CAPCHEM(SZ:300037)2022-12-04 10:16Group 1: Company Overview - Shenzhen Xinzhou Bang Technology Co., Ltd. is involved in the production and sales of high-performance fluorinated materials and fine chemicals [2][3]. - The company has a diversified development strategy focusing on electronic chemicals and functional materials [3][4]. Group 2: Project Progress - The Haidefu high-performance fluorinated materials project has received investment filing and environmental assessment approval, currently in the foundation construction phase [3]. - The Huizhou Zhaobang Phase III project is in the civil construction and equipment installation stage, having also received necessary approvals [3]. - The Jingmen lithium battery materials and semiconductor chemicals project is in the pile foundation construction phase, with investment filing and environmental assessment approval obtained [3]. Group 3: Fundraising and Stock Issuance - The company’s application for a non-public issuance of A-shares has been approved by the China Securities Regulatory Commission, with plans to issue shares upon receiving formal approval documents [3]. Group 4: Product Information - The main products of the Haidefu high-performance fluorinated materials project include tetrafluoroethylene, hexafluoropropylene, and polytetrafluoroethylene, with a total production capacity of 10,000 tons [3]. - The company’s electrolyte for lithium-ion batteries accounted for approximately 60% of the total usage in the first three quarters [4]. Group 5: Market and Financial Performance - The price and gross margin of lithium-ion battery electrolytes remained stable in the third quarter compared to the first half of the year [4]. - The company has maintained stable growth in performance since its restructuring and acquisition, enhancing profitability and market competitiveness [3][4].