MESNAC(002073)2025-05-12 09:24Group 1: Company Performance and Financials - The company has maintained a steady growth in performance over the past four years, with a notable increase in revenue and profits, yet the stock price remains low due to various external factors [6][25]. - In Q1 2024, the company's main business revenue grew by 23.48%, while net profit only increased by 11.07%, attributed to higher R&D expenses and reduced financial gains [15]. - The company's debt ratio has been rising due to rapid growth in order revenue, but it is expected to decrease as orders are fulfilled and profits are released [5][15]. Group 2: Market and Stock Price Concerns - The stock price has seen a significant decline of 37.76% over 15 trading days, raising concerns about the company's market value management [9]. - The company acknowledges that stock prices are influenced by macroeconomic conditions, industry cycles, and market sentiment, not solely by performance [6][25]. - There is a commitment to enhance shareholder value through increased cash dividends and potential share buybacks in the future [6][11]. Group 3: Strategic Initiatives and Future Outlook - The company is focusing on expanding its R&D efforts to improve product quality and market share, particularly in the EVEC glue production [4][12]. - Plans for production expansion in Cambodia and Mexico are underway, with the Cambodian project expected to commence operations in the second half of the year [4]. - The company is optimistic about the future growth of the rubber machinery industry, driven by the demand for high-performance tires and technological advancements [10][17]. Group 4: Investor Relations and Communication - The company emphasizes the importance of investor communication and plans to enhance engagement through various channels [6][12]. - There is an acknowledgment of the need for better market perception and the intention to address investor concerns regarding stock performance and company value [6][25]. - The management is committed to transparent information disclosure and will evaluate the feasibility of share buybacks based on market conditions [11][15].