Group 1: Acquisition and Business Expansion - The company acquired a 63% stake in Hunan Renhe Environmental Co., Ltd. through a combination of issuing shares and cash payment, with the approval from the CSRC on August 5, 2024 [1] - The acquisition is expected to extend the company's main business into waste transfer and integrated sanitation services, while also expanding into kitchen waste processing, which will help cultivate new growth points and enhance profitability [1] Group 2: Financial Performance and Shareholder Returns - Since its listing in 2022, the company has distributed approximately 841 million CNY in dividends over three years, significantly higher than the industry average [2] - The company plans to maintain a high dividend policy of 9 CNY per 10 shares for 2023, resulting in a dividend yield exceeding 5% [2] - The company has stable operating cash flow and sufficient remaining cash to support a sustainable dividend plan [2] Group 3: Project Development and Future Plans - The Liuyang and Pingjiang waste-to-energy projects are progressing according to schedule, with expected completion by the end of 2024 [2] - The Bishkek waste disposal and power generation project in Kyrgyzstan has commenced construction [2] Group 4: Stock Buyback and Market Value - The company is evaluating the recent stock buyback policy and will consider it based on strategic development, operational management, and policy guidance [2] Group 5: Supply Chain Management and Cost Control - The company is actively implementing comprehensive budget management and supply chain management systems to explore cost reduction and efficiency enhancement methods [2]
军信股份(301109) - 2024年10月10日投资者关系活动记录表（湖南辖区2024年度投资者网上集体接待日活动）