On the evening of April 27, Dawn Polymer released its first quarter report for 2026. During the reporting period, the company achieved a year-on-year increase of 33.44% in operating revenue; a year-on-year increase of 168.92% in net profit attributable to the parent company; and a year-on-year increase of 103.49% in net profit excluding non-recurring items. Both revenue and profit achieved rapid growth, and the company's operating quality continued to improve, fully demonstrating the strong resilience and growth potential of a leading polymer new materials enterprise.

The significant increase in performance is attributed to two main factors: firstly, the acquisition and consolidation of Ningbo SK by Dawn Polymer, which has been a core growth engine; and secondly, the company's years of R&D accumulation have enabled it to develop high-polymer alloy technology, achieving steady expansion of its core businesses such as thermoplastic elastomers and modified plastics, and steadily increasing its market share.

In December 2025, Dawn Polymer acquired the equity of Ningbo SK, which was officially included in its consolidated financial statements starting in February of 2026. Ningbo SK has an annual production capacity of 65,000 tons of ethylene propylene diene monomer (EPDM) rubber and is the first private enterprise in China with EPDM polymerization technology. EPDM is a core raw material for Dawn Polymer's thermoplastic elastomers. This acquisition completely breaks through the upstream bottleneck, achieving self-control over raw materials and perfecting the entire industrial chain layout of "polymerization-modification-application".

Furthermore, modified plastics have been a new engine for the company's business growth. Key product series such as lightweight LFT materials and high-gloss free-spraying ASA have already been applied in projects and supplied in batches to major customers. Among them, the LFT series products have successfully entered the supply chain system of leading OEMs; Dawn Polymer's new high gas barrier layer (DVA) material technology for tires is nearing commercialization, with mass production planned for the second half of 2026, which is expected to replace imported products and has ample room for market growth.

Standing at a new starting point, Dawn Polymer will take the high growth in the first quarter as an opportunity, adhere to the business philosophy of "product-based, people-oriented, technology-led, and customer-centric", deepen the synergy of the industrial chain and technological innovation, continue to expand the high-end market at home and abroad, consolidate its leading position in the industry, reward investors with excellent performance, and help the polymer new materials industry in China to achieve high-quality upgrading.