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].

Core Viewpoint - The article discusses the upcoming 2026 International Forum on Marine Corrosion and Fouling Prevention and Marine Key Materials, highlighting the importance of marine materials and technologies in response to national initiatives for upgrading traditional marine industries and fostering new productive forces in the marine sector [8]. Group 1: Conference Overview - The forum will take place on April 8, 2026, in Qingdao, featuring various activities including keynote speeches, specialized forums, and a youth forum aimed at encouraging young scientists [8]. - The event is organized by the National Key Laboratory of Marine Key Materials in collaboration with several prestigious institutions, including the Chinese Academy of Sciences and China Shipbuilding Group [11][12]. Group 2: Specialized Forums - The conference will include three specialized forums focusing on: 1. Marine Key Materials: Topics include marine corrosion and fouling materials, new materials for hull drag reduction and noise reduction, and materials for deep-water composite pipes [22]. 2. Corrosion and Protection Technologies: Discussions will cover new mechanisms of marine corrosion, protective technologies, and the application of artificial intelligence in these fields [23]. 3. Erosion and Protection Technologies: This forum will explore wear mechanisms, high-temperature wear studies, and protective technologies for materials under multi-phase flow conditions [23]. Group 3: Youth Forum - The youth forum will adopt a format of 10-minute presentations followed by expert evaluations, aiming to highlight key scientific issues and innovative solutions proposed by young researchers [6][24]. Group 4: Industry Applications - The conference will address the latest demands in traditional and emerging marine industries, including: 1. Shipbuilding: Focus on corrosion protection needs for various ship structures and green ship fuel requirements [21]. 2. Marine Oil and Gas: Discussing protective needs for underwater production facilities and pipelines [21]. 3. Marine Clean Energy: Covering offshore CCUS projects, hydrogen production systems, and offshore wind and solar energy technologies [21]. 4. Deep-Sea Technology: Addressing needs for underwater production devices and deep-sea mining [21]. Group 5: Special Activities - The forum will feature special activities such as product and technology exhibitions, technology matchmaking sessions, and academic poster displays to facilitate collaboration between industry and academia [24].

Core Viewpoint - CATL is making significant strides in the energy sector by diversifying its investments into water power and semiconductor industries, indicating a strategic shift towards becoming a comprehensive energy service provider and enhancing its competitive edge in the clean energy market [2][4][6]. Group 1: Energy Sector Developments - CATL has signed multiple contracts for energy storage, including a 50GWh contract with Siyi Electric and a contract of no less than 200GWh with Haibo Shichuang, alongside a 10-year deepening contract with Lantu Automotive for high-end technologies [1]. - The company is set to apply sodium batteries on a large scale in 2026 across various sectors, including battery swapping and energy storage, which is expected to create a new trend of "sodium-lithium dual stars" [1][2]. - CATL's investment in the Dadu River hydropower project, with a total investment of 15.273 billion yuan and a capacity of 1.15 million kilowatts, reflects its strategy to secure high-quality energy assets and transition towards a comprehensive energy service provider [3][4]. Group 2: Semiconductor Sector Developments - CATL has entered the semiconductor industry by investing in the establishment of Ziguang Tongxin Microelectronics Technology Co., with a registered capital of 300 million yuan, where CATL holds a 5% stake [5][6]. - The acquisition of automotive domain control chip assets from Ziguang Tongxin positions CATL to play a crucial role in the automotive smart core components sector, enhancing its capabilities in intelligent vehicle technology [6]. - CATL has previously invested in various semiconductor companies to build a self-controlled chip supply system, ensuring the needs of its battery systems are met [6]. Group 3: Broader Investment Landscape - CATL's investment portfolio extends beyond energy and semiconductors, including significant investments in electric vehicle companies and the eVTOL sector, indicating a broadening of its strategic focus [6][7]. - The company has also invested in robotics, leading funding rounds for companies like Xinuo Future and Galaxy General, showcasing its interest in the burgeoning robotics field [7].

