WEIXING NBM(SZ:002372)2024-05-18 02:42Group 1: Market Demand and Business Performance - Recent retail market demand has continued the weak trend from Q4 2023, with little overall improvement [2] - The construction engineering business remains in a downward trend due to the impact of the real estate sector [2] - The municipal engineering business has seen a slight improvement in payment conditions [2] Group 2: Revenue Goals and Challenges - The revenue target for 2024 is set at CNY 7.3 billion, with an expected growth rate of approximately 10% [2] - The company faces significant challenges in achieving its annual targets, requiring greater efforts to withstand external pressures [2] Group 3: Business Strategy and Risk Management - The company prioritizes "long-term sustainable development" and will not sacrifice operational quality for scale, especially in adverse macroeconomic conditions [2] - The company is focusing on selecting quality clients and projects to maintain operational standards [2] Group 4: Product and Market Development - In 2023, the company made adjustments in its water purification business, focusing on organizational structure, channel empowerment, and new product development [3] - The company is in the early stages of internationalization, including building marketing networks and developing international teams [3] Group 5: Market Competition and Future Planning - The competitive landscape is shifting towards brand enterprises, with smaller engineering-focused companies facing survival challenges [3] - The company is in a forward-looking phase regarding industrial pipelines, actively monitoring relevant cutting-edge technologies [3] Group 6: Dividend Policy - The company has proposed a mid-term dividend plan for 2024, contingent on meeting three specific conditions [3]