NOVEL(SZ:002014)2025-09-16 08:58Group 1: Company Strategy and Expansion - The establishment of the Shanghai subsidiary aims to leverage the city's unique geographical advantages for research and innovation, market expansion, and international business growth [2][3] - The company plans to enhance its international client services and brand promotion through the Shanghai platform [3] Group 2: Production Capacity and Future Projects - Upcoming production capacities include: 22,000 tons of new functional film materials, with half of the expansion project expected to be operational by 2026; a multi-functional film project with a total investment of 180 million, expected to be operational by Q2 next year; and a pet food packaging project currently in trial production [3] - The company will continue to operate existing factories while adding capacity with the new intelligent factory [3] Group 3: Market and Sales Strategy - The company emphasizes market alignment and customer service to ensure that sales keep pace with increased production capacity, focusing on enhancing brand influence and expanding into new markets [3]