SINOSTEEL LNMTC(SH:688119)2024-05-15 09:28Group 1: Company Development Strategy - The company aims to lead high-quality development through technological advancement in response to weakened market demand and intensified competition in the refractory materials industry [2] - The focus will be on high-end, intelligent, green, and efficient development, leveraging national-level R&D platforms and talent [2] - The company plans to enhance core competitiveness by advancing technological innovation and optimizing product structure [2] Group 2: Product and Market Position - The company is a pioneer in the independent research and industrialization of silicon carbide products in China [3] - Silicon carbide products are primarily used in metallurgy, non-ferrous metals, building materials, and environmental protection sectors [3] - The company has a strong market influence due to its early start and numerous achievements in the domestic silicon carbide refractory materials market [3] Group 3: Raw Material Sourcing - All raw materials used in production are sourced externally, including silicon carbide, corundum, bauxite, magnesia, and metallic silicon [3] - The company has specific requirements regarding the types and quality of raw materials used in its products [3]