Group 1: Company Overview and Research Meeting - The company, Shenzhen Fuheng New Materials Co., Ltd., held an investor research meeting from October 12 to October 13, 2023, with four institutions participating [2] - The meeting was conducted on-site, with key personnel including Chairman Yao Xiuzhu and Secretary Gao Man present [2] Group 2: Industry Positioning and Product Strategy - The modified plastics industry has a low market concentration with diverse company focuses; Fuheng aims for a differentiated competitive strategy [3] - In 2022, the gross profit margin for modified engineering plastics reached 27.02%, while for polyolefins it was 26.01% [3] - The company targets high-end appliances, consumer electronics, lightweight automotive interiors, and lighting materials, enhancing its market share through continuous innovation [3] Group 3: R&D Progress on Special Engineering Plastics - The company is developing PEEK materials in collaboration with academic expert Qian Xigao, currently in the small-scale testing phase [4] - Modified PFA products have been successfully applied in semiconductor wafer support for Zhao Chi Co., meeting customer requirements [4] - The company is also selling modified PPS products in small batches to Fenda Technology [4] - Ongoing investments in R&D for high-temperature nylon and LCP to expand product offerings [4] Group 4: New Product Development in the New Energy Vehicle Sector - Since 2011, the company has been certified for automotive industry standards (TS16949) and has established a direct supply relationship with BYD [5] - Products supplied to BYD are used in their own brand of new energy vehicle components [5] - The company is actively exploring partnerships with other new energy vehicle clients, with some projects in certification or small batch trial production [5] - New technologies and products are being developed for battery modules and non-painting interior and exterior materials for new energy vehicles [5]
富恒新材(832469) - 关于接待机构投资者调研情况的公告