Core Viewpoint - The company plans to invest 150 million yuan in a project to produce 30,000 sets of lead-free radiation protection products annually, enhancing its capacity and market presence in the radiation protection materials sector [1] Investment Details - The project will be located at Industrial Plot 8-2 in Sizhang Village, Yuelin Street, with a total planned investment of 150 million yuan, of which at least 105 million yuan will be fixed asset investment [1] Product Development - The company has developed high-energy radiation lead-free protection materials that can shield X-rays and gamma rays, characterized by being lightweight, flexible, and environmentally friendly, suitable for medical, security, food inspection, and nuclear industries [1] Medical Applications - In the medical field, the company has completed the development of lead-free radiation protection clothing and scatter radiation protection blankets, which reduce the burden on healthcare workers and effectively decrease radiation doses during surgeries, filling a domestic gap in the market [1] Strategic Importance - This investment is a significant decision aligned with the company's long-term business development strategy, aimed at expanding production capacity and optimizing industry structure to enhance profitability in the radiation protection materials market [1]

Group 1: Market Performance and Product Advantages - The company's radiation protection materials achieved a doubling growth in 2024, driven by technological leadership, superior product performance, cost advantages, and eco-friendly characteristics [1] - The introduction of lead-free radiation protection materials has opened up the market, supported by core patents and innovative results that establish a technological barrier [2] - The flexible lead-free protection materials match the cost of traditional lead-containing products while eliminating harmful substances, addressing global environmental regulations and the demand for lead-free solutions [2] Group 2: Market Penetration Strategies - The company has leveraged over a decade of technological accumulation to develop high-energy radiation lead-free protection materials, which effectively shield X-rays and γ-rays [2] - Targeting sectors such as medical, security, and food safety, the company has introduced products like medical scatter radiation protection blankets and adapted protective materials for food safety testing [2] - The company has successfully expanded its customer base through participation in exhibitions and academic conferences, collaborating with medical institutions and manufacturers [2] Group 3: Research and Development Breakthroughs - The company focuses on a micro-nano powder technology platform, achieving significant breakthroughs in various projects, including infrared absorption materials and transparent radiation protection materials [3] - The development of metal electronic powders and special ultra-fine metal powders is underway, with products entering customer validation stages [3] - The company plans to continue increasing R&D investment, with a projected R&D expenditure of 88.6 million yuan in 2024, representing a 69% increase and accounting for 9.6% of revenue [4] Group 4: Future Strategic Planning - The company aims to strengthen its core competencies in functional materials through sustained R&D investment, enhancing product performance and value [4] - The long-term investment strategy is designed to accelerate product upgrades and establish differentiated competitive advantages in the market [4] - The company anticipates achieving a revenue of 850.996 million yuan in 2024, reflecting a year-on-year growth of 14.94% [4]