PD CONSTRUCTION(SH:600284)2023-11-17 09:38Group 1: Event Overview - The "Institutional Investors Walk into Listed Companies" event was held on November 16-17, 2023, to enhance communication between the company and institutional investors [1][2] - The event took place at the company's Deloitte Garden 3rd-floor conference room, attended by representatives from various securities firms and media [2] Group 2: Company Performance and Market Outlook - As of the end of Q3 2023, the company signed 166 new engineering projects with a total value of approximately CNY 20.7 billion, representing a 78.47% increase compared to the same period last year [3][4] - The company is optimistic about the external market environment, noting a 25.0% increase in fixed asset investment in Shanghai from January to September 2023, with urban infrastructure investment up by 15.2% and real estate development investment up by 25.3% [4][5] Group 3: Financial Insights - The company reported a shift in financial expenses from negative to positive starting in 2022, attributed to reduced interest income due to optimized asset allocation and investments in low-risk products [5] - The company has maintained a consistent cash dividend policy, with dividend payouts as a percentage of net profit for the last three years being 34.9%, 35.4%, and 35.9% respectively [6] Group 4: Strategic Initiatives - The company plans to actively participate in urban renewal projects, particularly in the context of the "Two Olds and One Village" renovation plan in Shanghai, which is expected to create new business opportunities [6] - To maintain stock price stability, the company aims to enhance investor communication and ensure the reflection of its intrinsic value in the market [6] Group 5: Risk Management - The company emphasizes the importance of rational investment and awareness of risks, advising investors to refer to official announcements for accurate information [7][8]