JIANGSU TONGRUN(002150)2025-04-22 15:14Financial Performance - In 2024, the company achieved operating revenue of CNY 3.371 billion, a year-on-year increase of 33.86% [2] - Revenue from photovoltaic energy storage equipment and components reached CNY 2.018 billion, growing by 80.07% [2] - The net profit attributable to shareholders was CNY 217 million, a significant increase of 237.28% [3] - In Q1 2025, operating revenue was CNY 808 million, reflecting a year-on-year growth of 18.01% [3] - The net profit attributable to shareholders in Q1 2025 was CNY 18.31 million, up by 19.70% [3] Business Operations New Energy Sector - The company focuses on key markets such as North America and South Korea, maintaining the top position in commercial photovoltaic inverter shipments in North America and market share in South Korea [3] - In 2024, the company launched a comprehensive solar storage solution for the European market, establishing subsidiaries and service centers in Poland and the Netherlands [3] - Successful delivery of large-scale energy storage projects in Japan and ongoing partnerships in emerging markets like Brazil and Pakistan [3] Metal Products Sector - The metal products business generated CNY 1.334 billion in revenue, a year-on-year increase of 10.14% [3] - The company is expanding production capacity and developing new growth areas, including data communication-related sheet metal business [3] Future Outlook - The company plans to strengthen its business capabilities across all sectors and actively expand in the new energy market, leveraging strategic resources from the parent group [4] - The company aims to enhance its performance and provide better returns to investors [4] Market Challenges and Strategies - The impact of tariff trade disputes is currently limited, with sufficient inventory in the U.S. market [5] - The company is monitoring tariff policies and may adjust product pricing and strategies accordingly [5] - In the overseas energy storage market, the focus will be on large-scale centralized storage project development in Europe, which can apply for EU subsidies [5]