Core Viewpoint - The successful pilot production of the POE project by Dingjide marks a significant breakthrough in domestic production capabilities, demonstrating the company's advanced self-developed metallocene catalyst technology and its potential to reduce reliance on imports [1][2][4]. Group 1: Company Developments - Dingjide's pilot production facility for POE has commenced operations and is producing stable outputs, validating the performance of its self-developed metallocene catalyst [1][2]. - The company has achieved a significant milestone by overcoming key production challenges associated with metallocene catalysts, high carbon α-olefins, and polymerization processes, which have historically hindered domestic POE production [2][4]. - Dingjide's self-developed metallocene catalyst has reached industry-leading standards, enhancing its production capabilities and cost control, thereby improving its profit margins and risk resilience [2][4][5]. Group 2: Market Dynamics - The POE market has seen price increases from major players like LG Chem and Dow Chemical, attributed to rising demand in sectors such as photovoltaic cells and electric vehicles, alongside limited domestic production capacity [3][4]. - The high cost of raw materials, including metallocene catalysts and α-olefins, has been a significant factor in the pricing dynamics of POE, with domestic production still heavily reliant on imports [3][4]. - Despite concerns about potential overcapacity and price declines in the POE market, the production process for POE is complex and lengthy, suggesting that new entrants will face significant challenges in achieving commercial viability [6][7]. Group 3: Future Outlook - The long-term outlook for the POE market remains positive, with expectations of reduced production costs and increased market competitiveness as domestic capacities gradually come online [7][8]. - Dingjide's strategic positioning as a supplier of key materials, including metallocene catalysts, is expected to provide it with a competitive edge in the evolving market landscape [5][8]. - The company's advancements in technology and comprehensive industry chain layout are likely to position it favorably in the upcoming market transformations, potentially leading the domestic POE industry to new heights [8].