Group 1 - The core viewpoint of the article highlights the growth and advancements in the company's new energy vehicle (NEV) business, which includes electric vehicle charging guns, charging stations, high-voltage wiring harnesses, high-voltage connectors, and thermal runaway protection products for power batteries, benefiting from the rapid development of the NEV industry and the company's leading position and continuous R&D innovation [2] - The company's NEV-related products have maintained a strong growth trend, with a compound annual growth rate (CAGR) exceeding 30% over the past three years [2] - The company has successfully applied its nuclear-grade (1E grade) cable accessory products in multiple domestic and international nuclear power projects, achieving a leading bid-winning rate in the industry [2] Group 2 - The company has completed the research and identification of cable accessories for nuclear power plants with an 80-year service life, filling an international gap and reaching an advanced level globally [2] - The company will comply with relevant disclosure requirements for information disclosure and encourages stakeholders to pay attention to related announcements [2]

Core Viewpoint - The company is experiencing significant growth in its new energy vehicle (NEV) business, with a compound annual growth rate (CAGR) exceeding 30% over the past three years, and anticipates continued rapid growth in 2024 and 2025 [2] Group 1: New Energy Vehicle Business - The company's NEV products include electric vehicle charging guns, charging stations, high-voltage wiring harnesses, high-voltage connectors, and thermal runaway protection products for power batteries [2] - The growth of the NEV business is attributed to the ongoing rapid development of the NEV industry, the company's leading position in the market, and continuous research and development innovations [2] Group 2: Nuclear Power Business - The company's nuclear-grade (1E grade) cable accessory products have been successfully applied in various nuclear power projects both domestically and internationally, achieving a leading bid-winning rate in the industry [2] - The company has completed the research and certification of cable accessories for nuclear power plants with an 80-year lifespan, filling an international gap and reaching an advanced level globally [2] - The company will disclose relevant information according to disclosure requirements and encourages stakeholders to pay attention to related announcements [2]

Core Insights - The company,沃尔核材, has announced that its subsidiary, 上海科特, produces thermal runaway protection products for power batteries, which are widely used in new energy battery modules and PACK systems [1] Group 1 - The thermal runaway protection products serve functions such as buffering, thermal insulation, and high-temperature insulation [1] - Major clients of the company include leading enterprises in the new energy battery sector [1]

Group 1 - The core inquiry from investors pertains to whether the thermal runaway protection products for power batteries from the company's subsidiary meet the safety requirements outlined in the latest draft of the "Technical Conditions for the Safe Operation of Motor Vehicles" [2] - The company confirmed that its subsidiary, Shanghai Kete, produces thermal runaway protection products that are widely used in new energy power battery modules and PACKs, providing buffering, thermal insulation, and high-temperature insulation [2] - Major clients of the company's thermal runaway protection products include leading enterprises in the new energy battery sector [2]