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Core Viewpoint - The strategic cooperation framework agreement between Huajin Amoco Petrochemical Co., Ltd. and Jinfeng Technology presents significant opportunities for collaboration in the petrochemical industry, focusing on material and energy supply, product sales, and technological innovation [1][2]. Group 1: Strategic Cooperation - Huajin Amoco Petrochemical Co., Ltd. (HAPCO) is a joint venture established on December 31, 2019, with a total investment of 83.7 billion yuan, focusing on a major refining and chemical project expected to generate over 100 billion yuan in annual sales revenue by 2025 [1]. - The proximity of Jinfeng Technology's bio-based materials project to HAPCO's operations enhances the potential for collaboration across various sectors, including logistics and production management [1]. Group 2: Jinfeng Technology's Operations - Jinfeng Technology, established on January 20, 2020, focuses on ABS resin, polyolefin products, and green petrochemical business, with a projected revenue of 7.285 billion yuan in 2024, reflecting a year-on-year growth of 15.62% [2]. - The company has an annual production capacity of 600,000 tons for ABS and PDH, and 260,000 tons for acrylonitrile, with a notable increase in new materials sales by 32.51% [2]. Group 3: Global Expansion - Jinfeng Technology has established nine production bases globally, including in Vietnam, India, and the United States, with ongoing projects in Mexico aimed at producing high-performance modified plastics [3]. - The Mexican project, covering 150,000 square meters, plans to produce 300,000 tons of high-performance plastics annually, targeting high-growth sectors such as automotive and electronics [3]. Group 4: Future Market Opportunities - In 2025, Jinfeng Technology aims to expand its market share by developing materials for emerging industries such as smart driving and humanoid robots, leveraging its existing technological advantages [4]. - The company is focusing on innovative applications of semi-aromatic polyamides and LCP materials in traditional markets while exploring new applications in the electric vehicle sector [5].