Lin Qian, Li Lanjun, China Securities News, China Securities Network
China Securities Network News (reporter Lin Qian, Li Lanjun) On May 18, Shanghai Zhaomin New Material Technology Co., Ltd. (hereinafter referred to as Zhaomin Technology) made an initial public offering of shares and was listed on the ChiNext board. Xiao Jun, secretary of the board of directors, director and deputy general manager of Zhaomin Technology, said in response to investors' questions that in recent years, the promotion of automobile "lightweight" technology has also provided a strong help for precision injection molded parts to achieve "plastic instead of steel" in auto parts, and has become the market driving force for the company's business growth. With the transfer of the upstream industrial chain of automobiles to China, the localization process of auto parts has gradually accelerated, and the upstream enterprises of the domestic new energy automobile industry chain have obtained good development opportunities. In addition, due to the increasingly fierce competition in the household appliance industry, high-end kitchen and bathroom home appliance companies have achieved cost reduction and efficiency improvement in product iteration upgrades, and used plastic parts instead of metal parts for some household appliance parts, providing the company with incremental market demand.
![Xiao Jun, member of the Party Committee and deputy director of the Guizhou Provincial Sports Bureau, and his party went to Liupanshui City to investigate the preparations for the Eleventh Provincial Games[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)