Group 1: Company Overview and Market Position - The company has shown positive trends in four key areas: significant overseas market expansion, rapid growth in HRSG business, potential in oil and gas composite pipe industry, and strong confidence in creating long-term value for investors [1] - The company has established three production bases globally, with a notable manufacturing advantage and significant overseas revenue growth potential, particularly from the newly operational Vietnam factory [2] Group 2: Financial Performance and Shareholder Returns - Over the past two years since its listing, the company has distributed approximately CNY 100 million in dividends, enhancing shareholder satisfaction [2] - From October 2024 to October 2025, the company repurchased shares worth over CNY 40 million, all of which were canceled, further stabilizing and enhancing investment value [2] Group 3: Production Capacity and Product Value - The Vietnam production line can produce approximately two sets of HRSG units per year, depending on production scheduling and resource availability [3] - The core components of the HRSG units, which include economizers and evaporators, represent a significant portion of the overall value, with pricing influenced by material costs and market demand [3] Group 4: Market Opportunities and Strategic Initiatives - The company is actively investing in its Vietnam base to capture the growing demand for gas turbine market opportunities, with plans for further expansion and new production lines [4] - The global oil and gas pipeline market is expected to grow structurally, driven by increasing natural gas demand and the need for infrastructure upgrades, leading to a rising demand for composite pipes [5]
博盈特焊(301468) - 2026年1月8日投资者关系活动记录表