CREAT(SZ:002350)2022-12-07 08:38Financial Performance - The company achieved a revenue of 866 million yuan in the first three quarters of 2015, a decrease of 6.15% year-on-year [2] - The net profit attributable to shareholders was 5.6521 million yuan, down 86.38% year-on-year [2] - The estimated net profit decline for 2015 is projected to be between 18.51% and 59.26% [2] Order and Product Information - The company reported a balanced order situation, with new bids from the State Grid Corporation in October and November [3] - Major products with significant bidding proportions include box transformers and switchgear [3] - The company has successfully bid for non-crystalline alloy transformers under the box transformer category [4] Production and Capacity - From October, the order execution situation improved, and the production schedule is currently full due to the peak shipping season in Q4 [4] Future Development and Strategy - The company plans to transition from solely manufacturing electrical equipment to a dual-driven model that includes electrical services [5] - Currently, the revenue from electrical services is relatively small [5] - Two potential models for expanding electrical services include acquiring local companies or forming partnerships with local teams [5] Subsidiary Operations - Zhengzhou Kaixin Electric Co., Ltd. primarily engages in construction projects for 110kV and below power lines and related services [6] International Business - The company exports products such as fault indicators, reclosers, and cable accessories, and is working to expand its international business [6]