ATLANTIC(SH:600558)2023-11-30 07:52Group 1: Company Overview and Strategy - The company aims to enhance its comprehensive competitive strength and focus on the welding materials core business [1] - Future development will emphasize high-quality growth, driven by reform and innovation, targeting industries such as hydrogen energy, photovoltaics, nuclear energy, and high-parameter coal-fired power generation [1] Group 2: Market Position and Product Development - The market share for ordinary welding materials is approximately 9%, while the market share for special welding materials is about 16% [1] - In 2022, China's welding material imports were around $2.88 billion [1] Group 3: Production Capacity and Financials - The current annual production capacity is approximately 600,000 tons, with no capital expenditure plans at this time [2] - The gross profit margin for ordinary welding materials is about 10%, while for special welding materials, it is around 15% [2] Group 4: Material Usage in Specific Industries - The special welding material usage for a single nuclear power unit is approximately 400 tons, with total usage nearing 1,000 tons when including on-site installation [2] - For a single GW offshore wind construction, the required special welding material is about 500 tons [2]