Investment Rating - The report maintains a rating of "B" for the new materials sector, indicating a positive outlook for the industry [2]. Core Insights - The new materials sector has shown an upward trend, with the new materials index increasing by 0.57%, although it underperformed compared to the ChiNext index, which rose by 0.81% [2]. - The report highlights the anticipated growth in the foldable device market, driven by the upcoming launches of Huawei's foldable PC and Apple's foldable iPhone, which are expected to significantly boost demand for upstream optical adhesive materials [5]. - The report cites IDC's forecast that China's foldable smartphone market will see shipments reach approximately 10 million units in 2025, representing a year-on-year growth of 8.3% and a compound annual growth rate (CAGR) of 10.6% from 2025 to 2028 [5]. Summary by Sections 1. Market Performance - The new materials sector experienced a rise this week, with the synthetic biology index up by 2.35%, while semiconductor materials and electronic chemicals saw declines of 3.52% and 3.58%, respectively [2][16]. - The overall performance of the basic chemicals and new materials sectors was positive, with the Shanghai Composite Index increasing by 0.76% and the ChiNext Index by 1.38% during the same period [12]. 2. Industry Chain Data Tracking - Prices for amino acids remained stable, with valine at 13,450 CNY/ton and arginine at 25,500 CNY/ton, while vitamin E saw a decrease of 1.82% to 108,000 CNY/ton [3]. - The report tracks the prices of biodegradable plastics, with PLA (injection grade) priced at 17,500 CNY/ton, remaining unchanged [3]. 3. Industry News - The report notes the successful holding of the semi-marathon for humanoid robots, indicating a growing interest in lightweight PEEK materials, which are expected to see rapid development [2]. - The report emphasizes the potential benefits for upstream companies producing optical adhesive materials as the foldable device market expands [5]. 4. Investment Recommendations - The report suggests focusing on domestic optical adhesive manufacturers like Stik and upstream monomer suppliers such as Dinglong Co., which are expected to benefit from the growth in foldable device shipments [5].

Core Viewpoint - Huawei is set to launch its foldable PC on May 19, showcasing a new form factor that emphasizes innovation and advanced design [2][4]. Group 1: Product Features - The Huawei foldable PC is branded as part of the "ULTIMATE DESIGN" series, featuring a luxurious gold logo [4]. - It is equipped with a large foldable screen and a linear motor that simulates keyboard typing, indicating a focus on user experience [4]. - The device will run on the new HarmonyOS and is powered by Huawei's self-developed Kirin X90 chip, marking a significant advancement in its product lineup [4]. Group 2: Market Positioning - The introduction of the foldable PC aligns with Huawei's strategy to innovate beyond traditional computing devices, potentially redefining user interaction with technology [4]. - The emphasis on a self-developed operating system highlights Huawei's commitment to independence from external software dependencies, aiming for a seamless and secure user experience [4].