Core Viewpoint - The company, Dongfang Materials (603110.SH), plans to invest RMB 18 million in Suzhou First Element Nanotechnology Co., Ltd. through a convertible bond agreement, which will convert into equity upon meeting specified conditions [1] Investment Details - The investment will be formalized through a Special Investment Agreement with First Element, and the company will also enter into a Capital Contribution and Shareholder Agreement to establish a joint venture with a registered capital of RMB 100 million [1] - The company's contribution will be RMB 30 million, representing a 30% ownership stake, while First Element will contribute RMB 40 million for a 40% stake, and two individuals, Zhou Qihua and Chen Yun, will each contribute RMB 15 million for 15% stakes [1] Strategic Rationale - This investment aims to upgrade and transform the company's existing fine chemical business, leveraging its accumulated process technology advantages and industry knowledge to create a new platform for high-tech and high-value-added new material products [1] - The initiative aligns with the company's long-term planning and the interests of all shareholders [1]

Group 1 - The core viewpoint of the news is the significant increase in the stock price of Sanfu Co., which rose by 5.57% to 15.35 CNY per share, with a total market capitalization of 5.873 billion CNY [1] - Sanfu Co. is primarily engaged in the research, production, and sales of fine chemical products, including trichlorosilane and potassium hydroxide, with its main business revenue composition being 56.54% from potassium series, 26.33% from silane coupling agents, 14.39% from silicon series, and 2.74% from others [1] Group 2 - According to data from the top ten holdings of funds, one fund under E Fund holds a significant position in Sanfu Co., with 62,200 shares, accounting for 0.44% of the fund's net value [2] - The E Fund Yi Bai Intelligent Quantitative Strategy Mixed A (005437) has achieved a year-to-date return of 42.37%, ranking 1196 out of 8161 in its category, and a one-year return of 56.3%, ranking 543 out of 8015 [2] - The fund manager, Yin Ming, has a tenure of 4 years and 211 days, with the best fund return during this period being 96.18% [2]

Group 1: Agricultural Development - The provincial government emphasizes the importance of high-standard farmland construction and management to enhance food security capabilities [1][2] - Measures are being taken to ensure timely harvesting and planting, including monitoring weather conditions and optimizing agricultural machinery resources [2] - The government encourages collaboration between enterprises and farmers to improve grain acquisition, storage, processing, and sales capabilities [2] Group 2: Industrial Development - The Weibei Coal Chemical Industrial Park hosts various companies in energy, fine chemicals, and circular economy sectors [3] - Companies are urged to increase R&D investment and develop competitive products to enhance market presence [3] - Continuous technological advancements and safety management in coal transportation are prioritized to support the transformation of the coal industry [3]

10月13日，为期三天的2025国际光化学技术与产业大会在武汉圆满落幕。闭幕式上，诺贝尔化学奖得主本杰明·李斯特（Benjamin List）教授，美国国家科学 院院士埃里克·卡雷拉（Erick M. Carreira）教授，中国科学院佟振合院士、游书力院士，大会主办单位华中师范大学、湖北省科学技术厅、武汉市科技创新 局、青山区人民政府有关负责人及500多名来自学术界、企业界、投融资机构、科技服务机构和权威媒体代表齐聚一堂，共同见证大会成果，展望光化学产 业未来。 诺奖得主三顾江城赴"光"之约，见证武汉光化学产业崛起 本杰明·李斯特教授因其对"不对称有机催化的发展"作出贡献而获得2021年诺贝尔化学奖。他是不对称有机催化领域的开创者之一，已连续三届莅临国际光 化学技术与产业大会。在2025年大会的闭幕式上，他再度登台，以重磅学术报告为大会收官。 本杰明·李斯特教授介绍，其团队研究成果已实现商业化供应，解决了以往研究初期"制备难、获取难"的痛点。目前团队已与世界500强企业、全球最大的精 细化学产品基地巴斯夫股份公司建立合作，双方围绕冷气体在反应中的转化应用展开深度探索，同时，团队还与多家制造商达成合作。 "中 ...

