Dawn shares gain “national” recognition! disclose products and key developments!

Recently, the Ministry of Industry and Information Technology released the list of typical cases for the integration and application of new-generation information technology for the year 2025. Dawn Holdings' application titled "Intelligent Manufacturing New Model Application Practices for Thermoplastic Elastomer Chemical New Materials" was successfully selected, and the company was also recognized as a "Digital Leader" among small and medium-sized enterprises.

In this selection, only two companies in Yantai were successfully recognized, and this official honor fully attests to Dawns Group's outstanding achievements in digital transformation and intelligent manufacturing upgrades.

It is reported that the 2025 selection of typical cases for integrated applications of next-generation information technology by the Ministry of Industry and Information Technology continues the original evaluation system for typical cases of integrated development of informatization and industrialization. It features five core application categories, covering digital leadership, digital supply chains, innovative applications of industrial internet platforms, general digital tool products, and digital scenarios in key industries. Dawn Polymer’s selected project is an outstanding demonstration case in the digital leadership category, providing a mature and replicable practical model for the digital and intelligent upgrading of the chemical new materials industry.

Subsidiary TPV and EPDM

About Daoen

As an A-share listed company in China’s thermoplastic elastomer industry, Dawn Polymer is also a National High-Tech Enterprise, mainly focusing on the R&D, production, sales, and technical services of high-performance thermoplastic elastomers, modified plastics, masterbatches, polyester materials, and other products.

In recent years, the company has been fully committed to developing an integrated digital transformation solution featuring “equipment upgrading + system integration + data-driven operations,” and has digitally reengineered the industry’s classic continuous production process of “fully pre-dispersed dynamic full vulcanization.” By building a full-process collaborative platform deeply integrating the four major systems—ERP, MES, LIMS, and SCADA—Dawn Polymer has achieved closed-loop management across the entire value chain, from product R&D and manufacturing to quality control and warehousing logistics, while also establishing a traceability system covering the entire product lifecycle.

2025 and Q1 2026 Performance Highlights

Full-Year 2025 ResultsFor the full year, the company achieved operating revenue of RMB 6.056 billion, a year-on-year increase of 14.25%; net profit attributable to shareholders of the listed company was RMB 189 million, up 34.03% year-on-year; net profit after deducting non-recurring gains and losses was RMB 172 million, a substantial year-on-year increase of 46.82%, and the profitability quality of the main business improved significantly. Total product sales volume for the year reached 556,100 tonnes, a record high. By business segment, the modified plastics business generated revenue of RMB 4.399 billion, up 15.60% year-on-year, remaining the company’s core pillar; the thermoplastic elastomers business generated revenue of RMB 832 million, up 8.33% year-on-year, with TPV products growing 16.26% year-on-year, demonstrating strong growth resilience.

Q1 2026 performance: The Company sustained rapid growth, achieving operating revenue of RMB 1.716 billion, up 33.44% year over year; net profit attributable to shareholders of the listed company of RMB 119 million, a significant increase of 168.92% year over year; and net profit excluding non-recurring gains and losses of RMB 75.2466 million, up 103.49% year over year. Net cash flow from operating activities was RMB 130 million, a substantial turnaround from RMB -126 million in the same period last year, indicating a significant improvement in the Company’s cash flow position.

Recent Important Developments

On May 15, Dawn Polymer accepted research visits from multiple institutional investors via remote online communication, and disclosed a number of important business developments during the Q&A session:

① Accelerated commercialization of DVA tire materials: The company’s self-developed new thermoplastic elastomer DVA, used as a high gas-barrier layer for tires, has achieved the expected results in road testing and is currently actively advancing its commercial implementation plan. Cooperation with Linglong Tire is progressing smoothly, and DVA materials are expected to enter large-scale rollout in the second half of 2026.

② Proactively responding to raw material price fluctuations: In response to the recent rise in crude oil and certain chemical raw material prices caused by geopolitical factors, the Company has adopted multiple measures, including optimizing raw material procurement and inventory management to hedge against price fluctuation risks, continuously advancing cost reduction and efficiency improvement to enhance production efficiency, and flexibly adjusting product pricing and sales strategies in line with market changes, making every effort to maintain operational stability.

③ Deepening Cooperation with New Energy Vehicle Customers: The company has established direct business cooperation with Leapmotor, supplying related modified plastic products. In addition, the company's LFT series lightweight materials have successfully entered the supply chains of several new energy vehicle manufacturers, including Leapmotor, Chery, and XPeng, becoming a new growth driver for the modified plastics business.