KBC(SH:688598) Zheng Quan Ri Bao·2025-05-20 13:04Core Viewpoint - The company is facing pressure on its performance in 2024, particularly in the photovoltaic industry, but is committed to maintaining strategic focus and innovation to navigate market cycles [1][4]. Company Strategy and Product Development - The company has been focusing on carbon-ceramic materials for over five years, investing its own funds in research, design, and production, and has become a qualified supplier for several automotive manufacturers [4][7]. - The representative product in the carbon-ceramic materials field is the carbon-ceramic brake disc, which offers a competitive price-performance ratio compared to foreign products and meets the diverse needs of various vehicle types [4][7]. Innovation and New Materials - The company is not solely relying on one product for business opportunities; it is also making progress in other areas, such as porous carbon products, which are key raw materials for lithium battery anodes [7]. - The porous carbon materials were officially launched at the 17th Shenzhen International Battery Technology Exchange Conference, showcasing different technical routes including petroleum coke-based, resin-based, and biomass-based porous carbon [7]. Commitment to Shareholder Interests - A shareholder expressed confidence in the company's long-term, stable development and its focus on carbon composite materials, believing it will yield greater returns for shareholders [7]. - The company’s leadership emphasized that many of the products currently being showcased were initiated years ago, reflecting a long-term vision and commitment to innovation [7].