Record Form for the 2025 Shandong Listed Companies Investor Online Collective Reception Day Event

Record Form for the 2025 Shandong Listed Companies Investor Online Collective Reception Day

Release date:

2025-05-16

Security Code: 002469                                   Security Abbreviation: 3D Chemical

 

Shandong Sanwei Chemical Group Co., Ltd.

Investor Relations Activity Log

                                                       Number: 2025009

Investor Relations Activity Categories

Targeted Audience Research         Analyst Conference

Media Interview             Performance Briefing

Press Conference           Roadshow Event

On-site visit

Other  2025 Shandong Province Listed Companies Investor Online Collective Reception Day Event

Names of Participating Organizations and Personnel

Online Participation 2025 Investors participating in the annual online collective investor reception day event for listed companies in Shandong Province

Time

2025 Year 5 Month 15 Day 3:00 PM - 4:30 PM

Location

Panoramic Network Investor Relations Interaction Platform ( https://ir.p5w.net ) Online remote method

Name of the接待 personnel from the listed company

Board Secretary: Mr. Zhang Jun

Chief Financial Officer: Mr. Wang Wenxu

Introduction to the Main Activities of Investor Relations

This investor online collective reception event was held via remote web conferencing, with the main Q&A session as follows:

1 "Research companies have entered the chemical materials sector, where all products are currently monopolized by foreign firms. While this is certainly worthy of full recognition, once the company’s products enter mass production, competitors from abroad are likely to cut their prices. In this scenario, does the company have any countermeasures in place? And does the company possess the capability to develop groundbreaking, globally first-to-market material innovations—thus avoiding an awkward situation altogether? Thank you."

Hello! Thank you for your interest in 3D Chemistry! The company has assembled a team of high-level management and technical professionals through internal development, external recruitment, and other strategic approaches, forming a group led by talents recognized under China’s national key talent programs. A A research and development team led by industry experts. The company will closely focus on its core business, leveraging technological innovation as the driving force. Building on its established core technological strengths in areas such as sulfur recovery and sulfur-tolerant conversion, the company will actively explore new industries by seizing favorable policy opportunities. At the same time, it will strengthen its efforts in tackling cutting-edge technologies related to high-end chemicals and advanced materials, next-generation coal chemical processes, and renewable energy. Additionally, the company will enhance collaboration with universities and research institutions, pursuing a balanced approach that combines independent R&D with collaborative research initiatives. 2024 Year, the company applied for a patent. 27 Item (including invention patents) 12 Item: Utility Model Patent 15 Item), authorized patent 21 Item (including invention patents) 7 Item: Utility Model Patent 14 Item), significantly enhancing the company's technological development capabilities. The company will continue to maintain standardized operations, improve operational efficiency and profitability, and remain firmly rooted in the chemical and energy industries. We will steadily advance technological innovation and expand our industry chain, striving to build the company into a "value-driven enterprise" that is resource-efficient, technologically differentiated and competitive, and renowned for its high-end, premium-quality products. Thank you!

2 The company undertakes the general contracting of the "Thermal Energy Storage System" for CGN Delingha. 50MW "The trough-type concentrating solar power plant project" is China's first large-scale, commercially operational CSP project to begin construction—will there be opportunities for continued promotion and implementation?

Hello, thank you for your interest in 3D Chemistry! New energy has always been a top priority for the company’s business development. Leveraging our existing technological expertise, we have explored fields such as hydrogen energy, solar thermal energy storage, and compressed air energy storage, and have successively undertaken (or participated in) design or EPC projects, including: the Qingdao Hydrogen Energy Resource Base Project of Sinopec Qingdao Refining & Chemical Co., Ltd., and the Delingha project by China General Nuclear Power Group. 50MW Including the EPC project for the thermal storage system of a trough-type concentrated solar power plant, as well as the Jintan Salt Cavern Compressed Air Energy Storage National Demonstration Project, among others. The company will actively monitor business opportunities in these related fields, carefully evaluating factors such as policy guidance, project demonstration effects, and potential profitability. Thank you!

