Kitech(SZ:300995)2025-04-30 08:42Financial Performance - In 2024, the company achieved operating revenue of CNY 346 million, a year-on-year increase of 22.20% [3] - The net profit for 2024 was CNY 8.82 million, up 10.15% year-on-year, with a non-recurring net profit of CNY 8.65 million, increasing by 51.56% [3] - For Q1 2025, the operating revenue reached CNY 87.57 million, a growth of 24.22% compared to the same period last year [3] - The net profit attributable to shareholders was CNY 4.06 million, a year-on-year increase of 17.16% [3] - The net cash flow from operating activities was CNY 2.57 million, up 173.91% year-on-year [3] Strategic Focus - The company aims to drive high-quality development through innovation and core technology, focusing on lightweight modified materials for automobiles and green eco-friendly materials [4] - Emphasis on deepening relationships with major clients in sectors such as new energy vehicles and high-end home appliances to promote high-quality growth [4] - Plans to expand production capacity for carbon fiber products and increase investment in the Thai subsidiary to meet rising demand in Southeast Asia [5] Industry Outlook - The company operates in the new materials sector, focusing on environmentally friendly and functional polymer modified plastics and carbon fiber products [6] - National policies are increasingly supportive of the new materials industry, particularly high-performance engineering plastics and carbon fiber materials [6] - The growth of high-end and lightweight new energy vehicles, along with the rapid development of low-altitude flying industries, is expected to drive demand for high-performance modified plastics and carbon fiber composites [6]