Ge Long Hui A P P·2025-12-22 13:14Core Viewpoint - Cangzhou Dahua, in collaboration with Luxi Chemical Group and Sinochem International's subsidiary Sinochem Plastics, plans to establish a joint venture named Sinochem Polycarbonate Sales (Liaocheng) Co., Ltd. with a registered capital of RMB 5 million [1] Group 1: Joint Venture Details - The joint venture will have a registered capital of RMB 5 million, with Luxi Chemical contributing RMB 2.55 million (51%), Cangzhou Dahua contributing RMB 1.5 million (30%), and Sinochem Plastics contributing RMB 0.95 million (19%) [1] - All parties will invest using their own funds [1] Group 2: Strategic Implications - This joint venture aims to effectively integrate the sales resources of Cangzhou Dahua, Luxi Chemical, and Sinochem International in the polycarbonate sector [1] - The collaboration is expected to enhance market synergy and reduce operational costs [1] - The funding for the joint venture will come from the companies' own resources, which will not significantly impact the financial status or operating results of Cangzhou Dahua [1]