China Catalyst (SH:688267) Zheng Quan Shi Bao Wang·2025-02-26 22:46Core Viewpoint - The company, Zhongchumai, reported significant growth in its 2024 annual performance, with notable increases in revenue and net profit, driven by enhanced product offerings and market expansion [1] Financial Performance - The company achieved an operating income of 667 million yuan, representing a year-on-year increase of 21.23% [1] - Net profit reached 146 million yuan, up 89.4% year-on-year [1] - The net profit excluding non-recurring items was 124 million yuan, reflecting a 130.9% increase [1] - Basic earnings per share were 0.85 yuan, a growth of 93.18% compared to the previous year [1] - Total assets at the end of the reporting period were 2.921 billion yuan, a 0.4% increase from the beginning of the period [1] - Shareholder equity attributable to the parent company was 2.734 billion yuan, up 3.74% [1] - The net asset value per share attributable to the parent company was 15.52 yuan, also an increase of 3.74% [1] Business Strategy and Product Development - The company focused on strengthening its core business, optimizing product structure, and expanding its domestic and international market coverage [1] - The introduction of energy-saving and efficient catalysts has shown high market compatibility, leading to a significant increase in customer orders and sales volume [1] - The company plans to leverage its existing product advantages and develop special molecular sieves and catalysts for broader applications [2] - Future product development will include high-purity aluminum oxide and high-purity silicon dioxide, aiming for industrialization [3] - The company is considering strategic acquisitions of quality assets to optimize its business layout and enhance intrinsic value [3]