HZ info:The net profit attributable to shareholders of the listed company was approximately 39.29 million yuan, a year-on-year decrease of 27.99%; Basic earnings per share were 0.32 yuan, a year-on-year decrease of 41.82%.

Regarding the reasons for the decline in performance, ZYPEEK stated that during the reporting period, the company actively responded to the challenges brought by intensified competition in the PEEK industry, guided by customer demand, fully utilized its product research and development advantages and accumulated PEEK material industrialization technology, seized the market opportunities of domestic substitution and plastic substitution for steel, increased market promotion efforts, enhanced product consistency and batch stability, further consolidated core competitiveness, and laid a good foundation for the expansion of new customers and new fields. In 2024, the company proactively adjusted its sales policy, resulting in a slight increase in PEEK product shipments, a slight decrease in average sales unit price year-on-year, and a 5.05% decrease in operating revenue year-on-year. In addition, the company has increased its investment in fundraising projects, product research and development, and continuously expanded its scale, resulting in a year-on-year increase in assets, personnel, and period expenses. The company's net profit has decreased by 27.99% year-on-year. The company actively responds to these challenges, improves its level of refined management, takes multiple measures to reduce costs and increase efficiency, and continues to conduct technological research and development, laying a solid foundation for future stable development.

According to the previous performance report released by ZYPEEK for the first three quarters of 2024, its gross profit margin was 40.13%. The reason for maintaining a high gross profit margin at that time was mainly due to the company's outstanding market position and strong comprehensive competitiveness, stable product quality, and the ability to meet the needs of downstream customers in production, research, and other aspects.

According to public information, ZYPEEK was founded in 2006 and was listed on the Shanghai Stock Exchange's Science and Technology Innovation Board in September 2023. The company is one of the earliest domestic enterprises engaged in PEEK production, and also the fourth global and first domestic leading enterprise to master the 1000 ton industrial production technology of PEEK resin. The company currently has a PEEK production capacity of 1000 tons per year, ranking first in China. The main performance indicators of the products have reached the international advanced level.

5.png

In terms of products, ZYPEEK's main product is resin PEEK, with a product system of 52 specification grades including "two categories, three grades, and six series". According to whether glass fiber or carbon fiber is added, it can be divided into two categories: pure resin and composite reinforced resin; According to the melt flowability of the product, there are three main grades from low to high: 770, 550, and 330; According to different apparent forms and reprocessing methods, it can be divided into six series, including a small amount of PEEK products.