天洋新材(603330) - 2022年06月13日投资者关系活动记录表

Business Performance - The company achieved a sales growth rate of 66% in 2021 for its wall fabric business [4] - The overall revenue growth for the company was 52.74% in 2021, with a further 41.84% growth in Q1 2022 [11] - The customer satisfaction rate is leading in the industry, attributed to high-quality products and services [4] Market Position and Strategy - The company aims to maintain a growth rate of over 50% annually, focusing on the renovation market as a new growth area [2] - The company has become one of the largest producers of PA and PES hot melt adhesives in China, with a comprehensive range of eco-friendly adhesive products [2] - The company is actively expanding its production capacity in the photovoltaic (PV) sector, with plans to complete 14 new production lines by the end of 2022, increasing capacity by approximately 100 million square meters [7] Product Innovation - The company has developed a unique four-layer structure wall fabric that is patented for its environmental technology, distinguishing it from competitors [3] - The hot melt membrane wall fabric does not require glue, allowing for easy installation and addressing common issues such as odor and harmful emissions [3] - The company holds a total of 132 national patents, including 111 invention patents, showcasing its commitment to innovation [2] Financial Management - The accounts receivable turnover rate improved from 3.33 in 2020 to 4.04 in 2021, indicating better cash flow management [11] - The company reduced long-term accounts receivable from 10.81 million yuan in 2020 to 6.2951 million yuan in 2021, with short-term accounts receivable increasing to 97.90% of total receivables [11] - The asset-liability ratio was maintained at a reasonable level, with 35.99% in 2021 and 39.91% in Q1 2022 [11] Challenges and Responses - The COVID-19 pandemic impacted the wall fabric business, but the company adapted by enhancing online marketing and customer support [4] - The company faced challenges with raw material price fluctuations, which affected profit margins, but it has implemented strategies to manage inventory and costs effectively [10] - The company is focusing on domestic suppliers to mitigate risks associated with international supply chains [9]