Taihe New Materials released an investor relations activity record notice. The company's aramid sector volume, revenue, and profit are all on the rise, and prices have improved compared to the end of last year. The optical cable sector accounts for about 40% to 50% of the application of counteraramid, and the company's share in the domestic optical cable field is about 60% to 70%. The overall operating rate of aramid is about 70% to 80%. Among them, intermediate aramid is high and counterpart aramid is low, but the utilization rate of counterpart production capacity has increased over the same period last year. The added value of protection-related products in meta-aramid is high, and the added value in bulletproof and rubber-related fields in counterpart aramid is high. In terms of spandex, the current operating rate is about 70% to 80%. Losses were reduced in the first half of the year. Subsequent price trends need to be observed in September and October. The technical reform of spandex is expected to be completed by the end of the year, and the operating rate is expected to rise to 80 to 90 percent next year.

Taihe New Materials released an investor relations activity record notice. The company's aramid sector volume, revenue, and profit are all on the rise, and prices have improved compared to the end of last year. The optical cable sector accounts for about 40% to 50% of the application of counteraramid, and the company's share in the domestic optical cable field is about 60% to 70%. The overall operating rate of aramid is about 70% to 80%. Among them, intermediate aramid is high and counterpart aramid is low, but the utilization rate of counterpart production capacity has increased over the same period last year. The added value of protection-related products in meta-aramid is high, and the added value in bulletproof and rubber-related fields in counterpart aramid is high. In terms of spandex, the current operating rate is about 70% to 80%. Losses were reduced in the first half of the year. Subsequent price trends need to be observed in September and October. The technical reform of spandex is expected to be completed by the end of the year, and the operating rate is expected to rise to 80 to 90 percent next year.