Group 1 - The company has achieved bulk shipments of onshore towers [2] - The offshore wind power coatings are at the forefront of the market, with the offshore blade coatings being recognized [2] - The offshore tower coatings have passed certification from a domestic authority and are currently undergoing NORSOK M501 certification testing [2]

Core Insights - The shipbuilding paint market is experiencing rapid growth, driven by a new cycle in shipbuilding, attracting numerous companies to enter the sector [1][2] - Dongya Technology is shifting its focus to marine anti-fouling coatings, leveraging local resources and opportunities in Quzhou [1] - The company plans to invest approximately 109 million yuan to establish production capacity for high-performance coatings and high-end new materials [1][2] Company Developments - Dongya Technology is collaborating with a research team from Zhejiang University, which has over 20 years of experience in marine anti-fouling coatings, to develop new technologies [2] - The company aims to achieve a production capacity that could generate several billion yuan in revenue by 2029 [2] - In 2024, Dongya Technology expects to have all necessary qualifications and production capabilities, positioning itself to rapidly advance in the market [3] Industry Trends - The Chinese shipbuilding paint market was valued at nearly 10 billion yuan in 2023, with leading brands holding a market share of 95.62% [2] - There is a significant market opportunity as foreign brands currently dominate about 80% of the high-end marine and industrial anti-corrosion paint market in China [2] - Major players in the industry, such as Maijia Xincai, are also focusing on shipbuilding paints as a key growth area, having obtained certifications from multiple classification societies [3]

Core Insights - The ship coating market is experiencing rapid growth driven by a new shipbuilding cycle, attracting numerous companies to enter the sector [1] - Dongya Technology is shifting its focus to marine antifouling coatings, leveraging local resources and opportunities in Quzhou [1][2] - The domestic ship coating market is expected to continue its positive growth trajectory, with local brands gradually entering high-end segments currently dominated by foreign companies [2] Company Developments - Dongya Technology plans to invest 109.03 million yuan to establish a production capacity of 10,000 tons of low VOCs high-performance coatings and 20,000 tons of high-end polymer polyester compounds [1] - The company collaborates with a research team from Zhejiang University, which has over 20 years of experience in marine antifouling coatings, to develop new technologies [2] - By 2029, Dongya Technology anticipates achieving a production value in the tens of billions of yuan [2] Industry Trends - The Chinese ship coating market was valued at nearly 10 billion yuan in 2023, with leading brands holding a market share of 95.62% [2] - The market is expected to maintain a strong growth trend, despite foreign brands currently holding approximately 80% of the high-end marine and industrial heavy-duty anti-corrosion coating market [2] - Industry leader Maijia Xincai has obtained certifications from multiple classification societies and is focusing on ship coatings as a key growth area for the coming years [3]

Core Viewpoint - The company announced an adjustment to the internal investment structure of its "Intelligent Warehousing Construction Project" during a board meeting scheduled for November 21, 2025, with a total investment of 55.5347 million yuan [1] Group 1 - The implementation entity for the project is Nantong Mega [1] - The total engineering cost remains unchanged, while the equipment procurement cost is reduced by 27.9448 million yuan and added to the construction engineering cost [1] - The adjustment is necessitated by capacity expansion at Nantong Mega, leading to tight warehousing space and the need to increase warehouse floors [1] Group 2 - The adjustment does not alter the total amount of funds raised or the investment in the project, aligning with regulations and the company's interests [1]

格隆汇11月21日丨麦加芯彩(603062.SH)在投资者互动平台表示，光伏铝合金边框及光伏复合材料边框 各有不同优势，其市场的变化也受多重因素影响。公司的光伏复合材料边框涂料取得了德国莱茵TUV 认证，尚需经过客户产品验证。 ...

Core Viewpoint - The company has successfully achieved bulk shipments of onshore tower tubes and is advancing in offshore wind turbine coatings, indicating strong market positioning and product development [1] Group 1 - The company has commenced bulk shipments of onshore tower tubes, demonstrating operational capacity and market demand [1] - The offshore wind turbine coatings, particularly for blades, are at the forefront of the market, showcasing innovation and competitive advantage [1] - The offshore tower coating has received certification from the Beijing Jianheng Center, indicating compliance with industry standards and enhancing credibility [1] Group 2 - The NORSOK M501 certification testing for offshore tower coatings is currently underway, which may further validate the product's quality and performance in the market [1]

Group 1 - The core viewpoint is that Meijia Xincai (603062.SH) has confirmed that its ship coatings business is currently operating normally [1]

格隆汇11月21日丨麦加芯彩(603062.SH)在投资者互动平台表示，珠海生产基地投产后，接下来三年预 计不会有较大规模的建设计划，现有产能可以满足目前新增业务的涂料需求；未来如有需要，在现有基 地再做扩产也是可行的。 ...

格隆汇11月21日丨麦加芯彩(603062.SH)在投资者互动平台表示，针对船舶涂料，公司还会提交其他国 外船级社，扩大覆盖面；针对海工，NORSOK M501还在测试中；其他行业，有的是客户认证，有的是 行业认证，不过军工行业公司目前尚未考虑。 ...

格隆汇11月21日丨麦加芯彩(603062.SH)在投资者互动平台表示，针对船舶涂料，公司还会提交其他国 外船级社，扩大覆盖面；针对海工，NORSOK M501还在测试中；其他行业，有的是客户认证，有的是 行业认证，不过军工行业公司目前尚未考虑。 ...