Investor interaction in March 2022:
1. Answer 32 calls from investors
2. Reply to 15 interactive messages from SSE e
The main concerns and replies of investors are as follows:
1. Q: your company’s 2020 annual report states that the 65000 ton raised investment project will be partially put into operation in 2021. By the end of 2021, has the project been partially put into operation?
A: Dear investors, Hello! The company’s fund-raising projects are in the process of orderly promotion. Please pay attention to the relevant announcements of the company for subsequent progress. The company will timely perform the obligation of information disclosure in strict accordance with the relevant provisions of information disclosure. Thank you for your attention!
2. Q: why hasn’t your company released an investor survey? Is the industry too biased or hasn’t your company carried out this work?
A: Dear investors, Hello! Affected by factors such as epidemic prevention and control, the company did not receive on-site investigation from investors. For shareholders and investment institutions who pay attention to the company and need to further understand the company within the scope of public information disclosure compliance, the company will continue to take a positive attitude, adhere to the principles of fairness, impartiality and openness, and use various effective forms to communicate and exchange with them, so as to enhance the timely understanding of the value of the company by shareholders and investors. If there is investor research, the company will disclose the record form of investor relations activities. Please pay attention.
3. Q: why does the trial production of your 60000 ton phase II project take so long? Is there any difficulty?
A: Dear investors, Hello! The company’s 60000 ton phase II trial production related work has been carried out normally as planned, and the trial production and completion acceptance and other related work have been completed in December 2021. Thank you for your attention!
4. Q: does your company consider transferring shares to increase the activity of the company’s shares and improve the company’s activity in the secondary market?
A: Dear investors, hello. As for the company’s profit distribution plan, we will implement it in accordance with relevant laws and regulations and the articles of association, and we will feed back your suggestions to the management in time. Thank you for your attention to the company!
5. Q: your company has carried out any roadshows and other activities since its listing. Has your company considered doing more publicity and public relations work?
A: Dear investors, thank you for your attention and suggestions to the company.
6. Q: is the trial production of your 65000 ton project put into production at one time or in succession?
A: Hello, the trial production of the company’s 65000 ton project is put into operation one after another. Thank you for your attention to the company!
7. Q: what is your company’s current capacity after the completion of phase II Acceptance of 60000 tons?
A: Hello, please pay attention to the company’s production capacity. Thank you for your attention.
8. Q: when will your company release the performance express?
A: Hello, according to relevant regulations, the annual performance express has no mandatory disclosure requirements. You can refer to the company’s annual performance forecast to understand the latest performance of the company. Thank you for your attention.
9. Q: will your company release the first quarter performance forecast?
A: Dear investors, thank you for your attention. According to the Listing Rules of Shanghai Stock Exchange, the performance forecast of the first quarter report of listed companies does not belong to the scope of mandatory information disclosure. What are the main applications of titanium and cobalt in the “materials project”?
A: Hello, titanium and cobalt based new materials in this project are related products for upstream and downstream applications of the company. Thank you for your attention!
11. Q: the price of raw materials in your company is rising. Can you directly transfer it to downstream products or is your premium ability very strong?
A: Hello, the price of raw materials fluctuated and did not have a significant impact on the company’s operation. According to the company’s sales pricing policy, communicate with customers in time and respond positively. At the same time, the company abides by the market principles for commodity pricing, strictly abides by and actively implements the relevant requirements of industry development, and supports various industry policies, rules and regulations. Thank you for your attention!
12. Q: is your company in full production in the first quarter?
A: Hello, the company’s production in the first quarter is normal. Thank you for your attention!
13. Q: is there a big difference in the price of your products between domestic and overseas in the near future?
A: Hello, the overseas export price of the company’s products is comprehensively affected by overseas order demand, order receiving price, relevant tax costs, order cycle, exchange rate fluctuation risk and other factors. Thank you for your attention!
14. Q: the project in your company’s IPO is about self-produced silicon powder. Is it outsourcing silicon blocks now?
A: Hello, the company is currently outsourcing silicon powder for the production of related products. Thank you for your attention!
15. Q: your company’s performance grew rapidly in the fourth quarter of 2021. Can you analyze the specific reasons?
A: Hello, the growth of your company’s performance in the fourth quarter of 2021 is affected by the overall competitiveness of the company, the growth of the overall market demand and other factors. Thank you for your attention!
A: Hello, the company and Jiangxi Hungpai New Material Co.Ltd(605366) both belong to the organic silicon industry. The two companies have their own advantages. Thank you for your attention!
17. Q: is your company’s performance expected to be better in the first quarter of this year than that in the first quarter of 2021?
A: Hello, the company’s performance in the first quarter of 2022. Please pay attention to the first quarter report of 2022 planned to be released by the company on April 23, 2022. Thank you!
