键邦股份(603285) - 键邦股份投资者关系活动记录（2024-002）

Group 1: Market Position and Share - The company's market share for its Saike products in the domestic market was approximately 89%, 83%, and 80% for the years 2021, 2022, and 2023 respectively [1][2] - The market share for titanium esters was about 41% and 42% for the years 2021 and 2022, while DBM products had market shares of 21% and 13% for the same years [2] - The company is recognized as a "blue-chip" enterprise with a mature business model and stable operating performance [2] Group 2: Financial Performance - In the first half of 2024, the company's operating income was 362.91 million yuan, representing a growth of 5.70% year-on-year [4] - The net profit attributable to the parent company for the same period was 96.38 million yuan, showing a decline of 2.18% year-on-year [4] - The gross profit margin for Saike products was 48.05%, 45.25%, 42.81%, and 42.32% for the years 2021, 2022, 2023, and the first half of 2024 respectively [3] Group 3: Future Development Strategy - The company aims to enhance its green production technology to support China's "carbon neutrality" and "carbon peak" goals [2][3] - Future strategies include optimizing processes, smart manufacturing, and strengthening brand building to improve overall competitiveness [2] - The company plans to expand its product capacity and diversify its product range to better meet downstream customer needs [3] Group 4: Environmental Trends and Impact - The trend towards environmentally friendly PVC heat stabilizers is gaining traction, with a projected annual consumption growth rate of 11% to 13% for mixed metal salts [3] - The company’s products, such as Saike and DBM/SBM, are positioned to benefit from the shift towards calcium-zinc composite stabilizers, which have greater market potential [3] Group 5: Shareholder Returns - The company implemented a special cash dividend of 1.00 yuan per share on September 5, 2024, to enhance shareholder returns [4] - The company emphasizes timely shareholder returns while balancing future operational funding needs and long-term strategic development [4]