Shenyang Yuanda Intellectual Industry (SZ:002689)2022-12-07 08:41Financial Performance - In the first three quarters of 2015, the company achieved total operating revenue of 1,112.565 million yuan, with a net profit attributable to shareholders of 61.8631 million yuan, reflecting a year-on-year growth of 5.78% in net profit [3][4]. Business Model Advantages - The high direct sales ratio allows the company to better control sales channels and facilitates the development of installation and maintenance services, contributing to profit growth [3][4]. Overseas Expansion - Establishing factories overseas can reduce taxes and costs while leveraging local market demands to enhance product competitiveness, thereby improving overall performance and risk resistance [4]. Product Applications - The company's escalators are primarily used in public construction projects such as subways and airports, with a smaller portion utilized in commercial real estate [4]. Recent Acquisitions - The company approved the acquisition of technology for intelligent grinding robots and 100% equity of Shenyang Yuanda Environmental Engineering Co., Ltd. in August and September 2015 [4]. Future Investments - The planned intelligent grinding robots will be applicable in various fields, including marine propulsion systems and aluminum alloy wheels, significantly improving polishing and grinding precision and speed [5].