Company Overview - Hangzhou Heshun Technology Co., Ltd. was established in 2003, focusing on the R&D, production, and sales of differentiated, functional biaxially oriented polyester (BOPET) films [1] - The company produces various specifications and models of polyester film products, including colored optoelectronic base films, other functional films, and transparent films [1] - Future plans include expanding product lines to include window films, solar backsheet films, flame-retardant films, and specialized films for battery cells, while continuing exploration in new materials [1][2] Carbon Fiber Project - The company held a shareholder meeting on November 27, 2023, to approve the establishment of a holding subsidiary for carbon fiber technology [2] - The subsidiary, Hangzhou Hexing Carbon Fiber Technology Co., Ltd., completed its business registration on December 12, 2023 [2] - The carbon fiber project aims to explore high-performance graphite fiber, addressing the current market's high prices and limited competition [2][3] Revenue Recognition and Market Dynamics - The company's main product, colored optoelectronic base films, has a seasonal revenue distribution influenced by downstream consumer electronics, particularly during holidays like Thanksgiving and Christmas [2] - The diverse product structure, including other functional films and transparent films, helps stabilize revenue distribution across various sectors such as automotive and photovoltaics [2] Capital Expenditure Planning - Capital expenditures for the carbon fiber project will be arranged based on development plans, annual budgets, and actual business needs [3] - Funding will be sourced through self-funding, bank project loans, and operational cash flow, ensuring the company's operational and debt repayment capabilities are maintained [3]
和顺科技(301237) - 2023年12月20日和顺科技投资者关系活动记录表