XZCE(SZ:002534)2025-07-24 13:14Company Overview - The company, established in 1955 and listed on the Shenzhen Stock Exchange, was renamed to Xizi Clean Energy Equipment Manufacturing Co., Ltd. in 2022. It specializes in waste heat boilers, clean energy generation equipment, and comprehensive energy solutions [2][3]. Business Segments - The company operates in four main business areas: waste heat boilers, clean energy equipment, solutions, and spare parts/services. Key products include various types of waste heat boilers and clean energy equipment such as biomass boilers and nuclear power equipment [3][4]. Market Expansion New Energy Market - The company aims to leverage molten salt storage technology to expand into solar thermal power, user-side energy storage, and zero-carbon parks, highlighting the importance of user-side storage for industrial steam demand [4]. Nuclear Power Market - With over 20 years in the nuclear sector, the company has obtained Class II and III manufacturing licenses and is enhancing its manufacturing capabilities for nuclear products [5]. International Market - The company is focusing on Southeast Asia, South America, and countries along the Belt and Road Initiative to increase its international market share, particularly in waste heat boilers [7]. Order Status - In the first half of 2025, the company secured new orders totaling CNY 2.784 billion, with waste heat boilers accounting for CNY 703 million and clean energy equipment for CNY 281 million. The total orders on hand reached CNY 6.119 billion [6]. Project Highlights Flexibility Transformation in Thermal Power - The company is involved in a pioneering project in Hebei, utilizing molten salt storage technology to enhance the flexibility of a 600MW thermal power unit, achieving a peak load capacity of 650MW [8][10]. Future Development Plans - The company plans to enhance traditional energy efficiency while expanding into clean energy sectors such as nuclear power, flexible thermal power transformation, and renewable energy applications [12]. Equipment Supply Capability - The company’s subsidiary specializes in manufacturing various equipment, including shield machines, and is prepared to meet the increasing demand for equipment in the Yarlung Tsangpo River downstream hydropower project [13].