2022-E-NEWS NO.01

News Express :

▲On January 10, Sinochem-Sennics' high-end antioxidant S-TMQ project was officially completed in Cao County, Heze, Shandong. The project has an annual output of 20,000 tons. S-TMQ is a kind of general-purpose quinoline antioxidant with excellent thermal oxidation resistance. It is widely used in rubber products such as tires, which can significantly improve product quality and service life.

▲A few days ago, Saixiang Technology's "Three-drum All-steel Radial Truck Tire One-step Building Machine (Booster330/330S)" was successfully selected into the list of supported projects for "Tianjin's First Integrated Application of Major Technical Equipment". This product belongs to all-steel radial tire building machine equipment. It adopts scientific beat calculation method, and the structural innovation design of function integration has achieved 5 key technological breakthroughs and obtained 9 patents. The shift output and daily output of this model have repeatedly set domestic records.

▲On January 20, Shandong Yanggu Huatai Chemical Co., Ltd. released the 2021 annual performance forecast. According to preliminary statistics, in 2021, the company's net profit attributable to shareholders of listed companies will be 289 ,000,000 -302,000,000 RMB, a year-on-year increase of 130%-140%. Net profit after deducting non-recurring gains and losses was 272,000,000-285,000,000 RMB, a year-on-year increase of 130.17%-140.8%.

▲On January 17, Sailun Group Co., Ltd. announced that it plans to publicly issue 2,060,000,000 RMB of convertible bonds. After deducting the issuance costs, all of them will be used for the annual production of 3,000,000 sets of semi-steel radial tires and 1,000,000 sets of all-steel radial tires in Vietnam. The tire and 50,000-ton off-highway tire project and the Cambodia annual output of 9,000,000 sets of semi-steel radial tire project further expand overseas tire production capacity.

▲Recently, the EIA report of Hubei Linglong Tire Co., Ltd. "annual output of 100,000 tons of bead wire project" was announced before approval. The EIA report to be approved shows that the project is planned to be constructed in the reserved space of Hubei Linglong Tire Base, covering an area of 96.4 mu, with an investment of 229,000,000 RMB. The product scale of the project is that the output of Φ1.55mm steel wire for all-steel radial tires is 62,500 tons/year, and the output of Φ0.96mm steel wire for semi-steel radial tires is 37,500 tons/year.

▲On January 18, Jinneng Science and Technology Co., Ltd. announced that its wholly-owned subsidiary Jinneng Chemical (Qingdao) Co., Ltd. will invest in the establishment of a wholly-owned company, and the new company name will be Jinneng New Materials (Qingdao) Co., Ltd. The new company is located in Huangdao District, Qingdao, with a planned investment of 2,000,000,000 RMB.
▲On January 17, MESNAC released the 2021 annual performance forecast. It is estimated that in 2021, the net profit of MESNAC attributable to shareholders of listed companies will be 135,000,000-155,000,000 RMB, a year-on-year increase of 41.93%-62.96%; the net profit after deducting non-recurring gains and losses will be 70,000,000-95,000,000 RMB, A year-on-year increase of 199.37%-306.28%.

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