Core Viewpoint - Suzhou Tianmai (301626) is actively engaging with institutional investors and is focusing on expanding its production capabilities to meet the growing market demand for thermal management materials and components. Group 1: Company Overview - Suzhou Tianmai specializes in the research, development, production, and sales of thermal management materials and components [6] - The company currently has production bases in Suzhou, Shengzhou (Zhejiang), and Bắc Ninh (Vietnam), with plans to acquire 100 acres of land for a new intelligent manufacturing base in Suzhou [2] Group 2: Financial Performance - In Q1 2025, the company reported a main revenue of 250 million yuan, a year-on-year increase of 5.72%, while the net profit attributable to shareholders decreased by 3.67% to approximately 54.4 million yuan [6] - The company's gross profit margin stands at 44.19%, with a debt ratio of 9.92% [6] Group 3: Future Outlook - The company anticipates a revenue growth of approximately 10% for 2025 compared to 2024, although this projection is subject to various uncertainties including industry competition and market demand [5] - The company is currently in the sample testing phase for entering the North American supply chain, with uncertain outcomes [4] Group 4: Employee Incentives - Prior to its IPO, the company implemented an equity incentive plan for senior management and key employees, with future plans for additional incentives based on operational and financial performance [3]

Group 1: Company Overview - Suzhou Tianmai Thermal Technology Co., Ltd. was established in 2007, initially focusing on thermal interface materials, which have high technical barriers in the mid-to-high-end product market [2] - The company has developed high thermal conductivity, low volatility, and low oil thermal silicone sheets, widely used in consumer electronics, security monitoring, automotive electronics, and communication equipment [2][3] Group 2: Product Development and Market Trends - Since 2010, the rapid development of consumer electronics, particularly smartphones and tablets, has increased the demand for thermal management solutions [2] - The company independently developed artificial synthetic graphite materials in 2012 to meet the growing thermal management needs in the consumer electronics sector [2] - The company has been investing in the research and development of heat pipes and uniform temperature plates since 2014 and 2017, despite initial market uncertainties [3] Group 3: Production and Expansion Plans - Current production bases are located in Suzhou, Zhejiang Shengzhou, and Bắc Ninh, Vietnam, with plans to purchase 100 acres for a new intelligent manufacturing base in Suzhou [3][4] - The new manufacturing project is expected to take time to implement and will not significantly impact the company's performance in the short term [3] Group 4: Investor Relations and Future Outlook - The company anticipates a revenue growth of approximately 10% for the year 2025, although this is subject to various uncertainties including market competition and operational management [4] - The company has implemented stock incentive plans for senior management and core employees prior to its IPO and plans to consider future stock incentive arrangements based on operational performance [3][4]