CTS(SZ:000551)2025-04-25 09:16Group 1: Financial Performance - In 2024, the company achieved operating revenue of CNY 4.192 billion, a year-on-year decrease of 3.03% [2] - The total profit reached CNY 422 million, an increase of 42.53% year-on-year [2] - Net profit attributable to the parent company was CNY 250.63 million, up 61.39% year-on-year [2] - The net profit after deducting non-recurring gains and losses was CNY 223.23 million, a rise of 77.81% year-on-year [2] - The return on equity for the reporting period was 10.10% [2] - Earnings per share stood at CNY 0.62 [2] - Total assets at the end of the reporting period were CNY 6.213 billion, an increase of 0.78% year-on-year [2] - Net assets attributable to the parent company were CNY 2.620 billion, a growth of 12.08% year-on-year [2] - The asset-liability ratio was 40.98% [2] - Cash flow from operating activities was CNY 464 million, a year-on-year increase of 111.79% [2] Group 2: Research and Development - In 2024, the company invested CNY 215 million in R&D, accounting for 5.14% of operating revenue [2] - The company obtained 110 patent authorizations, including 50 invention patents, a year-on-year increase of 46.67% [2] - A total of 113 new projects were applied for, with 41 being invention patents, maintaining a similar application volume compared to the previous year [2] - The company has established 56 innovation platforms at various levels, including 5 national, 27 provincial, and 24 municipal platforms [2] Group 3: Strategic Planning and Market Position - The company aims to focus on its core business areas, enhancing competitiveness and promoting high-quality development [3] - The strategic plan for 2025 includes capital operation, investment development, marketing planning, R&D innovation, brand building, risk compliance, and talent empowerment [3] - The company will continue to strengthen its main business and enhance governance and decision-making mechanisms [3] - The company is committed to increasing its market share in the clean environmental protection and high-voltage insulator sectors [6] Group 4: Shareholder Returns and Market Communication - The profit distribution plan for 2024 proposes a cash dividend of CNY 1.00 per 10 shares and a capital reserve transfer of 2 shares for every 10 shares [4] - Cumulative dividends since the company's listing amount to CNY 605 million, with a total of CNY 96.95 million distributed over the last three fiscal years (2022-2024) [5] - The company emphasizes the importance of investor relations and plans to enhance communication with investors to improve market visibility [7]