YA BANG(SH:603188) Zheng Quan Zhi Xing·2025-05-16 09:33Meeting Overview - The company held a performance briefing for the fiscal year 2024 and the first quarter of 2025 on May 16, 2025, via the Shanghai Stock Exchange's online platform [1] - Key executives including the chairman, general manager, independent director, financial director, and board secretary participated in the meeting [1] Financial Performance - In 2024, the company reported a revenue of 701.22 million yuan, an increase of 7.80% year-on-year, but incurred a net loss of 264.79 million yuan, a reduction in loss by 54.75% compared to the previous year [4] - For the first quarter of 2025, the company achieved a revenue of 173.94 million yuan, a decrease of 3.33% year-on-year, with a net profit of 3.18 million yuan, down 55.11% year-on-year [4] Measures for Improvement - The company plans to implement several strategies to improve profitability in 2025, including optimizing production organization, enhancing product quality, and reducing production costs [3][4] - Marketing efforts will focus on expanding market space and increasing sales volume, while research and development will be prioritized to enhance technological capabilities [3][4] - Financial management will involve strict budget control, cost reduction, and improving cash flow through better resource allocation [3][4] Industry Outlook - The company acknowledges that its future development is influenced by the broader economic environment and market factors, with detailed analysis provided in the 2024 annual report [5]