Core Viewpoint - The robotics sector is expected to become a hot area in the coming years, presenting new opportunities for the company's thermoplastic elastomers [1] Company Developments - The company has achieved technological breakthroughs in the field of robotic simulation skin elastomer materials [1] - The R&D team is simultaneously researching and reserving several directions: ultra-soft artificial muscle TPE, artificial skin SiTPV, conductive TPE, temperature-sensitive color-changing TPE, and light-sensitive color-changing TPE, with significant progress made [1] Product Innovations - The artificial muscle TPE has a Shore hardness of 0A, characterized by ultra-softness, excellent elasticity, and a dry, non-slippery surface [1] - The artificial skin SiTPV offers a strong skin-like feel and high strength [1] - The conductive TPE has a resistivity as low as 10Ω.m, which is expected to enable direct printing of circuits on robots, significantly reducing or even eliminating the need for cables [1] - The temperature-sensitive and light-sensitive color-changing TPE can simulate human facial expressions in robots, greatly reducing the need for sensors, and is expected to transition existing robots from being expensive, bulky, and clumsy to being agile, affordable, and realistic [1]

Group 1: Company Value Management - The company has implemented a "Value Management System" to maximize company value and shareholder wealth through four core initiatives: enhancing core business, improving equity and return mechanisms, strengthening compliance and information disclosure, and optimizing capital operations [3] - The company has set a minimum annual dividend ratio and plans to increase dividend frequency and amount to enhance investor confidence and stabilize market value [3] Group 2: Financial Performance - In the first three quarters of 2025, the company achieved a revenue of CNY 4.456 billion, a year-on-year increase of 18.23%, and a net profit of CNY 131 million, up 32.96% [4] - The third quarter alone saw a revenue of CNY 1.574 billion, representing an 8.84% year-on-year growth, with a net profit of CNY 46.55 million, up 48.19% [4] Group 3: Sustainable Development Initiatives - The company is committed to sustainable practices, focusing on recycling and biodegradable materials, and has developed a complete industrial chain for biodegradable PBAT materials [5] - The "High-Value Recycling Technology Innovation Award" was received for the company's efforts in developing PCR materials, aligning with national sustainability goals [5] Group 4: Growth Drivers - The net profit growth outpaced revenue growth due to favorable macroeconomic conditions, increased consumer demand from policies like "old-for-new," and the ongoing transition of the new materials industry towards high-end, green, and intelligent solutions [6] - The company has optimized its product structure and benefited from the recovery in downstream industries, particularly in modified plastics and color masterbatch businesses [6] Group 5: Research and Development - The company has established a robust R&D framework with four national-level platforms and has made significant advancements in modified plastics and thermoplastic elastomers, breaking international monopolies [9] - Key innovations include ultra-soft artificial muscle materials and conductive TPE, which are expected to enhance the company's position in the robotics sector [11]

Core Viewpoint - The company is actively developing products for the robotics sector, leveraging its expertise in elastomer products to create advanced materials for humanoid robots [1] Group 1: Product Development - The company has developed ultra-soft artificial muscles (TPE) and artificial skin (SiTPV) as part of its elastomer product offerings [1] - The company is focusing on the application of modified materials in robot manufacturing, including nylon and alloy materials for robotic arms [1] - Thermoplastic elastomers are being utilized for simulating skin in robotic applications [1] Group 2: Market Positioning - The company is strategically positioning itself in the growing field of humanoid robotics by proactively developing relevant products [1] - The ongoing development of humanoid robots is a key area of focus for the company, indicating a commitment to innovation in this sector [1]

Core Viewpoint - The company is actively developing products in the field of robotics, leveraging its expertise in elastomer products to create advanced materials for humanoid robots [1] Group 1: Product Development - The company has developed ultra-soft artificial muscles (TPE) and artificial skin (SiTPV) based on its existing elastomer product reserves [1] - The company is focusing on the application of modified materials in robot manufacturing, including nylon and alloy materials for robotic arms [1] - Thermoplastic elastomers are being utilized for simulating skin in robots, indicating a significant advancement in robotics applications [1]

Core Viewpoint - The company is actively developing products in the field of robotics, leveraging its expertise in elastomer products to create advanced materials for robotic applications [1] Group 1: Product Development - The company has developed ultra-soft artificial muscles (TPE) and artificial skin (SiTPV) based on its existing elastomer product reserves [1] - The company is focusing on the development of materials for robotic applications, including modified materials for robot manufacturing such as nylon and alloy materials for robotic arms [1] - Thermoplastic elastomers are being utilized for simulating skin in robots, indicating a significant advancement in the field [1] Group 2: Industry Trends - The company is strategically positioning itself to follow the development trends in robotics, suggesting a proactive approach to market opportunities [1]

证券代码：002838 证券简称：道恩股份 公告编号： 2025-128 山东道恩高分子材料股份有限公司 关于召开2025年第三季度业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 山东道恩高分子材料股份有限公司（以下简称"公司"）于 2025 年 10 月 24 日披 露公司 2025 年第三季度报告。为加强与投资者的深入交流，使投资者更加全面、深入 地了解公司情况，公司将举办 2025 年第三季度业绩说明会。本次业绩说明会将采用网 络远程的方式举行，说明会具体情况如下： 一、网上说明会安排 1、召开时间：2025 年 11 月 7 日（星期五）下午 15:00—17:00 2、参会人员：公司董事、总经理田洪池先生，副总经理、董事会秘书王有庆先生， 副总经理、财务总监邹远勇先生。 3、参会方式：本次业绩说明会在全景网以网络远程的方式举行，投资者可登陆"全 景•路演天下"（http://ir.p5w.net）参与本次 2025 年第三季度业绩说明会。 二、征集问题事项 为充分尊重投资者、提升交流的针对性，现就公司 2025 年第三季度业绩说明会 ...

