Core Viewpoint - A robust governance structure and comprehensive risk management system are essential for the long-term stable development of enterprises, as demonstrated by Shuangxin Environmental Protection's efforts in these areas to support its market position and prepare for capital market entry [1][3]. Governance Structure - Shuangxin Environmental Protection views the establishment of a modern corporate governance system as a cornerstone for stable operations, adhering strictly to laws and regulations such as the Company Law and Securities Law [3]. - The company has implemented a clear governance framework known as "three meetings and one layer" (shareholders' meeting, board of directors, supervisory board, and senior management), ensuring effective checks and balances among power, decision-making, supervision, and execution [3]. - Sustainable development is integrated into the core strategic planning at the board level, with defined responsibilities for various committees to ensure scientific and effective governance decisions [3]. - The company has maintained a market share of approximately 17% in the domestic polyvinyl alcohol market and around 16% in the international specialty fiber market over the past three years, establishing itself as the third-largest producer of polyvinyl alcohol in China [3]. Risk Management - Shuangxin Environmental Protection has strengthened its internal control system and created a risk prevention framework to ensure high-quality production and green development [6]. - The company has developed a complete industrial chain from upstream raw materials to downstream high-end products, which helps stabilize costs amid raw material price fluctuations and enhances risk prevention [6]. - A comprehensive quality management system has been established, covering all aspects from research and development to after-sales service, ensuring effective risk control and capacity enhancement [7]. Technological Innovation - The company has achieved significant breakthroughs in technology, including the development of biodegradable water-soluble film products and domestically produced PVC additives, addressing long-standing supply chain issues in the PVC industry [4]. - Shuangxin Environmental Protection has accumulated over 260 authorized patents and has participated in drafting multiple national and industry standards, showcasing its commitment to innovation and industry leadership [4]. Market Presence - The company's products are distributed across 29 provinces and exported to over 40 countries in regions such as Europe, North America, and Southeast Asia, enhancing its global market competitiveness [7]. - Recognition of the company's governance and risk management practices includes being selected as a typical case for "Quality Empowerment New Quality Productivity" and for national quality management integration innovation, reflecting its significant achievements in quality innovation and industry upgrading [7].

Core Viewpoint - The successful launch of domestically produced high-end biodegradable water-soluble film additives by Shuangxin Environmental marks a significant breakthrough in achieving independence from foreign monopolies in this sector [1][8]. Group 1: Product Development and Innovation - Shuangxin Environmental has developed a biodegradable water-soluble film additive, achieving a "zero" breakthrough in domestic high-end water-soluble film materials [1][8]. - The company has successfully introduced domestically produced chlorinated vinyl suspension polymer additives, addressing long-standing supply issues in the PVC industry [8]. - The company emphasizes a forward-looking R&D approach, focusing on market demand and customer needs to guide application research and product development [3][6]. Group 2: Quality Management and Operational Excellence - The company implements a comprehensive quality management system that exceeds national and industry standards, ensuring continuous improvement in product quality [2][5]. - Shuangxin Environmental has established a seamless production and sales system, allowing for customized production based on customer requirements [4][6]. - The company has received multiple quality awards, including the Ordos City Mayor's Quality Award and the Inner Mongolia Autonomous Region Chairman's Quality Award [2]. Group 3: Market Position and Brand Strategy - Shuangxin Environmental operates under a dual-brand strategy, collaborating with Mitsubishi Chemical to enhance its market presence in high-end polyvinyl alcohol products [6][7]. - The company has successfully registered 51 domestic trademarks and 26 international trademarks across 18 countries, expanding its global footprint [7]. - The company’s products are now exported to over 40 countries, including regions in Europe, South America, North America, Africa, Southeast Asia, and the Middle East [7].