Hangzhou Cables(SH:603618) Zheng Quan Zhi Xing·2025-08-29 16:17Core Viewpoint - The company is actively implementing its "Quality Improvement and Efficiency Enhancement" action plan for 2025, focusing on core business areas to enhance competitiveness and achieve stable economic growth [1] Group 1: Business Segments - The power cable segment has established a dedicated team to adapt to changes in the bidding model, successfully integrating resources and achieving excellent results in new orders [2] - The optical communication segment has improved production efficiency through management reforms, with fiber optic sales thriving and net profit turning positive due to overseas market expansion [2] - The copper foil segment has successfully entered trial production for its "ultra-thin copper foil project" for new energy vehicles, marking a significant milestone in its strategic layout in the new energy battery materials sector [2] Group 2: Shareholder Returns - The company has consistently prioritized shareholder returns, distributing a total of 117.52 million yuan in cash dividends over the past three years, which accounts for 84.69% of the average annual net profit attributable to shareholders [3] - The company plans to distribute a cash dividend of 0.060 yuan per share, totaling approximately 41.48 million yuan [3] Group 3: Innovation and Development - The company emphasizes innovation-driven development, with several new products achieving provincial-level industrial new product acceptance, including cables and conductors that have received industry awards [3] - More than ten new products have reached significant developmental milestones, enhancing the company's market presence and brand influence [3] Group 4: Investor Communication - The company adheres to legal and regulatory requirements for information disclosure, ensuring transparency and accuracy in communications with investors [4] - Various channels, including performance briefings and investor hotlines, have been utilized to strengthen investor relations and convey company value [4] Group 5: Corporate Governance - The company has improved its governance structure, ensuring compliance and effective operation of its board and committees, with regular meetings held to report on decision implementations [4] - Continuous training for key personnel has been conducted to enhance compliance awareness and understanding of market regulations [6] Group 6: Future Outlook - The company is committed to ongoing implementation of the "Quality Improvement and Efficiency Enhancement" action plan, focusing on operational efficiency, regulatory compliance, and investor communication to enhance overall company quality and investor returns [5]