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Is Chongqing Polycomp International (SZSE:301526) Using Too Much Debt?
International Composite Materials (301526.SZ): There is no direct business relationship with consumer terminal enterprises.
On December 16, Gloronghui stated on the investor interaction platform that International Composite Materials (301526.SZ) produces electronic-grade Fiberglass cloth, which can be used in the production of copper-clad laminates and is a common material in printed circuit boards (PCBs). It is an important basic material in the electronic industry and is widely used in communications, computers, Consumer Electronics, and automotive electronics, among other fields. In addition, the company's independently developed low-dielectric Fiberglass for 5G has also achieved mass production. In 2024, there is no significant change in the company's sales in the electronics field. The Fiberglass produced by the company serves various application fields.
China Galaxy Securities: Fiberglass exports may be restricted by trade, bullish on companies with diversified overseas production capacity.
As of September 2024, China's total fiberglass exports reached 1.618 million tons, with 0.1918 million tons exported to the usa, accounting for 11.85%; the total export value was 2.26 billion US dollars, with 0.301 billion US dollars exported to the usa, accounting for 13.34%.
Investor Optimism Abounds Chongqing Polycomp International Corporation (SZSE:301526) But Growth Is Lacking
Chongqing Polycomp International Widens Q3 Loss; Shares Slide More Than 4%
International Composites: Report for the third quarter of 2024
