康华生物(300841) - 300841康华生物业绩说明会、路演活动信息20250514

Group 1: Financial Performance and Projections - The company aims to strengthen marketing management and expand production capacity to improve operational performance, targeting a significant return for investors [3] - The annual rabies vaccine exposure population in China is approximately 40 million, with a vaccination rate of only 35%, indicating a substantial growth opportunity in the market [3] - The company anticipates a decline in sales for the first quarter of 2025, but expects improvement in the second quarter and the second half of the year [4] Group 2: Product Development and Market Strategy - The company has signed an exclusive licensing agreement with HilleVax, Inc. for the overseas development of a six-valent norovirus vaccine, with clinical trials yet to commence [3] - The company is focusing on the development of a new diploid cell rabies vaccine, which is expected to meet the increasing demand for safer and more effective vaccines [3] - The company plans to enhance its marketing network and brand building to improve product penetration and sales [5] Group 3: Challenges and Responses - The company has faced significant declines in vaccine sales, attributed to industry conditions and competition, but is actively seeking to regain market share [5] - The production expansion project has been delayed, with the company emphasizing the importance of learning from past experiences to avoid future setbacks [4] - The company is committed to improving its operational strategies, including cost control and marketing tactics, to adapt to market changes [7] Group 4: Investor Relations and Market Confidence - The company has repurchased 3 million shares to enhance shareholder value and is focused on restoring investor confidence through improved financial results [6] - The stock price has been under pressure, prompting the company to engage in market management strategies [7] - The management team is experienced and is implementing changes to adapt to competitive pressures and market demands [5]