GUOFENG(000859)2022-11-21 05:30Group 1: Company Overview and Product Applications - The company specializes in polyimide (PI) films, which are primarily used in various fields such as communications, consumer electronics, chips, flexible displays, and thin-film solar cells [2][3] - The current production capacity for PI films is 350 tons, with an additional 815 tons under construction [2] - The company's products have been adopted by mainstream brands in the smart phone and electronic device supply chains [2] Group 2: Research and Development Capabilities - Since 2016, the company has developed its own PI film formulations and production processes, achieving advanced levels in product uniformity and mechanical and electrical performance [3] - The company has applied for 53 patents related to PI films, including 42 invention patents and 11 utility model patents, with 11 patents granted [3] Group 3: Future Plans and Strategic Focus - The company aims to enhance its strategic transformation towards new materials, focusing on overcoming key bottlenecks in high-tech industries, particularly in the polyimide materials sector [3][4] - The company plans to increase its polyimide production capacity to rank among the top in the country and enter the global top tier during the 14th Five-Year Plan period [4] Group 4: BOPET and BOPP Film Business - The company is progressing well with a 32,000-ton BOPET project, which is currently in the equipment installation phase, targeting applications in packaging materials and electronic displays [4] - The BOPP/BOPET film business serves various sectors, including food, pharmaceuticals, and daily necessities, with a strong market reputation built over 20 years [4] Group 5: Wood-Plastic Composite Business - The wood-plastic composite materials are widely used in urban landscaping, outdoor facilities, and furniture, with a significant portion of overseas orders, minimizing the impact of the domestic real estate downturn [5] Group 6: New Energy Vehicle Components - The company is focusing on lightweight automotive components to meet the demands of the new energy vehicle industry, with a subsidiary supplying parts to Chery Automobile [5]