WISCOM(SZ:002090)2022-12-06 08:20Company Overview - The main business segments of the company include smart grid, smart city, power design and engineering services, and new energy investment operations, which exhibit certain internal synergies [2] - The company has been actively integrating the industry through various synergistic acquisitions to enrich its industrial chain layout [2] Strategic Development - The company is exploring a "production-finance integration" model, planning to raise funds through a private placement to participate in the capital increase of Zhongjin Leasing, aiming to strengthen its main business [3] - The collaboration with Zhongjin Leasing is intended to achieve synergistic development through "complementary advantages" and "production-finance integration" [3] Business Operations - Currently, the company operates three photovoltaic power stations in Bulgaria (total capacity of 10 MW) and a wind power station in Xinjiang (49.5 MW) [5] - The EPC contracting business includes a large-scale project of four wind power stations in Inner Mongolia with a total capacity of 198 MW [5] - The company plans to prioritize a relatively light asset operation model to alleviate financial pressure and asset burden [5] Smart City Development - The smart city business constitutes about half of the company's main business revenue, although it has seen slower growth due to the real estate market impact [5] - As of October 2016, the company has won bids totaling over 150 million yuan in the Xinjiang region, which has become its largest market for smart city business [5] Financial Performance - The company expects a net profit of between 100 million and 150 million yuan for the full year, with a significant increase in net profit after excluding non-recurring gains from the previous year [7] - The company focuses on long-term business synergies in acquisitions rather than short-term performance [8]