TINCI(SZ:002709)2022-12-07 08:44Group 1: Sales and Production Capacity - The company has seen significant growth in electrolyte sales, with production lines in Guangzhou, Dongguan, and Jiujiang being upgraded to meet future sales plans [3] - Current production capacity is sufficient to meet sales demand, with new production lines being constructed in Tianjin and Ningde [3] Group 2: Pricing and Market Trends - The sales price of the company's electrolytes is stable, while lithium hexafluorophosphate is used internally and not sold externally [3] - If the electric vehicle industry continues to grow rapidly, there may be supply-demand tensions in upstream lithium battery materials [3] Group 3: Personal Care Materials - The market for personal care materials is mature, with stable business development and significant sales growth in certain materials this year [3] - The company aims to expand its existing international multinational customer base and explore new markets [3] Group 4: Competitive Advantages - The company offers cost advantages and strong technical service capabilities in replacing existing products for clients [3] - It provides integrated, one-stop personal care formulation solutions to help clients manage product risks and reduce production costs [4] Group 5: Future Growth and Product Development - The personal care materials market in China is expected to grow faster than in developed countries, with plans to increase high-value materials in color cosmetics and creams [4] - The company is also looking to expand applications of existing products in industries such as petroleum, papermaking, and pesticide dispersants [4] Group 6: Strategic Acquisitions - Recent acquisitions of Zhongke Lixin and Zhangjiagang Jimute are aimed at enhancing the company's capabilities in high-temperature, high-pressure, and flame-retardant solvents or additives [4] - These acquisitions are aligned with the future needs of lithium battery materials for electric vehicles [4] Group 7: Stock Incentives and Inventory - The company believes it can achieve the stock incentive targets set for the next two to three years, based on positive industry and company growth outlooks [5] - The increase in inventory reported in Q3 is primarily due to the consolidation of Dongguan Kaixin and increased raw material stock due to higher sales [5]