JONJEE(SH:600872) Xin Lang Zheng Quan·2025-06-13 09:11Core Viewpoint - 中炬高新技术实业（集团）股份有限公司 reported a decline in net profit for 2024 and the first quarter of 2025, while outlining strategies for market expansion and governance improvements [1][2]. Financial Performance - In 2024, the company achieved revenue of 5.519 billion, a year-on-year increase of 7.39%, but net profit fell to 893 million, a decrease of 47.37% [1]. - For the first quarter of 2025, total revenue was 1.102 billion, down 25.81% year-on-year, with net profit at 181 million, a decline of 24.24% [1]. Business Strategy - The company plans to expand marketing efforts into county and community levels, adjusting distribution strategies based on regional market demands and resource allocation [1]. - In the supermarket channel, the company aims to strengthen its promotional presence and explore customized product development to meet market needs [2]. Governance and Shareholder Relations - The company is focusing on market value management, including cash dividends and stock buybacks, to stabilize investor confidence [2]. - Concerns were raised by investors regarding the pace of non-core business divestiture and the relationship between major and minority shareholders [2]. Investment and Growth Initiatives - 中炬高新 plans to establish the Huojudinghui Fund, focusing on high-growth sectors such as health, biotechnology, and food technology [3]. - The company is prioritizing e-commerce and international markets as key growth areas, with e-commerce sales growing over 30% [3]. M&A Strategy - External acquisitions are a critical part of the company's strategy, with plans to seek acquisition targets primarily in the seasoning sector [4].