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Not Many Are Piling Into Shanghai Pret Composites Co., Ltd. (SZSE:002324) Just Yet
Shanghai Pret Composites (002324.SZ): Currently, some materials have been supplied in bulk to the industrial Siasun Robot&Automation sector.
Gelonghui reported on March 5 that Shanghai Pret Composites (002324.SZ) recently stated during an investor relations activity that the company's main Business primarily involves modified PP, modified PA, and modified PC/ABS materials used in the Autos materials sector; it also includes modified PEEK, modified PPS, modified PA, TPE and other materials that can be used in Siasun Robot&Automation and related Industries. Currently, some materials have already been supplied in bulk to the industrial robot sector, but the proportion of relevant Business accounts for a small part of the company's overall Business volume.
Shanghai Pret Composites (002324.SZ): In 2024, the company's Autos modified materials Business is in a state of continuous stable growth.
On March 5, Gelonghui reported that Shanghai Pret Composites (002324.SZ) stated in a recent investor relations activity that in 2024, the company's modified materials business for Autos is experiencing continuous stable growth, with the growth rate of business volume exceeding the average growth rate of the automotive industry, and a 10%-15% increase in revenue from modified materials is expected. Among this, 90% of the revenue from the modified materials business comes from automotive industry clients. The company's existing production capacity is at full production and sales, but there is still a capacity gap in the peak season of the industry. The ongoing construction and commissioning of the Wuhan, Foshan, and Tianjin factories will effectively alleviate the company's capacity demand and will enhance the company’s position in the modified materials business.
Wen Zhou Shanghai Pret Composites Co., Ltd.'s (SZSE:002324) CEO Is the Most Bullish Insider, and Their Stock Value Gained 12%last Week
Shanghai Pret Composites (002324.SZ): The domestic substitution of products in the Autos Industry, electronic communications Industry, AI Industry, and other fields is accelerating, and the market share is also rapidly increasing.
On February 26, Gelonghui reported that Shanghai Pret Composites (002324.SZ) stated on the investor interaction platform that the company mainly engages in the research, production, sales, and service of high-performance New Materials products and their composites, as well as ternary Lithium Batteries, Lithium Iron Phosphate Batteries, Sodium-ion Batteries, and their systems. The company's business Sector is primarily divided into three main directions: modified materials Business, ICT materials Business, and New energy Fund Business. With the gradual implementation of the company's innovation in New Materials and New technologies, the domestic substitution of its products in the Autos Industry, electronic communications Industry, and AI Industry is accelerating, and market share is also rapidly increasing.
Shanghai Pret Composites (002324.SZ): The products include modified PEEK, modified PPS, modified PA, TPE, and other materials, all of which can be used in Siasun Robot&Automation and other related Industries.
On February 24, Gelonghui reported that Shanghai Pret Composites (002324.SZ) stated on the investor interaction platform that the company's products include modified PEEK, modified PPS, modified PA, TPE, and other materials, which can be used in Siasun Robot&Automation and other related Industries, but currently the proportion of related Business accounts for a small part of the company's overall Business volume. As a leading enterprise in the field of modified materials, the company places high importance on the application of materials in the robot industry and is actively connecting and verifying Business with related customers to promote the Lightweight, functional, and large-scale use of our materials in the robot industry.
Shanghai Pret Composites' (SZSE:002324) 31% CAGR Outpaced the Company's Earnings Growth Over the Same Five-year Period
