IESLAB(SZ:002339)2022-12-08 09:24Group 1: Financial Performance - As of the end of Q3, the company's operating income increased by 11.99% year-on-year, and the net profit attributable to shareholders grew by 9.93% [2] - The expected year-on-year change in net profit attributable to shareholders for the entire year is between 10% and 30% [2] Group 2: Product Performance - The electric power products achieved good performance in the first three quarters, benefiting from the centralized bidding projects of the State Grid [3] - The company’s product lines are diverse, which helps mitigate market fluctuation risks, unlike companies with a single product line [3] Group 3: Public Utility Sector - The public utility sector mainly involves water and gas industries, providing automated overall solutions [4] - The company’s smart remote water meters have been promoted in over 10 provincial capitals, leading to a strong market share [4] Group 4: Corporate Actions - Zhang Yuefei, a long-time shareholder, increased his stake in the company due to positive industry outlooks and personal financial arrangements [4] - The company’s inventory is high due to a significant proportion of shipped goods awaiting customer acceptance before revenue recognition [5]