Hanvo Safety(SZ:300952)2025-05-26 00:42Group 1: Order and Market Strategy - The company maintains a stable production operation with current orders meeting expectations, despite some negative impact from U.S. tariffs on orders from the U.S. region [3] - To mitigate tariff-related risks, the company is accelerating capacity construction in Vietnam and implementing a diversified market strategy, focusing on emerging markets such as the EU, South America, Africa, and Australia [3] - The company aims to establish a "domestic + international" dual-driven growth model by enhancing market penetration in the domestic market [3] Group 2: Research and Development Progress - The company has made significant progress in developing ultra-high molecular weight polyethylene fiber for robotic applications, achieving expected results in key technical indicators [4] - A patented technology for enhancing the stability of ultra-high molecular weight polyethylene fiber has been authorized, further strengthening the company's competitive edge in high-end fiber technology [4] - The company is exploring various applications for ultra-high molecular weight polyethylene fiber in robotics, with positive feedback from clients and ongoing feasibility assessments for further collaboration [4] Group 3: Biodegradable Polyester Rubber Project - The company is advancing its biodegradable polyester rubber project, with a planned annual production capacity of 110,000 tons, and the first phase of 10,000 tons is set to begin production by the end of 2025 [5] - This project aligns with the company's core business and is expected to open new growth avenues, leveraging partnerships with academic institutions for technology transfer [5] Group 4: Production and Sales Distribution - The company’s subsidiary, Hengshang Materials, operates at full capacity, producing 3,000 tons of ultra-high molecular weight polyethylene fiber, with a utilization rate of 70% for internal use and 30% for external sales [6] - The external sales products are primarily used in defense, police, high-end home textiles, and safety protection sectors [6] Group 5: International Expansion and Sales Network - The company has established a nearly 30-member elite overseas sales team, all with over three years of international market experience, to enhance its global market presence [7] - A multi-layered global sales network has been constructed, with plans to expand the overseas team and strengthen market presence in the Middle East, Africa, and Australia [7]