瑞丰新材(300910) - 瑞丰新材调研活动信息

Group 1: Company Transformation and Strategy - The company has shifted its focus from single agents to composite agents in its lubricant additive industry, aiming to become a significant global supplier [1] - By the end of 2020, the proportion of composite agents was still relatively low, despite a continuous increase in recent years [1] - The transition to composite agents is essential for enhancing the company's long-term development and market position [1] Group 2: Sales and Market Response - The sales of composite agents have significantly increased, and the coverage of domestic customers has improved [2] - The transition may incur short-term costs and impact the sales of single agents, but the company is capable of managing these costs [2] - The overall profitability of products is expected to remain stable despite market fluctuations [2] Group 3: Raw Material Supply and Pricing - In the first half of 2021, the company faced tight supply and price volatility of petrochemical raw materials due to recovering demand and high crude oil prices [2] - The company has taken measures to secure supply and optimize procurement channels to mitigate costs [2] - International shipping costs have doubled, prompting the company to adjust product prices accordingly [2] Group 4: Research and Development - The company has significantly increased its R&D investment in 2021, which has impacted current profits but is deemed worthwhile [3] - Successful testing of composite agents at the Southwest Research Institute (SwRI) marks a milestone in the company's R&D history [3] - The company plans to continue investing in R&D to achieve further technological breakthroughs [3]