DKEM(300842)2025-03-21 12:15Group 1: Company Performance - In 2024, the company sold 2,037.69 tons of photovoltaic conductive silver paste, an increase of 18.91% compared to the previous year [2] - The sales of N-type TOPCon battery conductive silver paste products reached 1,815.53 tons, accounting for 89.10% of total silver paste sales, maintaining industry leadership [3] - The company achieved a revenue of 1,535,057.15 thousand RMB in 2024, a growth of 59.85% year-on-year, and a net profit of 43,910.39 thousand RMB, up 28.03% [6] Group 2: Strategic Initiatives - The company plans to continue increasing R&D investment to enhance product performance and service levels, while actively exploring new technology fields [3] - The company has entered the storage chip market through the acquisition of 51% of Shenzhen Yimeng Holdings Technology Co., Ltd., which focuses on embedded storage chip applications [4] - The company is developing high copper paste for N-type HJT batteries and expects to achieve large-scale production in the second half of the year [5] Group 3: Risk Management and Financial Strategy - The company incurred a loss of 50 million RMB from silver leasing, which is a strategy to mitigate silver powder procurement costs and price volatility [4] - The company employs silver futures hedging to manage the price fluctuation risks associated with silver powder procurement [5] - A shareholder return plan for 2024 includes a cash dividend of 3.00 RMB per 10 shares, totaling 42,210 thousand RMB [6][7] Group 4: Investor Relations and Governance - The company emphasizes the protection of minority shareholders' rights and adheres to legal regulations for corporate governance [7] - The company has established a three-year shareholder return plan (2024-2026) to ensure stable dividends and reflect shareholder interests [7] - The independent director commits to enhancing communication and cooperation within the board to protect the interests of all shareholders, especially minority ones [7]