Shenzhen Kexin (300565)2024-12-12 12:22Financial Performance - In the first half of 2024, the company's operating revenue decreased by 31.18%, and the net profit attributable to the parent company fell by 37.95% [10] - The decline in performance is attributed to: 1. Delays in overseas customer project construction leading to reduced order volume and lower-than-expected sales revenue [10] 2. The energy storage sector is still in the market expansion phase, facing losses due to raw material price fluctuations and pricing pressures [10] 3. Increased depreciation and operating costs from the completion of the first phase of the 5G smart industrial park project, impacting overall performance [10] Strategic Focus - The company aims to focus on "domestic market as the foundation, developing both international and domestic markets" [2] - Plans to enhance internationalization through systematic marketing strategies and improving subsidiary operations to convert existing investments into effective outputs [3] - Emphasis on cost control, improving production efficiency, and profitability [3] Market Opportunities - The company is actively exploring overseas markets and strengthening cooperation with internationally renowned ICT equipment manufacturers [4] - The energy storage technology is seen as a key driver for low-carbon transformation in global energy systems, with significant growth potential in the commercial energy storage sector [8] - The company plans to leverage its strengths in network energy solutions to capture new market opportunities in data centers and energy storage [8] Risk Management - The company faces several financial risks, including macroeconomic risks, changes in industry policies, and intensified market competition [7] - Measures to address these risks include adjusting product structures based on market conditions and exploring new customer segments in household and commercial energy storage [7] Product Development - The company has developed a series of diversified applications for 5G site energy products, focusing on energy efficiency and reducing carbon emissions [9] - Ongoing efforts to enhance R&D capabilities and product innovation in response to the growing demand for 5G technology and data center infrastructure [9] Investor Engagement - The company maintains open communication with investors, ensuring timely and accurate information disclosure [10] - Regular updates on shareholder numbers and performance metrics are provided through periodic reports [3]