According to Zhitong Finance App, Yuanxiang New Materials (301300.SZ) released its 2023 annual report. During the reporting period, the company achieved operating income of 394 million yuan, an increase of 7.32%; net profit attributable to shareholders of listed companies was 344,067 million yuan, a year-on-year decrease of 35.40%; non-recurring net profit and loss net profit attributable to shareholders of listed companies deducted 32.124 million yuan, a year-on-year decrease of 34.90%; basic earnings per share were 0.54 yuan/share.

The company's profit distribution plan reviewed and approved by the current board of directors is based on the total share capital of the company registered on the share registration date of implementing equity distribution, paying a cash dividend of 4.00 yuan (tax included) to all shareholders for every 10 shares, sending 0 bonus shares (tax included), and transferring 0 shares for every 10 shares to all shareholders using the capital reserve fund.

During the reporting period, the company further improved the market competitiveness and market share of the company's core products by expanding production capacity, reducing costs and increasing efficiency; at the same time, it also increased product development efforts in new application fields such as matting agents and toothpaste, and actively promoted the construction of new product production lines and marketing network layout, laying the foundation for the company's sustainable and healthy development.