海 利 得(002206) - 2025年4月3日投资者关系活动记录表

Financial Performance - The company achieved a revenue of 5.901 billion RMB, a year-on-year increase of 4.96% [2] - Net profit attributable to shareholders reached 411 million RMB, up 17.58% [2] - Net profit after deducting non-recurring gains and losses was 400 million RMB, a growth of 12.95% [2] - Operating cash flow net amount was 648 million RMB, a decrease of 19.83% [2] - Basic earnings per share were 0.35 RMB, reflecting a 16.67% increase [2] Business Segment Contributions - Polyester industrial yarn segment generated 2.754 billion RMB, accounting for 46% of total revenue [2] - Tire cord fabric business contributed 1.300 billion RMB, representing 22.04% [2] - Light box advertising materials generated 601 million RMB, making up 10.18% [2] - New high-performance fiber products, specifically PPS fiber, achieved revenue of 6.88 million RMB, marking a breakthrough from 0 to 1 [2] Strategic Focus and Future Directions - The company is focusing on optimizing product structure and enhancing differentiation, particularly in automotive applications with a 20% increase in demand [3] - Plans to commercialize recycled industrial yarn through physical and chemical methods [3] - The strategic direction includes deepening market segmentation and developing high-value-added products with proprietary technology [4] Growth Drivers for 2025 - Key growth drivers include optimizing production capacity in the polyester industrial filament segment and upgrading domestic chemical fiber business equipment [5] - Enhancing production utilization rates in flooring, coating, and plastic materials [5] - Transitioning innovations from the high-performance materials research institute into marketable products [5] Sustainability and Product Development - The company is implementing a dual upgrade strategy focusing on high specifications and environmental sustainability [6] - Development of differentiated products to meet mid-to-high-end market demands [6] - Continuous investment in R&D for high-performance materials and core technology breakthroughs [4] Export and Trade Strategy - Exports to the U.S. market accounted for approximately 10% of total revenue in 2024 [9] - The company has established a multi-dimensional response mechanism to mitigate impacts from U.S. tariffs [10] Investment and Capital Expenditure Plans - Future capital expenditures will focus on expanding overseas production capacity and commercializing new materials developed by the research institute [12] - The company is cautious about mergers and acquisitions, emphasizing core business stability and knowledge system development [11]