On May 25, an investor askedCangzhou MingzhuI would like to ask about the Company’s order situation against the backdrop of the national “Six Networks” initiative: 1. Which specific areas of the “Six Networks” do the Company’s PE pipelines, lithium battery separators, and BOPA films correspond to, respectively? What is the current scale of orders and framework agreements on hand for each business segment, and how have they grown year-on-year? 2. Since the state-owned capital became the controlling shareholder, has this brought any new orders, new customers, or major cooperation opportunities related to “Six Networks” projects? 3. What is the situation this year regarding newly added orders and awarded projects for PE pipelines in municipal pipeline network and water conservancy projects, and for BOPA films in the logistics packaging sector? Regarding this,Cangzhou MingzhuOn May 28, in response on the investor interaction platform, it was stated that PE pipeline products are one of the company's main products, primarily used in the construction of underground networks such as gas and water supply. The introduction of this policy will have a positive impact on the company's pipeline product business. Currently, the production and sales of various products are operating normally. The company will actively explore domestic and international markets based on the sales targets set at the beginning of the year, fully strive to stabilize operations and increase efficiency, while closely monitoring industry policy trends and actively expanding market share.

Recently, Oriental Yuhong's production, research, development, and logistics base in Brazil successfully completed the trial production of the first batch of single-component waterproof coatings and primers. All product testing indicators met the standards, and the first batch of market orders has been secured. This marks the formal transition of Oriental Yuhong's Latin American market layout from a "channel acquisition + trade distribution" model to a new stage of localized independent production capacity. Its integrated operation system of "research, production, supply, sales, and service" in the Latin American region is becoming increasingly mature.

In April 2026, China’s PVC imports were 161,000 tons, down 12% month-on-month and 40% year-on-year. Cumulative imports from January to April totaled 569,000 tons, down 34% year-on-year. PVC exports in April were 284,700 tons, down 58% month-on-month and 21% year-on-year. Cumulative exports from January to April reached 1.70 million tons, up 27% year-on-year. Exports of flooring materials in April were 369,700 tons, up 52% month-on-month and 0.8% year-on-year. Cumulative exports from January to April totaled 1.32 million tons, down 6.33% year-on-year.

According to a report by The Guardian, Japan’s architecture, dry-cleaning, food processing, and paint manufacturing industries have already felt the impact of a naphtha shortage. A Kyodo News poll released on the 17th showed that more than 70% of respondents were worried about the naphtha supply issue. In addition, according to a report by Japan’s public broadcaster NHK on the 18th, the naphtha shortage is emerging in various forms across Japan, from loosening rules on the use of garbage bags to redesigning food packaging.

Recently, the Center of Science and Technology & Industrialization Development of the Ministry of Housing and Urban-Rural Development announced the review results for the list of “Applicable Building Materials Products for ‘Good House’ Construction (Second Batch),” with Oriental Yuhong’s “Highly Weather-Resistant Reflective Thermal Insulation Flat Roof Waterproofing System” selected. It is reported that the selected system is an integrated solution developed by Oriental Yuhong to address common industry pain points in flat roof construction, such as water leakage, difficulties in heat insulation and cooling, and insufficient aging resistance and durability. At present, the system has been widely applied in various engineering projects, including hospitals, schools, affordable housing, and industrial parks.

Recently, A-share construction and building materials service provider Dongfang Yuhong (002271.SZ) officially signed a strategic cooperation agreement with leading Indonesian building materials company Avian Brands. The two parties will leverage their respective advantages in global technological accumulation and local operations to deepen collaborative empowerment, jointly expand the Indonesian market, and promote high-quality development in the Southeast Asian construction waterproofing industry.

今年一季度，我国传统建材领域持续承压，结构优化提速，绿色发展成为行业转型的核心增长引擎。数据显示，建材行业加快绿色转型，累计压减退出低效产能2980万吨，产能利用率止跌回升；以光伏玻璃、玻璃纤维及制品为代表的先进无机非金属材料行业蓬勃发展，光伏玻璃需求量在平板玻璃需求量占比中接近50%；玻璃纤维及制品行业利润总额同比增长130%。绿色建材量利齐升，截至一季度末，全国绿色建材认证产品较2025年底增长5%；建材行业利润总额同比增长16.2%。

当地时间5月13日，中美经贸中方牵头人、国务院副总理何立峰与美方牵头人、美国财政部长贝森特在韩国举行经贸磋商。双方以两国元首重要共识为指引，秉持相互尊重、和平共处、合作共赢的原则，就解决彼此关注的经贸问题和进一步拓展务实合作进行了坦诚、深入、建设性的交流。

Asahi KaseiThe released Q4 FY2026 report shows that the parent company’s net profit for the quarter was ¥38.186 billion, an increase of 4.56% year-on-year; total revenue was ¥813.242 billion, up 4.52% year-on-year. The company primarily engages in chemical-related businesses and has seven business divisions. The Chemical Division supplies petrochemical products, functional films, and functional resins. The Textile Division supplies synthetic textiles and nonwoven fabrics. The Housing Division engages in housing development and sales, renovation, and real estate transactions. The Building Materials Division supplies aerated lightweight concrete and high-performance thermal insulation materials. The Electronics Division manufactures and sells electronic materials and electronic components. The Pharmaceuticals and Medical Division supplies pharmaceuticals and medical devices, including artificial kidneys, blood purifiers, leukocyte removal filters, and virus removal filters. In addition, the company is involved in the design, construction, and maintenance of industrial facilities.

