Jolywood(SZ:300393)2022-12-04 08:44Group 1: Company Production and Capacity - The company's IPO fundraising project aims for an annual production capacity of 12 million and 16 million square meters of backsheet [3] - The designed production capacity for backsheets is 37.5 million square meters, with a cumulative shipment of over 80 million square meters in the first three quarters of 2017 [3] Group 2: Product Offerings and Market Strategy - The main product is FFC, but the company also sells K and T films to meet diverse customer needs and expand market share [3] - The company produces N-type batteries, which have advantages such as minimal light degradation, dual-sided power generation with front power around 22% and back power around 19%, and better performance in low-light conditions [4] Group 3: Corporate Governance and Shareholding - After the non-public offering, there will be no change in the actual controller of the company, as Lin Jianwei and Zhang Yuzheng are acting in concert [4] - Jiang Xiaowei, who is no longer employed by the company, has independent decision-making regarding any share reduction, and the company has not received any further notifications from him [4] Group 4: Inventory and Sales - The company does not have a specific inventory cycle for its battery products, adjusting safety stock standards based on production and sales conditions [5] - The export volume of backsheet products is relatively small, primarily focusing on domestic sales to large component manufacturers [5] Group 5: Future Industry Outlook - The photovoltaic industry is seen as promising, with the cost of clean energy nearing grid parity, and technological advancements expected to create greater development opportunities [6]