On the night of April 28, Shandong Dawn Polymer Co., Ltd. (hereinafter referred to as Dawn Polymer) issued an announcement stating that its board of directors approved the company's acquisition of Shandong Dawn Titanium Industry Co., Ltd. (hereinafter referred to as "Dawn Titanium Industry"). On April 24, Dawn Polymer also released an announcement about the acquisition of Anhui Bosite New Material Co., Ltd. (hereinafter referred to as "Anhui Bosite"). The acquisition of 100% equity in these two companies marks a new step in Dawn Polymer's capital operation, accelerating its layout in the new track of the titanium industry and its in-depth development in the segmented field of polymer materials for cables.

As a listed company in the thermoplastic elastomer sector on the A-share market in China, Dawn Polymer is a national high-tech enterprise and a national single champion product enterprise. It is committed to providing solutions for elastomers, modified plastics, masterbatch, and polyester materials. Its products are mainly applied in fields such as automotive transportation, home appliances and telecommunications, medical and health, aerospace, consumer goods, and new energy. Many of its core products lead the industry standards and have entered the global competition stage.

It is reported that Dawn Polymer currently has an annual production capacity of 700,000 tons. Its thermoplastic elastomer (TPV) holds approximately 50% of the domestic market share, and its market share in replacing imported products has ranked first in the country for 15 consecutive years. According to the financial report released by Dawn Polymer on April 24, the company achieved a year-on-year revenue growth of 16.65% in 24, reaching a historical high. In the first quarter of 2025, the company's revenue increased by 6.58% year-on-year, and its net profit attributable to the parent company rose by 25.44% year-on-year, demonstrating a strong, high-quality development trend.

Dawn Titanium Industry is a leading enterprise in China's titanium dioxide industry. Industry experts point out that inorganic chemical new materials such as titanium dioxide and ferrous sulfate, the core products of Dawn Titanium Industry, form a beneficial complement to the existing polymer new material business of Dawn Polymer After the merger and acquisition, through resource integration and enhanced synergistic effects, it will accelerate the pace of Dawn Polymer in technological innovation and product optimization, improve its risk resistance ability, reserve more momentum for future performance growth, and accelerate the realization of its strategic vision.

According to data from the China Electrical Equipment Industry Association, China's wire and cable market has a trillion-level market scale, and the demand is steadily increasing, driving the continuous growth of downstream demand for polymer materials used in wires and cables. With the construction of a new power system, the requirements for the performance indicators of wire and cable materials, such as pressure resistance, high-temperature resistance, wear resistance, oil resistance, climate resistance, flame retardancy, environmental protection, ultra-thinness, softness, and protection against mice and termites, are constantly increasing. The material system has gradually developed into polymer materials including special PVC, PE, XLPE, halogen-free low-smoke polyolefin, PP materials, special rubber, thermoplastic elastomers, etc.

The headquarters of Anhui Bosite is located in Xuancheng City, Anhui Province, and it is an enterprise specializing in the production of cable insulation materials. Through this acquisition, Dawn Polymer will deeply cultivate the segmented field of new wire and cable materials, especially in the markets of power cables, control cables, cables for airport runways, marine cables, heating cables, nuclear power insulation, photovoltaic insulation, etc., and form a synergistic effect with the existing research and development of high-filled PP materials of the company. "The wire and cable industry belongs to the type of 'emphasizing materials and de-emphasizing processing', with raw materials accounting for more than 80%. We are optimistic about the future market of wires and cables, and the usage volume will be very large," said a relevant person in charge of Dawn Polymer.

Currently, Dawn Polymer is laying out the recycling material industry, as well as nylon materials and alloy materials for robot arms, and is researching and developing elastomer materials for human-like simulations. After the acquisition of Anhui Bosite, it will increase the research and development of the tracking resistance of silane cross-linked materials, thin-walled silane cross-linked polyethylene, medium and high voltage flexible cable materials, halogen-free flame-retardant TPU cable materials, such as low-smoke halogen-free sheathing materials that meet the Bl-level combustion characteristics, AC/DC ultra-clean insulation materials and ultra-smooth shielding materials that meet 110kV, 220kV, and 500kV, a new generation of environmentally friendly medium and high voltage polypropylene (PP) materials, high-performance elastomer materials (TPE, TPU) that meet the high-frequency movements of robots and industrial automation equipment, etc., and continuously improve the product competitiveness and the company's profitability.