KINGFA(600143)2024-12-16 09:34Group 1: Company Overview and Strategy - Jinfa Technology is focusing on the development of specialty engineering plastics, which have a large demand space, high barriers, and strong profitability [2] - The company aims to optimize its equity structure through the capital increase of Zhuhai Wantong Specialty Engineering Plastics Co., Ltd. (referred to as "Specialty Plastics Company") [4] - Jinfa Technology has established a value-sharing system over 30 years, attracting and retaining talented employees through employee stock ownership plans [4] Group 2: Internationalization and Market Expansion - The company is actively promoting internationalization and enhancing local supply and service capabilities [4] - Jinfa Technology has established production capabilities in various regions, including subsidiaries in the USA, Europe, India, Malaysia, and Vietnam [4] - The company aims to increase its market share in modified plastics and expand its overseas business [5] Group 3: Business Outlook and Performance - Jinfa Technology plans to accelerate the development of new products and expand into new application areas in the new materials sector [5] - The company is focusing on improving operational efficiency in its petrochemical projects and enhancing the utilization rate of its medical health sector [6] - As of November 30, the company has repurchased shares totaling approximately RMB 53.25 million, with plans to continue share buybacks based on market conditions [7]