道明光学(002632) - 2018年9月4日投资者关系活动记录表

Group 1: Prism Film Analysis - The utilization rate of prism reflective film increased in the first half of 2018, with an average sales price dropping from £68/sqm in 2017 to £57/sqm in 2018 [2] - Sales volume of prism reflective film reached 136,450 sqm, generating revenue of £77.2853 million [2] - The company's products are approximately 15%-20% cheaper than those of 3M, providing a competitive advantage [2] Group 2: License Plate Film Overview - The company secured contracts for 100 million semi-finished license plates in Guangdong and over £15 million in Shandong for 2018 [2] - License plate film holds a market share of about 20% in China, with expectations for significant growth due to increasing market demand [2] - An estimated 30 million new vehicles will require 6 million sqm of license plate film annually, indicating a substantial market opportunity [2] Group 3: Reflective Fabric Performance - Reflective fabric revenue reached £68.15 million in the first half of 2018, a year-on-year increase of 11.24% [3] - Reflective clothing revenue was £43.87 million, growing by 37.47% compared to the previous year [3] - The growth was hindered by a downturn in commercial vehicle demand and expansion efforts in surrounding cities [3] Group 4: Huawai Performance Analysis - Huawai New Materials reported total revenue of £141.63 million, with a net profit of £15.07 million, showing growth from the previous year [3] - The main product, light-enhancing film, generated £10.23 million, a 26.44% increase year-on-year [3] Group 5: Investment in Black Diamond Technology - The investment aims to leverage Black Diamond's established customer base in Nigeria to expand the company's reflective materials business in Africa [4] - The company plans to enhance its software systems and payment solutions through this investment [4] Group 6: Q3 Performance Forecast - The company expects a year-on-year growth of 90%-140% for the first nine months of 2018, driven by market expansion in license plate films and reflective materials [4] - The integration of Huawai New Materials into the company’s financials is anticipated to contribute positively to overall performance [4]