Group 1 - The traditional Chinese medicine (TCM) industry is a key and advantageous industry in Juancheng County, Shandong Province, with a focus on the cultivation, processing, and sales of medicinal herbs [3] - The Shunwangcheng TCM professional market is the only national-level TCM market in Shandong Province, facilitating a comprehensive industrial chain that integrates cultivation, production, sales, storage, logistics, and research [3] - In the first half of this year, the transaction volume of the Juancheng TCM market reached 6.05 billion yuan, with an increase of 18,000 mu in TCM planting area and the establishment of five high-standard planting bases [3] Group 2 - Shandong Shun Agricultural Development Co., Ltd. has leased 900 mu of land for TCM cultivation, focusing on varieties like Ophiopogon japonicus and Scutellaria baicalensis, which are well-suited for local soil and have good market prices [2] - The company ensures stable sales channels through long-term partnerships with TCM markets in Hebei and Anhui, resulting in an average annual income increase of over 20,000 yuan for local villagers [2] - The company also processes and exports TCM products to countries like Japan and South Korea, enhancing its market reach [2] Group 3 - Individual farmer Cha Shibang cultivates 43 mu of medicinal herbs, employing crop rotation methods to enhance soil fertility and reduce pest issues, achieving profits of 3,000 to 10,000 yuan per mu [1] - The scientific crop rotation model used by farmers significantly improves land productivity and sustainability [1] - The integration of TCM cultivation with traditional farming practices contributes to the overall economic development of the region [1]

Group 1: Financial Performance - The company repurchased 5.35 million restricted stock units using 18.76 million CNY of its own funds in 2024 [2] - The net profit for 2024 significantly declined due to three main factors: goodwill impairment, increased R&D expenses by 52.64%, and decreased profits in the healthcare sector due to policy reforms [2][3] - The company reported a goodwill increase of 121,391,986.07 CNY from acquiring 51% of Meishan Hospital, which negatively impacted the profit by 77,018,945.37 CNY due to retrospective adjustments [2][4] Group 2: Future Growth Strategies - The company plans to enhance profitability by focusing on three areas: accelerating new product R&D, increasing sales of existing high-margin products, and improving cost management [2] - The company has established a 355-acre traditional Chinese medicine demonstration base to promote cultivation and quality control [3] - The company is investing in R&D for various therapeutic areas, including anti-anemia, gynecology, nephrology, and medical devices, to improve innovation and market competitiveness [4] Group 3: Shareholder Engagement - As of April 1, 2025, the number of shareholders is 35,487 [3] - The company has distributed over 1.88 billion CNY in dividends since its listing, with annual dividends exceeding 50% of the net profit in the last three years [3] - The company plans to disclose its Q1 2025 report on April 28, 2025 [4]