Core Insights - The company reported a revenue of 1.67 billion yuan for 2024, a year-on-year decrease of 3.39% [1] - The net loss for the year was 71.96 million yuan, compared to a net loss of 51.89 million yuan in the previous year [1] - The company plans to distribute a cash dividend of 10 yuan per 10 shares to all shareholders [1] Product Development - During the reporting period, the company developed 126 new products, confirming 47 formulas, including an upgraded version of the red date pastry [1] - New flavors and forms were introduced, such as "red date + tangerine peel," "red date + ginseng," and "red date + donkey-hide gelatin," along with various other products [1] - The company also launched drinks like red date astragalus water and red date ginger tea, enhancing its product matrix to meet diverse consumer demands [1] Market Strategy - The company focused on health and convenience by developing freeze-dried porridge, instant noodles, and freeze-dried fruits and vegetables, launching 12 new health lock-fresh products [2] - The online channel strategy emphasized creating explosive products that drive offline sales, enhancing the performance of supermarkets and convenience stores [3] - The company expanded its export business, adding 11 new countries and regions, with a 50% year-on-year increase in sales [3] Financial Performance - In Q1 2025, the company reported a revenue of 413 million yuan, a year-on-year decrease of 16.44%, while net profit attributable to shareholders was 39.81 million yuan, a significant increase of 216.08% [3]