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Suzhou Shihua New Material Technology Co., Ltd. (688093.SH): Successfully put into operation the optical production line in the first half of the year, and is currently gradually increasing production.
Shihua New Material Technology Co., Ltd. (688093.SH) recently stated during an institutional investor reception that the market space for photoelectric products is relatively large. From a global perspective, it can reach at least several hundred billion RMB, with Japanese and American companies occupying the main market position. The single project volume of photoelectric products can reach around tens of billions RMB. In the first half of 2023, the company's optical production line will start operation smoothly, and new photoelectric products will be certified for production and sales to new customers, breaking through the monopoly of foreign enterprises and achieving import substitution. At present, it is gradually increasing sales volume in the market. In order to improve the optical materials...
Suzhou Shihua New Material Technology Co., Ltd. (688093.SH): The construction of the "New Efficient Sealant Project" is progressing smoothly and is scheduled to be test-produced this year.
On July 26th, Gelunhui reported that Suzhou Shihua New Material Technology Co., Ltd. (688093.SH) stated in a recent meeting with institutional investors that the refinancing and investment project "new efficient sealant project" is scheduled to start construction by the end of 2022 and the construction progress is smooth. The plan is to conduct a trial production this year. Efficient sealants and other adhesive materials are widely used in consumer electronics, new energy autos, auto electronics and other fields. In terms of technology, the company has accumulated years of technical reserves, and the R&D team is also conducting related research and development work continuously. As for customers, both domestic and foreign customer companies have been contacted, and currently the company's clients include consumer electronic supply chain providers, auto part manufacturers, optical
Suzhou Shihua New Material Technology Co., Ltd. (688093.SH): The company's materials are used in various products of Customer A.
Suzhou Shihua New Material Technology Co., Ltd. (688093.SH) recently stated during a visit to institutional investors that after years of cooperation, the company's materials are applied in various products of client A, such as mobile phones, laptops, tablets, wearable devices, and others. The company is also closely monitoring the client's advancement in the AI sector and will respond actively. Client A has a large series of products, and the scale of functional materials used is huge. It is estimated that there is at least 10 billion yuan demand for functional adhesive tape alone, and the company's current market share is still small. The company still needs to continuously improve its R&D innovation strength, enhance product competitiveness, and strive for more project opportunities.
Suzhou Shihua New Material Technology Co., Ltd.'s (SHSE:688093) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Suzhou Shihua New Material Technology Co., Ltd. (688093.SH): has cumulatively repurchased 0.6319% of shares.
On July 1, Gelonhui reported that Suzhou Shihua New Material Technology Co., Ltd. (688093.SH) has announced that as of June 30, 2024, the company has repurchased a total of 1,659,641 shares through the Shanghai Stock Exchange trading system using centralized bidding trading, accounting for 0.6319% of the company's total share capital of 262,631,312 shares. The highest and lowest repurchase prices were 17.77 yuan/share and 10.19 yuan/share, respectively, with a total payment of RMB 23,883,550.83 (excluding transaction costs).
Suzhou Shihua New Material Technology Co., Ltd. (688093.SH): Currently, the company is actively promoting the sampling and verification work of other optical products.
On June 25th, Gelunhui reported that when surveyed by specific parties, Suzhou Shihua New Material Technology Co., Ltd. (688093.SH) stated that the market space for optoelectronic products is relatively large, and from a global perspective, it can reach at least several billion yuan. Japanese and American companies occupy the main market position. The single project volume of optoelectronics can reach around several billion yuan. In the first half of 2023, the company's optical production line will be put into operation smoothly, new optoelectronic products will achieve new customer certification and mass production sales, break the monopoly of foreign companies, achieve import substitution, and are currently gradually increasing production capacity to increase optical material production capacity.
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