Group 1: Investor Relations Activity Overview - The investor relations activity took place on January 16, 2024, at the company's conference room [1] - Participating units included CITIC Securities, Tianchen Capital, and Junzilan Capital [1] - Company representatives included Secretary of the Board Yu Qian and Securities Affairs Representative Zhao Shujie [1] Group 2: Raw Materials and Production Process - The main raw materials for modified plastics are derived from petroleum processing, primarily sourced from large petrochemical plants [2] - The production process for modified plastic particles includes: formulation, mixing, melting extrusion, cooling, drying, pelletizing, screening, homogenization (drying and deodorizing), and packaging [2] Group 3: Product Customization and Costs - The company’s modified plastic products are particle-based and do not incur mold costs as there is no injection molding involved in the production process [3] - Products are customized to meet diverse performance requirements, including strength, toughness, heat resistance, and impact resistance, based on client specifications [3] Group 4: Automotive Partnerships - Key automotive brands the company collaborates with include Geely, SAIC, FAW, BAIC, Chery, Hongqi, Volkswagen, Great Wall, Mazda, and Nissan [4] - New energy vehicle brands include Xiaomi Auto, Zeekr, Hozon Auto, and Leap Motor, all certified by relevant OEMs [4] Group 5: Production Capacity and Future Plans - The subsidiary's project in Suqian, with an annual capacity of 56,000 tons of high-performance composite materials, is currently in the ramp-up phase and expected to reach full capacity by Q4 2024 [5] - Future refinancing and expansion plans will be considered based on market conditions and company development, with specific announcements to follow [5]
禾昌聚合(832089) - 投资者关系活动记录表