Shanghai Daoqin Plastics Co., Ltd.

         high new 材10 month 18 day 晚间披露2019 year 三季报, company in report achieve 营业收入7.32 100 million yuan, year-on-year decrease/reduce 4.64%; achieve profit 1.4 100 million yuan, year-on-year growth 109.91%; achieve basic 每股收益0.52元.

         high new main/primary business separation large type: is viscous agent business, company 自1999 year formed 立以, 一直专注于 high property can polyurethane ester viscous agent, in toward provide viscous agent product meanwhile force is its provide property 化, system property bonding solutions, product types type plastics soft packaging use composite/compounding polyurethane ester viscous agent, ink material, high-speed rail use polyurethane ester viscous agent, light material composite/compounding use viscous agent and other large type multiple product, product widely used in packaging, printing, 交通运输, safety anti 护, use electrical appliances, construction material and other important industry or field/area. is use plastics parts business, main/primary product plastics seals, plastics decrease 震缓冲材, other automotive use related product and other.

         high new 材 三季报经营业绩之 therefore can large growth, main/primary is is and upper year versus ratio, Raw Materials price decline, company product gross profit rate 逐渐回归 to combined water 平; another, company product structure adjustment, 财务费 use decrease/reduce, and company assets quality and tube/pipe improvement and other.

         value attention/notes is, high new year 一季报, semi year and 三季报净 profit maintain relatively high growth speed degree, profit increase speed separation to 91.49%, 138.61% and 109.91%. high new 材2019 year full year 业绩同样也 will relatively high growth speed degree. high new expected 2019 year achieve profit 1.83 100 million yuan 至2.07 100 million yuan, year-on-year growth 118.2%至147.9%, upper year 同期净 profit is 8368.12 10,000 yuan.

         for/regarding full year large increase causes, high new understanding 释说, company business maintain stability development, especially in inner automotive amount large lower slip 严峻形势 lower, plastics still maintain will 近10% growth; and upper year versus ratio, viscous agent business Raw Materials price decline, company product gross profit rate 逐渐回归 to combined water 平;受益于2018 year company 开展 一 series increase strategy and tube/pipe improvement as, year company product structure optimization, 财务费 use decrease/reduce, assets quality improvement loss reduce, assets add fast can force reinforcement and other and other, promote company large growth.

         another, high new 材曾于2019 year 5 month 7 day 召开2018 year degree shareholder large 会审议 through future month has inner use ultra- 3.5 100 million yuan has 资金进行委托理财, 截至2019 year 9 month company has 资金购买银行理财 product is 4.16 100 million yuan.

         high new 材10 month 18 day announcement, is improve/increase company has use efficiency, reduce cost, in ensure effect/influence company positive 常经营 front lower, company board of directors use has 资金进行委托理财不 ultra- 3.5 100 million yuan improve/increase ultra- 7 100 million yuan, its 余实施情况, has 效期截止 day and other and 2018 year degree shareholder large 会审议 through 一致.