Core Insights - China Chemical has recently signed two major high-end chemical new material projects, marking significant advancements in the industry [1][4]. Group 1: High-End Polyoxymethylene (POM) Project - China Chemical Engineering Hualu Company has signed a cooperation framework agreement with China Coal Ordos Energy Chemical Co., Ltd. for a high-end POM project, which will be the first engineering application and industrialization of self-developed high-end POM technology [1]. - POM is recognized for its excellent self-lubricating properties, fatigue resistance, and dimensional stability, making it a key polymer material to replace traditional metals like steel, copper, and aluminum [1]. - The domestic supply of high-end POM has long relied heavily on imports, with global production mainly dominated by companies like DuPont and Asahi Kasei [1][6]. Group 2: Special Nylon Series Project - China Chemical Engineering Hualu Company has also signed a cooperation framework agreement with Shanghai Jieda Chemical Technology Co., Ltd. to initiate the third phase of the Jieda project, which will cover approximately 200 acres with a total investment of about 1.85 billion yuan [4]. - The project will utilize hexamethylenediamine and 2-methylpentanediamine produced in previous phases as primary raw materials, aiming to enhance the high-end nylon industry chain and improve product value and market competitiveness [4]. Group 3: Overall Project and Financial Performance - From January to September, China Chemical signed a total of 3,566 projects with a cumulative contract amount of 284.56 billion yuan, with domestic contracts accounting for 230.91 billion yuan and overseas contracts for 53.65 billion yuan [7]. - The latest financial report indicates that in Q3 2025, China Chemical achieved revenue of 45.42 billion yuan, a year-on-year increase of 4.32%, and a net profit of 1.13 billion yuan, up 13.21% [7]. - The sales of industrial and new materials reached 7.85 billion yuan, showing a significant year-on-year growth of 23.37%, indicating a strong second growth curve for the company [7].

Exhibition Overview - The 2025 Korea International Steel, Pipe, and Nonferrous Metals Exhibition will be held from November 19 to 21, 2025, at the Daegu Exhibition Center in South Korea [1] - Organized by The Fairs, this biennial event is recognized as the most authoritative exhibition in the steel, pipe, and nonferrous metals industry in Korea [1][2] - Beijing Lianhua Shanhui International Exhibition Service Co., Ltd. is designated as the official agent for the exhibition in China, responsible for promotion and sales [2] Market Overview - South Korea is the fourth largest economy in Asia and the thirteenth largest in the world, with a GDP of approximately $1.87 trillion in 2023, where the industrial sector accounts for 28.1% [3] - The country ranks as the fourth largest mold producer, fifth in automation products, and seventh in machine tools, holding a significant position in metal and steel production [3] - South Korea's manufacturing and service sectors are well-developed, with shipbuilding, automotive, electronics, steel, and textiles among the top ten globally [3] Industry Development - Over the past decade, the machinery industry has been a key driver of South Korea's rapid economic growth, with major companies like POSCO and Hyundai Steel leading the steel sector [4] - South Korea is emerging as a core country for future industries such as mobile communication, batteries, and hydrogen, supported by government initiatives aimed at achieving carbon neutrality by 2050 [4] - The government plans to invest 1 trillion KRW by 2030 to enhance R&D, further solidifying the core position of the steel and nonferrous metals industries [4] Trade Relations - Since the establishment of diplomatic relations between China and South Korea in 1992, trade has significantly increased from $5.028 billion to $362.351 billion in 2021, a 72-fold growth [5] - China is currently South Korea's largest trading partner, while South Korea ranks as China's third-largest trading partner [5] - In the first nine months of 2024, trade between China and South Korea reached $240.04 billion, a year-on-year increase of 4.5% [5] Exhibition Scope - The exhibition will feature a wide range of products including various steel products, production technologies and equipment, raw materials, metal processing technologies, environmental technologies, refractory materials, and metal materials [6] - Specific categories include steel pipes, plates, wires, special steels, and advanced materials such as high-strength aluminum and lithium [6]