Kitech(SZ:300995)2025-05-08 14:56Company Overview - Qide New Materials Co., Ltd. specializes in high-performance polymer modified plastics and related products, focusing on the new materials sector aligned with national strategic emerging industries [3] - The company operates production bases in Guangdong, China, and Thailand, supporting global delivery capabilities [3] - Qide has obtained 34 authorized patents and various industry certifications, including ISO9001 and ISO14001 [3] Automotive Sector Performance - In 2024, revenue from the automotive sector is projected to account for 26.82% of total revenue, reflecting a 79% year-on-year growth [4] - The company aims to deepen investments in the new energy vehicle industry and strengthen collaborations with leading manufacturers [4] Carbon Fiber Products - Sales revenue from carbon fiber products is expected to grow by 102% year-on-year in 2024, driven by increased production and new project expansions [7] - The company offers a one-stop service for automotive-grade carbon fiber products, including structural design and mass production [5][6] Production Expansion Plans - Qide plans to expand its carbon fiber production capacity through facility upgrades and automation to meet rising demand from high-end new energy vehicles and emerging sectors [8] - The company is also expanding its production capabilities in Thailand to enhance local delivery efficiency for the Southeast Asian market [13] Future Growth Drivers - The company is focusing on high-performance polymer modified plastics and precision molding products to capitalize on the domestic new energy vehicle market's growth [11] - Qide aims to become a global leader in new material solutions by enhancing product competitiveness and expanding into international markets [11] Applications in Robotics - Qide's high-performance polymer composites are suitable for applications in humanoid robots, including lightweight and high-strength components [12] - The company is conducting research to expand its product applications in the robotics sector, although it currently lacks orders in this field [12]