Lutian Machinery (SH:605259) Dong Jian Yan Bao·2025-09-23 14:47Group 1: Research Basic Information - The research object is Lutian Machinery, belonging to the general equipment industry, and the reception time was on September 23, 2025. The listed company's reception staff included the chairman and general manager Luo Changguo, the financial controller Chen Yumu, the board secretary Luo Zhengyu, and the independent director Jia Bin [16] Group 2: Detailed Research Institutions - The reception object is all investors participating online in the 2025 semi - annual performance briefing of Lutian Machinery (605259), and the reception object type is other [19] Group 3: Main Content Market Potential - High - pressure cleaning machines have broad market prospects and will develop towards specialization, diversification, integration, and intelligence. Wireless high - pressure cleaning machines have great market growth potential [24] Product Information - The company has the production capacity of large - scale generator sets for data centers and will supply according to orders [24] - The "Chuang T5 household wireless lithium - battery high - pressure car washer" supports Hongmeng Smart Connect, and the company will continue to promote product innovation [25] - In 2024, the company added energy storage products, mainly self - developed battery packs and energy storage inverters, which have entered the mass - production stage [25] - The company's self - developed small construction machinery products include road cutters, rollers, rammers, floor trowels, and concrete vibrators, and will be sold in both domestic and overseas markets [25] - The pump heads of the company's high - pressure cleaning machines are self - developed and produced, with high efficiency, long life, and energy - saving features [25] Production Capacity - The annual production capacity of the company's general power machinery products is 800,000 units, and that of high - pressure cleaning machines is 2.6 million units. The current capacity utilization rate is high, and there are sufficient on - hand orders [25] Brand and Market Strategy - As the leading enterprise in the domestic cleaning machine industry, the company promotes globalization with a trinity strategy and aims to build a world - class brand. It also aims to increase market value through performance growth and brand influence [27] New Product Development - The company will increase R & D investment, develop high - value - added new products, and focus on projects that can quickly meet market demand [28] Factory Construction - The new project with an annual output of 1.4 million general power machinery products is expected to complete the main project construction in the second half of 2025 and gradually release production capacity. The company has maintained a high dividend level, with a cash dividend ratio of 130.68% in the last three fiscal years [28][30] Company Performance - In 2024, the company achieved an operating income of 2.249 billion yuan, a year - on - year increase of 38.29%, and a net profit attributable to shareholders of 186 million yuan, a year - on - year increase of 3.44% [31]