同益中(688722) - 同益中7月投资者关系记录表(二)

Group 1: Industry Challenges and Company Strategy - The company faces increasing competition and aims to enhance core competitiveness through product quality improvement, cost reduction, and market expansion [1][2] - The company is focusing on its main business while considering expansion into new materials [2] - Confidence in future competition is based on strong advantages in technology, market layout, and cost control [2][3] Group 2: Product and Market Insights - The current product structure primarily meets domestic demand, with exports from Beijing and Shandong [2] - The company anticipates a positive trend in composite material exports following clear policies [3] - Prices for ultra-high molecular weight polyethylene fibers are stable, with export prices varying based on specifications and performance [3][4] Group 3: Financial Performance and Inventory Management - The company maintains stable gross margins due to stable raw material prices and cost control measures [3] - Inventory increases are attributed to production reserves and expanded product specifications [3][4] - The impact of export control regulations on existing orders is minimal [3][4] Group 4: Future Outlook and Development Plans - The company does not currently require refinancing due to sufficient cash reserves [4] - Plans to gradually increase the proportion of domestically sourced raw materials are underway [4][9] - The company expects demand recovery as various factors stabilize, with new application markets being actively explored [7][8]