Record of Investor Relations Activities on February 21, 2025
Time：2025-02-21 18:00
| Securities Code: 002886 | Securities Abbreviation: Wote Shares |
Record of Investor Relations Activities of Shenzhen Water New Materials Co., Ltd.
Number: February 2025
Investor Relations Activity Category
| □ Targeted Research □ Analyst Conference □ Media Interview □ Earnings Conference □ Press Conference □ Roadshow Event □ On-site visit ☑ Other (Visiting Listed Companies Event) |
Name of Participating Organization | A total of 24 individuals, including East Money Securities, Guohai Securities, Beishan Changcheng Fund, Blue Ocean Fund, Asia-Pacific Huijin Fund, Zhuode Investment, Huijie Investment, Jianshi Investment, Huijie Investment, Morgan Longyu Investment, Guangying Capital, Jieshengsi Capital, Northern Asia Affairs Asset Management, Ruiye Asset Management, Dong Simu, and other small and medium-sized investors. |
Time | Friday, February 21, 2025, 3:30–4:30 p.m. |
Location | Company Meeting Room |
Name of the接待 personnel for the listed company | Secretary of the Board and Deputy General Manager: Zhang Liang |
Overview of the Main Activities in Investor Relations
| Questions Raised by Investors and the Company’s Responses The company has responded to the questions raised by investors during this briefing: 1. Please provide a brief overview of the company’s basic information. Hello! The company has consistently focused on high-value-added materials and the strategic extension of its industrial chain, continuously strengthening its capabilities in platform-based development of specialty polymer materials. On the upstream end of the value chain, the company has achieved industrial-scale synthesis and deployment of specialty engineering resins such as LCP, PPA, polysulfone, and PAEK. In the midstream, leveraging a diverse portfolio of material-processing technologies, the company provides downstream customers with a wide range of products featuring tailored dielectric properties—high or low—as well as antistatic, shielding, lightweight, thin-wall, high-strength, high-toughness, conductive, insulating, flame-retardant, thermally conductive, and magnetically permeable characteristics, along with corresponding simulation testing and customized processing services. At the downstream end, the company is now capable of supplying films, composite materials, and molded parts, which have been widely recognized and adopted by downstream customers. In 2024, the company adhered to its platform-based strategy for specialty polymer materials and proactively expanded into key growth areas such as high-frequency communications, computing servers, new-energy vehicles, the low-altitude economy, and semiconductors. Despite challenges posed by industry cycles, depreciation of newly added production capacity, and amortization of share-based compensation expenses under the employee stock ownership plan, the company achieved double-digit growth in both net profit attributable to shareholders of the listed company and net profit excluding non-recurring items. For 2024, net profit attributable to parent company is projected at RMB 28 million to RMB 38.5 million, representing a year-on-year increase of 374.89% to 552.97%; net profit attributable to parent company after deducting non-recurring items is expected to range from RMB 18 million to RMB 26.5 million, up 1,313.65% to 1,981.21% year on year. Revenue is forecast at approximately RMB 1.85 billion, up about 20% year on year, with revenue posting quarter-over-quarter growth for three consecutive quarters. Notably, sales of specialty polymer materials—including liquid crystal polymers (LCP), specialty nylons, and polyphenylene sulfide (PPS)—increased. 2. Could you please provide an update on the company’s LCP business in 2024? Hello! Over the years, our company’s LCP business has gone through stages of assimilation and absorption, independent innovation, and challenges related to supply-chain constraints on raw materials. By positioning itself in the mid-to-high-end LCP segment, the company has established a certain level of brand recognition among customers. In 2024, our LCP products are primarily used in the telecommunications sector. 3. Can the company’s products be applied in the robotics field? Hello! As a platform-based enterprise specializing in advanced polymer materials, our company is able to tailor customized material solutions—such as high-speed, integrated, and lightweight options—to meet the diverse application needs of our customers. For instance, we offer LCP materials for high-frequency, high-speed signal transmission; PPA and PPS composites for weight reduction; and PEEK materials for wear resistance and high strength. By fully leveraging synergies across formulation, processing, equipment, R&D, and marketing among our various material platforms, we are steadily refining and continuously expanding our end-to-end, platform-based value chain that encompasses polymer synthesis, modification, and finished-product manufacturing. Thank you! 4. What are the company’s primary downstream industry customers? Hello! Prior to our IPO, the company primarily served the home appliances and consumer electronics sectors. Over the years, we have expanded our footprint, and today our downstream customers span a wide range of industries, including communications, 5G/6G, and precision electronics such as sensors, as well as new-energy vehicles, the low-altitude economy, semiconductors, photovoltaics, and artificial intelligence. Thank you! 5. Please outline the opportunities facing the company’s future development. Hello! In recent years, thanks to the continued support of national industrial policies, China’s specialty polymer materials have experienced rapid development; however, there is still considerable room for improvement in self-sufficiency, indicating broad prospects for future growth. With the advent of 5G/6G communications, drones, robotics, AI servers, semiconductors, and material upgrades in the medical industry, the pace at which specialty polymers are replacing traditional materials has further accelerated. These materials find extensive applications in electronics and electrical equipment, transportation, medical devices, mechanical manufacturing, high-frequency and high-speed communications, and other fields, suggesting strong future market demand. Moving forward, the company will focus on the specialty polymer materials sector, and as production capacity is gradually brought online, it is poised to enter a virtuous cycle of sustainable growth. Thank you! |
List of Attachments (if any) | None |
Date | February 21, 2025 |
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