HANGZHOU TOKA(SH:688571)2024-05-28 09:06Group 1: Company Performance Outlook - The company anticipates steady economic recovery in 2024, driven by macroeconomic policies, despite external uncertainties and insufficient domestic demand [1] - The overall gross profit margin remains reasonable due to stable raw material costs and ongoing management optimization measures [1] - The company aims for dual growth in core operating results through effective market strategies and asset integration [2] Group 2: Project Progress - The company has completed half of the construction work for the "10,000 tons of liquid ink and 8,000 tons of functional materials project (Phase II)" and the "New Materials R&D Center project" [2] - The "35,000 tons of green printing new materials project" was registered in October 2023, with further progress dependent on local government collaboration [2] Group 3: Market Position and Green Initiatives - The company leads the domestic ink industry and plans to implement a "Green Printing Plan" to enhance market share [2] - The plan includes promoting eco-friendly products and expanding applications in high-end industrial manufacturing sectors [2][3] - The company aims to optimize internal management and production processes through a comprehensive green design approach [3] Group 4: Overseas Market Performance - In Q1 2024, overseas revenue reached RMB 15.55 million, a 6.53% increase year-on-year, accounting for approximately 5.51% of total revenue [3] - The product structure is shifting towards higher-performance UV inks, with stable development in overseas sales despite geopolitical changes [3]