Keshun(SZ:300737)2024-05-13 10:38Group 1: Company Performance and Market Position - The company's market value has shrunk by 80% over the past two years, leading to management's deep reflection and commitment to improve performance for investors [2] - The company reported a net profit of 52.73 million yuan in Q1 2024, indicating a potential recovery from previous losses [6] - The company has recognized credit impairment losses totaling 7.62 billion yuan and asset impairment losses of 0.61 billion yuan, primarily due to the ongoing downturn in the real estate market [4] Group 2: Investor Relations and Communication - The company aims to enhance investor relations by increasing communication through various channels, including performance briefings and investor receptions [1] - The management acknowledges the need for improved market visibility and is committed to strengthening brand image and operational performance [1] Group 3: Risk Management and Financial Strategy - The company has implemented measures to assess and manage bad debt risks associated with accounts receivable, focusing on improving collection processes and reducing overdue accounts [2] - The company plans to maintain a strict policy of reducing accounts receivable and enhancing cash flow efficiency [4] Group 4: Research and Development Initiatives - The company is actively developing new materials and optimizing existing products to enhance market competitiveness, including exploring upstream raw material technologies [3] - The company emphasizes the integration of technology and innovation in its operations, aiming to develop high-performance, environmentally friendly waterproof materials [6] Group 5: Future Outlook and Strategic Plans - The company is focused on expanding its market share by enhancing distribution channels and targeting state-owned enterprises and high-quality clients [7] - The company plans to accelerate its globalization strategy, particularly in Southeast Asia and regions aligned with the Belt and Road Initiative [6]