Langdi Group(603726)2022-11-19 02:34Group 1: Financial Performance - In Q1 2022, the company's performance declined significantly due to the impact of the pandemic, with reduced customer orders and increased raw material costs, but it will not have a long-term impact on operations [1] - In 2021, the company achieved a net profit attributable to shareholders of 31.67% year-on-year growth, driven by increased customer orders and significant profit growth from its associate company [2] Group 2: Strategic Planning - The company aims to enhance its core competitiveness through a group management model, focusing on the development of its main businesses in household air conditioning blades, mechanical fans, and composite materials [2] - Future goals include product upgrades, automation, and digitalization in production, alongside capital operations and mergers to improve operational performance [2] Group 3: Shareholder Returns - The company has maintained a stable profit distribution policy, with cash dividends of CNY 0.35 per share in 2019, CNY 0.4 per share in 2020, and CNY 0.4 per share in 2021, totaling CNY 64.98 million, CNY 74.26 million, and CNY 74.26 million respectively [2] - The company emphasizes the protection of shareholder interests and aims to continuously enhance value creation capabilities [2] Group 4: Market Conditions - The company has observed a decrease in customer orders due to weak domestic and international market demand caused by the pandemic, but it has not significantly impacted operations [3] - The company is closely monitoring fluctuations in raw material prices and has implemented measures such as centralized procurement and strategic reserves to mitigate impacts [3]