SINOSTEEL LNMTC(SH:688119)2024-11-26 10:34Group 1: Company Overview - Zhonggang Luonai Technology Co., Ltd. is a leading domestic enterprise in the research and industrialization of silicon carbide refractory materials [5] - The company has a significant presence in the overseas market, with approximately 15% of its revenue coming from international sales [6] Group 2: Raw Material Management - The company faces fluctuations in raw material prices, including silicon carbide, chrome oxide, and magnesia, which can impact profitability [4] - To mitigate the effects of rising raw material costs, the company will optimize procurement processes and strengthen strategic partnerships with suppliers [4] Group 3: Product Development and Applications - Silicon carbide refractory materials are crucial in industries such as steel, non-ferrous metallurgy, and defense, known for their high thermal conductivity and strength [5] - The company has developed a series of silicon carbide products for waste incineration power generation, matching the performance of advanced foreign products [5] Group 4: Research and Development Strategy - The new materials R&D center focuses on upgrading traditional technologies and developing high-temperature materials for various applications, including military and environmental protection [9] - The company aims to enhance its core competitiveness by pursuing high-end, intelligent, green, and efficient development strategies [9]