Group 1: Company Orders and Market Development - The company has significantly increased its efforts in the shipbuilding market, securing orders from countries like Germany and Singapore for specialized transport vessels and offshore ships. Currently, multiple orders for offshore and chemical tankers are in progress [3] - The port container crane business has seen rapid growth, with a robust order backlog and positive market expansion [4] Group 2: Technological Advancements - The company is actively integrating artificial intelligence into its operations, enhancing production efficiency, product quality, and innovation capabilities. This includes the development of automated and intelligent equipment for container port cranes and other machinery [4] - Several orders for automated equipment and upgrades have been secured, with plans to further invest in technology development to enhance automation levels [4] Group 3: International Market Strategy - In 2024, the company's export sales accounted for 80.44% of total sales, with a focus on optimizing international sales networks and after-sales service systems across various regions including Southeast Asia, South Asia, the Middle East, Europe, Australia, Latin America, and Africa [4] - The company is confident in expanding its international business, particularly in developing countries, leveraging its years of experience and market presence [4] Group 4: Dividend Policy and Shareholder Returns - The company has significantly increased its dividend levels in 2024 compared to previous years, emphasizing shareholder returns while balancing future funding needs and industry conditions [5] - The management plans to continue enhancing core competitiveness and governance to further increase investment value and dividend payouts when conditions allow [5] Group 5: Commitment to Marine Economy - The company has been proactive in aligning with national policies on "deep-sea technology" and "marine economy," having established a presence in marine-related sectors since 2011 [5] - The marine economy, including shipbuilding and offshore equipment, is expected to be a major growth driver for the company's future performance, with plans for increased investment to strengthen competitiveness [5]

Group 1 - The company has rapidly integrated resources and actively expanded its market since acquiring Kalmar's port container crane business in 2022 [1] - The port machinery business is experiencing rapid growth, with a sufficient backlog of orders and positive market expansion [1] - The production and sales scale of the company continues to increase [1]

Core Insights - The global port container crane market is projected to reach USD 5.42 billion by 2031, with a compound annual growth rate (CAGR) of 2.9% over the coming years [1]. Market Overview - Port container cranes are specialized heavy lifting equipment used for loading and unloading containers at ports, docks, and container yards, designed primarily for 20-foot and 40-foot international containers [1]. - The top five manufacturers in the global port container crane market hold approximately 90.0% market share as of 2024 [6]. Market Drivers - The growth of international maritime trade and increasing port throughput are driving demand for efficient container cranes [12]. - Economic growth in regions such as Southeast Asia, Africa, and South America is leading to new port construction and equipment upgrades [13]. - The demand for automated cranes is rising, with ports moving towards unmanned and intelligent operations, enhancing operational efficiency [13]. - The "Belt and Road" initiative is promoting port construction and logistics infrastructure investment, boosting crane market demand [13]. Market Challenges - Global economic fluctuations and potential recessions may reduce container shipping volumes, impacting port equipment investment [14]. - Geopolitical tensions and trade disputes, such as the US-China trade conflict, could affect global supply chains and port investment decisions [14]. - High costs associated with automation upgrades may pose challenges for ports with limited funding [14]. - Environmental regulations and carbon emission requirements may increase manufacturing costs for crane producers [15].