JCON(BJ:836149)2024-10-31 09:31Group 1: Company Strategy and Business Segments - The company focuses on two main business segments: photovoltaic new energy and prefabricated construction [2] - The strategic plan aims to strengthen the full-service capabilities in prefabricated construction while enhancing industry influence in photovoltaic power plants through both vertical and horizontal development [3] - The company is actively pursuing the acquisition of controlling stakes in New Zealand's Xude and establishing a subsidiary in Dubai to expand its photovoltaic industry chain and overseas market [3] Group 2: Photovoltaic New Energy Projects - The photovoltaic new energy projects are progressing as planned, with a focus on fulfilling 2023 signed orders and new orders for the year [4] - After a significant surge in photovoltaic orders in 2023, the new order volume for 2024 has seen a slight decrease, but remains within the company's operational target range [4] Group 3: Concentrated Photovoltaic Business - The company has gained substantial experience and market influence in the photovoltaic sector over the past three years [5] - The approval of the second-level qualification for general contracting of electric power engineering is a significant milestone, enhancing the company's capacity for further development in the new energy sector [5] Group 4: Overseas Business Development - The Australian subsidiary SIPO is performing well, with plans to leverage the construction opportunities presented by the 2032 Olympics to expand the ALC panel market in Victoria and Queensland [6] - The company aims to extend its photovoltaic and prefabricated construction businesses into more countries and regions, particularly in the Middle East and Africa, through the newly established subsidiary in Dubai [6] Group 5: Impact of Real Estate Market Changes - The ongoing decline in the domestic real estate market has affected the company's prefabricated construction orders, leading to a decrease in new orders this year [6] - Despite the challenges, the company believes that prefabricated construction will play an increasingly important role in the market due to its cost-saving and environmentally friendly attributes [6]