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[Shanghai Securities News] Luen Mei Quantum Maintains Stable Revenue Growth While Advancing Strategic Planning

Release Time:2024-10

On the evening of October 30, Luen Mei Quantum released its third-quarter report for 2024. The company achieved operating revenue of CNY2.29 billion in the first three quarters, a year-on-year increase of 5.19%, with a net profit attributable to shareholders of the listed company reaching CNY508 million, demonstrating its strong development resilience.

Luen Mei Quantum’s clean heating business enjoys significant cost and technological advantages. In recent years, the company has maintained a steady growth trajectory, marked by a steadily expanding heating network and ongoing asset structure optimization. Additionally, emerging highlights in new business areas such as hydrogen energy and integrated energy have further enhanced its portfolio. According to a company representative, Luen Mei Quantum has built 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 area, it is enhancing the intelligence of its production and operational processes. Against the backdrop of rising national heating demand, Luen Mei Quantum is leveraging its advanced technological capabilities to steadily expand its integrated energy business nationwide.

As a comprehensive energy service provider driven by technological innovation, Luen Mei Quantum remains committed to advancing its strategic transformation and upgrading efforts. By focusing on core products such as cooling, heating, electricity, and steam, and utilizing its intelligent operation management platform, the company is improving service responsiveness and precision, taking smart heating to new heights.

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