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集泰股份(002909) - 2025年4月11日投资者关系活动记录表
JOINTASJOINTAS(SZ:002909)2025-04-11 11:20

Sales Performance - In 2024, domestic sales revenue was CNY 1,255.15 million, accounting for 97.68% of total sales, while international sales revenue was CNY 29.77 million, accounting for 2.32% [3] - The main products sold internationally are construction adhesives and electronic adhesives, with distribution networks established in Cambodia, Thailand, and Australia [3] Impact of Tariff Policies - The company primarily relies on domestic raw materials, with only a small amount of additives imported from the U.S., which can be replaced by domestic or other international sources [4] - The impact of U.S.-China tariff policies on the company is minimal, as foreign trade sales accounted for only 2.32% of total revenue in 2024 [4] Profitability and Growth Strategy - In 2024, net profit attributable to shareholders was CNY 19.28 million, a year-on-year increase of 88.27% [5] - The company plans to focus on new markets such as new energy vehicles, energy storage, and 3C electronics while enhancing traditional sectors like construction and petrochemicals [5][6] R&D Investment - R&D investment in 2024 was CNY 59.30 million, representing 4.61% of total revenue, maintaining over 4% for five consecutive years [12] - The company has developed fire protection solutions for power batteries and has become a supplier for major manufacturers like BYD [12] Market Adaptation - In the construction adhesive sector, sales revenue in 2024 was CNY 664.26 million, a decrease of 25.46% year-on-year, but the gross margin remained stable at 26.32% [13] - The company is expanding into new markets, with industrial adhesive sales increasing by 26.49% and coatings sales increasing by 54.84% in 2024 [14] Competitive Advantage - The company emphasizes high-quality development and a differentiated competition strategy, focusing on market responsiveness and customer service [9] - It has invested CNY 13 million in a synthetic laboratory to enhance product development capabilities [10] New Energy Market Development - The company provides various safety protection solutions for batteries in the new energy sector, with sales revenue from two-wheeled electric vehicles and new energy vehicles reaching CNY 21.99 million, a year-on-year increase of 76.12% [16]