Miracll(SZ:300848)2022-11-21 05:28Group 1: Company Overview - The company is named Meirui New Materials Co., Ltd. with stock code 300848 [1] - The investor relations activity took place on January 17, 2022, from 13:30 to 14:30 [2] Group 2: Product and Technology - The company has developed its own PBS production technology, which is considered a trade secret [3] - Meirui is the first domestic company to achieve localization of key TPU production equipment, significantly reducing reliance on imported equipment and costs [3] Group 3: Project Updates - The polyurethane new materials industrial park project in Hebi, Henan, is being implemented by Meirui Technology (Henan) Co., Ltd., with land acquisition completed and preliminary project approvals underway [2] - The project will primarily focus on producing polyurethane new materials and aims to develop a complete industrial chain for polyurethane production [2] Group 4: Financial Aspects - The company has a significant amount of accounts payable due to payment terms established in procurement contracts with raw material suppliers [3]