泰和新材(002254) - 2026年1月21日投资者关系活动记录表

Group 1: Company Overview - Taihe New Materials Group Co., Ltd. operates through four main divisions: Advanced Textiles, Security and Information, New Energy Materials, and Chemical Division [2][3] - The Advanced Textiles Division focuses on spandex and smart fibers, with spandex characterized by high elongation and rebound [2] - The Security and Information Division primarily deals with aramid fibers, which have properties such as flame resistance and high strength [2] Group 2: Production and Capacity - Spandex production capacity is currently at 100,000 tons [3] - The company has seen improvements in spandex operating rates, contributing to reduced losses [3] - The goal for most products is a double-digit growth in production by 2026 [5] Group 3: Market and Pricing - Approximately 20% of aramid fiber is exported, with better profitability in international markets compared to domestic [3] - The global demand for aramid paper in aerospace applications is significant, with an estimated usage of 4,000 to 5,000 tons [3][4] - The pricing of aramid products varies by region and application, with higher prices observed in overseas markets [3] Group 4: Future Plans and Challenges - The company plans to build technical platforms for future chemical products once existing capacities are optimized [5] - There is a focus on engineering technology improvements to enhance product quality and reduce costs [3] - The self-sufficiency rate for aramid raw materials is approximately 40-50% [5]