HTGD(SH:600487)2023-11-10 04:03Group 1: Company Overview and Meeting Details - Jiangsu Hengtong Optic-Electric Co., Ltd. held investor relations activities including online and offline meetings, strategy meetings, and roadshows, attended by approximately 193 institutions and 352 participants [1][2]. Group 2: Offshore Wind Power Insights - The Global Wind Energy Council (GWEC) increased its forecast for global offshore wind power capacity by 45.3 GW to a total of 316 GW by 2030, with an expected addition of 260 GW from 2022 to 2030 [2][3]. - China's coastal provinces have announced offshore wind power installation plans exceeding 60 GW, which is 7 times the cumulative capacity of 9 GW at the end of 2020 [2]. Group 3: Company Strategy and Development - The company is investing in a new generation deep-sea wind turbine installation vessel to enhance its capabilities in offshore wind power projects, aiming to cover installations up to 20 MW [3]. - The company plans to split its marine communication segment for independent listing to optimize resource allocation and enhance competitiveness [4]. Group 4: Financial Performance - For the first three quarters of 2023, the company achieved a revenue of CNY 35.101 billion, a year-on-year increase of 1.30%, and a net profit of CNY 1.804 billion, up 27.07% [5][6]. Group 5: International Expansion and Acquisitions - The company has established 12 overseas industrial bases and is pursuing acquisitions to strengthen its position in the global market, including a proposed acquisition of approximately 42.97% of PT Voksel Electric Tbk in Indonesia [6][7]. Group 6: Product Development and Market Trends - The company showcased its 400G and 800G optical modules, with the 400G module currently in customer testing and the 800G module undergoing testing by leading switch manufacturers [8]. - The company is actively involved in the digital transformation of offshore oil and gas platforms, marking a significant breakthrough in communication networks for offshore operations [5]. Group 7: Shareholder Engagement and Future Plans - The company plans to repurchase shares using its own funds, with a total amount between CNY 50 million and CNY 100 million, to enhance employee engagement and protect shareholder interests [9]. - A three-year shareholder return plan (2023-2025) has been established to improve transparency and protect investor rights [9].