Core Viewpoint - The company is currently in the experimental optimization phase of developing a new type of flame-retardant material, with no mass production or revenue generated yet [1] Group 1: Product Development - The new flame-retardant material is still in the laboratory optimization stage with the partner company [1] - There is significant uncertainty regarding the industrialization and commercialization of the new material, which may not meet expectations [1] Group 2: Market and Revenue Implications - The company has not yet formed any operating revenue from the new material [1] - The authorization from the partner company for the use and promotion of the new material is limited to the construction-related field [1]

Group 1 - The company, Zhite New Materials (300986.SZ), stated that the cooperative heat-insulating and fireproof materials have not yet been mass-produced and have not generated any operating revenue [1] - The company has not established relevant production lines in Hefei and has not sent samples for testing to CATL (Contemporary Amperex Technology Co., Limited) [1] - The company's partner is currently advancing the patent application process related to the materials [1]

Group 1 - The company, Zhite New Materials, emphasizes its strict adherence to laws, regulations, and disclosure requirements in its communications with investors [2] - The partnership regarding the thermal insulation and fireproof materials is clarified as a cooperative relationship, not involving a subsidiary of the company [2] - Investors are advised to refer to official announcements published by the company in designated information disclosure media for accurate information [2]

Core Viewpoint - The company, Zhite New Materials (300986.SZ), has indicated that the cooperative heat-insulating and fireproof materials have not yet reached mass production and have not generated any operating revenue [1] Group 1 - The industrialization of new materials faces significant uncertainties and potential risks of underperformance [1] - The company advises stakeholders to refer to announcements published in designated information disclosure media for specific updates [1]