Group 1: Financial Performance - In 2024, the company reported a revenue of 137.22 million yuan, a decrease of 17.93% year-on-year [5] - The net profit attributable to shareholders was 23.14 million yuan, down 45.41% compared to the previous year [5] Group 2: Market Conditions - The gas wall-hung boiler industry faced challenges due to the escalation of the Russia-Ukraine conflict, geopolitical tensions, and high inflation, leading to a sluggish market in Europe [5] - The global economic environment remains complex, with ongoing international conflicts affecting market dynamics [6] Group 3: Product Sales and Structure - The sales revenue from household heat exchangers decreased to 78.95%, while commercial heat exchangers increased to 20.41% in 2024 [7] - The company focuses on aluminum alloy condensing heat exchangers and aims to enhance communication with downstream customers for sustainable cooperation [7] Group 4: Research and Development - Future R&D efforts will concentrate on aluminum alloy condensing heat exchangers and exploring the feasibility of investments in the automotive parts sector [6][7] - The company plans to strengthen its R&D capabilities through collaborations with educational institutions [6] Group 5: Investor Relations and Dividends - The company actively monitors its stock price and emphasizes investor interests, implementing a stable dividend policy [7] - The profit distribution plan for 2024 will be reviewed at the shareholder meeting on May 22, 2025, with specific implementation details to be announced later [8]
前进科技(873679) - 投资者关系活动记录表