DAYUAN PUMP(SH:603757)2024-09-12 08:55Financial Performance - The company's cash flow from investment activities was negative due to significant expenditures on factory construction and financial investments [3] - Cash flow from financing activities was also negative, primarily due to cash dividends and share buyback expenses [3] - The company reported a half-year R&D expenditure of approximately 0.43 billion, accounting for 5.08% of operating revenue, marking the highest semi-annual R&D investment since its listing [5][6] Dividend and Shareholder Engagement - The company plans to implement a semi-annual dividend distribution based on the authorization from the shareholders' meeting, considering the positive cash recovery from asset disposals [4] - As of the end of August 2023, the company had repurchased 1,878,876 shares, which will be fully used for cancellation, reflecting confidence in future development [4] Market and Product Strategy - The company acknowledges the short-term impact on demand for heat pump and energy-saving pump products due to external market conditions, but remains optimistic about long-term growth driven by energy efficiency and low-carbon initiatives [4] - The company is enhancing its service levels, product technology, and talent development to strengthen its market position and seize industry opportunities [5] Capital Market Image - The company is committed to maintaining a stable cash dividend level and has actively responded to regulatory calls for multiple dividend distributions within a year [4] - Efforts to improve the company's image in the capital market include implementing share buyback plans and ensuring investor interests are prioritized [4]