On the evening of April twenty _ ninthNektancasinosDecai shares disclosed its 2023 annual report. According to the annual report, the company's main business continued to grow steadily in 2023, with an operating income of 61Nektancasinos03 million yuan, an increase of 8.25 percent over the same period last year, and a net profit of 156 million yuan. Against the backdrop of the declining prosperity of the industry, the company's cash flow remained robust, and the net cash flow generated by operating activities was 270 million yuan, an increase of 41.39% over the same period last year.
"Urban Renewal" and "Urban matching" are in parallel.
Data show that Ducai Co., Ltd. is a construction industry chain enterprise, covering interior decoration, curtain wall doors and windows, intelligence, ancient architecture, housing construction, municipal, design and other fields, can provide integrated design, procurement and construction services. The company has complete enterprise qualifications, so far, the company and its subsidiaries have obtained a total of 33 first-class (Class A) qualifications. Among them, the company has first-class (Class A) qualification in design, decoration, curtain wall, ancient construction, intelligence, construction, exhibition, museum, city and road lighting and other professional fields.
During the reporting period, Decai continued to develop two types of projects: "urban renewal" and "urban matching". "urban renewal" projects focus on the renovation of old residential areas, the protection and renovation of historical buildings, the development and construction of inefficient areas (parks), the transformation of villages in cities and the construction of indemnificatory housing. "Urban supporting" projects focus on municipal infrastructure (roads and bridges, underground pipe corridors, ecological infrastructure, etc.), public transport infrastructure, public service facilities ("dual use", science, education, culture and health, etc.). In 2023, the company's newly signed land projects accounted for less than 10% of the newly signed projects, the amount of newly signed "urban renewal" projects was about 2.8 billion yuan, and the amount of newly signed "urban supporting" projects was about 3.2 billion yuan. Urban renewal and urban supporting projects accounted for about 80% of the newly signed projects in the whole year.
Continuously optimize order structure and strengthen risk control
During the reporting period, the company continued to expand its business outside Shandong Province. Relying on regional marketing centers, projects were successively landed in Beijing, Shenzhen, Chengdu, Haikou, Wuxi, Yangzhou, Yancheng and other places, and achieved a breakthrough in the protection and repair of historic buildings and zero business of intelligent system doors and windows in the Beijing area, and the proportion of income outside the province increased by about 5 percentage points.
It is worth noting that during the reporting period, Decai shares attached great importance to risk control, continued to optimize the order structure, and further improved the order access standards in order screening, including, but not limited to, progress payment conditions, payment risk, start-up conditions and other indicators to ensure healthy cash flow and prevent enterprise operation risks. The company focuses on breakthroughs in large-scale projects and promotes high-quality marketing. Projects with more than 100 million yuan newly signed account for more than 60%.
According to the industrial adjustment combined with the comprehensive development policy of urban areas in "some measures to promote the comprehensive renewal and transformation of urban areas" in Shandong Province, the integration of production and cities will become a new growth point in urban renewal. Among them, high-tech enterprises in emerging industries will become the main force in the field of investment. The company has a keen insight into the market opportunities of emerging industries and increases the market development and marketing of emerging industrial enterprises. During the reporting period, the company continued to increase customers in emerging industries, including biomedicine, new energy vehicles, artificial intelligence, energy saving and environmental protection, CNC machine tools, intelligent manufacturing and other fields.
Actively create the second growth curve
On the basis of the continuous development of urban renewal and urban supporting projects, Decai shares actively seek intelligent transformation and the second growth curve.
In the field of design, Zhongfang Design Institute, a subsidiary of the company, as a well-known architectural design service provider in North China, successfully listed on the "New third Board" in December 2023. Relying on Zhongfang Design Institute, the company takes BIM technology as the core to establish a two-dimensional and three-dimensional integrated collaborative platform to realize full-professional forward BIM design, combined with 3D scanning, VR and other digital technology applications, promote the level of intelligent construction, run through the whole life cycle of design, construction, operation and maintenance, build a digital innovation system, and lay the foundation for the smart city.
In terms of intelligent manufacturing, the company's wholly-owned subsidiary Tecai Hi-Tech has designed and developed the first intelligent manufacturing production line of system doors and windows from feeding, processing to assembly. After the intelligent manufacturing line is fully put into use, it can greatly save labor costs, ensure stable product quality and supply cycle, and meet the needs of family customization and engineering customization at the same time. During the reporting period, Decai Hi-Tech was selected into the Shandong provincial digital workshop in 2023.
In terms of product building, during the reporting period, on the basis of continuously updating the intelligent manufacturing production line of the system doors and windows, Germany Yeru intelligent production equipment was introduced to make up the full-scale production blueprint of the whole series of intelligent manufacturing of system doors and windows. The intelligent profile composite piercing machine equipment is introduced, which can realize the free matching of indoor and outdoor profile colors, which lays a solid hardware foundation for the business development of customized system doors and windows. At present, Tecai Hi-Tech's product matrix has 19 products SKU, including Tianshu series, Venus series, Mars series and Gaia series.
Ducai shares said that in the future, it will closely follow the policy direction and industry trends, actively serve major national strategies such as "urban renewal", and focus on the strategic orientation of building "green intelligent whole industrial chain sample enterprises". Focus on the model of "using the whole industrial chain layout to serve the whole life cycle of construction", continue to expand business areas and market areas, and achieve sustainable and high-quality development of the company.
(article source: China Securities News, China Securities Network)
