KDXC(SZ:002669)2022-12-08 02:16Group 1: Company Overview - Shanghai Kanda Chemical New Materials Co., Ltd. focuses on adhesive products across various sectors including wind power, photovoltaic, and composite packaging [1] - The company’s sales structure is divided into several major divisions: general adhesives, wind power, composites, photovoltaics, and military applications [1] Group 2: Market Position and Performance - The market share of Kanda's epoxy structural adhesives for wind turbine blades is approximately 68%-70% [1] - In 2014, the domestic installed capacity of wind power accelerated due to policy adjustments, with an expected addition of 100 million kilowatts during the 13th Five-Year Plan, averaging 20 million kilowatts annually [2] Group 3: Product Development and Innovations - Kanda's solvent-free composite adhesives are rapidly replacing traditional solvent-based adhesives, with a market share of about 20% in the solvent-free composite adhesive sector [2] - The company is developing adhesive solutions for carbon fiber composite materials for aviation, a project recognized by the Shanghai Science and Technology Commission [3] Group 4: Competitive Landscape - Major competitors in the wind power sector include U.S. companies such as Cytec and Dow Chemical [2] - Kanda emphasizes high-quality customer service and has established a dedicated wind power division for emergency support [2]