AT&M(000969)2025-04-09 09:54Financial Performance - In 2024, the company achieved operating revenue of 7.573 billion CNY, with a new contract amount of 8.11 billion CNY and a net profit attributable to shareholders of 372 million CNY [1] - The operating cash flow reached 770 million CNY, and the asset-liability ratio remained stable at 42.68% [1] Tungsten and Molybdenum Industry - The tungsten and molybdenum sector generated significant revenue despite facing pressure from downstream industries, achieving an operating income of 1.022 billion CNY and a net profit of 202.29 million CNY [2] - The company participated in 13 national-level research innovation projects and obtained 8 new invention patents [2] Rare Earth Permanent Magnet Materials - The rare earth permanent magnet materials sector reported operating revenue of 1.716 billion CNY and a net profit of 88.21 million CNY, showing a decline due to raw material price fluctuations [3] - The production volume reached 6,000 tons, with a steady increase in market share [3] Controlled Nuclear Fusion Industry - The company is the first in China to produce fusion tungsten-copper filters, achieving a closed-loop production process [4] - It has received high recognition from international clients, supplying multiple batches of tungsten-copper products for projects like ITER [4] 2025 Development Plan - The company aims to complete the "14th Five-Year Plan" strategic goals and tasks, focusing on sustainable high-quality development [5] - Key areas of focus include high-end medical equipment, semiconductor applications, and the development of strategic emerging industries [5] Technological Advancements - The company plans to enhance its participation in national-level R&D platforms and strengthen its technological foresight [6] - It aims to improve smart manufacturing capabilities and promote green development initiatives [7]