Group 1: Company Overview - The company held an earnings briefing on September 19, 2025, via an online platform, where key executives addressed investor questions regarding business layout and development [1] - The management team, including the chairman and general manager, provided insights into the company's future development and shareholding structure [1] Group 2: Industry Development and Strategic Planning - The company views modified plastics as "industrial rice" with a broad application range and significant future growth potential [2] - The company aims to maintain its position in traditional sectors like home appliances and electrical cables while shifting focus towards high-value-added products [2] - Plans include increasing investment in special engineering materials, medical materials, and electronic chemicals, as well as expanding overseas market investments [2] Group 3: Shareholding Dynamics - Currently, there have been no stock sales by the company's directors and executives, and any future reductions will be disclosed through official announcements [3] Group 4: PPO Product Development - The company holds patents related to PPO (polyphenylene oxide) products, which are currently in the ramp-up phase at the Zhaoqing facility [4] - The company is working towards achieving production targets for PPO products and will consider expanding production at the Zhuhai Gaolan base based on market demand [4] Group 5: Shareholding Structure and Risk Management - Despite a dispersed shareholding structure, the company maintains a stable management team, low debt ratio, and efficient operations in R&D and sales [5] - The board of directors makes collective and prudent decisions, ensuring that the company's risk management is not adversely affected by the dispersed shareholding [5]

Company Overview - Guangdong Yinhui Technology Co., Ltd. was established in 1997, focusing on high-performance polymer new materials research, production, and sales [2] - The company has established production and R&D bases in multiple locations including Dongguan, Suzhou, and Vietnam to support international expansion [2][3] - Key product areas include modified plastics, smart lighting, 3D printing materials, and electronic chemicals, with applications across various industries such as automotive, aerospace, and new energy [3] Recent Developments - The company has shifted its product structure towards high value-added products and is actively developing emerging customer bases in niche polymer material sectors [4] - The company has a stable customer base in emerging industries such as electronics and service robots [4] Shareholder Structure - The company has been without a controlling shareholder since 2021, leading to a more cautious decision-making process by management [5] - The reduction in shares by original shareholders was due to financial needs and market conditions, with no current plans to introduce a new controlling shareholder [5] Stock Incentive Plans - Following the rejection of a previous stock incentive plan, the company has no immediate plans for a new incentive program, which will depend on operational performance and shareholder support [6] Material Applications - The company is developing materials for humanoid robots and has alternatives to PEEK materials, focusing on lightweight carbon fiber composites [6][8] - Current raw material inventory levels are stable, with procurement strategies aligned with market price trends [7] Financial Performance - The company reported significant growth in its modified plastics and smart lighting sectors, driven by the rapid expansion of low-altitude economy and new service robots [9] - Major clients are experiencing stable order growth, with accounts receivable managed within a 30-90 day credit period [10] Production Capacity - There are no immediate plans for capacity expansion in modified plastics, but adjustments are being made to meet demand from emerging industry clients [10]

Group 1: Industry Outlook and Strategic Planning - The modified plastics industry has a broad application range and promising future development prospects [1] - The company aims to strengthen its traditional advantages in home appliances and electrical cables while shifting focus to high-value-added products [1] - Future investments will include special engineering materials, medical materials, and electronic chemicals, as well as overseas market expansion [1] Group 2: Management and Shareholder Concerns - As of now, company directors and executives have not sold any shares, and any completed share reductions will be announced through progress reports [2] - The company possesses patents related to PPO (polyphenylene oxide) products, which are currently in the ramp-up phase and have not yet reached production targets [2] - Despite a dispersed shareholding structure, the management team remains stable, with low debt ratios and efficient operations, ensuring steady performance [2] Group 3: Production and Capacity Expansion - The PPO products are currently handled by Zhaoqing Yinxin, which is still in the ramp-up phase, with production targets yet to be achieved [2] - Future decisions regarding capacity expansion at the Zhuhai Gaolan base will depend on market demand and the company's actual situation [2] - The Zhuhai Gaolan base primarily produces flame retardant products at present [2]

Core Points - The company, Silver Jubilee Technology, announced on the evening of September 18 that its subsidiary, Silver Jubilee Technology (Vietnam) Co., Ltd., has completed changes in business registration regarding registered capital, business scope, and registered address, and has received its business license [2] Group 1 - The announcement was made following the receipt of notification from the subsidiary in Vietnam [2] - The changes include updates to the registered capital and business scope of the subsidiary [2] - The subsidiary has successfully obtained a new business license after the registration changes [2]

证券代码：300221 证券简称：银禧科技 公告编号：2025-58 广东银禧科技股份有限公司 关于越南银禧完成工商登记变更的公告 本公司及其董事会全体成员保证公告内容真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 原注册资本 120 万美元，本次增资 200 万美元，增资后注册资本 320 万美元。 2、经营范围增加 原经营范围包含改性塑料和 LED 灯带的生产和销售，本次增加电子零配件的 生产和销售，技术咨询和服务。 3、注册地址变更 变更前地址为：越南太平省嘉礼工业区 A2 栋 变更后地址为：越南兴安省嘉礼工业区 A4 栋 二、营业执照信息： 公司名称：SILVER AGE VIETNAM TECHNOLOGY COMPANY LIMITED 注册地址：越南兴安省嘉礼工业区 A4 栋 注册资本：320 万美元 广东银禧科技股份有限公司（以下简称"公司"）近日接到下属子公司银禧 科技（越南）有限公司（以下简称"越南银禧"）的通知，越南银禧就注册资本、 经营范围、注册地址事宜进行了工商登记变更，并收到了营业执照。具体变更内 容及营业执照信息如下： 一、变更内容： 1、注册资本增加 经营范围：改性塑 ...

Group 1 - The company, Silver Jubilee Technology (300221.SZ), stated that it currently does not have any products applied in liquid cooling equipment [1]

Group 1 - The company, Silver Technology (300221.SZ), currently does not have any products applied in liquid cooling equipment [1]

格隆汇9月16日丨银禧科技(300221.SZ)在投资者互动平台表示，公司目前主要产品为非金属3D打印材 料，没有用于液冷微通道工艺。 ...

Core Viewpoint - The report highlights the growth and current status of China's plastic products industry, projecting a production increase in the coming years based on statistical data from the National Bureau of Statistics [1]. Industry Summary - In July 2025, China's plastic products production reached 6.69 million tons, marking a year-on-year growth of 1.7% [1]. - From January to July 2025, the cumulative production of plastic products in China was 45.452 million tons, reflecting a cumulative growth of 4.3% [1]. - The report is part of a comprehensive analysis provided by Zhiyan Consulting, which specializes in industry research and consulting services [1].

Core Viewpoint - Changsha Yinxie Technology Co., Ltd. has been established with a registered capital of 500,000 RMB, indicating a focus on various technology and service sectors [1] Company Summary - The legal representative of Changsha Yinxie Technology Co., Ltd. is Zhang Ling [1] - The company’s registered capital is 500,000 RMB [1] - The business scope includes general projects such as new material technology promotion services, sales of chemical products (excluding licensed chemical products), and sales of electrical wires and cables [1] - Additional activities include sales of mechanical equipment, environmental protection specialized equipment, plastic products, and resource recycling technology research and development [1] - The company also engages in Internet sales (excluding items requiring licenses) and other legally permitted business activities [1]