Dawn Group Co. , Ltd
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The 5th Listed Anniversary! Dawn Polymer Handed over A Qualified Transcript
Release Date:2022-01-24
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January 6th was the 5th listed anniversary of Dawn Polymer. Previously, on January 6th, 2017, the bell of Dawn Polymer's listed on the Shenzhen Stock Exchange rang, and Dawn officially started a new journey in the capital market. As the first thermoplastic elastomer A-share listed company in China, Dawn Polymer's operation income has increased from CNY 800 million in 2016 to CNY 4.422 billion in 2020, and its net profit has increased from CNY 79 million in 2016 to CNY 855 million in 2020, which handed over a qualified transcript to the capital market and investors.

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Innovation drives high-quality development. Over the years, Dawn Polymer has undertaken several national, provincial, and ministerial-level major projects such as the National 973 Program, the National Support Program, the National Enterprise Technology Center Innovation Capacity Building, the National New Material R&D and Industrialization Project, and won several technological awards including the second National Technology Invention Award. In 2020, Dawn Polymer was selected into the second batch of "Little Giants" list of the Ministry of Industry and Information Technology of China. "Thermoplastic Elastomer (TPV)" passed the "Taishan Quality" certification, and modified plastics and TPV became Shandong famous brand products. In December 2021, Dawn Polymer won the nomination of Shandong Provincial Governor Quality Award, which is a landmark achievement of high-quality enterprise development.

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At the beginning of the outbreak of COVID-19 in 2020, Dawn Polymer attracted extensive attention from investors to produce special melt blown polypropylene raw materials for masks. Its stock price continued to rise, with a market value of up to CNY 25.3 billion. Facing the huge demand for melt blown materials, as the national standard-setting unit of "Plastic Polypropylene Melt blown Special Materials" and a key guarantee enterprise for national epidemic prevention and control, Dawn Polymer made full use of its power to expand production capacity, and went all out to ensure the supply of special melt blown polypropylene materials for masks, which won the favor of customers at home and abroad, won the thanks and commendation of the State Council, the Ministry of Science and Technology and some provinces, and showed the high social responsibility and national feelings of listed companies.

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With the introduction of China's plastic restriction policy, the market demand for degradable plastics has grown rapidly. Dawn Polymer actively responded to the national call and accelerated the layout of the field of degradable materials. In cooperation with China Textile Academy and Qingdao Zhoushi Company, it opened a one-stop whole industrial chain in the field of bio-based material R&D, manufacturing, and packaging, contributing "Dawn Power" to achieve carbon neutrality and emission peak.

Since its listed, Dawn Polymer has successively promoted the acquisition of major asset restructuring matters of Haier New Materials, successfully issued CNY 360 million convertible corporate bonds, completed the employee stock ownership plan, and carried out equity incentive business. "In the next step, the company will make full use of capital market means to help the company's capital operation enter a virtuous circle and lay the foundation for the company's sustainable development." Wang Youqing, secretary of the board of directors of Dawn Polymer, said.

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Integrity management, compliant governance, and standardized operation are the basis for Dawn to choose to be listed as a public company. In the past 5 years, it has obtained the excellent assessment results of "A" category of information disclosure of Shenzhen Stock Exchange for 4 consecutive years, which was the recognition of Shenzhen Stock Exchange for the standardized operation and information disclosure work of Dawn Polymer. It reflected the standardization of the company's operation and management, the high quality of information disclosure, and the standardization of investor relationship management, which would help to further enhance the image of Dawn Polymer in the capital market.

The five years of listed are the five years of Dawn Polymer's cohesive and rapid development. In the future, Dawn Polymer will actively respond to the overall national strategy, strengthen and expand the real economy, adhere to the business philosophy of "products-rooted, people-oriented, technology-led, and customer-first", continue to increase investment in scientific research, continue to optimize scientific research layout, continue to enrich the product matrix, continuously explore and improve the level of corporate governance, achieve high-quality development, and create greater value for shareholders and society.