Group 1: Financial Performance - In 2024, the company achieved a revenue of 656 million CNY, representing a year-on-year growth of 51.10% [1] - The net profit attributable to shareholders was 52.46 million CNY, showing a decline of 3.88% compared to the previous year [1] Group 2: Revenue Growth Drivers - Significant revenue growth was driven by rapid market demand and a substantial increase in orders from major North American clients [2] - The company expanded its product and customer structure, launching new businesses in heat dissipation fans, liquid silicone, electronic adhesives, and liquid cooling, leading to increased revenue in the automotive sector [2] - The release of production capacity from fundraising projects contributed to the ability to take on more orders [2] - Increased R&D investment enhanced product value and production efficiency, aligning with market needs [2] Group 3: Profit Decline Factors - The slight decline in net profit was attributed to increased expenses from newly consolidated subsidiaries and higher operational costs during their initial stages [3] - Sales expenses rose by 1,149.64 million CNY, a 102.56% increase, due to intensified business development efforts [3] - R&D expenses increased by 1,305.75 million CNY, reflecting a 56.42% rise as the company advanced multiple projects [3] - A total of 2,255.41 million CNY was set aside for potential asset impairment losses [3] Group 4: Business Development and Future Outlook - The company reported significant growth in automotive applications, with products being used in cockpit electronics and new energy vehicle battery systems [3] - For Q1 2025, the company anticipates continued improvement in performance due to enhanced business development and management capabilities [3] - The company is optimistic about 2025 performance, focusing on market expansion, innovation, and strengthening core competitiveness [3] - Strategic plans for 2025 include collaborative development across multiple business sectors, enhancing key technology reserves, and implementing key projects to create new growth points [4]
思泉新材(301489) - 2025年04月16日投资者关系活动记录表