WEIGUANG(SZ:002801)2023-03-01 04:16Financial Performance - In 2022, the company achieved a revenue of 1,204.77 million CNY, representing a year-on-year growth of 8.38% [3] - The net profit attributable to shareholders was 307.76 million CNY, with a year-on-year increase of 20.96% [3] - In Q4 2022, sales revenue was 271.98 million CNY, showing a year-on-year decline of 14.26% and a quarter-on-quarter decline of 2.63% [3] - Domestic sales revenue decreased by 17.77% year-on-year, while foreign sales revenue decreased by 11.33% year-on-year [3] ECM Motor Growth - The ECM motor segment experienced a significant growth of 54.50% in 2022 [3] - Foreign sales of ECM motors contributed more significantly compared to domestic sales, with both segments showing growth [3] - In 2022, foreign sales increased by 27.04% year-on-year [3] Market Challenges and Opportunities - The company faces intensified competition in overseas markets, with both challenges and opportunities identified [3] - New potential high-quality clients have been identified, with some expected orders exceeding 10 million CNY [3] - The company emphasizes the need for timely responses and high-quality service to succeed in a competitive environment [3] Profitability and Future Outlook - The overall gross margin improved compared to 2021, with expectations to maintain a reasonable level around 30% [3] - The company sees significant market opportunities in the energy storage sector, although its current sales contribution remains relatively small [3] Product Development Focus - Future product development will focus on high-efficiency, energy-saving, intelligent control, and green products [4]