Core Viewpoint - The company, Strongly New Materials (300429), announced on October 28 that its photosensitive polyimide (PSPI) is currently in the customer verification stage [1] Group 1 - The company's PSPI product is undergoing validation by customers [1]

Group 1 - The company is currently in the customer verification stage for its photosensitive polyimide (PSPI) product, and it has not yet passed certification [2] - There are inquiries from investors regarding whether the PSPI product has undergone small-scale testing at certain manufacturers [2] - The company has not confirmed any orders related to the PSPI construction project as it is still in the verification phase [2]

Group 1: Advanced Packaging Materials Development - The company is developing photosensitive polyimide (PSPI) for advanced semiconductor packaging, with high-temperature and low-temperature curing variants [1][4] - PSPI products are currently in the customer sample verification stage, while advanced plating materials are in the customer certification phase [2][5] - The company aims to expedite customer certification processes to generate actual benefits [2][4] Group 2: Financial Performance and Challenges - In 2024, the company achieved revenue of 924.09 million yuan, a 15.93% increase year-on-year [3] - The company reported losses due to low market prices and increased financial costs, including a total of 123.57 million yuan in impairment provisions [3] - The company plans to optimize financial management and reduce costs through various measures [3] Group 3: Cost Reduction and Profitability Improvement - Cost reduction strategies include bulk purchasing, optimizing production technology, and improving personnel structure [2][3] - The company will enhance cash flow management by optimizing accounts receivable and improving inventory turnover [2][3] Group 4: Future Business Strategies - The company will focus on core business areas while exploring new markets and products [3][4] - Plans include strengthening marketing efforts, enhancing R&D investment, and improving production safety and efficiency [3][4] - The company is transitioning from a single supplier of photoresist to a comprehensive service provider in the photoresist sector [4]