FORTUNE(SH:603173)2024-11-18 09:58Group 1: Financial Performance - The company's revenue for the first three quarters of 2024 reached 1.654 billion CNY, a year-on-year increase of 10.17% [7] - The net profit attributable to shareholders for the same period was 208 million CNY, reflecting a growth of 44.85% [7] - In Q3 2024, the company achieved a revenue of 744 million CNY, up 34.39% year-on-year, with a net profit of 103 million CNY, marking a significant increase of 113.74% [7] Group 2: Order and Market Outlook - The company secured new orders worth approximately 2.18 billion CNY (including tax) in the first half of the year, with a focus on large single orders [5] - The total new orders signed last year amounted to 4.1 billion CNY (including tax), indicating a strong order backlog [5] - The company anticipates continued growth in the air separation equipment market, driven by demand from various industries including steel and petrochemicals [3] Group 3: Production Capacity and Expansion - The company operates four production bases, with the newly completed Hangzhou Bay Terminal Factory enhancing production efficiency and geographical advantages [4] - Current production capacity is sufficient to meet order delivery needs, with no immediate plans for new capacity expansion [4] Group 4: Corporate Governance and Investor Relations - The company maintains a B rating for information disclosure from the Shanghai Stock Exchange, with efforts to ensure timely and transparent communication [3] - The company is actively responding to market demands and enhancing investor communication to support its market value management [5] Group 5: Future Strategies and Innovations - The company is developing technologies related to hydrogen and energy storage, although these areas currently have a minor impact on overall performance [6] - The company has established capabilities in high-purity liquid oxygen and methane production, with several successful projects both domestically and internationally [6]