Malion(SZ:300586) Xin Lang Cai Jing·2025-08-03 02:31Group 1 - The company achieved operating revenue of 448 million yuan in Q1 2025, a year-on-year increase of 6.54%, but the net profit attributable to shareholders decreased by 64.54% to 9 million yuan due to the continued decline in the market price of melamine [1] - The company is the only producer of EX electronic materials in the country, which are primarily used in high-frequency copper-clad laminates, and has established an annual production capacity of 200 tons [1] - The company is also the largest white masterbatch manufacturer in Asia and is advancing projects in the new energy and polymer materials sectors, aiming to build a circular economy system to reduce production costs [2] Group 2 - Revenue forecasts for the company from 2025 to 2027 are projected to be 2.119 billion, 3.436 billion, and 5.166 billion yuan, with corresponding EPS of 0.11, 0.24, and 0.61 yuan, indicating a positive growth outlook [3] - The company is expected to benefit from the rapid growth of the high-frequency and high-speed copper-clad laminate market, driven by advancements in AI and domestic policy support [3]