Core Viewpoint - Shanghai Petrochemical Company (00338) plans to sign a contract with Baling New Materials to provide personnel borrowing services for approximately RMB 52.72 million (including tax) [1] Group 1: Contract Details - The board of directors will review and approve the contract on December 16, 2025, with the signing expected by December 31, 2025 [1] - The contract involves Shanghai Petrochemical acting as the trustee and Baling New Materials as the client [1] Group 2: Project Implications - The personnel borrowing service is aimed at facilitating the construction of a 250,000 tons/year thermoplastic elastomer project [1] - This project will leverage existing resources such as butadiene to develop a product line of styrenic thermoplastic elastomers [1] - The initiative supports the company's transformation towards "chemicals + materials" and "basic + high-end" development, transitioning from traditional applications to high-end new material applications [1]
上海石油化工股份(00338)拟与巴陵新材料签订委托合同 将向其提供人员借用服务