DMEGC(002056) 每日经济新闻·2025-04-17 10:43Core Viewpoint - Hengdian East Magnetic's 2024 annual shareholder meeting highlighted the company's resilience in the photovoltaic industry despite a challenging market environment, with a focus on differentiated strategies and strategic material reserves [2][3]. Financial Performance - In 2023, Hengdian East Magnetic achieved operating revenue of 18.559 billion yuan, a year-on-year decrease of 5.95%, while net profit attributable to shareholders was 1.827 billion yuan, a slight increase of 0.46% [2][9]. - The photovoltaic segment generated revenue of 11.070 billion yuan, down 13.36% year-on-year, but the shipment volume reached 17.18 GW, marking a significant increase of 72.64% [2]. Strategic Initiatives - The company is focusing on a differentiated strategy, offering a range of unique products such as black components, greenhouse systems, and floating products, which cater to various market needs and have gained high recognition in regions like Europe and Japan [3]. - Hengdian East Magnetic is actively involved in developing complementary photovoltaic projects, including three fishing-light complementary photovoltaic power generation projects initiated in early 2024 [3][4]. Market Conditions - The company noted that recent U.S. tariffs on Chinese products have had minimal impact on the domestic photovoltaic industry, as previous measures had already limited exports to the U.S. [2]. - The company has strategically reserved raw materials during a price downturn, including silicon materials and glass, to prepare for anticipated market fluctuations [6]. Inventory and Production - As of the end of 2024, the company's inventory reached 3.749 billion yuan, accounting for 15.48% of total assets, an increase of 6.26 percentage points from the beginning of the year, attributed to increased production scale and strategic inventory [6].