Watertek(300324)2022-12-08 01:31Financial Performance - In the first three quarters of 2015, the company achieved a total operating revenue of 602.93 million yuan, an increase of 263.41% compared to the same period last year [2] - Operating profit increased by 6,540.80%, reaching 88.32 million yuan [3] - Total profit rose by 1,840.38%, amounting to 95.57 million yuan [3] - Net profit attributable to shareholders increased by 3,614.43%, totaling 34.24 million yuan [3] - In Q3 2015, net profit attributable to ordinary shareholders was 13.95 million yuan, up 268.44% year-on-year [3] Business Development - The significant growth in performance is attributed to: 1. Capitalizing on the "tax reform" and "interconnectivity" opportunities, enhancing operational capabilities at sales outlets, leading to explosive growth in tax control product sales [3] 2. Acquisition of Beijing Zhongruan Jinka Information Technology Co., which added new information technology services for the petroleum industry [3] Tax Control Business - As of Q3 2015, no new industries have been opened under the "tax reform" initiative, with most new industry tax rates announced by the State Administration of Taxation [4] - The company has increased investments in tax control business, expanding personnel and service outlets significantly [4] Future Plans - The company is focusing on product development tailored to specific industry needs and enhancing service capabilities through increased investment in service outlets [4] - The recent pilot of electronic invoices by the State Administration of Taxation is seen as a new development opportunity rather than a threat to the company's tax control business [4] Military Business Development - The company aims to develop capabilities in: 1. Embedded system development, testing, and simulation [7] 2. Lifecycle tools and testing for avionics products [7] 3. Design and development of battlefield communication and detection systems [7] 4. National defense big data applications based on spatiotemporal coding technology [7] 5. Equipment health management services [7] Shareholder Engagement - The chairman and general manager increased their holdings in the company, with 934,081 shares acquired through an asset management plan and 544,595 shares through an employee stock ownership plan [6]