Group 1: Company Overview and Market Position - The company, Guangxin Materials, is involved in the development of new materials for the photovoltaic industry, particularly focusing on photovoltaic insulation adhesives and photoresists [2][4]. - Guangxin Materials has established a photovoltaic materials division to cater to the growing demand for new materials in the solar energy sector [4][5]. - The company currently has a production capacity of 13,000 tons/year for photoresist materials, with an additional 50,000 tons/year under construction [5][6]. Group 2: Product Development and Applications - The photovoltaic insulation adhesive is designed for HPBC and IBC battery technologies, providing essential insulation protection [3][4]. - The company is developing photoresists for copper plating processes in HJT batteries, which can significantly reduce manufacturing costs by replacing silver paste [4][5]. - Guangxin Materials has achieved sales of its photovoltaic insulation adhesive products to solar cell component manufacturers, marking a breakthrough in the photovoltaic sector [4][5]. Group 3: Market Competition and Challenges - In the photoresist market, competitors include major companies like Japan's Sun Chemical and domestic firms such as Rongda and Tongcheng New Materials [5][6]. - The traditional PCB ink business is stable but faces challenges due to market fluctuations and rising raw material costs, impacting profit margins [6]. - The consumer electronics coating segment has experienced a downturn due to external factors, particularly related to Huawei, but is expected to stabilize in the future [6]. Group 4: Future Outlook and Strategic Plans - The company plans to leverage its existing infrastructure for potential expansion in response to increased demand for photovoltaic materials [6]. - Guangxin Materials aims to diversify its product applications, focusing on microelectronics and automotive coatings, while maintaining steady growth in its core business [6]. - The company is committed to continuous research and development to enhance its competitive edge in the photovoltaic materials market [4][5].

Group 1: Company Overview and Market Position - The company focuses on developing new materials for the photovoltaic (PV) industry, particularly in the areas of photovoltaic insulation glue and photosensitive glue [2][3] - The company has established a photovoltaic materials division to enhance its R&D capabilities and expand into new application areas [3][4] Group 2: Product Development and Innovations - The company is actively developing photovoltaic insulation glue and photosensitive glue tailored for HPBC and IBC battery technologies, which are expected to drive growth in the PV sector [4][5] - The company aims to address the high silver consumption in HJT battery production by introducing copper plating technology, which can significantly reduce manufacturing costs [5][6] Group 3: Production Capacity and Future Plans - Current production capacity for photosensitive materials stands at 13,000 tons/year, with an additional 50,000 tons/year under construction, including 12,000 tons/year of supporting raw material resin [6][7] - The company is strategically planning to adjust production lines based on market dynamics and customer demand, ensuring flexibility in meeting order requirements [6][7] Group 4: Traditional Business Performance - The traditional PCB ink business is stable, with industry growth rates in the single digits, while the company anticipates a strategic slowdown in growth to focus on the construction of the Longnan base [6][7] - The consumer electronics coating segment has faced challenges due to market fluctuations, particularly related to Huawei, but is expected to stabilize in the near future [6][7]

Company Overview - The company is focusing on expanding its product range in the photoresist sector, including PCB photoresists, flat panel display photoresists, and integrated circuit photoresists [4][5]. - A dedicated Microelectronics Materials Division has been established to enhance R&D and customer development in these areas [5][7]. Strategic Planning - The company aims to maintain steady growth in the PCB photoresist segment while significantly investing in new applications in flat panel display and integrated circuit photoresists [6][7]. - The company plans to leverage its Dragon South base to reduce operational costs and improve profitability [6]. Photovoltaic Materials Development - The company has established a Photovoltaic Materials Division to develop new materials such as photovoltaic photoresists and insulation adhesives, capitalizing on the growth of the solar energy sector [9][10]. - The photovoltaic insulation adhesive is already being sold to leading companies in the photovoltaic industry, indicating a successful market entry [11][14]. Production Capacity - Current production capacity includes 8,000 tons/year for specialized inks, with plans to add 16,000 tons/year for PCB photoresists and 7,000 tons/year for flat panel display and integrated circuit photoresists at the Dragon South base [15]. - The company is also planning to increase its coating capacity by 15,000 tons/year and produce 12,000 tons/year of self-made resin, a key raw material for new photoresist products [15]. Rationale for Capacity Expansion - The new production facility in Jiangxi Dragon South is strategically located near major industrial clusters, enhancing supply chain efficiency and customer responsiveness [16]. - Concentrating production in one location is expected to improve operational sustainability and reduce costs associated with multi-site operations [16].

