XZCE(SZ:002534)2025-07-15 09:58Company Overview - The company was established in 2002 and became part of the Xizi Elevator Group in 2002, listed on the Shenzhen Stock Exchange in 2011, and renamed Xizi Clean Energy Equipment Manufacturing Co., Ltd. in 2022 [2][3] - The main business includes waste heat boilers, clean energy power generation equipment, and overall solutions for energy utilization [2][3] Business Segments - The company operates in four main business areas: - Waste heat boilers (including gas turbine waste heat boilers, dry quenching waste heat boilers, etc.) - Clean energy equipment (including waste incineration boilers, biomass boilers, etc.) - Solutions (including molten salt energy storage and heat exchangers) - Spare parts and services [2][3] Future Market Directions - Focus on overseas markets to increase international market share and expand OEM opportunities [4] - Target the renewable energy market, leveraging molten salt storage technology for various applications [4] - Explore spare parts and retrofit markets in response to national policies on equipment upgrades [4] Nuclear Power Development - Over 20 years of experience in the nuclear power sector with licenses for civil nuclear manufacturing [5] - Active participation in supplying equipment for nuclear power plants and collaboration with institutions for advanced nuclear applications [5][6] Flexibility in Thermal Power Market - The company is involved in a significant project for flexible peak-shaving technology using molten salt storage, with operational metrics indicating a load reduction capability of 100 MW and peak output increase of 47 MW [8][10] - The project is the first of its kind in the country, enhancing frequency modulation capabilities by 1.5 times [10] Order Situation - In the first half of 2025, the company secured new orders totaling CNY 2.784 billion, with specific contributions from various segments: - Waste heat boilers: CNY 703 million - Clean energy equipment: CNY 281 million - Solutions: CNY 1.477 billion - Spare parts and services: CNY 323 million [11][12] Data Center Market - The company is exploring opportunities in the data center sector, focusing on energy management solutions and waste heat recovery [13] International Expansion - The company is targeting Southeast Asia, South America, and regions along the Belt and Road Initiative for overseas market expansion [14] - Increased recognition of domestic brands in international markets is contributing to growth in overseas sales [14]