GW COMPOS(SZ:300699) Shen Zhen Shang Bao·2025-07-02 01:33Core Viewpoint - The company, Guangwei Composite Materials Co., Ltd., has experienced a decline in revenue and profit over recent years, with significant shareholder reductions in stock holdings, indicating potential concerns about its financial health and market position [1][2][3] Group 1: Shareholder Actions - Five shareholders, including directors and senior management, completed a share reduction plan, selling a total of 2.54 million shares, which represents 0.3076% of the total share capital after excluding repurchased shares [1] - The actual shares reduced by these shareholders amounted to approximately 94% of the originally planned reduction [2] Group 2: Financial Performance - In 2024, the company reported a revenue of 2.45 billion yuan, a year-on-year decrease of 2.69%, and a net profit attributable to shareholders of 747 million yuan, down 14.43% from the previous year [2] - The company has shown a trend of declining revenue growth since 2017, with revenue growth rates of 49.87%, 43.63%, 25.77%, 23.36%, 23.25%, -3.69%, and 0.26% from 2017 to 2023 [2] - In Q1 2025, the company achieved a revenue of 565 million yuan, reflecting a year-on-year increase of 10.5%, while the net profit attributable to shareholders decreased by 1.6% to 155 million yuan [3] Group 3: Business Segments and Challenges - The company's revenue primarily comes from equipment applications and general civilian products, with the latter facing significant challenges due to fluctuating supply and demand dynamics, impacting the carbon beam business [3] - Despite some recovery in civilian product sales, the company still faces challenges from market competition and the impact of new projects, such as the one in Inner Mongolia, which have affected its operational results [3]