Core Viewpoint - The 2025 China International Coatings Exhibition aims to promote the green transformation of the coatings industry through technological innovation, creating a high-end platform for global collaboration and development [1][11]. Industry Overview - The exhibition will take place from September 3 to 5, 2025, at the Shanghai New International Expo Center, focusing on "Quality Development and Technological Empowerment" [1]. - Since its inception in 1995, the exhibition has successfully held 22 sessions, becoming a renowned event in the Asia-Pacific region, covering the entire coatings industry chain [4]. Exhibition Highlights - The exhibition will feature eight major exhibition areas, with four core areas emphasizing technological innovations in green coatings [6]. - Raw Materials Area: Showcasing low-carbon products such as water-based resins and bio-based solvents, highlighting the shift towards sustainable materials [6]. - Green Coatings Area: Presenting environmentally friendly products like waterborne and powder coatings, addressing the increasing demand for high-performance solutions in various applications [6]. - Intelligent Manufacturing Area: Featuring smart coating equipment and online detection systems that enhance production efficiency and quality control [6]. - Green Supply Chain Area: Integrating services from laboratory equipment to application, promoting a comprehensive service system for sustainable development [6]. Professional Activities - Over 20 professional events will be held during the exhibition, including the "2025 China Coatings Summit" and the "International Coatings Innovation Forum," aimed at fostering innovation and collaboration [8]. - The event will facilitate supply-demand matching between procurement teams from industries like automotive and real estate and leading coatings companies [8]. Sustainability Initiatives - The exhibition emphasizes the construction of a green supply chain, showcasing eco-friendly surface treatment technologies and new products like formaldehyde-free coatings [9]. - It aims to align with the "dual carbon" strategy, promoting the integration of green building materials with the new energy industry [9]. Future Outlook - The exhibition is positioned as a key driver for the coatings industry's green development and innovation, expected to inject new vitality into the sector amidst a changing global landscape [11].

Group 1 - The core viewpoint of the article highlights the financial performance of Changlian Technology, which reported a revenue of 553 million yuan for 2024, marking a year-on-year growth of 4.38%, and a net profit attributable to shareholders of 70.03 million yuan [1] - The overseas market contributed 116 million yuan in revenue, reflecting a significant year-on-year increase of 21.06%, indicating strong growth potential in international markets [1] - Changlian Technology's main products include water-based printing paste, water-based resin, and silicone for screen printing, primarily used in the textile printing sector, with notable applications in well-known brands such as Adidas, Nike, and Disney [1] Group 2 - The company has developed several core technologies, including new emulsion polymerization technology and bio-based water-based materials technology, with most technologies in mass production, enhancing competitiveness in the eco-friendly materials sector [2] - Changlian Technology has established a joint laboratory with SHEIN to collaboratively develop products, providing comprehensive solutions from materials to manufacturing to meet the fast-paced and personalized demands of consumers [2] - The company aims to continue product innovation and accelerate the development of new products to cater to the differentiated and personalized needs of downstream clients while expanding both domestic and international markets [2]

Group 1: Company Developments - Xinkai Technology will be listed on April 15, with an issue price of 12.8 yuan per share, corresponding to a price-to-earnings ratio of 14.38 times [1] - Xinkai Technology has been in the pigment industry for nearly 30 years and is a significant supplier in the global organic pigment market, holding market shares of approximately 2.71%, 3.39%, and 3.11% from 2020 to 2022 [1] - The company is gradually releasing production capacity at its Liaoning project, with the main construction of the Liaoning Ziyuan project completed, expected to begin trial production in 2025 [1] Group 2: Industry Trends - Baihehua is investing in a high-performance organic pigment project in Hangzhou, planning to produce 2,000 tons of high-performance organic pigments and other materials annually [2] - Qicai Chemical is expanding its new materials capacity, with a project producing 3,000 tons of PPDI polyurethane elastomer materials expected to release capacity in the first half of 2024 [2] - The acquisition of German pigment business by Sudarshan Chemical indicates ongoing industry consolidation, benefiting domestic high-performance organic pigment substitutes [3] - The high-performance organic pigment sector is becoming a new trend due to the saturation of classic organic pigment capacity and the high technical barriers that favor leading companies [3]

本次股票发行后拟在创业板市场上市，该市场具有较高的投资风险。创业板 公司具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成长期、 经营风险高、业绩不稳定、退市风险高等特点，投资者面临较大的市场风险。 投资者应充分了解创业板市场的投资风险及本公司所披露的风险因素，审慎 东莞长联新材料科技股份有限公司 Dongguan Changlian New Materials Technology Co.,Ltd. （住所：广东省东莞市寮步镇石大路寮步段 733 号 1 栋） 招股说明书 （上会稿） 本公司的发行申请尚需经深圳证券交易所和中国证监会履行相应程序。本 保荐机构（主承销商） （住所：广东省东莞市莞城区可园南路一号） 首次公开发行股票并在创业板上市 招股说明书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当 以正式公告的招股说明书作为投资决定的依据。 东莞长联新材料科技股份有限公司 招股说明书（上会稿） 声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发行 人注册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其 对发行人的盈利能力、投资价值或者对投资者的收益作 ...

