2023-05-25 09:42Group 1: Event Overview - The investor communication event was held on May 24-25, 2023, in Zhuzhou, Hunan, focusing on "Focusing on New Energy and Insights into Core Opportunities" [2][3] - The event included 73 participating institutions with a total of 97 attendees, including major funds and securities firms [3] Group 2: New Industry Growth and Profitability - In 2022, the new industry segment generated revenue of 77.1 billion CNY, accounting for over one-third of the company's total revenue [4] - The gross margin for the new industry segment was 17.63%, with ongoing efforts to optimize costs and improve profitability [4] Group 3: Key Growth Areas - Besides wind power and automotive electric drive, the company is also focusing on photovoltaic, energy storage, semiconductors, and new materials as growth areas [4] - The energy storage segment shipped approximately 3 GWh of lithium iron phosphate batteries in 2022, with total orders amounting to around 4 billion CNY [5] Group 4: International Market and Demand - The global rail transit equipment market has recovered to 2019 levels, with stable growth expected in the coming years [6] - The company is actively expanding its overseas market presence and securing orders [6] Group 5: Corporate Governance and Shareholder Value - The company is implementing measures to enhance operational quality, focusing on sustainable development, market expansion, and management efficiency [7] - Continuous improvement in corporate governance and investor relations is emphasized to deepen market understanding [8] Group 6: Long-term Planning and Product Development - The company aims to establish a business structure centered on rail transit equipment, with wind power and new materials as key growth drivers by 2025 [8] - Key product development areas include wind power, automotive electric drive systems, and new materials, with a focus on enhancing competitiveness and market share [9] Group 7: Future Strategies in New Materials - The establishment of a new materials division aims to accelerate the industrialization of high-performance materials, with ongoing R&D efforts [15] - The company plans to leverage its research institute to support the development of advanced materials, targeting significant growth in the new materials sector [15][16] Group 8: Risk Management - The company advises investors to refer to official announcements for accurate information and to remain cautious regarding investment risks [17][18]