● 安徽皖维高新材料股份有限公司（以下简称"公司"）拟协议受让控股股东安徽皖维集团有限责任公司 （以下简称"皖维集团"）持有的安徽皖维可降解膜材料有限公司（以下简称"可降解膜材料公司"）70% 股权，依据经评估的市场价值定价为基础，结合评估基准日后皖维集团向可降解膜材料公司的实缴出资 1,532万元，交易双方协商一致，确定本次交易对价为人民币2,529.85万元。 ● 安徽皖维集团有限责任公司是公司的控股股东，持有公司33.24%的股份。根据《上海证券交易所股票 上市规则》规定，本次交易构成关联交易。 证券代码：600063 证券简称：皖维高新 公告编号：临2025-072 安徽皖维高新材料股份有限公司 关于协议受让安徽皖维可降解膜材料有限公司70%股权暨关联交易的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： 1、本次交易概况 2024年1月15日，公司召开九届一次董事会会议，审议通过了《关于投资新建2万吨/年生物质聚乙烯醇 水溶膜生产线项目的议案》，决定投资建设年产2万吨生物质PVA水溶膜生产线，项目 ...

Core Viewpoint - The PVA industry in China is at a transformative crossroads, with the potential for high-end product domestic substitution and new green business opportunities arising from environmental regulations [2][9]. Group 1: PVA Industry Overview - PVA is a water-soluble polymer material with excellent properties such as adhesion, fiber formation, and biodegradability, widely used in various industries including fine chemicals, green construction, and pharmaceuticals [6][8]. - The production of PVA is technology-intensive, with major production methods including calcium carbide acetylene method, petroleum ethylene method, and natural gas acetylene method, with China primarily using the calcium carbide method [7][30]. Group 2: Development History of PVA Industry - The PVA industry in China began in the 1960s, with initial production capacity of 20,000 tons, but faced challenges such as low product quality and limited application fields [8][9]. - Since the 12th Five-Year Plan, increasing environmental standards have accelerated the exit of outdated production capacity, leading to a consolidation of the industry [9]. Group 3: Domestic Substitution Opportunities - The domestic PVA market is primarily composed of conventional products, with high-value specialty PVA products still reliant on imports, indicating a strong potential for domestic substitution [10]. - The demand for high-value PVA products in emerging sectors such as automotive, construction, and pharmaceuticals is rapidly increasing, presenting significant market potential [10][11]. Group 4: Supply and Demand Analysis - Global PVA consumption was approximately 134.3 million tons in 2015, with China accounting for about 50% of global consumption [23][25]. - The domestic PVA apparent consumption fluctuated, with a notable increase to 68.4 million tons in 2020, driven by recovery in downstream market demand [23][25]. Group 5: Market Supply Situation - Global PVA production capacity is around 1.85 million tons, with China holding approximately 60% of this capacity, making it the largest producer [26][27]. - The domestic PVA industry has seen a gradual increase in production and operating rates, with a projected capacity of 1.076 million tons and an operating rate of 81% by 2024 [27]. Group 6: Competitive Landscape - The global PVA market is concentrated in a few countries, with major players including Japan and the USA, while the domestic market is dominated by companies like Sinopec and Wanhua Chemical [34][35]. - The domestic PVA industry has undergone significant consolidation, with leading companies gaining competitive advantages [39]. Group 7: Investment Logic - The PVA industry has shifted from "incremental competition" to "value reconfiguration," focusing on technological innovation and high-value product substitution [63]. - Key investment themes include high-value product substitution, green demand driven by environmental policies, and integrated supply chain advantages [64][65]. Group 8: Future Outlook - The PVA industry is expected to experience a value reassessment, with a focus on high-end product development and green applications, creating new market opportunities [68][69].