Comens Materials(SZ:300200)2024-05-20 12:31Group 1: Company Overview and Strategy - The company focuses on "strong R&D to seize projects, innovation-driven development; solid management to enhance quality and efficiency" as its operational philosophy [2] - The future development plan emphasizes the "2+3" product strategy, increasing efforts in overseas market expansion, and actively seeking new growth points [2] Group 2: Overseas Business Growth - The company's overseas business primarily involves soft packaging adhesives and automotive adhesives, with export revenue maintaining over 20-30% growth in recent years [3] - In Q1 2024, overseas revenue from soft packaging adhesives increased by 53.50% compared to the same period last year [3] Group 3: Product Development and Market Position - The functional transportation materials segment, including automotive adhesives and NVH materials, is expected to see significant growth in 2024, with a 34.59% increase in revenue compared to the previous year [3] - The company is actively pursuing projects in the battery adhesive sector, with multiple bids received and expected mass supply starting in June 2024 [3] Group 4: Production Capacity and Project Updates - The Nantong Gaomeng project with a capacity of 46,000 tons is in the commissioning phase, while the 124,500-ton adhesive project is in equipment procurement, with trial production expected to start in July 2024 [4] - The company aims to enhance production capacity utilization and brand competitiveness through strategic adjustments and overseas market development [5]