Core Insights - The conference highlighted the importance of green and high-end development trends in the petrochemical industry, emphasizing these as key pathways for transformation and upgrading [1][2] Group 1: Green Solutions in Petrochemicals - Traditional solar cell backings made from PET are environmentally unfriendly and costly, with issues like hydrolysis under high humidity [1] - Sinopec proposed a new eco-friendly solution using polyolefin materials for solar cell backings, which reduces raw material consumption by 26% and enhances recyclability [1] Group 2: Advancements in Energy Storage - Solid-state lithium batteries are advancing towards higher energy density and safety, utilizing solid electrolytes that can withstand higher voltages and capacities [1] - Current challenges include the high cost of electrolyte materials and the need for further research to mature the technology [1] Group 3: Innovations in Carbon Fiber - The development of high-value-added carbon fiber products is crucial for the industry, with applications in aerospace, new energy, and engineering machinery [2] - Research breakthroughs include uniformly colored carbon fibers with superior thermal reflection and gradient structure carbon fibers suitable for flexible wearable devices [2] Group 4: High-End Polyolefins Development - Despite an oversupply of bulk polyethylene and polypropylene, there is strong demand for high-end polyolefin materials in sectors like aerospace, new energy, and biomedical [2] - The self-sufficiency rate for high-end polyolefin materials in China is low, with significant reliance on imports, prompting research into metallocene catalysts and thermoplastic elastomers [2]

Core Viewpoint - Liansheng Chemical has shown a stable performance in terms of financing and stock trading, with significant growth in revenue and net profit year-on-year, indicating a positive outlook for the company. Financing and Trading Summary - On October 13, Liansheng Chemical's stock rose by 0.69%, with a trading volume of 38.83 million yuan. The financing buy-in amount was 5.03 million yuan, while the financing repayment was 3.98 million yuan, resulting in a net financing buy-in of 1.06 million yuan. The total financing and securities balance reached 53.86 million yuan, accounting for 1.89% of the circulating market value, which is above the 90th percentile of the past year, indicating a high level of financing activity [1]. - The company had no short-selling activity on October 13, with both short-selling repayment and sales at 0 shares, leading to a short-selling balance of 0 yuan, also above the 90th percentile of the past year, indicating a lack of short-selling interest [1]. Business Performance Summary - As of June 30, Liansheng Chemical had 8,697 shareholders, an increase of 2.52% from the previous period. The average number of circulating shares per person was 10,779, which increased by 238.68% [2]. - For the first half of 2025, Liansheng Chemical reported a revenue of 343 million yuan, representing a year-on-year growth of 13.95%. The net profit attributable to the parent company was 18.02 million yuan, reflecting a year-on-year increase of 9.61% [2]. Dividend Summary - Since its A-share listing, Liansheng Chemical has distributed a total of 97.52 million yuan in dividends. Over the past three years, the cumulative dividend payout has been 75.38 million yuan [3].

Core Viewpoint - Ruifeng New Materials Co., Ltd. has shown a significant stock price increase of 5.05%, reaching 55.80 CNY per share, with a total market capitalization of 16.513 billion CNY as of October 13 [1] Group 1: Company Overview - Ruifeng New Materials is located in Xinxiang County, Henan Province, and was established on November 11, 1996, with its listing date on November 27, 2020 [1] - The company specializes in the research, production, and sales of fine chemical products, including oil additives and non-carbon paper color developers [1] - The main revenue composition is 98.12% from lubricant additives and 1.88% from other supplementary products [1] Group 2: Fund Holdings - A fund under Southern Fund holds a significant position in Ruifeng New Materials, specifically the Southern Growth Enterprise Board 2-Year Open Mixed Fund (160143), which held 139,700 shares, accounting for 3.25% of the fund's net value, making it the third-largest holding [2] - The fund has achieved a year-to-date return of 42.17%, ranking 1735 out of 8234 in its category, and a one-year return of 41.78%, ranking 1630 out of 8083 [2] Group 3: Fund Manager Profile - The fund manager of Southern Growth Enterprise Board 2-Year Open Mixed Fund (160143) is Ying Shuai, who has a total tenure of 18 years and 161 days [3] - The total asset size of the fund is 5.465 billion CNY, with the best return during his tenure being 243.93% and the worst being -74.47% [3]

