Huading shares (601113GameonarcadeSH) released on May 15, 2024, Huading shares (601113) accepted institutional research on May 14, 2024, Chairman: Zheng Qizhong; Chief Financial Officer: Liu Jinsong; Independent Director: Ding Zhijian; Secretary to the Board of Directors: Zhang Yihui participated in the reception, and answered the proposal of the research organization.GameonarcadeIt's a problem.
The main contents of the survey are:
Second, the main questions raised by investors and the response of the company
1. I would like to ask that the company's main income is relatively high, and the gross profit is also OK, that is, why is the main cost so high? with sales expenses of more than 900 million yuan a year, other companies generally have 100 million yuan in sales expenses, will there be a lot of room for cost reduction? as a result, profits will increase a lot.
A: dear investors, how do you do? In 2023, the company's operating income was 8.718 billion yuan, an increase of 19.86% over the same period last year; sales expenses were 922 million yuan, and the sales expense rate was 10.58%, down 3.37% from the same period last year. Sales expenses mainly include e-commerce platform service fees, employee salaries, advertising fees, platform storage fees and so on.
The company will further strengthen operation and management, reduce cost and increase efficiency, and improve performance. Thank you for your attention!
2. What is the current demand of nylon industry? What is the utilization rate of the company's capacity?
A: dear investors, how do you do? In 2023, the demand for nylon filament has increased significantly, and the field of product application has increased; since the beginning of this year, the company's capacity utilization rate has been maintained at a good level, thank you for your attention!
I would like to ask Mr. Zheng, the nylon market continues to improve, do you have any plans to continue to increase your holdings?
A: dear investors, how do you do? The company has not yet received the relevant plans to increase the holdings of the controlling shareholders. If there are relevant plans, the company will fulfill the obligation of information disclosure in time in accordance with the requirements of laws and regulations. Thank you for your attention!
4. Hello, how does your company view your ESG practice, especially the environmental dimension? I noticed that Huazheng only gave a C rating, and there is still a lot of room for improvement. Does your company have innovative environmental technologies and management strategies to ensure that the environmental dimension will become one of the highlights of the company in the future ESG assessment?
A: dear investors, how do you do? The company attaches great importance to ESG practice. In the 2023 annual report, the company listed relevant environmental protection measures, including the use of solar energy (000591) for power generation and low-voltage centralized gas supply system to reduce carbon emissions.
In addition, there are waste gas and wastewater treatment measures, such as the waste gas is treated by electrostatic oil removal and water spraying technology, and the wastewater is treated by physical and biochemical processes to meet discharge standards. In addition, the company has also implemented a number of carbon reduction measures to actively develop green products, such as the production of environmentally friendly recycled nylon fiber products, has been certified by the global recycling standard GRS. Thank you for your attention to the company!
5. May I ask the leader of the company whether the permeability of nylon double fabric is improving? What do you think of the trend of nylon replacing polyester in the future?
A: dear investors, how do you do? With the transformation and upgrading of nylon industrial chain and the change of downstream consumer demand, the public demand for refined products, outdoor sports, cycling products began to increase gradually, and the permeability of domestic nylon products still has a broad space to improve. Thank you for your attention!
For more information about the physical situation of the company this time, please see the interactive platform of Panorama investors. The company expresses its heartfelt thanks to the vast number of investors who have cared about and supported the company's development for a long time.
The above content has nothing to do with the data, has nothing to do with the position of the cloud channel in the interface, and does not constitute investment advice. Operate accordingly at your own risk.