Core Viewpoint - China Shenhua's board approved a restructuring plan to acquire equity stakes in 12 target companies from its controlling shareholder, China Energy Group, for a total transaction value of 133.598 billion yuan, making it the largest acquisition in the A-share market [1][2]. Group 1: Acquisition Details - The acquisition includes 13 companies, with notable assets such as Xinjiang Energy's coal production capacity of 101.5 million tons per year and Uhuai Energy's certified total capacity of 15 million tons [2]. - The coal chemical company involved has unique projects, including the world's only million-ton coal direct liquefaction and the first set of 600,000 tons/year coal-to-olefins [2]. - The transaction will increase China Shenhua's coal reserves to 6.849 billion tons, a 64.72% increase, and its recoverable coal reserves to 3.45 billion tons, nearly doubling its capacity with a 97.71% increase [3]. Group 2: Financial Impact - Post-transaction, China Shenhua's total assets will rise to 896.587 billion yuan, with equity attributable to shareholders at 419.038 billion yuan and a debt-to-asset ratio of 43.55% [5]. - The total operating revenue is projected to reach 206.509 billion yuan, with a net profit attributable to shareholders of 32.637 billion yuan [5]. Group 3: Strategic Positioning - This acquisition will further solidify China Shenhua's position as a leading global integrated energy company and enhance its capabilities in the coal chemical and new materials sectors [4].

Group 1 - The global nylon market is expected to exceed $47 billion, driven by advancements in applications such as new energy vehicles, electronics, and robotics, indicating a robust growth trajectory for the industry [2] - The upcoming "2026 Advanced Nylon Industry Innovation and Application Development Conference" aims to address challenges and strategies in technology innovation, cost reduction, and market expansion within the nylon industry [2][4] - The conference will feature over 300 participants from domestic and international nylon enterprises, facilitating effective resource connections and collaboration opportunities [5] Group 2 - The agenda includes discussions on the innovative applications of nylon in the automotive and electronics sectors, as well as case studies on lightweight structures for low-altitude flying vehicles and embodied robots [8] - Topics will cover nylon modification and innovative material selection, including the development of flame-retardant systems and new additives, as well as advancements in recycling technologies [9] - The conference will also explore the development of new nylon resins and monomers, focusing on domestic key raw materials and their supply-demand analysis [9]

Core Viewpoint - The article discusses the upcoming 2026 International Forum on Marine Corrosion and Anti-Fouling, focusing on key materials and technologies in the marine industry, highlighting the importance of innovation and collaboration among young scientists and industry experts [3][8]. Group 1: Conference Overview - The forum will take place on April 8, 2026, in Qingdao, featuring a format of 10-minute presentations followed by expert commentary to encourage young scientists [3]. - The event aims to analyze global marine equipment corrosion and anti-fouling technologies, sharing innovative methods and transformative technologies in marine key materials [8]. - The conference will include a main conference, 12 specialized forums, and various networking activities, inviting global government departments, industry organizations, experts, and corporate representatives [8]. Group 2: Specialized Forums - **Forum 1: Marine Key Materials** will cover topics such as marine anti-corrosion and anti-fouling materials, new materials for hull drag reduction and noise reduction, and materials for seawater desalination [22]. - **Forum 2: Corrosion and Protection Technologies** will focus on new mechanisms of marine corrosion and fouling, protective and monitoring technologies, and the innovative application of artificial intelligence [23]. - **Forum 3: Erosion and Protection Technologies** will explore micro-motion wear mechanisms, high-temperature friction wear mechanisms, and protective technologies for erosion and cavitation [23]. Group 3: Key Topics and Innovations - The conference will address innovative marine functional materials, including new anti-corrosion coatings and eco-friendly anti-fouling agents [19][20]. - Discussions will include advancements in marine structural materials, such as various alloys and composite materials suitable for marine environments [19]. - The application of digital technology and artificial intelligence in corrosion simulation and monitoring will be a significant focus, enhancing predictive maintenance and safety assessments [20]. Group 4: Industry Applications - The forum will highlight the corrosion protection needs of various marine sectors, including shipbuilding, offshore oil and gas, and marine renewable energy [21]. - Specific discussions will cover the requirements for corrosion protection in underwater oil and gas production facilities and marine renewable energy systems [21]. - The event will also address the challenges posed by extreme environments, such as polar conditions, on marine engineering materials [21].

