Group 1 - Jiangsu Province has officially released the results of its first batch of new material recognitions, with 33 new material products selected [1] - The recognized new materials are characterized by original innovation or significant technological breakthroughs, possessing independent intellectual property rights, and being in the early market application stage [1] - The selected new materials serve advanced manufacturing sectors such as semiconductors, aerospace, high-end equipment, biomedicine, and new energy [1] Group 2 - The recognition aims to address the bottlenecks in the new materials industry, such as the lack of usable materials and the hesitance to use good materials [2] - To support the promotion and application of the first batch of new materials, Jiangsu's provincial government has issued a comprehensive set of policies and financial support measures [2] - The provincial government is also advancing the legislative work for the "Jiangsu Province New Material Industry Development Regulations" to provide legal guarantees for long-term industry development [2]

Core Viewpoint - The article emphasizes the significance of new materials in driving innovation across various industries, highlighting a selection of 100 most promising new materials that are reshaping the future [3]. Group 1: New Generation Semiconductor Materials - Silicon Carbide (SiC) substrates are projected to have a global demand of 1.4 million pieces by 2025, with a compound annual growth rate (CAGR) of 30% [12]. - Gallium Nitride (GaN) epitaxial wafers are expected to reach a market size of $3 billion by 2030, with a CAGR of 48% for automotive GaN devices [18]. - Gallium Oxide (β-Ga₂O₃) is anticipated to have a wafer demand of 500,000 pieces by 2030, with a global market value of $19.3 billion and a CAGR of 50.13% [22]. Group 2: New Energy Strategic Materials - Sulfide solid electrolytes (Li₆PS₅Cl) are projected to have a global demand exceeding 80,000 tons by 2030, with a market size of $12 billion and a CAGR of 68% [68]. - Sodium-ion battery cathodes (Fe₄[Fe(CN)₆]₃) are expected to have a demand of 200,000 tons by 2030, with a market size of $5 billion in China [74]. - Perovskite solar cells (FAPbI₃) are projected to reach a global market size of $12 billion by 2030, with a production capacity exceeding 60% from China [77]. Group 3: New Display and Optical Materials - Quantum Dot Light Emitting Diodes (QLED) are expected to reach a market size of $1.8 billion by 2028, with a penetration rate of over 20% in televisions [125]. - Metal Oxide Thin Film Transistors (IGZO) are projected to have a market size of $2.5 billion by 2025, with a 50% penetration rate in high-end panels [127]. - Micro-LED display technology is anticipated to reach a market size of $30 billion by 2030, with an annual growth rate of 80% [130].

Group 1 - The event held on June 19 aimed to create an efficient platform for deepening industry services, enhancing communication, sharing experiences, and fostering cooperation in the plastic sheet and board industry [1] - Yiyuan has implemented an industrial strength strategy, significantly boosting the new materials sector, which has reached a production value of 131.5 billion [1] - The new materials industry in Yiyuan has developed a robust structure with three main segments: high polymer materials, inorganic non-metallic materials, and specialty metal materials [1] Group 2 - The plastic sheet and board industry is a key supporting industry in Yiyuan's development as a "Fiber New Materials City" [2] - Shandong Ruifeng High Polymer Materials Co., Ltd. is a leading producer of ACR processing aids and MBS impact modifiers, breaking foreign technology monopolies in high-end PVC board materials [2] - Shandong Botuo New Materials Co., a national-level specialized "little giant" enterprise, has advanced production lines with an annual output of 100,000 tons of PVC foam boards and other products, achieving international leading performance indicators [2] Group 3 - Shandong Ruifeng High Polymer Materials Co., Ltd. holds a leading position in the MBS impact modifier market, with over 80 national patents, including more than 50 invention patents [3] - The company has a comprehensive production capacity of over 200,000 tons for PVC additives, leading the industry in ACR/MBS production capacity [3] - The recent technology exchange and market docking event included lectures, investment promotions, and on-site observations, aiming to deepen collaboration with industry associations and enhance the new materials industry's high-quality development [3]

Core Viewpoint - Jiangsu Sopo focuses on the acetic acid industry chain extension and new material development, emphasizing R&D in downstream derivatives and technological upgrades for cost reduction and efficiency improvement [1] Financial Performance - In 2024, Jiangsu Sopo achieved total revenue of 6.403 billion yuan, a year-on-year increase of 18.43% - The net profit attributable to shareholders reached 213 million yuan, a significant year-on-year growth of 1029.62% [1] - For the first quarter of 2025, the company reported revenue of 1.615 billion yuan, a year-on-year increase of 7.45%, and a net profit of 57.0843 million yuan, up 121.16% year-on-year [2] Production and Sales - In 2024, the production volume of acetic acid and its derivatives was 1.7044 million tons, an increase of 31.81% year-on-year, while sales volume reached 1.4886 million tons, up 33.41% year-on-year [1] - Methanol production increased by 64.94%, acetic acid production rose by 34.27%, and acetic ester production grew by 20.54% during the same period [1] Market Conditions - The acetic acid industry is experiencing significant growth in domestic PTA production, acetic acid ethylene production, and acetic acid exports, but faces increased competition and declining prices [1] - The decrease in raw material prices, such as coal, has positively impacted cost control for Jiangsu Sopo [2] Dividend Policy - Jiangsu Sopo plans to distribute a cash dividend of 0.5 yuan per 10 shares to all shareholders, with a cumulative dividend payout ratio exceeding 30% of net profits over the last three years [2] Future Outlook - The company aims to enhance operational performance through technological upgrades, project construction, and optimized management practices, while focusing on high-value-added product transformation [3]