8月12日，志特新材连续4个交易日下跌，区间累计跌幅-10.20%。江西志特新材料股份有限公司是一家专注于新型建筑铝模、爬架、装配式PC构件,业务涵盖 民建及公建领域的A股上市公司(股票代码:SZ300986),公司从江西广昌革命老区起步,运营总部设在粤港澳大湾区腹地广东中山翠亨新区,产品畅销海内外全球 30多个国家和地区。 财报显示，国泰基金旗下国泰区位优势混合A进入志特新材前十大股东，且为今年二季度新进。今年以来收益率14.34%，同类排名2187(总4501)。 国泰区位优势混合A基金经理为智健。 简历显示，智健先生:中国,硕士研究生。曾任职于广发证券、汇丰银行(香港),2017年5月加入国泰基金,历任研究员、基金经理助理,现任国泰区位优势混合型 证券投资基金基金经理。 | ○ 基金经理:智健 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 累计任职时间：3年又274天 任职起始日期：2021-11-12 | | | 基金经理简介:智健先生:中国,硕士研究生。曾任职于广发证券、汇丰银行(香港),2 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [7] Core Views - The company achieved a revenue of 556 million yuan in Q1 2025, representing a year-on-year growth of 23.65%. The net profit attributable to shareholders was 25 million yuan, turning positive compared to the previous year, while the net profit after deducting non-recurring items was 21 million yuan, also turning positive year-on-year [2][4] Summary by Sections Revenue and Profitability - The company experienced double-digit revenue growth, benefiting from the gradual advancement of overseas business and improved domestic management efficiency. The optimistic outlook for the year is supported by the gradual improvement in domestic aluminum template and climbing frame businesses, as well as the expansion of overseas leasing and sales of aluminum templates [11] - The comprehensive gross profit margin for Q1 2025 was 28.08%, an increase of 6.36 percentage points year-on-year. The expense ratio decreased by 4.25 percentage points to 21.78% [11] Cash Flow and Financial Health - The cash flow significantly improved in Q1, achieving a net inflow of 116 million yuan, turning positive year-on-year. The cash collection ratio was 129.06%, up by 9.66 percentage points year-on-year [11] - The company's asset-liability ratio decreased by 1.77 percentage points to 66.00%, and the accounts receivable turnover days reduced by 30.43 days to 235.29 days [11] Strategic Initiatives - The company is collaborating with Quantum Innovation Center and Micro Era to integrate AI and quantum technology into new material research. A joint venture was established with Micro Era, which focuses on bringing cutting-edge quantum computing applications to various industries [11] - The company plans to launch an equity incentive program before the National Day in 2024, with performance targets set for net profit and overseas revenue for the years 2024-2026 [11]