三利谱：增资湖北三利谱，业绩增长显著 2024 亮点多

Core Viewpoint - The company Sanlipu (002876) plans to introduce new investors and increase capital for its subsidiary Hubei Sanlipu to support strategic planning and operational development [1] Group 1: Capital Increase and Shareholding Structure - Hubei Sanlipu's registered capital will increase from 36.6 million yuan to 122 million yuan [1] - Hubei Investment Fund will invest 542 million yuan for 54.2 million yuan of registered capital, while Henen No. 1 will invest 102 million yuan for 10.2 million yuan of registered capital, and the company will invest 210 million yuan for 21 million yuan of registered capital [1] - Post-capital increase, Hubei Investment Fund will hold 44.43% of shares, Henen No. 1's share will decrease from 75.41% to 30.98%, and the company's share will remain at 24.59% [1] Group 2: Business Developments and Financial Performance - In May 2023, the company signed an investment contract with the Huanggang Municipal Government to establish Hubei Sanlipu as the project implementation entity [1] - Hubei Sanlipu's subsidiary, Hubei Liyou, signed an agreement with Sumitomo Chemical in December 2024 to acquire relevant equity and assets [1] - In 2024, the company achieved record sales revenue of 2.59 billion yuan and a net profit of 68.09 million yuan, with a total sales volume of 33.07 million square meters of polarizers [1] Group 3: Market Position and Supply Chain - The company focuses on the research, production, and sales of polarizer products, emphasizing domestic market penetration and import substitution [1] - The company’s raw material supply mainly comes from Japan, South Korea, and domestic sources, with 10% of materials sourced from the U.S., which may be affected by tariff policies [1] - The company plans to accelerate the use of domestically produced materials to mitigate cost increases due to tariffs [1]