BBJX(BJ:430489)2023-11-08 11:48Group 1: Cost Reduction Strategies - The company has achieved a cost reduction of approximately 2,500 CNY/ton for in-house production of phenethyl ketone and 2,000 CNY/ton for SBM process optimization [3] - In a weak consumption market, the company plans to pass on the cost reduction benefits to maintain market share, with expectations of better performance as the market improves [3] Group 2: Market Position and Environmental Compliance - Lead salt thermal stabilizers currently hold about 34% of the market share, indicating significant potential for the company's environmentally friendly PVC thermal stabilizers to replace them [4] - The company has increased investments in safety and environmental compliance due to stricter regulations, positioning these aspects as key advantages [4] Group 3: New Facility and Investment - The new facility spans over 180 acres with a total fixed asset investment of approximately 450 million CNY, featuring production lines for various products including 7,000 tons of DBM and 3,000 tons of SBM annually [4] - The first phase of the biodegradable materials functional additives project, with an annual capacity of 18,000 tons, is expected to generate benefits starting in 2024 [4] Group 4: Ongoing Projects - The company is actively constructing projects under its subsidiaries, including Anhui Jiaxian New Materials Technology Co., Ltd. and Anhui Yingtemei Technology Co., Ltd., while also planning new projects to create additional growth points [4]