CGNNT(SZ:000881)2022-12-06 07:31Group 1: Company Overview - China General Nuclear Power Technology Development Co., Ltd. is a leading supplier of industrial electron accelerators, with over 200 units produced and sold domestically, and 18 units sold internationally, achieving a domestic market share of over 70% in the export of industrial electron accelerators [3][4]. Group 2: Business Segments - The company operates the largest electron accelerator irradiation processing service in China, with 9 irradiation processing centers and 41 accelerators in operation, totaling a power of 3700 kW [3][4]. - Approximately 50% of medical devices globally utilize radiation sterilization, while only about 10% of medical devices in China use this method, indicating significant growth potential in the domestic market [4]. Group 3: Technological Advancements - The company has developed electronic accelerators for radiation curing, with the global market for radiation curing production lines growing at a rate of 12% annually, reaching over 800 lines by 2007 [5][6]. - The company has successfully developed electronic accelerators for tire pre-sulfurization, with a market space estimated at around 1 billion yuan [5][6]. Group 4: Market Potential - The domestic cable material market is estimated to be between 600-800 billion yuan, while the engineering plastics market is around 1 trillion yuan, with an industry growth rate of approximately 7% [7]. - The company aims to enter the biomedical polymer materials sector, targeting high-end markets for artificial bones and blood vessels, as well as mid-range medical devices [7].