Group 1: Stock Performance and Market Stability - The company's stock was issued at a price of 23.88 CNY, but the current stock price is 17 CNY, significantly below the issuance price, raising concerns about market stability and investor confidence [1] - The company acknowledges that stock prices in the secondary market are influenced by multiple factors and emphasizes the importance of transparent communication regarding financial and operational status [1] - The company plans to continuously optimize its main business and strengthen its industrial chain collaboration to enhance overall company value [1] Group 2: Market Conditions and Business Strategy - The domestic electrolytic copper foil industry remains highly competitive, with processing fees at historical lows, impacting the company's performance [2] - The company aims to consolidate and expand its market share in high-end electronic circuit copper foil, improve product quality, and enhance production capacity for high-frequency and ultra-thin copper foil [2] - Adjustments to the PCB product structure and production layout are planned to increase the proportion of high-value-added products and improve capacity utilization [2] Group 3: Financial Performance and Future Outlook - The company's performance has been disappointing since its listing, with ongoing challenges in achieving profitability in the PCB business, particularly for double-sided and multi-layer products [3] - The company expects that as industry competition leads to capacity reduction, supply and demand relationships will gradually improve, potentially enhancing future performance [3] - Ongoing projects funded by the initial public offering are progressing as expected, aligning with the company's commitments made during the IPO [3] Group 4: Shareholder Actions and Market Management - The company is committed to market value management and will disclose any plans for share buybacks in accordance with relevant laws and regulations [4] - Concerns were raised regarding major shareholders reducing their holdings despite the stock price being below the issuance price, with clarifications that the reducing shareholders are not the controlling shareholders of the company [5]
逸豪新材(301176) - 301176逸豪新材投资者关系管理信息20250521