鼎龙科技(603004) - 鼎龙科技投资者关系活动记录表2024-011

Group 1: Company Overview and Product Lines - The company focuses on PBO (Polybenzoxazole) with stable pricing and production volumes, primarily used in high-end applications [1] - PI (Polyimide) is another key product line, with TPI (Thermoplastic Polyimide) being a major focus, applied in motor insulation and mechanical seals [2] Group 2: Investment Projects and Production Capacity - Two production lines with a capacity of 555 tons began trial production by the end of Q2 2024, with full capacity expected to be released next year [2] - An additional workshop is anticipated to start trial production by the end of this year or early next year, with production including hair dye raw materials and specialty engineering materials [2] Group 3: Market Conditions and Revenue Trends - Q2 revenue decline attributed to overall raw material price drops, product structure adjustments, and global economic conditions [2] - Customers are expected to gradually exit inventory accumulation by the end of this year and early next year, following a period of stockpiling due to supply chain concerns [2] Group 4: Research and Development - The company places significant emphasis on R&D, with a founding team from a technical background and ongoing recruitment of talent primarily from chemical engineering fields [3] - Collaboration with academic institutions and clients is part of the R&D strategy to enhance product development [3] Group 5: Market Growth and Industry Trends - The hair dye raw material market is projected to grow at an overall rate of 7-8%, with future growth for the company relying on product variety expansion and upgrades [3]