NAR(SZ:002825)2022-11-21 16:14Group 1: Company Overview - Shanghai NAR Industrial Co., Ltd. focuses on the research and development of eco-friendly water-based inks, with subsidiaries in Dongguan, Zhuhai, Hong Kong, and the USA [2][3]. - The company has established long-term collaborations with domestic and international research institutions, positioning itself as the first drafter of industry standards in the digital ink sector [2][4]. Group 2: Market Growth and Demand - The digital ink market is expected to maintain rapid growth due to increasing personalized and small-batch customization demands, particularly among younger demographics [3]. - The company has achieved significant breakthroughs in technology research, manufacturing processes, and market expansion since its partnership with NAR in 2019 [2][4]. Group 3: Product Classification and Applications - Ink products can be categorized based on printing methods (e.g., thermal transfer and direct spray), colorants (e.g., disperse, reactive, acid inks), and solvents (e.g., water-based, weak solvent inks) [3]. - Specific applications include thermal transfer inks for polyester and synthetic materials, reactive inks for cotton and linen, and UV inks for various substrates [3]. Group 4: Competitive Advantages - The company has developed nearly a thousand segmented products tailored to different customer needs and application scenarios [4]. - Key technological breakthroughs in raw materials have enhanced supply chain security and provided cost advantages over foreign competitors [4]. Group 5: Strategic Focus - The company prioritizes the development of high-quality, environmentally friendly ink products and does not plan to integrate printing equipment into its strategic development [4]. - The focus remains on ink product development and breakthroughs in key raw materials, as the ink and equipment sectors are distinct and involve sensitive information [4].