Group 1: Company Overview - Huibei New Materials Technology (Shanghai) Co., Ltd. is listed under the stock code 301555 [1] - The company specializes in modified epoxy resins for various applications, including new composite materials and electronic packaging [2] Group 2: Market Trends and Applications - The new composite epoxy resin products are widely used in high-end sports equipment, fishing rods, rail transportation, automotive lightweighting, hydrogen storage tanks, carbon boards, sports shoe materials, and drones [2][3] - The wind power industry is experiencing positive growth, supported by national policies and technological advancements, particularly in offshore wind power [2][3] Group 3: Competitive Landscape - Major competitors in the wind power sector include Daosheng Tianhe, Dongshu New Materials, and Shangwei New Materials [3] Group 4: Financial Performance - The gross margin for the new composite epoxy resin products is approximately 33% for 2024, which is higher than that of the wind power products [3][4] Group 5: Corporate Governance and Future Plans - The company will not issue cash dividends for the fiscal year 2024 [4] - The controlling shareholder is currently under a three-year lock-up period following the company's listing on October 31, 2023, and will not reduce holdings during this time [4] - The company emphasizes long-term value management and aims to enhance product quality and operational efficiency while improving investor relations and transparency [4]