Group 1 - Fujian Keten Biotechnology Co., Ltd. has officially started construction of a production base for polyamide (nylon) elastomers and high-temperature nylon in Zhangzhou, with an annual production capacity planned at 90,000 tons, involving nylon materials, copolyester materials, and high-purity dicarboxylic acids [2] - The company focuses on the research, production, and sales of bio-based materials, aiming to provide environmentally friendly and high-performance polymer solutions to global customers [2] - Keten has established a complete industrial chain from raw materials to finished products, utilizing advanced biorefining technology and fine chemical processes, with applications in advanced energy materials, lightweight materials, adhesives, super coatings, and specialty inks [2] Group 2 - High-temperature nylon (HTPA) is a heat-resistant polyamide that can be used in environments up to 150°C, categorized into aliphatic nylon and semi-aromatic nylon [3] - Aliphatic nylon, represented by PA46, has high crystallinity and heat resistance but exhibits high moisture absorption [3] - Semi-aromatic nylon incorporates a benzene ring structure, offering superior heat resistance and mechanical properties, including types such as PA4T, PA6T, PA9T, PA10T, and PA12T [4] Group 3 - High-temperature nylon demonstrates excellent thermal, electrical, physical, and chemical resistance, maintaining high rigidity, strength, and dimensional stability even at elevated temperatures, suitable for applications in automotive, electrical, and mechanical engineering sectors [4]

11月18日晚间，道恩股份（002838）（002838）发布公告，公司将持有的控股子公司道恩万亿（河北） 高分子材料有限公司（简称"道恩万亿"）51%股权以246万元的价格转让给河北万亿特种新材料制造有 限公司。 交易完成后，道恩股份将不再持有道恩万亿的股权，后者将不再纳入公司的合并报表范围。 公告显示，道恩万亿经营范围包括改性塑料、熔喷料的研究、开发、生产、技术转让及技术服务，2024 年及2025年1—9月，该公司净利润分别亏损49.71万元、36.64万元。 道恩股份表示，此举旨在优化公司的资产结构与资源配置，提升整体经营管理效率，符合公司的长期发 展战略。本次交易不会对公司生产 经营、财务报表产生重大影响，不存在损害公司及股东利益的情 形。 资料显示，道恩股份主营业务为热塑性弹性体、改性塑料、色母料、可降解材料和共聚酯材料等功能性 高分子复合材料的研发、生产和销售，公司2017年1月登陆深交所。 值得一提的是，道恩股份货币资金从2024年末的5.02亿元降至2025年三季度末的3.34亿元，降幅达 33.55%。截至今年三季度末，公司负债总额高达31.68亿元，2023年末还仅有18.44亿元，其中 ...

Core Viewpoint - The company, Shandong Dawn Polymer Materials Co., Ltd., is actively expanding its business through acquisitions, aiming to enhance its position in the chemical new materials sector by integrating upstream and downstream resources [1][2]. Group 1: Acquisition Details - On April 23, the company announced the acquisition of 100% equity in Anhui Bost New Materials Co., Ltd. for 33 million yuan [1]. - On April 29, the company revealed plans to acquire 100% equity in Shandong Dawn Titanium Industry Co., Ltd. for 1.43 billion yuan through a combination of share issuance and cash payment [1]. - The acquisition aims to support the company's green titanium dioxide project and enhance its product offerings in functional polymer composite materials [1]. Group 2: Strategic Goals - The company aims to create a high-performance, high-return chemical new materials listed company by accelerating integration in quality-related fields [1]. - The main products of the company include thermoplastic elastomers, modified plastics, color masterbatches, biodegradable materials, and copolyester materials, which will complement the titanium dioxide products from Dawn Titanium [1]. - The collaboration with Beijing University of Chemical Technology will leverage technological reserves from both companies to drive breakthroughs in strategic fields such as photovoltaic industry and defense [1]. Group 3: Industry Trends - The company recognizes a trend towards closer integration of organic and inorganic chemicals to meet diverse functional demands in new materials [2]. - Industry experts suggest that the acquisition represents a move towards "functional integrated new materials," breaking down material boundaries [2]. - The company plans to continuously absorb and integrate quality resources within the chemical new materials concept to achieve its strategic vision [2].