Cangzhou MingzhuDuring the survey, it was stated that the company's main products include PE pipes, BOPA films, and lithium-ion battery separator products. As one of the production bases for PE gas and water pipe systems, the company has maintained leading sales volumes in the industry for many years, with a good market reputation and widespread customer recognition, making it a highly influential enterprise in the PE pipe niche market; in the BOPA film product area, the company, with its scale and technological advantages, satisfies the needs of different market customers by arranging the production of both synchronous and asynchronous products, offering stable and high-quality products that are widely recognized by customers, and has become a highly influential enterprise in the niche market due to its production scale and technological advantages; in terms of lithium-ion battery separator products, as production technology and processes continue to improve and perfect, the production scale is continuously expanding, and the products have entered into both domestic and international mainstream battery manufacturing enterprises.

Cailian News, April 28: Dongfang Shenghong (000301.SZ) announced that in the first quarter of 2026, it achieved operating revenue of RMB 32.022 billion, representing a 5.65% year-on-year increase; net profit attributable to shareholders of the listed company amounted to RMB 1.432 billion, a 319.86% year-on-year increase. CaiXiao Note: The company’s net profit for Q4 2025 was RMB 0.07 billion; based on this, its Q1 2026 net profit increased 20,357% quarter-on-quarter. (Source: Cailian News APP)

Chemical giantBASFAnnouncing that it will use its global portfolio to The prices of antioxidant, processing stabilizer, and light stabilizer products have been further increased, with the highest increase reaching 25%.BASFIt is indicated that this price adjustment is due to the significant increase in raw material prices, energy, and logistics costs caused by the military conflict in the Middle East.

According to data released by the National Bureau of Statistics, from January to March, profits of industrial enterprises above the designated size nationwide amounted to RMB 1.69604 trillion, an increase of 15.5% year-on-year. During the same period, state-controlled enterprises realized profits of RMB 619.61 billion, up 10.1% year-on-year; shareholding enterprises realized profits of RMB 1.30546 trillion, up 20.9% year-on-year; enterprises with foreign and Hong Kong, Macao, and Taiwan investment realized profits of RMB 383.73 billion, up 1.2% year-on-year; and private enterprises realized profits of RMB 430.53 billion, up 25.4% year-on-year.

After two rounds of intensive price adjustments in March, China's waterproofing industry is facing another wave of price increases.Recently, Keshun Waterproof Technology Co., Ltd. (hereinafter referred to as "Keshun Shares") issued a "Notice on Price Adjustment of Engineering Waterproofing Materials," announcing that effective April 30, 2026, the prices of its JS polymer-modified cementitious waterproof coating product series will be increased by 10% from current levels, while other engineering waterproofing product series will see price increases of 3% to 8%.This marks the third price adjustment notice issued by Keshun Shares since 2026, indicating that raw material cost pressures continue to be passed down to downstream customers.

On the evening of the 22nd local time, Iran's Islamic Parliament Speaker and chief negotiator, Qalibaf, stated that a comprehensive ceasefire would only make sense if the maritime blockade was lifted and "economic coercive actions" by the U.S. were stopped. He emphasized that it is impossible to reopen the Strait of Hormuz again as the U.S. has openly violated the ceasefire agreement.

With the release of first-quarter financial reports and forecasts by building materials listed companies, the industry's recovery trend is gradually becoming clear. In the eyes of the industry, this round of performance recovery in the building materials sector shows distinct characteristics. On one hand, the business sentiment of sectors such as glass fiber and electronic cloth continues to rise. On the other hand, an increasing number of companies are opening up new growth spaces by going global. The building materials industry is reducing its reliance on traditional real estate and moving towards a new development stage.

On April 20, Oriental Yuhong recently stated during an institutional research that since the beginning of this year, the continuous rise in international crude oil prices has led to an increase in the prices of raw materials such as asphalt. To ensure the stability of product quality, maintain the healthy development of the industry, and protect the long-term interests of customers, the company and several other leading companies in the industry have successively issued product price adjustment notices. Considering the differences in the execution rhythm of customer orders, the effect of the price adjustment will gradually be realized.

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.

Munich-based Wacker Chemie announced that, effective April 1, 2026, it will increase prices for polymer dispersions, redispersible polymer powders, and silicone products manufactured locally in North America by up to 10%, citing ongoing global supply chain disruptions and sustained increases in raw material and logistics costs as the reasons for the price adjustment.

On March 19, Beijing Oriental Yuhong Waterproof Technology Co., Ltd. officially released a notice on the price adjustment of engineering waterproof materials, announcing that from March 31, the prices of engineering waterproof products will be increased by 8%-12% based on the current level. This is the second price adjustment initiated by Oriental Yuhong in a short period, following a 10% increase on March 15, which has attracted widespread attention in the industry.