Securities code: Miracll Chemicals Co.Ltd(300848) securities abbreviation: Miracll Chemicals Co.Ltd(300848)
Miracll Chemicals Co.Ltd(300848)
Record of investor relations activities
No.: 2022004
\uf0a3 specific object research □ analyst meeting
Investor relations activity \uf0a3 media interview □ performance briefing
Event category □ press conference □ Roadshow
□ site visit □ one-to-one communication
□ others: teleconference
Name of participant Zhongtai Securities Co.Ltd(600918) : Xie Nan and name of personnel: BAOYING Fund: Chen Jinwei
Time: 10:00-11:30 am, April 7, 2022
Location and telephone mode
Du Yingtao, Secretary of the board of directors of the listed company
Personnel name: securities affairs representative Wang Yue
1. What is the downstream distribution of TPU products of the company? What is the market share of each field?
A: the company focuses on the R & D, production and sales of thermoplastic polyurethane elastomer (TPU). The products are widely used in 3C electronics, medical care, automobile manufacturing, sports and leisure, industrial equipment, green energy, home life, 3D printing and other fields. Through independent innovation, the company has gradually mastered the advanced technology and process in the industry, realized partial import substitution, and has obvious competitive advantages in some investor relations and market segments such as smart wear, sports and leisure. Introduction to main contents
2. What are the main sources of the company's revenue growth in recent years?
A: the company's income has maintained a sustained growth in recent years, mainly because the company has worked hard, gradually mastered the advanced technology and process in the industry, and established a good reputation in the TPU industry by relying on its advantages in product quality, technological innovation and differentiated services. At the same time, it has actively researched and developed new products. On the basis of consolidating the original customers and channels, it has continuously carried out horizontal industry expansion and new product market development, continuously improved the market share and rapidly increased the sales scale.
3. What is the impact of rising raw material prices on the company? Is the gross profit margin expected to be greatly affected by the rise of raw materials in the first quarter of this year?
A: the company will timely adjust the sales price of TPU products according to the price of raw materials and downstream market conditions. The company's TPU products are divided into general-purpose and special types. Among them, the general-purpose TPU is more sensitive to the price fluctuation of raw materials, and the selling price is vulnerable to the price fluctuation of raw materials. The special TPU is provided by the company for the personalized needs of customers, with high technical added value and relatively high and stable price.
For the specific operation of the first quarter, please also pay attention to the company's upcoming first quarter financial report. 4. According to the company's annual report in 2021, the accounts payable and inventory increased significantly last year. What is the reason?
A: it is mainly due to the expansion of the company's production and operation scale, the corresponding increase of inventory reserves and the rise of raw material prices.
5. How is the capacity construction progress of the 200000 ton project? When is the project expected to be put into operation? A: the 200000 ton elastomer integration project is constructed in two stages. The first stage and the second stage are 100000 tons respectively. The production capacity is gradually released in stages according to the market situation. At present, the ground dynamic compaction of the project has been completed and the next construction is being prepared. The company will strive to speed up the construction progress of the project. It is expected that the project will reach the expected usable state on the whole, and the date is December 31, 2023.
6. How is the construction progress of Henan polyurethane new material industrial park project? When is the Henan project expected to be completed and put into operation?
A: the project is being carried out in an orderly manner according to the project construction plan. Meirui technology has won the project land in December 2021. The project passed the "two high" project consultation and joint review of relevant government departments in Henan Province in March 2022, and is going through the procedures of safety assessment, environmental assessment and energy assessment necessary for the construction of other projects. The construction period of the project is expected to be 18 months.
During this reception, the reception personnel of the company fully communicated and exchanged with the visitors, strictly followed the relevant systems, and there was no major information leakage. nothing
Date: April 7, 2022
