海利得(002206) - 2019年8月26日投资者关系活动记录表

Group 1: Impact of Trade War - The curtain fabric segment is significantly affected by the trade war, but the semi-annual performance still shows slight growth compared to the same period last year due to proactive measures such as early shipments and market expansion [1] - Sales of curtain fabric products in the U.S. market have decreased significantly, yet overall sales have slightly increased year-on-year [1] Group 2: Industrial Yarn Performance - The performance of polyester industrial yarn has declined due to a significant drop in gross margins for ordinary yarn, as the industry is currently in a downturn [2] - The company is accelerating the construction of its Vietnam factory and enhancing market development to prepare for capacity digestion after production starts, with some capacity expected to be operational in the first half of next year [2] Group 3: Stone Plastic Flooring - The performance of stone plastic flooring remains pessimistic, primarily due to decreased sales in the U.S. market caused by the trade war; however, flooring sales account for only about 6% of total sales, thus having a minimal impact on overall profitability [2] - The global flooring market has significant potential, and the company is actively exploring domestic and other markets [2] Group 4: Financial Expenses - The increase in financial expenses is mainly due to the need for investment in the Vietnam project, resulting in higher bank loan interest expenses [2]