RUNNER(603408)2024-10-28 08:47Group 1: Financial Performance - The company achieved a revenue of 397 million CNY in the first three quarters of 2024, representing a year-on-year increase of 36.36% [1] - The net profit attributable to shareholders reached 377.7 million CNY, up by 22.22% compared to the previous year [1] - The net cash flow from operating activities was 3.66 billion CNY, with a debt-to-asset ratio of 32.11%, a decrease of 1.92 percentage points from the beginning of the period [1] Group 2: Production Expansion - The Thai production base has a total designed capacity of approximately 1.2 billion CNY, with significant improvements in gross and net profit margins in the first three quarters [1] - The Mexican production base is a strategic move to enhance proximity to North American customers, with an investment of 4 million USD planned to establish operations by the end of this year [2] - The Mexican base aims to improve product development efficiency and customer satisfaction while expanding the company's international market share [2] Group 3: Product Development - All major product categories, including kitchen and bathroom fixtures and water purification systems, have shown growth in the first three quarters [2] - The company is expanding its market share in existing customer categories while also penetrating new brand clients in the hardware sector [2] - The company plans to maintain a stable cash dividend policy, with a mid-term dividend expected to be implemented based on the solid financial performance in 2024 [2]