Core Viewpoint - The successful pilot production of the POE project by Dingjide marks a significant breakthrough in domestic production capabilities, demonstrating the company's advanced self-developed metallocene catalyst technology and its potential to reduce reliance on imports [1][2][4]. Group 1: Company Developments - Dingjide's pilot production facility for POE has commenced operations and is producing stable outputs, validating the performance of its self-developed metallocene catalyst [1][2]. - The company has achieved a significant milestone by overcoming key production challenges associated with metallocene catalysts, high carbon α-olefins, and polymerization processes, which have historically hindered domestic POE production [2][4]. - Dingjide's self-developed metallocene catalyst has reached industry-leading standards, enhancing its production capabilities and cost control, thereby improving its profit margins and risk resilience [2][4][5]. Group 2: Market Dynamics - The POE market has seen price increases from major players like LG Chem and Dow Chemical, attributed to rising demand in sectors such as photovoltaic cells and electric vehicles, alongside limited domestic production capacity [3][4]. - The high cost of raw materials, including metallocene catalysts and α-olefins, has been a significant factor in the pricing dynamics of POE, with domestic production still heavily reliant on imports [3][4]. - Despite concerns about potential overcapacity and price declines in the POE market, the production process for POE is complex and lengthy, suggesting that new entrants will face significant challenges in achieving commercial viability [6][7]. Group 3: Future Outlook - The long-term outlook for the POE market remains positive, with expectations of reduced production costs and increased market competitiveness as domestic capacities gradually come online [7][8]. - Dingjide's strategic positioning as a supplier of key materials, including metallocene catalysts, is expected to provide it with a competitive edge in the evolving market landscape [5][8]. - The company's advancements in technology and comprehensive industry chain layout are likely to position it favorably in the upcoming market transformations, potentially leading the domestic POE industry to new heights [8].

Group 1 - The core viewpoint of the news is that the construction of Liaoning Dingjide's high-end POE material project has reached a significant milestone with the successful installation of the T1402 stripping tower, marking the transition to the full construction phase of the α-olefin facility [1] - The project includes a total capacity of 30,000 tons/year for the α-olefin facility, which is crucial for producing POE, addressing the domestic supply shortage that has long relied on imports [2] - The project team utilized a combination of a 1,400-ton crawler crane and a 260-ton crawler crane to complete the installation process in just six days, demonstrating effective project management and execution [1] Group 2 - The first phase of the project will establish a 200,000 tons/year POE joint facility, a 300,000 tons/year α-olefin facility, and a 400 Nm³/h electrolysis hydrogen production unit [2] - The innovative process adopted in the project aims to resolve key technical issues related to the impact of solid oligomers on heat and mass transfer during the polymerization reaction [2] - The project team has implemented a strict quality control system, ensuring comprehensive supervision from raw material inspection to various construction stages [1]

Core Viewpoint - The successful trial production of POE products by Dingjide's subsidiary marks a significant step towards establishing a complete and controllable POE production chain, addressing the growing demand in the photovoltaic and automotive sectors [1][2][3][4] Group 1: Production and Technology - Dingjide's trial production of POE products has achieved stable operation and met international standards, laying a solid foundation for the planned annual production of 200,000 tons of POE [1] - The company has independently developed and verified the performance of metallocene catalysts, which are crucial for POE production, achieving industry-leading standards [1][4] - The successful trial production indicates that Dingjide has overcome three major technical challenges in POE domestic production, enhancing its competitive edge in the market [4] Group 2: Market Demand and Applications - The demand for POE in the renewable energy sector is expected to surge, with projections indicating a potential global demand of nearly 1 million tons by 2025, significantly outpacing other application areas [2] - Dingjide is targeting major automotive manufacturers, as the lightweight and weather-resistant properties of POE make it suitable for various automotive components, further driving demand [3] - The company aims to fill the current domestic supply gap in POE production, as existing capacities are nearly non-existent, positioning itself as a key player in the market [2][3] Group 3: Strategic Positioning - Dingjide has established strong relationships with downstream customers in the polyolefin industry, particularly in antioxidant and POE particle applications, providing a solid foundation for customer expansion [2] - The company’s ability to produce its own metallocene catalysts and α-olefins allows it to maintain control over the entire POE production chain, reducing reliance on foreign technology and enhancing profit margins [4] - With the completion of trial production, Dingjide is well-positioned to capture a larger market share in the trend of domestic substitution for high-end materials [4]

