Trading Information Summary - On May 23, 2025, XD Zhejiang Xian (603239) closed at 14.19 yuan, down 0.14%, with a turnover rate of 1.74% and a trading volume of 47,200 shares, amounting to 67.67 million yuan [1] - The fund flow on the same day indicated that the main funds experienced a net outflow of 3.25 million yuan, while speculative funds had a net outflow of 362,500 yuan; in contrast, retail investors showed a net inflow of 3.61 million yuan [1][3] Company Announcement Summary - Zhejiang Xian Tong Rubber and Plastic Co., Ltd. (stock code: 603239) announced participation in the "Looking at State-owned Enterprises in Zhejiang" collective performance briefing for Zhejiang state-owned listed companies, organized by the Zhejiang State-owned Assets Supervision and Administration Commission and Shenzhen Panorama Network Co., Ltd. [1][3] - The briefing is scheduled for May 29, 2025, from 14:30 to 17:15, and will be conducted via video live stream [1][3] - Key personnel attending include Chairman Ye Weiliang and Board Secretary Xiang Qingfeng, with investors able to submit questions for discussion prior to the event [1]

编者按 4月15日，CHINAPLAS 2025中国国际橡塑展在深圳国际会展中心举办。本次展会围绕"变革·协 作·共塑可持续"主题，聚焦循环经济、数字化生产、创新材料及高端科技中国制造，吸引了全球超4500 家企业参展。 从先进材料创新成果、智能制造解决方案到创新科技制品，展会涵盖汽车、电子电气、新能源、包 装等多个应用领域。展期内发布了行业突破性成果，展示了超120项全球或亚洲首发技术，为橡塑生产 提供降本增效的解决方案。 《中国化工报》记者积极参与展会及同期举行的新产品技术发布会等活动，聚焦人工智能、物联互 通、光伏风电、绿氢储能、新能源汽车、锂电等产业，对十余家企业最新成果一探究竟。今日本刊特推 出专题报道，撷取展会部分亮点，供读者参考。 2025橡塑展驱动橡塑产业革新 4月15日至18日，CHINAPLAS 2025中国国际橡塑展在深圳举行。本届橡塑展上，针对行业热门的 绿色转型、智能制造和创新应用议题，参与展会的国内外展商纷纷拿出最新橡塑产业链解决方案，为行 业未来发展提供驱动力。 绿色转型：循环经济重塑产业生态 在全球气候危机与碳中和目标的双重驱动下，可持续发展已成为橡塑行业核心转型方向。从原料替 ...

Group 1: BASF's Investment in China - BASF is increasing its investment in China, with a recent announcement of approximately 500 million yuan for a second facility in Shanghai, expected to enhance production capacity by nearly 70% by 2027 [1] - The expansion reflects BASF's commitment to local markets and customers, emphasizing its role as a leading chemical supplier in the automotive sector [1] - BASF is also advancing its Zhanjiang project and focusing on providing advanced materials for the Chinese automotive market, including lightweight battery components and materials for intelligent driving [1] Group 2: Dow's Growth Strategy in Asia - Dow identifies China as its second-largest global market and the largest overseas market, focusing on sustainable solutions and local partnerships [2] - The company is launching a plastic recycling traceability solution in collaboration with local partners, aiming to meet the upgrading needs of key industries such as consumer goods and automotive manufacturing [2] - Dow's strategy emphasizes operational efficiency and innovation to support sustainable development and the low-carbon transition in the Asia-Pacific region, particularly in China [2] Group 3: Localized Strategies by Other Companies - Aborg is implementing a "local for local" strategy in China, designing and producing automation solutions tailored for local customers [3] - 3M is benefiting from China's improving business environment and plans to enhance collaboration with government and research institutions to accelerate local production and testing processes [3]

Group 1: Event Overview - The "CHINAPLAS 2025 International Rubber and Plastics Exhibition" took place from April 15 to 18 in Shenzhen, attracting over 4,500 exhibitors and an expected audience of over 330,000, including more than 70,000 international visitors [1] - The exhibition saw a significant increase in international participation, with notable attendance from Southeast Asia, Europe, the Middle East, and a 20% year-on-year growth in new domestic customer acquisition [1] Group 2: Company Profile - Meilian New Materials is a high-tech enterprise focused on innovation, aiming to advance breakthroughs in materials science and meet diverse market demands for high-performance, environmentally friendly materials [1] - The company's main products include color masterbatches, melamine cyanurate, battery wet-process separators (base film and coated film), and high-performance pigments [1] Group 3: Subsidiary Information - The subsidiary, Huihong Technology, specializes in high-performance organic dyes and related intermediates, as well as Prussian blue sodium-ion battery cathode materials, and has established long-term partnerships with several renowned domestic and international companies [2] - Huihong Technology has 12 invention patents and 30 utility model patents, and has completed the construction of a 1,000 tons/year capacity for its Prussian blue cathode material project, which is expected to become a new profit growth point [2] Group 4: Future Prospects - Huihong Technology is advancing the full industrial chain of Prussian blue cathode materials for sodium-ion batteries, with expectations for mass production and sales in the second half of the year [3]