Tstc(600552) 证券时报网·2025-04-01 00:33Core Viewpoint - 凯盛科技 reported a revenue of 4.894 billion yuan and a net profit of 140 million yuan for 2024, marking a year-on-year growth of 30.76% in net profit, driven by improvements in its display materials business and successful product adjustments [1] Group 1: Business Performance - The company achieved a total revenue of 4.894 billion yuan and a net profit of 140 million yuan, with a basic earnings per share of 0.1484 yuan [1] - Display materials business showed positive growth trends, with successful product adjustments and market recognition leading to improved profitability [1] - International business revenue increased by 21.66%, with international business accounting for a 17.4 percentage point increase year-on-year [2] Group 2: Industry Position and Strategy - 凯盛科技 is a key R&D and manufacturing platform under the state-owned 凯盛科技集团, focusing on display materials and application materials, both of which are national strategic emerging industries [2] - The company is actively adjusting its product lines and R&D paths to capture growth opportunities in the digitalization and information technology sectors, particularly in new energy vehicles and commercial displays [2][7] - The automotive sector is identified as a significant growth area, with increasing demand for multi-screen displays in vehicles [7] Group 3: R&D and Innovation - R&D expenses reached 293 million yuan in 2024, a year-on-year increase of approximately 34%, leading to numerous technological and product innovations [4] - The company has developed new products such as UTG cold-coated ITO and flexible glass, and has received multiple patents, including 71 new authorizations in 2024 [5][4] - The company is advancing various new technologies, including screen directional sound and high-purity synthetic silica, to enhance its innovation capabilities [5] Group 4: Manufacturing and Digital Transformation - 凯盛科技 is promoting digital industrialization and the digital transformation of its manufacturing processes, with several projects recognized as exemplary in digital transformation [6] - The company has improved its overall delivery efficiency by 100% and design quality by 50% through integrated parameterization and agile development [6] - The establishment of a unified data center and big data analysis systems is aimed at enhancing operational efficiency [6] Group 5: Future Outlook - The company aims to enhance its core competitiveness through technological innovation and industrial transformation, aligning with national policies encouraging high-performance new materials [9] - By 2025, 凯盛科技 plans to continue its strategic initiatives to achieve high-level technological self-reliance and strengthen its governance capabilities [9] - The company is positioned to replace some imports with its synthetic quartz sand project, which will produce high-purity silica for various applications [8]