hlgf(SZ:002498)2025-05-12 09:30Group 1: Company Performance and Strategy - The company has experienced slight fluctuations in net profit over the past three years, with performance targets not fully met due to a strategy focused on selecting high-quality customers and orders [4] - In 2024, the company aims to enhance its capabilities in the power industry by collaborating with national technology innovation platforms on projects such as 500kV submarine cables and direct current cable materials [4] - The company has won multiple bids for significant national hydropower projects and continues to maintain a leading position in high-voltage product procurement [4] Group 2: Environmental and Technological Initiatives - The company is actively implementing carbon reduction measures, including the use of photovoltaic power, with a reported generation of 13.81 million kWh in 2024 and the purchase of 3,000 MWh of green certificates [1] - The company is advancing its digital transformation through various projects, enhancing efficiency in process management and procurement [2] - The company is committed to using environmentally friendly materials in its products, leading industry trends with the adoption of polypropylene and halogen-free materials [3] Group 3: Talent and Organizational Development - The company emphasizes talent development as a foundation for high-quality growth, implementing strategies for talent recruitment, assessment, and performance management [5] - A "talent training camp" model has been established to cultivate backup talent and enhance organizational effectiveness [5] Group 4: Market Challenges and Responses - The company is closely monitoring upstream market uncertainties to manage operational risks related to raw material price fluctuations [5] - The decline in sales of submarine cables in 2024 is attributed to project fluctuations and intense market competition, with first-quarter sales reported at 150 million [6] Group 5: Future Outlook and Shareholder Engagement - The company plans to maintain its strategy of selecting high-quality customers and orders while enhancing customer service and experience [3] - The company is considering share buybacks and has a commitment to adhere to legal profit distribution policies while balancing future development needs [6][9]