Brother Enterprises (SZ:002562)2022-12-08 05:16Group 1: Vitamin B1 Overview - Vitamin B1 is primarily used in feed, food, and pharmaceutical industries, with a global demand of approximately 7,500-8,000 tons [2] - The company is currently in a phase of halting external quotations for Vitamin B1 [2] Group 2: Vitamin K3 Overview - The company is the largest global producer of Vitamin K3, with a production capacity of 3,000 tons [3] - The production facility is equipped with the most advanced technology, maintaining top-tier product yield, quality, and waste discharge levels [3] - The combined gross profit margin for Vitamin K3 and chromium tanning agents has improved compared to the same period last year [3] Group 3: Vitamin B3 Overview - The global market capacity for Vitamin B3 is estimated at 50,000-60,000 tons, with the company ranking among the top four in market share [3] - Raw material prices for Vitamin B3 have decreased compared to last year, while product prices have seen a slight increase, leading to improved gross margins due to economies of scale [3] Group 4: Leather Chemicals Project Overview - The company's leather additives are non-standard products with a wide variety and significant market potential, providing stable profits [3] - The domestic market for mid-to-high-end leather additives is largely reliant on imports [3] Group 5: Jiangxi Industrial Park Future Planning - The first phase of the Jiangxi project is planned for 800 acres, focusing on projects related to the company's main business or with similar customer bases [3] - The company has sufficient project reserves, but specific details are not disclosed and will be announced in future communications [3]