NCIC(SZ:002246)2024-05-15 13:31Group 1: Company Performance and Goals - The company's projected operating revenue for 2024 is 2.3 billion CNY, with a total profit of 75 million CNY [2] - The current production capacity of civilian nitrocellulose is 30,000 tons per year, with a focus on maximizing existing capacity based on market demand [1] - The company experienced a decrease in orders due to reduced special order demand, leading to a loss in Q1 2024 [3] Group 2: Pricing and Market Conditions - The pricing of nitrocellulose is flexible and influenced by multiple factors, with adjustments made according to market conditions [2] - The current price of nitrocellulose and the planned production volume for the year were discussed, but specific figures were not disclosed [2] - The company emphasizes that a small portion of its products is subject to a national pricing mechanism, while the majority is priced based on market fluctuations [2] Group 3: Shareholder and Market Management - The company is committed to enhancing market value management and shareholder returns by focusing on core business operations [2] - As of March 31, 2024, no major shareholders participated in the securities lending business, and the company does not have information on the holding costs of major shareholders [3] - Concerns were raised regarding the company's declining performance across its three main business sectors [3]