Quechen Company(SH:605183) Xin Lang Cai Jing·2025-05-13 05:29Group 1 - The company conducted a research survey on its listed subsidiary, Chucheng Co., from April 1 to April 30, 2025 [1] - The Thai factory, established under the "Belt and Road" initiative, has a high capacity utilization rate and is expected to contribute over 60 million RMB in net profit for 2024 [2] - The second phase of the Thai factory is under construction and is expected to begin trial production by the end of 2025 [2] Group 2 - The company is closely monitoring the impact of the U.S. "reciprocal tariff" policy, although exports to the U.S. account for a small portion of total revenue [2] - The company plans to gradually expand production capacity while incorporating new technologies and reducing carbon emissions [2] - The company is actively seeking opportunities for expanding silica production capacity both domestically and internationally [2] Group 3 - The silica microsphere project is primarily aimed at the cosmetics and biopharmaceutical industries, with completion expected in 2025 and trial production in the first half of 2026 [2] - The biomass high-dispersibility silica project has already achieved commercial supply, with additional facilities expected to be completed in 2025 [2] Group 4 - Chunhou Xinxing A, a mixed fund under Chunhou Fund, has a total management scale of 1.726 billion RMB and has outperformed its benchmark with a one-year return of 10.98% [3] - Over the past three years, the fund has achieved a return of 34.14%, ranking in the top 5 among similar mixed funds [3] - As of March 31, 2025, the fund's scale reached 391 million RMB, with a total of 263 million shares outstanding [3]