3 Lu Oil Lu Refining Project Total Investment 245 Hundreds of millions of yuan, 24 Year 12 Construction officially begins this month, with an estimated project duration. 2 Year 7 Months, 4 Month 10 The project has entered the stage of dismantling outdated equipment. The company was originally restructured from the Shengli Refinery—so is there any potential for it to benefit from this? Are there currently any projects that have been successfully awarded?

Hello, thank you for your interest in 3D Chemistry! 2025 Since this year, the company has leveraged its technological strengths and successively won bids for the Jun Dong project of Xinjiang Tianchi Energy Co., Ltd. 20 Billion cubic meters / Procurement services for the complete set of low-methane cascade refrigeration compressors for the annual coal-to-natural-gas project, technology licensing and design services for the sulfur recovery unit in the first-phase coal-to-oil project at the Hami Energy Integration Innovation Base of Xinjiang Hami Energy & Chemical Co., Ltd., a subsidiary of China National Energy Group, as well as the sulfur recovery unit for the Shenhua Baotou Coal-to-Olefins Upgrading Demonstration Project at Guoneng Baotou Coal Chemical Co., Ltd. EPC General Contracting, Jun Dong Wucainwan, Xinjiang Shanneng Chemical Co., Ltd. 80 Ten thousand tons / Sulfur recovery technology sources and process package technical services for the annual coal-to-olefins project, technology licensing and design services for the sulfur recovery unit in the Shenhua Yulin Circular Economy Coal Comprehensive Utilization Project of Guoneng Yulin Chemical Co., Ltd., and the sulfur recovery unit for the integrated salt-cave development project of Hubei Jinjiang New Materials Technology Co., Ltd. EP We provide engineering services for several new coal-to-chemicals projects, including procurement services for sulfur-tolerant shift catalysts and protective agents (second round) from CNOOC Huizhou Petrochemical Co., Ltd., as well as procurement services for sulfur-tolerant shift catalysts from Yankuang Coal Chemical Supply & Marketing Co., Ltd.'s Lunan Chemical Purification Workshop. Additionally, leveraging our existing technological expertise, the company continuously explores, integrates, and supports the development of the energy industry through technological innovation and strategic business partnerships, while steadily expanding our market presence. Should any relevant information arise, the company will promptly fulfill its disclosure obligations in accordance with applicable laws and regulations. Thank you!

4 Does your company have any intentions of pursuing horizontal or vertical mergers and acquisitions, aligned with the company’s strategic positioning?

Hello! First of all, thank you for your interest in 3D Chemistry! The company, according to “Technology + Engineering + The "Industry Integration" collaborative development strategy actively focuses on opportunities for external expansion. At the heart of M&A activities lies seamless post-merger integration, which requires careful decision-making and scientific implementation. Thank you!

5 Tianfeng Securities employs the segment valuation method and, referencing comparable company valuations, believes that the company 25 The reasonable market value for the year is 75 Hundreds of millions, corresponding to 25 Annual Target Price 11.59 Yuán maintains a "Buy" rating—do you think the company management agrees? We strongly recommend that the company repurchase shares for cancellation or equity incentives, fostering greater alignment between shareholders and employees, and boosting both investor confidence and the stock price!!!

Hello, thank you for your interest in the company. The core factors influencing the company’s market capitalization are its profitability and future growth potential. We will remain fully committed to optimizing our operations and production, actively pursuing opportunities for industrial chain expansion and external growth initiatives, and striving to enhance the company’s investment value. At the same time, we will diligently manage the company’s market capitalization by strategically leveraging measures such as dividend distributions, share buybacks and increases, and equity-based incentives—always making decisions with precision and prudence. Thank you!

6 When will the newly built production capacity begin generating revenue?

Hello! Thank you for your interest in 3D Chemistry! The company will actively and compliantly fulfill its disclosure obligations as the new project progresses. Thank you!

