LEO(002131)2022-11-22 03:06Group 1: Business Performance and Financials - The company achieved a net profit attributable to shareholders of 4.771 billion in 2020, a 1451.47% increase compared to 2019 [2] - The net profit for Q1 2021, excluding non-recurring gains and losses, was 88.7738 million, a 10.17% increase year-on-year [2] - The company’s revenue from digital marketing services exceeded 7 billion in 2020, with a year-on-year growth of 17% [2][6] Group 2: Investments and Shareholding - The company holds 5,186,176 shares of the newly listed Xinfengguang, which has significantly appreciated in value since the investment [2] - The company has invested in several firms, including Ideal Auto and Xinfengguang, both of which are now publicly listed [2][9] - The company has a cash management strategy with 3 billion authorized for financial management, indicating no immediate plans for stock buybacks [5] Group 3: Business Strategy and Future Outlook - The company plans to continue strengthening its mechanical manufacturing business while expanding its digital marketing services [2][4] - The digital marketing sector is identified as a key growth area, with ongoing efforts to enhance capabilities in short video and information flow marketing [10] - The company aims to improve operational quality, optimize customer structure, and enhance cash flow in the coming years [10] Group 4: Market Position and Competitiveness - The company’s industrial pump products are leading in the domestic market for large water conservancy projects, with contracts totaling approximately 35% of all industrial pump contracts in 2020 [6] - The company maintains a competitive edge in manufacturing capabilities, international marketing, and technological innovation [7] - The company is actively pursuing collaborations with major media platforms to enhance its advertising business [6][10]