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Haiyou New Materials (688680.SH): The factory in Vietnam has already developed production capacity for adhesive films and has conducted small-batch trial production.
On December 16, Gelonghui reported that Haiyou New Materials (688680.SH) stated on the investor interaction platform that the Vietnam factory is currently capable of producing adhesive films and has conducted small batch trial production.
Accelerate the layout of overseas localized production, Haiyou New Materials plans to establish a subsidiary in the USA to produce photovoltaic packaging adhesive films.
① Haiyou New Materials is accelerating its Global Strategy in the overseas market, actively expanding into the USA, Turkey, India, and other overseas markets; the company's overseas revenue accounted for 2.28% in the 2024 mid-term report. ② Haiyou New Materials stated that the competitive landscape in the photovoltaic film segmentation market has recently become more severe, with prices of the film raw materials EVA and POE Resin declining, but the effects of adjustments on the supply side of the film are also becoming more evident.
Haiyou New Materials (688680.SH): Plans to establish a subsidiary in the USA to implement a high polymer specialty membrane project.
On December 10, Gelonghui reported that Haiyou New Materials (688680.SH) announced that, based on the current international environment and USA-China relations, and according to the company's overseas strategic layout and Business development needs, the company plans to establish a subsidiary in the USA to implement a polymer specialty film project. This project represents a deepening collaboration based on strategic technological partnerships within the industry in the USA, and is an important measure to achieve localized production and market extension of the company's photovoltaic packaging adhesive film in the USA market. The total investment in the project is expected to be no more than 10 million USD (the final investment amount will be based on the actual investment in the project construction).
HIUV New Materials to Build Industrial Base for 250 Million Yuan
Haitian Optoelectronics (688680.SH): plans to invest about 0.25 billion yuan to build a photovoltaic encapsulation film production base in Southwest China.
Glonghui, November 29th | Haiyou New Materials (688680.SH) announced that in order to further optimize and improve the industrial layout, strengthen product support capabilities and core competitiveness, closely integrate into the core customer supply chain system, reduce transportation costs, respond quickly to customer needs, and enhance customer satisfaction, the company's board of directors has agreed to sign the "Investment Agreement" (hereinafter referred to as "this agreement") with the Government of Jintang County (hereinafter referred to as "Jintang County Government" or "Party A"), to invest in the construction of the "Photovoltaic Packaging Adhesive Film Southwest Production Base Project" in Jintang County, Chengdu, Sichuan Province, and establish the project company Chengdu Haiyouwei Applied Materials Co., Ltd.
Haiyouxincai (688680.SH): Intends to cancel the wholly-owned subsidiary Changzhou Hewei New Materials Technology Co., Ltd.
On November 29, Gelonghui reported that Haiyou New Materials (688680.SH) plans to cancel its wholly-owned subsidiary, Changzhou Hewei New Materials Technology Co., Ltd., and has authorized relevant personnel to handle the related procedures.
Investors Met With Slowing Returns on Capital At Shanghai HIUV New MaterialsLtd (SHSE:688680)
