WEIXING NBM(SZ:002372)2025-07-02 09:22Market Demand and Business Strategy - Current market demand is weak and continues the previous trend [2] - The average cost for PPR products for a 100 square meter house is approximately 1,000-2,000 RMB [2] - Retail business is primarily driven by first-time renovations, with significant regional variations [2] - The likelihood of second-hand homes undergoing renovation increases if they are over 10 years old [2] Company Response to Industry Challenges - The company is focusing on two main strategies: enhancing product and service quality to strengthen competitive advantage, and improving internal management for cost control and efficiency [2] - Emphasis on a "three high" strategy: high-end brand, high-end service, and high-end value to improve consumer experience and brand image [3] Financial Policies and Future Outlook - The company's dividend policy is stable and transparent, with future plans based on various factors [3] - In 2024, the company recognized goodwill impairment of 21.26 million RMB for Guangzhou Hexin and 52.71 million RMB for Zhejiang Kerui, with over 13 million RMB remaining unrecognized [3] - Decisions regarding goodwill impairment for 2025 will depend on accounting standards and auditor evaluations [3]