Group 1: Stock Performance and Investor Confidence - The company's stock price has recently declined due to market volatility and high legal fees related to U.S. investigations, leading to significant pressure on profits [2] - In Q1 2024, the net profit attributable to shareholders dropped by 75.57% to ¥5,625,346.26 due to high legal costs [11] - The company is committed to enhancing operational performance and engaging with investors to boost confidence in its future prospects [2] Group 2: Legal and Regulatory Matters - The company is currently under investigation by U.S. authorities, with a search conducted on its subsidiary on January 18, 2024 [3] - Legal fees incurred from the investigation are expected to impact the company's 2024 financial performance [3] Group 3: Shareholder Relations and Future Plans - The controlling shareholder's lock-up period will expire at the end of June 2024, but no plans for share reduction have been communicated yet [6] - The company is open to arranging factory visits for shareholders after meetings [4] Group 4: Industry Position and Product Development - The company has over 100 patents and is recognized for its advanced manufacturing technology in automotive hoses [5] - It has established strong partnerships with major automotive manufacturers, including General Motors and BYD, enhancing its market reputation [7] - The company is focusing on the growing demand for cooling hoses in the electric vehicle sector and plans to increase R&D investment in this area [8] Group 5: Financial Performance - In 2023, the company achieved a sales revenue of ¥828,211,370.47, a year-on-year increase of 14.25%, and a net profit of ¥83,770,516.04, up 29.20% [10] - Total assets reached ¥1,218,214,755.41, reflecting an 11.62% growth compared to the previous year [10] Group 6: Strategic Initiatives - The company raised ¥156,530,000.00 through a public offering, with a net amount of ¥137,164,277.93 after expenses, to fund its automotive pipeline system technology upgrade project [16] - The project has seen an investment of ¥38,320,437.85, with construction completed and equipment procurement underway [16]
三祥科技(831195) - 投资者关系活动记录表