Luxi Chemical(SZ:000830)2025-05-22 09:22Group 1: Company Performance Overview - In Q1 2025, the company achieved revenue of approximately 7.29 billion CNY, representing a year-on-year increase of 7.96% [1] - The net profit attributable to shareholders was approximately 413 million CNY, a year-on-year decrease of 27.3% [2] - The net profit excluding non-recurring gains and losses was about 384 million CNY, down 33.81% year-on-year, primarily due to a decline in chemical product prices [2] Group 2: Market Response and Strategy - The company is actively implementing measures to ensure stable operations during the summer season, focusing on energy conservation and efficiency improvements [1] - To address market fluctuations, the company is adjusting production, sales, and procurement strategies in response to market demand [1] - The company aims to maximize economic benefits by leveraging its integrated park advantages and optimizing operations [1] Group 3: Dividend Policy and Future Plans - The proposed profit distribution plan for 2024 includes a cash dividend of 3.50 CNY per 10 shares (tax included), based on the total share capital at the end of 2024 [2] - The company will adhere to regulatory requirements and consider profitability and operational needs when determining future dividend plans [2] Group 4: Collaboration and Competition Management - The company signed a framework cooperation agreement with Sinochem Blue Sky to address competition issues related to the production of difluoromethane [2] - This agreement is part of a commitment made by China National Chemical Corporation to resolve competition concerns through asset restructuring and other means [2] Group 5: Operational Efficiency Initiatives - The company is focusing on maintaining safe and stable production while adjusting product output and structure to align with market trends [2] - Initiatives include benchmarking for improvement, enhancing lean production practices, and pursuing cost reduction strategies [2]