ETS(002545)2024-11-29 09:07Group 1: Financial Performance - The company has won 9 bids this year, totaling approximately 1.456 billion [9] - The overall tonnage of projects won from the State Grid this year is similar to last year, but the average winning price has slightly decreased due to lower raw material prices [9] - The net profit margin for steel structure projects has improved significantly compared to previous years [9] Group 2: Project Updates - The Laos potassium project has a production capacity of 1 million tons of potassium chloride per year, with a mining area of 133 square kilometers and reserves of over 400 million tons [2] - The company has completed a 500,000-ton expansion plan for the Laos potassium project and is planning further cooperation and expansion [2] - The acquisition of Yunnan Diyi Mining has not yet been completed, and the exploration rights include sulfur iron ore, but its development value is currently deemed insufficient [3] Group 3: Market Strategy - The company aims to continue expanding its potassium fertilizer market domestically and in Southeast Asia [8] - The company is focusing on dual main businesses of steel structure and potassium fertilizer to mitigate operational risks and enhance profitability [6] - The company is actively monitoring market conditions and adjusting its strategies accordingly to maintain competitive pricing [6] Group 4: Investor Relations - The company is committed to enhancing investor communication and fulfilling information disclosure obligations as per regulatory guidelines [7] - Suggestions from investors regarding share buybacks or increases in shareholding will be presented to the board for discussion [2] - The company has received inquiries about potential mergers or acquisitions, but there is currently no evidence to support such claims [8]