Company News - Yaxing Chemical is planning to acquire control of Tianyi Chemical through a combination of share issuance and cash payment, with the stock suspended from trading starting November 4, 2023, for up to 10 trading days [5] - Daon Co. intends to acquire 100% of Shandong Daon Titanium Industry through share issuance and cash payment, with the application accepted by the Shenzhen Stock Exchange. The company has seen a stock price increase of 110.62% this year, with a recent price of 24.6 yuan per share and a market capitalization of 11.769 billion yuan [6] - Shengli Co. is planning to acquire gas-related assets from its controlling shareholder and its affiliates, with stock suspended since October 28, 2023, for up to 10 trading days [6] - Hangxin Technology announced the resumption of trading for its stock and convertible bonds starting November 4, 2023, following a share transfer agreement that resulted in a change of control [7] - Bihua Co. reported abnormal stock price fluctuations, with a cumulative increase of over 20% in three consecutive trading days. The actual reduction in shares by the controlling shareholder exceeded the planned amount due to an operational error [8] - Siwei Liekong's vice president has been placed under investigation, leading to a 9.87% drop in stock price on November 3, 2023 [9] - Biangao Co. is in the process of planning a change of control, with stock suspended since October 31, 2023, and further suspension expected [9] - Chihong Zn & Ge announced a cash dividend distribution plan, with a total payout of 151 million yuan based on a share base of 5.04 billion shares [10] - Hailianxun is set to suspend trading starting November 5, 2023, due to a share exchange and acquisition process [11] - *ST Gaohong received a decision for stock delisting due to continuous low trading prices, with the delisting process expected to occur within 15 trading days [12] Industry News - The People's Bank of China and the Bank of Korea have renewed a bilateral currency swap agreement with a scale of 400 billion yuan, effective for five years, aimed at enhancing financial cooperation and trade facilitation [2] - The Ministry of Industry and Information Technology and the Ministry of Water Resources have jointly released a development plan for high-quality water-saving equipment from 2025 to 2030, focusing on smart manufacturing and the integration of new technologies [3] - The National Standards Committee has approved a national standard for commercial cleaning robots, set to be implemented on May 1, 2026, to improve product quality and user experience [4] - High-end equipment for large-size OLED screen production has been launched, marking a breakthrough in China's display equipment sector [4]

Core Viewpoint - The company plans to acquire 100% of Shandong Daon Titanium Industry Co., Ltd. through a combination of issuing shares and cash payment, along with raising supporting funds for this transaction [1] Group 1: Transaction Details - The company announced the acquisition on November 3, with the transaction expected to enhance its market position [1] - The Shenzhen Stock Exchange has accepted the application for the issuance of shares to purchase assets and raise supporting funds, confirming that the application documents are complete [1] Group 2: Regulatory Approval - The company received a notification from the Shenzhen Stock Exchange on October 31, 2025, regarding the acceptance of its application [1] - The acceptance of the application indicates compliance with relevant regulations set by the exchange [1]

公司于 2025 年 10 月 31 日收到深圳证券交易所（以下简称"深交所"）出具的《关 于受理山东道恩高分子材料股份有限公司发行股份购买资产并募集配套资金申请文件 的通知》（深证上审〔2025〕224 号）。深交所根据相关规定对公司报送的发行股份购买 资产并募集配套资金申请文件进行了核对，认为申请文件齐备，决定予以受理。 本次交易尚需通过深交所审核并取得中国证监会同意注册的批复，最终能否通过审 核、取得注册，以及最终通过审核、取得注册的时间仍存在不确定性。公司将根据该事 项的进展情况，严格按照有关法律、法规的规定和要求及时履行信息披露义务，敬请广 大投资者注意投资风险。 特此公告。 山东道恩高分子材料股份有限公司 关于发行股份购买资产并募集配套资金申请文件 获得深圳证券交易所受理的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 山东道恩高分子材料股份有限公司（以下简称"公司"）拟通过发行股份及支付现 金的方式收购山东道恩钛业股份有限公司 100%股份并募集配套资金（以下简称"本次 交易"）。 证券代码：002838 证券简称：道恩股份 公告编号：20 ...

Group 1 - The core point of the news is that Daon Co., Ltd. experienced a stock price increase of 5.12%, reaching 25.48 CNY per share, with a total market capitalization of 12.19 billion CNY [1] - Daon Co., Ltd. is based in Longkou City, Shandong Province, and specializes in the research, production, and sales of thermoplastic elastomers, modified plastics, color masterbatches, and biodegradable materials [1] - The company's main business revenue composition includes modified plastics at 73.88%, thermoplastic elastomers at 13.08%, other products at 7.34%, color masterbatches at 4.49%, and other supplementary products at 1.21% [1] Group 2 - According to data, Huaxia Fund holds Daon Co., Ltd. as one of its top ten heavy positions, with the Huaxia CSI 2000 ETF (562660) holding 25,200 shares, accounting for 0.31% of the fund's net value [2] - The Huaxia CSI 2000 ETF (562660) has achieved a year-to-date return of 44.94% and a one-year return of 51.73%, ranking 989 out of 4216 and 658 out of 3889 in its category, respectively [2] - The fund was established on September 6, 2023, and currently has a total scale of 227 million CNY [2]