Core Viewpoint - The company, Huitian New Materials, has made significant advancements in research and development, focusing on high-growth areas such as new energy and high-end electronics, with several new products achieving market breakthroughs and contributing to revenue growth [1] R&D and New Product Progress - The company has increased its R&D investment in recent years, targeting high-growth sectors like new energy and high-end electronics [1] - Several new products have achieved market breakthroughs, contributing to revenue growth, including: - Lithium battery negative electrode adhesives (PAA and SBR) have achieved stable supply to leading power battery customers, with revenue from these products doubling year-on-year in the first half of the year [1] - Thermal conductive adhesives, UV adhesives, and PUR adhesives have passed tests from leading industry customers in consumer electronics and chip packaging, beginning to contribute to sales [1] - In the photovoltaic sector, new products like UV adhesives and water-blocking adhesives have entered the certification phase with key customers and are in small batch supply [1] - The company anticipates rapid growth in these products as production capacity is released, technology iterates, and customer collaborations deepen, which is expected to drive new performance growth [1]