证券代码：603255 证券简称：鼎际得 公告编号：2025-027 辽宁鼎际得石化股份有限公司 关于 POE 高端新材料项目的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 辽宁鼎际得石化股份有限公司（以下简称"公司"）的控股子公司辽宁鼎 际得石化科技有限公司（以下简称"石化科技"）于近日完成 POE 高端新材 料项目中试装置投产，已成功产出合格 POE 产品。 一、投资项目概述 公司于 2023 年 1 月 11 日召开 2023 年第一次临时股东大会，审议通过了《关 于全资子公司投资建设 POE 高端新材料项目的议案》，同意石化科技投资建设 POE 高端新材料项目（以下简称"本项目"）。 公司于 2023 年 8 月 14 日召开 2023 年第四次临时股东大会，审议通过了《关 于 POE 高端新材料项目变更及签署投资协议的议案》，同意公司根据本项目进展 情况变更 POE 高端新材料项目的建设投资方案，同意石化科技与大连长兴岛经 济技术开发区管理委员会（以下简称"管理委员会"）签署《辽宁鼎际得石 ...

Core Viewpoint - The company announced the successful commissioning of the pilot production facility for the POE high-end new materials project, marking a significant milestone in its production capabilities [1] Group 1: Project Development - The pilot production facility for the POE high-end new materials project has been successfully put into operation, producing qualified POE products [1] - The project officially commenced construction in March 2024, indicating a forward-looking investment strategy [1] - The successful operation of the pilot facility lays a solid foundation for the planned annual production capacity of 200,000 tons of POE [1] Group 2: Technological Advancements - The project validates that the self-developed and self-produced metallocene catalyst for POE meets industry advanced standards [1]

Core Viewpoint - The company, Dingjide (603255.SH), reported a slight increase in revenue for 2024 but significant losses in net profit compared to the previous year, indicating potential challenges in profitability despite revenue growth [1][2]. Financial Performance Summary - In 2024, the company achieved a revenue of 781 million yuan, representing a year-on-year growth of 3.20% [1][2]. - The net profit attributable to shareholders was a loss of 12.13 million yuan, a decrease of 119.77% compared to the previous year [1][2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of 12.15 million yuan, down 120.29% year-on-year [1][2]. - The net cash flow from operating activities was 134 million yuan, an increase of 18.42% compared to the previous year [1][2]. Q1 2025 Performance Summary - In the first quarter of 2025, the company reported a revenue of 20 million yuan, reflecting a year-on-year increase of 9.26% [3]. - The net profit attributable to shareholders was a loss of 337,040 yuan, a decrease of 180.13% compared to the same period last year [3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of 535,840 yuan, down 268.54% year-on-year [3]. - The net cash flow from operating activities was a negative 1.37 million yuan, an improvement from a negative 1.60 million yuan in the previous year [3]. Capital Raising and Future Plans - The company raised a total of 730 million yuan from its initial public offering, with a net amount of 656.9 million yuan planned for various projects [4]. - The company proposed to issue shares to specific investors, with a total financing amount not exceeding 300 million yuan, subject to shareholder approval [5]. - A plan to issue convertible bonds with a total amount not exceeding 750 million yuan was also announced, aimed at funding high-end new material projects [5][6].

