新华社天津6月26日电 信心、创新、决心——世界持续看好中国机遇 新华社记者周思雨 眭黎曦 宋瑞 仲夏时节，天津迎来世界经济论坛第十六届新领军者年会（又称"夏季达沃斯论坛"）。24日至26日，90 多个国家和地区的1700余名嘉宾以"新时代企业家精神"为主题，共同探讨在地缘经济格局不断变化背景 下全球增长的新方案。 中国通过发展新质生产力实现自身经济稳定增长，始终以开放合作的姿态与世界共享发展机遇。与会嘉 宾和海外人士表示，对中国经济充满信心，看好中国创新能力，感受到中国坚定不移扩大开放的决心。 "对在中国持续成长充满信心" "继续相信中国""扎根中国"，成为许多与会嘉宾、海外人士的共识。 克罗地亚经济学家、前经济部长柳博·尤尔契奇认为，中国经济持续向好，中国已形成超大规模的消费 市场，中国坚持合作共赢、不断向世界敞开大门，这正是中国经济实力和影响力不断增强的原因。 马来西亚丝路之友俱乐部主席黄振隆表示，国际社会始终对中国经济前景抱有信心，原因在于中国14亿 人口的巨大消费潜力、经济结构性升级持续推进、深度融入全球和区域供应链。"中国的适应能力、改 革决心和开放姿态，继续支撑着全球对其长期经济轨迹的信心。" ...

Group 1 - The 50th anniversary of diplomatic relations between China and Mozambique was celebrated with mutual congratulatory messages from President Xi Jinping and President Nyusi [1] - The focus of the meeting included strengthening bilateral cooperation and exploring new areas of collaboration [1] Group 2 - The city of Jiaozuo is actively engaging in investment promotion, with Mayor Liu Bing leading a delegation to Wuxi, Hangzhou, and Shanghai to explore cooperation opportunities [7] - Key sectors of interest include environmental coatings, recycled aluminum resource utilization, biomedicine, green hydrogen equipment manufacturing, and clean energy [7][8] - The Jiaozuo government aims to attract high-quality enterprises and projects to enhance local industrial development [8] Group 3 - At Jiangsu Sanmu Group, discussions centered on accelerating the construction of a 20,000-ton annual production project for environmentally friendly coating solvents [7] - The company is positioned as a key player in the polymer materials industry in Jiaozuo, with plans for equipment upgrades and product iterations [7] - The chairman of Jiangsu Sanmu Group expressed commitment to advancing project timelines and resource allocation [7] Group 4 - At Hangzhou Jinjiang Group, the focus was on investment cooperation in recycled aluminum resource utilization, aligning with Jiaozuo's industrial strengths [8] - The group aims to expand its investment footprint in Jiaozuo, particularly in non-ferrous metals and new materials [8] - The chairman of Jinjiang Group indicated plans to enhance production capacity and innovation in the aluminum processing sector [8] Group 5 - At Shanghai Modern Pharmaceutical Co., discussions were held regarding the construction of a new project for producing 4.5 billion new type comprehensive preparations annually [9] - The company aims to leverage its strengths in technology research and development, drug production, and medical services to foster collaboration [9] - The president of Shanghai Modern Pharmaceutical emphasized the importance of project construction and enhancing the pharmaceutical industry in Jiaozuo [9] Group 6 - At Shanghai Shipbuilding Technology Co., the conversation focused on establishing a green hydrogen equipment manufacturing and clean energy base project [9] - The company is encouraged to strengthen its investment confidence in Jiaozuo and collaborate on hydrogen production and storage technologies [9] - The general manager of the company expressed intentions to refine investment plans and expedite project implementation [9]

Group 1 - The "City Partners" program in Guangzhou aims to enhance urban development and stimulate market vitality through collaboration with leading global companies [2][3] - The program received responses from 168 domestic and international enterprises, with 15 companies selected as the first batch of partners [3] - The collaboration covers strategic consulting, digital technology, low-altitude economy, and intelligent manufacturing [3] Group 2 - Nippon Paint was recognized as a strategic partner due to its strengths in new technologies and materials [5] - The company plans to engage in four key actions: application of new technologies, research and development of new materials, training of high-skilled talents, and building a digital delivery ecosystem [5] - Nippon Paint aims to contribute to Guangzhou's urban renewal by participating in projects like the "zero-carbon renovation" of Tianhe Sports Center and beautifying urban roads [5][7] Group 3 - Nippon Paint is committed to green and sustainable development, supporting Guangzhou's "dual carbon" goals through innovative coating technologies and eco-friendly materials [7] - The company will leverage digital technology to create an efficient and intelligent delivery ecosystem for urban construction [7] - The partnership represents a new model of collaboration between government and enterprises, aiming for mutual growth and high-quality development in Guangzhou [7]

