金发科技：将持续在新材料领域突破关键技术，为国家战略性材料提供保障

Core Viewpoint - The company, Jinfat Technology, emphasizes its strategic continuity and execution strength following the management transition in May 2024, aiming for high-quality development through its "1438" strategic development plan [2] Group 1: Strategic Development - The company adheres to the "1438" strategy, focusing on strengthening its middle business (modified plastics and new materials) while solidifying upstream (green petrochemicals) and downstream (medical health) operations [2] - The company aims to enhance its engineering plastics proportion and accelerate the production of overseas bases in the modified plastics sector [2] Group 2: Financial Performance - The company projects a 160.36% year-on-year increase in net profit attributable to shareholders for 2024, with a 55.86% increase expected in the first three quarters of 2025 [2] - The company has implemented "three reductions" measures (reducing debt, financing costs, and capital expenditures), leading to a decline in asset-liability ratio and financial expenses, alongside steady growth in operating cash flow [2] Group 3: Future Opportunities - The new materials sector will leverage opportunities in AI, robotics, and low-altitude economy to promote the release of new special engineering plastics capacity and strengthen its advantages in the biodegradable materials supply chain [2] - The green petrochemical sector will focus on integrated synthetic modification and the development of high-end specialty materials to improve operational conditions and respond to industry cyclicality [2] Group 4: Research and Innovation - The company possesses a national-level R&D platform, a leading-scale R&D team, and a global innovation culture, aiming to achieve breakthroughs in key technologies in the new materials field [2] - The company is committed to providing support for strategic materials and creating long-term value for investors [2]