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Core Viewpoint - The company, Zhongchumai New Materials Co., Ltd., has released its 2024 annual report summary, highlighting its financial performance, business operations, and future development plans. Group 1: Financial Performance - The company plans to distribute a cash dividend of 3.50 yuan per 10 shares, totaling approximately 60.59 million yuan, which accounts for 41.64% of the net profit attributable to shareholders [4][5]. - The company has not reported any significant risks that could materially affect its operations during the reporting period [2]. Group 2: Business Overview - Zhongchumai primarily engages in the research, production, and sales of specialty molecular sieves and catalytic new materials, serving various industries including environmental protection and energy chemistry [6][7]. - The company has developed a diverse product matrix covering molecular sieves, catalysts, and fine chemicals, with a focus on innovation and independent research and development [7][12]. Group 3: Product Applications - The main products include specialty molecular sieves and catalysts, which are crucial for clean production in energy and fine chemical sectors, as well as environmental remediation [8][11]. - The company’s products, particularly the CHA structure molecular sieve, are designed to meet stringent emission standards and are used in both mobile and fixed source denitrification applications [9][10]. Group 4: Industry Context - The global industrial catalyst market is projected to reach approximately $22.3 billion in 2024, with a growth rate of about 3.8% annually, driven by the expansion of emerging economies [29][30]. - The catalyst industry in China is experiencing a shift towards domestic production, with a focus on reducing reliance on imports and enhancing local manufacturing capabilities [30][35]. Group 5: Future Development Trends - The company aims to strengthen its global business layout by leveraging its technological advantages and responding to the increasing demand for environmental protection technologies [35][40]. - Continuous investment in research and development is expected to enhance product performance and reduce production costs, aligning with the industry's shift towards greener and more efficient processes [39][40].