TOND(SZ:002360) Zheng Quan Ri Bao Wang·2025-05-20 02:04Core Viewpoint - Tongde Chemical experienced a significant decline in performance in 2024, marking its first loss since its listing, with a revenue drop of 43.52% and a net loss of 71.99 million yuan [1][2] Group 1: Company Performance - In 2024, Tongde Chemical achieved an operating income of 545 million yuan, a year-on-year decrease of 43.52% [1] - The net profit attributable to shareholders was a loss of 71.99 million yuan, representing a year-on-year decline of 116.43% [1] - This marks the first loss for the company since its listing in 2010 [1] Group 2: Strategic Projects - The company is focusing on a 3.5 billion yuan project for an integrated production chain of 60,000 tons of fully biodegradable plastics (PBAT), which is currently under construction [1] - The main engineering construction of the PBAT project has been completed, and equipment installation and debugging are ongoing [1] - The company is actively seeking industrial and financial investors to achieve production this year [1] Group 3: Research and Development - In 2024, the company invested 12.95 million yuan in product research and development [2] - Collaborations with well-known domestic research institutions have been established to enhance R&D capabilities [2] - The company has made progress in technologies such as continuous production of emulsified explosives and intelligent monitoring and control in blasting operations, which have been applied in actual production [2] Group 4: Market Outlook - The company anticipates 2025 to be a critical year for transformation, with signs of recovery in the civil explosive market [2] - Business operations affected by policies are gradually being relaxed, and production is steadily increasing [2] - Local government support for the real economy is strengthening, with efforts to coordinate financial institutions for the company's operational activities [2]