Zhong Guo Zheng Quan Bao·2025-12-12 20:17Core Viewpoint - The company, now named Zhongchuang Zhiling, has undergone a significant transformation, achieving a revenue of 30.745 billion yuan in the first three quarters of the year, a year-on-year increase of 10.44%, and a net profit of 3.645 billion yuan, up 19.17% year-on-year, driven by robust growth in both traditional coal machinery and automotive parts sectors [1][2]. Business Transformation - The name change from Zhengmei Ji to Zhongchuang Zhiling reflects a strategic elevation, moving from a focus on coal machinery to a broader business model that includes coal machinery, automotive parts, and industrial intelligence [1][2]. - The company has transitioned from being a "technology follower" to a "technology leader," emphasizing independent innovation and smart technology as core components of its strategy [2][3]. Performance in Traditional Sector - In the traditional coal machinery sector, the company has evolved beyond simple equipment manufacturing, providing intelligent solutions to over 1,000 working faces across the country, thus enhancing operational efficiency and safety [2][3]. - The coal machinery segment reported a revenue increase of 1.549 billion yuan, a growth rate of 10.66%, and a net profit increase of 150 million yuan, a growth rate of 4.77% in the first three quarters [3]. Automotive Parts Sector Growth - The automotive parts segment has shown remarkable growth, with a net profit increase of 133.76% year-on-year, driven by subsidiaries SEG and Yaxinke, which have successfully turned around losses and increased revenues in their respective markets [3][4]. - SEG achieved a net profit of 218 million yuan in the first three quarters, while Yaxinke's revenue from its shock absorber and commercial vehicle business grew by 19.9%, with an additional 324 million yuan from new energy motor business [3][4]. Strategic Acquisitions and Collaborations - The company has strengthened its strategic collaboration by increasing its stake in core subsidiaries like Hengda Zhikong and Yaxinke, ensuring resource focus and driving performance growth [4][5]. - The strategic acquisitions made over the past decade have positioned the company to capitalize on the automotive parts market and the transition to new energy [2][4]. Future Vision - The company's vision is to become a global leader in sustainable intelligent industrial solutions, moving from being a provider of products and components to a paradigm outputter of intelligent industrial solutions [4][5]. - The integration of advanced technologies such as 5G, IoT, and AI into its operations is seen as a key driver for this transformation, with a dedicated R&D team focused on applying AI in industrial scenarios [5].