Putailai(SH:603659) Ge Long Hui A P P·2025-10-13 08:14Core Viewpoint - The recent export control policy on lithium batteries and artificial graphite anode materials issued by the Ministry of Commerce on October 9 has a minimal impact on the company's business and performance [1] Summary by Relevant Sections Export Control Policy Impact - The new export control regulations do not prohibit exports, and the company will prepare the necessary materials to apply for licenses as required [1] - The company's automation equipment business is primarily domestic, with overseas revenue accounting for less than 0.5% of total revenue, indicating a minimal impact [1] - The main products in the automation equipment segment, such as mixing, coating, and slitting equipment, are not included in the export control scope [1] Anode Material Business - From 2006 to 2023, domestic artificial graphite exports have been conducted in accordance with export control regulations, with export volumes significantly increasing based on market supply and demand [1] - The policy is expected to relax starting December 2023, allowing for the resumption of export license applications, which is anticipated to restore the original export model without negative impacts on the anode material export business [1] Production Equipment and Technology Transfer - The company currently does not have overseas factories, thus it is not affected by the need to import domestic production equipment for overseas operations [1] - The company's business model does not involve technology transfer, so it remains unaffected by related export control measures [1]