DLG EXPO(600826)2024-12-30 08:51Group 1: Investor Relations Activities - The company emphasizes the importance of market value management, focusing on enhancing overall profitability as a core strategy [2] - The company has implemented various measures for market value management, including improving corporate governance and increasing shareholder returns, achieving an A-level information disclosure rating from the Shanghai Stock Exchange [2] - In 2024, the company held its annual performance briefing with over 100,000 views through a live broadcast, aiming to reach more investors [2] Group 2: Financial Performance and Shareholder Returns - The company has maintained a cash dividend ratio of over 50% in recent years, with the introduction of a mid-term dividend in 2024 [2] - During a market downturn, the company repurchased shares, spending a total of 100 million yuan to stabilize investor confidence [2] Group 3: Business Operations and Future Plans - The company’s main business remains stable, with ongoing projects showing both growth and decline; the Shanghai Marathon is a key project for Q4 [2] - The company plans to focus on developing new business areas, including nurturing its own IP exhibition events and pursuing mergers and acquisitions [2][6] - The current self-owned IP exhibitions account for 20-30% of the business, indicating potential for further growth [6] Group 4: AI and New Ventures - The company established a wholly-owned subsidiary, Shanghai Donghao Lansheng Weike Yili Information Technology Co., Ltd., with a registered capital of 50 million yuan, to focus on artificial intelligence services [5] - The World Artificial Intelligence Conference (WAIC) has been elevated to a high-level global governance meeting, enhancing its influence and introducing ticket fees to broaden revenue streams [5] Group 5: Mergers and Acquisitions - The company’s recent acquisition of the IT Expo has resulted in a successful event in April, with an exhibition area of 70,000 square meters, and plans to expand to over 100,000 square meters next year [7] - The company is cautious in its acquisition strategy, focusing on brand potential and risk management while pursuing both organic growth and external mergers [6][7]