Jiangsu Huachen(SH:603097)2023-12-13 08:14Group 1: Company Overview - Jiangsu Huachen Transformer Co., Ltd. is listed under the stock code 603097 [1] - The investor relations activity took place on December 12, 2023, from 14:00 to 16:30 [2] Group 2: Investor Relations Activities - Activities included a company tour, a PowerPoint presentation, and a Q&A session [3] - Participants included representatives from various securities and asset management companies [2] Group 3: Financial Performance - The company aims to achieve its annual revenue and net profit targets, with specific details to be disclosed in future announcements [3] - The company currently has a sufficient order backlog, with delivery times determined by product type and customer demand [3] Group 4: Market Expansion - Plans to accelerate international market expansion, focusing on Southeast Asia, the Middle East, Eastern Europe, Africa, and the Americas [4] - The company is enhancing its team to include multilingual and versatile professionals to support international sales [4] Group 5: Investment Projects - A proposed investment of 2 billion yuan for a new energy power equipment production base is under consideration, pending shareholder approval [4] - Funding sources for the project may include self-owned funds and project loans, with specifics to be disclosed later [4] Group 6: Product Insights - The company anticipates a significant increase in the proportion of new energy products compared to the previous year [4] - Amorphous alloy transformers have a no-load loss requirement that is only 30% of that of silicon steel transformers, leading to better energy efficiency and reduced CO2 emissions [5] Group 7: Risk Warning - The report includes a risk warning regarding the predictions and strategic plans mentioned, advising investors to be cautious [5]