北方国际(000065) - 北方国际调研活动信息

Group 1: Impact of COVID-19 - The company has prioritized pandemic prevention measures, aiming for a "zero COVID" target since February 10, 2020, while gradually resuming operations [2] - As of the report, all domestic units have achieved stable operations in accordance with local government regulations [3] - The company signed a three-year loan agreement for $110 million with China Development Bank to support resumption of work and production [3] Group 2: International Business Development - Despite the pandemic, the company successfully signed a $226 million operation and maintenance project in Pakistan on February 25, 2020 [3] - The company has actively pursued international engineering projects, with the first batch of equipment for the Croatia wind power project successfully delivered [3] Group 3: Financial Management - The company has implemented financial derivatives trading to hedge against foreign exchange risks, particularly due to its significant dollar-denominated assets [4] - As of September 2020, the net value of accounts receivable was 5.405 billion yuan, primarily due to the Bangladesh coal-fired power project not meeting contract payment conditions, resulting in 2.477 billion yuan in receivables [4] Group 4: Future Development Strategy - The company aims to leverage the "Belt and Road" initiative, focusing on international engineering, trade, and capacity cooperation [4] - It plans to enhance its integrated project operation capabilities and accelerate transformation and upgrading to achieve high-quality development [4]