Pulit (002324.SZ): Construction of Company's New Modified Materials Base Proceeding As Planned

Polytech(002324.SZ) recently stated at its earnings briefing that the construction of its new specialty materials production base is proceeding as planned. Specifically, the preliminary infrastructure work for the Tianjin factory has been largely completed, and equipment installation and commissioning are currently underway; trial production is expected to commence by the end of June 2026. The Guangzhou Nansha factory is also being designed and constructed in accordance with the established objectives and schedule. The Company will strictly comply with relevant laws and regulations and promptly fulfill its information disclosure obligations; investors are kindly advised to continue monitoring the Company’s related announcements. As a leading enterprise in the modified materials industry, the company is well-positioned to further increase its market share in domestic automotive materials amid the sustained growth of the automotive sector. Demand for the company’s modified materials from downstream automotive OEM customers continues to rise steadily, and the company is highly confident in further expanding its market share of automotive modified materials. Meanwhile, its non-automotive materials business is also growing rapidly. Currently, the company’s existing production capacity remains fully utilized. The commissioning of its Tianjin factory this year will significantly alleviate delivery pressure and exert a substantially positive impact on business volume growth.