Anhui Jiaxian Functional Additives Co., Ltd. held its 2025 annual performance briefing on May 22 via online remote means. The company's chairman Mr. Li Dui, general manager Mr. Li Ping, board secretary Ms. Ma Yanping, and chief financial officer Mr. Dai Haotian attended and answered questions of concern to investors.
Regarding the production capacity of its subsidiary Yingtemei, the company stated in its response: &#34;Currently, the construction of the first phase of the technical transformation project of the subsidiary Yingtemei has been completed. Previously, according to environmental protection requirements, the first phase of the Yingtemei technical transformation project was re-approved to have an annual production capacity of 860 tons. After the technical transformation is completed, the first phase of the Yingtemei project will have a production capacity of 860 tons/year.&#34; &#34;The product of Yingtemei, acetoxy styrene, is a key monomer for photoresists, with downstream direct customers being photoresist manufacturers. This year, the product has passed validation from some new customers and achieved small batch supply. Yingtemei's acetoxy styrene product is designed for a production capacity of 500 tons/year, and the second phase project for an annual production of 1,000 tons of electronic material intermediates is currently under construction.&#34;
Regarding the company's stock price performance and response measures, the company stated: &#34;The stock price in the secondary market is influenced by multiple complex factors such as macroeconomic conditions, sector liquidity, and investor sentiment. The company will continue to focus on its traditional main business and the electronic materials sector, optimize its business structure, strengthen market development for existing and new products, promote cost reduction and efficiency enhancement, accelerate project construction, and strive to improve its overall strength.&#34;
Regarding whether to continue acquiring Yingtemei or introduce strategic shareholders in the future, the company stated: &#34;The company remains optimistic about the electronic materials sector. Whether to further integrate Yingtemei's equity and strengthen control will be considered comprehensively based on the company's development strategy, Yingtemei's development situation, and the capital market environment.&#34; &#34;The possibility of introducing strategic partners that align with the company's strategy and possess industrial resources or further acquiring Yingtemei's equity at an appropriate time and under suitable conditions cannot be ruled out.&#34;
Regarding the progress of the biodegradable materials functional additives project, the company stated: &#34;The first phase project of the annual production of 15,000 tons of biodegradable materials functional additives mainly produces titanate. The project is in a continuous process optimization stage in 2025, and qualified products have been produced and sold externally, currently in the capacity ramp-up stage, and has not yet reached full production capacity. The company is actively connecting with downstream customers, continuously following up on intended orders, and gradually expanding market share. Titanate can be used as a special additive for biodegradable plastics, insulating paint modification additives, environmentally friendly plasticizers, and battery cathode material processing additives, respectively used in biodegradable plastic products, insulating coating materials, rubber and plastic modification, and lithium battery cathode processing links.&#34;
Regarding R&amp;D investment and patent situation, the company disclosed: &#34;In 2025, the company's R&amp;D expenditure was 20.6121 million yuan. By the end of 2025, the company had a total of 172 patents, including 45 invention patents and 127 utility model patents.&#34;
According to Wall Street Finance, the company is a high-tech enterprise mainly engaged in the research, production, and sales of PVC new environmentally friendly heat stabilizers and additives, photoresist monomers, and ultraviolet absorbers. Its main products include dibenzoylmethane (DBM), stearoyl dibenzoylmethane (SBM), and stearate products, which fall under the category of new catalytic materials and additive manufacturing in the &#34;Strategic Emerging Industries Classification (2018)&#34; that play a significant leading role in the overall economic and social development and long-term growth
It can improve the initial coloring of PVC, inhibit zinc burn, enhance thermal stability and light stability, and has reliable safety and environmental protection characteristics. It is widely used in films, PVC profiles, PVC pipes and fittings, wires and cables, sheets, toys, food packaging bags, medical devices, and water cups, among others. The company's photoresist monomer acetoxyphenethyl can be used to synthesize polyhydroxy styrene, which is the main component of photoresist. The chemical amplification type photoresist of the polyhydroxy styrene series is currently the mainstream photoresist product internationally and is one of the key technologies used for processing photolithography integrated circuits and manufacturing chips. The company's triazine-based ultraviolet absorbers are among the most widely used light stabilizers, featuring excellent heat sublimation resistance, wash resistance, gas fading resistance, and mechanical performance retention. They are one of the main raw materials for high-performance display additives and cosmetic additives

Jiaxian Co., Ltd. (920489) held a 2025 annual performance briefing to elaborate on the progress and production capacity of photoresist monomers