CAMCE(SZ:002051)2025-06-27 09:24Group 1: Company Overview and Performance - The subsidiary Beiqi Institute is a leading enterprise in China's hoisting and transportation machinery industry, with advanced technology in detachable cableway systems [4] - Beiqi Institute has maintained the highest market share in passenger cableway business domestically and was recognized as a national manufacturing single champion enterprise in 2022 [4] - Since its restructuring into Zhonggong International, Beiqi Institute has achieved significant breakthroughs in business integration and overseas market collaboration, with a revenue exceeding 1 billion in 2021 and a profit total surpassing 100 million in 2023, doubling profits over three years [4] Group 2: Impact of Policies on Business - The State Council's policies promoting large-scale equipment updates and consumer goods replacement are expected to enhance equipment quality and stimulate effective investment, providing more business opportunities for the company's manufacturing sector [5] Group 3: Internationalization and Market Expansion - The company has established over 60 overseas branches, operating in more than 100 countries, primarily along the Belt and Road Initiative [6][7] - In 2024, the international business proportion is projected to increase by 221.54%, with new market developments in Nepal, Japan, and Brazil [8] Group 4: Future Growth Drivers - The overseas business remains a crucial growth engine, with new contract amounts increasing by over 30% and effective contract amounts rising by over 25% in Q1 2025 [10] - The company plans to enhance its EPC project model and focus on strategic emerging industries, including high-end equipment manufacturing and clean energy, to create stable revenue streams [10] - Investments in environmental projects include two solid waste treatment projects and eight wastewater treatment projects, with a total investment of approximately $475 million in waste-to-energy plants in Uzbekistan [10]