Ruitai Technology: Glass kiln refractory faucet new market development effective

(1) Casting refractory faucet for medium and high grade glass kiln. The company inherits the technical strength of the China Building Materials Institute Refractory Research Institute. It is the only enterprise in China that has the patent and independent intellectual property rights of fused cast alumina products and can be scaled up. It has built China's largest refractory refractory production base, and its main products are cast zirconium. Corundum and fused alumina are mainly oriented to the middle and high-end market. In the field of medium and high-grade fused cast refractories, the company and the Zibo Asahi Glass and Beijing Xipu (both Sino-foreign joint ventures) account for 80%-90 of the high-end fused cast refractory market. %, with strong market control.
(2) The market development of refractories for cement kiln will become the driving force for the company's subsequent growth. Since its listing, the company has mainly focused on the refractory market in the glass industry. However, in the past two years, the company has pursued a strategic transformation and gradually expanded into the refractory market in the cement industry. We believe that due to the country's capacity expansion in industries with overcapacity such as glass and cement, the demand for refractory materials for new production lines will be greatly reduced next year, and the company's glass refractory revenue growth will face deceleration.
However, considering the substantial growth of the company's cement refractory capacity and the company's strong technical and brand advantages and market development capabilities, we believe that the company's revenue and profit will continue to grow steadily and rapidly in the next two years.
(3) Strong shareholder background provides strong support for the company's business. The company's major shareholder, China Construction (3.43,0.00,0. 00%), is the largest comprehensive research institute and technology development center in China's domestic building materials and inorganic non-metallic new materials. Most of the refractory technology in the building materials industry has originated here, and the major shareholders have strong technical strength and reserves. The company's actual controller China Building Materials Group is a large-scale building materials central enterprise, which has a huge cement production capacity of hundreds of millions of tons, which provides strong support for the company's subsequent cement refractory market development.

Extrusion Tube

Extrusion Tube,Pvc Tube Mold,Pvc Extension Tube,Pvc Flexible Tube

Wuxi Jierui Changkun New Material Technology Co., Ltd , https://www.jrck-plastic.com