Miracll(SZ:300848)2025-05-21 08:36Group 1: Company Overview - The company is a well-known domestic producer of polyurethane new materials (TPU, PUR, PUD, PBS) and functional chemical raw materials (special isocyanates, special amines) with applications in various fields such as consumer electronics, automotive manufacturing, and green energy [2] Group 2: Project Progress - The first phase of the polyurethane industrial park has successfully completed the entire production process, with six products (HDI, PPDI, CHDI, PNA, PPDA, and CHDA) achieving qualified output [2] - Two new fundraising projects commenced construction in Q4 2024, with an 18-month construction period. The annual production of 10,000 tons of expandable thermoplastic polyurethane elastomer is currently in equipment and pipeline installation, while the 30,000 tons of water-based polyurethane project has completed steel structure construction and is also in the installation phase [3] Group 3: Product Characteristics and Competitive Advantage - The self-developed foamed TPU has lightweight and high rebound characteristics, making it suitable for sports shoe midsoles, with a promising market outlook. The core raw material, HDI, will enhance the competitive advantage of the foamed TPU once the Henan project is operational [3] Group 4: Financing Plans - The simplified procedure for the private placement is a type of directed issuance with a maximum financing scale of 300 million yuan, not exceeding 20% of the net assets at the end of the previous year. The decision must be approved at the annual shareholders' meeting [3] Group 5: Compliance and Communication - During the reception, the company representatives engaged in thorough communication with the visitors, adhering strictly to relevant regulations without any major information leakage [4]