Core Viewpoint - The company reported significant improvement in economic performance and operational quality in Q3, with notable increases in revenue and net profit compared to the previous year [1] Financial Performance - The company achieved a revenue growth of 2.01% year-on-year in Q3 [1] - The equity attributable to shareholders of the parent company increased by 36% [1] - The net profit attributable to shareholders of the parent company surged by 102% [1] Business Segments - The improvement in performance was driven by a slight recovery in the traditional business of the electric motor segment [1] - The nuclear power segment, including products such as nuclear motors, main pumps, high-end shielded pumps, and various reactor designs, showed sustained and stable growth [1]

Core Viewpoint - The company, Jiadian Co., has established itself as a leader in the special motor industry in China, focusing on technological innovation and high-value product development while aiming to enhance its market position through strategic upgrades and diversification into nuclear power business [1][6]. Technological Empowerment - Jiadian Co. has a strong reputation for its flagship products such as explosion-proof motors and high-temperature gas-cooled reactor main helium fans, reflecting its commitment to quality and advanced manufacturing techniques [1][2]. - The company has implemented a "dual headquarters" model in Jiamusi and Harbin to enhance its R&D capabilities, focusing on product engineering and cutting-edge technology research [2][3]. - Jiadian Co. emphasizes a self-research-driven approach while collaborating with academic institutions to enhance product innovation and quality, ensuring its technological advancements remain competitive [3][4]. Product and Market Development - The company offers a comprehensive range of nearly 4,000 varieties across 347 series of industrial motors, serving various sectors including petrochemicals, coal, metallurgy, and nuclear energy [4][5]. - Jiadian Co. is actively developing high-efficiency and energy-saving motors, as well as products for new fields, to adapt to market changes and enhance its product offerings [4][5]. Strategic Layout - The company operates three major production bases in Jiamusi, Suzhou, and Harbin, strategically positioned to meet market demands and facilitate its transformation [4][5]. - Jiadian Co. has launched a digital transformation initiative, including the establishment of the first high-voltage motor digital assembly workshop in the country, significantly improving production efficiency and product quality [5][6]. Collaborative Development - The company is focused on integrating its electric motor and nuclear power sectors to leverage synergies and enhance overall competitiveness in the nuclear market [6][7]. - Jiadian Co. has strengthened its market position in the nuclear sector by acquiring a 51% stake in Harbin Electric Motor, addressing competition issues and enhancing its capabilities in nuclear product offerings [6][7].

Core Viewpoint - The company, Jiadian Co., Ltd., aims to enhance its position as a leading manufacturer and service provider of electric drive systems, focusing on high-end and intelligent product development while expanding its nuclear power business for synergistic growth [1][7]. Technology Empowerment - Jiadian Co., Ltd. has established a "dual headquarters" model in Jiamusi and Harbin to enhance technological innovation, with a focus on product engineering applications and cutting-edge research [2][3]. - The company emphasizes a culture of innovation, encouraging new ideas and collaboration with research institutions to improve product quality and technological advancement [3][4]. Product and Market Development - The company’s product range includes 347 series and nearly 4000 varieties of electric motors, covering various industries such as petrochemicals, coal, metallurgy, and nuclear energy [6]. - Jiadian Co., Ltd. is actively developing high-efficiency, energy-saving, and nuclear motors to adapt to market changes and enhance product competitiveness [6][7]. Strategic Layout - The company operates three production bases in Jiamusi, Suzhou, and Harbin, strategically positioned to meet market demands and support its transformation strategy [5][6]. - Digital transformation initiatives, including the establishment of a high-pressure motor digital assembly workshop, have significantly improved production efficiency and product quality [6]. Collaborative Development - The company is focused on integrating its electric motor and nuclear power sectors to leverage competitive advantages and create new growth opportunities [7][8]. - Jiadian Co., Ltd. has strengthened its market position in the nuclear power sector by acquiring a 51% stake in Harbin Electric Motor, enhancing its competitive edge in the nuclear market [8][9].

Group 1: Company Performance and Financials - The company plans to hold regular performance exchange meetings based on regulatory requirements and actual conditions, including annual and semi-annual performance briefings [2] - The company has increased its registered capital by over 500 million, expanding its business scope to include communication and IoT equipment manufacturing [3] - The company reported a decline in revenue and profit from traditional motor business, while nuclear power business has seen growth [4] - The company’s domestic sales account for 99.56% of total revenue, while international sales account for only 0.44%, but international gross margin is significantly higher at 36.36% [10] Group 2: Market Strategy and Product Development - The company is actively conducting market research and increasing technological reserves to adapt to market demands [4][18] - The company has developed a new series of YXKK2 motors that achieve low costs and high profits, addressing the profitability issues in traditional motors [4] - The company is focusing on expanding into the hydropower industry and has established a specialized design office and sales team for this purpose [9] - The company has built the largest 30 MW permanent magnet test base in the country, which is now operational [22] Group 3: Investor Relations and Market Management - The company has implemented a market value management system and is actively monitoring market changes and stock fluctuations [5][27] - The company has a cash dividend policy of at least 30% of distributable profits annually [11] - The company has invested 180 million in digital transformation, resulting in a 35% increase in production efficiency and a 56% increase in capacity [42] Group 4: Future Outlook and Challenges - The company is optimistic about the positive impact of the new energy efficiency standards on its performance [26] - The company is facing challenges in cash flow, with a net outflow in the first half of the year but expects a net inflow in the second half [31] - The company is committed to enhancing its market presence and improving its stock performance through various strategies [30][24]