SZHL(002255)2022-11-21 16:14Group 1: Company Overview - Suzhou Hailu Heavy Industry Co., Ltd. was established in 2008, initially focusing on industrial waste heat boilers, large and special pressure vessels, and nuclear safety equipment manufacturing and sales [2]. - The company has diversified its business through acquisitions, including the purchase of 100% of Zhangjiagang Ge Rui Environmental Engineering Co., Ltd. in 2015, which specializes in wastewater treatment and solid waste disposal [2]. - The current business structure includes three main areas: industrial waste heat boilers, environmental comprehensive treatment services, and photovoltaic power station operations [2]. Group 2: Product and Market Position - The company holds the leading position in the domestic market for special waste heat boilers, with a significant market share and recognized qualifications and certifications [3]. - Hailu Heavy Industry is a key player in drafting national standards for dry quenching waste heat boilers and maintains a leadership position in the converter waste heat boiler and non-ferrous metallurgy waste heat boiler sectors [3]. - The company has a strong order backlog, primarily serving central and state-owned enterprises, ensuring stable production and operations [3]. Group 3: Nuclear Safety Equipment - Hailu Heavy Industry obtained manufacturing qualifications for nuclear safety equipment in 1998 and has developed critical components for nuclear reactors, reducing reliance on foreign imports [3]. - The company is actively involved in the nuclear power sector, with increasing orders for nuclear products, indicating a successful strategic transformation [3]. - Key orders include components for the 'Hualong One' and CAP1400 third-generation nuclear technologies, showcasing the company's competitive edge in the nuclear industry [3]. Group 4: Financial Performance - The company projects a revenue growth of over 20% for the fiscal year 2021, based on operational goals and business plans [4]. - This projection is contingent on various factors and does not represent a definitive profit forecast for 2021, highlighting the need for investor caution [4].