Sanhe Pipe Pile: Overseas Revenue Increases by 217.4% in 2024

Recently, Sanhe Pipe Pile released a record of investor relations activities.

Sanhe Pipe Pile said that at present, the company's overseas business is mainly concentrated in Southeast Asian countries and regions: it has set up subsidiaries in Indonesia. In 2024, the company sold 932300 meters of products abroad, an increase of 196.16% over the same period last year. The operating income was 175 million yuan, an increase of 217.40% over the same period last year.

In the future, the company will closely follow the national strategy, take the "domestic as the main, foreign as the supplement" double-cycle development trend, and dig deep into the profit growth point from increasing income and reducing expenditure. In view of the traditional market, first of all, the company continues to deepen cooperation with strategic customers and expand new channels, relying on good brand reputation, core technology development, large-scale production capacity, perfect quality management system to further enhance market share. At the same time, the company promotes the construction and preparation projects in an orderly manner, actively fills the empty market areas and expands the market coverage. In terms of expanding overseas markets, the company closely followed the national "Belt and Road" development strategy, actively expanded overseas markets, and constantly increased overseas market share. In view of emerging markets, the company actively carries out strategic cooperation with key customers, focusing on the development of photovoltaic, wind power and water conservancy projects, and continuously strengthens the application and development of products in new fields and scenarios to promote the growth of related businesses. At the same time, the company actively lays out the marine engineering field and strives to create a new growth pole. In addition, the company will continue to optimize its business layout, focus on core business areas, improve operational efficiency and reduce operating costs. At the same time, the company will pay close attention to market dynamics, flexibly adjust market strategies, and actively respond to market competition and industry changes. The company will continue to work hard to increase market share through the above measures and promote the steady growth of the company's performance.