Qingdao Gaoce(SH:688556)2023-10-27 10:52Group 1: Financial Performance - The company achieved a revenue of 4.211 billion RMB in the first three quarters of 2023, representing a year-on-year increase of 92.24% [3] - The net profit attributable to shareholders reached 1.173 billion RMB, up 173.90% year-on-year [3] - The basic earnings per share were 3.59 RMB, reflecting a growth of 165.93% compared to the previous year [3] Group 2: Cash Dividend Plan - The company plans to distribute a cash dividend of 10 RMB per 10 shares, totaling approximately 339.08 million RMB (including tax) based on the total share capital as of September 30, 2023 [4] - The cash dividend represents 28.91% of the net profit attributable to shareholders for the first three quarters of 2023 [4] - The decision for the cash dividend considers the company's long-term development, current profitability, and capital structure, aiming to enhance shareholder returns [4] Group 3: Product and Market Insights - Over 80% of the company's diamond wire shipments are of the 34μm and below type, with the 30μm type still in the testing phase for most clients [5] - Despite short-term market fluctuations, the company maintains full production capacity for its diamond wire due to its quality and competitiveness [5]