KDXC(SZ:002669)2022-12-06 23:42Group 1: Company Overview and Products - Shanghai Kanda Chemical New Materials Co., Ltd. specializes in polyimide products, particularly polyimide foam materials, which are lightweight, non-flammable, and have low smoke density and sound absorption properties [2] - The primary application of polyimide foam materials is in shipbuilding, with a sales contract signed on January 4, 2016, with Dayang New Materials amounting to CNY 6.4616 million [2] - The company anticipates related transactions with Dayang New Materials not exceeding CNY 25.5 million in 2016 [2] Group 2: Market Trends and Development - The company is exploring applications in other military fields, with potential future applications in aerospace, although cost reduction is necessary to compete with cheaper insulation materials for civilian use [2] - The trend in the packaging industry is shifting towards solvent-free polyurethane composite adhesives, which the company was among the first to develop and sell in China [3] - The company is actively training existing customers who use solvent-based adhesives to gradually expand its market share, emphasizing the environmental advantages and lower overall costs of solvent-free options [3] Group 3: Financial and Regulatory Updates - There are currently no proposals for a mid-term stock transfer [3] - On June 15, 2016, the company publicly disclosed its response to feedback regarding its non-public stock issuance application and submitted the necessary documents to the China Securities Regulatory Commission [3]