望变电气(603191) - 投资者交流活动记录表

Group 1: Financial Performance - In Q1 2024, the company achieved revenue of approximately ¥520 million, with a net profit of about ¥21 million after deducting non-recurring gains and losses [2] - The company anticipates normal production and operational progress in Q2 2024 [2] Group 2: Export and Market Strategy - In 2023, the company's export share of oriented silicon steel decreased due to weakened price advantages in overseas markets; however, it plans to enhance its export strategy in 2024 [2] - The company has signed multiple export contracts in the power distribution sector, totaling nearly ¥50 million, with products including energy-efficient dry transformers and high-low voltage intelligent switchgear [3] Group 3: Project Development - The 80,000-ton high-end magnetic material project is progressing as planned, with key equipment installation and debugging ongoing in Q1 2024 [2] - The company will evaluate the potential upgrade of existing production lines after stabilizing the new project [2] Group 4: Market Outlook - The company expects a continuous increase in the price of oriented silicon steel after Q2 2024, driven by policies promoting energy efficiency and green development [4] - The demand for high-grade oriented silicon steel is projected to remain stable, with no anticipated oversupply despite capacity releases from major steel producers [5] Group 5: Operational Challenges - Previous operational losses at Yunbian Electric were attributed to factory relocation impacts and high costs; the company aims to improve profitability through enhanced supply chain management and cost reduction strategies [3] - The company acknowledges that differences in gross margins among peers in the power distribution sector are normal due to variations in product specifications and market conditions [5]