Core Viewpoint - Fengguang Co., Ltd. plans to acquire 51% of Ningxia Sanshi Botao Technology Co., Ltd. for 5.2 million yuan, marking a significant step in the domestic production of POE metallocene catalysts, which have broken foreign technology monopolies [1][2]. Group 1: Company Overview - Fengguang Co., Ltd. specializes in the research, production, and sales of high-performance polymer chemical additives and is a leading enterprise in the domestic antioxidant industry [1]. - The acquisition of Sanshi Botao represents Fengguang's further expansion into the metallocene catalyst field, aiming to address critical challenges in the industry through independent innovation [1]. Group 2: Industry Insights - POE (polyolefin elastomer) plays a crucial role in various emerging fields, with photovoltaic encapsulation films being the fastest-growing downstream application [2]. - The demand for high-performance POE films is expected to grow rapidly due to the increasing adoption of N-type solar modules, which require materials with specific properties such as PID resistance and moisture barrier capabilities [2]. - The domestic planned POE production capacity has exceeded 6 million tons per year, with an additional 1 million tons expected this year, which will alleviate supply constraints and boost local demand for metallocene catalysts [3].