Securities code: 300072 stock abbreviation: Beijing Sanju Environmental Protection & New Materials Co.Ltd(300072) Beijing Sanju Environmental Protection & New Materials Co.Ltd(300072)
Record of investor relations activities
No.: 2021-002
√ specific object research □ analyst meeting
□ media interview □ performance briefing
Investor relations activities □ press conference □ Roadshow
other
□ site visit
□ others (please describe other activities in words)
Name company name title
Xiao bin Guosen Securities Co.Ltd(002736)
Name of participant and Li Fang Citic Securities Company Limited(600030)
Rowe chuheng assets
Personnel name: Xu Tianze elite times
Wang Fenghua Northeast Securities Co.Ltd(000686)
An Wenqiang Northeast Securities Co.Ltd(000686)
Time: December 14, 2021
Place: company conference room
Receptionist of listed company Beijing Sanju Environmental Protection & New Materials Co.Ltd(300072) Secretary of the board of directors Cao Huafeng
Name Beijing Sanju Environmental Protection & New Materials Co.Ltd(300072) investor relations director Wu Jianyu
Risk tips:
Any content in this investor relations activity record involving future plans, performance forecasts, etc. does not constitute the company’s commitment to any investors and related persons. Investors and related persons shall maintain sufficient risk awareness and understand the difference between plans, forecasts and commitments. Introduction to main contents
1、 Company profile
Cao Huafeng, Secretary of the board of directors, gave a brief introduction to the company’s history and main business.
2、 Q & a session
Question 1: what is the company’s future processing plan for accounts receivable? Or in the form of debt to equity swap?
Answer: the company has always attached great importance to the recovery of accounts receivable. For some projects the company has done in the past, if the project industry is in line with the company’s future industrial development direction and the asset quality is relatively good, the company will adopt the way of debt to equity acquisition according to the specific situation, so that the company can quickly obtain production capacity and form the company’s core operating assets. In the past two months, the company has realized asset acquisition and accounts receivable recovery through the establishment of trust plan and debt to equity swap. In the future, it will further promote asset transfer and accounts receivable collection to ensure the future development of the company.
Question 2: are the projects originally funded in advance being recycled now? Will the project still be done?
Answer: in the past, the company’s technology demonstration needs to be based on a certain industry. Some projects have been advanced, and some of the early projects have been completed. Most of the projects have been paid back, and some have been paid back through debt to equity swap. Some unfinished projects may be planned to be transferred out. Of course, for some projects that are close to completion, the company will finish the work.
Question 3: what is the composition of the company’s traditional business in the future? What is the approximate income and profit?
Answer: the company’s traditional business is mainly the production and sales of agents, as well as styrene, neopentyl glycol, LNG and other chemical products. The company has a large variety of agents, which is relatively a traditional industry. Later industrial development will strengthen product development and introduction, and enhance the contribution of independent intellectual property products to the company in combination with the development of renewable biodiesel, synthetic ammonia and other industries.
Question 4: is the biodiesel produced by Shandong trimer low pour point or high pour point? What are the main difficulties in increasing the load? How do you do it abroad?
Answer: at present, it is renewable biodiesel with ordinary freezing point. At present, it is still in the process of gradually increasing the load. There is still a big difference between the processing of biomass raw materials and fossil raw materials. There are many impurities such as acid, metal, water and oxygen in the raw materials, which makes it very difficult to process, but it is because of the difficulty that there is a challenge. If there is no difficulty, everyone will do it, and there will be no market barrier. If there are difficulties, we can solve them. At present, the company is also adding some devices, improving supporting facilities and striving to gradually increase the load. The technical team of the company is still confident.
In addition, our suspended bed device still has obvious advantages in processing biomass raw materials, and the popularization and application of suspended bed will be strengthened in the future.
Question 5: why is there a large demand for biodiesel abroad?
Answer: the EU is a mandatory requirement for filling, and there are corresponding punishment measures for failing to meet the filling standard. China has no mandatory filling requirements for the time being.
Question 6: what is the company’s business model for biofuels?
Answer: at present, it is order production. Some of them adopt the method of entrusted processing. Customers provide raw materials, and we sell the products to customers. Others are that we purchase raw materials and deliver products according to customers’ orders.
Question 7: can you introduce the ammonia hydrogen conversion in the. Which is the lower cost of the current hydrogen storage mode compared with high-pressure hydrogen storage or solid-state hydrogen storage? Is the profit point of the company in this cooperation a catalyst?
Answer: the core of our technology is to decompose ammonia to produce hydrogen under mild conditions, and realize unit miniaturization and system integration. Ammonia is very easy to liquefy and does not need high-pressure equipment. The mode of transportation and storage is mature. Compared with hydrogen, the cost of storage and transportation is significantly reduced. The cooperation between the company and Fuzhou University has established a test device.
At present, the technology is still in the research and development stage. Our cooperation this time is mainly due to the complementary advantages of all parties. Zijin Mining Group Company Limited(601899) willing to provide financial support and precious metal resources; Trimerization has the ability to be a catalyst, which can well form resource integration.
Question 8: what are the main reasons for the reduction of Zhongheng Tianda and Linke?
Answer: the reduction of shareholders’ holdings is not optimistic about the company, but mainly their own capital needs.
Annex list (if any) none
Date: December 14, 2021
