JEMC(SZ:000922)2025-04-25 09:38Group 1: Nuclear Power Business Development - The company plans to enhance its control over the subsidiary, Hadong Equipment, and is focusing on developing technologies for fourth-generation nuclear pumps [4] - As of the end of 2024, the company has signed contracts worth CNY 5.147 billion related to nuclear power, with expected revenue recognition of CNY 1.333 billion in 2025, CNY 1.673 billion in 2026, and CNY 2.141 billion in 2027 [5] Group 2: Financial Performance and Challenges - The company's first-quarter performance in 2025 saw a significant decline, attributed to market conditions affecting the electric motor sector, with rising raw material costs impacting profit margins [7] - The traditional electric motor sector has been experiencing a downward trend, with a reported 40% decrease in profit compared to the same period last year [8] - The company aims to improve its performance through product innovation and quality enhancement, focusing on market demand [9] Group 3: Market Position and Strategy - The company ranks second in the economic efficiency index among small and medium-sized motor manufacturers in China [10] - The company emphasizes a customer-centric approach and aims to create value through technological innovation and market development [12] - The company has implemented a shareholder return plan for 2024-2026 and has established a market value management system [19] Group 4: Research and Development - National funding is allocated for research and development projects, focusing on digital production and new technology advancements [16] - The company has not yet developed products for humanoid robots or nuclear fusion applications, but it does have self-lubricating bearing products [22]