赛特新材(688398) - 2024年4月28日投资者关系活动记录表

Group 1: Business Performance - In 2023, the company achieved a net profit growth of 66.14% due to a decrease in the cost of main raw materials and liquefied natural gas [2] - The retail volume of refrigerators in China increased by 1.5% year-on-year, with retail sales growing by 7% [2] - The company reported a year-on-year revenue and net profit growth of 46.39% and 152.12%, respectively, in Q1 2024 [2] Group 2: Market Trends - The demand for high-efficiency refrigerators is rising, driven by energy efficiency standards in developed countries [2] - The export demand for high-efficiency refrigerators in China is increasing, further boosting the demand for vacuum insulation panels [2] - Global major refrigerator manufacturers maintain strong demand for vacuum insulation panels, leading to sufficient orders for the company [2] Group 3: Capacity Expansion and R&D - The company is expanding production capacity in Liancheng and Hefei, with plans to release capacity gradually throughout 2024 [3] - Continuous R&D efforts in 2023 include the development of new packaging processes and various core materials for VIP products [2] - The company aims to enhance internal production management and automation to find cost reduction opportunities [3] Group 4: Regulatory and Strategic Initiatives - The revision of China's new energy efficiency standards for refrigerators is expected to benefit the industry in the long term [3] - The company has submitted opinions and suggestions regarding the new standards, which are anticipated to narrow the gap with advanced regions like the EU [3] - The company has a cash dividend policy, distributing over 30% of annual net profit as dividends since its listing in 2020 [3]