JINHUI(SH:603919)2024-10-30 09:21Group 1: Financial Performance - In the first three quarters of 2024, the company achieved operating revenue of 2.328 billion yuan, a year-on-year increase of 15.31% [2] - Operating costs for the same period were 835 million yuan, up 13.27% year-on-year, primarily due to increased production and sales volume [2] - Gross profit margin for the first three quarters was 64.14%, an increase of 0.65 percentage points year-on-year; net profit margin was 14.12%, up 0.81 percentage points year-on-year [2] Group 2: Share Buyback - As of September 30, 2024, the company had repurchased a total of 10,415,243 shares, accounting for 2.0532% of the total share capital [3] - The highest purchase price was 20.94 yuan per share, and the lowest was 15.49 yuan per share, with a total expenditure of approximately 192.59 million yuan (excluding transaction fees) [3] Group 3: Marketing Strategy - The company is implementing a marketing strategy focused on "national layout, deepening the Northwest, and key breakthroughs," aiming to serve 100 million consumers through a user-centric approach [2] - The marketing transformation emphasizes "user engineering led by brand influence + deep market control," aiming to drive sales growth [2] - The company is also focusing on optimizing product structure and enhancing customer resource management to boost overall product sales [3] Group 4: Contract Liabilities - As of the end of the third quarter, contract liabilities amounted to 476 million yuan, a year-on-year increase of 10.29%, attributed to increased orders from distributors during the current period [3] - The rise in contract liabilities indicates strong product movement and positive channel stocking intentions [3]