万向德农(600371) - 投资者关系活动记录

Group 1: Company Overview - Wanxiang Delong Co., Ltd. specializes in the production and sales of corn seeds, achieving a revenue of 319.30 million CNY in 2023, a year-on-year growth of 35.89% [2] - The net profit attributable to shareholders was 65.29 million CNY, reflecting a year-on-year decline of 9.28% due to reduced investment income [2] Group 2: Sales Performance by Region - Northeast region generated 111.47 million CNY in revenue, with core varieties including conventional 968 and transgenic 968 [4] - Central and North China regions accounted for 198.65 million CNY, featuring core varieties like De Dan No. 5 and De Dan 123 [4] - Northwest region reported 2.95 million CNY, with core varieties including Jin Dan 73 and De Dan 1104 [4] Group 3: Core Advantages and Future Plans - Core advantages include strong brand recognition, a well-established marketing network, and strict quality control measures [5] - The company plans to achieve sales revenue of 350 million CNY in 2024, although this is subject to market conditions [5] Group 4: Transgenic Seed Strategy - The company has transgenic varieties in reserve, with plans to sell the transgenic Jingke 968 in suitable regions in Northeast China during 2023-2024 [6] - The market share of transgenic corn seeds in China is projected to reach 80% within five years, based on market penetration rates of transgenic cotton and corn in the U.S. [6] Group 5: Risk Warnings - The content discussed in the investor relations activity should not be interpreted as guarantees of company performance or strategic goals [7] - Investors are advised to refer to official announcements on the Shanghai Stock Exchange for accurate company information and to exercise caution in their investments [7]