天原股份(002386) - 天原股份调研活动信息

Group 1: Project Operations and Sales - The first phase of the chlorination titanium dioxide project is operating well, with the second phase currently in debugging [3] - Domestic sales of chlorination titanium dioxide account for 65% of total production, while exports make up 35% [3] - A high-titanium slag project with an annual capacity of 75,000 tons is under construction, aiming for a self-sufficiency rate of 70% for titanium dioxide production [3] Group 2: Energy Efficiency and Environmental Policies - The company has been recognized as a benchmark for energy efficiency in polyvinyl chloride (PVC) and caustic soda, maintaining a leading position in energy consumption [3] - Initiatives include the creation of a "dual carbon" team to monitor national policies and prepare for environmental changes [3] - The company is transitioning towards green and clean industries, with a focus on energy conservation and environmental protection [3] Group 3: Production Capacity and Future Planning - The mid-term planning for ternary cathode materials has been increased from 100,000 tons to 150,000 tons [3] - Current expansion of 10,000 tons is in debugging, with an expected capacity of 30,000 tons by the end of the year; the remaining 120,000 tons will be constructed during the 14th Five-Year Plan [3] Group 4: Employee Incentives and Corporate Reforms - The company emphasizes the establishment of long-term mechanisms, including equity incentives, and is actively pursuing related reforms [4] - As a technology-driven enterprise, the company is part of the "Tianfu State-owned Enterprise Comprehensive Reform Action" and is advancing employee stock ownership plans [4]