Keda Control (920932) held a 2025 annual performance briefing to elaborate on the recovery of intelligent coal mine orders and the revenue growth in the first quarter

Shanxi Keda Control Co., Ltd. held a performance briefing on May 22 through the "Investor Relations Interactive Platform" of Pangoal, communicating with investors participating in the "2026 Online Collective Reception Day for Listed Companies in Shanxi and Annual Report Performance Briefing." The company's chairman Fu Guojun, secretary of the board Ren Jianying, financial head Niu Jianqin, and securities representative Hao Fuqiang attended the event. Regarding the impact of national coal mine intelligence policies on the company's orders, the company stated in response: "The 'Guiding Opinions on Accelerating the Development of Coal Mine Intelligence' jointly issued by the National Energy Administration and eight other ministries mentioned that 'by 2025, large coal mines and those with serious disasters will basically achieve intelligence, and by 2035, various coal mines will basically achieve intelligence. Since 2023, the coal industry has entered a downward cycle, and the pace of coal mine intelligence construction has slowed down. In 2026, coal prices are expected to stabilize and rebound, leading to an overall recovery in the industry, and the pace of intelligence construction is expected to gradually accelerate. Due to the time lag in the transmission of the industrial chain, current orders have rebounded somewhat, but have not yet seen significant growth. With the subsequent strengthening of policy measures and continuous improvement of industry construction standards, it is expected to further promote the intelligence process.'" Regarding measures to solidify market competitive advantages, the company stated: "Since 2020, the smart mining industry has developed steadily, and the government has proposed new requirements for normalized operations. The company will rely on the 'one body and two wings' business model to empower development: on the technical level, relying on existing overall solutions for mine intelligence, promoting the deep integration of technologies such as big data analysis, multimodal fusion, machine vision, and digital twin in the fields of automation control and special robots, comprehensively enhancing core competitiveness; on the business level, deepening operation and maintenance services to solidify customer cooperation; while leveraging acquisition opportunities to increase the promotion of standardized products and expand the supporting market for mining machinery. In addition, the company will strengthen the expansion of non-coal mining business." Regarding the application of mining robots and digital twin technology, the company stated: "Currently, the company has applied digital twin technology to the intelligent control platform, which can synchronize underground equipment, environment, and production operation status, visually displaying intelligent control production conditions and predicting equipment failures; at the same time, it can conduct simulation exercises for scenarios such as equipment failures, assisting in forming scientific emergency drills and response plans. The company holds a total of 79 intellectual property rights related to special mining robots, including 68 patents." Regarding the performance in the first quarter of 2026, the company disclosed: "In the first quarter of 2026, the company achieved operating revenue of 101 million yuan, a year-on-year increase of 49.28%. The growth in operating revenue was mainly due to the consolidation of the acquired subsidiary's revenue and the increase in revenue from the company's smart mining sector; the net profit attributable to shareholders of the listed company was -5.4566 million yuan, a year-on-year reduction in losses of 11.11%." Regarding key research and development directions, the company stated: "The key research and development directions of the company are: 1. Smart mining sector: Mining is a high-risk operation industry, and the core goal of intelligence is to reduce personnel and increase safety. The company will focus on developing special mining robots to gradually replace manual operations; at the same time, it will continue to deepen the application of technologies such as the Internet of Things, big data analysis, multimodal fusion, and digital twin in the overall solutions and subsystems of intelligent mining II. Non-Mineral Intelligent Sector: Focus on the research and development of Internet of Things technology, layout in smart water management and smart charging fields: Coordinate resources to carry out platform construction and terminal product development, with the development goals of improving quality and efficiency, reducing costs, and optimizing community services. Regarding market value management measures, the company stated: "The company's market value is comprehensively influenced by multiple factors such as macroeconomic conditions, industry situations, market sentiment, and corporate operating performance. The company will focus on optimizing its main business, with improving operating performance as the core, increasing R&D investment, actively expanding the market, and strengthening investor relations management; in line with the company's actual situation, prudently study measures related to enhancing market value, and effectively safeguard investor interests." Regarding debt and cash flow security measures, the company stated: "The company will continue to optimize its debt structure, reasonably coordinate the ratio of short-term and long-term liabilities, strengthen cooperation with banks, and coordinate credit limits. The company will improve the receivables tracking mechanism, strengthen settlement and credit management, strictly control costs, enhance the efficiency of capital use, reasonably arrange investment and financing, ensure the operational and debt repayment funding needs, and continuously improve cash flow." According to Wall Street Finance, the company's main business is based on new generation information technology, applying the industrial Internet system, serving smart mining, IoT+, and smart municipal sectors