TRUCHUM(SZ:002171)2022-11-22 03:10Group 1: Company Performance Overview - In 2020, the company experienced steady sales growth, with sales revenue significantly increasing, but net profit declined due to falling copper prices and inventory impairment [2] - The first quarter of 2021 showed a recovery in all business segments, with revenue and net profit experiencing substantial year-on-year growth [2] - The military new materials segment's profit share has been steadily increasing [2] Group 2: 2021 Business Plan - The company plans to achieve a sales volume of 783,000 tons in metal materials R&D and manufacturing, with projected revenue of CNY 27.65 billion [3] - The expected total revenue for 2021 is CNY 28.4 billion, with a total profit of CNY 755 million and a net profit attributable to the parent company of CNY 605 million [3] Group 3: Project Development - The construction of the Jiangsu Tianbird's carbon brake preform technology renovation project and carbon fiber thermal field preform industrialization project is progressing steadily, with about 65% completion by the end of 2020, and expected to be operational in 2021 [3] - The subsidiary Xinhai Gaodao has rapidly developed products mainly used in automotive wiring harnesses, photovoltaic welding strips, connectors, medical electronic copper conductor materials, and 5G mobile base station product materials [3]