JINDUN(SZ:300411)2025-09-11 09:28Group 1: Company Overview - Chairman Wang Miaogen provided a brief introduction to the company's basic situation, business characteristics, and operational status [3]. Group 2: Financial Performance - The company's main business revenue decreased in the first half of the year due to external environmental impacts, particularly from the slow audit of the Tongfeng Electromechanical Installation Project, leading to a significant drop in income from that segment [3]. - The nuclear power business segment saw substantial growth in the first half of 2025, with expectations that it will become a major growth point for future performance [3]. Group 3: Orders and Projections - The company currently has a total order backlog of approximately 728 million CNY, with around 358 million CNY attributed to nuclear power orders [3]. - Based on the current order backlog, nuclear power revenue is expected to account for over 50% of the company's overall revenue in the coming years [3]. Group 4: Market Expansion - The company is actively participating in overseas nuclear power projects, with some progress already made, driven by the Belt and Road Initiative [3]. - There is no confirmed timeline for the bidding of the Yarlung Tsangpo Hydropower Station, but the company is prepared for significant demand in ventilation systems for high-altitude hydropower projects [3]. Group 5: New Business Ventures - The company is collaborating with Tsinghua University to develop a ducted fan for low-altitude aircraft, with successful prototype test flights completed [4]. - Future applications for the ducted fan include flying cars, industrial drones, and advanced model aircraft, with a focus on efficiency, quiet operation, and smart integration [4]. Group 6: Technical Advantages - The company possesses deep technical expertise and product certification advantages in the nuclear-grade ventilation equipment sector, meeting the highest nuclear safety standards [4]. - The high-altitude ventilation system is designed for harsh environmental conditions, featuring specialized axial flow fans and oxygen generation systems to ensure effective ventilation in high-altitude construction [4].