BBJX(BJ:430489)2024-03-04 10:08Group 1: Investor Relations Activity Overview - The investor relations activity took place on February 29, 2024, at the Shanghai Jin Jiang InterContinental Hotel [2] - Participating institutions included various securities firms and investment companies such as Shenwan Hongyuan, Anxin Securities, and Dongguan Securities [2] Group 2: Company Projects and Developments - The subsidiary Anhui Yingtemei Technology Co., Ltd. is constructing a production line for photoresist raw materials, with clear customers and stable connections; the project is expected to be operational by the end of June 2024 [3] - The subsidiary Jiaxian New Materials is set to complete a 15,000-ton annual production project for water-based liquid lubricants in Q2 2024, and a 42,600-ton annual production project for surfactants by the end of 2024, aiming for domestic market replacement of foreign products [4] Group 3: Growth Points for 2024 - Key growth points for Jiaxian in 2024 include the launch of new projects such as a 15,000-ton biodegradable materials functional additives project and a 10,000-ton diacid ester project, alongside capacity enhancements for a 3,000-ton phenyl ketone project [5] - Market recovery and previous technical improvements are also expected to contribute to growth [5] Group 4: Cost Reduction and Technical Innovation - The company is implementing over 20 measures for technical upgrades and cost reduction in 2024, including optimizing the SBM process and recovering exhaust gases to lower production costs [7] - The new factory occupies 183 acres, and the construction of supporting projects is already in place to further reduce existing overhead costs [6]