Core Viewpoint - The company has successfully developed and mass-produced ultra-thin "hand-tear steel," which is increasingly in demand for high-end applications, particularly in the smartphone industry, showcasing significant advancements in China's high-end manufacturing capabilities [1][2][3]. Group 1: Production and Innovation - The company has achieved mass production of its thinnest "hand-tear steel" at a thickness of 0.015 mm, with a daily output of approximately 3 tons [1]. - The production process involves several automated steps, including rolling, cleaning, brightening, straightening, cutting, and packaging [1]. - The company has transitioned from producing 0.02 mm steel to 0.015 mm, reflecting its commitment to continuous innovation and improvement in high-end manufacturing [1]. Group 2: Market Demand and Applications - The demand for "hand-tear steel" has increased significantly, with its application in various products such as foldable smartphones, which require materials that can withstand extensive use without deformation [2][3]. - The company's revenue from "hand-tear steel" is projected to grow from 500 million yuan to nearly 800 million yuan between 2021 and 2024 [3]. - The product is utilized in critical components like the volume keys of smartphones, flexible solar panel molds, and the base materials for magnetic levitation train cables [3]. Group 3: Competitive Advantage and Pricing - The company has successfully replaced imported ultra-thin steel materials, with average prices dropping from 3 million yuan per ton to 1 million yuan per ton, indicating a strong competitive advantage [3]. - The company has established partnerships with domestic firms, such as Shanghai Superconductor Technology Co., which previously relied on imports, and is expected to increase supply significantly in the future [3].

Core Viewpoint - The company has successfully developed and mass-produced ultra-thin "hand-torn steel," which is increasingly in demand for high-end applications, particularly in the smartphone industry [2][4]. Group 1: Production and Innovation - The company has achieved mass production of "hand-torn steel" with a thickness of 0.015 mm, which is a significant advancement from the previous 0.02 mm [2]. - The daily production capacity of "hand-torn steel" can reach approximately 3 tons, with the highest-end products priced comparably to gold [2]. - The company has made significant progress in research and development, leading to breakthroughs in high-precision products that are now market-ready [4]. Group 2: Market Demand and Applications - The demand for "hand-torn steel" has increased, with its market value projected to rise from 500 million yuan to nearly 800 million yuan between 2021 and 2024 [4]. - The applications of "hand-torn steel" are diverse, including components in mobile phone volume keys, flexible solar panel molds, and the base materials for magnetic levitation train cables [4]. - The company has transitioned from relying on imported ultra-thin steel to supplying over 10 tons to Shanghai Superconductor Technology Co., with future supply expected to reach a hundred tons [4]. Group 3: Competitive Advantage - The average price of domestically produced "hand-torn steel" has decreased from 3 million yuan per ton to 1 million yuan per ton, showcasing a competitive edge over imports [4]. - The company emphasizes that while progress has been made, there are still many challenges ahead in the pursuit of excellence in manufacturing [4].