On July 28, 2025 local time, the European Union officially announced its final ruling: the regulation "Imposing Definitive Anti-Dumping Duties on Imports of Epoxy Resin Originating in the People’s Republic of China, the Taiwan Region of China, and Thailand, and Terminating the Investigation on Epoxy Resin Originating in South Korea" officially comes into effect. Previously, in July 2024, the European Commission formally initiated an anti-dumping investigation, with the complainant being a “provisional alliance” formed by domestic epoxy resin producers in the EU. In February 2025, the EU began imposing provisional anti-dumping duties on epoxy resin imported from Mainland China, Taiwan, and Thailand.

In the second quarter of 2025, Mattel's net sales decreased by 6% year-over-year, achieving revenue of $1.02 billion. The continued weakness in the North American market dragged down overall performance, with sales in that region declining by 16%, although a 7% growth in the international market partially offset this impact. Despite the decline in sales, Mattel's gross margin improved by 170 basis points to 50.9%, benefiting from cost reductions, optimized inventory management, and an improved product mix. The adjusted gross margin rose to 51.2%.

The latest draft of the "E-Commerce Law" released by the Vietnamese Ministry of Industry and Trade requires all foreign e-commerce platforms operating in Vietnam (including those using the .vn domain, providing a Vietnamese language interface, or with an annual transaction volume exceeding 100,000 transactions) to designate a local legal representative or establish a legal entity. This measure will hold the representative accountable for the platform’s violations. Additionally, the Vietnam Customs recently announced that starting from August 1, it will implement Circular No. 29/2025/TT-BTC, initiating an automated VAT collection process for imported courier goods valued below 1 million VND.

Recently, the Australian Anti-Dumping Commission issued Notice No. 2025/061, stating that, in response to an application submitted by the Chinese exporter Dongguan Minxing Cables Co., Ltd, it has initiated a review investigation into anti-dumping and countervailing measures on PVC Flat Electrical Cables exported to Australia. The review will examine whether the variable factors related to the current anti-dumping and countervailing measures should be changed. The investigation period is from April 1, 2024, to March 31, 2025. The product involved is classified under Australian Customs Code 8544.49.20.41. The Australian Anti-Dumping Commission expects to complete the essential facts report of this investigation no later than October 26, 2025, and to submit the final report to the Minister for Industry and Science no later than December 10, 2025.

On July 18, 2025, the Secretariat of Foreign Trade of the Ministry of Development, Industry, Trade and Services of Brazil issued Notice No. 56 of 2025, stating that a public interest assessment procedure for anti-dumping measures on polyether polyol with a molecular weight between 300 and 4500 g/mol and a purity of no less than 90% (including mixtures with a concentration of no less than 90%) originating from China and the United States has been initiated. The notice takes effect from the date of its publication.

On July 22, Japan's AGC Inc. officially announced that it has reached an agreement with Sumitomo Bakelite Co., Ltd. to transfer its polycarbonate business to Sumitomo Bakelite. For AGC Inc., this transfer does not mean abandoning the polycarbonate business, but rather finding a more suitable environment for its development based on the company's overall strategic layout.

Arkema and its affiliate PI Advanced Materials have announced the launch of a new brand name for their flagship high-performance polyimide product: Zenimid™. This move marks an important step in PI Advanced Materials' commitment to expanding its product range's global reach across multiple markets, including aerospace, automotive, electronics, and industrial sectors.

On June 3, Lei Jun, founder of Xiaomi, disclosed at the Xiaomi Investor Conference that the latest Xiaomi YU7 could not be priced at the rumored 235,900 yuan, and the official pricing would be confirmed 1-2 days prior. Lei Jun stated that five years ago, Xiaomi started investing in the research and development of robotics, and currently, the automobile factory is testing related capabilities. Xiaomi's automotive chip is under development and is expected to be launched soon.

Recently, Saelos, a producer of green environmental friendly bacterial cellulose raw materials (short for: Saelos), has completed its Pre-A financing round. This financing was invested by Hahe Industrial Fund, with the investment amount undisclosed. Saelos was established on May 5, 2023, primarily engaging in the production, sales, and industrial application of green environmental friendly bacterial cellulose raw materials. The company's main products include bacterial cellulose and biocatalysts, dedicated to providing sustainable raw material solutions for industries such as environmental protection, pharmaceuticals, and food.

An investor asked on the investor interaction platform: Is the pilot plant for waste plastic pyrolysis in Huangdao still in operation? What is the longest record of continuous stable operation?Huicheng Environmental Protection(300779.SZ) stated on the investor interaction platform on May 26 that the pilot plant for the company's self-developed Catalytic Pyrolysis of Mixed Waste Plastics (CPDCC) technology has maintained stable operating conditions since its construction and is currently undergoing other research and development trials.

