Core Viewpoint - The company is actively expanding its production capabilities and market presence in the new energy sector, particularly focusing on industrial adhesives for battery applications and other related products [1] Group 1: Production and Projects - The company's Anhui Anqing New Materials Industrial Base Phase I project has completed acceptance and is currently in the trial production stage, while the remaining production lines are under planned construction [1] Group 2: Product Development and Market Strategy - The company's marine anti-corrosion paints and ship oil tank paints are primarily used above the waterline of ships [1] - The company aims to seize strategic opportunities from the rapid expansion of the downstream new energy market and is focusing on expanding its industrial adhesive market, including adhesives for battery applications [1] - Some of the company's products have been validated by CATL (Contemporary Amperex Technology Co., Limited), although bulk supply has not yet been established [1]

Group 1: Financial Performance - In the first half of 2025, the company achieved revenue of approximately CNY 533 million, a year-on-year decrease of about 10.7% [3] - The net profit attributable to shareholders was a loss of CNY 8.3 million, primarily due to fluctuations in downstream demand and raw material prices [3] Group 2: Product Development and Market Strategy - The company is focusing on the development of liquid cooling silicone oil, which is currently in the verification stage and has not yet entered mass production [3][4] - The company aims to optimize product structure and control costs while actively exploring markets to improve operational performance [3] - The company has launched a "gel-paint integration" technology route in anticipation of the new national standard for electric vehicle batteries, which will be implemented on July 1, 2026 [5][6] Group 3: Industry Collaboration and New Projects - The company has established a joint venture, Guangzhou Jitian New Materials Co., Ltd., to promote the research and production of adhesives for aircraft windshields, aiming to meet domestic commercial aviation market needs [4] - The company has formed partnerships with clients such as Pylon Technology and XJ Electric for energy storage solutions, providing a one-stop solution covering bonding, thermal protection, and fire prevention [7] Group 4: Research and Development Focus - The company's R&D is concentrated on green and environmentally friendly sealants and water-based coatings, with an emphasis on low VOC, solvent-free, and water-based products [3] - The company has developed high transparency silicone structural sealants and water-based protective coatings to meet market demands for transparency and weather resistance [3]