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Industry Dynamics
Research & Development Spending of 63.4 Billion Exceeds Net Profit by Double: 2025 Financial Report Reveals Auto Companies' High-Stakes Bets
2026-04-07 09:34:27

In the earnings season, what stands out the most is not how many cars someone sold, but how much money someone spent in the lab. BYD: Earns 3 yuan and spends 2 yuan—truly ruthless. BYD invested RMB 63.4 billion in R&D for the full year—the highes

March Brings Price Hikes, April Brings Shutdowns? Chemical Giants in South Korea and India Halt Production Amid Raw Material Shortages
2026-04-05 17:53:10

Chemical industry emergency warning! Just survived the price hike in March, now April brings a more deadly shutdown wave! Following a global surge in chemical product prices, a string of bad news has emerged—multiple major chemical companies in India

ABS Force Majeure Leads to Decline in Plant Output
2026-04-05 17:23:20

Lead: The Middle East situation has persisted for a month, and during the fourth trading week of March, production cuts at ABS plants have gradually become evident due to force majeure disruptions in raw material supply and the inability to pass

Kingfa Sci&Tech, High-Performance PP Expansion, Annual Output Exceeds 50,000 Tons
2026-04-05 16:36:39

On April 2, the environmental impact assessment for Qingyuan Meijin New Materials Technology Co., Ltd.'s expansion project, with an annual production capacity of 11,000 tons of high-performance polypropylene, was approved. Qingyuan Mei Jin New Mater

Cash Flow Surges 344% Year-Over-Year as Meiri New Materials Expands Across Multiple Business Segments
2026-04-05 16:18:36

Recently, Meirui New Materials released its 2025 annual report. Amid the pressure of the macroeconomic environment and the fluctuations in the chemical industry, Meirui New Materials delivered a "resilient yet explosive" performance: annual revenue r

Geopolitical Overlap Eases Pressure, ABS/PS Likely to Rise Rather Than Fall
2026-04-05 15:50:59

The ongoing geopolitical conflict in the Middle East has now dragged on for over a month, becoming the number-one sentiment driver in the global chemical industry. The intermittent fighting and flood of news have made it impossible for international

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Video Library
The US-Iran peace talks have reached a stalemate while the PP and PE markets continue to rise!
The war in the Middle East has pushed up oil prices.This week, the PC market has experienced a slight upward trend
The market maintained a stable consolidation trend with both upward and downward potential ranges being limited!
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