MENGTIAN(SH:603216)2024-11-21 07:37Group 1: Company Overview - The company is Dream Tian Home Group Co., Ltd., listed under stock code 603216 [1] - The investor relations activity took place on November 21, 2024, at the Shanghai Stock Exchange [2] Group 2: Management Communication - The General Manager, Mr. Yu Jingbin, welcomed investors and expressed gratitude for their support [3] - The company aims to enhance communication with investors and address their concerns during the meeting [3] Group 3: Key Investor Questions and Responses - Question 1: Is there a share buyback plan due to the low stock price? Response: The company will disclose any plans in accordance with legal requirements [3] - Question 2: How is the market sales situation for the second half of the year, especially in the context of a sluggish real estate market? Response: The company remains confident and focuses on retail, home decoration, and refined engineering channels [3] - Question 3: What are the plans for the existing housing market? Response: The company is upgrading from single wood door products to integrated wood products [3] - Question 4: Will there be a dividend next year, and will the payout ratio change? Response: The company emphasizes cash returns to investors and has maintained a stable dividend policy for three consecutive years (2021-2023) [4] - Question 5: Have the government’s "old-for-new" policies helped the company’s performance? Response: These policies are expected to boost consumer willingness and invigorate the home furnishing market [4] - Question 6: How many dealer stores does the company have? Response: As of September 30, 2024, the company has 1,196 dealer stores [4] Group 4: Future Outlook - The company is committed to enhancing core competitiveness and maintaining effective communication with investors [4][5] - The management will continue to implement the overall development strategy to deliver better performance [5] Group 5: Closing Remarks - The management expressed appreciation for investor participation and encouraged ongoing communication through various channels [6][7]