Dear Chairman, does the company have hydraulic oil products?
Dear investors, the company has a full range of hydraulic oil products that can meet most application scenarios in the market. Among them, Copton Weida Anti-Wear Hydraulic Oil won the LubTop 2023 User Trusted Industrial Lubricant Award. Thank you for your attention.
Happy New Year. May I ask about the company's layout and progress in water electrolysis hydrogen production? Thank you.
Dear investor, hello. Since October 2021, the company has successively increased capital and invested in Qingdao Chuangqi Xinneng Catalysis Technology Co., Ltd., which is mainly engaged in the R&D, testing, and production of catalysts for the hydrogen energy industry chain including hydrogen production, hydrogen storage, and fuel cells, and Qingdao Chuangqi Xinde New Energy Technology Co., Ltd., which is mainly engaged in industrial by-product hydrogen power generation, water electrolysis hydrogen production equipment, hydrogen production, storage, and transportation equipment such as liquid organic hydrogen storage and ammonia hydrogen storage, as well as overall application solution design; CCM double-sided direct coating technology, membrane electrode, bipolar plate, and stack R&D and production technology. For details, please refer to the "Announcement of Qingdao Copton Technology Co., Ltd. on the Investment by Holding Subsidiaries and the Company's Cumulative Investment in the Past Year Reaching 10% of Net Assets" (2022-003) released on March 1, 2022. Thank you for your attention.
Are the lubricants and coolants produced by the company applicable to low-altitude aircraft?
Dear investors, the lubricants and coolants produced by the company can meet the lubrication and cooling needs of most machinery and related structures in modern production and daily life. The company has rich R&D experience and technical reserves for lubricant and coolant products, and can develop customized products according to customer requirements. At present, the company has no supporting products for flying cars. Thank you for your attention.
It is reported that Qingdao Tongqinghu Hydrogen Energy Technology Co., Ltd. has a contract dispute case with the Huantai County government that will be heard soon. Is this true? Will it affect the company's business layout? Thank you.
Dear investor, hello. The investment agreement between the company's holding subsidiary Hydrogen Technology and the Huantai government has been signed as scheduled. Currently, Hydrogen Technology is carrying out investment and construction work in an orderly manner according to the contract. Thank you for your attention.
Dear Chairman, a professional question: What is the current domestic market share of domestic lubricants for passenger vehicles? Please inform us, thank you.
Dear investors, this data belongs to national statistical data, and the company has no access to authoritative data sources. Please consult relevant national authoritative institutions for specific figures. Thank you for your attention.
Hello, Secretary! According to some reports, because the demand for lubricating oil for pure electric vehicles is 50% to 70% less than that for internal combustion engines, with the increase in penetration of new energy vehicles, especially pure electric vehicles, the lubricating oil market may start to decline as early as 2025. How does the company plan to respond to the future market to maintain stable performance growth? Thank you!
Dear investor, hello. The company will continue to consolidate and strengthen its various businesses, focus on building its core value, and maintain stable performance growth. In the future, the company's directors, supervisors, and senior management will continue to do a good job in all aspects of management as always, continuously enhance the company's core value, and reward investors with excellent performance. Thank you for your attention.