shenjian gufen(SZ:002361)2022-12-06 08:31Group 1: Company Overview - The company, Anhui Shenjian New Materials Co., Ltd., specializes in chemical new materials, particularly polyester resins, which are divided into outdoor and mixed types [2][3]. - In 2015, the company's polyester resin sales reached 111,000 tons, capturing approximately 25% of the domestic market share, making it a leader in the industry [3]. Group 2: Product Applications - Outdoor-type polyester resins are primarily used in outdoor metal equipment, including home appliances, building materials, automobiles, agricultural machinery, engineering machinery, and highway guardrails, known for their corrosion resistance and aging resistance [3]. - Mixed-type polyester resins are mainly applied to indoor metal surfaces, such as home appliances and electronic products, offering excellent leveling and decorative performance [3]. Group 3: Strategic Development - The company acquired Xi'an Jiaye Company to enhance its capabilities in the aerospace and military equipment manufacturing sectors, recognizing the potential of Jiaye's existing management team and corporate culture [3]. - Future plans involve developing a dual-driven model combining the existing chemical new materials industry with aerospace and military equipment manufacturing, aiming to solidify the industrial chain and establish a sustainable dual-business development model [3]. Group 4: Industry Outlook - The chemical new materials industry faces intense competition, but the company has maintained steady growth in recent years, with expectations for further market consolidation during the 13th Five-Year Plan period [4]. - Despite fluctuations in the economic environment and raw material prices, the company anticipates a steady growth trend in gross profit margin for the year [3].