JZ GROUP(SZ:300040)2022-12-06 23:31Group 1: Company Overview - Harbin Jiuzhou Electric Co., Ltd. was established in August 1997 and registered in Harbin, Heilongjiang Province [1] - The company transitioned from a power electronics manufacturer to a provider of intelligent electrical equipment and energy efficiency solutions after selling its high-voltage inverter business for 530 million RMB [1][2] - The company moved to a new production base in June 2014, covering an area of 300,000 square meters with a capacity of 800 million RMB [2] Group 2: Business Strategy and Development - The company aims to construct over 300 MW of power stations annually over the next three years, with a target of achieving over 200 MW of new energy projects connected to the grid in 2016 [2] - Plans to sign over 2 billion RMB in new energy contracts, which will drive product sales of 200 million RMB [2] - The company reported its first loss in 2014 due to declining main business and increased sales expenses, with traditional industries still facing losses in 2015 [2] Group 3: Future Plans and Market Position - The company plans to achieve a net profit of 200-300 million RMB by the end of 2017 and hold over 1 GW of new energy generation capacity [3] - Future profit sources will include sales of smart grid products, EPC (BT) construction, and revenue from energy internet projects [3] - The company is developing charging station technology and plans to actively participate in bidding for charging facilities [3]