CHENGZHI(000990) 证券时报网·2025-03-28 03:16Core Viewpoint - Chengzhi Co., Ltd. reported a decline in revenue for 2024 while achieving significant growth in net profit and cash flow, indicating a strategic focus on sustainable development and innovation in key business sectors [1][2]. Group 1: Financial Performance - The company achieved an operating income of 11.066 billion yuan, a year-on-year decrease of 10.88% [1]. - Net profit attributable to shareholders was 231 million yuan, reflecting a year-on-year increase of 29.98% [1]. - The net cash flow from operating activities was 1.379 billion yuan, showing a slight decrease compared to 2023 [1]. - The company plans to distribute a cash dividend of 0.50 yuan per 10 shares, totaling approximately 60.76 million yuan [1]. Group 2: Business Segments - The clean energy sector is the largest business segment, generating 8.952 billion yuan in revenue, accounting for 80.89% of total revenue, with a gross margin increase of 2.06% to 9.80% [2]. - The semiconductor display materials segment, which has the highest gross margin, achieved revenue of 1.356 billion yuan, with growth in sales and net profit despite a decline in domestic market demand [3]. - The life medical segment generated 702 million yuan in revenue, representing 6.35% of total revenue, with significant developments in industrial hemp processing and CBD product sales [3]. Group 3: Strategic Initiatives - The company is actively exploring technological innovations and structural adjustments in the clean energy business, focusing on high-end chemical new materials [2]. - Chengzhi Co., Ltd. is investing in R&D for TFT mixed liquid crystal materials and expanding into OLED materials and other related fields to mitigate business risks [3]. - A collaboration with Beijing University of Chemical Technology has been established to enhance research in synthetic biology, aiming to strengthen the company's competitive position in this emerging field [4].