Core Insights - Dayu Water-saving Group achieved a significant milestone with annual revenue exceeding 4 billion yuan for the first time, reaching 4.379 billion yuan, a year-on-year increase of 26.83% [2] - The net profit attributable to shareholders rose to 81.13 million yuan, marking a 61.81% increase compared to the previous year [2] - The company plans to distribute a cash dividend of 0.60 yuan per 10 shares, totaling approximately 51.94 million yuan [2] Industry Context - The water conservancy sector is a key investment area for the government, benefiting from various policies and funding, with national water conservancy construction investment exceeding 1.35 trillion yuan in 2024, a historical high [2] - Dayu Water-saving is actively responding to national strategies such as rural revitalization and food security, focusing on high-quality development in water conservancy and ensuring water safety [3] Business Performance - The company secured new orders totaling 5.314 billion yuan, maintaining a strong order acquisition trend and leading among similar private enterprises in the industry [3] - Dayu Water-saving improved its cash flow significantly, achieving a net operating cash flow of 597 million yuan, with cash receipts from sales and services increasing by 51.67% to 3.990 billion yuan [3][4] International Expansion - The company is transforming its overseas business from solely exporting water-saving irrigation products to providing integrated solutions for water supply, wastewater treatment, and flood control [4] - Dayu Water-saving has completed various projects in countries such as Vietnam, Uzbekistan, and Nigeria, enhancing its international presence [4] Future Outlook - In 2025, the company aims to focus on profit generation, market expansion, and organizational innovation to enhance project management and marketing strategies [4]