Company Developments - The company announced plans to acquire the plastic and engineering plastic compounds division of Hwaseung Chemical Vietnam Co., Ltd. for a total purchase price of approximately $15.737 million (about 109 million RMB) [2] - This acquisition aims to advance the company's globalization strategy and enhance supply chain competitiveness through localized production in Vietnam [2] Financial Guarantees - The company provided a joint liability guarantee of up to 25 million RMB for its wholly-owned subsidiary, Anhui Bost New Materials Co., Ltd. [3] - As of the announcement date, the total amount of external guarantees accounted for 31.27% of the company's net assets [3] Restructuring Progress - The Shenzhen Stock Exchange has recently accepted the company's major asset restructuring matter involving the acquisition of Daon Titanium Industry [4] - The completion of this transaction is expected to enhance the synergy of the industrial chain and improve performance [4]

Group 1 - The 2025 Shandong Province Top Ten Technological Innovation Achievements were announced, featuring high-performance citral developed by Wanhua Chemical Group and high-end tire barrier materials led by Shandong Daon Polymer Materials Co., Ltd [2][3] - Citral is a high-value fine chemical used as a key raw material in synthetic fragrances and nutritional chemicals, with applications in daily chemicals, feed, food, and pharmaceuticals. Wanhua Chemical has developed a production technology that breaks the foreign monopoly, achieving a purity greater than 99%, which is 2 percentage points higher than similar foreign products [2] - The global largest single-set industrial citral production facility has been established, which does not generate solid waste and employs inherently safe design for greener manufacturing. The product has generated sales revenue of 500 million yuan and is expected to reach an annual output of 40,000 tons and an annual output value of 2 billion yuan in three years [2] - The high-end tire barrier material developed by Shandong Daon, in collaboration with Beijing University of Chemical Technology and Linglong Tire, has achieved breakthrough technology in cross-linked dynamic vulcanization and composite membrane preparation, becoming the second company globally to master this technology [3] - This material has a gas barrier performance 7 to 10 times better than traditional vulcanized butyl rubber, allowing a weight reduction of about 1 kilogram per tire and a 5% increase in vehicle range. It is expected to generate an annual output value of 1 billion yuan within two years, driving nearly 10 billion yuan in upstream and downstream output [3] Group 2 - The selection of the 2025 Shandong Province Top Ten Technological Innovation Achievements was conducted by over 60 academicians and experts from within and outside the province, representing the latest achievements and highest levels of technological innovation in Shandong [3]

Core Viewpoint - Linglong Tire (601966.SH) is currently in the extensive testing phase of DVA materials developed in collaboration with Daon Co., aiming for large-scale production by the second half of 2026 [1] Group 1: Development and Production - The company is gradually advancing the mass production of DVA materials across its production bases [1] - The company is considering suggestions for "individual series" or "series applications" and will provide feedback to management [1] Group 2: Market Strategy - Future planning for DVA material applications will be based on testing results, performance characteristics, and market positioning [1] - The company will also focus on market promotion and user communication to ensure the accurate transmission of technical advantages and product value to the market [1]

Core Viewpoint - Daon Co., Ltd. announced that as of the date of the announcement, the total external guarantees provided by the company and its subsidiaries amounted to RMB 97.55 million, which represents 31.27% of the company's most recent audited net assets attributable to shareholders [1] Summary by Categories External Guarantees - The total external guarantees provided by the company and its subsidiaries are RMB 97.55 million, including the current guarantee [1] - The external guarantees account for 31.27% of the company's latest audited net assets attributable to shareholders [1] Legal and Financial Status - There are no external guarantees outside the scope of the consolidated financial statements [1] - The company and its subsidiaries do not have overdue guarantees or guarantees involved in litigation [1] - There are no losses incurred due to guarantees resulting in adverse judgments [1]

证券代码：002838 证券简称：道恩股份 公告编号：2026-006 根据《中华人民共和国反垄断法》第三十条规定，经初步审查，现决定，对山东道 恩高分子材料股份有限公司收购宁波爱思开合成橡胶有限公司股权案不实施进一步审 1 查。你公司从即日起可以实施集中。该案涉及经营者集中反垄断审查之外的其他事项， 依据相关法律办理。 公司将严格按照相关法律法规的规定，及时履行信息披露义务，敬请广大投资者注 意投资风险。 三、备查文件 山东道恩高分子材料股份有限公司 关于收到《经营者集中反垄断审查不实施进一步审查决定书》暨 收购事项的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 一、本次交易概述 2025 年 12 月 10 日，山东道恩高分子材料股份有限公司（以下简称"公司"）召 开第五届董事会第三十次会议，审议通过了《关于收购宁波爱思开合成橡胶有限公司 80%股权的议案》。公司以自有资金 51,596.64 万元收购爱思开致新投资香港有限公司 （以下简称"SK 香港"）持有的宁波爱思开合成橡胶有限公司（以下简称"宁波爱思 开"、"标的公司"）80%股权。本次 ...

