法狮龙分析师会议-20250923

Group 1: General Information - The research object is FaShilong, belonging to the decoration industry, and the reception time was September 23, 2025. The listed company's reception staff included the chairman and general manager Shen Zhenghua, independent director Zhu Lixiang, board secretary Cai Lingyun, and financial controller Xu Shenli [16] - The detailed research institutions were investors who participated in the company's 2025 semi - annual performance briefing through online interaction [19] Group 2: Core Views - The company did not conduct a dividend in the first half of 2025 according to its current business development plan and capital use arrangement. It will formulate a profit - distribution policy in line with actual business conditions in the future [23] - The company currently focuses on the sales of prefabricated interior decoration products and materials, not engaging in full - package decoration services. It will announce any business expansion plans as required [23] - The company has established a "stabilize first, then innovate" business strategy. It will optimize the operation efficiency of existing core businesses and strengthen market demand forecasting and risk - response capabilities. It will also invest in technology R & D, product iteration, and service - mode optimization [24]