JIULI Hi-tech(SZ:002318)2025-06-17 09:56Group 1: Financial Performance - In 2024, the company's revenue reached 10.918 billion yuan, a year-on-year increase of 27.42% [2] - The net profit attributable to shareholders, after deducting investment income from joint ventures, was 1.31 billion yuan, up 42.02% year-on-year [2] - For Q1 2025, the revenue was 2.882 billion yuan, reflecting a 20.67% year-on-year growth [2] - The net profit attributable to shareholders for Q1 2025 was 0.375 billion yuan, an increase of 26.50% year-on-year [2] Group 2: Product Overview - The company's product categories include seamless pipes, welded pipes, composite pipes, fittings, and flanges [3] - High-end oil casing pipe production capacity and sales are steadily increasing due to new customer acquisition and application exploration [3] - The nuclear power product line includes various equipment piping and heat transfer tubes, with a focus on domestic production [3] - The composite pipe strategy emphasizes resource integration and optimization to enhance market competitiveness [3] Group 3: Future Investment Plans - The company aims to accelerate smart manufacturing and digital transformation, focusing on high-end material R&D and intelligent production lines [4] - Investment will prioritize high-value-added areas, particularly in high-temperature, corrosion-resistant, and high-performance alloy materials [4] - Global market expansion for composite pipes, alloy materials, and fittings will be a key focus, maximizing business synergy [4]