18 December 2025 | 12:31AM HKT Equity Research Rianlon (300596.SZ) Assessing the potential implications of the two price hikes recently announced; reiterate Buy 300596.SZ 12m Price Target: Rmb48.00 Price: Rmb43.98 Upside: 9.1% What's happened? Since December, Rianlon has announced two rounds of price hikes (10%) for two of the company's key product categories for polymer stabilizers, including HALS in early-Dec and general antioxidants (GAO) on Dec 16th (the two products combined account for c.25% of Rianlo ...

Group 1 - BASF SE (BASFY) will showcase its VALERAS portfolio at K 2025, focusing on plastic circularity, durability, and carbon transparency through its additive solutions and services [1][8] - The company will introduce two innovations, Tinuvin NOR112 for organic farming and a new hindered amine light stabilizer (HALS) solution, enhancing greenhouse film performance against agrochemicals [2][8] - Innovations such as Tinuvin NOR 211 AR and 112 AR are designed to withstand strong sunlight, heat, and chemicals while being cost-effective, with Tinuvin NOR 356 offering exceptional durability [2][3] Group 2 - K 2025 will also serve as a platform for BASFY to engage with industry partners and internal experts to address challenges and explore solutions [4] - Successful partnerships highlighted include a closed-loop agricultural packaging solution with Cleanfarms and McKenzie/Snyder, a collaboration with Shouman Group in Egypt's plasticulture market, and a partnership with Takazuri Ltd. for climate-resilient roofing in Eastern Africa [4][8] Group 3 - BASFY stock has increased by 10.6% over the past year, contrasting with a 19.2% decline in the industry [6] - BASFY currently holds a Zacks Rank 1 (Strong Buy), indicating strong market performance [7]