Shanghai Dazhong Public Utilities : Three Decades of Utility Sector Commitment, with Long term Doctrine to Chart a Steady Growth—The Company Held the 2023 Annual Investor Analyst Meet
May 30, 2024 at 01:26 am
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Three Decades of Utility Sector Commitment, with Long-term Doctrine to Chart a Steady Growth-The Company Held the 2023 Annual Investor-Analyst Meet
On May 16, the Company convened the Fiscal Year 2023 Investor-Analyst Meet in Hong Kong, engaging over 30 attendees comprising institutional financiers, equity analysts, and local press.
The gathering kicked off with Mr. Liang Jiawei, the Executive Director & CEO of the Company, presenting the year's operational highlights. Mr. Jiang Yun, the CFO & VP, reported on key fiscal metrics. Mr. Yang Guoping, the Board Chairman then outlined the roadmap for future expansion.
The Q&A segment saw management address queries on energy price forecasts and their implications, dividend policies, expansion into novel business sectors, and strategies for maintaining financial resilience and growth amidst economic challenges.
After the investor analyst exchange session. Mr. Yang Guoping, the Chairman of the Board, was interviewed by three Hong Kong media. He said that the Company will adhere to the business strategy of "seeking progress amidst stability and focusing on stability" in the future, and further adjust the layout of industrial investment and strengthen the investment in the main business of public utilities, so as to consolidate the kinetic energy for its sustainable development. In addition, the Company will actively focus on digital transformation and explore how to integrate advanced technologies into traditional industries to break through industry bottlenecks and realize efficiency gains. Green energy service utility projects will also be one of the Company's key focuses in the future.
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Shanghai Dazhong Public Utilities (Group) Co., Ltd. is a China-based investment holding company. The Company, along with its subsidiaries, is principally engaged in the operation of urban transport, city gas, environmental and municipal business. The Company mainly operates through six segments, including piped gas supply, wastewater treatment, public infrastructure projects, investments, transportation services, as well as financial services. The Company mainly operates its business in domestic market, with Shanghai, Nantong and Xuzhou as its major markets.
Shanghai Dazhong Public Utilities : Three Decades of Utility Sector Commitment, with Long term Doctrine to Chart a Steady Growth—The Company Held the 2023 Annual Investor Analyst Meet