确成股份(605183) - 投资者关系活动记录表

Group 1: Company Overview and Market Position - The company specializes in high-dispersion silica, which is primarily customized based on client specifications, with only a few companies globally mastering the core manufacturing technology [1] - Major competitors in the international market include Evonik, PPG, and Solvay, with significant market shares held by these companies [1] - The company has a high customer retention rate, with international clients typically engaging in long-term contracts [1] Group 2: Production Capacity and Utilization - The company has a total production capacity of 75,000 tons, distributed across several production bases, including Wuxi, Anhui, Thailand, and Fujian [1] - The capacity utilization rate is relatively low, particularly in the Thailand factory due to delays in customer inspections caused by the pandemic [1] - The company anticipates a significant increase in production capacity in Thailand as pandemic restrictions ease [2] Group 3: Impact of Commodity Prices - The company's products are not directly linked to crude oil prices, but rising energy costs due to natural gas price fluctuations may impact overall costs [2] - The company has a diversified energy composition, which helps manage energy cost fluctuations [2] Group 4: Future Development Strategy - The company plans to implement fundraising projects to expand production capacity and achieve self-sufficiency in raw materials [3] - There is a focus on global expansion, with the Thailand subsidiary serving as a model for future overseas investments [3] - The company aims to develop high-value-added products and enter new application fields, breaking the technological monopoly of foreign chemical companies [3] Group 5: Thailand Factory Investment and Profitability - The first phase of the Thailand factory, which produces high-dispersion silica, had an investment of $45 million, with future investments expected to be lower [3] - The operational costs in Thailand are more stable compared to domestic costs, providing a competitive advantage [3] - The company is preparing for the second phase of the Thailand factory based on the gradual release of production capacity and increasing customer demand [3]