Actblue (SZ:300816)2025-05-16 09:50Financial Performance - The company's net profit for 2024 increased by approximately 366.61% compared to the previous year, driven by expanded sales and profits in the shipbuilding sector, enhanced cost management, and tax incentives from advanced manufacturing policies [2][3]. Research and Development Strategy - The company has established a technology innovation system centered on collaboration with research institutions and universities, focusing on green and smart technologies for future development [3][4]. - Plans to increase R&D investment, particularly in catalyst materials and hydrogen fuel cell applications, are in place to enhance product offerings in the hydrogen energy sector [3][4]. Inventory Management - The company employs a zero-inventory management strategy for downstream customers, producing based on customer orders and ensuring safety stock as needed [3][4]. Competitive Position - As the first domestic company focused on exhaust after-treatment, the company has built a strong brand image and customer base, particularly among leading enterprises in various sectors [4][5]. - The company aims to maintain its competitive edge through continuous R&D, quality management, and by capitalizing on emission upgrade opportunities [4][5]. Future Business Plans - The company plans to deepen its focus on green environmental protection, with projects aimed at enhancing product performance and expanding into new markets, including heavy-duty diesel engines and hybrid systems [4][5]. - In the shipping sector, the company will develop new products such as shipboard carbon capture systems and ammonia-hydrogen engine after-treatment systems to meet market demands [4][5]. Industry Trends - The exhaust after-treatment industry is experiencing rapid growth, supported by national policies and increasing environmental regulations, with significant demand expected from commercial vehicles and non-road machinery [5]. - Future growth points include the implementation of national emission standards and the push for ultra-low emissions in industries like power and steel [5].