江苏恒兴新材料科技股份有限公司关于2025年第三季度业绩说明会召开情况的公告

Core Viewpoint - Jiangsu Hengxing New Materials Technology Co., Ltd. held a Q3 2025 performance briefing on November 25, 2025, to discuss its operational results and financial status with investors [2][3]. Group 1: Meeting Overview - The performance briefing was conducted online via the Shanghai Stock Exchange Roadshow Center, allowing for interactive communication with investors [2][3]. - Key executives, including the Chairman and General Manager, participated in the meeting to address investor inquiries regarding the company's performance and strategies [3]. Group 2: Investor Questions and Company Responses - The company aims to balance traditional business stability with new business growth by focusing on "stabilizing the main business and strengthening new business" to mitigate cyclical risks in downstream industries [4]. - In emerging fields like silicon-based new materials and synthetic biology, the company identifies its core competitive advantages as cost reduction through existing industrial synergies, a responsive R&D model, and a focus on niche markets to avoid homogenization [4]. - The company specializes in lithium battery electrolyte materials, with stable sales growth and increasing market share in the rapidly developing energy storage market [5]. - To achieve resource synergy and technical complementarity between new and old businesses, the company plans to share resources, promote technology reuse, and leverage existing customer networks [5]. - The discrepancy between net cash flow from operating activities and net profit in Q3 was attributed to increased accounts receivable and inventory levels due to sales growth, with measures in place to improve cash flow management [6]. - The company has a solid cash position and is open to acquisitions that align with its strategic focus on synergistic opportunities in high-value markets and emerging fields [6].