Financial Performance - In the first half of 2024, the company achieved operating revenue of 1.11 billion CNY, a year-on-year increase of 44.10% [3] - The net profit attributable to shareholders was 268 million CNY, reflecting a growth of 10.33% [3] - The net cash flow from operating activities reached 453 million CNY, up by 21.56% [3] Operational Efficiency - The company processed 1.6811 million tons of waste and 33,000 tons of fly ash, achieving a waste processing growth of 4.08% [3] - The electricity generated from waste incineration was 702 million kWh, a year-on-year increase of 4.08%, with an average power generation of 434.17 kWh per ton of waste [5] - The company maintained a low power consumption rate of approximately 10% [5] Strategic Development - The company completed the acquisition of a 63% stake in Hunan Renhe Environment, enhancing its solid waste treatment capabilities and expanding into kitchen waste and transfer services [4] - The company focuses on technological innovation, with R&D investment of approximately 31.83 million CNY in the first half of 2024, resulting in 290 national patents, including 57 invention patents [5] - Future strategies include expanding solid waste treatment projects, enhancing technological R&D, and exploring new business areas related to waste management [6] Profitability Factors - High gross profit margins are attributed to scale advantages, with significant capacity in waste incineration projects [4] - The company benefits from synergistic advantages across its various business lines, allowing for resource sharing and cost efficiency [4] - Advanced equipment and continuous process optimization contribute to maintaining industry-leading operational metrics [4]
军信股份(301109) - 2024年8月27日投资者关系活动记录表