Senior(SZ:300568)2023-11-15 11:37Group 1: Company Overview - The company is Shenzhen Xingyuan Material Technology Co., Ltd., with stock code 300568 and abbreviation Xingyuan Material [1]. - The chairman and general manager is Mr. Chen Xiufeng, and the financial director is Mr. Wang Changhong [2]. Group 2: Research and Development - In the first half of 2023, the company's R&D investment was 114 million CNY, a year-on-year increase of 59.64% [2]. - In the third quarter of 2023, R&D expenses reached 176 million CNY, a year-on-year increase of 47.90% [2]. - The company is focusing on developing hydrogen energy-related technologies and products, including hydrogen membrane materials [2][3]. Group 3: Market Position and Clientele - The company has established a strong brand image and has a solid customer base, including major clients like CATL, BYD, and LG Chem [3]. - The company is collaborating with renowned automotive manufacturers such as Mercedes-Benz, BMW, and Toyota [3]. Group 4: Production Capacity and Global Expansion - The company is expanding its production capacity in various locations, including Nantong, Foshan, Europe, and ASEAN [4]. - The company aims to enhance its global market share by strengthening relationships with international lithium-ion battery manufacturers [4]. Group 5: Financial Performance - For the first three quarters of 2023, the company achieved a revenue of 2.211 billion CNY, a year-on-year growth of 5.64% [4]. - The net profit attributable to shareholders was 668 million CNY, reflecting a year-on-year increase of 13.56% [4].