国力股份(688103) - 投资者关系活动记录表-2024年5月9日

Financial Performance - In 2023, the company's operating revenue remained stable compared to the previous year, while net profit attributable to shareholders decreased due to various factors [1] - The main reasons for the decline in net profit include increased financial expenses, longer project delivery cycles in aerospace and semiconductor sectors, and reduced gross margins in the electric vehicle sector [1] - The company issued convertible bonds amounting to CNY 48 million, leading to increased depreciation expenses after asset conversion [1] Strategic Initiatives - The company established new offices in Suzhou and Chengdu, and created departments for lean management and strategic procurement to enhance customer service and operational efficiency [1] - Despite a challenging market environment, the management team remains confident in achieving sustainable growth through technology development and market expansion [2] Profit Distribution - The company decided to proceed with cash dividends despite a decline in net profit, emphasizing its commitment to shareholder returns and social responsibility [2] - The management focuses on maintaining stable cash flow and controlling accounts receivable and inventory to support long-term development [2] Market Challenges - The overall gross margin for the first quarter of 2024 decreased due to intensified competition in the electric vehicle market, although sales volume significantly increased compared to the previous year [2] - The company anticipates that gross margins will stabilize in the future, supported by a comprehensive budget management system and cost control measures [2] Shareholder Confidence - The company plans to enhance investor confidence and improve stock performance by strengthening technology research and expanding into new markets [2] - Decisions regarding share buybacks will be made based on operational conditions and relevant regulations, with ongoing disclosures to shareholders [2]