Jikai(SZ:002691)2023-04-27 04:18Group 1: Company Overview - Jikai Equipment Manufacturing Co., Ltd. focuses on R&D, manufacturing, sales, and service of mining machinery, including support tools, safety drilling rigs, tunneling equipment, and transportation machinery [2][3]. - As of December 31, 2022, the company employed 804 people [3]. Group 2: Financial Performance - Guizhou Xingmao Mining Equipment Manufacturing Co., Ltd., a wholly-owned subsidiary, generated revenue of CNY 19.47 million and a net profit of CNY 1.19 million in 2022 [3]. - The company reported a net loss of CNY 2.23 million in Q1 2023, a shift from profit to loss compared to the previous year [3][4]. Group 3: Future Plans and Market Strategy - The company aims to capitalize on the recovering coal machinery market in 2023, focusing on expanding its core business in coal machinery manufacturing [2]. - Management plans to enhance product diversity, accelerate new product development, and strengthen market promotion to improve overall market share and profitability [3][4]. Group 4: Shareholder Engagement - The company acknowledges that stock prices are influenced by various factors, including macroeconomic conditions and market sentiment, and is committed to improving operational management and R&D efforts to enhance profitability [4].