本次股票发行后拟在创业板市场上市，该市场具有较高的投资风险。创业板 公司具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成长期、 经营风险高、业绩不稳定、退市风险高等特点，投资者面临较大的市场风险。 投资者应充分了解创业板市场的投资风险及本公司所披露的风险因素，审慎 东莞长联新材料科技股份有限公司 Dongguan Changlian New Materials Technology Co.,Ltd. （住所：广东省东莞市寮步镇石大路寮步段 733 号 1 栋） 招股说明书 （申报稿） 本公司的发行申请尚需经深圳证券交易所和中国证监会履行相应程序。本 保荐机构（主承销商） （住所：广东省东莞市莞城区可园南路一号） 作出投资决定。 招股说明书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当 以正式公告的招股说明书作为投资决定的依据。 东莞长联新材料科技股份有限公司 招股说明书（申报稿） 声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发行 人注册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其 对发行人的盈利能力、投资价值或者对投资者的收益作出实质性判断或保 ...

东莞长联新材料科技股份有限公司 Dongguan Changlian New Materials Technology Co.,Ltd. （住所：广东省东莞市寮步镇石大路寮步段 733 号 1 栋） 招股说明书 （申报稿） 本公司的发行申请尚需经深圳证券交易所和中国证监会履行相应程序。本 保荐机构（主承销商） （住所：广东省东莞市莞城区可园南路一号） 作出投资决定。 本次股票发行后拟在创业板市场上市，该市场具有较高的投资风险。创业板 公司具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成长期、 经营风险高、业绩不稳定、退市风险高等特点，投资者面临较大的市场风险。 投资者应充分了解创业板市场的投资风险及本公司所披露的风险因素，审慎 首次公开发行股票并在创业板上市 招股说明书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当 以正式公告的招股说明书作为投资决定的依据。 东莞长联新材料科技股份有限公司 招股说明书（申报稿） 声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发行 人注册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其 对发行人的盈利能力、投资价值或者 ...

本次股票发行后拟在创业板市场上市，该市场具有较高的投资风险。创业板 公司具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成长期、 经营风险高、业绩不稳定、退市风险高等特点，投资者面临较大的市场风险。 投资者应充分了解创业板市场的投资风险及本公司所披露的风险因素，审慎 东莞长联新材料科技股份有限公司 Dongguan Changlian New Materials Technology Co.,Ltd. （住所：广东省东莞市寮步镇石大路寮步段 733 号 1 栋） 招股说明书 （申报稿） 本公司的发行申请尚需经深圳证券交易所和中国证监会履行相应程序。本 保荐机构（主承销商） （住所：广东省东莞市莞城区可园南路一号） 作出投资决定。 首次公开发行股票并在创业板上市 招股说明书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当 以正式公告的招股说明书作为投资决定的依据。 东莞长联新材料科技股份有限公司 招股说明书（申报稿） 声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发行 人注册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其 对发行人的盈利能力、投资价值或者 ...

东莞长联新材料科技股份有限公司 Dongguan Changlian New Materials Technology Co.,Ltd. （住所：广东省东莞市寮步镇石大路寮步段 733 号 1 栋） 没啥本次股票发行后拟在创业板市场上市，该市场具有较高的投资风险。创 业板公司具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成 长期、经营风险高、业绩不稳定、退市风险高等特点，投资者面临较大的市 场风险。投资者应充分了解创业板市场的投资风险及本公司所披露的风险因 素，审慎作出投资决定。 （申报稿） 本公司的发行申请尚需经深圳证券交易所和中国证监会履行相应程序。本 招股说明书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当 保荐机构（主承销商） （住所：广东省东莞市莞城区可园南路一号） 首次公开发行股票并在创业板上市 招股说明书 以正式公告的招股说明书作为投资决定的依据。 东莞长联新材料科技股份有限公司 招股说明书（申报稿） 声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发行 人注册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其 对发行人的盈利能力、投资价值 ...