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（20240816)

Financial Performance - In the first half of 2024, the company achieved operating revenue of 194,655.50 million yuan, a year-on-year increase of 4.59% [4] - The net profit attributable to shareholders was 30,215.16 million yuan, reflecting a growth of 28.06% compared to the same period last year [4] - The net profit after deducting non-recurring gains and losses was 27,425.99 million yuan, up by 24.47% year-on-year [4] - The net cash flow from operating activities was 17,693.99 million yuan, showing a significant increase of 103.68% [5] Dividend Policy - Over the past three years (2021-2023), the company distributed a total of 70,837.72 million yuan in cash dividends, with a cash dividend payout ratio averaging 46.5% [5] - For the 2024 interim profit distribution plan, the company intends to distribute a cash dividend of 4.20 yuan (including tax) per 10 shares, totaling 19,484.90 million yuan, which accounts for 64.49% of the net profit attributable to shareholders for the first half of 2024 [5][6] Export Performance - In the first half of 2024, the company achieved foreign sales revenue of 421 million yuan, an increase of 8.56% compared to the same period last year [6] - The main export markets include Europe and Southeast Asia, with plans to further enhance market share in these regions [6] Industry Trends - In 2023, the sales volume of decorative paper in China reached 141.07 million tons, marking a year-on-year growth of 33.48% [8] - The demand for decorative paper in China continues to grow steadily, driven by structural optimization and expansion into new application areas [8] - The industry is expected to shift towards high-end products, with lower-end capacities gradually exiting the market due to increasing consumer quality demands [8][9] Cost Control Advantages - The company has established a comprehensive cost control system throughout the production cycle, leveraging over 20 years of production experience [7] - By combining large-scale production with rich management experience, the company effectively reduces raw material and energy waste while ensuring product quality stability [7][8]