【DT新材料】 获 悉， 北京证券交易所上市委员会2025年第45次审议会议结果公布，专业 从事陶瓷管壳和封装散热基板等功率半导体器件关键部件研发、制 造和销售的 赛英电子 ，符合发行条件、上市条件和信息披露要求，成功过会。 公司的主要产品是晶闸管用 陶瓷管壳、平板压接式IGBT用陶瓷管壳、平底型散热基板、针齿型散热基 板 。产品应用于特高压、新能源汽车、轨道交通等领 域。公司掌握高密度等静压陶瓷金属化等核心技术，主导制定IGBT平板 陶瓷管壳行业标准。 凭借多年技术积累，公司已与 英飞凌、日立能源、中车时代、 斯达半导等国内外功率半导体龙头企业 建立长期合作关系，其产品质量与技术实力获得行业认可。 01 功率模块的"上限瓶颈"，正在被散热结构重新定义 功率器件封装结构示意图（ 来源：洞见热管理绘制 ） 常见的几种散热技术如下所示： 功率器件热管理技术（来源：洞见热管理整理） 02 平底型与针齿型散热基板，为什么开始成为"量产标配" 赛英电子的产品主要用于的就是该功率器件模块结构中的 散热基板（平底型封装散热基板、针齿型封装散热基板） 如下图所示，主要 用于IGBT功率器件、 工业控制、新能源发电、新能源汽车 ...

Core Viewpoint - The article discusses the upcoming Future Industries New Materials Expo 2026 (FINE2026), focusing on five common demands in future industries, including advanced semiconductors, advanced batteries, lightweight materials, low-carbon sustainability, and thermal management [1]. Group 1: Company Developments - Hongchang Electronics announced the completion of its "Functional High-End Copper Clad Laminate Electronic Materials Project," which will produce 7.2 million high-end copper clad laminates and 14.4 million meters of semi-cured sheets annually [1]. - The company adjusted the expected operational date for its "80,000 tons of electronic-grade functional epoxy resin project" from December 31, 2025, to June 30, 2026, based on the project's actual progress [3][4]. Group 2: Project Investments - The total investment for the epoxy resin project is 420.99 million yuan, with 171.36 million yuan sourced from raised funds, and the construction period is set for 24 months [2]. - The project will produce various types of resins, including 50,000 tons of low-bromine epoxy resin, 5,000 tons of high-bromine epoxy resin, 4,500 tons of lead-free epoxy resin, 10,000 tons of solvent-based epoxy resin, 10,000 tons of solid epoxy resin, and 500 tons of high-frequency and high-speed resin [2]. Group 3: Industry Context - The FINE2026 expo will feature over 800 participating companies, research institutions, and thematic forums, highlighting China's rise in future industries and its leadership in global new materials innovation [6]. - The expo will cover various sectors, including advanced semiconductors, AI, quantum technology, and smart vehicles, showcasing the latest advancements in materials and devices [7].

