Lutian Machinery (SH:605259)2023-09-25 02:11Group 1: Financial Performance and Shareholder Returns - The company has maintained a high dividend payout ratio, with a dividend yield of approximately 4% over the past two years [1] - The company plans to continue cash dividends while ensuring stable operations and considering significant capital expenditures [2] - The company generates stable operating cash flow, which supports ongoing dividend payments [1] Group 2: Sales Growth and Market Strategy - Sales growth in general machinery is attributed to both increased purchases from existing customers and the development of new customers [2] - The company primarily relies on exports, with sales priced in USD, benefiting from RMB depreciation [2] - The company is focused on expanding its operational scope to meet production needs, including potential entry into new markets [2] Group 3: Future Developments and Innovations - The company is committed to enhancing R&D investment and innovation capabilities to meet diverse customer needs [3] - There are no current plans to enter the semiconductor or chip industries [2] - The company is exploring the potential for increased market share in high-pressure cleaning equipment, which has significant market potential [2]