JLMAG(SZ:300748)2022-12-04 09:46Group 1: Company Strategy and Goals - The company aims to maintain its leading position in sectors such as wind power generation, energy-efficient variable frequency air conditioning, new energy vehicles, and smart manufacturing while expanding into the 3C market [3] - The focus will be on increasing R&D investment and implementing lean management to enhance profitability and industry standing [3] Group 2: Stock Incentive Plan - The company approved a stock incentive plan on August 26, 2020, granting 7.837 million restricted stocks at a price of 21.62 CNY per share, representing approximately 1.90% of the total share capital as of June 30, 2020 [4] - Performance targets for net profit growth relative to 2019 are set at a minimum of 30% for 2020, 60% for 2021, and 90% for 2022 [4] Group 3: Production Capacity - As of mid-2020, the company has a production capacity of 12,000 tons per year for its raw materials [5] - Plans are in place to raise funds for a project aimed at producing 3,000 tons of high-end magnetic materials for new energy vehicles and the 3C sector [5] Group 4: Business Performance - In the first half of 2020, revenue from energy-efficient variable frequency air conditioning reached 339 million CNY, a 72.84% increase year-on-year [5] - Revenue from the new energy vehicle sector amounted to 127 million CNY, reflecting a 27.76% year-on-year growth [5]