Meeting Overview - The shareholders' meeting of Liaoning Dingjide Petrochemical Co., Ltd. was held on May 21, 2025, at the company's conference room in Yingkou City [1] - The meeting was attended by shareholders representing 76.769% of the total shares [1] - The meeting was legally valid and followed the procedures outlined in the Company Law and the Articles of Association [1][3] Voting Results - All non-cumulative voting proposals were approved with significant majority support from A-shareholders, with votes as follows: - Proposal 1: 103,325,161 votes in favor (99.9855%) [1] - Proposal 2: 103,314,361 votes in favor (99.9751%) [1] - Proposal 3: 103,287,961 votes in favor (99.9495%) [1] - Proposal 4: 103,290,261 votes in favor (99.9518%) [1] - The voting process included both on-site and online voting methods [1] Legal Compliance - The meeting was witnessed by lawyers Ma Ye and Mao Lijing, confirming that the convening and voting procedures complied with legal and regulatory requirements [3] - No temporary proposals were raised by shareholders during the meeting [3]

中国上海市延安东路 222 号外滩中心 40 楼 200 Tel/电话:(8621) 6249 6040 Fax/传真:(8621) 6248 22 Website/网址: www.jinmao.com.cn 上海市金茂律师事务所 关于辽宁鼎际得石化股份有限公司 2024年年度股东大会之法律意见书 致:辽宁鼎际得石化股份有限公司 辽宁鼎际得石化股份有限公司（以下简称"公司"）2024年年度股东大会（以 下简称"本次股东大会"）于 2025 年 5 月 21 日下午在公司会议室召开。上海市金 茂律师事务所(以下简称"本所")经公司聘请并接受公司委托,委派茅丽婧律师、 马也律师(以下简称"本所律师")出席本次股东大会,并根据《中华人民共和国 公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证 券法》"）、中国证券监督管理委员会公布的《上市公司股东会规则》（以下简称 "《股东会规则》")等相关法律、法规和规范性文件以及《辽宁鼎际得石化股份 有限公司章程》（以下简称"《公司章程》"），就本次股东大会的召集、召开程 序、出席会议人员资格、表决程序、表决结果等发表法律意见。 本所律师同意公司将本 ...

(三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 67 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 103,340,061 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 76.7690 | 证券代码：603255 证券简称：鼎际得 公告编号：2025-026 辽宁鼎际得石化股份有限公司 2024年年度股东大会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 5 月 21 日 (二)股东大会召开的地点：辽宁鼎际得石化股份有限公司会议室（营口市老边区 柳树镇） (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会由公司董事会召集，董事长张再明先生主持。会议采用现场投 票和网络投票相结合的表决方式进行表决。会议的召开和表决程序符合《 ...

国泰海通证券股份有限公司 关于辽宁鼎际得石化股份有限公司 持续督导专项现场检查报告 上海证券交易所: 经中国证券监督管理委员会《关于核准辽宁鼎际得石化股份有限公司首次 公开发行股票的批复》(证监许可(2022)1431 号)核准,辽宁鼎际得石化股份 有限公司(以下简称"鼎际得"、"上市公司"、"公司")首次公开发行股票 3,336.6667 万股,每股面值人民币 1元,每股发行价格人民币 21.88元,募集资 金总额为人民币 73,006.27 万元,扣除发行费用后,实际募集资金净额为人民币 65.690.27 万元。本次发行证券已于 2022年 8 月 18 日在上海证券交易所上市。 国泰海通证券股份有限公司(以下简称"国泰海通证券"、"保荐机构")担任其 持续督导保荐机构,持续督导期间为 2022年8月18日至 2024年12月 31日。 根据《证券发行上市保荐业务管理办法》《上海证券交易所股票上市规则》 《上海证券交易所上市公司自律监管指引第 11 号 -- 持续督导》《上海证券交易 所上市公司自律监管指引第1号 -- 规范运作》等有关法律法规要求,于2025 年 4 月对鼎际得实际控制人非经营性占用上 ...