Kane Co., Ltd. released its annual report for 2024, reporting a total revenue of 591 million yuan, a year-on-year decrease of 28.51%; net profit attributable to shareholders was 5.7408 million yuan, a year-on-year decrease of 87.91%; the net profit attributable to shareholders after deducting non-recurring gains and losses reached 15.1568 million yuan, turning from loss to profit, indicating a significant improvement in the profitability of its core business. The company plans to distribute a cash dividend of 0.04 yuan for every 10 shares, continuing its tradition of dividends.

During the reporting period, the company's special paper business accounted for 94.35% of its revenue, with special food packaging materials contributing an increase of 0.72% year-over-year to RMB 453 million, increasing its proportion in total revenue to 76.79%. The announcement shows that Kairui Co., Ltd.'s net cash flow from operating activities in 2024 was RMB 70.61 million, turning positive, indicating improved operational quality. The company intensified its efforts to dispose of non-core assets, reducing long-term equity investments by approximately 31% compared to the beginning of the period. The asset-liability ratio decreased to 5.5%, and the current ratio increased to 14 times, significantly enhancing financial security.

Kaien Corporation's installed PV capacity reaches 11.25 MW, generating 11.32 million kWh of electricity annually. Clean green power accounts for approximately 30% of the total electricity consumption. Through the MES system, energy consumption is intelligently regulated, resulting in a reduction of 6,456 tons of carbon emissions per year. The company’s carbon footprint management system has been extended to cover major products, maintaining an ESG rating of AA level, and it has released its first English version of the ESG report. The company is actively expanding into emerging markets such as Southeast Asia, the Middle East, and South America. The effects of Kaien Corporation's transition towards green manufacturing are expected to be rapidly realized.