ZHONGYEDA(SZ:002441)2025-04-24 12:31Financial Performance - The company projects a revenue of CNY 11.842 billion for 2025, representing a 7% year-on-year increase [1] - The net profit is expected to reach CNY 199 million, reflecting a 13.6% growth compared to the previous year [1] - In April 2025, the company disclosed a significant procurement target of CNY 3.449605 billion with Schneider Electric, although actual procurement may vary [2] Dividend Policy - The company plans to distribute a cash dividend of CNY 0.3 per 10 shares for 2024, which accounts for 96.49% of its net profit [3] - High dividend payout is aimed at continuously rewarding shareholders without adversely affecting future development funds [4] Market Challenges - In 2024, the company experienced a 7.12% decline in revenue and a 33.30% drop in net profit due to weakened market demand and inventory clearance issues [2] - The company aims to enhance coverage of core and small customers to reverse the negative revenue trend and improve gross margins [2] International Expansion - The company is actively pursuing international business development, with plans to establish sales teams in Southeast Asian countries such as Malaysia, Thailand, and Indonesia [4] - A local market survey in Vietnam has been completed, and the company has secured its first order there [4] Cash Flow Management - The company reported a 129.08% year-on-year increase in net cash flow from operating activities, indicating strong cash reserves [3] - Cash flow will be allocated for working capital needs, property acquisitions, and further investment in international operations [3] Digital Transformation - The company is focusing on digital initiatives to enhance customer development, operational efficiency, and service quality [5] - Investments in AI and digital platforms are aimed at improving customer acquisition and supply chain management [6] Talent Development - The company has implemented a "Star Program" for new employee training and is enhancing management capabilities through various training initiatives [7] - Plans are in place to attract and retain talent to support sustainable organizational growth [7]