Jereh Group(002353)2025-05-15 09:38Financial Performance - In Q1 2025, the company achieved a revenue of 2.687 billion CNY, representing a year-on-year growth of 26.07% [2] - The net profit attributable to shareholders was 466 million CNY, with a year-on-year increase of 24.04% [2] Major Contracts and Projects - The company signed a formal contract with ADNOC Onshore for a digital transformation EPC project, valued at an estimated 920 million USD, with a project duration of 42 months [2] - The minimum contract amount guaranteed by the owner is 50% of the total amount after deducting provisional sums [2] Shareholder Returns and Market Value - The company has consistently implemented cash dividends since its listing, with a 2024 dividend plan of 6.9 CNY per 10 shares [3] - The company has conducted share buybacks for three consecutive years and management has increased their shareholdings, indicating confidence in future growth [3] Global Market Strategy - The company has established production capabilities in the U.S. to meet local market demands and is enhancing localization in the Middle East and Central Asia [4] - A new production and office base is being developed in Dubai to improve service delivery and responsiveness to overseas markets [4] Market Opportunities and Bidding - The company is actively pursuing various market opportunities and is focused on securing new orders [4] - The procurement situation for PetroChina in 2025 will be monitored closely, with updates provided as necessary [4] Compliance and Market Entry - The company emphasizes compliance in its operations and will engage with legal institutions to navigate international regulations [5]