Securities code: 002886 securities abbreviation: Shenzhen Wote Advanced Materials Co.Ltd(002886) Shenzhen Wote Advanced Materials Co.Ltd(002886) investor relations activity record No.: 2022-01 investor relations activity category □ specific object research □ analyst meeting □ media interview □ performance briefing □ press conference □ roadshow activity □ on-site visit □ names of other online teleconference participants and personnel I Online teleconference research Jinglin assets – Zhao Zhang; 3W Fund – Huifan Wu; Schroeder investment Stanley Wang; Shanghai Heqi investment – Shuo Yang; Wind and investment – Jerry Gu; Kangmand capital – wanxuanxuan; Hanchuan assets – Bruce Chen; Jingyuan investment – Wayne Yan; Teng Yue partner – Michael Ma; Gaojie capital – Leo Gao; Ruisi capital – Roy Zhang; Yongtai investment capital – Tong song; Panze capital – Zhao Hou, Xiong Weiming, 15:00-16:00 on Friday, January 14, 2022, in the conference room of the company’s headquarters; Name of receptionist of online teleconference listed company: Vice President, Secretary of the board of directors: Zhang Liang, securities affairs representative, investment and Customs Manager: Fan Yu Shuxin, introduction to the main contents of investor relations activities (I) introduction to the basic situation of the company; (II) communicate with investors and answer investors’ questions on relevant issues. The details of online Q & A are as follows: 1. We see that the suppliers of the whole LCP in China are relatively limited. Our company is now China’s leader in terms of production capacity and market share. I’d like to know what are the main barriers in this field. Thank you. A: Hello! First of all, the opportunity of China’s double cycle independent and controllable era provides a good development opportunity for the development of the company’s liquid crystal polymer (LCP) materials. Second, based on the acquisition of Samsung LCP project in 2014, the company has formed a complete LCP material system with independent intellectual property rights through further innovation in technology development, resource integration and process optimization. Third, the company closely focuses on the needs of customers and continues to maintain the joint development of new materials and products with customers. The product performance and batch stability have been recognized and trusted by customers. thank you! 2. For many new material products, equipment will be a relatively tight link in the whole production process. I don’t know if for LCP, equipment will also be one of its barriers. A: Hello! Equipment is an important part of material manufacturing process innovation. The company has many sets of LCP materials and equipment to enhance the company’s product R & D and production competitiveness through independent development and design, directional entrusted processing, professional team installation and commissioning and other links. thank you! 3. In 2021, the cost of bulk commodities is under great pressure. The report reflects that the company’s raw material inventory is also increasing. What is the procurement mechanism? A: Hello! The company’s supply chain procurement has a complete mechanism and system, and will carry out relevant work according to the long-term and short-term dynamics of raw material prices and in combination with customer order demand. thank you!. 4. The goal of the company’s equity incentive plan is bright. How did this goal come about? A: Hello! The company’s performance goal of equity incentive in 2021 has been repeatedly demonstrated by the company’s decision-making level to the executive level. We hope to seize the good opportunity of the times, on the basis that the company already has the layout of material platforms for upstream synthesis, midstream modification and downstream manufacturing, and through a reasonable company, department and individual performance evaluation system, pool the strength of the company, accelerate the release of the company’s reserve resources and make the company to a higher level. thank you! 5. I see that the company has many products under research. Under the condition of existing scale, how does the company match resources to carry out R & D? A: Hello! The company continues to increase R & D resource investment, and the company’s R & D expenses have continued to increase in recent years. At the same time, the company attaches great importance to the effective release and efficient coordination of various resources. The company’s various material products have certain synergy in R & D, manufacturing process and market clients, which is also one of the goals of the company to build a polymer material platform. thank you! Annex list (if any) no date January 14, 2022
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