Core Viewpoint - Huilong New Materials reported a revenue of 838 million yuan for 2024, reflecting a year-on-year increase of 4.3%, with a net profit attributable to shareholders of 30.93 million yuan and a non-recurring net profit of 31.21 million yuan [1] Financial Performance - The company plans to distribute a cash dividend of 2 yuan per 10 shares, totaling 23.1352 million yuan [1] - The gross profit margin has decreased due to rising labor costs and manufacturing expenses, which outpaced revenue growth [2] Business Operations - Huilong New Materials specializes in differentiated colored polyester filament and is one of the early companies in China to achieve large-scale production in this field [1] - The company’s products are utilized in various sectors, including home textile fabrics, flame-retardant and light-blocking materials, automotive and high-speed rail interiors, decorative materials, and outdoor products [1] R&D and Innovation - The company invested 36.9283 million yuan in R&D, accounting for 4.41% of its revenue, and expanded its R&D team to 84 members [1] - Huilong New Materials emphasizes independent innovation, enhancing the color richness and energy efficiency of polyester filament through original liquid dyeing technology [1] Future Outlook - The company aims to embrace new technologies and market demands, promoting the construction and implementation of new production capacities [2] - Huilong New Materials plans to extend its industrial chain by leveraging its listing platform, enhancing product value and processing levels to increase economic benefits for shareholders [2]
汇隆新材：2024年营收同比增长4.3% 拟10派2元积极回报股东