Core Viewpoint - The company, Shandong Dawn Polymer Materials Co., Ltd., has received a decision from the State Administration for Market Regulation indicating that no further antitrust review will be conducted regarding its acquisition of Ningbo Aisikai Synthetic Rubber Co., Ltd. [1] Group 1 - The decision was made based on the preliminary review under Article 30 of the Anti-Monopoly Law of the People's Republic of China [1] - The company will comply with relevant laws and regulations and fulfill its information disclosure obligations in a timely manner [1] - Investors are advised to pay attention to investment risks [1]

Group 1 - The modified plastics industry in China has shown a growing trend in investment and financing activities from 2017 to 2025, with a total of 18 financing events recorded [1][5] - The average single financing amount in the modified plastics industry peaked at approximately 450 million RMB in 2022, but is expected to decline to 30 million RMB by 2024-2025 [2][5] - Investment rounds are primarily concentrated in A and B+ rounds, indicating a focus on pre-IPO financing [5][12] Group 2 - The majority of financing events in the modified plastics industry occurred in Beijing, with a total of 7 events from 2017 to 2025, while Jiangsu and Zhejiang also showed high activity [6][8] - The investment focus within the modified plastics sector is heavily directed towards biodegradable plastics, with several significant financing events reported [9][12] - The main investors in the modified plastics industry are primarily investment firms, with notable representatives including Taihe Capital and Sany Innovation [12][14] Group 3 - The modified plastics industry has seen limited mergers and acquisitions, primarily involving horizontal integration among midstream companies [14][15] - A summary of mergers and acquisitions indicates that companies like Daon Technology and Huitong Technology have completed several horizontal integrations, enhancing their market positions [15][18] - Overall, while investment activities in the modified plastics market are on the rise, the number of mergers and acquisitions remains relatively low [18]

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 一、担保情况概述 山东道恩高分子材料股份有限公司(以下简称"公司")于 2025 年 10 月 23 日召开 了第五届董事会第二十七次会议，审议通过了《关于为全资子公司提供担保的议案》。 为满足公司全资子公司安徽博斯特新材料有限公司（以下简称"安徽博斯特"）日常运 营资金需要，预计为子公司提供总计不超过人民币 5,000 万元的担保额度。担保期限自 董事会审议通过之日起十二个月内。在担保额度有效期内，担保总额度可循环使用，但 公司在任一时点的实际对外担保余额不超过 5,000 万元。具体内容详见公司在《证券时 报》《证券日报》《中国证券报》《上海证券报》和巨潮资讯网（http://www.cninfo.com.cn） 上披露的公告。 二、担保进展情况 2026 年 2 月 3 日，公司与江苏苏州农村商业银行股份有限公司（以下简称"苏州 银行"）签订了《最高额保证担保合同》，为公司全资子公司安徽博斯特提供最高额不 超过人民币 2,500 万元的担保。主要内容如下： 证券代码：002838 证券简称：道恩股份 公告编 ...

Core Viewpoint - Daon Co., Ltd. is actively pursuing globalization through strategic acquisitions, enhancing its position in the polymer composite materials industry, particularly in Southeast Asia [2][3]. Group 1: Acquisition Details - Daon Co., Ltd. announced plans to acquire a plastic compound business unit in Vietnam for approximately $1.5737 million (about 109 million RMB), marking a significant step in its global expansion strategy [2]. - The target business, part of Hwaseung Chemical Vietnam Co., Ltd., reported revenue of $1.2576 million and a net profit of $449,000 for the first half of 2025, indicating solid profitability [2]. - This acquisition follows a previous announcement to acquire 80% of Ningbo Aisikai Synthetic Rubber Co., Ltd. for 516 million RMB, with a total transaction value of approximately 581 million RMB [3]. Group 2: Strategic Importance - The acquisition is aimed at localizing production in response to key customers shifting their supply chains to Southeast Asia, which will help reduce logistics costs and improve delivery times [3]. - Daon Co., Ltd. emphasizes that this move is crucial for strengthening customer relationships and enhancing order acquisition capabilities [3]. Group 3: Market Position and Innovation - Daon Co., Ltd. is recognized as a leading player in the domestic rubber and plastic industry, focusing on thermoplastic elastomers (TPV) and modified plastics [8]. - The company has developed a high-end tire barrier material, DVA, which has significant commercial potential and is expected to capture a substantial market share in the tire industry [7]. - DVA's market potential is estimated to generate 2.4 billion RMB in revenue if it achieves a 10% penetration rate in China's annual tire production of 1.2 billion units [7].

Core Viewpoint - The acquisition of the plastic and engineering plastics compound business from the South Korean chemical giant Hanwha by Shandong Dawn Polymer Materials Co., Ltd. is a strategic move to enhance the company's global presence and competitiveness in the international market [1] Group 1: Acquisition Details - The acquisition will be executed through Dawn's wholly-owned subsidiary, Dawn Polymer Materials (Singapore) Investment Co., Ltd., with a total purchase price of approximately $15.737 million [1] - The target business will be established as a new company, which will be fully owned by Dawn Polymer Materials (Singapore) Investment Co., Ltd. [1] Group 2: Strategic Implications - This acquisition aligns with the trend of key customers shifting their supply chains to regions like Vietnam, allowing the company to strengthen strategic partnerships and enhance customer loyalty [1] - Localized production will significantly reduce cross-border logistics costs, shorten product delivery times, and improve after-sales support efficiency [1] - The establishment of a production base in Vietnam will serve as a crucial hub for expanding into the Southeast Asian market, thereby enhancing the overall competitiveness of the company's products and services [1]