SHAREATE(SH:688257)2024-03-01 10:10Group 1: Sales Performance - The company achieved operating revenue of 155,007.19 million yuan in 2023, representing a year-on-year growth of 30.95% [3] - Revenue from hard alloy products increased by 22.23%, while revenue from hard alloy tools grew by 23.21% [3] - New business in oil instruments generated revenue of 13,538.56 million yuan [3] Group 2: Product and Market Strategy - The company focuses on domestic sales for hard alloy products, while international sales account for a significant portion of hard alloy tool sales [2] - The company has developed a comprehensive range of rock drilling tools, including roller bits, down-the-hole hammers, and top hammer drilling tools [4] - To expand overseas, the company enhances existing product capabilities, develops new products, and optimizes comprehensive solutions for mining consumables [3] Group 3: Future Outlook - The management aims to become an international manufacturer and service provider in the hard alloy and rock drilling tool sectors [4] - Plans include increasing R&D investment in strategic products and developing two major R&D centers for hard alloys and rock drilling tools [4] - The company will focus on capital operations, particularly mergers and acquisitions that align with its main business and supply chain [4]