Group 1 - The company achieved a revenue of 1.649 billion yuan in 2024, representing a year-on-year growth of 55.0%, and a net profit of 242 million yuan, up 33.4%, with a gross margin reaching a historical high of 53.0% [1] - The core business of the company, pearlescent pigments, accounts for over 90% of total revenue, with natural mica-based pearlescent pigments being the largest source at 43.2% [2] - The company has expanded its product offerings to over 2,000 types, focusing on high-end products such as aluminum oxide and silica-based pigments, which have seen a year-on-year growth rate exceeding 200% [2] Group 2 - The company launched a new 30,000-ton high-end pearlescent materials smart factory in 2024, focusing on high-value products for automotive and cosmetics [3] - The company is pursuing a global strategy by integrating with Korean CQV and planning to acquire German Merck's surface solutions business, which is expected to enhance its market presence in Europe [3] - The company’s net profit from CQV increased significantly by 170.5% in 2024, highlighting the effectiveness of the synergy [3] Group 3 - The company’s growth in 2024 is attributed to technological breakthroughs and a relentless pursuit of color aesthetics, alongside a global perspective [4] - The completion of the acquisition of Merck's surface materials business and the introduction of new production capacity are expected to deepen the company's exploration at the intersection of art and technology [4]
环球新材国际（06616.HK）年报点评：用色彩科学与全球视野书写增长新篇章