On the evening of August 30, Luen Mei Quantum (600167.SH) released its 2024 semi-annual report. In the first half of this year, the company achieved revenue of CNY1.95 billion, marking a year-on-year growth of 5.2%. Net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, reached CNY499 million, demonstrating the company’s sustained resilience.

Luen Mei Quantum’s clean heating business benefits from both cost and technological advantages, and its steady business trend has continued in recent years. The company’s heating network coverage has steadily expanded, and its asset structure has been continually optimized, with significant highlights in new businesses such as hydrogen energy and integrated energy solutions. According to a company representative, Luen Mei Quantum currently operates nine centralized heating and combined heat and power generation plants in Shenyang, with a planned total heating area of 150 million square meters. As the company continues to expand its heating capacity, it remains focused on introducing smart technologies into production and operations. With the increasing national demand for heating, Luen Mei Quantum is leveraging its advanced technological capabilities to steadily expand the nationwide presence of its integrated energy business.

Luen Mei Quantum’s previously released Integrated Energy Strategy Upgrade Roadmap of Luen Mei Quantum highlighted the company’s efforts to actively explore hydrogen energy and other integrated energy industries, focusing on tapping into the promising renewable energy sector. The company’s strengths in integrated energy system integration, financial resources, and talent reserves, along with its wide project coverage, provide ample opportunities for developing hydrogen energy and other renewable energy applications.