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Foshan Plastics Technology and Sinopec Establish New Materials Company in Hunan with Registered Capital of 960 Million
Tianyancha AppRecently, Hunan Guangxin Polymeric New Materials Co., Ltd. was established, with Chen Guangyi as the legal representative and a registered capital of 960 million RMB. The business scope includes the manufacturing and sales of plastic products, as well as the production and sales of chemical products. Shareholder information shows that the company is owned by...Foshan Plastics Group Co., Ltd.(000973)、Sinopec Hunan Petroleum and Chemical Co., Ltd.Joint ownership.
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Belgium to Impose €2/Item Tariff on Non-European Union Packages Starting in 2026
Recently, the Belgian government announced plans to impose a €2 tariff on low-value foreign packages, in line with the EU customs reform timetable. This small parcel fee will be included in the 2026 budget and aims to fill the fiscal gap while aligning with the EU's regulatory changes on low-value package imports. According to the released materials, Belgium will impose a fixed €2 small parcel tariff on packages sent to Belgian consumers from countries outside the EU starting in 2026, which is expected to raise approximately €9 billion for the 2026 budget. The agreement also mentions a compression in the adjustment range of VAT rates. This new policy will directly impact packages purchased through cross-border e-commerce platforms such as AliExpress and Temu, as the implementation of the policy will add a €2 fee at customs clearance, regardless of the package's value. -
JD to Acquire Fnac Darty Shares for 2.2 Billion Euros to Enter European Market
China's e-commerce giants About to become FranceFnac DartyThe second largest shareholder has submitted a foreign investment review application to the French Ministry of Economy. JD.com is acquiring Germany for 2.2 billion euros.CeconomyThe company (holding a 22% stake in Fnac Darty) is expanding its layout in the European market. The French government has initiated a foreign investment review mechanism based on the "Monetary and Financial Code," focusing on areas that may impact public order, national security, and defense interests, including sensitive industries such as the research and production of weapons and ammunition. This review process can last up to three months, and the Ministry of Economy emphasizes that it will conduct a strict assessment of this acquisition case, particularly pointing out...Fnac DartyCultural products for sale have special attributes. Recently, a full-category e-commerce platform called Joybuy was launched in France, covering products such as electronics, clothing, and food. At the same time, France has just passed a new bill to strengthen the regulation of foreign enterprises. Another Chinese e-commerce giantAlibabaPreviously completed secondary listing in Hong Kong. -
Japan Designates Six Fields As National Strategic Technologies: Artificial Intelligence, Cutting-Edge Robotics, Nuclear Fusion, Quantum, Semiconductors, Communication, Biotechnology/Healthcare, and Space
Gelonghui, November 25 - The Japanese government will designate crucial technologies for economic security as "national strategic technologies." It will identify six key areas, including artificial intelligence, and allocate research budgets and tax incentives accordingly. This move aims to promote investment in the fiercely competitive technology sector and provide extensive support from entrepreneurship to practical application. The national strategic technology plan, identified as the most important technologies, encompasses six areas: (1) artificial intelligence and advanced robotics (2) quantum (3) semiconductors and communications (4) biomedicine and healthcare (5) nuclear fusion (6) space.
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Tesla Set to Complete AI5 Chip Development and Begin AI6 R&D
On November 24, according to foreign media reports, Tesla CEO Elon Musk recently posted on social media that the company's AI5 chip is nearing the final design stage, and work has begun on the next-generation AI6 chip to be deployed in vehicles and data centers. The world's richest man stated, "Our goal is to achieve mass production of a new generation of AI chips every 12 months. The current onboard chip is the AI4 version, the AI5 is about to complete tape-out, and we have now initiated the development of AI6." In July this year, Samsung Electronics announced that it had secured a $16.5 billion contract to produce AI chips for Tesla. Musk revealed at the time that Samsung's new factory in Texas would be dedicated to the production of AI6 chips. "We expect the total number of chips produced will surpass that of all other AI chips combined," Musk emphasized, "This is no exaggeration."
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USPS Changes Envelope Material: Priority Mail Switches to Eco-Friendly Polyethylene
The United States Postal Service announced that starting November 15, the material of priority mail envelopes (including models such as EP14) will be changed from Tyvek to polyethylene plastic, while the size will remain the same. The transition is expected to be completed by December, and existing Tyvek envelopes will be sold until they are out of stock. This move aims to achieve a sustainable goal of 74% recycled content in packaging.
