2-ply Guofeng New Materials (000859.SZ): No production of polyester based film products for MLCC release films

Zhitong Finance App News, Guofeng New Materials (000859.SZ) issued an announcement. The company recently paid attention to online media reports and rumors about the construction of the G1 line of the company's optical grade polyester base film project with an annual output of 1 billion square meters. Although the company's annual output of 1 billion square meters of optical grade polyester film G1 line has completed equipment installation, it is still in the stage of equipment debugging and detailed adjustment of process parameters. There is no production of polyester base film products for MLCC release films.

The company still requires a certain cycle of steady state operation verification and process finalization of the G1 line with an annual output of 1 billion square meters of optical grade polyester base film, and the polyester base film for MLCC release films requires extremely high product quality, batch stability and cleanliness. The company still lacks large-scale mass production experience in this product field, so there is great uncertainty about core indicators such as product mass production time, initial qualification rate and unit cost.