According to the Futu Securities News APP, CSG Holding Co.,Ltd.(000012.SZ) disclosed its 2024 interim report, reporting that the company achieved revenue of 8.079 billion yuan, a year-on-year decrease of 3.7%; net profit attributable to shareholders was 0.733 billion yuan, a year-on-year decrease of 17.58%; non-GAAP net profit was 0.673 billion yuan, a year-on-year decrease of 19.72%; and basic earnings per share was 0.24 yuan.

In the first half of 2024, the imbalance between supply and demand in the photovoltaic market remains prominent, with significant price declines in the industry chain, compounded by international trade barriers and other factors. The photovoltaic industry is currently in a phase of cyclical adjustment. While the company is enhancing its industrial layout to improve economies of scale, it is fully committed to providing high-quality, high-performance photovoltaic glass products. Simultaneously, the company is steadfastly implementing a differentiated business strategy while continuously advancing lean production management to improve efficiency. Faced with rapid technological iterations in the industry, the company closely aligns with market demands, strengthens technological innovation, and has achieved significant results in the research and sales of differentiated products.

In the first half of 2024, in response to the complex external economic situation, the company flexibly adjusted its operational strategy for engineering glass, actively explored diversified development in the market, strengthened product differentiation in operations, and maintained overall operational stability. By refining its market layout, the company has significantly increased the proportion of high-quality project signings year-on-year, enhancing order complexity. It has vigorously promoted customized product services, identified new business growth points, continuously increased the proportion of differentiated product sales, boosting overall profitability. Through strengthened brand promotion and the exploration of emerging markets, the company has further expanded the influence of the CSG Holding Co.,Ltd. brand. It is driving digital transformation, enhancing the automation and informatization levels of production lines, continually improving equipment production efficiency, strengthening cost reduction and efficiency improvements, and enhancing core competitiveness.

In the first half of 2024, the industry underwent a phase of cyclical adjustment. Faced with a challenging business environment, the company steadfastly implemented a differentiated product strategy. On one hand, it focused on the domestic high-end ultra-clear glass market, creating the ultra-clear "Blue Diamond" series of high-end brands to continuously increase market share, becoming a leader in the industry's segmented fields. On the other hand, it continuously increased the production and sales ratio of high-value-added products such as oversized and ultra-thick specifications, high-grade products, maintaining a leading edge in the high-end float glass segment market, and enhancing the company's profitability.