DAOMING(SZ:002632)2022-12-08 09:18Group 1: Production Capacity and Project Changes - The company has adjusted its annual production capacity from 15 million square meters of functional film to 30 million square meters, including 10 million square meters of lithium battery soft packaging film and 5 million square meters of high-performance optical films [1][2]. - The lithium battery packaging film capacity has increased by 10 million square meters, and the micro-prism reflective film capacity has increased by 5 million square meters [2]. Group 2: Strategic Development Goals - The main purpose of the company's current issuance project is to transition from a single reflective material production enterprise to a comprehensive functional film materials enterprise, focusing on lithium battery soft packaging films, micro-prism reflective films, and high-performance optical films [2]. - The company aims to break international monopolies and seize market opportunities through timely industrialization, which will enhance its market position and competitiveness [2]. Group 3: Technical Advantages and Market Applications - Lithium-ion batteries are widely used in various applications, including mobile phones and electric vehicles, with increasing demand expected due to rapid growth in the electronics and renewable energy sectors [2]. - The company has developed core technologies for producing micro-prism optical films, which are essential components in backlight modules for LCD screens, enhancing brightness and energy efficiency [2][3]. Group 4: Financial Projections and Investment Details - The total investment for the new project is approximately 529.66 million RMB, with fixed asset investment of 369.79 million RMB, land use rights investment of 49.87 million RMB, and working capital of 110 million RMB [3]. - Upon reaching full production, the project is expected to generate an annual revenue increase of approximately 1,068.38 million RMB and a net profit of about 202.82 million RMB, with a post-tax internal rate of return of 26.86% and a payback period of 5.63 years [3].