BOAMAX(002514)2022-12-07 09:02Group 1: Business Performance and Market Trends - The demand for flue gas treatment in the industry continues to grow due to tightening environmental policies, with expectations for 2015 performance to exceed forecasts [1][2] - The main product, the flue gas flow monitoring instrument, has improved accuracy from approximately 20% error to around 1.5% error, receiving environmental product certification in February 2014 [2] - The company anticipates that the flue gas flow monitoring product will contribute positively to the performance in 2015, with no risks associated with performance guarantees [2] Group 2: Strategic Acquisitions and New Technologies - The acquisition of Shanghai Apani, the only designated partner of Swedish Apani in China, is aimed at enhancing the production and project transformation of high-pressure electrode boilers [3] - High-pressure electrode boilers utilize low-cost off-peak electricity, significantly reducing heating costs and improving efficiency compared to low-pressure electrode boilers [3] - The company expects strong demand for high-pressure electrode boiler projects, which will positively impact overall performance in 2015 [3] Group 3: Business Transformation and Future Outlook - The traditional sheet metal business is transitioning from low-end processing to high-end manufacturing, with stable cash flow despite some profit shrinkage due to industry fluctuations [4] - The acquisition of Shanghai Apani is expected to drive growth in the existing business, enhancing overall performance [4] - Recent equity changes have stabilized the company's ownership structure, with the largest shareholder holding 27.61% and management remaining focused on strategic development [4]