6月25日，宣伟亚太区董事总经理吴忠华向智通财经表示，宣伟会持续关注中美关税政策走向，其更注 重在华的长期发展趋势。 宣伟创立于1866年，总部位于美国俄亥俄州克利夫兰市，业务覆盖涂料研发、制造、配送及销售全链 条，遍布全球120多个国家和地区。2024年，宣伟实现销售额231亿美元，为全球最大的涂料公司。 吴忠华指出，中国作为宣伟在亚洲区域布局的核心战略市场，重要性不言而喻。未来，宣伟将持续深化 在中国的区域布局。 ...

Transaction Overview - Chongqing Three Gorges Paint Co., Ltd. plans to acquire 11.91% equity of Chongqing Weilan Times Energy Technology Co., Ltd. for a cash consideration of 8.93 million yuan and will increase its capital by 6.82 million yuan, resulting in a 51% ownership stake post-transaction [1][2] - The transaction was approved by the board with unanimous votes and does not require shareholder approval [1] Parties Involved - The seller, Chongqing Xiaoman Technology Partnership (Limited Partnership), has a registered capital of 1.11 million yuan and focuses on management consulting and technology services [2] - The buyer, Chongqing Yufu Holding Group Co., Ltd., is a state-owned enterprise with a registered capital of 16.8 billion yuan [1][2] Target Company Information - Chongqing Weilan Times Energy Technology Co., Ltd. has a registered capital of 45.54 million yuan and specializes in the research, production, and sales of radiation cooling materials [3][4] - The company’s main products include radiation cooling coatings and films, which are applicable in various industries such as logistics and energy conservation [5][6] Financial Performance - As of March 2025, the target company reported total assets of 42.50 million yuan, total liabilities of 13.77 million yuan, and owner’s equity of 28.73 million yuan [6][7] - The company achieved a net profit of 2.38 million yuan in the first quarter of 2025, compared to a net loss of 3.19 million yuan in 2024 [7] Valuation and Pricing - The target company was valued at 75 million yuan based on a third-party assessment, reflecting a 163.38% increase from its book value [8] - The pricing for the transaction was determined based on the valuation report and mutual agreement between the parties, ensuring fairness and reasonableness [8] Investment Agreement Highlights - The investment agreement outlines the payment structure, including an initial payment of 35% upon signing and subsequent payments contingent on performance metrics [9][10] - Performance commitments include achieving a cumulative net profit of 39 million yuan from 2025 to 2029, with specific annual targets [11][12] Strategic Implications - The acquisition aims to enhance the company's production capabilities and facilitate a transition towards high-end functional coatings, aligning with industry trends towards energy efficiency and innovation [15][16] - The transaction is expected to improve the company's asset base and revenue, contributing positively to its overall financial health [16]

Group 1 - The company plans to dispose of up to 3 million shares of Beijing Beilu Pharmaceutical Co., Ltd. through Shenzhen Stock Exchange within three months after the pre-disclosure announcement of the reduction plan [1][2] - The company has completed the disposal of 2,998,800 shares of Beilu Pharmaceutical from March 24, 2025, to June 19, 2025, at an average transaction price of 7.46 yuan per share, totaling a transaction amount of 22,364,330 yuan [1][2] Group 2 - After the disposal, the company still holds 37,465,700 shares of Beilu Pharmaceutical, which represents a significant portion of its holdings [2] - The transaction is expected to enhance the company's asset liquidity and efficiency, allowing it to focus resources on core business development, with an estimated net profit increase of approximately 12.25 million yuan after deducting costs and related transaction taxes [2]

内容概要：水性阻尼涂料具有环保性、阻尼性、耐候性、耐腐蚀性、抗老化性等特点，这些特点使其不 仅适用于室内的装饰和隔音需求，也能够满足室外恶劣环境下的功能性要求。随着环保法规的日益严 格，水性阻尼涂料逐渐成为传统油性阻尼涂料的理想替代品。据有关数据显示，水性阻尼涂料在国内建 筑、汽车、家电等领域的应用渗透率年均提升超过23%。特别是在汽车制造领域，单车涂料用量已达 3.5-4.2公斤，配合新能源汽车产能的持续扩张，相关需求呈现倍数级增长潜力。2024年中国水性阻尼涂 料行业市场规模达到356亿元，同比上涨17.8%。预计到2025年，这一市场规模将进一步扩大至420亿 元，增长率有望达到18%。 相关上市企业：纳美新材（833467）、中航新材（430056）、飞鹿股份（300665）、三棵树 （603737）、东方雨虹（002271）、特斯拉（TSLA）、比亚迪（002594）、上汽集团（600104）、中 国建筑（601668）、中国中铁（601390）等。 相关企业：信和新材料股份有限公司、中海油常州涂料化工研究院有限公司、青岛海源实业有限公司、 北京碧海舟腐蚀防护工业股份有限公司、宁波新安涂料有限公司、 ...