Hisense Air Division (in preparation) held a closed-door meeting, during which the Hisense Air Industry team conducted a four-hour closed-door communication with core partners. The Hisense home air conditioners and central air conditioners lineup, including brands such as Hisense, Hitachi, Kelon, York, and Brilliant, was collectively unveiled. The closed-door meeting revealed that all product lines are prepared for "offensive" actions. Based on the timeline, this closed-door meeting may be Yin Bitong's first major move after joining Hisense. Previously, Yin Bitong was...Midea GroupServed as Vice President, and transferred to Hisense on May 19 to serve as the President of the********************** (Hisense Air Conditioning Business Unit). Note: It seems there is a part missing in the original Chinese sentence, specifically "**" which is translated as "being prepared" or "under******," referring to the department being in the preparatory stage. For accurate translation, more context might be needed.

Recently, Avantium announced that it has signed a capacity reservation agreement with BIOVOX, a pioneer in sustainable healthcare plastics. Under this agreement, BIOVOX commits to using Avantium's PEF (polyethylene furanoate) for various pharmaceutical applications. This PEF is expected to be produced in future industrial-scale facilities, and the multi-year capacity reservation ensures that BIOVOX has priority access to PEF produced in Avantium's future authorized network.As a supplier of medical-grade renewable polymers and compounds, BIOVOX has assessed the use of PEF in various pharmaceutical and medical applications. Compared to traditional petrochemical-based materials, pharmaceutical packaging based on PEF offers significant environmental benefits, aligning with the growing demand for sustainable solutions in the pharmaceutical industry.

On May 22nd, as the convoy of containers carrying the first batch of medical packaging products for export to Australia set off with a whistle, Haichang Medplas officially embarked on a new chapter of its internationalization strategy, achieving a "zero breakthrough" for Shanghai Pharmaceutical's pharmaceutical packaging materials in the mainstream international market. The smooth delivery of this first order to Australia marks the entry of Haichang Medplas' internationalization strategy into a substantive advancement phase. In the face of intense competition, Haichang Medplas has strategically positioned itself internationally with forward-looking vision and efficient execution. By successfully obtaining the U.S. FDA-DMF filing number in 2023, the company significantly enhances its international competitiveness, laying a solid foundation for Haichang Medplas to further expand into international markets.

On May 23, it was reported that the National Intellectual Property Administration of China announced that Nantong Yonglian Packaging Materials Co., Ltd. has obtained a patent for a device for removing static electricity used in energy-saving and environmentally friendly automated blow molding processes, with the authorization announcement number CN222897357U and an application date of June 2024.

During the 2025 Global AI Terminal Exhibition and the 6th Shenzhen International Artificial Intelligence Exhibition, Honor launched its Alpha Strategy for the first time in China, announcing a comprehensive transformation from a smartphone manufacturer to a globally leading AI terminal ecosystem company. The company plans to invest $10 billion (approximately RMB 72 billion) over the next five years to build an AI ecosystem that covers all scenarios.

At Xiaomi's 15th anniversary strategic new product launch event, the Xiaomi 15S Pro was unveiled, starting at a price of 5499 yuan. It is the first to carry the "Xuanjie O1" 3nm flagship processor. It is reported that the Xiaomi 15S Pro, Xiaomi Tablet 7 Ultra, and Xiaomi Watch S4 all carry Xiaomi's independently developed and designed Xuanjie chips.

According to the China Trade Remedy Public Information Network, on May 20, 2025, the United States International Trade Commission (ITC) voted to initiate a Section 337 investigation into certain balloon dilation devices, systems, and components. The investigation code is 337-TA-1449. The named respondents are: Fiagon GmbH, Hennigsdorf, Germany; Fiagon AG Medical Technologies, Hennigsdorf, Germany; Fiagon NA Corporation, Austin, Tex.; Fiagon NA, LLC, Austin, Tex.; Hemostasis, LLC, White Bear Lake, Minn.

Brazilian chemical giant Braskem recently released its first-quarter financial report, attributing a significant increase in profits to the widening price spread of polyethylene (PE) in international markets and growth in polypropylene (PP) sales in Europe and North America. In the first quarter of 2025, net profit reached $113 million, reversing a loss of $967 million in the fourth quarter of 2024 and a loss of $273 million in the same period last year; revenue totaled $3.331 billion, a 1% increase quarter-over-quarter but an 8% decrease year-over-year. Adjusted earnings per share were 15 cents, far exceeding the consensus estimate of 8 cents from S&P Capital IQ. The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) reached $224 million, a 121% increase from the previous quarter (which was $102 million), with the profit margin rising from 3% in the fourth quarter to 7%.

In April, U.S. tariff revenue surged, helping to curb the further expansion of the budget deficit. However, as President Trump seeks trade agreements with countries that are subject to these tariffs, future tariff revenues may decline. Data from the U.S. Treasury Department shows that tariff revenue in April amounted to $16 billion, an increase of $9 billion compared to the same period last year, representing a 130% increase. According to aggregated data, this is the highest monthly tariff revenue record in at least a decade.

Recently, South KoreaThe Ministry of Economy and Finance issued Decree No. 1125,Decide to continue imposing measures on oriented polyesters originating from China, Indonesia, and Thailand with a thickness exceeding 10 microns. A five-year anti-dumping duty is imposed on the film.(See attached table), including,The tax rate in China is 2.50% to 25.04%.The tariff numbers of the**** products in Korea are 3920.20.0000 and 3921.90.2000. The measures shall enter into force on the date of publication of the notice.