Bojie New Materials: The company's ultrafine copper powder and silver-coated copper powder-related products have entered the photovoltaic metallization materials supply chain.

Recently, Boqian New Materials released a record of investor relations activities. It noted that in the field of silver-free and silver-reduced photovoltaic applications, the company is one of the few domestic enterprises capable of large-scale production of ultrafine copper powder and silver-coated copper powder via the PVD method, and related products have entered the supply chain for photovoltaic metallization materials. Looking ahead, against the backdrop of high silver prices, the momentum for industrialization in directions such as silver reduction, silver-coated copper, and pure copper is strengthening, with room for development in the medium to long term; at the same time, investors are reminded that the photovoltaic industry is subject to significant cyclical fluctuations, and the large-scale application of copper-in-place-of-silver technology must balance battery conversion efficiency, product reliability, production yield, and overall cost. The verification and introduction cycle for downstream customers may be relatively long, and if industry competition intensifies in the future, the processing fees and profitability of related products may also fluctuate. Investors are kindly reminded to be aware of investment risks.