OMH(300486)2024-07-16 07:26Group 1: Impact of Raw Material Prices - The company is significantly affected by fluctuations in raw material prices, particularly steel and electrical components, which could lead to increased product costs if prices continue to rise [3] - Measures taken for cost control include monitoring raw material market trends, effective supplier management, and improving production processes to reduce waste [3] Group 2: Dividend Policy - The company has established a stable profit distribution policy, prioritizing cash dividends when conditions allow [4] - Cash dividend distribution conditions include having positive distributable profits and sufficient cash flow, with a minimum cash dividend ratio of 10% of the annual distributable profits [4] - The company aims for cash dividends to account for at least 30% of the average distributable profits over three consecutive years [4] Group 3: International Orders and Delivery Cycles - The company has expanded its international presence since 2013, with projects in various countries including the USA, Germany, and Australia [5] - The overall delivery cycle for projects ranges from 6 to 18 months, influenced by project scale and client cooperation [5] Group 4: Payment Collection Model - The typical payment collection model consists of prepayment, shipment payment, final acceptance payment, and warranty payment, with a representative ratio of 30%:30%:30%:10% [5] - Payment timelines may vary based on client circumstances, often leading to slower collection of final acceptance payments [5] Group 5: Recent Revenue Performance - The company's revenue from 2019 to 2023 was as follows: 698 million, 736 million, 1.034 billion, 1.299 billion, 1.143 billion, and 872 million CNY, indicating an average revenue level around 1 billion CNY [7] Group 6: Understanding of New Quality Productivity - New quality productivity is characterized by innovation-driven, high-tech, and high-quality production capabilities, aligning with new development concepts [6] - The company aims to integrate advanced technologies into its operations to enhance product offerings and drive overall industry upgrades [6]