浙江万盛股份有限公司 关于2024年度业绩说明会召开情况的公告

Core Viewpoint - Zhejiang Wansheng Co., Ltd. held its 2024 annual performance briefing on April 10, 2025, addressing investor concerns and outlining future plans for growth and innovation [2][9]. Group 1: Shareholder Engagement - The company conducted a video live-streamed annual performance briefing with participation from key executives, including the chairman and CFO, to engage with investors [2]. - The company has completed a share buyback of 16,913,437 shares to implement an employee stock ownership plan, indicating a commitment to incentivizing employees [2]. Group 2: Business Strategy and Market Position - The company aims to maintain its leading position in phosphorus-based flame retardants by enhancing R&D capabilities, expanding product categories, and entering new markets [3]. - A new production project in Thailand with an annual capacity of 32,000 tons of phosphate ester flame retardants is underway to boost global production and sales capabilities [3]. Group 3: Project Updates - The Shandong project is nearing completion, with trial production already initiated, and the company is accelerating the construction of new material production projects [4]. - The Thailand production base is in the approval process, with plans to commence operations by mid-2026 [5]. Group 4: Financial Performance - Guangzhou Entropy achieved a revenue of 462 million yuan and a net profit of 81.14 million yuan in 2024, with plans for a new project to further increase market share [7]. Group 5: Product Development and Innovation - The company is focused on technological innovation, with new flame retardants for high-speed copper-clad laminates already in mass production and additional products in trial production [8]. - New nylon flame retardants with independent intellectual property rights are being developed for applications in electric vehicle battery packs and other high-tech areas, with production expected to start in late 2025 [8].