艾罗能源(688717) - 艾罗能源投资者关系活动记录表（2024年5月8日）

Group 1: Financial Performance - In 2023, the company achieved a revenue of 447,296.00 million, a decrease of 3.01% year-on-year [3] - The net profit attributable to shareholders was 106,461.74 million, down 6.12% year-on-year [3] - In Q1 2024, the company reported a revenue of 68,428.24 million and a net profit of 3,396.06 million [4] Group 2: Market Conditions - The demand in the household energy storage market decreased due to factors such as insufficient installation workers in European countries and falling electricity prices [3] - The company is actively expanding into markets in South Africa, North America, and Asia while developing domestic household energy storage applications [4][5] Group 3: Product Development and R&D - The gross margin for grid-connected inverters was 36.23%, while for energy storage inverters it was 52.62% [3] - R&D expenditure in Q1 2024 was 105,042,625.49, an increase of 83.52% year-on-year, primarily for personnel costs [5] - The company is focusing on developing high-power energy storage inverters (above 50kW) and large-capacity energy storage batteries (over 100 kWh) [6] Group 4: Operational Insights - The company has stable orders and is helping channels to reduce inventory, with Q1 2024 revenue showing a 46.9% increase compared to Q4 2023 [6] - As of December 31, 2023, the company had 802 R&D personnel [7] - The company is actively participating in the formulation of industry standards and promoting the integration of solar energy storage products in the domestic market [7][8]