智能自控(002877) - 2024年3月12日投资者关系活动记录表

Company Overview - Wuxi Intelligent Control Engineering Co., Ltd. was established in 2001 and specializes in the design, research and development, production, and sales of intelligent control valve products, emphasizing domestic production and technological innovation [2] - The company was listed on the Shenzhen Stock Exchange in June 2017 and is recognized as a national high-tech enterprise and a national specialized "little giant" enterprise [2][3] - The company holds over 180 national patents and has established multiple subsidiaries and service stations across the country [3] Financial Performance - In 2023, the company reported a revenue of 1,024.31 million yuan, representing a year-on-year growth of 18.76% [3] - The net profit attributable to shareholders was 107.15 million yuan, with a year-on-year increase of 28.13% [3] - The company has seen a continuous growth trend in both revenue and net profit, with production capacity and order delivery capabilities steadily improving [3] Product Lifecycle and Market Position - The typical design lifespan of control valve products ranges from 3 to 15 years, with actual usage often exceeding this period [3] - The company differentiates itself from foreign manufacturers by improving manufacturing standards and benefiting from national policies supporting domestic production [4] - Domestic control valve products are gradually closing the gap with foreign products, with increasing market share [4] Product Differentiation - Control valves are categorized into regulating valves and shut-off valves, with the former focusing on flow control and the latter on sealing and cutoff [4] - The company primarily adopts a direct sales model, targeting fixed asset investment projects in industries such as petrochemicals, steel, energy, and metallurgy [4] Operational Strategy - The company employs a "production based on sales" model, tailoring research, design, and manufacturing of control valve products to meet diverse customer needs [4]