AnHui Jinchun Nonwoven (SZ:300877)2025-05-12 00:10Group 1: Shareholder Information - As of the end of April 2025, the number of shareholders is 10,144 [2] Group 2: Company Performance and Financials - In 2024, the company achieved a revenue of CNY 1,032.41 million, a year-on-year increase of 14.65% [3] - The net profit attributable to shareholders was CNY 30.94 million, up 2.20% year-on-year [3] - The net profit excluding non-recurring gains and losses was CNY 12.33 million, a significant increase of 262.45% year-on-year [3] Group 3: Business Operations and Strategy - The company has not yet initiated cross-border e-commerce retail business, with domestic sales being the primary revenue source [3] - The company plans to focus on core business development, enhance product quality, and invest in technological innovation to improve market competitiveness [3] - The company is set to launch a biodegradable product project with an annual capacity of 12,000 tons in August 2024 and a second phase of an ES project with a capacity of 15,000 tons in June 2025 [3][4] Group 4: Market and Industry Outlook - The non-woven fabric industry is recovering but faces challenges such as raw material price fluctuations and intense market competition [3] - The industry is expected to gradually recover as outdated production capacity is eliminated and consumer demand increases [4] Group 5: Investment and Financial Management - The company has invested in emerging industries through various funds, including a 46.15% stake in Jiangyin Yuande Venture Capital Partnership [4] - The company utilizes idle raised funds for low-risk financial management to enhance returns, complying with relevant regulations [4]