Group 1: Research Basic Information - The research object is Zhongchumei, belonging to the chemical raw materials industry, and the reception time is September 15, 2025. The listed company's reception staff includes Jin Zhong, the director, deputy general manager, and board secretary, and Song Cheng, the securities affairs supervisor [17] Group 2: Detailed Research Institutions - The reception object is Western Securities, and the type of the reception object is a securities company [20] Group 3: Main Content - The reason for the increase in the company's gross profit margin compared with the same period last year is the increase in operating income during the reporting period and the decrease in the prices of important raw materials such as natural gas, resulting in a reduction in operating costs [22] - The company's products are mainly divided into special molecular sieve and catalyst series, non - molecular sieve catalyst series, and catalytic application process and chemical technology services. Special molecular sieve and catalyst series include mobile source denitration molecular sieve, etc.; non - molecular sieve catalyst series include metal dehydrogenation catalyst, etc.; catalytic application process and chemical technology services include HPPO method propylene oxide process package [23] - The company expects the sales volume of mobile source denitration molecular sieve series products to increase steadily because it has a long - term strategic cooperation agreement with BASF, BASF's market share in this series of products has been increasing in recent years, and the new model of mobile source denitration molecular sieve is the company's exclusive patented technology that can meet international emission standards [24][25] - The company's technological advantages lie in providing customized process route design and full - cycle technical service solutions for customers based on years of technological reserves, and the company's process package service has been verified by well - known domestic industrialization projects. It also has a professional team to provide full - process services from process diagnosis to production optimization [26]

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].