Group 1: Financial Performance - In Q1 2024, the company achieved operating revenue of 235.28 million CNY and a net profit attributable to shareholders of 8.23 million CNY, with profit growth primarily benefiting from favorable RMB to USD exchange rates and improved cost management [4] - Over the past three years, the company distributed a total of 186.02 million CNY in cash dividends (tax included), accounting for 85.33% of the net profit attributable to shareholders during the same period [6] Group 2: Market and Industry Position - The company’s main products are precision structural components for smart terminals, applied in smart home devices, smartphones, tablets, and wearables [4] - The global economic downturn and increased trade protectionism have led to a contraction in the market size of the industry, but the company aims to enhance R&D in functional precision components to meet the upcoming surge in smart terminal applications [4] Group 3: Strategic Initiatives - The company has obtained IATF 16949 certification for the automotive industry and is progressing with projects in the new energy vehicle sector, focusing on battery structure components and gradually expanding to complete vehicle structural components [4] - A new production base in Vietnam was launched in Q4 2023, and the company is negotiating to lease land in Singapore to further expand production capacity to meet overseas customer demands [6] Group 4: Risk Management - The company has established a foreign exchange hedging management system to mitigate risks associated with exchange rate fluctuations, which is crucial given that a significant portion of revenue comes from overseas [4] - The company monitors exchange rate trends and collaborates with financial institutions to manage currency risks effectively [4] Group 5: Technological Advancements - The company integrates various materials into its precision structural components, enhancing functionality such as electromagnetic shielding, heat dissipation, and waterproofing [5] - The company is preparing for the AI era by developing structural components that meet the increased thermal management demands of AI-enabled devices [5]
格林精密(300968) - 2023年度暨2024年第一季度业绩说明会投资者关系活动记录表