Core Viewpoint - The article discusses the upcoming 2026 Future Industry New Materials Expo, focusing on the demand for lightweight, high-strength, and sustainable materials across various industries such as robotics, automotive, drones, data centers, aerospace, AI, and new energy sources [1][5]. Summary by Sections Anti-Dumping Measures - The Ministry of Commerce announced a review of anti-dumping measures on imports of ethylene-propylene rubber from the US, South Korea, and the EU, effective from December 20, 2025 [1]. - During the review period from July 1, 2024, to June 30, 2025, the same anti-dumping tax rates will continue to apply as per the 2020 announcement [2]. Anti-Dumping Tax Rates - The anti-dumping tax rates for various companies are as follows: - US companies: 222.0% for Dow Chemical, 214.9% for ExxonMobil, and 219.8% for both Arlanxeo US and other US companies [3]. - South Korean companies: 12.5% for Kumho Polychem, 21.1% for Lotte Chemical, and 24.5% for other South Korean companies [3]. - EU companies: 18.1% for Arlanxeo Netherlands, 14.7% for ExxonMobil Chemical France, and 31.7% for other EU companies [3]. Exhibition Details - The expo will feature six major exhibition areas, including a focus on lightweight, high-strength, and sustainable materials, highlighting innovations in carbon fiber, polymers, and modified plastics [1][4]. - Over 800 enterprises are expected to participate, showcasing advancements in new materials and technologies [5]. Industry Focus Areas - Key areas of focus at the expo include: - Robotics, smart vehicles, AI consumer electronics - Low-altitude aircraft, aerospace, deep-sea technology, rail transportation components - Quantum technology, 6G, brain-computer interfaces, computing power center server components - New energy equipment components, high-performance fibers and composite materials, and low-carbon sustainable materials [6].

Core Viewpoint - The article discusses the strategic partnership between Leap Motor and FAW Group, highlighting the investment agreement and its implications for the electric vehicle market in China [1][2]. Group 1: Investment Agreement - Leap Motor announced a share subscription agreement with FAW Group's subsidiary, FAW Equity Investment (Tianjin) Co., Ltd., at a price of 50.03 RMB per share, totaling 3.744 billion RMB (approximately 4.138 billion HKD) for 74,832,245 shares [2]. - Following the investment, FAW Group will hold approximately 25.74% of Leap Motor's domestic shares, equating to about 5.00% of the total issued shares [2]. - The funds raised will be allocated as follows: approximately 1.872 billion RMB for R&D in smart electric vehicles and core technologies, 936 million RMB for working capital, and another 936 million RMB for expanding sales and service networks and brand building [2]. Group 2: Strategic Collaboration - Leap Motor and FAW Group's subsidiary, FAW Qixin Power (Changchun) Technology Co., Ltd., will collaborate on the joint development and production of plug-in hybrid and range-extended powertrains [1][3]. - The partnership aims to enhance resource sharing and promote strategic synergy between the two automotive groups [1]. Group 3: Global Expansion - Leap Motor has established a global business network covering 35 countries and regions, leveraging Stellantis Group's resources for international expansion [3]. - The company has over 800 overseas sales and service outlets, indicating a significant footprint in international markets [3]. Group 4: Battery Supply Chain - Leap Motor's battery suppliers include major companies such as CATL, Guoxuan High-Tech, and others, while the battery pack is produced in-house [3].

