JLSG(SH:600189) Zheng Quan Shi Bao Wang·2025-05-19 07:12Core Viewpoint - The company has successfully transformed from traditional forestry to a green health industry, focusing on natural mineral water as its core business while expanding into landscaping, wood doors, specialty foods, and forestry carbon sinks [1][2]. Group 1: Financial Performance - In Q1 2025, the company achieved operating revenue of 307 million yuan, a year-on-year increase of 31.74% [2] - The net profit for Q1 2025 was 5.11 million yuan, marking a turnaround from a loss to profit [2] - The non-recurring net profit was 1.38 million yuan, also indicating a shift from loss to profit year-on-year [2] Group 2: Business Strategy and Market Position - The increase in operating revenue is primarily attributed to the rise in sales volume of natural mineral water [2] - The company’s main products in the natural mineral water segment are low mineralization water rich in silicic acid, with a weak alkaline pH, and the company has developed maternal and infant water products [2] - The company is positioned to benefit from the overall growth in the big consumption and big health industries, despite potential short-term economic impacts [3] Group 3: Market Management and Future Outlook - The company plans to actively promote its market value management in accordance with regulatory guidelines issued by the China Securities Regulatory Commission and the State-owned Assets Supervision and Administration Commission [3] - The company aims to enhance its competitive strength through continuous reform and mechanism-driven initiatives [3]