On the evening of August 30, Luen Mei Quantum (600167.SH) released its 2024 semi-annual report. In the first half of the year, the company achieved revenue of CNY1.94 billion, representing a 5.2% year-on-year growth, with net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, reaching CNY498 million.

The report reveals that Luen Mei Quantum not only demonstrated strong resilience in its business operations, but also enhanced its focus on green and environmentally friendly technologies.

As a leader in clean heating, Luen Mei Quantum embraces the operational philosophy of “technology-driven innovation, supported by refined management”. Its business portfolio includes efficient coal-fired combined heat and power generation, water-source heat pumps, biomass combined heat and power generation, and intelligent control systems—ensuring its leading position in clean heating and steam heating supply. The company utilizes smart operational technologies to improve production efficiency and has developed proprietary technologies with independent intellectual property rights in areas such as heat supply network balancing, heat supply network automatic control, and low calorific heat utilization, all of which are at the forefront of domestic technology.

As of June 30, 2024, Luen Mei Quantum held 69 authorized patents, including 15 invention patents, 51 utility model patents, and three software copyrights. The company is also conducting research on 9 active projects.

Luen Mei Quantum has also actively invested in hydrogen energy and other integrated energy industries. Through direct investments, project collaborations, demonstration project promotions, and joint research and development, the company is strengthening its presence in the hydrogen energy sector, contributing to the gradual improvement of the domestic hydrogen energy industry chain. In response to market demands, Luen Mei Quantum prioritizes renewable clean energy and adopts new energy technologies such as natural gas, geothermal (water)-source heat pumps, air-source heat pumps, and ice thermal storage according to local conditions, thereby expanding its multi-energy complementary integrated energy services.

The company is not only advancing its own green technology capabilities but is also enabling local industrial transformation and upgrading through smart operations.

Recently, the core zone of Hunnan Science and Technology City in Shenyang officially opened, and Luen Mei Quantum will provide green, low-carbon energy services for the 25-kilometer main road network, 68-kilometer municipal pipeline network, 10-kilometer integrated utility tunnel, 5.6-kilometer ecological water system, and eight themed parks in the area. Through its technological expertise, the company is committed to supporting the development of new quality productive forces in the region.