回天新材：公司已针对TOPCon、HJT等新型电池技术推出适配性更强的解决方案

Core Viewpoint - The company is optimistic about the growth potential in the photovoltaic adhesive sector despite facing challenges in the first quarter, and it is implementing strategies to enhance product performance and cost competitiveness [1] Group 1: Company Performance - The company reported that its photovoltaic adhesive business continues to grow, with ongoing optimization of product structure and R&D upgrades [1] - In the first quarter, the company experienced a recovery in the profitability of its silicone adhesive business due to price adjustments in response to rising raw material costs [1] Group 2: Industry Outlook - The company anticipates that if the prices of upstream silicone stabilize and recover, the gross margin and profits from its photovoltaic business may continue to improve throughout the year [1] - The photovoltaic industry is currently facing challenges such as cyclical fluctuations in raw material prices, export limitations, and increased competition, which are compressing profit margins [1] Group 3: Strategic Measures - The company plans to implement cost reduction and efficiency enhancement measures, closely monitor raw material price trends, and adjust procurement cycles to mitigate risks associated with price fluctuations [1] - The company aims to maintain its market share and leadership position by leveraging its stable supply capabilities, strong brand influence, and comprehensive service capabilities [1] - The company will also strengthen its management of receivables to reduce credit risk [1]