LSHEC(SH:603169)2024-04-22 07:34Financial Performance - In 2023, the company achieved operating revenue of CNY 5.162 billion, a year-on-year increase of 3.65% [3] - The net profit attributable to shareholders was CNY 154 million, a decrease of 12.62% compared to the previous year [3] - Cash flow from operating activities was CNY 258 million, down 16.49% year-on-year [3] - The gross profit margin was 15.14%, an increase of 1.13% year-on-year [3] - R&D investment reached CNY 227 million, a year-on-year increase of 49.78% [3] Market Development - In 2023, the company secured new orders totaling CNY 6.395 billion, a decrease of 4.68% year-on-year [4] - Orders in the coal chemical equipment market amounted to CNY 747 million, a year-on-year increase of 13.94% [4] - The nuclear energy sector saw orders of CNY 517 million, a significant increase of 154.60% [4] - International business grew rapidly, with export orders reaching CNY 291 million, up 58.73% year-on-year [4] R&D and Innovation - The company invested CNY 230 million in R&D, achieving a R&D intensity of 4.41%, a year-on-year increase of 49.78% [5] - A total of 125 technology innovation projects were launched, resulting in 21 successful technology transformations [5] - The company was recognized as a "demonstration enterprise" by the State-owned Assets Supervision and Administration Commission [5] Strategic Initiatives - The company aims to transform from a single equipment manufacturer to an integrated service provider across the industrial chain [6] - It has established strategic partnerships with high-quality suppliers to enhance supply chain resilience and efficiency [6] - The company is focusing on expanding its presence in the hydrogen energy sector, with products including alkaline electrolyzers and hydrogen storage containers [10] Future Outlook - The company plans to leverage the "Belt and Road" initiative to expand its international business, targeting emerging economies and countries along the route [8] - The introduction of strategic shareholders and acquisitions aims to enhance the company's capabilities in high-quality materials and new energy equipment [9] - The company is committed to achieving its "1333 strategy," focusing on building a CNY 10 billion enterprise and enhancing its technological and digital transformation [13]