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瑞丰新材(300910) - 2024年3月27日投资者关系活动记录表
RichfulRichful(SZ:300910)2024-03-27 10:56

Financial Performance - In 2023, the company achieved operating revenue of CNY 281,567.41 million, a decrease of 7.57% year-on-year [1] - Revenue from lubricant additive products was CNY 272,785.00 million, down 4.88% [1] - Revenue from carbonless paper color developer products was CNY 4,852.73 million, down 17.40% [1] - Net profit attributable to ordinary shareholders was CNY 60,648.56 million, an increase of 3.12% [1] - The net profit of the parent company was CNY 60,778.76 million, up 5.44% [1] - Net cash flow from operating activities was CNY 63,973.69 million, down 2.80% [1] - Net assets attributable to the parent company were CNY 313,210.67 million, an increase of 14.35% [1] Market Conditions - The global economic situation in 2023 was challenging, particularly due to geopolitical conflicts affecting the supply chain of lubricant additives [1] - Downstream customers increased procurement volumes to mitigate supply chain risks, leading to a de-inventory state throughout the year [1] - The industry is undergoing a reconstruction phase with accelerated domestic import substitution, providing good development opportunities and a broad market space [2] Strategic Initiatives - The company continues to focus on "enhancing technology, expanding scale, and building teams" as part of its development strategy [2] - Emphasis on core customers and global layout through a "triangular cooperation" model, transitioning from small to large international clients [2] - Continuous market research and strategic marketing to empower sales and enhance technical capabilities [2] - Ongoing optimization of organizational structure and management processes, with significant progress in safety production and environmental protection [2] Capacity and R&D - The company has a planned capacity of 550,000 tons at its Xinxiang base, including a 150,000-ton lubricant additive project [2] - The second phase of the 90,000-ton capacity construction has accelerated, with completion expected by the end of 2025 [2] - In 2023, the company completed various levels of testing for gasoline and diesel oil composite agents, aiming to provide more environmentally friendly and energy-efficient products [3]