JZYY(SH:600750) Zheng Quan Zhi Xing·2025-05-09 11:01Core Viewpoint - Jiangzhong Pharmaceutical Co., Ltd. is focused on high-quality development, emphasizing innovation, governance, and sustainable practices to enhance its core competitiveness and shareholder value. Group 1: Company Governance and Strategy - The company aims to create a world-class enterprise by enhancing the quality of listed companies and deepening the construction of the industrial chain [4][6][16] - The board of directors has implemented a modern governance structure, holding 4 shareholder meetings and 11 board meetings in 2024, approving 17 and 65 proposals respectively [6][17] - The company emphasizes the integration of party leadership with business development, enhancing political awareness and theoretical learning [4][9] Group 2: Financial Performance and Shareholder Returns - In 2024, the company distributed a total cash dividend of 755.10 million yuan, maintaining a stable and continuous dividend policy [14][26] - The company reported a stable revenue scale with improved profitability, despite industry policy impacts [4][9] - The company has maintained a cash dividend payout ratio exceeding 60% since its listing [14] Group 3: Innovation and R&D - The company is committed to increasing R&D investment intensity and promoting digital transformation, with a focus on developing new quality productivity [9][10] - The company has received national recognition for its R&D projects, including a second-class award for technological progress [9][10] - The company aims to enhance its product matrix and optimize business models to strengthen its market position in OTC and prescription drugs [9][18] Group 4: Risk Management and Compliance - The board has established a compliance management system, appointing a chief compliance officer to oversee risk management [8][19] - The company conducts regular internal control evaluations and has received positive audit reports regarding its financial and operational compliance [24][25][27] - The company emphasizes the importance of risk prevention and compliance culture among its employees [19][20] Group 5: ESG and Sustainable Development - The company has integrated ESG principles into its governance framework, achieving an A rating in ESG assessments [12][20] - The company actively discloses its social responsibility reports and has been recognized for its commitment to sustainable practices [12][20] - The board has established a dedicated committee to oversee ESG initiatives, enhancing the company's sustainable development capabilities [12][20]