Homa(002668)2025-04-23 10:58Group 1: Financial Performance - In Q1 2025, the company achieved a revenue of CNY 4.6 billion, a year-on-year increase of 9.58%, marking nine consecutive quarters of positive growth [2] - The net profit attributable to shareholders increased by 33.98% year-on-year to CNY 302 million, with 15 consecutive quarters of double-digit growth [2] - The net cash flow from operating activities reached CNY 578 million, up 33.33% year-on-year, reflecting strong cash recovery [4] Group 2: Strategic Initiatives - The company is committed to becoming a global leader in smart home appliances, focusing on AI technology to enhance product interconnectivity and user experience [2] - The global expansion strategy includes increasing exports and ODM orders, with a 7.34% rise in overall sales [3] - New product launches, such as the "Ice Kirin" series refrigerator and AI-powered washing machines, have improved product competitiveness and increased gross margin by 2.52% [3] Group 3: Production Capacity and Expansion - The company maintains high production capacity utilization, with ongoing upgrades and expansions to meet market demand [5] - The new production facility in Southeast Asia is expected to add 1 to 1.4 million units of annual capacity, enhancing global market presence [6] - The Hefei appliance project, with an investment of up to CNY 153 million, aims to upgrade refrigerator and washing machine production capacity [5] Group 4: Shareholder Relations - The company currently does not have sufficient undistributed profits to meet dividend distribution conditions but aims to reward investors once conditions are met [7][8] - The decision not to repurchase shares from minority shareholders of Oma Refrigerator is based on the belief that maintaining current equity arrangements will better incentivize management and support business growth [8]