Tongyu Heavy(SZ:300185)2023-09-06 11:19Group 1: Sales Performance - In the first half of the year, the company sold approximately 2,900 wind power main shafts, including about 1,600 forged main shafts and 1,300 cast main shafts, showing a significant growth trend in cast main shafts compared to last year [2] - The gross profit margin of the company's cast products increased by 63.94% year-on-year, attributed to a full production schedule and stable raw material prices [2] Group 2: Product Development and Market Strategy - The company is a significant comprehensive R&D and manufacturing platform for large industrial equipment, focusing on various sectors including energy, petrochemicals, and marine engineering [3] - The company plans to expand its market for marine and hydropower forgings while enhancing the development of the mining and cement forging markets internationally [3] Group 3: Future Outlook - The company aims to leverage its R&D manufacturing platform to capture orders for high-value products such as offshore wind components and pumped storage forgings, while also increasing its overseas revenue share [3] - The company will optimize resource allocation around its core business and expedite the disposal of low-yield assets to enhance profitability and development quality [3]