7 What industries will be the development priorities in Shandong's future?

Hello! Thank you for your interest in 3D Chemistry! Our company is headquartered in Linzi District, Zibo City, Shandong Province, where the chemical industry plays a pivotal and indispensable role. We hold Grade-A qualifications in the petrochemical and pharmaceutical sectors and are committed to continuously providing engineering design and EPC (Engineering, Procurement, and Construction) services tailored to the chemical industry. Thank you!

82020 Last year, the company's acquisition of Noah Chemical expanded its business into chemical product sales, achieving remarkable success. Now, we see an excellent opportunity in cellulose acetate—could we quickly enter this market and scale up through strategic external acquisitions? Thank you.

Hello, thank you for your interest in the company. The Cellulose Derivatives and Supporting Equipment Upgrade Project is a prudent decision made by the company after carefully considering multiple factors, including the promising market prospects of isooctanoic acid, cellulose, and their derivatives, as well as our inherent competitive advantages and the successful commercialization of our own R&D achievements. This product boasts high technological content and significant added value. However, external factors such as future macroeconomic conditions, industry competition, and shifts in market demand could potentially impact the project's profitability to some extent. Currently, the project is in the preparatory stage, and there remains a degree of uncertainty regarding its smooth implementation and whether it will meet the expected outcomes. The company will proactively fulfill its information disclosure obligations based on the project's ongoing progress. Thank you!

9 Does the company’s cellulose derivatives and its supporting equipment upgrade project still require approval and endorsement from the relevant government authorities?

Hello, thank you for your interest in our company! The Acetic Butyric Cellulose Product Optimization and Upgrade Technical Improvement Project aims to optimize and upgrade the product structure of the facility and its supporting systems, as well as enhance overall technical capabilities. This initiative is driven by a focus on technology and product differentiation, with the goal of expanding the company's market presence. "The aldol ester" industrial chain is deeply rooted in the field of advanced chemical materials, enhancing product precision and added value to help the company achieve rapid, high-quality growth. The project requires approval from relevant government departments, and the company will promptly fulfill its disclosure obligations as required. Thank you!

10 What is 3D Chemistry's revenue plan for the coming years?

Hello! Thank you for your interest in 3D Chemistry! The company, according to “Technology + Engineering + The "Industry Integration" collaborative development strategy actively explores new markets, ensuring that engineering orders are implemented safely and efficiently. Meanwhile, the industrial sector continues to expand into high-end new materials and specialty chemicals. Thank you!

11 , Company 25 Profit for the first quarter dropped significantly—what are the main reasons? Will conditions improve in the second quarter?

Hello! Thank you for your interest in 3D Chemistry! Due to fluctuations in the prices of certain chemical products, the company experienced a slight decline in first-quarter profits. We will do our utmost to optimize production operations and dynamically adjust capacity, striving to minimize the impact of cyclical market volatility. Details on our second-quarter performance will be disclosed in the company’s semi-annual report—please stay tuned. Thank you!

12 "May I ask, is the company satisfied with the current market capitalization? Is there room for improvement?"

Hello, thank you for your interest in the company! The company places great importance on its market capitalization performance and is committed to delivering strong returns to shareholders. Since going public, we have consistently provided shareholders with generous, uninterrupted dividends. At the same time, we actively respond to… The call for "dual improvements in quality and returns" has led to the establishment of the *Market Capitalization Management System*. The company’s stock price and market capitalization are primarily influenced by its profitability and future growth prospects. Moving forward, we will fully focus on optimizing production operations and strategic industry planning, leveraging our inherent strengths to unlock opportunities across the value chain and explore external growth avenues—all in an effort to deliver even greater returns to our investors. Thank you!

13 Currently, cellulose acetate is monopolized by foreign companies, leaving a significant domestic demand gap. So, why don’t our new projects leverage the company’s strengths in chemical industry design and construction to move straight into production? 5-10 Can the Wantong production capacity project better leverage economies of scale and enhance competitive advantages?

