神马股份拟设全资子公司 筹建尼龙66项目

Core Viewpoint - The company, Shennong Co., plans to establish a new subsidiary in Ningdong Energy and Chemical Base to expand its overseas market presence, focusing on the production of high-performance nylon 66 industrial yarn and coated tire fabrics, which are primarily used in the automotive sector [1][2][3] Group 1: Project Overview - The new subsidiary, named Ningdong Company, will have a registered capital of 169 million yuan, fully funded by Shennong Co. [1] - The Ningdong project aims to construct 20,000 tons of industrial yarn and 13,000 tons of coated tire fabric, with a total investment of 561 million yuan and an expected return on investment of 9.6% [1] - The project is currently in the preparatory phase, with a planned construction start in March 2026 and completion expected by September 2027 [1] Group 2: Market Demand and Product Application - The products from the Ningdong project, including high-performance nylon 66 industrial yarn and coated tire fabrics, are in high demand, particularly in the automotive industry [2][3] - The domestic demand for tire fabrics is projected to grow by over 10% annually, driven by the increasing production of passenger vehicles and the rapid development of the semi-steel radial tire industry [2] - The project addresses a significant market gap for high-performance nylon 66 products, with limited global suppliers capable of producing these materials [2][3] Group 3: Strategic Importance and Benefits - The Ningdong project is seen as a strategic move for the company to leverage the Belt and Road Initiative, enhancing its export capabilities [3] - The project will utilize advanced technologies to improve product performance and reduce production costs, thereby increasing market competitiveness [3] - It aligns with national policies and regional resource advantages, promising economic and social benefits while contributing to industry upgrades [3]