Jalon(SH:688357) Zheng Quan Zhi Xing·2025-07-02 16:36Core Viewpoint - The company, Luoyang Jianlong Micro-Nano New Materials Co., Ltd., issued a correction announcement regarding its 2024 annual report, indicating that there were some incomplete disclosures, but the corrections do not affect the financial statements or the company's financial condition and operating results for 2024 [1][5]. Group 1: Risk Factors - The company has identified potential capacity digestion risks due to increased production capacity from recent projects, which may not align with market demand if the growth in the molecular sieve industry is lower than expected or if competition intensifies [1]. - Specific risks include: (1) lower than expected market growth in the molecular sieve industry; (2) intensified market competition leading to insufficient demand for core products; (3) ineffective market expansion for new products; (4) significant adverse changes in key downstream application industries; (5) changes in supply-demand dynamics due to competitors' capacity expansions; (6) inability to maintain technological, quality, customer resource, and cost advantages in a competitive market [1]. Group 2: Financial Metrics - The company reported a basic earnings per share of 0.75 yuan for 2024, a decrease of 50.98% from 1.53 yuan in 2023 [2]. - The diluted earnings per share for 2024 was 0.68 yuan, down 53.10% from 1.45 yuan in 2023 [2]. - The weighted average return on net assets was 4.14% for 2024, down from 9.06% in 2023, representing a decrease of 4.75 percentage points [4]. - The proportion of R&D investment to operating income increased by 0.24 percentage points [2]. - The total R&D investment for the year was 35,347,945.44 yuan, a decrease of 22.79% compared to the previous year [4][5]. Group 3: Other Information - The company expressed regret for any inconvenience caused to investors due to the corrections and emphasized its commitment to improving the quality of information disclosure [6].