Sunshine(SZ:300227)2025-04-09 11:06Financial Performance - In 2024, the company reported a revenue of 111,817.02 million yuan, representing a year-on-year growth of 4.23% [2] - The net profit attributable to the parent company was a loss of 2,736.66 million yuan, with a net profit of 4,810.71 million yuan after deducting non-recurring gains and losses [2] - The net cash flow from operating activities was 8,580.43 million yuan [4] Business Impact and Strategy - The company plans to focus on its core business in 2025, aiming to stabilize existing operations amid industry cycle impacts [2] - The U.S. tariffs are expected to have some impact on the domestic electronics manufacturing industry, but the company's related business has not been directly affected [3][6] - The company is actively seeking market opportunities to enhance profitability while maintaining its leading position in the SMT business [7] Investment and Growth Plans - The company is undergoing a directed share issuance to raise funds primarily for working capital, with a focus on stable business development [3] - Significant investments are being made in the construction of the "Guangyun Da (Chengdu) Aviation Manufacturing Base," which will enhance production capacity and operational efficiency [8] - The company aims to expand its customer base in the aviation manufacturing sector, particularly in military and civilian applications [5] Market Outlook - The laser manufacturing industry is experiencing rapid growth due to industrial upgrades and emerging applications, with a positive outlook for future development [8] - The company anticipates that the electronic information manufacturing industry will recover steadily as global economic conditions improve [8] Shareholder Relations - The company has a profit distribution policy that ensures cash dividends are at least 33% of the average distributable profit over the last three years when conditions are met [9] - The management emphasizes maintaining investor confidence through active communication and strategic decisions [3][9]