industrial sectors has increased from 22% to 95% over the past three years, indicating a successful shift towards high-value core business [4]. Emerging Industries and International Expansion - The revenue share from strategic emerging industries has risen from 30% to 48%, while overseas business contracts have increased from 9% to over 20% [5]. - The company aims to strengthen its service capabilities in mineral resource engineering and expand its international presence, particularly in Southeast Asia, Africa, and Central Asia, to capitalize on global market opportunities [6][8]. Technological Innovation and Management - The company is committed to enhancing its core competitiveness through a comprehensive system of technological breakthroughs, talent support, and management assurance [8]. - It has identified 99 core technologies with high conversion potential, which are expected to drive sustained economic growth [9]. Green and Intelligent Transformation - The company is actively pursuing green and intelligent transformations in the non-ferrous metal industry, developing key technologies in green mining, energy-saving aluminum electrolysis, and smart factory solutions [9]. - The management system has been improved through standardized management and smart construction practices, enhancing project monitoring and risk mitigation [9]. Future Outlook - The company aims to continue deepening its focus on the non-ferrous metal and advantageous industrial sectors, striving to become a world-class engineering technology enterprise that provides advanced technology, complete equipment, and integrated service solutions [10].