晶华新材拟10亿元投建年产4.8亿平方米新型胶粘材料项目 加大中西部地区产能布局

Core Viewpoint - The company, Jinghua New Materials, has signed an investment agreement with the government of Dongxing District, Neijiang City, to expand its production capacity of new adhesive materials, with an investment of approximately 1 billion yuan for a project expected to produce 480 million square meters annually [1][2]. Group 1: Investment and Production Expansion - The new project will be built on the foundation of the first phase of the Southwest production base, which was initiated in June 2022, and aims to produce 1 billion square meters of electronic adhesive materials, 2.4 billion square meters of automotive adhesive materials, and 1.4 billion square meters of recyclable materials [1][2]. - The project will occupy approximately 150 acres and is expected to be completed within 48 months, with an anticipated annual output value of around 1 billion yuan once fully operational [1][2]. Group 2: Financial Performance - In the first three quarters of 2024, the company reported a total revenue of 1.359 billion yuan, representing a year-on-year increase of 23.84%, and a net profit attributable to shareholders of 66.99 million yuan, up 72.44% year-on-year [2]. - The significant profit growth is attributed to the rising sales of industrial adhesive materials, new energy power batteries, and 3C electronic materials, with the company adjusting product shipments based on downstream order demands [2]. Group 3: Future Production Capacity - The company plans to have a total production capacity of 1 billion square meters of new adhesive materials and 100,000 tons of high-performance biodegradable paper-based new materials at the Sichuan Jinghua production base, with the first phase expected to be completed in the fourth quarter [3]. - The company has established a stable customer base for industrial adhesive materials, and its electronic adhesive materials have gained a good reputation in the market, contributing to continuous revenue growth [3].