ZYNM(SH:603527) Zheng Quan Zhi Xing·2025-08-26 16:13Core Viewpoint - The company has implemented a "Quality Improvement and Efficiency Enhancement" action plan to align with regulatory requirements and enhance shareholder returns, reporting significant growth in net profit while facing challenges in non-recurring profit metrics [1][8]. Financial Performance - The company's net profit attributable to shareholders reached 0.95 billion, an increase of 46.18% year-on-year, while the net profit excluding non-recurring items decreased by 123.25% to -0.12 billion [1]. - As of June 30, 2025, total assets amounted to 46.24 billion, reflecting a year-on-year growth of 12.76%, and net assets attributable to shareholders were 20.55 billion, up 2.24% [2]. Business Operations - The company produced 62,400 tons of copper strip and sold 62,700 tons, with copper foil production at 1,756.24 tons and sales at 1,730.81 tons, achieving export sales of 4,471.95 tons [2]. - The company’s subsidiary, Anhui Yongjie Copper Industry, has a project with an annual production capacity of 100,000 tons of high-precision copper alloy strip and 50,000 tons of copper strip, with the first phase now operational [2]. Product Development - The company’s main products in the new energy sector include battery pack casings and structural components, with an annual capacity of 500,000 sets, primarily serving clients like Chery Automobile [2]. - The aluminum foil business produced 6,984.57 tons, with battery foil production at 379.52 tons, and the first phase of a 50,000-ton battery foil project is now operational [3]. Shareholder Returns - The company declared a cash dividend of 0.16 per share, totaling 50.72 million, which represents 39.84% of the net profit attributable to shareholders for 2024 [5]. - Since its listing, the company has distributed dividends eight times, amounting to approximately 344 million [5]. Innovation and R&D - The company holds 23 invention patents and 80 utility model patents in the new materials sector, and 2 invention patents and 15 utility model patents in the new energy sector [6]. - The R&D center focuses on optimizing production processes and enhancing product value, aiming to foster new productive forces [5]. Governance and Compliance - The company has revised its governance documents to ensure compliance with legal requirements and improve operational standards [7]. - It emphasizes the training of key personnel to enhance compliance awareness and risk management capabilities [7]. Investor Communication - The company adheres to strict information disclosure regulations and has established multiple channels for investor communication, including performance briefings and interactive platforms [6].