sunresin(SZ:300487)2025-04-22 13:30Financial Performance - Xi'an Blue Sky Technology achieved operating revenue of 2.55 billion yuan and a net profit attributable to shareholders of 787 million yuan in 2024[6]. - The basic operating revenue, excluding the lithium extraction project, was 2.45 billion yuan, representing a year-on-year growth of 24.7%[6]. - Operating cash flow net amount reached 730 million yuan, an increase of 9.3% year-on-year[6]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the fiscal year, representing a 25% year-over-year growth[24]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 20% to 1.44 billion RMB[24]. - The company's operating revenue for 2024 reached ¥2,554,030,243.10, representing a 2.62% increase compared to ¥2,488,817,821.21 in 2023[29]. - Net profit attributable to shareholders for 2024 was ¥787,240,240.66, a 9.79% increase from ¥717,032,641.13 in 2023[29]. - The net profit after deducting non-recurring gains and losses was ¥745,023,656.96, up 2.99% from ¥723,426,143.47 in 2023[29]. - The company's total assets increased by 6.85% to ¥6,085,140,907.36 at the end of 2024, compared to ¥5,695,042,410.99 at the end of 2023[29]. - The net assets attributable to shareholders rose by 13.89% to ¥3,914,646,637.73 at the end of 2024, up from ¥3,437,103,511.00 at the end of 2023[29]. - The basic earnings per share for 2024 was ¥1.56, reflecting a 9.09% increase from ¥1.43 in 2023[29]. - The company reported a net cash flow from operating activities of ¥731,847,446.44, which is a 9.34% increase from ¥669,316,289.82 in 2023[29]. Market Expansion and Strategy - The overseas sales revenue reached a new high, with continuous expansion of the localized marketing network and an increase in foreign employee numbers[7]. - The company aims to enhance its global supply chain and financial security by building overseas production capacity and logistics channels[8]. - The company is expanding its market presence in Southeast Asia, targeting a 15% market share by 2025[24]. - A strategic acquisition of a local competitor is in progress, which is anticipated to increase production capacity by 40%[24]. - The company is actively pursuing international expansion and has rapidly increased its market share, benefiting from changes in the industry landscape[47]. - The company has established a global marketing and technical service network, expanding its presence in North America and Europe to enhance its international influence[110]. - The company is committed to advancing its international strategy, enhancing its overseas operational capabilities, and expanding its overseas sales network[172]. Research and Development - The company is investing 100 million RMB in R&D for new technologies in adsorption materials over the next two years[24]. - The R&D team consists of nearly 400 members with extensive experience, focusing on various fields including polymer materials and biomedicine[93]. - The company has developed multiple proprietary technologies for the synthesis of adsorption materials, enhancing its competitive edge in various applications[87]. - The company has established partnerships with three major universities for collaborative research on new materials[24]. - The company is actively promoting the innovation of adsorption separation technology in metals such as cobalt, nickel, and vanadium, as well as in biopharmaceuticals[84]. - The company has made significant advancements in the fields of metal resource extraction and life sciences, contributing to the technological progress and quality improvement in downstream industries[100]. Product Development and Innovation - New product development includes the launch of a series of advanced ion exchange resins, expected to enhance market competitiveness[24]. - The solid-phase synthesis carrier for GLP-1 weight loss drugs saw a significant increase in orders, positioning the company as a key supplier in the market[6]. - The company has developed advanced technologies in the field of super-pure water, breaking the monopoly of a few foreign companies[57]. - The company has achieved significant breakthroughs in basic technology research, leading to the industrialization of original technologies in emerging application fields[53]. - The company has developed a comprehensive solution model combining material manufacturing, application processes, and system devices, which has gained recognition in the industry[98]. Environmental and Social Governance (ESG) - The company emphasizes the importance of ESG principles, focusing on green and low-carbon development in its operations[9]. - The company integrates ESG principles into its operations, aiming to create a "green factory" and enhance transparency in information disclosure[174]. - The environmental pressure has accelerated the development of the adsorption separation materials industry, with increasing demand for materials that can effectively address air and water pollution[45]. Financial Management and Investments - The company plans to distribute a cash dividend of 6.00 yuan per 10 shares (including tax) to all shareholders[12]. - The company has established a market value management system to enhance investor returns and protect their interests, as approved in the board meeting on December 30, 2024[186]. - The company is committed to providing stable cash dividends to shareholders while aligning with its operational and business development goals[188]. - The company has committed to various projects funded by the raised capital, with specific progress and feasibility assessments ongoing[159]. Production Capacity and Operations - The company has increased its production capacity from less than 10,000 tons to 50,000 tons with the establishment of two high-quality production bases in 2020[49]. - The designed capacity for adsorption separation materials is 50,000 tons per annum, with a utilization rate of 131.42%[88]. - The company is planning to build an additional 20,000 tons per annum capacity for adsorption separation materials at its wholly-owned subsidiary, Pucheng Lanxiao, which is currently in the land use rights acquisition stage[88]. - The company has completed and is executing lithium extraction projects with a total capacity of nearly 100,000 tons of lithium carbonate/hydroxide[70]. Risk Management - The company acknowledges increased market competition and intends to strengthen R&D investment to maintain its competitive edge[176]. - The company is implementing measures to manage accounts receivable risks as customer bases and order volumes grow[177]. - The company is actively managing risks associated with the globalization of its operations, ensuring compliance with international regulations and policies[181]. - The company aims to mitigate foreign exchange risks through hedging strategies, emphasizing the importance of real-time market analysis and adjustments to strategies[155]. Corporate Governance - The company has a comprehensive internal governance structure that complies with relevant laws and regulations, ensuring transparency and protecting investor rights[190]. - The board of directors consists of 9 members, including 3 independent directors, and operates under various specialized committees[193]. - The supervisory board is composed of 3 supervisors, including 1 employee representative, ensuring compliance with legal and regulatory requirements[194]. - The company maintains complete independence from the controlling shareholder in terms of business, personnel, assets, and finance[198].