智能自控(002877) - 2024年6月7日投资者关系活动记录表

Company Overview - Wuxi Intelligent Control Engineering Co., Ltd. was established in 2001 and specializes in the design, research and development, production, and sales of intelligent control valve products. The company went public on the Shenzhen Stock Exchange in June 2017 and is recognized as a national high-tech enterprise with over 200 patents [2][3]. Financial Performance - In 2023, the company achieved a total revenue of CNY 1.024 billion, representing a year-on-year growth of 18.76%. The net profit for the same year was CNY 105 million, with a year-on-year increase of 25.51% [3]. - For Q1 2024, the company reported revenue of CNY 222 million, a year-on-year growth of 26.47%, and a net profit of CNY 14.18 million, up by 3.61% [3]. Market Position - The domestic control valve market is segmented into high-end, mid-high-end, and ordinary products, with mid-high-end products holding the largest market share, primarily dominated by foreign brands. The company currently holds approximately 2% market share [3][4]. - Over 60% of the control valve market is monopolized by foreign products, especially in the high-end segment [3]. Customer Composition - In 2023, the company's business composition included approximately 65% from the petrochemical sector, 20% from new energy and new materials, and 15% from other industries [4]. Competitive Factors - Key competitive factors for the company include: - Emphasis on enhancing development capabilities and technical innovation, with over 200 patents to date [4]. - Product reliability, which encompasses quality, stability, and lifespan [4]. - Capability to provide tailored system solutions for clients [4]. - Cost advantages in pricing [4]. - High-quality additional services that enhance customer loyalty [4].