Group 1: Company Performance and Business Progress - In the first half of 2025, the company reported revenue of approximately 533 million yuan, a year-on-year decrease of about 10.7%, and a net loss attributable to shareholders of approximately 8.3 million yuan [1] - The company plans to optimize product structure, control costs, and expand market reach to improve performance [1] Group 2: Business Development - The first phase of the Anhui Anqing New Materials Industrial Base has some production lines in trial production, with others under planned construction [2] - Marine coatings are primarily used above the waterline of ships, with some products validated by Ningde Times but not yet supplied in bulk [2] Group 3: R&D Directions and Product Layout - The company's R&D focuses on green and environmentally friendly sealants and water-based coatings, promoting low VOC, solvent-free, and water-based products [3] - In the electronics sector, the company is actively exploring the 3C coating market with mature products, while liquid cooling silicone oil is still in the verification stage [3] - For aerospace applications, the company has developed a protective matrix for eVTOLs and aims to establish a joint venture for the development of adhesives for aircraft windshields [3] Group 4: Opportunities in New Energy - The company anticipates significant market potential for its "adhesive-coating integration" technology with the implementation of the new national standard for electric vehicle batteries in July 2026 [4] - The company has provided one-stop solutions for commercial and residential energy storage and has established partnerships with clients like Pylon Technologies [4]

市场投放，公司现有产能具备液冷硅油批量生产的条件。公司将持续关注 行业技术趋势与客户验证反馈，稳步推进研发成果的转化进程。谢谢！ 2、问：邹董事长您好：在今年建筑行业不景气的情况下，是否能保 住稳定营收？请问安庆的公司是否建设完毕，投产情况如何，公司生产的 船舶用涂料是否能用在船底的部位？公司生产的新能源胶和电池用胶是 否会成为公司的增长点。公司和宁德时代合作的进展到什么程度了？ 证券代码：002909 证券简称：集泰股份 广州集泰化工股份有限公司 投资者关系活动记录表 | 编号：2025-06 | | --- | | | □特定对象调研 □分析师会议 | | --- | --- | | | □媒体采访 □业绩说明会 | | 投资者关系 | □新闻发布会 □路演活动 | | 活动类别 | □现场参观 | | | ■其他（2025 年广东辖区投资者集体接待日暨辖区上市公司中报业绩说明 | | | 会） | | 活动参与单位 | 本次活动为广东证监局、广东上市公司协会联合举办的"向新提质价值领 | | 及人员 | 航——2025 年广东辖区投资者集体接待日暨辖区上市公司中报业绩说明 | | | 会"，面向全体投资 ...

Group 1: Business Strategy and Market Position - The company is optimizing its construction adhesive business to address the slowdown in the construction sector, focusing on enhancing its position in engineering fields and expanding into the home decoration retail market, with a sales revenue of 86.79 million yuan in 2024, a year-on-year increase of 13.89% [2][3] - The gross margin for construction adhesives in 2024 is projected to be 26.32%, indicating a stable profit margin despite market fluctuations [3] - The company is strategically restructuring its business to focus on high-growth sectors such as new energy, storage, and home decoration, with revenue shares for industrial adhesives and coatings increasing by 4.92 percentage points and 10.31 percentage points respectively, while construction adhesives' revenue share decreased by 15.18 percentage points [3] Group 2: Market Trends and Opportunities - The construction adhesive industry still has significant room for market concentration improvement, as many lower-performing companies are expected to exit the market, allowing leading firms to increase their market share [4] - The electric two-wheeler market is projected to have a sales volume of approximately 50 million units in 2024, with adhesives playing a crucial role in battery assembly and vehicle structure, presenting a structural growth opportunity [7] - The company has established partnerships with major players in the new energy sector, including BYD and other electric vehicle manufacturers, indicating a strong foothold in this emerging market [5][6] Group 3: Product Development and Innovation - The company has achieved a 54.84% increase in sales revenue for its coatings segment in 2024, reaching 351.49 million yuan, driven by increased demand for environmentally friendly water-based paints [8] - The company is a pioneer in the water-based paint industry and has developed zero VOCs emission powder coatings, enhancing its competitive edge in the market [10] - A new joint venture has been established to develop adhesives for aircraft windshield applications, aiming to break international monopolies and cater to domestic aviation market needs [11] Group 4: Operational Efficiency and Cost Management - The company is implementing smart manufacturing upgrades to reduce labor costs while expanding production capacity, with the ability to produce 56,000 tubes of sealant per hour [12][13] - A comprehensive digital transformation strategy is in place, covering financial, sales, manufacturing, and R&D operations to enhance efficiency and reduce costs [13] - The company maintains a stable supply chain for its main raw materials through long-term partnerships with suppliers, mitigating risks associated with market fluctuations [15]