Dawn(SZ:002838) Chang Jiang Shang Bao·2025-10-14 09:11Core Viewpoint - Daon Co., Ltd. is experiencing significant growth in its performance for the first three quarters of 2025, driven by record sales and strategic market positioning [1][2] Group 1: Financial Performance - The company expects a net profit attributable to shareholders of between 128 million and 138 million yuan for the first three quarters of 2025, representing a year-on-year growth of 30% to 40% [1] - The strong performance is attributed to the successful implementation of the national "old for new" consumption policy, which has positively impacted the new energy vehicle, home appliance, and electronics sectors [1] Group 2: Strategic Initiatives - Daon Co., Ltd. is accelerating its strategic layout and capacity expansion, including a new materials expansion project in Longkou, Shandong, which covers 100,000 tons of TPU and 60,000 tons of polyols [2] - The company has fully acquired Anhui Bost New Materials Co., Ltd., which enhances its product layout and extends its industrial chain [2] Group 3: Research and Development - Daon Co., Ltd. is actively investing in new production capabilities, including the development of ultra-soft artificial muscle TPE and artificial skin SiTPV for humanoid robots [2] - The company has made significant technological breakthroughs in next-generation tire gas barrier materials, with ongoing road tests in collaboration with well-known tire manufacturers [2] - From 2020 to the first half of 2025, the company has invested a total of 1.061 billion yuan in R&D, with a consistent increase in annual R&D expenses, reflecting its commitment to innovation and technology leadership [2]