JHSY(002597) 金融界·2025-04-18 11:25Core Viewpoint - In 2024, Jinhe Industrial reported a slight decline in revenue and a significant drop in net profit, highlighting challenges in the food manufacturing sector despite advancements in technology and industry upgrades [1][4]. Group 1: Financial Performance - The company achieved an annual revenue of 5.303 billion yuan, a year-on-year decrease of 0.15% [1]. - The net profit attributable to shareholders was 557 million yuan, down 20.94% year-on-year [1]. - Revenue from the food manufacturing segment was 2.753 billion yuan, reflecting a decline of 4.72% due to weak market demand and intensified competition [4]. Group 2: Business Segment Performance - The basic chemical business showed strong performance with revenue of 2.048 billion yuan, an increase of 5.47% [4]. - The successful launch of an 80,000-ton electronic-grade hydrogen peroxide project contributed to growth in high-end materials [4]. - Despite the growth in the basic chemical sector, it was insufficient to offset the decline in the food manufacturing business, leading to an overall decrease in revenue and profit [4]. Group 3: Technological Innovation and Industry Upgrades - The company continued to advance its "green chemistry + synthetic biology" dual-driven strategy, focusing on new energy materials and semiconductor materials [5]. - Significant progress was made in the construction of a biosynthetic flexible production platform, enhancing research and development efficiency [5]. - The development of high-efficiency steviol glycoside synthesis strains reduced production costs, improving market competitiveness [5][6]. Group 4: Global Market Expansion and Sales Optimization - In 2024, the company deepened its global market layout and optimized its sales system by establishing specialized sales divisions for basic and fine chemicals [7]. - The expansion of a high-quality sales team successfully penetrated emerging markets in Southeast Asia and Africa [7]. - The implementation of a digital marketing system and CRM platform improved operational efficiency and customer management [7].