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

As a leading clean heating company, Luen Mei Quantum embraces its 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.

Against the backdrop of the national efforts to promote carbon peaking and carbon neutrality and to accelerate the building of a new energy system, the heating industry is rapidly transitioning to new intelligent heating systems through the integration of next-generation information technologies. This shift is driving the industry toward refined management, precise and on-demand heating, and overall high-quality development.

This year, Luen Mei Quantum has focused on deep, multi-dimensional upgrades to continuously improve the efficiency of its energy systems, expand its business market, and ensure solid performance in heating services. Particularly in the area of smart heating, the company has actively collaborated with digital service providers, growing together with them through mutual support. By leveraging new technologies such as artificial intelligence (AI), cloud computing, big data, and the Internet of Things (IoT), Luen Mei Quantum has developed an innovative integrated energy smart operation system. This system is effectively driving energy conservation, emissions reduction, and green environmental outcomes across the company’s operations.