【DT新材料】 获悉，8月15日， 皖维高新 发布公告， 公司与江苏滨海经济开发区管理委员会签署乙烯法功能性聚乙烯醇树脂项目建设投资协议，根 据协议： （1） 拟在滨海沿海工业园投资建设乙烯法功能性聚乙烯醇树脂生产基地。规划 总投资约100亿元，占地约1000亩， 总体规划年产40万吨乙烯法功能 性聚乙烯醇树脂及下游产业链项目 。 项目分两期建设， 一期项目建设期预计为18个月，投产后再 适时启动二期项目。其中， 一期 投资 约36亿元，建设20万吨/年乙烯法功能性聚乙烯醇树 脂项目，含配套建设的36万吨/年醋酸乙烯、30万吨醋酸甲酯装置 。 二期 投资 约64 亿元，建设40万吨/年醋酸乙烯、20万吨/年乙烯法功能性聚乙烯醇 树脂及PVA 下游产业链VAE乳液、可再分散性乳胶粉、PVB 树脂、PVB 胶片等项目。 （2） 拟 出资组建" 江苏皖维新材料有限责任公司 （暂定名，下称"皖维新材料"），注册资金10亿元人民币，位于江苏省盐城市滨海县滨海经济开发 区沿海工业园，其中， 皖维高新 和滨海投资，分别出资8亿和2亿，分别持80%和20%权益。皖维新材料将独立经营一期20万吨/年项目。 聚乙烯醇（PVA ） ...

Core Viewpoint - Hengli Petrochemical announced the absorption and merger of its subsidiary Hengli Petrochemical (Dalian) Chemical Co., Ltd. to optimize management structure and improve operational efficiency, with a completion date set for July 31, 2025 [2] Group 1: Company Overview - Hengli Petrochemical's subsidiary Hengli Chemical was established on December 13, 2016, with a registered capital of 457.495 million yuan. As of the end of 2024, it had total assets of 70.58 billion yuan, total liabilities of 60.49 billion yuan, and net assets of 10.09 billion yuan [2] - In 2024, Hengli Chemical achieved an operating income of 42.1 billion yuan and a net profit attributable to shareholders of 2.37 billion yuan [2] Group 2: Business Segments - The refining products are primarily concentrated in Hengli Refining and Hengli Chemical, with the refining business accounting for 49% of revenue and 60.6% of gross profit, making it the core profit source for the company [3] - Polyester products account for 25% of gross profit, while PTA (Purified Terephthalic Acid) contributes 9.87% to gross profit [3] Group 3: Financial Performance - In 2024, Hengli Petrochemical reported an operating income of 236.273 billion yuan, a year-on-year increase of 0.63%, and a net profit attributable to shareholders of 7.044 billion yuan, equivalent to a daily profit of 19.29986 million yuan, reflecting a year-on-year growth of 2.01% [3] - In the first quarter of 2025, the company reported an operating income of 57.02 billion yuan, a year-on-year decrease of 2.3%, and a net profit attributable to shareholders of 2.05 billion yuan, down 4.1% year-on-year [3]