TRUCHUM(SZ:002171)2022-12-06 08:42Company Overview - Chujiang New Materials has become a leading enterprise in the copper-based strip and wire industry since its listing on the Shenzhen Stock Exchange in 2007, leveraging its technological and market advantages [1] - In 2014, the company enhanced its market share and operational capabilities by injecting all operating assets from its controlling shareholder into the listed company [1] - The company specializes in copper alloy materials and has seen a steady increase in its share of emerging industries [1] Business Development - The company’s main products include copper strips, rods, electrical materials, and steel strips, widely used in power electronics, automotive, and rail transportation sectors [1] - In 2015, the company successfully acquired 100% of Hunan Dingli Technology Co., Ltd., further expanding its business into high-end thermal equipment technology development and production [2] Financial Performance - In 2015, the company achieved sales of copper and steel products totaling 411,200 tons, an increase of 11.28% year-on-year [3] - The company reported operating revenue of CNY 801,122.30 million, a decrease of 2.57% compared to the previous year [3] - Net profit attributable to shareholders was CNY 70,449.20 million, reflecting a growth of 34.45% year-on-year [3] Strategic Direction - The future development strategy emphasizes unwavering commitment to core industries, rapid product upgrades, and innovation in emerging sectors [2] - The company aims to become a leader in resource-saving new materials, focusing on national defense, high-end equipment, and electronic information [2] Collaboration with Dingli Technology - The partnership between Chujiang New Materials and Dingli Technology is characterized by complementary advantages and good synergy [3] - This collaboration is expected to promote the dual-driven development strategy of "basic materials + new materials" [3] Technological Advancements - Dingli Technology's core competitive advantages include a strong R&D team, advanced material processing technologies, and comprehensive marketing services [4] - The company is involved in the development of high-performance lithium battery anode material production lines, with a total investment of CNY 30,000 million planned for 2016 [4]