HENGTONG TECH.(SZ:300374)2025-04-11 09:30Financial Performance - The company achieved a revenue of 1.901 billion yuan, representing a year-on-year growth of 27.07% [2] - The net loss attributable to shareholders was 64 million yuan, a reduction in loss by 60.85% compared to the previous year [2] - Operating cash flow remained stable at 92 million yuan, consistent with the previous year [2] Cost Control and Profitability - Future measures to enhance cost control include strengthening budget management, streamlining organizational structure, and controlling non-productive expenses [1] - The company aims to improve net profit margin and achieve profitability by optimizing the procurement supply chain [1] Order Conversion and Market Strategy - The company plans to enhance order conversion rates by optimizing business structure and leveraging internal resources within the China Railway system [1] - Focus will be on developing prefabricated steel structure processing and installation business to ensure project delivery quality and adherence to timelines [2] Research and Development - R&D expenses increased by 37.20% year-on-year, with the company holding 136 valid patents as of 2024 [4] - The company has established a comprehensive prefabricated building product system through over a decade of R&D efforts [2] Industry Outlook - The total output value of the construction industry in 2024 reached 32.6501 trillion yuan, with a year-on-year growth of 3.9% [3] - The company anticipates significant growth opportunities in the prefabricated building sector, driven by national policies promoting green and low-carbon construction [3] Strategic Planning - The company’s strategic focus for the next 3-5 years includes brand building and developing core business advantages in prefabricated EPC projects, prefabricated steel structures, prefabricated building materials, and integrated housing [3]