Financial Data and Key Metrics Changes - Fourth quarter consolidated revenues were $37.7 million, representing a 12% increase year-over-year, primarily driven by the Industrial Solutions segment, which saw a 60% revenue increase [11] - Adjusted EBITDA declined to $1.9 million from $2.1 million in the prior year, mainly due to lower capacity utilization in the Gearing segment and operational inefficiencies related to raw material supply issues [11][12] - The company ended 2025 with approximately $26 million in backlog, a level not reached since 2023 [15] Business Line Data and Key Metrics Changes - Gearing segment orders increased by 38% year-over-year to nearly $9.7 million, driven by strength in power generation and oil and gas [5][14] - Industrial Solutions segment revenue grew 60% year-over-year to $9.4 million, reflecting strong demand in natural gas turbine equipment [9][17] - Heavy Fabrications segment revenue grew by 6% year-over-year to $21.6 million, primarily due to increased sales of wind towers and repowering adapters [8][13] Market Data and Key Metrics Changes - Demand conditions were strong across Gearing and Industrial Solutions segments, with robust project activity noted [5] - The backlog for Industrial Solutions reached a record $38.1 million, indicating strong future demand [16] - The company anticipates continued domestic onshore wind tower activity through 2026 and into 2027 [23] Company Strategy and Development Direction - The company is focusing on stable, growing power generation markets, emphasizing oil and gas, renewables, and potentially nuclear [19] - Strategic actions include divesting non-core operations to optimize asset base and redeploy capital towards higher value opportunities [4][10] - The company aims to expand capabilities in precision manufacturing and is actively pursuing M&A opportunities in power generation and critical infrastructure [35][36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving double-digit growth in the Gearing segment, supported by a strong backlog [30] - The company expects to maintain a revenue growth rate of around 20% year-over-year, driven by favorable market conditions and strong demand in key segments [55] - Management highlighted the importance of domestic manufacturing as a competitive advantage in the current trade policy environment [10][24] Other Important Information - The company is implementing an ISO 45001 Occupational Health and Safety Readiness Program to enhance its safety standards [24] - The company has made significant investments in equipment and staffing to double capacity in the Industrial Solutions segment [8][45] Q&A Session Summary Question: Can you discuss the Gearing segment's growth expectations for 2026? - Management expects significant growth in the Gearing segment, with double-digit growth anticipated due to a strong backlog [30][31] Question: What steps are being taken to improve throughput in the Gearing segment? - Management indicated that execution is key, with a ramp-up expected in Q1 and steady revenue anticipated throughout the year [33] Question: What is the capacity outlook for the Industrial Solutions segment? - Management stated that the existing facility could potentially support revenue in the $70 million range, with strong demand expected through 2030 [45][46] Question: How is the Heavy Fabrications segment performing in terms of backlog and demand? - Management noted good visibility for tower production into Q3 2026, with consistent demand expected [48][49] Question: Are there any new opportunities in the oil and gas sector due to recent market volatility? - Management reported increased inquiries and substantive orders from multiple customers in the oil and gas space [57]

COMPANY OVERVIEW 2 February 2, 2026 1 Disclaimer This presentation and the accompanying oral presentation contain "forward-looking" statements that are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements include all statements other than statements of historical fact contained in this presentation, including information concerning our business plans and objectives, potential growth opportunities, competitive position, industry enviro ...

The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission take no responsibility for the contents of this Application Proof, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Application Proof. Application Proof of Guangdong Dtech Technology Co., Ltd. 廣 東 鼎 泰 高 科 技 術 股 份 有 限 公 司 (a joint stock company incorporated in the People' ...

COMPANY OVERVIEW November 3, 2025 1 Disclaimer This presentation and the accompanying oral presentation contain "forward-looking" statements that are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements include all statements other than statements of historical fact contained in this presentation, including information concerning our business plans and objectives, potential growth opportunities, competitive position, industry environm ...

Core Insights - Broadwind reported a net loss of $1.0 million, or $0.04 per diluted share, in Q2 2025, a decline from a net income of $0.5 million, or $0.02 per diluted share, in Q2 2024 [2][8] - Revenue increased by 7.6% year-over-year to $39.2 million, driven by higher sales in the wind and industrial sectors [3][8] - Total orders rose by 14% year-over-year to $21.0 million, with significant demand from power generation and oil & gas customers [4][8] Financial Performance - Adjusted EBITDA for Q2 2025 was $2.1 million, down from $3.6 million in the same period last year, representing 5.3% of total revenue [2][8] - The Heavy Fabrications segment saw a revenue increase of 27.4% to $25.0 million, primarily due to demand for wind tower sections [10][8] - The Gearing segment experienced a revenue decline of 30.3% to $7.3 million, attributed to lower demand from domestic energy markets [12][8] Operational Highlights - The Industrial Solutions segment's revenue increased by 13.9% to $7.4 million, driven by stronger order intake for natural gas turbine content [14][8] - The consolidated backlog decreased by 31.5% year-over-year to $95.3 million as of June 30, 2025 [4] - The company had total cash and availability under its credit facility of $14.9 million at the end of Q2 2025, with a net debt to trailing twelve-month adjusted EBITDA ratio of 3.0x [5][8] Management Commentary - The CEO highlighted progress in diversifying into higher-value precision manufacturing markets and increased demand for wind-related content [6] - The pending sale of the industrial fabrication operations in Manitowoc, Wisconsin, is expected to close in Q3 2025, adding approximately $13 million in cash and reducing costs by an estimated $8 million annually [6][15] - The company anticipates improved profitability as production normalizes throughout the year [6] Segment Results - Heavy Fabrications segment reported operating income of $1.7 million, compared to $1.6 million in the prior year [10][8] - Gearing segment reported an operating loss of $0.8 million, down from an operating income of $0.5 million in the previous year [12][8] - Industrial Solutions segment reported operating income of $0.5 million, slightly down from $0.6 million in the prior year [14][8]