国瓷材料(300285) - 300285国瓷材料投资者关系管理信息20250421

Group 1: Financial Performance - In 2024, the company achieved a revenue of 4.047 billion CNY, a year-on-year increase of 4.86% [2] - Net profit attributable to shareholders reached 605 million CNY, up 6.27% from the previous year [2] - The net profit after deducting non-recurring gains and losses was 581 million CNY, reflecting a growth of 7.05% [2] - In Q4 2024, the company reported a revenue of 1.08 billion CNY and a net profit of 123 million CNY [2] Group 2: Business Segment Performance - Electronic materials segment: Recovery in demand for MLCC dielectric powder and accelerated domestic substitution of electronic slurry [2] - Catalytic materials segment: Performance impacted by high base from the previous year and heavy truck inventory; coverage of mainstream domestic passenger car clients is nearly complete [2] - Biomedical materials segment: Establishing overseas structure to promote internationalization and enhancing product innovation and brand layout [2] - New energy materials segment: Rapid cost reduction in diaphragm coating materials, supporting high growth in production and sales [2] - Precision ceramics segment: Significant growth in ceramic balls for new energy vehicles, with positive market expansion [2] - Ceramic ink segment: Revenue growth impacted by decreased real estate completion area; focusing on digital printing materials for a second growth curve [3][2] Group 3: Investor Q&A Highlights - MLCC raw material recovery is benefiting from downstream demand recovery, with sales gradually increasing and domestic substitution accelerating [4] - The company has deepened cooperation with clients in the honeycomb ceramic products sector, entering the supply chain of leading clients despite market inventory cycles [5] - The ceramic substrate business of Guoci Saichuang has seen significant improvements in product performance and reliability, with stable supply to global leading companies [6] - Guoci Kanglitai is developing new products to strengthen its position in the domestic market and exploring overseas market demands [7]