Gaomei New Materials: Profit margin of new energy adhesive is under pressure, currently in communication with customers about price increases.

Investors have asked questions about Gaoming New Materials on the interactive platform, with the market concerned about the company's new energy adhesive volume falling short of expectations, the continuous decline in gross profit margin, and worsening cash flow. How does the company respond to these concerns? In response, Gaoming New Materials stated on the platform on June 12 that the company's new energy adhesive business is steadily progressing and steadily growing. Due to market competition pressure, rising domestic chemical raw material prices, and other factors, the gross margin of new energy adhesive is indeed under great pressure. The company is actively communicating with customers about price increases. Due to long customer repayment periods, low gross profit margins, and business being in a relatively fast growth stage, cash flow will be affected in the short term, but it will improve once business growth stabilizes.