智能自控(002877) - 2023年09月18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. The company went public in June 2017 and is recognized as a national high-tech enterprise with over 180 patents [2][3]. Financial Performance - In the first half of 2023, the company reported a revenue of 450 million yuan, representing a year-on-year growth of 17.89%. The net profit attributable to shareholders was 42.91 million yuan, with a significant increase of 71.18% compared to the previous year [3][4]. Market Position - The domestic control valve market is valued at approximately 60 billion yuan, with an annual growth rate of 5%-6%. The company holds a market share of about 1.5%, indicating a significant opportunity for growth as the trend of domestic substitution for control valves continues [3][4]. Product Categories - The main products include control valves, regulating valves, and switch valves, which are essential for various industries. The company has a balanced product portfolio, with both types of valves being key contributors to its business [3][4]. Industry Segmentation - The company’s business distribution is as follows: approximately 65% in the petrochemical sector, 25% in new energy and new materials, and 10% in other fields. The company is expanding its market presence in the new energy and environmental sectors, which are aligned with national energy strategies [4][5]. Competitive Advantages - The company has several competitive advantages: - Import Substitution: Focus on replacing foreign products with domestic offerings through scale, R&D, and quality service [5][6]. - Product Innovation: Continuous investment in R&D has led to a strong portfolio of over 180 patents [5][6]. - Service Excellence: The company provides comprehensive maintenance and repair services, enhancing customer trust and collaboration [5][6]. - Talent Pool: A stable and skilled management team contributes to efficient operations and strategic alignment [6][7]. - Brand Recognition: Years of specialized development have established a strong brand presence and customer loyalty [7][8].