Hello, thank you for your interest in the company and for your valuable suggestions. The company's planned technical upgrade and capacity expansion project for cellulose acetate butyrate and its derivatives primarily includes products such as cellulose acetate, cellulose acetate propionate, cellulose acetate butyrate, and related derivatives, with a total planned production capacity of 1.5 Ten thousand tons. This product is a high-polymer fine chemical, and its core competitive advantage lies in its technological edge. Project planning must take into account various factors, including product market capacity, downstream demand, and industry support systems. Thank you!

14 Could you please tell me which are the company's key clients? And how is their business performing?

Hello, thank you for your interest in the company! Details regarding the company’s key customers and suppliers have already been disclosed in our periodic reports—please refer to the company’s relevant announcements for the latest information. Our engineering business primarily serves large state-owned enterprises and central government-backed companies, while our chemical business focuses on major players in the chemical industry. The company will continuously monitor customers’ business conditions and proactively implement measures to manage associated risks effectively. Thank you!

15 Could you please tell us about the company? 25 How much of the completed project volume for the year has yet to have its financial revenue confirmed? And how much will be confirmed in the first half of the year?

Hello! Thank you for your interest in 3D Chemistry! To 2025 Year 3 Month 31 Day, the amount of unfinished work orders signed by the company 167,064.56 Ten thousand yuan—please refer to the operating revenue details disclosed in the semi-annual report after the end of the six-month period.

16 Do you have a share repurchase plan?

Hello, thank you for your interest in 3D Chemistry and for your valuable suggestions! The company prioritizes shareholder returns, consistently providing shareholders with reasonable dividends since its listing—without interruption. As of 2025 Year 4 Month 30 Day, the company from 2010 Cumulative cash dividends since the year of listing 122,587.74 10,000 yuan (including tax), demonstrating the company’s commitment and original intention to reward its shareholders. We will carefully evaluate the situation—taking into account the company’s operational status, market performance, future growth plans, and funding requirements—and make well-informed, scientifically sound decisions to implement appropriate measures. For specific details, please refer to the company’s official announcement. Thank you!

17 Has the isooctanoic acid production line been built yet? It was announced last year. 24 Year 12 When will the newly completed facility officially begin full-load operation? The butyric cellulose acetate production line is expected to… 2025 Year 12 When will it be completed, and when can it officially begin full-load operation?

Hello, thank you for your interest in the company! Currently, the company is fully committed to advancing "Construction progress of the 'Acetate-Butyrate Cellulose Product Optimization and Upgrade Technical Renovation Project,' aiming to add new high-quality 'Isooctanoic Acid' production capacity. 50000 Ton / The project to swiftly complete construction and commence operations this year; preliminary preparations such as the technical feasibility study for the cellulose derivatives and their supporting facility upgrade project are progressing smoothly. The company will align these efforts with its own development strategy and make timely, prudent decisions on implementation. Moving forward, the company will promptly fulfill its information disclosure obligations in accordance with relevant laws and regulations. Thank you!

18 "May I ask, with the company holding such substantial cash reserves and maintaining a remarkably low debt ratio, do you have any expansion plans?"

Hello! Thank you for your interest in 3D Chemistry! Currently, the company has ample cash on hand, which can partially meet the needs of our current stage of development. On one hand, the company will fully leverage its strengths— "Integrating professional technical services, catalyst R&D and production, as well as chemical product manufacturing and sales"—this is "Technology" + Engineering + The "industrial" distinctive model, through continuous optimization and improvement, maintains the advanced nature of our facilities, steadily enhances production efficiency, and actively expands into downstream fine chemical products, striving for breakthroughs in high-value-added offerings. Meanwhile, the company is also proactively exploring opportunities for external expansion; however, the key to M&A lies in seamless post-merger integration, requiring careful decision-making and meticulous, science-based implementation. Thank you!

List of Attachments (if any)

None

Date

2025 Year 5 Month 15 Day