PhiChem(SZ:300398)2023-09-11 12:56Group 1: Company Overview - Shanghai Feikai Materials Technology Co., Ltd. organized an investor relations activity to enhance communication with investors [2] - The event took place from September 7 to September 8, 2023, at Junlan Hotel (Anqing) and the Anqing production base [2] - Investors visited two subsidiaries: Anqing Feikai New Materials Co., Ltd. and Anhui Jingkai Electronic Materials Co., Ltd. [2] Group 2: Production Insights - The tour included visits to three production areas (A, B, C) at Anqing Feikai, focusing on the production of panel photoresists, functional wet chemicals, and fiber coatings [3] - At Anhui Jingkai, investors learned about four major workshops: OLED sublimation, OLED film, EMC, and mixed crystal workshops, highlighting the company's production, quality inspection, and testing processes [3] Group 3: Market Challenges and Strategies - The company faces challenges from product homogenization in the materials industry, which tests innovation capabilities [4] - To mitigate risks from homogenization, the company seeks opportunities in niche markets and develops differentiated product solutions for the same clients [4] Group 4: Growth Potential - The automotive interior coating market is competitive, but the company sees growth potential, especially in high-end passenger vehicle coatings [4] - The company focuses on self-production of liquid crystals based on cost and compatibility with existing technologies, opting to purchase low-cost or low-volume crystals [4] Group 5: R&D Focus - R&D efforts are concentrated on non-display applications of liquid crystals, advanced packaging materials, and automotive coatings [4] - The company is also expanding its product line in pharmaceutical intermediates, particularly in halogenated hydrocarbons [4] Group 6: Competitive Position - The company’s liquid crystal products are nearly on par with foreign competitors in mid-to-high-end applications, with domestic panel material penetration increasing from approximately 10% in 2017 to over 50% this year [5]