xldz(SZ:002546)2025-10-30 09:02Group 1: Business Overview - The company primarily operates in three business segments: electricity information collection systems, smart electricity cloud services, and power cabinets [1] - The electricity information collection system includes main station systems, special transformer terminals, concentrators, and collectors, primarily serving State Grid Corporation of China and China Southern Power Grid [1] - Smart electricity cloud services provide low-cost monitoring and management systems for electricity users, leveraging big data for value-added services [2] Group 2: Opportunities and Technology - The development of virtual power plants positively impacts the company's business expansion, as the user-side system integration platform can provide data services to virtual power plant operators [2] - The company utilizes IoT, edge computing, and electrical control technologies to build a user-side system integration platform, ensuring comprehensive interconnection and intelligent control of various devices [2] Group 3: Financial Returns and R&D Investment - The company plans to distribute cash dividends of no less than 30% of the distributable profit each year from 2024 to 2026 [3] - In 2024, the company invested CNY 54.4 million in R&D and holds 42 invention patents as of June 30, 2025 [4] Group 4: Corporate Governance - Currently, there are no plans for share buybacks or equity incentive programs [5]