RUIFENG CHEM(SZ:300243)2025-05-15 09:36Group 1: Company Developments - The company is advancing the low-cost industrialization of black phosphorus, currently in the ton-level pilot testing phase [2] - The company has sent samples of its self-developed SBR series lithium-ion battery negative electrode binder to multiple battery clients, which are currently under testing [2] - The company is actively promoting the development of biodegradable materials and polyester materials, with ongoing research on PETG/PCTG production [3] Group 2: Production Capacity and Profitability - The company is currently limited by the underperformance of the biodegradable materials market and related policies, affecting the PBAT project [3] - The company is working on technical upgrades to meet production requirements for polyester materials [3] - The timeline for profitability from black phosphorus production is still uncertain as it is in the pilot testing stage [3]