Group 1 - Jineng Chemical and Huitong New Materials have signed a strategic cooperation agreement, marking a significant breakthrough in product commercialization and high-end customer collaboration [1] - Jineng Chemical has advanced propane dehydrogenation (PDH) and polypropylene production processes, ensuring strong raw material support for the partnership [1] - Huitong New Materials, the first materials company listed on the Sci-Tech Innovation Board, achieved a sales total of over 5.3 billion yuan in 2023, ranking among the top three in the industry [1] Group 2 - The EP548R high-performance polypropylene material has excellent mechanical properties and processing stability, reflecting Huitong New Materials' confidence in Jineng Chemical's product quality and supply system [1] - Huitong New Materials aims to provide diversified high-performance new material solutions across various industries, including automotive, home appliances, and renewable energy [2] - The partnership will focus on developing high-end new materials to meet the core demands of modified plastic enterprises, promoting the industry's advancement towards high-end and refined directions [2]