Financial Performance - In 2024, the company achieved operating revenue of 238.77 million, a year-on-year increase of 8.50% [3] - The net profit attributable to shareholders was 79.72 million, reflecting a growth of 8.95% [3] - The net profit excluding non-recurring gains and losses was 65.95 million, with a significant increase of 24.33% [3] - The net cash flow from operating activities grew by 29.57% year-on-year [3] Research and Development - R&D investment in 2024 reached 24.07 million, accounting for 10.08% of operating revenue [4][7] - The company obtained 27 new patents in 2024, bringing the total to 463, including 36 invention patents [12] - Continuous R&D efforts have led to significant breakthroughs in key technologies such as generator control and intelligent distribution [8] Market Strategy - The company plans to enhance operational efficiency through refined management practices [4] - In 2024, the company focused on expanding its market presence both domestically and internationally, particularly in the new energy and hybrid energy sectors [5] - The new energy/hybrid energy segment has become a growth point, with products like energy management systems and battery management systems being developed [5] Competitive Position - The company maintains a strong market position against international competitors, with core products achieving comparable performance to foreign brands [10] - In 2024, the market share for controller products was 65.30%, while component products accounted for 27.64% of revenue [11] Future Outlook - The company aims to sustain growth through ongoing technological innovation, market expansion, and operational optimization [5] - Plans to increase R&D investment and strengthen talent acquisition to support future innovations [8] - The company is committed to maintaining a balance between operational performance and shareholder returns, with a focus on increasing dividend payouts [13]

Company Overview - Zhongzhi Technology specializes in the research, manufacturing, sales, and service of internal combustion generator sets, engine automatic control systems, low-voltage power distribution automatic control systems, and new energy/hybrid energy automatic control systems [1] - The company aims to become a global leader in providing comprehensive system solutions in its field [1] Industry Insights - The generator set industry in China has seen significant development, with a continuously expanding market size and improving technology levels [1] - The demand for electricity is increasing due to China's ongoing economic growth and the acceleration of industrialization and urbanization [1] - Generator sets are widely used as emergency and backup power sources in various sectors, including hospitals, banks, airports, and outdoor work sites [1] - There is particularly strong demand for generator sets in high-quality power supply environments such as data centers and communication base stations [1] Competitive Position - Zhongzhi Technology, representing the domestic camp, has established strong market competitiveness against multinational companies due to reliable product quality and stable performance [2] - The core products of the company have reached performance levels comparable to foreign enterprises, supported by continuous research and innovation [2] - The brand influence and reputation of the company's core products in the international market have been expanding, positioning it among the top brands in the industry [2]

Group 1: Company Overview and Strategy - The company focuses on the development and manufacturing of internal combustion engine control systems and low-voltage distribution automation products, aiming to become a global leader in these fields [5][10]. - The company emphasizes "independent research and development" as a strategic foundation, with a market demand-oriented and technology innovation-driven development philosophy [10]. Group 2: Financial Performance - In 2024, the company achieved operating revenue of CNY 238.77 million, representing a year-on-year growth of 8.50% [11]. - The net profit attributable to shareholders was CNY 79.72 million, an increase of 8.95% year-on-year, while the net profit after deducting non-recurring gains and losses was CNY 65.95 million, up 24.33% [11]. Group 3: Project Updates - The "Zhongzhi Technology Internal Combustion Power Generation Intelligent Control System Industrial Park" project is expected to be completed by the end of 2024, with a current investment progress of 67.99% [1][2]. - The "Zhongzhi Technology Intelligent Controller Production Construction Project" has a total investment of CNY 63.60 million, with a funding usage progress of 31.09%. The project completion date has been adjusted from April 30, 2025, to April 30, 2027, due to macroeconomic and market conditions [7]. Group 4: Market Position and Competitiveness - The company operates in the "C Manufacturing" sector, specifically in "C38 Electrical Machinery and Equipment Manufacturing," and is positioned in the midstream of the industry chain [5]. - The company’s products are recognized for their reliability, functionality, and competitive pricing, with some achieving domestic substitution for imported products [8]. Group 5: Future Growth Opportunities - The company plans to further explore new energy and hybrid energy sectors to inject vitality into the industry while maintaining its leading position in traditional markets [10]. - Continuous investment in key research and development projects is planned to accelerate the launch of significant new products and enrich the product line across various business segments [10].