WISCOM(SZ:002090)2024-09-13 07:57Group 1: Financial Performance - The company achieved operating revenue of 709 million yuan in the first half of 2024, a decrease of 10.69% compared to the same period last year, primarily due to project delivery delays [2] - Net profit attributable to shareholders was 28.23 million yuan, an increase of 55.68% year-on-year; net profit after deducting non-recurring gains and losses was 25.90 million yuan, up 101.34% from the previous year [2] Group 2: Cost Reduction and Efficiency Improvement - The proportion of operating expenses to revenue was 23.69%, a decrease of 1.51 percentage points compared to the previous year [2] - R&D expenses decreased by 23.28% compared to the same period last year, with a focus on optimizing the structure of R&D personnel [3] Group 3: Business Segmentation and Future Strategy - The smart energy business accounted for approximately 56% of revenue in 2023 and about 61% in the first half of 2024, indicating a significant growth trend [3] - The company plans to enhance its market position in grid automation and power plant automation, while also expanding into low-carbon parks, energy storage, and integrated construction of source-grid-load-storage [3] Group 4: Bidding Success with State Grid - The company has had a good bidding performance with the State Grid, with disclosed large projects exceeding 300 million yuan in 2024, mainly related to transmission and distribution products [3] - In the smart city sector, the company provides various products and solutions for the State Grid, including infrastructure construction and digital applications [3]