华旺科技(605377) - 杭州华旺新材料科技股份有限公司投资者关系活动记录表(20240618)

Group 1: Company Overview - Hangzhou Huawang New Materials Technology Co., Ltd. was established on December 30, 2009, and is headquartered in Lin'an District, Hangzhou [3] - The company is a leading enterprise in the research and production of high-end decorative base paper in China, with two major production bases in Hangzhou and Ma'anshan [4] - Huawang has over 500 varieties of decorative base paper and ranks among the top in the global high-end decorative base paper industry [4] Group 2: Financial Performance - In Q1 2024, the company achieved operating revenue of CNY 952 million, a year-on-year increase of 4.15% [4] - The net profit attributable to shareholders was CNY 147 million, representing a year-on-year growth of 36.59% [4] - The net profit excluding non-recurring gains and losses was CNY 145 million, with a year-on-year increase of 49.95% [4] Group 3: Market and Sales Insights - The impact of the EU's anti-dumping investigation on the decorative base paper industry is limited, with sales in the EU region accounting for less than 5% of total sales in 2023 [5] - The company has sufficient orders and is progressing steadily according to its annual targets [6] - Huawang's core competitiveness in overseas markets lies in its mastery of core technologies and the ability to produce customized decorative base paper products [6] Group 4: Future Plans and Shareholder Returns - The company plans to propose a mid-term dividend for 2024, considering business development and investor returns [7] - The board will draft a suitable mid-term profit distribution plan for shareholder approval [7] - Huawang aims to maintain a long-term, stable, and sustainable shareholder value return mechanism [7]