J-Micro(SZ:300819) Dong Jian Yan Bao·2026-01-21 02:33Group 1: Research Basic Information - The research object is Jujie Microfiber, belonging to the textile and apparel industry, with a reception time of January 20, 2026. The listed company's reception personnel include the board secretary Huang Yahui, the securities affairs representative Si Xianyu, and the securities specialist Wu Yujie [16] Group 2: Detailed Research Institutions - The research institutions include CITIC Securities (securities company, with relevant personnel Yao Zhengyang and Zhang Zheng), McGregor Securities (securities company, with relevant personnel Wang Ruidi), Liwo Fund (fund management company, with relevant personnel Meng Shuhao), Caitong Business Society (others, with relevant personnel Chen Si), and Securities Times (others, with relevant personnel Zhang Yihao) [17] Group 3: Main Content - The company's main business is to research, develop, produce, and sell microfiber products, artificial leather fabrics, functional fabrics, dust-free clean fabrics, and related products. The products are mainly used in sports apparel fabrics, automotive interior products, electronic product outer packaging, and dust-free clean workshop consumables [23] - The company is conducting application research on the driving fiber of Suzhou Jidong Technology Co., Ltd. with some downstream enterprises. This material can be used in the toy industry and medical and health fields that require driving functions, but it is still in the research stage without mass - produced products or relevant revenue [23] - The company attaches importance to R & D, has its own research center, and has extensive cooperation with external universities and research institutions [23] - The company has only carried out extremely small - scale sales of solid - state battery membranes, and its contribution to revenue is negligible. The product is still being improved, and downstream enterprises are still debugging the products [23] - The company does not directly supply to Apple but supplies consumer electronics fabrics to enterprises in Apple's supply chain. The revenue from consumer electronics fabrics increased significantly from 2023 to 2024, and the main competitors are Japanese enterprises [24] - The company is optimistic about the future development space of fiberglass cloth and Q - cloth (quartz electronic cloth) but has not produced or sold these products yet [24] - The company's dust - free cloth is mainly used in the cleaning process of the liquid crystal display and semiconductor manufacturing fields, with high adsorption and low dust emission. The market is growing well, and there are already a number of large - scale customers using it [24]