SLKG(000019)2024-11-13 09:22Group 1: Company Overview - The main business of the company includes wholesale and retail, food processing and manufacturing, and leasing and business services, focusing on products like rice, wheat, corn, and edible oils [1] - The food processing segment involves the production and technical research of flour, rice, edible oils, and beverages [1] Group 2: Dividend Policy - The company emphasizes reasonable returns to investors, with a policy stating that cash distributions should not be less than 10% of the distributable profits for the year [2] - Over the last three years, the cumulative cash distribution should be at least 30% of the average annual distributable profits [2] Group 3: Financial Performance and Challenges - The company's net profit has declined to around 300 million due to fluctuations in grain and oil prices [2] - The company aims to adjust its operational strategies based on market conditions to achieve high-quality development and improve performance [2] Group 4: Risk Management Strategies - The company employs measures such as market forecasting, strategic partnerships, supply management optimization, and product structure refinement to mitigate risks from price fluctuations [2]