JIAXIN SILK(002404)2025-04-08 10:40Group 1: Investor Relations Activities - The company participated in an online investor meeting for the 2024 annual performance presentation [2] - The meeting was hosted by the Vice Chairman and General Manager, Mr. Xu Hong, along with other key executives [2] Group 2: Business Model and Market Strategy - The company emphasizes the "design-oriented foreign trade" model, increasing the proportion of ODM (Original Design Manufacturer) to enhance market understanding and expand market share [2][3] - The company has seen significant growth in orders due to design improvements, leading to increased customer satisfaction and loyalty [2] Group 3: Challenges and Responses - The company faces challenges such as insufficient consumer demand and intensified competition, requiring more effort to stand out [3] - Strategies include enhancing market development through visits and exhibitions, and focusing on product value [3] Group 4: Financial Performance - In 2024, the company reported a revenue of 4.56 billion, a 6.29% increase from the previous year, while the net profit after deducting non-recurring items decreased by 18.74% [4] - The company maintains a healthy development despite the decline in profitability, asserting that it has not incurred losses [3][4] Group 5: Future Growth Drivers - Future profit growth will be driven by building supply chain clusters, enhancing design and R&D capabilities, and strengthening team development [4] - The company is optimistic about the industry's future, viewing it as essential to daily life, despite current competitive pressures [4]