18. Q: in 2021, in which application field does your company’s downstream product demand grow faster?
A: Hello, the demand of the company’s downstream main application fields in 2021 has increased to varying degrees compared with that in 2020. Thank you for your attention!
19. Q: what is your current capacity of 10000 tons?
A: Hello, please pay attention to the company’s regular reports and related announcements for the information about the company’s production capacity. Thank you for your attention!
20. Q: what is the capacity utilization rate of your company?
A: Hello, please pay attention to the regular report that the company will disclose on April 23, 2022. Thank you for your attention!
21. Q: your company has several major projects going on in succession recently. Do you intend to obtain the funds through additional issuance in the later stage?
A: Hello, the capital sources of the foreign investment projects recently released by the company are the company’s own or self raised funds. Thank you for your attention!
22. Q: can your company maintain the good performance of the fourth quarter of last year in the first quarter? A: Hello, please pay attention to the operation of the company in the first quarter of 2022. The company plans to release the first quarter report of 2022 on April 23, 2022. The company will timely fulfill the obligation of information disclosure in accordance with the relevant provisions of Shanghai Stock Exchange. Thank you for your attention.
23. Q: when will your company release the performance forecast for the first quarter?
A: Hello, if you need to make relevant announcements, the company will perform the obligation of information disclosure in strict accordance with the requirements of the stock listing rules and relevant guidelines of Shanghai Stock Exchange. Thank you for your attention! 24. Q: what is the average price of all your products in 2021?
A: Hello, the company plans to release the business data announcement on April 23. At that time, you can pay attention to the price information of the company’s main products. Thank you!
25. Q: in 2021, the net profit of your company increased by more than three times, and the revenue increased by more than one time. Generally, it is synchronous growth, but your company is obviously not synchronous growth. Is it due to the good cost control of the company?
A: Hello, the company’s revenue and net interest rate are affected by many factors. The company has established long-term and stable cooperative relations with major customers and suppliers through effective pricing mechanism and business strategy.
Thank you for your attention!
26, Q: do you have plans for aerogel production in 2022?
A: Hello, the company’s annual output of 23 thousand tons of special silicone material project has aerogel 2000t/a. The construction period of the project is long. Although the filing notice has been obtained, the procedures of environmental assessment and safety assessment are still in the process of being handled. Whether it can be successfully handled has uncertain risks. The project is not expected to have a significant impact on the overall operating performance of the company in the short term. The company will timely perform the obligation of information disclosure according to the progress of the matter. Please invest rationally and pay attention to risks. Thank you for your attention!
27. Q: are your products sold outside the United States?
A: Hello, the company’s products are sold in the United States. Thank you for your attention!
28. Q: what are your biggest customers?
A: Hello, the biggest customer of the company is in the field of silicone. Thank you for your attention!
29. Q: which countries do your company’s overseas customers mainly focus on? Is there America? A: Hello, the company’s overseas customers are mainly concentrated in Europe and Asia, and are also sold to the United States. Thank you for your attention!
30. Q: what areas are your domestic customers mainly concentrated in?
A: Hello, the company’s customers are widely distributed in all regions of the country. Thank you for your attention!
31. Q: the price market of trichlorosilane is relatively good recently. Does your company intend to expand its production capacity this year?
A: Hello, the company currently has a capacity of 60000 tons / year of trichlorosilane, mainly for its own use. We will give feedback to the management of the company on the subsequent capacity improvement of trichlorosilane. Thank you very much for your valuable suggestions!
32. Q: in addition to the 60000 ton phase II project, your company will have capacity expansion. Are there any other projects to release capacity this year?
A: Hello, the company’s 60000 ton phase II project has completed trial production, completion acceptance and other related work in December 2021. Other projects of the company are also advancing steadily in 2022. Please pay attention to the regular reports and temporary announcements subsequently disclosed by the company. Thank you for your attention!
33. Q: has your price fluctuated greatly recently? The price of DMC in the market has fallen sharply. Does your company have a serious impact?
A: Hello, the price of the company’s products is affected by market conditions, customer needs, quality grades and other factors. For the specific situation of main products, you can pay attention to the business data announcement that the company will disclose on April 23. Thank you for your attention!
34. Q: do you expect this year’s performance to be as good as last year?
A: Hello, thank you for your attention to the company. For the specific data of the company’s performance in 2022, please continue to pay attention to the company’s subsequent regular reports. Thank you!
35. Q: at present, the epidemic situation in Shanghai is relatively serious. Do you have any customers in Shanghai? How about sales?
A: Hello, the company has customers in Shanghai, and the annual sales volume accounts for a low proportion of the sales volume of domestic customers in the whole year. Thank you for your attention!
