SOKAN(SH:688157)2023-11-28 10:38Group 1: Company Strategy and Innovation - The company adopts a "technology + innovation" dual-driven strategy to meet differentiated and personalized customer needs through product technology upgrades and application technology iterations [2] - Continuous tracking of international advanced functional coating technology dynamics to explore downstream market potential [3] - The adhesive business is a crucial part of the company's integrated product system, enhancing customer satisfaction and reducing compatibility risks [3] Group 2: Market Performance and Growth - In Q3 2023, the company's passenger vehicle business revenue grew by 23.25% year-on-year and 14.02% quarter-on-quarter, indicating steady development [3] - The company has established deep cooperation with numerous well-known consumer electronics brands, anticipating a new round of growth opportunities as market demand recovers [4] - The company has achieved significant breakthroughs in automotive interior and exterior coatings, establishing industry benchmarks with various applications [4] Group 3: Product Development and Applications - The company is currently working on both traditional upgrade projects and major strategic innovation projects, with all ongoing projects progressing as planned [3] - The company has successfully developed innovative coatings for various automotive components, marking a significant transition from interior to exterior applications [4] - The company is providing innovative coating solutions for major domestic and North American consumer electronics clients, enhancing its market presence [3]