Core Viewpoint - The company, Guangda Special Materials, is actively repurchasing shares to boost market confidence, with a total of 17.77 million shares repurchased for 390 million yuan, nearing the upper limit of its repurchase plan of 400 million yuan [1][3][4]. Group 1: Share Repurchase - Guangda Special Materials has initiated a new round of share repurchase, with a total repurchase amount not less than 200 million yuan and not exceeding 400 million yuan [2][4]. - The company’s share price has significantly increased, rising over 80% from 14.99 yuan per share at the beginning of the year to 27.11 yuan per share by June 18 [2][4]. - The repurchase is based on the confidence in the company's future development and aims to protect the interests of investors, especially small and medium-sized investors [4]. Group 2: Financial Performance - The company has shown a remarkable improvement in profitability, with a year-on-year increase in net profit and non-recurring net profit exceeding 20 times for two consecutive quarters [3][6]. - In the fourth quarter of 2024, the company reported a net profit of 35.33 million yuan and a non-recurring net profit of 30.98 million yuan, representing year-on-year growth of 7348.26% and 2424.28%, respectively [6]. - The company’s revenue for the first quarter of this year reached 1.12 billion yuan, a year-on-year increase of 25.75%, with a net profit of 74.25 million yuan, up 1488.76% [6]. Group 3: Business Operations - Guangda Special Materials focuses on high-end steel materials and components for industries such as renewable energy and rail transportation, with revenue steadily increasing from 1.81 billion yuan in 2020 to 4.003 billion yuan in 2024 [5]. - The company’s revenue from the renewable energy wind power business accounted for 54.86% of total revenue in 2024, with energy equipment and mechanical equipment contributing 19.8% and 9.32%, respectively [6]. - The company is also exploring strategic emerging industries such as military nuclear power, aerospace, and marine engineering, with R&D expenses exceeding 200 million yuan in 2024 [7].