2026未来产业新材料博览会 （FINE），围绕机器人、汽车、无人机、数据中心、航空航天、AI、新能源等未 来产业共性需求特设6大展区， N3 先进电池与能源材料展区 聚焦 固态 电池 、钠电池、钙钛矿 等 ， 欢迎咨询：18957804107 【DT新材料】 获悉， 近日， 上海格派镍钴材料股份有限公司 （以下简称"格派镍钴"）宣布完成F轮融资，获投金额近亿元。 近年来，公司加速向固态电池下游延伸，已建成标准化固态电解质固相反应中试线，具备从材料合成到电芯制备的全流程开发能力。 在固态电解质方面 ，格派镍钴开发了复合固态电解质（SSE）和准固态复合电解质（QSSE）。其准固态电解质在室温下电导率可达10⁻² S/cm，锂离子迁移数高达 0.75，电化学窗口约4.8 V。借助PTFE复合薄膜，该材料在锂金属/ LiFePO₄全电池中实现133 mAh/g的比容量及98.6%的库仑效率。 同时，公司研发的MOF原位聚合复合电解质膜，在室温下离子电导率超过10⁻⁴ S/cm，锂离子迁移数0.77，电化学窗口高达5.67 V，并能有效抑制锂枝晶生长，使 电池在1.0 C倍率下达到124.2 mAh/g的比容量，库仑 ...

Core Viewpoint - The article discusses the urgent need for Sustainable Aviation Fuel (SAF) in China, highlighting the growing demand for aviation fuel and the challenges posed by carbon emission reduction requirements. It emphasizes the importance of SAF in achieving carbon neutrality goals by 2050 and outlines the technological advancements and strategies being developed to meet this demand [4][5][19]. Group 1: Industry Demand and Policy - China's aviation fuel consumption is projected to reach nearly 40 million tons in 2024, with CO2 emissions of 126 million tons, and is expected to grow to over 76 million tons by 2040-2045 [4][19]. - The International Civil Aviation Organization (ICAO) has set a carbon neutrality target for the aviation industry by 2050, with a zero growth target for carbon emissions from 2021 to 2035 [4]. - The ReFuelEU regulation mandates a blending ratio for SAF of 2% by 2025, 6% by 2030, and 70% by 2050, indicating a strong policy push for SAF adoption [9]. Group 2: Technological Development - The HEFA (Hydroprocessed Esters and Fatty Acids) route currently dominates the SAF production landscape, accounting for approximately 80% of the expected production in the next five years [20]. - HEFA technology utilizes waste oils and fats, achieving a carbon emission reduction of 65%-85% compared to traditional jet fuel, but faces raw material supply challenges [23][25]. - Sinopec's research institute is developing five technological routes to diversify raw material sources and address supply bottlenecks, including HEFA, gasification-Fischer-Tropsch, ethanol-to-jet fuel, waste plastic pyrolysis, and electrochemical conversion [26][31]. Group 3: Market Opportunities and Challenges - The SAF market in China is expected to grow significantly, with existing production capacity of approximately 1.05 million tons per year and planned additional capacity of 5.8 million tons per year by 2024 [37]. - Despite the high cost of SAF, which is 2-3 times that of traditional jet fuel, there is a lack of terminal subsidies and product prioritization mechanisms in China, unlike in the US and EU [37]. - The article concludes that achieving the ambitious SAF production targets will require a combination of technological innovation, raw material security, and supportive policies [38].

