Cangzhou Mingzhu(SZ:002108)2022-12-08 03:06Production Goals - The company aims to produce and sell 380,000 square meters of separators in 2015, with a target of 105,000 tons for pipeline production and 32,000 tons for BOPA film production, including output from Chongqing Mingzhu [2] - The current production capacity for separators is 30 million square meters, with new investments expected to add approximately 5 million square meters of capacity in the fourth quarter [3] Separator Production Details - All current separator production is dry method, with one ton of separator equating to approximately 70,000 square meters [3] - The average price of separators has increased since early 2014, attributed to improved processes and higher quality, particularly for use in power batteries [4] - The company expects to achieve a production target of 38 million square meters for the year, with a focus on enhancing yield rates to meet this goal [3][4] Market Insights - The market for gas and water pipes is expected to grow steadily, with water pipes projected to increase in sales proportion due to enhanced production capacity [6] - BOPA film is primarily used in food packaging and is expected to see stable demand growth as living standards rise [6][7] Product Pricing - Wet method separators are slightly more expensive than dry method separators, with a price difference of approximately 1-2 yuan per square meter [4] - The average price of separators in the first half of 2015 is projected to reach around 4 yuan per square meter [5] Future Production Plans - The company plans to scale up production of wet method separators by mid-2016, with ongoing research into coating technology to diversify product offerings [5][6] - The company is also focused on entering mainstream supply chains for wet method separators, which are currently less common among domestic producers [4][5]