Core Insights - Shandong Oushengda has established itself as a leading representative of the Linyi new energy industry on the international stage, achieving recognition as a "top photovoltaic brand" for two consecutive years by EUPD, placing it among the global elite [1] - The company has maintained a position in the top ten for shipment volume in the Latin American photovoltaic market, leveraging stable production capacity and high product performance to secure a significant role in the global new energy supply chain [1] Group 1 - The company emphasizes a three-dimensional synergy of "technology positioning, intelligent efficiency, and chain empowerment" as the foundation for its competitive advantage in the new energy sector [1] - Oushengda is advancing the TOPCon photovoltaic technology route, which offers higher photoelectric conversion efficiency, lower long-term degradation rates, and superior low-temperature performance compared to traditional technologies [1] - This technological advancement meets the stringent demands for "high-efficiency clean energy" across various global markets, facilitating a shift in the industry from "scale expansion" to "quality upgrade" [1] Group 2 - The company has developed a production system characterized by "dual excellence in efficiency and quality," achieving over 90% automation in production lines and maintaining a defect rate below 0.1% through an AI precision detection system [2] - Oushengda's photovoltaic products have passed nearly 20 international certifications, meeting diverse market needs from Europe to the Americas and adapting to extreme climate conditions [2] - The company has established overseas offices in over 10 countries, covering more than 150 countries and regions, creating a network of "localized service + global response" [2] Group 3 - Future international market plans include consolidating the integrated solar-storage business and enhancing resource integration across all segments to provide comprehensive services from design to long-term operation [3] - The company aims to accelerate the construction of overseas warehouses to improve delivery efficiency, promoting efficient and stable clean energy solutions to more countries and regions [3]

Group 1: Company Overview and Strategy - The meeting was organized by GuoXin Securities, Daiwa Securities, and Fangzheng Securities, with the company’s Vice President and Secretary of the Board, Zhang Qiqiang, participating to introduce the company's basic situation and development strategy [2] - The company emphasized compliance with the commitment letter and regulations regarding information disclosure [2] Group 2: Financial Performance and Projections - The gross margin for the nuclear power sector in 2024 is projected to be 36.75%, which is considered within the normal fluctuation range [4] - The delivery of valves for the newly approved nuclear power units is expected to begin in 2026 and 2027 [5][10] Group 3: Product Delivery and Business Operations - The delivery cycle for valve products in metallurgy and energy chemical sectors is generally 3-6 months, while the execution period for energy-saving technology services contracts is typically 6-8 years [6][7] - The "Valve Steward" service has been effectively implemented in the metallurgy sector since 2021, with ongoing promotion to other large steel enterprises [8] Group 4: Future Projects and Market Outlook - The company is optimistic about the future construction prospects of nuclear power projects, aligning with the national strategy for clean energy development [14] - The company is actively expanding its product range beyond butterfly and ball valves in the nuclear sector, with a focus on maintaining healthy competition in the market [11][12]