Profits are falling! Matsui shares may cut in in time by way of mergers and acquisitions!

At the performance meeting, Matsui pointed out that at present, the number of domestic enterprises in the new functional coating material industry is large, the business scale is generally small, and the market concentration is relatively low. After years of precipitation and accumulation, the company has leading advantages in technology research and development, upstream and downstream integration capabilities of the industrial chain and terminal brand influence. The company will adopt the business strategy of both endogenous and external extension to promote the long-term benign development of the company.

In terms of endogenous growth, the company's three strategic curves are developing in an orderly manner. As the second strategic curve of the company, the passenger car business has entered a stage of rapid development and has become a new performance growth point. In terms of products, the company has certain relevant upgrade reserves in the field of innovative coatings, inks and adhesives, and the product range is further enriched, which is expected to bring new performance increments. In terms of extension, the company will make full use of capital market means, carry out vertical and horizontal investment and mergers and acquisitions around the industrial chain in a timely manner, strengthen cooperation with outstanding enterprises, and help the company develop rapidly.

According to Matsui Co., Ltd., the company is building the process and color system of original paint, and the subsidiary Huatu Chemical is conducting relevant original product certification and testing. As for the field of refinish paint, the company does not rule out timely entry by mergers and acquisitions. After the special ink products suitable for automotive glass successfully passed the customer's phased technical performance test, the company is actively cooperating with the customer to carry out proofing and testing of multiple projects, and enter small batch production after the performance test is OK.

In addition, the company's adhesive products are currently being tested and verified with a number of new energy vehicle core components, semiconductor chip motherboard packaging, and aerospace related customers, and have not yet been introduced in large quantities. The special functional coating materials for higher power motors and ultra-high voltage transformers developed by Jinbei Automobile are product replacement projects developed by the company, and are still in the product certification stage.