Industry Overview - The automotive coatings industry requires coatings to have over 15 years of weather resistance and plays a crucial role in brand image [3] - Automotive coatings are generally categorized into three main types: aftermarket repair coatings, interior and exterior trim coatings, and original equipment manufacturer (OEM) coatings for new vehicles [3] Market Dynamics - Compared to other coatings sectors, the automotive coatings industry has high entry barriers, strong customer loyalty, and an orderly competitive landscape [4] - Foreign companies such as PPG, Kansai, BASF, Axalta, Nippon Paint, and KCC dominate the domestic automotive coatings market, holding over 70% market share [5] Opportunities - The rise of domestic electric vehicle brands presents development opportunities for local coatings manufacturers, with the focus on a representative domestic brand in this discussion [6]

Core Viewpoint - Jiangsu Guangxin Materials Co., Ltd. (referred to as "Guangxin Materials") is focusing on expanding its product offerings in various functional coatings and materials, particularly in the fields of electronics, photovoltaics, and marine engineering, while also planning to enhance its industrial coatings segment [1][2]. Group 1: Company Overview - Guangxin Materials specializes in the research, production, and sales of various functional coatings, photoresists, and supporting materials, with core businesses in PCB photoresists and 3C consumer electronics coatings [1]. - In 2024, the revenue from PCB photoresist business is expected to account for 54.44% of the company's total revenue, making it the primary source of income [1]. Group 2: Product Development and Market Expansion - The company has been expanding its product applications into photovoltaic adhesives, display photoresists, automotive coatings, functional films, and metal packaging coatings, in response to domestic and international industry trends [1]. - In the photovoltaic sector, Guangxin Materials has achieved an annual revenue of approximately 50 million yuan from its photovoltaic BC battery insulation adhesives [1]. - The revenue from functional films and metal packaging coatings has surged from 10 million yuan in 2022 to 90 million yuan in 2024, indicating rapid growth in the essential consumption market [1]. Group 3: Future Growth Strategies - The company plans to focus on developing marine coatings and industrial protective coatings as key growth areas while maintaining stable development in existing consumer functional materials [2]. - Guangxin Materials has introduced high-performance, environmentally friendly graphene-based coatings for harsh marine environments and has initiated certification for NORSOKM-501, which is essential for marine engineering equipment protection coatings [2]. - The company anticipates that its high-performance graphene heavy-duty anti-corrosion coatings will begin to see volume production in strategic sectors by the third quarter of 2025 [2]. Group 4: Financial Developments - On June 17, Guangxin Materials announced that it received approval from the China Securities Regulatory Commission for a simplified procedure to issue stocks to specific investors for its project aimed at producing 50,000 tons of electronic photosensitive materials and supporting materials annually, which is expected to generate an average annual revenue of 1.447 billion yuan and a net profit of 128 million yuan [2].

Group 1: Company Overview and Product Focus - The company primarily engages in functional coatings, photoresists, and related materials, focusing on specialty materials for various applications [2][3]. - Key products include PCB photoresists, 3C coatings, PV materials, and automotive coatings, with a strategic emphasis on marine coatings and industrial protective coatings for future growth [2][3]. Group 2: Financial Performance and Market Position - In the electronic materials sector, PCB photoresists, display photoresists, and 3C coatings generated approximately 400 million in revenue, showing stable growth [2]. - Revenue from photovoltaic BC battery insulation materials reached around 50 million, with expectations for increased sales as the market for BC batteries expands [2][3]. - The company’s metal packaging coatings recorded revenues of 10 million in 2022, growing to 50 million in 2023, and projected to reach 90 million in 2024, indicating rapid market growth [3]. Group 3: Industrial Coatings and Market Strategy - The company has developed high-performance graphene-modified anti-corrosion coatings for marine engineering and industrial applications, with successful pilot projects in various sectors [3][4]. - The NORSOK M-501 certification is crucial for entering the marine engineering coatings market, enhancing the company's competitive edge [6][7]. Group 4: PCB Photoresist Market Dynamics - PCB photoresists accounted for 54.44% of the company's total revenue in 2024, driven by demand from sectors like communications and AI hardware [8][9]. - Despite a high domestic production rate, over 60% of the PCB photoresist market is still dominated by Japanese companies, indicating significant potential for domestic market share growth [9][10].