Further Expanding Overseas Map! Oriental Yuhong and South Korea Enterprise Co-Build High-End Building Materials Integrated Solutions

Oriental Yuhong (002271.SZ), a construction materials system service brand, has recently added a key move to its global layout by officially signing a strategic cooperation agreement with BICHUMI GLASS CO., LTD, a Korean glass building materials company. The two parties will focus on the high-end building materials market in South Korea, jointly building an integrated system solution of "glass + sealant." This move marks the deep implementation of Oriental Yuhong's "OYH" globalization strategy, laying a solid strategic foundation for its expansion in the high-end building materials market in the Asia-Pacific region and the establishment of a global localized operation system.

  April 14 report, since the beginning of April, the polypropylene market has shown a narrow fluctuation trend. Except for April 7-8, when the market experienced a wide upward movement followed by a sharp decline due to geopolitical news, the fluctuation range has significantly narrowed in other periods, with prices often remaining stable. On April 10, the price of LSR in East China was 9175 yuan/ton, an increase of 1.66% from the beginning of the month. The temporary ceasefire between the US and Iran and the start of negotiations have made geopolitical news gradually stabilize, and the impact on the spot market has weakened. The market's influencing factors have gradually returned to the fundamentals. From the supply and demand perspective, the shutdown of polypropylene production facilities remains frequent, and the tight supply of raw materials has not changed, with the tightened supply still providing strong support for the spot market. However, the weak profitability of downstream sectors and insufficient new orders have led to weak demand for essential purchases, providing limited support to the polypropylene market. In the short term, it is expected that the polypropylene market will remain stable at a high level, with limited significant changes in the market.

Regarding the "BYD fire incident," BYD told Yicai News that in the early hours of this morning, a fire broke out in a multi-story parking garage at the BYD Pingshan Park. The garage is a dedicated area for storing test and scrap vehicles. Currently, the fire has been extinguished, and there were no casualties. In addition, an informed source told the reporter that the garage involved in this fire does not house any production vehicles.

April 13,Domestic commodity futures opened lower, with the main contracts of Shanghai Gold and Shanghai Silver falling more than 1% each. Internationally, spot gold once again fell below 4,700 USD per ounce, declining 1.08% on the day; spot silver was down 1.89%, at 74.398 USD per ounce. In addition, energy and chemical futures led the gains,Crude oil rose more than 4%, and low-sulfur fuel oil climbed over 3%; international oil prices surged significantly. On the news front, the United States and Iran failed to reach any agreement during negotiations in Islamabad. Additionally, U.S. President Donald Trump posted on social media on the 12th stating that the U.S. Navy would begin blocking vessels from entering and exiting the Strait of Hormuz.

Geelonghui, April 13 | Nanjing Juli Long (300644.SZ) stated on the investor interaction platform that the company has formed a special R&D team for chip encapsulation materials business in 2025. Currently, it is in the early stage of technology exploration and R&D, and has not yet formed cooperative supply with customers.