A-share changes | Saite New Materials (688398.SH) rose more than 6% in early trading, and the new national standard for refrigerators is expected to increase VIP penetration. The company's business has been extended to the high-end pharmaceutical cold chain

The Zhitong Finance App learned that Saite New Materials (688398.SH) rose nearly 6% in early trading. As of press release, it had risen 6.12% to 23.06 yuan, with a turnover of 32.7419 million yuan.

According to the news, the new energy efficiency regulations for refrigerators were officially implemented in June, which is expected to increase the increase in demand for VIP panels. Changjiang Securities pointed out that at present, the penetration rate of VIP materials for domestic refrigerators is less than 5%. If they target Europe, Japan, and South Korea, they have great potential. As the top in the global industry, SAITE New Materials has a lot of room for future flexibility and share growth.

According to Guolian Minsheng Securities, the cold chain is one of the rapidly progressing application scenarios in the company's non-home appliance business. Saite New Materials has extended passive vacuum insulation technology to the field of biopharmaceuticals refrigerated at 2-8℃, covering cold chain logistics distribution scenarios for drugs such as simeglutide and insulin, and has achieved mature commercial application. Vacuum glass is the second curve of SAITE's new materials along the same origin as vacuum insulation technology; the platform-based extension of high barrier films and cryogenic and aerospace applications determine the company's longer-term valuation ceiling.