Group 1: Investor Relations Activity - The investor relations activity was a specific target research event held on May 14, 2024, at the company's first-floor conference room, attended by CITIC Securities and hosted by the board secretary, Mr. Guo Shihao [2][3]. Group 2: Overseas Market Expansion - The company has established an international trade department to explore overseas markets and has initiated projects with international engineering companies [3][4]. - In April 2024, the company participated in the Hannover Power Exhibition in Germany and conducted a business inspection tour in Sierra Leone in May 2024 to expand its overseas business [4]. Group 3: Future Development Strategy - The company's future development will focus on a new power system centered around renewable energy, digital distribution networks, and microgrid projects, aiming to support the national "dual carbon" goals [5]. - Key areas of focus include enhancing the power supply support system, developing renewable energy utilization systems, and establishing large-scale energy storage applications [5]. Group 4: Profit Margin Analysis - The gross margin of the distribution automation system products has decreased due to changes in product structure, with a higher proportion of sales from distribution automation products in 2023 compared to 2022 [6]. - The company has shifted its sales strategy towards large quality clients like State Grid and China Power Investment, leading to increased revenue and gross margin for distribution automation system products [6]. Group 5: Renewable Energy Revenue Growth - In 2023, the company's renewable energy business achieved sales revenue of CNY 186.83 million, with renewable equipment sales contributing CNY 98.67 million (52.81%) and renewable construction services contributing CNY 88.16 million (47.19%) [7][8]. - The growth in renewable energy revenue is attributed to the company's expansion in the commercial photovoltaic market and significant investments from State Power Investment in response to national dual carbon policies [8].
许昌智能(831396) - 投资者关系活动记录表