由光化院陈加荣教授团队自主开发的LED光源及光催化装备产品，已应用于日本、韩 国、澳大利亚、美国、德国等十余个国家，获得了200余家高校、科研院所及企业的高度认 可。 据悉，光化院已建成光化学合成、减污降碳等五大核心研究中心，配备400余台高端设 备，获批"湖北省光化学产业技术研究院"及省级中试平台，并与60余家企业建立了深度合作 关系，加速成果转化。 10月11日，2025国际光化学技术与产业大会在武汉开幕。大会集聚全球18个国家和地区 的800余名嘉宾，包括诺奖得主、顶尖学者及产业代表。会议披露，武汉光化学技术研究院 （以下简称光化院）已成为区域光化学原始创新的关键支撑平台，多项成果达到国际领先水 平。 中国科学院院士吴骊珠致辞表示，光化学已从实验室迈向产业前沿，当前正处于纳米控 光、生物感光、量子调光的交叉创新期，是培育新质生产力的关键赛道。 核心技术突破，引领绿色制造。武汉光化学技术研究院与华中师范大学化学学院院长肖 文精教授团队，成功研发全球首例光催化芳烃氧化/规模化制备技术，利用可见光驱动催化 氧化，实现无污染生产。 "此前技术受制于国外，现我们已完成自主开发，并成功完成百公斤级中试，预计年底 在 ...

Core Insights - The traditional manufacturing sectors in Shizuishan, Ningxia, including equipment manufacturing, calcium carbide chemical industry, carbon-based materials, and metallurgy, are undergoing transformation towards high-end, intelligent, green, and integrated development [1][3] - The local tax authority is enhancing tax services to support this transformation, aiming for simplified and efficient tax payment processes while leveraging tax data for industry analysis to inform local government decisions [1][3] Group 1: Tax Policy and Support - The tax department is focusing on providing tailored services to traditional manufacturing enterprises, addressing their specific tax-related needs to facilitate their transformation and enhance productivity [3] - Tax incentives and policies are being communicated effectively to companies, such as the case of Ningxia Jinghong Technology Co., which benefited from guidance on personal income tax policies related to partnerships and stock incentives for listed companies [2] Group 2: Industry Development and Innovation - Shizuishan is establishing a strategic emerging industry cultivation database with 22 companies, recognizing 148 national high-tech enterprises and 6 innovative benchmark enterprises, thereby strengthening the innovation capabilities of local businesses [2] - The local government is supporting the establishment and expansion of laboratories and pilot workshops for 14 companies, promoting collaborative innovation across the industry chain [2]

Core Insights - The chemical parks are crucial for the development of the chemical industry, serving as important platforms for enterprise aggregation and key carriers for industrial transformation and upgrading [1] Group 1: Policy and Development - The Ministry of Industry and Information Technology and other departments issued a notice on August 8, 2025, to promote the standardized construction and high-quality development of chemical parks [1] - As of July 31, 2024, a total of 745 chemical parks have been recognized across 30 provinces, with Shandong leading with 84 parks [1][2] - The recognition of chemical parks has shown a positive trend since June 2024, with Henan adding 9 new parks, leading the nation [2] Group 2: Regional Distribution - The distribution of recognized chemical parks is uneven, with the eastern region having the highest number at 260 parks, accounting for 34.9% of the total [2] - The western region has 213 parks (28.6%), and the central region has 198 parks (26.6%), while the northeastern region has the least with 68 parks (9.9%) [2] Group 3: Competitive Rankings - According to the 2025 Chemical Park Competitiveness Rankings, the eastern region's share has increased, with Shandong having the most parks at 16 in the top 100 [3] - The top 100 parks are dominated by petroleum chemical parks (50 parks), followed by fine chemical parks (40 parks) [3] Group 4: Key Parks - The top five chemical parks include Shanghai Chemical Industry Park, Huizhou Daya Bay Petrochemical Industrial Park, and Ningbo Petrochemical Economic and Technological Development Zone [4]