Group 1: Basic Information - The research object is Yubang New Materials, belonging to the non - ferrous metals industry. The reception time was September 26, 2025. The listed company's reception staff included Lin Min, director, deputy general manager, and board secretary, and Qin Huiyun, securities affairs representative [16] Group 2: Detailed Research Institutions - The institutions participating in the research include securities companies (CITIC Securities, Industrial Securities), other financial companies (Hangyin Wealth Management), asset management companies (Hesheng Asset), and fund management companies (Xingquan Fund). The relevant personnel from each institution are also listed [17] Group 3: Main Content - The company established a subsidiary, Wuxi Suneng Superconducting Materials Technology Co., Ltd., to promote the industrialization of superconducting materials research results and will focus on production and market promotion [22] - The company's multi - layer composite welding tape product has a high market share, and the R & D team is further researching its technology and application [22] - The infrastructure project of Anhui Yubang has been completed, and it is implementing an expansion plan according to market changes. It is also introducing an information system to build an intelligent factory [22]

Group 1: Business Planning and Development - The company has established a subsidiary, Wuxi Suneng Superconducting Materials Technology Co., Ltd., to leverage its technological expertise for the industrialization of superconducting materials research results [1] - The company is focusing on the production and market promotion of superconducting materials, utilizing its advantages in engineering capabilities [1] Group 2: Product Sales and Market Position - The multilayer composite welding strip is a pioneering product for the company, maintaining a high market share in its competitive landscape [1] - The R&D team is actively engaged in further technical research and application of multilayer composite welding strips [1] Group 3: Project Progress and Future Plans - The construction of the Anhui Yubang welding strip production project has been completed, laying the foundation for capacity expansion [1] - Anhui Yubang is implementing an orderly expansion plan in response to market changes in the photovoltaic industry and product technological developments [1] - The company is integrating an information system to transform Anhui Yubang into an intelligent factory, enhancing overall operational management efficiency [1] Group 4: Disclosure Information - The activity did not involve any undisclosed significant information [2]