CNANO(SH:688116) Shang Hai Zheng Quan Bao·2025-04-30 13:30Company Overview - Jiangsu Tiannai Technology Co., Ltd. primarily engages in the research, production, and sales of nano-scale carbon materials, with key products including carbon nanotube powder, conductive paste, and graphene composite conductive paste [6][12] - The company has established a strong R&D team and focuses on technological innovation to enhance product quality and performance [12][18] Financial Highlights - For the fiscal year 2024, the company plans to distribute a cash dividend of RMB 1.46 per 10 shares, totaling approximately RMB 50.33 million, which represents 20.12% of the net profit attributable to shareholders [4] Industry Position - The company holds a leading position in the carbon nanotube conductive paste market, with a market share of 53.2% in China, driven by demand from major battery manufacturers [18] - The carbon nanotube industry is supported by national policies favoring new materials and renewable energy, indicating a favorable growth environment [13][19] Market Trends - The global demand for lithium-ion batteries is expected to grow significantly, with projections indicating a 25% increase in global battery shipments in 2024 [22] - The electric vehicle market is anticipated to expand, with global sales expected to reach approximately 18.51 million units in 2024, reflecting a 23% year-on-year growth [20][21] Technological Developments - The production of high-purity carbon nanotubes requires advanced technology and experience, creating significant barriers to entry for new competitors [17] - The company is actively exploring high-generation carbon nanotubes and related products to meet the evolving demands of the industry [17][19]