GZPR(SH:600684) Zheng Quan Shi Bao Wang·2025-04-14 12:20Core Viewpoint - Zhujiang Co., Ltd. has successfully turned a profit in 2024, achieving a net profit of 15.57 million yuan, driven by growth in property service and cultural sports operation revenues [1][2]. Group 1: Financial Performance - In 2024, Zhujiang Co. achieved an operating income of 1.558 billion yuan, with both property service and cultural sports operation revenues increasing compared to the same period last year [1]. - The company reported a net profit attributable to shareholders of 15.57 million yuan, marking a turnaround from previous losses [1]. Group 2: Strategic Focus - The company is focusing on a "1+2+N" strategic framework, emphasizing the development of urban services and core businesses in cultural sports operations [1]. - Urban services are seen as a stable cash flow source, supporting revenue growth and new business expansion [1]. Group 3: Future Development Plans - Zhujiang Co. plans to leverage urban services and cultural sports as core drivers for the development of diversified industries, including hotel services, apartment services, and technology services [2]. - The company aims to expand its sports venue operations, supported by policies promoting public fitness and educational integration [2]. - There is a focus on building a content system and enhancing the IP matrix through independent sports events and cultural performances [2]. Group 4: Capital Structure and Cash Flow - The company is in the process of issuing A-shares to its controlling shareholder, Guangzhou Zhujiang Industrial Group, to optimize its capital structure and financial status, with a fundraising target of up to 747.63 million yuan [3]. - Zhujiang Co. has seen significant improvement in operating cash flow, with efforts to accelerate the collection of receivables and enhance profitability through its urban services and cultural sports operations [3].