NXGF(SZ:002757)2023-09-06 10:34Group 1: Company Performance - In the first half of 2023, the company's operating revenue reached 1.832 billion CNY, a year-on-year increase of 30.11% [2] - The net profit attributable to shareholders was 162 million CNY, reflecting a year-on-year growth of 10.01% [2] - Revenue from specialized equipment amounted to 1.047 billion CNY, with a year-on-year increase of 34.87% [2] - IDC business revenue for the same period was 785 million CNY, showing a year-on-year growth of 24.26% [3] Group 2: Industry Insights - The woodworking machinery industry remains relatively stable despite fluctuations in the real estate market, driven by the rise of customized home furnishings [3] - The demand for upgraded production equipment is increasing to meet the flexible production needs of the customized home furnishing sector [3] - Domestic equipment is becoming more cost-effective, with some technologies surpassing foreign counterparts, leading to an irreversible trend of import substitution [3] Group 3: Order and Market Outlook - The company has a healthy order backlog, with increased demand from regional distributors and leading enterprises for new production lines [3] - Recent real estate policies are expected to stimulate both new and second-hand housing markets, positively impacting the renovation market [3] - The company is optimistic about market conditions for the second half of the year [3] Group 4: Product and Technology Development - The company has optimized and upgraded its products across various stages, introducing new products for cutting, drilling, and edge banding [3] - The dual-station six-sided drilling machine can achieve processing efficiency of over 9 pieces per minute, meeting customer demands [3] - The latest laser edge banding machine is a domestically developed innovation, with major clients transitioning to fully domestic production lines [3] Group 5: International Market Performance - The company's export volume has reached a historical high, with specialized equipment exports accounting for approximately 18% in the first half of 2023 [4] - There is significant potential for international sales growth, particularly in BRICS countries and regions involved in the Belt and Road Initiative [4] Group 6: Financial Considerations - In 2023, the company distributed a cash dividend of 177,273,547.80 CNY (tax included) for the 2022 fiscal year [4] - The proposed cash dividend for the first half of 2023 is 3 CNY per 10 shares, totaling 88,636,773.90 CNY (tax included) [4] - The company aims to balance shareholder returns with long-term business development needs [4]