Group 1: Iodine Applications and Market Overview - Iodine and its derivatives are crucial raw materials in medical, agricultural, industrial, and nutritional fields, widely used in various product formulations as key components or catalysts [2] - The downstream application structure of iodine includes three core areas: X-ray contrast agents, pharmaceutical manufacturing, and LCD panel manufacturing, collectively accounting for approximately 63% of global consumption [2] - Major iodine production is concentrated in three regions: Chile, Japan, and the United States, which together account for 88% of global sales [2] Group 2: Iodine Production and Market Share - Five companies in Chile account for about 60% of global iodine sales, with SQM alone representing approximately 37% [2] - Eight Japanese producers collectively hold around 23% of the market share, while U.S. producers account for nearly 5% [2] - Other countries with minor production include Russia, Turkmenistan, Azerbaijan, Indonesia, and China [3] Group 3: Company Product Offerings - The company’s inorganic iodide products include potassium iodide, potassium iodate, sodium iodide, hydriodic acid, and cuprous iodide, primarily used in pharmaceuticals, pesticides, feed, and optoelectronic materials [3] - The company’s organic iodide product, trimethylsilyl iodide, serves as a protecting group in organic synthesis, mainly applied in pharmaceutical production (e.g., cephalosporins, macrolide antibiotics) [3] - The company has a 4,000 tons/year inorganic iodide production project focusing on potassium iodide, hydriodic acid, ammonium iodide, silver iodide, and lithium iodide [3]