Core Viewpoint - Wanhua Chemical is actively expanding its business by establishing new companies in various sectors, particularly in silicone materials and electronic chemicals, to strengthen its market position and enhance its product offerings [2][4]. Group 1: New Company Establishments - Wanhua Chemical has recently established three new companies to diversify its operations across five major industries [2]. - The first company, Hubei Xinghua Silicon Materials Co., Ltd., was established on June 19, 2025, with a registered capital of 50 million yuan, focusing on silicon material technology research and industrialization projects [2]. - The second company, Yantai Huaxing Silicon Materials Co., Ltd., was established on July 31, 2025, with a registered capital of 5 million yuan, specializing in high-performance sealing materials and synthetic materials [2]. - The third company, Yantai Wanmei New Materials Co., Ltd., was established on July 25, 2025, with a registered capital of 100 million yuan, focusing on the research and sales of synthetic materials and specialty chemicals [4]. Group 2: Industry Position and Production Capacity - Xingfa Group, a partner of Wanhua Chemical, has a leading position in the electronic chemicals industry, with significant production capacities for electronic-grade phosphoric acid, sulfuric acid, and other chemicals [3]. - As of the end of 2024, Xingfa Group's subsidiaries have established production capacities of 60,000 tons/year for electronic-grade phosphoric acid and 100,000 tons/year for electronic-grade sulfuric acid, among others [3]. - In the silicone materials sector, Xingfa Group has a designed production capacity of 600,000 tons/year for silicone monomers, making it a domestic leader [3]. Group 3: Strategic Collaborations and Market Expansion - Wanhua Chemical has formed strategic partnerships with Xingfa Group to establish several joint ventures in the phosphate chemical industry, enhancing its supply chain for lithium battery materials [4]. - The establishment of Yantai Huaxing Phosphate Chemical Co., Ltd. and other ventures aims to secure key raw materials for lithium iron phosphate production, thereby strengthening Wanhua's position in the battery materials market [4]. - The collaboration with Hefei Xinmei Materials, which acquired LG Chem's polarizer materials business, is expected to accelerate the localization of key optical materials [5].

【 WitsView整理 】 近日，国内3个显示项目传来新进展。 伟时电子高端显示新项目在昆山投产 昆山开发区发布"消息，3月28日上午，伟时电子高端背光显示模组和智能装饰显示面板建设项目正式投产，满产后年产值超30亿元。 图片来源：昆山开发区发布 伟时电子主要从事背光显示模组、液晶显示模组、智能显示组件等产品研发、生产、销售，公司产品主要应用于中高端汽车、VR、数码相机、小 型游戏机、平板电脑等领域。 2024年，伟时电子顺应车载显示产品大屏化、多屏化、异形屏的发展趋势，实现超大尺寸、曲面屏车载背光显示模组量产，且中、大尺寸显示产品 销售规模持续增加；同时，公司积极布局Mini LED 技术，公司新型Mini LED背光产品的定点项目已逐步进入量产阶段。 业绩方面，2024年伟时电子实现营业收入202,734.76万元，较上年同期增长29.31%，实现归母净利润5,598.41万元，较上年同期下降52.56%。 新美材料·新站光学功能膜项目正式开工 3月30日，新美材料·新站光学功能膜项目在合肥新站高新区正式开工。 据介绍，该项目总投资45亿人民币，规划建设5条国际领先的智能化显示材料生产线，项目建成满产后 ...