Securities code: 688633 securities abbreviation: Nantong Xingqiu Graphite Co.Ltd(688633)
Nantong Xingqiu Graphite Co.Ltd(688633) record of investor relations activities
No.: 002
□ specific object research □ analyst meeting
□ media interview □ performance briefing
Investor relations activities
Category □ press conference □ roadshow activity
□ site visit □ one-to-one communication
□ other conference calls
Participating units and personnel: shenwanlingxin fund, Cinda securities, Shanghai Yuhuang investment
Time: December 14, 2021
Location: company conference room teleconference
RECEPTIONIST: Mr. Yang Zhicheng, deputy general manager and Secretary of the board of directors
Interactive investor relations questions
1. What is the market space of main products such as synthetic furnace, tower and heat exchanger?
A: the company’s main business is the R & D, production, sales and maintenance services of graphite equipment. The graphite synthesis furnace, heat exchanger, tower and other equipment and supporting systems prepared by the impregnated graphite process adopted by the company mainly serve the downstream activities in the fields of chlor alkali, pesticide, medicine, silicone, fine chemical industry and three wastes treatment. The main contents are as follows:
customer. At present, our main application fields are waste heat recovery of solid waste incineration, waste acid treatment and coal Shao
At present, the expansion of waste acid treatment scene is more urgent. The company has participated in Fujian Kuncai Material Technology Co.Ltd(603826) the production of titanium dioxide by changing sulfuric acid method to hydrochloric acid method for the first time in the industry. In the future, the treatment of environmental protection waste acid will be one of the fields deeply cultivated by the company, including waste acid treatment in smelting industry, waste hydrochloric acid treatment in fine chemical industry, dilute sulfuric acid and wastewater treatment in titanium dioxide industry, etc. With the national attention to environmental protection, environmental protection waste acid treatment is becoming more and more important
The field has a large market space. According to the company’s previous project experience, it needs at least 5 million yuan of graphite equipment for every 100000 tons of waste acid. In the next 3-5 years, if 30% of waste acid is treated, there will be more than 1.5 billion market space. The company will further optimize the core technology of waste acid treatment and improve the market competitiveness of products in the future. In addition, some environmental protection enterprises undertaking solid waste incineration need the company’s hazardous waste incineration graphite system. According to public data statistics, the capacity scale of hazardous waste incineration reached 6.16 million tons / year in 2018. According to the existing user data of the company, about every 10000 tons of incineration scale corresponds to a set of waste heat recovery furnace. It can be roughly estimated that the market space of waste heat recovery synthesis furnace is more than 600, and the overall market demand is relatively strong. The equipment required in the process of hazardous waste incineration meets the characteristics of high temperature resistance, corrosion resistance, energy conservation and safety of graphite synthesis furnace. The company has experience in the successful implementation of waste heat recovery project of hazardous waste incineration, and needs to be expanded widely. The company has established Nantong Xingqiu Graphite Co.Ltd(688633) Shanghai branch to actively expand overseas markets and application fields. 2. What are the products that the company currently realizes import substitution? A: the company has a number of core technologies and actively reserves advanced technologies representing the development trend of the industry. Among them, the company’s high-efficiency waste heat recovery technology of graphite hydrochloric acid synthesis unit has carried out innovative design in the aspects of graphite instead of steel, graphite component design and overall structure design, effectively improved the thermal conductivity and thermal energy utilization rate of materials, and solved the problems of seal leakage caused by low heat utilization rate and inconsistent thermal expansion coefficient in the process of hydrogen chloride synthesis. The company’s technology is in a leading position in the industry. According to the relevant instructions of China Chlor Alkali Industry Association, the market share of the company’s combined by-product steam graphite hydrogen chloride synthesis furnace ranks first in China for three consecutive years. According to the statement issued by China industrial anti-corrosion technology association, the company’s technical products are novel, the comprehensive technology has reached the international advanced level, the import substitution of synthetic furnace has been realized, and it has made a significant contribution to promoting the overall manufacturing level of graphite chemical equipment in China. 3. Is the technology iteration frequency of the product high? What is the current proportion of R & D investment and the trend in the next two to three years? A: the company’s main products are graphite synthesis furnace, graphite heat exchanger, graphite tower and other types of graphite equipment and related accessories. In addition to the existing products, the company has successively reserved core technologies such as graphite material improvement technology, carbon fiber graphite pipe technology and all graphitized pipe in combination with the industry development trend and future development plan. The company’s technological innovation focuses on how to better serve customers and carry out orderly, combined with the company’s production
With the characteristics of product customization, the company provides practical solutions for customers in the fields of chlor alkali, organosilicon, pesticide and pharmacy. At the same time, the company is actively developing customers in the fields of environmental protection waste acid, industrial high-temperature incineration and coal chemical recycling, so as to provide customers with more high-quality services. The production process of graphite equipment is relatively complex, with high requirements for raw material quality, difficult control of production stability, many product specifications and models and high relevance of application scenarios, resulting in high overall technical difficulty and high industry threshold. Iso23222 life cycle risk assessment of Corrosion Control Engineering jointly developed by the company was voted and approved by 164 member states of the international organization for Standardization (ISO). In 2019, the company was listed as one of the first 248 small giant enterprises specializing in special and new products in China, and was released by the Ministry of industry and information technology of the people’s Republic of China in 2020 Notice of the Ministry of industry and information technology and China Industrial Economic Federation on printing and distributing the list of the fifth batch of manufacturing individual champions and the second batch of manufacturing individual champions (products) that have passed the review , the company was selected into the fifth batch of manufacturing individual champion demonstration enterprises. In the future, with the rapid development of chlor alkali, medicine, pesticide, organic silicon and three waste treatment industries, higher requirements will be put forward for the application of common key technologies such as green and energy-saving production process development, integration and large-scale production equipment and process control automation, and graphite equipment products with high performance, low cost and better comprehensive performance are needed.
4. What is the current situation of the project in Inner Mongolia?
A: the company has established Inner Mongolia Xingxing New Material Technology Co., Ltd., a subsidiary focusing on the production and R & D of special graphite materials in Ulanqab, Inner Mongolia, in order to expand to the upstream of the industry, carry out deep processing of graphite materials, further enrich the company’s product structure and form a new profit growth point. The company’s new graphite raw material production project is progressing smoothly. At present, the equipment commissioning of the molding process has been completed for trial production, and the other processes are being constructed according to the project plan. The company will accelerate the project progress and disclose the progress to the majority of investors in time.
5. The company’s future development strategy at home and abroad
A: the company is committed to forming an industrial pattern of “materials, equipment, systems and services” in the future, with graphite equipment and systems as the core, graphite material production as the basis, maintenance services as the support, materials, equipment, systems and services supporting, interdependent and promoting each other.
Annex list (if any) none
Date: December 14, 2021
