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Shandong Longhua New Material's (SZSE:301149) Solid Earnings May Rest On Weak Foundations
Ronghua New Materials (301149.SZ): In the automotive application field, the company mainly cooperates with secondary supporting suppliers and traders.
Longhua New Materials (301149.SZ) stated on the investor interaction platform on October 28 that in the automotive application field, the company mainly cooperates with secondary suppliers and traders.
Longhua New Materials (301149.SZ): Some of the end amine polyether customers are involved in the wind power field.
On October 28, Longhuaxin Materials (301149.SZ) stated on the investor interaction platform that some of the company's end amino polyether customers are involved in the wind power field.
Longhua New Materials (301149.SZ): The on-hand orders for polyetheramine are gradually increasing, and the production operation is being carried out in an orderly manner.
Gelonghui October 23rd丨 Longhua New Materials (301149.SZ) accepted a specific object survey on October 23, 2024, regarding "How is the current production situation of end-amine polyether?" The company stated that the hand orders for end-amine polyether are gradually increasing, and production operations are being carried out in an orderly manner. The full release of production capacity still requires some climbing time.
Ronghua New Materials (301149.SZ): The construction and equipment debugging of the first phase of 0.04 million tons of nylon 66 project have been basically completed, and preparation for trial production is underway.
On October 23, 2024, Longhua New Materials (301149.SZ) accepted a specific investigation from a certain party, regarding the 'company's PA66 construction project'? The company stated that the construction and equipment debugging of the 0.04 million ton phase one nylon 66 project have been basically completed, and it is ready for trial production. The company will strictly fulfill its disclosure obligations in a timely manner according to relevant regulations based on the progress of the project. For specific details on the progress of the PA66 project, please pay attention to the relevant announcements to be issued by the company in the future.
Ronghua New Materials (301149.SZ): Currently, the company's products have been exported to nearly 60 countries or regions.
Longhua New Materials (301149.SZ) accepted a specific object investigation on October 23, 2024, regarding "How does the company plan for the overseas market?". The company stated that the gross margin of the company's export business is higher than the domestic business. The company attaches great importance to export business, focuses on international brand promotion work, and has established a marketing network for overseas export business. A Qingdao branch was established in 2020, a Shanghai branch in 2021, and a Shenzhen branch in 2023. The company's quality advantages and price advantages have gained recognition from foreign customers, leading to the development of export business.
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