The first interim report after the acquisition of Sany Lithium Energy, Sany International's performance is more interesting!

On August 29,Sany International's 2024 Interim Results BriefingIt was successfully held in Hunan Zhuzhou Sany Silicon Energy Industrial Park, at which the 2024 semi-annual operating results were announced.

Yi Xiaogang, Director, Executive President, Chief Engineer and Chairman of Sany Lithium Energy, Yuan Jinhua, Director of Sany Group and Chairman of Sany Energy Equipment, Dai Qinghua, Director of Sany Group and Chairman of Sany Silicon Energy, Qi Jian, Director of Sany Group and Chairman of Heavy Equipment Division, Fu Weizhong, Chairman of Sany Offshore and other management attended the meeting.

As of June 30, 2024, in the context of the downward scale of the domestic coal equipment industry,Sany International's revenue was about 10.8 billion yuan, the same as the same period last year.The market share of core products has increased steadily, among which:Logistics equipment sectorThe performance was outstanding, achieving revenue of 3.6 billion yuan, a year-on-year increase17%。Overseas incomereached 3.8 billion yuan, a year-on-year increase18%。Among them, the overseas revenue of the mining truck, large port machinery and small port machinery business all achieved double-digit growth.

Sany International adheres to the group's high-quality development policy,In the first half of the year, the comprehensive gross profit margin was about 24.4%, and the net profit attributable to the parent company was 1.033 billion yuan.thereintoMining equipment sectorThe gross profit margin was approximately 28.6%, an increase year-on-year2.4 percentage points。

For the business outlook for the second half of 2024, the management proposed: the mining equipment sector should stabilize the domestic fundamentals, expand overseas sales, and the profit will be basically flat; The logistics equipment sector should strive to achieve a revenue growth rate of >20% throughout the year; The silicon energy sector is operating steadily, and striving to achieve breakeven throughout the year under the severe competition pattern of the photovoltaic industry; New industries should focus on core products and businesses and shrink losses.

Yi Xiaogang introduced to investors that from July 2024, Sany Lithium Energy will be officially injected into Sany International, mainly providing the world's leading microgrid, energy storage and energy charging solutions. He also elaborated on the market competitiveness and strategic planning of Sany Lithium Energy to the participating investors, which was well received by the participating investors.

On the day of the results release, Sany International's closing stock price was HK$4.49, up 9.25% during the day.