Core Insights - The 17th International Automotive Powertrain Technology Conference (TMC2025) was held in Nantong, focusing on technological innovation and strategy in five core areas [1] - Longpan Technology's Director of R&D presented on magnesium alloy electric drive system cooling fluids, highlighting industry interest [1][3] Group 1: Magnesium Alloy Cooling Solutions - The demand for lightweight materials in cooling systems for electric vehicles is increasing, with magnesium alloys being a focal point due to their low density and high strength [3] - Longpan has developed a low electrical conductivity cooling fluid specifically for magnesium alloys, which suppresses pitting and corrosion [5] - This cooling fluid meets the latest GB 29743.2 standards and has passed durability tests by domestic electric drive manufacturers, filling a gap in the market [8] Group 2: Advanced Lubricants and Products - Longpan showcased new ultra-low viscosity synthetic gasoline engine oils, AX 0W-8 and 0W-12, designed for modern low-emission, high-efficiency internal combustion engines [9] - The company also presented a range of high-end products, including hybrid automatic transmission oils and ethanol windshield washer fluid, attracting significant attention at the conference [11] - Longpan's participation at TMC2025 demonstrates its technical strength and deep commitment to the new energy vehicle technology ecosystem [11]

Group 1 - The core viewpoint of the article highlights the financial performance and market position of Delian Group, which operates in the automotive fine chemicals sector [1] - As of March 28, Delian Group's stock closed at 4.92 yuan, down 2.77%, with a rolling PE ratio of 54.58 times and a total market capitalization of 3.877 billion yuan [1] - The average PE ratio for the chemical products industry is 46.67 times, with a median of 35.25 times, placing Delian Group at the 126th position in the industry ranking [1] Group 2 - As of February 28, 2025, Delian Group had 34,876 shareholders, a decrease of 4,572 from the previous count, with an average holding value of 352,800 yuan and an average shareholding of 27,600 shares per shareholder [1] - Delian Group specializes in the production and sales of automotive fine chemicals, with products categorized into consumable and non-consumable types, including essential automotive fluids and adhesives [1] - The latest financial report for the third quarter of 2024 shows that the company achieved a revenue of 3.485 billion yuan, a year-on-year decrease of 13.26%, while net profit was 78.41 million yuan, reflecting a year-on-year increase of 52.42%, with a gross profit margin of 14.19% [1]