Taihe New Material: Due to the increase in the demand for aramid fibers, the market share in the optical cable industry has reached approximately 60% to 70%.

Taihe New Materials announces the investor relations activity record form. The company's aramid plate sector shows an increase in volume, income, and profit, with prices improving compared to the end of last year. In the optical cable sector, aramid accounts for about forty to fifty percent of applications, with the company holding a market share of around sixty to seventy percent in the domestic optical cable industry. The overall operating rate of aramid is about seventy to eighty percent, with the middle aramid being on the high side and the aramid used for optical cable on the low side. However, the utilization rate of the aramid capacity has increased year-on-year. In the middle aramid segment, products related to protection have higher added value, while in the aramid used for optical cable, products related to bulletproofing and rubber have higher added value. As for spandex, the current operating rate is about seventy to eighty percent, and it has been in a state of reducing losses in the first half of the year. The price trend in the following months needs to be observed in September and October. The technical transformation of spandex is expected to be completed by the end of the year, with the operating rate expected to increase to eighty to ninety percent next year.