Henan Jindan Lactic Acid Technology (SZ:300829) DT新材料·2026-02-20 16:04Group 1 - The core viewpoint of the article highlights that Jindan Technology plans to increase investment in its annual production of 75,000 tons of polylactic acid (PLA) biodegradable new materials project by 147.88 million yuan, bringing the total investment to 1.03 billion yuan. This increase is attributed to rising costs of imported equipment and currency fluctuations during the project's long construction period, but it is expected to enhance operational efficiency and smart technology levels post-production [2] - Jindan Technology's projected net profit for 2025 is between 96 million to 138 million yuan, representing a year-on-year increase of 156% to 268% [3] - In 2024, Jindan Technology's annual production capacity of lactic acid and its series of products is 183,000 tons, positioning it alongside Fengyuan Group (150,000 tons) as a leader in the domestic lactic acid market. Globally, TotalEnergies and NatureWorks together account for approximately 620,000 tons of annual production capacity, representing about 50% of the global total [4] Group 2 - The article notes that 80% of domestic lactide production technology relies on the American company NatureWorks, with the price of core production equipment, such as twin-screw reactors, having increased by 220%. Additionally, the cost of corn-based PLA is significantly affected by fluctuations in food prices [2]