Record of Investor Relations Activities on September 22, 2023
Time：2023-09-22 16:12
| Stock code: 002886 | Stock abbreviation: WOTE |
Record Form of Investor Relations Activities of Shenzhen WOTE Advanced Materials Co.,Ltd.
NO.: 2023-05
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Category of Investor Relations Activities
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□ Subject-specific research □ analyst meetings □ Media interviews ☑ and performance briefings □ Press Conference □ Roadshow Events □ Site visits □ Miscellaneous |
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Name of participating unit and name of personnel |
Internet investors |
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Time |
September 22, 2023 (Friday) 15:00-17:00 p.m |
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place |
The company held a performance briefing through the "Investor Relations Interactive Platform" (https://ir.p5w.net) of Panorama Network in a remote manner |
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The name of the reception staff of the listed company |
Director and General Manager: He Zheng Independent Director: Wang Wenguang Secretary of the Board of Directors and Deputy General Manager: Zhang Liang Financial Leader: Chen Yu |
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Introduction to the main content of investor relations activities
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Questions raised by investors and responses from the company The company replied to the questions raised by investors in this briefing: 1. What is the specific aspect of your company's LCP material to be used in robots in the future, and what is the application prospect, thank you. Hello! The company's LCP, PPS, special nylon, modified engineering plastics and other products can be used for robot motor electronic control, connectors and body structure parts and other components. Thank you! 2. Please ask whether your company's CPO optical module material solution has been applied, thank you. Hello! At present, the company recommends special polymer material solutions to customers, which can effectively improve the dimensional stability of optical module products under the working conditions. Other comprehensive performance tests are in progress. Thank you! 3. Previously, it was introduced on the interactive platform that the Vietnam factory is expected to be put into operation in the third quarter, and now it has started production Hello! The Vietnam plant is in the process of finishing the acceptance work, and will be put into operation after the acceptance is completed. Thank you! 4. Does your company have any materials used in intelligent driving, and how competitive is it? Thank you! Hello! The company's material products have been mass-produced for smart car on-board positioning antennas and HUD head-up displays. The company is also actively increasing the development and marketing of various automotive intelligent related materials. For the company's core competitiveness, please refer to the relevant chapters of the company's semi-annual report "Core Competitiveness Analysis". Thank you! 5. Can your company's LCP be used in 6G technology, and what is the progress of the company's 6G technology project? Hello! In response to the future needs of the 6G industry, the company has carried out pre-research work with customers on a new generation of high-frequency communication materials. At present, 6G-related materials have not yet formed mass products. Thank you! 6. According to the company's statements, the company's LCP material capacity utilization rate is not high in the first half of the year, and the company will continue to expand LCP production capacity after the successful additional issuance in the second half of the year. Hello! The "20,000 tons/year/ liquid crystal polymer (LCP) modified material production capacity" in the company's private placement investment project is the company's 20,000 tons/year LCP synthetic resin project invested and constructed with its own funds in 2022Downstream production of LCP synthetic resins. After completion, it will be more conducive to the gradual release of the company's upstream and downstream product synergy and large-scale benefits, and the further improvement of product market competitiveness. Thank you! 7. I don't know if we can keep up with the pace of major customers after the localization of raw materials? Have you been squeezed into space by your peers? How long will it take to return to the domestic market share at its peak? Hello! Up to now, the supply problem of biquinone (BP) raw materials, the company's LCP raw materials, has been solved, and with the commissioning of more new bihydroquinone (BP) production capacity at home and abroad and the gradual release of production capacity, the company's LCP will return to the stage of benign development. Thank you! 8. Now only Apple mobile phones use LCP antennas, can we have the strength to make LCP antennas? Can our LCP still be at the injection molding level? Hello! The company's research on LCP film has covered film resins, film preparation, monolayer and multilayer board preparation, etc. According to the different film-forming processes of downstream customers, the company has successively developed a variety of film-grade resins suitable for coating and biaxially oriented processes. Thank you! 9. Hello Mr. He, how is the progress of the Chongqing project? Hello! LCP project of Chongqing base has completed the installation of equipment. Thank you! 10. Why has the BP problem of neck pinching materials been solved, and the performance in the second quarter is still less than expected, and whether it will improve in the third quarter, thank you. Hello! Please pay attention to the company's follow-up announcements on the third quarter. Thank you! 11. Hello, the stock price continues to be sluggish, does the company have a repurchase plan? Hello! If the company is involved in repurchase and other related plans, it will fulfill its disclosure obligations in a timely manner in accordance with the provisions of information disclosure. Thank you! 12. Has the fixed increase project been implemented, and the progress is introduced, thank you. Hello! The private placement project is currently being carried out smoothly, please pay attention to the company's follow-up announcement for specific progress. Thank you! 13. It is rumored that your company's LCP material is used in mate60 and m7 Wenjie cars, please ask if it is true, thank you. Hello! As a material supplier, the company has developed some material solutions for the suppliers of the above products and has been recognized. The specific usage depends on the specific situation of the downstream customer. Thank you! 14. Your company's LCP revenue in the first half of the year has declined year-on-year and month-on-month, is it due to insufficient orders or limited raw material BP, or both? According to your company, LCP materials are widely used in the fields of communication and new energy vehicles that are currently being vigorously developed in China, but the revenue of your business in the first half of this year did not increase but decreased, which is puzzling. Nearly halfway through the second half of the year, I wonder if there is a significant improvement in LCP business revenue? I hope that Mr. He will make some introductions to the majority of investors, thank you very much! Hello! In the first half of this year, the company's special polymer materials platform strategy continued to be empowered, with revenue of 720 million yuan in the first half of the year, and the proportion of special materials revenue further climbed to 55.84%. Up to now, the supply problem of biquinone (BP) raw materials, the company's LCP raw materials, has been solved, and with the commissioning of more new bihydroquinone (BP) production capacity at home and abroad and the gradual release of production capacity, the company's LCP will return to the stage of benign development. Thank you! 15. Please ask whether your company's equity incentive target this year can be achieved, and whether you are confident, thank you Hello! The company will strive to achieve the relevant goals in the following years in accordance with the equity incentive orientation. Thank you! |
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List of attachments (if any) |
not |
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date |
September 22, 2023 |
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