Group 1 - The article discusses the upcoming 2026 Future Industry New Materials Expo, which will focus on common needs in future industries such as robotics, automotive, drones, data centers, aerospace, AI, and new energy [1] - International Composite Material has announced a project to build a production line for high-frequency and high-speed electronic fiber cloth with an estimated total investment of 1.693 billion yuan, aimed at enhancing the company's competitiveness in high-end manufacturing [2] - The company has successfully launched an 85,000-ton electronic-grade glass fiber production line, with products certified for 5G low dielectric glass fiber and successful integration into leading supply chains [2] Group 2 - The report from CITIC Securities indicates that the demand for orthogonal backplanes and upgrades in Cowop technology will lead to PCB becoming more similar to semiconductors, resulting in a steady increase in value [3] - Domestic PCB companies are gaining global market share, which is driving the localization of upstream supply chains, including high-end resins, glass fiber cloth, and copper foil [3] - The article highlights the importance of optimizing production capacity and cost control in response to industry demand differentiation and price pressures in the terminal market [2]

Core Viewpoint - The New Leaf Award, organized by DT New Materials, is a prestigious global award focused on innovation in the bio-based industry, aimed at recognizing and showcasing outstanding products and companies in this sector [2][17]. Group 1: Award Structure - The New Leaf Award features four main categories: Innovation Material Award, Innovation Application Award, Innovation Industry Solution Award, and Most Commercially Valuable Award [6][2]. - Over 100 innovative bio-based products have been awarded in previous editions, establishing the New Leaf Award as the "Oscar of the bio-based industry" [2]. Group 2: Application Timeline and Process - The application process for the 2026 New Leaf Award has commenced, with key dates including: - Application and nomination: December 1, 2025 - March 13, 2026 - Online voting (pre-selection): March 16 - March 22, 2026 - Online competition and expert review (final selection): March 23 - March 27, 2026 - Award ceremony: May 21, 2026, during the Bio-based 2026 Conference [8][11]. - The evaluation process includes two rounds of professional screening and assessments by over 50 core experts from the industry [12]. Group 3: Evaluation Criteria - The evaluation criteria for the awards are categorized as follows: - Innovation Material Award: 30% Technical Innovation, 10% Application Innovation, 25% Functionality, 20% Commercial Value, 15% Sustainability - Innovation Application Award: 10% Technical Innovation, 30% Application Innovation, 25% Functionality, 20% Commercial Value, 15% Sustainability - Most Commercially Valuable Award: 15% Technical Innovation, 20% Application Innovation, 20% Functionality, 30% Commercial Value, 15% Sustainability - Innovation Industry Solution Award: 20% Technical Innovation, 20% Application Innovation, 30% Functionality, 15% Commercial Value, 15% Sustainability [9]. Group 4: Benefits of Participation - Participating companies can benefit from free publicity, leveraging DT New Materials' extensive network of over 100,000 industry followers and 100+ communication groups [10]. - Award-winning companies will receive a high-end trophy and certificate during the award ceremony, providing significant exposure and recognition in front of industry leaders and representatives [13].

Core Viewpoint - The article discusses the adjustments made by Jiangsu Guangxin Photographic Materials Co., Ltd. regarding its investment project for producing electronic photosensitive materials, highlighting the challenges in the PCB photoresist market and the company's strategic responses to these challenges [1][2]. Group 1: Project Overview - The total investment for the project is 525.38 million yuan, with 140.67 million yuan planned to be raised, of which 102.83 million yuan has already been invested, indicating a progress rate of 73.11% [2]. - The project aims to achieve an annual production capacity of 50,000 tons of electronic photosensitive materials, which includes several sub-projects that are at various stages of completion [2][3]. Group 2: Sub-Project Progress - The PCB photoresist sub-project has two components: the outer layer ink (9,000 tons/year) has commenced formal production, while the inner layer ink (7,000 tons/year) is in trial production, with a deadline for completion extended to April 1, 2026 [3]. - The coating sub-project includes UV coating (8,000 tons/year) and water-based coating (2,000 tons/year), with the former having passed fire safety inspections and currently undergoing equipment adjustments, expected to apply for trial production in the first half of 2026 [3]. - The self-made resin sub-project (12,000 tons/year) is crucial for producing PCB photoresists, with trial production approval granted and an extension for completion also set for April 1, 2026 [3].