Company Overview - The company specializes in the research, production, and sales of prestressed concrete pile products, particularly prestressed high-strength concrete piles (PHC piles) with diameters ranging from 300mm to 1,000mm [2][3] - The main applications of these products include foundations for industrial buildings, bridges, ports, and various civil engineering projects, making them a crucial material in China's construction industry [3] Production and Market Layout - The company has established over 20 production bases across various regions in China, including South China, East China, and North China, positioning itself as one of the leading manufacturers in the industry [3][4] - The geographical distribution of production is influenced by the demand for prestressed concrete piles, particularly in soft soil areas, with significant market presence in the Pearl River Delta and Yangtze River Delta regions [3][4] Technical and Product Advantages - The company’s prefabricated concrete piles offer advantages over traditional cast-in-place piles, including faster construction speed, lower material usage, and compliance with green building standards [6] - The company holds 230 patents, including 38 invention patents, and has developed innovative manufacturing processes that enhance energy efficiency and environmental sustainability [6][7] Financial Performance - In 2024, the company faced challenges due to a decline in average selling prices and increased market competition, resulting in a decrease in net profit [8] - However, in Q1 2025, the company reported a revenue of CNY 1.392 billion, a year-on-year increase of 10.07%, and a net profit of CNY 34.6 million, reflecting a significant growth of 418.95% [8] Overseas Market Strategy - The company has expanded its overseas operations, particularly in Southeast Asia, with a subsidiary in Indonesia, achieving a 196.16% increase in overseas product sales in 2024 [8] - Future plans include enhancing market share through strategic partnerships, focusing on emerging markets, and aligning with national initiatives like the Belt and Road Initiative to boost international sales [8][9]