JL(300589)2024-03-19 12:33Group 1: Market Opportunities - The future demand for high-speed passenger boats is expected to be significant in regions such as the Pearl River Delta, Shandong Peninsula, Zhoushan Archipelago, and Nansha Islands [2] - The public enforcement vessel market is characterized as an incremental market due to its steady development over the past decade, supported by national strategies [2] Group 2: Challenges in New Energy Vessels - Key challenges in developing new energy transport vessels include achieving standardization in vessel design and reducing construction costs [3] - The need for improved supporting facilities, such as charging and battery-swapping stations, is critical for industry advancement [3] Group 3: Revenue Structure - As per the 2023 semi-annual report, the revenue structure of the company is as follows: public enforcement vessels (50.65%), leisure tourism vessels (34.83%), and special operation vessels (12.71%) [3] Group 4: Talent Acquisition and Retention - The company is enhancing recruitment efforts from maritime professional schools and research institutions to attract top talent [3] - A comprehensive performance evaluation system and employee training programs are in place to retain talent, along with an employee stock ownership plan to incentivize key personnel [3] Group 5: Future Development Prospects - The company has established a strong reputation in the public enforcement and leisure tourism vessel markets, which aids in securing ongoing orders [3] - The company is targeting emerging markets such as wind power operation vessels and new energy vessels, investing in R&D and sales efforts [3]