TENGEN(605066)2024-12-05 07:35Group 1: Financial Performance - The company achieved a revenue of 104 million, a year-on-year decrease of 12.55% [1] - The net profit attributable to shareholders was 107 million, a year-on-year decrease of 2.20% [1] - The company plans to return 4.73% to shareholders [1] Group 2: Business Development and Strategy - The company aims to focus on low-voltage electrical components and complete product solutions [1] - A new brand development strategy was launched in 2023, emphasizing "trust" as the core value [2] - The company is investing in new production lines for new product series, enhancing its smart manufacturing capabilities [2] Group 3: Market Outlook and Challenges - The low-voltage electrical industry is stable, but the construction market is facing pressure due to reduced new construction area [2] - There is strong demand in various niche markets, particularly in renewable energy sectors like commercial photovoltaics and energy storage [2] - Companies must increase R&D investment to enhance product differentiation amid intense competition [2] Group 4: Export and Shareholder Information - The company's overseas export business has been growing, primarily to countries like Saudi Arabia and Kuwait, but still represents a small portion of total revenue [2] - The top 50 shareholders include the controlling shareholder, original shareholders, and public funds, with many original shareholders being long-term holders [2] Group 5: Future Plans and Communication - The company has no current plans for asset injection or acquisitions but will disclose any future plans as per regulations [3] - The company is committed to optimizing management capabilities to enhance operational performance and provide stable support for stock prices [3]