Thanks for your attention. Our company has no such plan, thank you.

2020-11-19 From Website

Thanks for your attention. Our company has no degradable plastic business, thank you.

2020-11-19 From Website

Thanks for your attention. Our product SBS is a better polymer modifier. Modified plastics with SBS are superior to general-purpose plastics in terms of flame retardancy, strength, impact resistance, toughness, etc., and are widely used in downstream applications. Home appliances, automobiles, construction office equipment, machinery and other fields, of which home appliances and automobiles are the two largest application fields. In 2015, the domestic consumption of modified plastics was close to 10 million tons. With technological progress and industrial upgrading, its downstream applications are still Continuously expanding. For details, please refer to the business and technical part of Section VI of the prospectus, thank you.

2020-11-19 From Website

Thanks for your attention. The main category of the company’s products is TPES, a new styrene-based thermoplastic elastomer material, which is a new type of thermoplastic green and environmentally friendly polymer material with high rubber elasticity and plastic. It can not only replace traditional synthetic rubber in applications, but also replace traditional PVC, etc. Plastic products, and the products are more stable and optimized in terms of physical and chemical properties. At the same time, there is no need to vulcanize or use plasticizers in the production process of TPES, and the entire reaction process is completed in a closed environment without causing environmental pollution. For details, please refer to the business and technical part of Section VI of the prospectus, thank you.

2020-11-19 From Website

Thanks for your attention. One of the company’s fund-raising projects is a 20,000-ton/year SEPS technological transformation project. SEPS can be used as a filling grease for optical fibers and cables required for 5G construction. It has excellent thixotropy, suitable viscosity, and high to low temperature performance, making it an ideal material select. Before 2017, our country's SEPS products had been all dependent on imports. With the increasing in domestic demand, the import volume continued to rise. It was not until the launch of the Baling Petrochemical SEPS project in the second half of 2017 that our country began the industrial production of SEPS products. The gap in the R&D and production of SEPS products in our country has been eliminated, and the partial replacement of imported products has been realized. Through years of R&D accumulation and technological breakthroughs, the company has mastered the core technology of industrialized production of SEPS products with independent intellectual property rights. The 20,000-ton/year SEPS technological transformation project is in the construction period and will become ourcountry’s successor to Baling Petrochemical after it is successfully put into operation. After the second company with SEPS industrialization capability, ourcountry's independent production capacity of SEPS products will be further improved by then, further alleviating my country's dependence on imports of SEPS products. For details, please refer to the business and technical part of Section VI of the prospectus, thank you.

2020-11-19 From Website

Thanks for your attention. Regarding the progress of fundraising projects, please pay attention to our company's public disclosure announcement, thank you.

2020-11-19 From Website

Thanks for your attention. SEPS production technology requires high technology and is the most difficult variety among TPES products. At present, there are only a few SEPS thermoplastic elastomer manufacturers in the world. SEPS has excellent flexibility, high elasticity, stability, mechanical properties, weather resistance, low temperature resistance, electrical insulation, heat resistance, and chemical corrosion resistance. It is widely used in optical fiber cable filling grease for communication engineering, and high temperature It spans high-end applications such as high-grade lubricant viscosity index modifiers, cosmetics, adult products, highly transparent medical materials, plastic modification, etc. It is also used as a high-end adhesive for medical, electrical insulation, food packaging and interlayers of composite bags Bonding. For details, please refer to the business and technical part of Section VI of the prospectus, thank you.

2020-11-19 From Website

Thanks for your attention. Please pay attention to our company's public announcement, thank you.

2020-11-19 From Website

Thanks for your attention. Please pay attention to our follow-up related announcements, thank you.

2020-11-19 From Website

Thank you for your attention. The media reports are false. The company’s products are widely used in asphalt production, shoemaking, polymer modification and adhesives and other fields. It has close cooperation with DongfangYuhong, Kailun Building Materials, Shandong Expressway, Sinopec and other companies. Please refer to the company's main business in the prospectus for details. For the future development direction of our company, please refer to the prospectus for business development goals. Thank you.

2020-11-19 From Website

Dear investors, since its establishment, the company has focused on R&D, production and sales of styrene-based thermoplastic elastomers (TPES). Continue to enrich and improve SBS and SEBS products as a guide. Accelerate the development of SEPS industrialization as a driving force and continue to lead the development of the industry. As a high-end environmentally friendly product, the company's SEPS is widely used in automotive transportation, home appliance communications, aerospace, medical and health, and large consumption fields. While establishing a high-quality brand image in the industry, it continues to consolidate its leading position. The company attaches great importance to technological innovation and vigorously promotes the construction of a technical team, mostly with core technical personnel. He has extensive work experience in the chemical industry, and has made important contributions to leading and promoting the company’s R&D innovation and product innovation, laboratory and engineering technology center construction, engineering process improvement and technology upgrading; the company also attaches great importance to product line intelligent manufacturing upgrades , Continue to add advanced automated production equipment at home and abroad, build advanced, efficient and environmentally friendly automated production lines at home and abroad to meet the automated production of different products, and create a first-class intelligent manufacturing enterprise. Thank you for your attention!

2020-11-19 From Website

Dear investor, the fully biodegradable plastic project is currently still in the planning stage. After the resolution of the general meeting of shareholders on October 27 is passed, the project will be officially launched. For details, please follow the company's announcement.

2020-11-19 From Website

Dear investor, hello. Sinopec also has styrene-based thermoplastic elastomer related businesses. my country's TPES market is highly concentrated, and our company's production capacity ranks among the top three in the country. It is one of the important suppliers and has a certain influence in the market. For details, please refer to the third item of the business and technology section of the prospectus, the position of the company in the industry competition, thank you.

2020-11-19 From Website