NHU(SZ:002001)2025-05-08 14:32Group 1: Company Performance - In 2024, the company's operating revenue reached 21.609 billion RMB, a year-on-year increase of 42.95% [3] - The net profit attributable to shareholders was 5.868 billion RMB, up 117.01% year-on-year; the net profit excluding non-recurring items was 5.829 billion RMB, an increase of 122.97% [3] - In Q1 2025, the operating revenue was 5.439 billion RMB, a year-on-year growth of 20.91%, with a net profit of 1.880 billion RMB, up 116.18% [4] Group 2: Strategic Focus - The company has set a strategic direction of "accelerating overseas market expansion, enhancing innovation for development, improving management capabilities, and maintaining stable operations to prevent risks" for 2025 [4] - The company aims to achieve the goal of "World New Hecheng" by focusing on "Chemicals+" and "Biology+" strategies [4] Group 3: Market and Product Development - The solid methionine production capacity is 300,000 tons per year, with an 180,000 tons/year liquid methionine project in collaboration with Sinopec currently in trial production preparation [5] - The Tianjin nylon industry chain project is planned for an annual production of 500,000 tons of adiponitrile and hexamethylenediamine, with the first phase set for 100,000 tons [6] Group 4: Research and Development - The company is building a comprehensive strain technology research and development system, collaborating with top research institutes and universities to optimize fermentation processes and strain efficiency [7] - The company has established a talent cultivation and incentive system to attract and retain top talent for innovation [8] Group 5: Risk Management and Competition - The company faces competition in both domestic and international markets and aims to turn market competition into a driving force for innovation and development [9] - The company plans to enhance its competitiveness through technology iteration, product upgrades, and cost control [9] Group 6: Shareholder Returns - Since its listing, the company has maintained annual cash dividends, with the dividend amount accounting for 30%-50% of the annual net profit, totaling 15.5 billion RMB in cumulative dividends [11] - In 2025, the company announced a share repurchase plan of 300 million to 600 million RMB to boost market confidence [11]