On the evening of March 30th, Dao En Shares (002838. SH) disclosed its 2025 annual report. During the reporting period, the company's product sales exceeded 556100 tons, and its operating income, net profit attributable to shareholders of the listed company, and net profit after deducting non recurring gains and losses increased by 14.25%, 34.03%, and 46.82% year-on-year, respectively. All indicators reached historical highs, delivering an impressive performance report and continuing to consolidate Daoen's leading position in the polymer new materials industry.
2025 is the year when the 14th Five Year Plan comes to an end. The global economic situation is complex and changing, and China's economy is pushing forward and developing towards new and better directions. The chemical new materials industry in which Daoen Corporation operates continues to move towards high-end, green, and intelligent directions. The rapid rise of strategic emerging industries such as new energy, embodied intelligent robots, low altitude economy, high-frequency communication, and artificial intelligence has brought new opportunities for the company to achieve sustained high-quality development.
During the reporting period, Daoen Group continued to deepen its main business in elastomers, using research and development innovation as the engine to create a core competitiveness characterized by elastomers. In the modified plastics business sector, by deeply exploring downstream customer needs and pain points, focusing on research and development of new products, new fields, and new processes, we aim to create a highly competitive product system and continuously expand the application areas of our products in the market. Carry out key technological breakthroughs around core products. Through external mergers and acquisitions, optimize product layout, extend the industrial chain, and inject new momentum into the company's business development.
Adhere to innovation driven approach and fully cultivate new quality productivity. Daoen Shares and Linglong Tire jointly develop a new type of high gas barrier layer for tires
Thermoplastic elastomerThe application technology of DVA is currently advancing the commercialization of the project as planned. This material is expected to achieve disruptive substitution and upgrading of existing tire airtight layer materials, with broad market substitution space and good development prospects in the future. The development team of Dao En elastomers is working on ultra soft artificial muscles
TPEArtificial skin Si
TPVSignificant progress has been made in the research and reserve of conductive TPE, temperature sensitive color changing TPE, and light sensitive color changing TPE.
Daoen DVA selected as one of the top ten technological innovation achievements in Shandong Province
With the increasing demand for polymer alloy materials in the fields of automobiles, home appliances, robots, electronic materials, aerospace, etc., Daoen Group has integrated resources to create a polymer alloy technology platform. According to the introduction, alloy technology refers to a composite material system formed by physical blending or chemical grafting, block formation, etc. of two or more polymers with different chemical structures, which is macroscopically uniform and may have multiphase structures at the microscopic level, achieving performance complementarity between materials. The "lightweight+strength" technology developed based on this platform uses "engineering plastics+fibers+surface grafting reaction technology" to produce polymer composite materials, which are applied in fields such as robot lightweight reducers and automotive steel substitution with plastic; The technology of "lightweight+sealing" adopts "rubber+plastic+fiber+cross-linking technology" to make dynamic vulcanized alloy DVA material, which is applied in the field of tires; The "lightweight+conductivity" technology uses "metal+plastic+rubber" to make conductive rubber materials, which are applied in fields such as communication, electronics, and electromagnetic shielding.
Promote the implementation of the three major transformations and broaden the development space of enterprises. Focusing on digital transformation, empowering the entire production and operation process, and continuously improving the level of refined management. Focusing on green and low-carbon transformation, promoting green development, continuously deepening the construction of green production and manufacturing system, accelerating the development, application and promotion of green products. Focusing on international layout, setting up factories in Russia and accumulating overseas operational experience. Announced the acquisition of a Vietnamese company to consolidate strategic partnerships with core customers by achieving localized and nearby supply. At present, the company's overseas layout focuses on Southeast Asia, Central Asia, North America and other regions.
Daoen&Hecheng Vietnam Project Signing Ceremony
2026 is the starting year of the 15th Five Year Plan and a crucial year for the company to seize the opportunity and plan its layout. Daoen Corporation will closely focus on market demand and develop products that create value for customers. Unify and integrate procurement, sales, technology, and financial resources of subsidiaries to improve resource utilization efficiency. Relying on the four major technology platforms of "plasticization modification+dynamic vulcanization+esterification synthesis+hydrogenation reaction", focusing on leading technology, expanding upstream and downstream business fields, and becoming a globally leading green and lightweight polymer composite new material enterprise with elastomers as its characteristic.