Watertek(300324)2024-06-05 10:28Financial Performance and Losses - The company has been experiencing continuous losses for several years, with a significant reduction in losses in 2023 [2][5] - In 2023, the company achieved a revenue of 3 billion yuan, a year-on-year increase of 22.31% [2][5] - The company's cash position as of December 31, 2023, was 1.368 billion yuan [10] Strategic Initiatives and Future Plans - The company is focusing on digitalization and intelligent product systems, promoting efficient business integration, and exploring new productive forces [2][6] - It is actively deploying in the fields of artificial intelligence, cloud computing, big data, and the Internet of Things, aiming to become a leading provider of industry intelligent solutions [3][6] - The company is committed to improving operational efficiency, reducing costs, and increasing efficiency through organizational and business structure optimization [5][6] Investor Concerns and Responses - Investors are concerned about the company's continuous losses, stock price decline, and the possibility of becoming an ST stock [2][3] - The company assures that there is no risk of becoming an ST stock and is striving to turn losses into profits [2][3] - Management salaries are tied to company performance, and the company is considering the feasibility of stock repurchase [2] Corporate Governance and Transparency - The company adheres to legal and regulatory requirements for operations and information disclosure [2][3] - It denies any financial fraud and emphasizes strict compliance with financial accounting standards [7][12] - The company is open to introducing strategic investors and is focused on enhancing shareholder value [12] Market and Industry Trends - The company recognizes the importance of the artificial intelligence era and is leveraging industry trends to reshape development ecosystems [3][6] - It is actively involved in the construction of industry AI chips, big data, and AI applications, aiming to provide digital, data intelligence, and secure products and solutions [3][6] Subsidiaries and Joint Ventures - The company has multiple subsidiaries and joint ventures, with specific financial data available in the annual report [4][9] - It is actively expanding its business in areas such as intelligent detection and application verification [12] Regulatory and Legal Compliance - The company has not been subject to regulatory investigations and maintains that its operations are in compliance with laws and regulations [7][12] - It has addressed concerns regarding the passive reduction of shares by major shareholders and ensures transparency in related matters [5][12]