Core Viewpoint - Inner Mongolia Shuangxin Environmental Protection Materials Co., Ltd. (Shuangxin Environmental) was listed on the Shenzhen Stock Exchange on December 30, with a closing price of 19.68 yuan, an increase of 187% from the issue price. The company plans to raise 1.865 billion yuan for various projects, marking the largest IPO in the chemical industry in A-shares in the past two years [1]. Fundraising Projects - The company plans to invest the raised funds in several projects, including: - Annual production of 16,000 tons of PVB resin and functional films, with an investment of 557.53 million yuan [2]. - Annual production of 60,000 tons of water-based adhesives, with an investment of 351.58 million yuan [2]. - Energy-saving and efficiency improvement projects for the PVA industry chain and calcium carbide production line, with investments of 170.50 million yuan and 120 million yuan respectively [2]. - Construction of a PVA product pilot device and a research center, with investments of 79.26 million yuan and 169.02 million yuan respectively [2]. - Total planned investment amounts to 1.877 billion yuan [2]. Industry Position - Shuangxin Environmental was established in 2009 and has built a complete industrial chain from limestone to special fibers. It is recognized as a national-level "little giant" enterprise specializing in new technologies [2]. - The company is a leading producer of polyvinyl alcohol (PVA) in China, with a production capacity of 130,000 tons per year, accounting for approximately 13% of the domestic market share [3][4]. Market Dynamics - The global PVA production capacity is approximately 1.834 million tons per year, with the Asia-Pacific region accounting for over 82% of the total. China is the largest producer, with a capacity of about 1.096 million tons [3]. - The market for PVA products is expanding, particularly in high-value applications such as PVB films and biodegradable water-soluble films, as international giants exit the market [5]. Financial Performance - The company's revenue for 2022-2024 is projected to be 5.06 billion yuan, 3.78 billion yuan, and 3.486 billion yuan respectively, with net profits of 807 million yuan, 558 million yuan, and 521 million yuan [6]. - As of the first half of 2025, the company reported revenue of 1.797 billion yuan and a net profit of 281 million yuan [6][7].

Core Viewpoint - The article highlights the significance of the 2026 Future Industries New Materials Expo (FINE2026), focusing on five common demands in future industries, including advanced semiconductors, advanced batteries, lightweight materials, low-carbon sustainability, and thermal management [1]. Group 1: Event Overview - FINE2026 will feature an advanced semiconductor exhibition area, showcasing next-generation semiconductors such as diamond, silicon carbide, and gallium oxide, along with crystal growth, ultra-precision processing, and advanced packaging [1][3]. - The expo is scheduled to take place from June 10 to June 12, 2026, and will host over 800 participating companies, 200 research institutions, and 30 thematic forums covering various sectors like robotics, low-altitude economy, consumer electronics, and aerospace [4]. Group 2: Company Developments - ShangSai (Huanggang) New Materials Co., Ltd., a subsidiary of Wuhan ShangSai Optoelectronics Technology Co., Ltd., specializes in the research, production, and sales of new OLED materials, including fluorescent and phosphorescent materials, and has established a stable supply chain with major manufacturers [2]. - On December 25, a new pilot project for a thousand-ton-level photoresist resin material and new optoelectronic materials commenced in Huanggang Chemical Industry Park, with a total planned investment of 500 million yuan [1].

Core Viewpoint - Spiber, a Japanese unicorn company specializing in spider silk protein fibers, is advancing its business through strategic partnerships and innovative material development, aiming for significant growth in the sustainable fashion and personal care sectors [1][4][5]. Group 1: Business Developments - Spiber has signed a business support agreement with Maya Kawana, who will begin her work in the first half of 2026, aiming to leverage synergies for further development and value creation [2]. - The company raised 10 billion yen (approximately 65 million USD) in its ninth funding round, marking a significant milestone in its financial growth [4]. Group 2: Product Innovation - Spiber has developed Brewed Protein™, a synthetic spider silk material that boasts four times the toughness of steel at the same size, comparable elasticity to nylon, and excellent heat resistance up to 300°C [6]. - The Brewed Protein™ material is biodegradable in natural soil and seawater, potentially enabling a closed-loop supply chain for sustainable production [6]. Group 3: Production Capacity - As of 2024, Spiber's annual production capacity is between 200-300 tons, making it the only industrial-scale protein fiber that meets ISO standards, with plans to expand production to 1,000 tons in the coming years [7]. Group 4: Market Presence - Spiber has established a growing sales network, collaborating with 20 brands and launching 86 products, including partnerships with renowned companies like North Face Japan and Goldwin [9]. - The collaboration with Goldwin has reached its tenth year, focusing on high-performance tech apparel made entirely from Brewed Protein™ [10][11]. Group 5: Future Directions - The company is focusing on reducing dyeing process pollution and utilizing renewable agricultural by-products as raw materials for future product lines [14].