ZDG(SZ:000906)2022-10-30 12:14Group 1: Financial Performance - The company's net profit attributable to shareholders for Q3 2022 was 213 million yuan, which is the second highest in history, despite a slight year-on-year decline [1] - Total profit for the first three quarters reached 1.218 billion yuan, with a year-on-year increase of 28%, while the net profit attributable to shareholders increased by 11.35% [2] - The decline in non-recurring net profit is attributed to the complex nature of profits in the bulk commodity supply chain, where spot and futures profits must be considered together [2] Group 2: Business Operations - The company has seen a significant increase in physical volume, with steel maintaining steady growth, iron ore and oil products showing over 50% year-on-year growth, and new energy growing by 230% [2] - The company is focusing on optimizing organizational and business structures, aiming for stable and sustainable growth amidst complex economic conditions [3] Group 3: Strategic Outlook - The company plans to continue its strategic adjustments every five years to ensure long-term development and innovation [3] - Future expansion will focus on the new energy sector, particularly in energy storage and related industries [4] - The company aims to enhance its international business presence, with international operations accounting for approximately 15% of total business in 2021 [4] Group 4: Risk Management - The company employs a comprehensive risk management strategy that includes credit risk, commodity risk, price risk, and exchange rate risk [6] - A national warehousing and logistics network has been established with nearly 200 warehouses to mitigate risks associated with goods [6]