Yongfu(SZ:300712)2023-08-31 01:21Group 1: Financial Performance - In the first half of 2023, the company achieved operating revenue of 241.586 million CNY, a year-on-year decrease of 42.47% [1] - The net profit attributable to shareholders was 21.9689 million CNY, down 22.95% compared to the same period last year [1] - The decline in net profit was primarily due to changes in the revenue structure of the company's business [1] Group 2: Business Development - The company's emerging business (household photovoltaic products and digital energy) is expected to account for over 30% of revenue in the second half of 2023, although it is still in the early stages of development [1] - Household photovoltaic products generated revenue of 261 million CNY in the first half of 2023, representing a growth of 206.31% compared to 2022 [2] - The company is expanding its household photovoltaic business from Fujian to Guangdong, Guangxi, and Jiangxi [2] Group 3: Project Acquisition and Market Expansion - The company has successfully bid for several projects, including a 50MW photovoltaic project in Tibet and various EPC projects [1][2] - The company is focusing on traditional business strengths while also promoting new energy and digital energy solutions [4] - The international market is a key focus, with operations in Southeast Asia, Africa, and the Middle East, targeting "Belt and Road" countries [3] Group 4: Future Outlook - The company anticipates better project execution in the third and fourth quarters of 2023, as clients finalize their annual investment plans in the first half of the year [4] - Strategic planning will guide the company in enhancing market development and achieving annual operational goals [4]