天洋新材(603330) - 天洋新材2024年11月18日投资者关系活动记录表

Group 1: Company Overview - Tianyang New Materials (Shanghai) Co., Ltd. is listed under stock code 603330 [1] - The investor relations activity took place on November 18, 2024, from 15:00 to 16:00 [2] Group 2: Business Performance - The company reported stable operations across all business segments, with good financial conditions [2][3] - Revenue from hot melt adhesives remains stable, while electronic adhesives show continuous growth in revenue and profit [2] - The photovoltaic sector is expected to grow long-term due to global carbon neutrality goals, despite facing cyclical fluctuations [2] Group 3: Industry Insights - According to the China Photovoltaic Industry Association, the first half of 2024 saw a trend of "price reduction and volume increase" in the photovoltaic industry, leading to some companies facing losses and production capacity slowdowns [2] - The urgency for domestic photovoltaic film capacity expansion has decreased, prompting the company to adjust its operational strategies accordingly [3] Group 4: New Products and Clients - The company has launched new products in the electronic adhesive segment, including AA glue, which is designed to replace imported alternatives [3] - New clients include major industry players like DJI, with expected shipments of 2 to 3 million units this year [3] Group 5: Financial Highlights - In Q3 2024, the electronic adhesive business saw a revenue increase of 29.09% year-on-year, with gross profit rising by 34.16% [3] - The hot melt adhesive segment continues to innovate and expand into new applications, particularly in the automotive sector [3]