东鹏控股(003012) - 东鹏控股投资者关系活动记录表（）

Group 1: Financial Performance Overview - In the first three quarters of 2024, the company achieved a revenue of CNY 4.684 billion, with a net profit of CNY 309 million, and a net cash flow from operating activities of CNY 489 million [2] - The company reported a month-on-month recovery in performance during the third quarter, despite a challenging real estate market and weakened demand in the ceramic tile industry [2] - The gross profit margin remained stable at 31.23%, while the unit manufacturing cost of tiles decreased by 6.0% [2] Group 2: Strategic Measures and Results - The company focused on enhancing product strength, resulting in a 3.5 percentage point increase in revenue contribution from the top 10 products [2] - Effective management of receivables led to a 10.98% decrease in accounts receivable and a 12.70% reduction in sales, management, and financial expenses [2] - The company is actively participating in government "old-for-new" promotional activities, with 129 cities currently offering tile subsidies [3] Group 3: Share Buyback and Investor Confidence - The board approved a plan to repurchase and cancel approximately 16.02 million shares to enhance investor confidence and increase long-term investment value [3] - The company aims to improve earnings per share and net asset value through this share cancellation initiative [3] Group 4: Market and Industry Outlook - Recent government measures, including interest rate cuts and subsidies, are expected to stabilize the real estate and building materials market [3] - The company anticipates a reduction in inventory levels in the fourth quarter due to seasonal production adjustments and promotional activities [5] - The industry is experiencing a trend of supply-side reform, with a noticeable exit of outdated production capacity, leading to increased market concentration [5] Group 5: Future Development Strategy - Over the next three years, the company plans to focus on its core tile business, enhance market share, and improve supply chain control [5] - The company aims to innovate through product, technology, and brand upgrades, capitalizing on urban renewal and green building opportunities [5]