On July 18th, Gelunhui reported that Ping An Electric (001359.SZ) stated on its investor interaction platform that the company's product line covers many series of products including insulating mica paper and new energy insulation materials. The product system spans multiple sectors of the mica products industry chain, and the mica raw materials used by the company are mainly sourced from overseas. The company will create a stable, efficient, and sustainable mica raw material supply system through the construction of a new artificial synthetic mica production line, the establishment of a diversified mica raw material strategic supply system, and an automated grading and sorting system for mica raw materials. The company will also actively explore emerging markets such as new energy vehicles, energy storage systems, wind power and photovoltaics, and rail transportation, which are continuously expanding the application field of mica materials.