Zhitong Finance App News, Demei Chemical (002054.SZ) released its 2023 annual report. The company's operating income was 3,077 billion yuan, down 6.02% year on year; net profit attributable to shareholders of listed companies was 303.314 million yuan, down 64.90% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 287.17,600 yuan, down 64.17% year on year; basic earnings per share were 0.0629 yuan/share. It is proposed to distribute a cash dividend of 0.7 yuan (tax included) for every 10 shares to all shareholders.

During the reporting period, the company's textile and chemical division continued to focus on key domestic customers, increase resource investment, coordinate R&D, application and project resources, provide customers with quality services, and follow up customer development progress and resume regular sales; actively expand international business, strengthen market research and analysis with high potential in Southeast Asia, and deepen the development plans of the international department. During the reporting period, the sales of the company's leather chemicals division hit a record high in nearly five years, and the performance exceeded expectations. The focus is on strengthening project management such as waterproofing agents and chromium-free tanning to help increase performance; restructuring overseas to quickly locate important customers and channels; Fujian and Wuji Branch have formed a main market; sales growth for major strategic customers is remarkable. The Derong Chemical Project plant operated steadily during the reporting period to ensure efficient production, and brought the product quality qualification rate to a new level. Technological transformation is the key to improving competitiveness. Derong Chemical has injected new development impetus into the company through the establishment of various technical improvement projects.