编号： 2022-028 ☑特定对象调研 □分析师会议 投资者关系 □媒体采访 □业绩说明会 活动类别 □新闻发布会 □路演活动 □现场参观 □其他： 参与单位名称及 人员姓名 兴证全球基金 孙若炜、邓荃文；中邮证券 贾佳宇 时间 2022 年 12 月 6 日 15:30-16:30；2022 年 12 月 7 日 14:00-15:00 地点 腾讯会议、公司三楼会议室 上市公司 接待人员姓名 董事会秘书 张启斌；证券事务代表 周吕嫒 一、 公司董秘张启斌介绍公司及子公司的基本情况和产品情况，简要介绍行业发 展情况、公司再融资项目进展等。 二、 公司董秘张启斌就以下问题和参与者进行了交流： 问：公司当前的业务发展战略和发展亮点有哪些？ 答：在光刻胶领域，近年来，公司基于 PCB 光刻胶的优势基础，向平板显示 光刻胶、集成电路光刻胶及配套材料延伸，拓宽光固化领域电子材料的应用领域。 公司已经成立微电子材料事业部专攻平板显示用光刻胶、集成电路用光刻胶及配 套材料的产品研发、产线建设以及客户开拓。目前来说，一方面，PCB 光刻胶板 块将继续作为公司发展的基石，根据行业发展和公司实际情况平稳增长，并将通 过龙南基地 ...

Group 1: Company Overview and Future Plans - Jiangsu Guangxin Photoelectric New Materials Co., Ltd. focuses on three main products: liquid photoresist ink, UV-curable ink, and thermosetting ink, with liquid photoresist ink expected to maintain the largest market share, constituting over 70% of PCB production demand [2][3] - The company aims to expand into new fields such as LED lighting, glass ink, and water-based ink while continuing to innovate and develop existing products [2][3] Group 2: Supply Chain and Cost Management - The company has established long-term strategic partnerships with upstream suppliers, enhancing its bargaining power and maintaining stable gross margins despite fluctuations in raw material prices [4][5] - The company is considering domestic high-quality suppliers to reduce costs and has noted a correlation between raw material prices and oil prices, although the impact is gradually diminishing [4] Group 3: Mergers and Acquisitions - The acquisition of Jiangsu Hongtai is expected to enhance technological innovation and product advantages, allowing the company to fill domestic technical gaps and expand into various sectors such as consumer electronics and automotive [4][5] - The merger is anticipated to improve capital investment in new product development, integrate customer resources, and enhance procurement capabilities [5] Group 4: Production Capacity and Market Competition - The company is progressing with an 8,000-ton fundraising project, with construction nearing completion and production expected to commence in 2017 [5] - The LED ink product is being actively promoted, with expectations of significant growth in 2017, and the market size for LED ink in China exceeding 2 billion yuan, with the company’s market share projected to increase [5]

证券代码：300537 证券简称：广信材料 江苏广信感光新材料股份有限公司 投资者关系活动记录表 编号：2017-005 | --- | --- | --- | |----------------|------------------------|---------------------------------| | | | | | | √ | 特定对象调研 □分析师会议 | | | □ | 媒体采访 □业绩说明会 | | 投资者关系投关 | □ 新闻发布会 □路演活动 | | | 类别 | √ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | 天弘基金：杨大志 | | | 人员姓名 | 国海研究所：谷航 | | | | 中泰证券：肖晴 | | | | 金元顺安基金：刘梦杨 | | | | 长信基金：张家浩 | | | | 民生证券：杨侃 | | | | 银河基金：卢轶乔 | | | | 浙商证券：杨云 | | | | 中信建投：李永磊 | | | | 东北证券：邹兰兰 | | | | 东兴证券：廖鹏飞 | | 1 | --- | --- | |-------- ...

Company Overview - The company is focusing on expanding its product lines in the photoresist sector, particularly in PCB, flat panel display, and integrated circuit photoresists, while establishing a dedicated microelectronics materials division [3][6]. - The PCB photoresist segment will continue to be the foundation for stable growth, with efforts to reduce production costs through centralized operations and self-manufactured resins [3][6]. Photovoltaic Materials - The company has established a photovoltaic materials division to develop new application materials such as photovoltaic photoresists and insulation adhesives, capitalizing on the growth of the solar energy market [3][6]. - The photovoltaic insulation adhesive is designed for use in HPBC and IBC battery technologies, while the photovoltaic photoresist is aimed at new copper plating processes, significantly reducing manufacturing costs [6][7]. Coating Materials - The company is actively expanding its automotive coating materials, particularly for electric vehicles, leveraging its existing technology in consumer electronics [5][8]. - The automotive coatings are being developed for various components, including interior and exterior parts, with a focus on meeting the demands of new energy vehicle manufacturers [8][9]. Consumer Electronics Coatings - The consumer electronics coatings segment has faced challenges due to market fluctuations and specific issues with major clients, leading to a period of recovery after previous high growth [7][8]. - The growth rate for consumer electronics coatings is expected to stabilize as the market matures, moving away from the rapid expansion seen in prior years [7].