WEIXING NBM(SZ:002372)2025-04-30 11:24Financial Performance - The company's net profit attributable to shareholders decreased by 33.49% compared to the previous year, primarily due to increased market investment and brand promotion costs, which rose by 116.71 million yuan, and a decrease in investment income from joint ventures by 166.94 million yuan [6][18]. - Cash and cash equivalents decreased by 45.43% compared to the beginning of the year, mainly due to increased cash dividends and investments in financial products [3][6]. - Non-recurring gains and losses amounted to 35.77 million yuan during the reporting period [5]. Investment and Growth - The investment amount increased by 1.70 billion yuan compared to the same period last year, primarily due to the purchase of bank financial products totaling 1.80 billion yuan [5][6]. - The company plans to achieve a revenue target of 6.58 billion yuan in 2025, with costs and expenses aimed to be controlled around 5.35 billion yuan [19]. Market and Business Strategy - The company is focusing on enhancing its market share in the retail business while maintaining a healthy development in the engineering business [19]. - The company’s overseas business revenue grew by 26.65% compared to the previous year, indicating a positive trend in international market expansion [14]. Corporate Governance and Compliance - The company has established a robust internal control system in compliance with relevant laws and regulations, enhancing operational standards and protecting shareholder interests [3][6]. - The company’s independent directors actively participated in various governance activities, ensuring effective oversight and communication with management [2][4]. Dividend Policy - The company maintains a stable dividend policy, planning to distribute 5.00 yuan per 10 shares for the 2024 fiscal year, pending approval at the shareholders' meeting [3][11]. Research and Development - In 2024, the company filed 234 patents, including 33 invention patents, and was recognized as a "National Technology Innovation Demonstration Enterprise" [7]. - The company is committed to continuous product innovation and technology advancement, focusing on new applications and market opportunities [7][17]. Risk Management - The company anticipates facing risks related to macroeconomic changes, intensified industry competition, and fluctuations in raw material prices, and is implementing strategies to mitigate these risks [19][20].