CHIC(601608)2024-04-02 09:52Financial Performance - Revenue in 2023 reached 9.557 billion yuan, an increase of 8.26% year-on-year [3] - Net profit attributable to shareholders was 384 million yuan, a significant increase of 163.51% year-on-year [3] - Operating cash flow reached 1.2 billion yuan [3] - Interest-bearing liabilities decreased by 1.57 billion yuan, with the interest-bearing liability ratio dropping by 7 percentage points [3] - R&D investment remained at around 7% of revenue [3] International Business - International revenue in 2023 was 2.135 billion yuan, accounting for 22.34% of total revenue, with a 73% year-on-year growth [4][5] - Established 7 overseas institutions in countries along the "Belt and Road" initiative [4] - Products and services cover 68 countries and regions [4] - Focused on expanding international market share in mining, cement, and aggregate equipment [4] Operational Efficiency - Equipment utilization rate increased by over 15% in 2023 [5] - Product gross margin improved by 3.5 percentage points [5] - Recognized as a AAA-level demonstration enterprise for digital transformation and integration of industrialization and informatization in Henan Province [6] - Won awards in national 5G application competitions and CITIC Group's digital application competitions [6] Innovation and R&D - Maintained industry-leading R&D investment intensity [6] - Operates the only national key laboratory for intelligent mining heavy equipment in China [6] - Holds 2 national industrial design centers and 2 national technology centers [6] - Recognized as a national "Double Creation" demonstration base [6] - 3 products selected as national manufacturing single champions [6] Strategic Initiatives - Implemented a "Go Global, Bring In" strategy to expand domestic and international markets [3] - Optimized product structure and upgraded product quality to enhance competitiveness [3] - Deepened lean management systems to improve operational efficiency and reduce costs [3] - Focused on developing new quality productivity to drive high-quality development in high-end equipment manufacturing [6]