宝丽迪(300905) - 宝丽迪调研活动信息

Group 1: Company Performance - The company achieved a net profit growth of 99.89% year-on-year in Q1 2021, with a stable overall growth in the first half of the year [2] - The target for 2021 is to achieve a revenue of 888 million CNY and a net profit of 88 million CNY, based on market expectations and past performance [2] - The company’s performance is influenced by market conditions and national industry policies, indicating significant uncertainty in profit forecasts [2] Group 2: Market Dynamics - China accounts for approximately 70% of global chemical fiber production, leading to concentrated demand for fiber masterbatches in the domestic market [3] - The competition in the fiber masterbatch market is characterized by strong regional features, primarily concentrated in the Jiangsu and Zhejiang provinces [3] - The company is exploring applications of masterbatches in other fields, such as automotive injection molding and PET films, while focusing on customer needs [3] Group 3: Pricing and Production - Fiber masterbatches are categorized into black, color, and functional masterbatches, with pricing based on production costs and customer requirements [3] - The company’s fundraising project for new R&D and production of masterbatches is in the acceptance phase, with trial production expected to start in Q4 2021 [3] - The typical addition ratio of fiber masterbatches in fiber production ranges from 2% to 3%, depending on the product's color and functional requirements [4] Group 4: International Expansion - The company plans to establish a holding subsidiary in Gaziantep, Turkey, to tap into the growing local fiber market driven by the carpet industry [4] - Collaboration with local expert İbrahim Halil Kara is intended to facilitate market entry and business development in Gaziantep [4]