Senior(SZ:300568)2022-12-05 00:56Group 1: Company Performance - The company's performance in the first half of the year declined primarily due to policy impacts and reduced demand from downstream battery manufacturers for battery separator products [3] - The shipment volume in the first quarter was lower than the same period last year, and product selling prices experienced a certain degree of decline [3] - R&D expenditures increased significantly year-on-year as the company proactively adjusted product processes and specifications in response to technological advancements and market demand changes [3] Group 2: Product and Technology - The wet coating separator is more suitable for high energy density ternary materials, which are increasingly adopted by battery manufacturers due to national policy requirements [3] - Cost reduction is achievable through cost control, improved internal management, and continuous R&D investment, leading to increased product yield and lower unit costs [3] - The company is expanding into other functional membrane areas through investments in EnTai Environmental, focusing on reverse osmosis and nanofiltration membrane design, R&D, and production [4] Group 3: Production Capacity and Market Strategy - Actual production capacity may fluctuate by up to 20% compared to design capacity due to variations in customer product specifications and downtime [4] - The main line equipment for the Changzhou project is sourced from Germany, chosen for its higher precision and customized to the company's process technology advantages [4] - The overseas market will be a key focus for the company's future market layout [4]