Dear Secretary of the Board: Have the small-scale tests of the hydrogen energy industrial products scheduled for August production been completed successfully? Do you already have target customer orders, or do new sample deliveries need to be arranged before mass production?
Dear investors, the company successively increased capital to take shares in Qingdao Chuangqi Xinneng Catalysis Technology Co., Ltd. and Qingdao Chuangqi Xinde New Energy Technology Co., Ltd., and became the largest shareholder of Qingdao Chuangqi Xinneng Catalysis Technology Co., Ltd. We also established Qingdao Hydrogen Qihui New Energy Technology Co., Ltd. as the implementation entity for the company's hydrogen energy development, and invested in Qingdao Tongqinghu Hydrogen Energy Technology Co., Ltd. Led by academicians and relying on the innovative resources of Tongqinghu Universities, the company has accumulated abundant research achievements in the hydrogen energy field, and has realized low-cost mass production and domestic substitution of fuel cell catalysts and core components. Please follow the company's updates for subsequent progress. Thank you for your attention!
Does the company have AIDC business layout? What is the progress?
Dear investors, the company has no IDC business layout at present. Thank you for your attention!
Dear Secretary of the Board, what is the proportion of raw materials imported by Copton from the United States (excluding exports)?
Dear investors, the company adopts a global procurement strategy for raw materials. A small part of raw materials are imported from the United States, and these raw materials are not solely supplied by US suppliers. Meanwhile, the company closely tracks industry trends and adjusts procurement volume in real time according to price fluctuations. Thank you for your attention.
Hello, your company released the Announcement on the Company and its Subsidiaries Carrying Out Futures Hedging Businesses in April 2022, stating that plastics are included in hedging varieties. Which specific plastic varieties are covered?
Dear investors, the Announcement of Qingdao Copton Technology Co., Ltd. on the Company and its Subsidiaries Carrying Out Futures Hedging Businesses (Announcement No. 2022-017) released by the company on April 30, 2022 clearly stipulates that the futures hedging businesses carried out by the company and its subsidiaries are limited to ethylene glycol futures traded on Dalian Commodity Exchange. Thank you for your attention.
Dear Secretary of the Board, are the company's lubricants mainly targeted at construction machinery or passenger vehicles? With the surging sales of new energy vehicles, how will the company cope with market changes in the future?
Dear investors, the company's lubricant products are widely used in automobiles, industrial equipment and other fields, providing efficient fluid maintenance solutions for vehicles and industrial machinery. The company has sufficient technical reserves for new energy vehicle maintenance, and relevant teams will continuously increase R&D investment and product innovation to actively expand the new energy sector. Thank you for your attention.
Are the company's products applied to robots? What is the application prospect of hydrogen fuel cells?
Dear investors, the company has sufficient technical reserves in lubricating grease R&D and production. Its lubricating grease products can meet the lubrication needs of robot joints, and relevant teams will actively expand market applications in various scenarios. Hydrogen fuel cells can be applied to various vehicle types such as buses, logistics trucks, heavy-duty trucks and sanitation vehicles, as well as energy storage power generation systems. Thank you for your attention.