Group 1: Financial Performance - In 2024, the company achieved a revenue of 948.58 million CNY, an increase of 18.34% year-on-year [4] - The net profit attributable to shareholders was 161.72 million CNY, up 17.03% year-on-year [5] - The net profit excluding non-recurring gains and losses was 144.68 million CNY, reflecting a 14.73% increase year-on-year [5] Group 2: Cost Control and Operational Efficiency - The company plans to focus on smart production processes and lean management to enhance profitability and return on investment [2] - Introduction of automated production lines and smart detection equipment aims to optimize key processes and reduce material waste [3] - Cost control will be centered on the entire value chain, including raw material procurement and production efficiency [3] Group 3: Market Expansion and Product Development - The company intends to expand the production capacity of high-value-added products, such as molded multi-wedge belts, leveraging the Michelin brand effect [3] - The overseas revenue primarily comes from Europe, Southeast Asia, South America, and the Middle East, with Europe and Southeast Asia as key expansion areas [6] - The company is actively pursuing capacity expansion and globalization, with a new production base in Thailand expected to commence operations in 2025 [8] Group 4: Governance and Risk Management - Recent revisions to internal management systems, including the Information Disclosure Management System, aim to enhance governance efficiency and risk management capabilities [5] - The company is committed to improving public image and investor relations through better management of public sentiment and information disclosure [7] - Strengthening training for key personnel is part of the strategy to enhance the effectiveness of governance structures [5] Group 5: Challenges and Strategic Responses - The company faces challenges from rising trade protectionism and international trade disputes, particularly in the context of the global manufacturing landscape [4] - To mitigate these challenges, the company will closely monitor global market changes and maintain strong communication with clients [4] - The company plans to implement a "go global" strategy by establishing overseas production bases to achieve localized supply [4]
丰茂股份(301459) - 301459丰茂股份投资者关系管理信息20250428