According to the Zhitong Finance App, Jiang Han New Materials (603281.SH) disclosed the 2023 annual report. The company achieved revenue of 2,277 billion yuan in 2023, a year-on-year decrease of 31.23%; net profit to mother of 655 million yuan, a year-on-year decrease of 37.05%; after deducting non-net profit of 643 million yuan, a year-on-year decrease of 39.61%; and basic earnings per share of 1.78 yuan. The company plans to distribute a cash dividend of 1 yuan (tax included) per share to all shareholders.

By increasing the scale of production and sales and controlling comprehensive costs to withstand the impact of a sharp drop in the price of functional silane products, the company achieved annual production of 104,300 tons of functional silane and sales of 104,400 tons, with year-on-year increases of 17.06% and 15.87%, respectively. The gross profit margin and net interest rate remained at a high level in the industry, coping well with the industry crisis.

During the reporting period, the company invested 79.47 million yuan in R&D, completed a small test of 17 R&D projects and a pilot test of 6 R&D projects, and realized the transformation of the results of 4 R&D projects. As of the end of the reporting period, the company had 23 research projects, including 6 industrialization stage projects, 11 pilot phase projects, and 6 small pilot phase projects. During the reporting period, the company applied for 6 invention patents and obtained 3 invention patent authorizations. By the end of the reporting period, the company had 63 authorized invention patents and 9 invention patents under review.