HAIMO(SZ:300084)2022-11-22 02:52Group 1: Financial Performance and Stock Price - The company's stock price has seen significant declines: 39.19% in 2017, 32.51% in 2018, 6.09% in 2019, 6.82% in 2020, and 18.9% in 2021, resulting in a total drop of 66.32% from 11.61 CNY per share to 3.91 CNY per share [3][4] - The company has distributed a total dividend of 0.04 CNY per share (pre-tax) since 2017, reflecting a low dividend yield [5][6] - As of March 31, 2021, the number of shareholders was reported to be 23,231 [3][4] Group 2: Asset Management and Strategic Decisions - The company has decided not to continue investing in U.S. oil and gas assets due to the impact of the COVID-19 pandemic and changes in international political and economic conditions [2][4] - The company plans to sell related oil and gas assets at an appropriate time, having fully impaired its U.S. shale oil assets [10][11] - The management emphasizes a shift in investment strategy focusing on high-end oilfield equipment manufacturing and digitalization of oilfields [3][4] Group 3: Future Outlook and Business Strategy - The company aims to strengthen its traditional market advantages while actively adjusting its business structure and integrating resources to enhance market expansion and new product promotion [10][11] - The global underwater oil and gas equipment market is projected to reach tens of billions of USD annually, with significant growth expected in the domestic market [6][11] - The company is committed to developing new products in underwater production systems and oilfield digitalization, with a goal for smart completion products and digital products to exceed 50% of total sales [10][11] Group 4: Corporate Governance and Investor Relations - The company is currently undergoing a process to transfer shares to state-owned investors, which is pending approval [4][5] - The management reassures investors that there is no risk of delisting, despite recent financial losses [8][9] - The company has received a total of 318 patents and 87 software copyrights, indicating a strong focus on innovation and technology development [12]