地铁设计(003013) - 2025年4月18日投资者关系活动记录表

Industry Overview - The engineering consulting industry is closely linked to the scale of national fixed asset investment, with a gradual shift from rapid development to high-quality development in urban rail transit [1] - The average annual investment completion amount in urban rail transit construction has declined, but the demand for updates and renovations is increasing due to the growth in operational mileage and technological advancements [1][2] Financial Performance - In 2024, the company achieved an operating income of CNY 2.748 billion, a year-on-year increase of 6.79% [3] - The total profit reached CNY 571 million, up 13.93% from the previous year [3] - Net profit surpassed CNY 500 million for the first time, growing by 14.02% year-on-year to CNY 501 million [3] Future Growth Drivers - The company plans to strengthen its core business in rail transit surveying and design, while actively developing TOD, general contracting, underground space development, and municipal projects [4] - Focus on new business areas such as low-altitude economy and large-scale equipment updates, alongside overseas development [4] - Emphasis on the industrialization of research outcomes and potential mergers and acquisitions to enhance core competitiveness [4] Low-altitude Economy Initiatives - The company is advancing its business layout in the low-altitude economy, collaborating with Guangzhou Metro to develop infrastructure plans [5][6] - Strategic cooperation with Tonghao City Rail Transit Technology Co., Ltd. has led to projects in low-altitude flight test field renovation and application research [6] Market Value Management - The company prioritizes market value management, aiming for stable growth through standardized operations and effective investor relations [7] - Plans to optimize capital operations and pursue mergers and acquisitions to enhance company quality and value creation [7] Restructuring Plans - The company intends to acquire 100% of Guangzhou Metro Engineering Consulting Co. through a share issuance, aiming to improve the entire engineering consulting industry chain [8] - Related auditing and evaluation work for this transaction is still ongoing [8] Strategic Development Goals - The company aims to enhance urban quality and design a better future, implementing a "12433" development strategy focused on core competitiveness and business breakthroughs [9][10] - The overall goal is to become a leader in comprehensive technology services for urban construction and rail transit [10] Dividend Policy - The cash dividend plan for 2024 is CNY 4.80 per 10 shares (tax included), totaling CNY 196 million [10] - The company aims to maintain a stable dividend policy to reward shareholders based on overall operating conditions and future development plans [10]