Lushan New Materials(SH:603051)2023-10-09 00:14Financial Performance - In the first half of 2023, the company achieved operating revenue of 1.459 billion CNY, a year-on-year increase of 1.33% [2] - The shipment volume of solar cell packaging adhesive film reached 99.5055 million square meters, up 74.53% year-on-year [2] - The shipment volume of functional polyolefin hot melt adhesive particles was 40,629.82 tons, an increase of 24.28% year-on-year [2] - The net profit attributable to the parent company was -67.0406 million CNY, a year-on-year decrease of 186.90% [3] Future Outlook - The company expects improved operating performance and profitability in the second half of 2023 due to increased production capacity and successful customer development [3] - The total shipment volume of adhesive films for the year is projected to be around 250 million square meters [3] Product Development - The company is focusing on the research and development of back-contact photovoltaic component (BC cell) packaging films, which are currently in the testing and certification phase [3] - OCA optical adhesive films are expected to achieve mass production in the second half of the year, with a complete product series and independent intellectual property rights [4] Market Strategy - The company aims to penetrate the billion-level OCA optical adhesive film market, targeting applications in OLED displays, flexible screens, and automotive sectors [4] - Future research will focus on green, high-performance functional polymer materials, with an emphasis on solar cell packaging films and new materials for various energy applications [4]