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Label Giant Suzhou Jiangtian Successfully Passes Review for Beijing Stock Exchange
Recently, the official website of the Beijing Stock Exchange announced that Suzhou Jiangtian Packaging Technology Co., Ltd.'s IPO has been approved. Jiangtian Technology is mainly engaged in the research, development, production, and sales of label printing products, with its primary products being film and paper self-adhesive labels. The company is committed to providing customers with integrated solutions for label printing materials selection, color and ink scheme customization, process design and optimization, as well as efficient and stable production supply. The company plans to raise approximately 531 million yuan through this IPO, and the funds will mainly be used for the key project "Jiangtian R&D and Manufacturing Comprehensive Base Construction Project," aiming to further strengthen its core competitiveness in the label manufacturing field.
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Jiangtian Technology Approved to List on Beijing Stock Exchange, Specializing in Integrated Label Solutions
Recently,Suzhou Jiangtian Packaging Technology Co., Ltd. Beijing Stock ExchangeListing review, about to enter the capital market. The company is mainly engaged in the research and development, production, and sales of label printing products, providing integrated comprehensive solutions for the consumer sector. Jiangtian TechnologyThe core products include film and paper adhesive labels, widely used in daily consumer fields such as beverages and daily chemical products. It is worth noting that the actual controllers, Teng Qi and Huang Yanguo, jointly control 88.70% of the voting rights of the company, and both have previously worked at the company's largest supplier.Avery DennisonAppointed. In recent years,Avery DennisonAlways rankedJiangtian TechnologyPrimary suppliers, procurement proportions remain stable. This listing will be carried out byGuotou SecuritiesServing as the sponsor institution marks a new milestone in the company's development in the label printing sector.
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Cangzhou Mingzhu: Guangzhou State-owned Assets Supervision and Administration Commission Will Become Company's Actual Controller
On October 16, Cangzhou Mingzhu announced that the company's controlling shareholder...Dongsu Groupand its persons acting in concert plan to transfer 167 million shares of the company they hold (accounting for 10.00% of the company's total share capital on the agreement signing date) toGuangzhou Light IndustryAt the same time, the voting rights corresponding to the remaining 160 million shares (accounting for 9.58% of the company's total share capital on the date of the agreement) will be entrusted to Guangzhou Light Industry. If the transfer is completed,Guangzhou Light IndustryWill become the controlling shareholder of the company.Guangzhou State-owned Assets Supervision and Administration CommissionWill become the actual controller of the company. Review: Cangzhou Mingzhu's introduction of Guangzhou State-owned Assets as the controlling shareholder is a typical example of a "state-owned capital takeover" change in control. This move not only can bring funding and resource support to the company but also is expected to leverage the state-owned background to enhance its credibility and market position in the new energy materials field. For the original controlling shareholders, this is a way to "cede control while retaining some benefits" as an exit strategy. In the future, how the new actual controller empowers the company...Cangzhou MingzhuThe business development will be the focus of market attention.
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Agency: US Courier Company Expected to Handle 2.3 Billion Parcels This Holiday Season, a 5% Increase
According to forecasts by logistics technology provider ShipMatrix, U.S. courier companies are expected to handle 2.3 billion packages this holiday season, a 5% increase year-over-year, as additional shopping days help offset the drag from tariff policies. The agency predicts that the growth in holiday delivery volumes will not be evenly distributed among companies. This could mean that some courier companies may face more resistance due to so-called "peak surcharges," which help protect carriers' profits from rising costs during the holiday season.
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Ordos PET/PP Environmental Project Begins Trial Production
Recently, the Inner Mongolia Mengrui Environmental Technology PET/PP new environmentally friendly material recycling processing project began trial production at the Ordos Airport Logistics Park's Precision Manufacturing Industrial Park. It takes less than 6 minutes to process raw materials such as plastic bottles and cans into finely classified plastic chunks, completing the entire production process.
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Origen: Integration Synergies with COFCO Packaging Have Initially Emerged, Overseas Production Capacity Relocation Is Progressing as Planned
According to a news agency report, on September 23, an investor**AorijinQuestion to the Secretary: Is the company currently undergoing integration? What progress has been made in the migration of production capacity overseas? Since the country has been promoting the reduction of internal competition, the prices of certain industries such as steel and aluminum have rebounded significantly. Shouldn't the metal packaging industry also reflect a reduction in internal competition in its gross margin? Have we seen any substantial push in our price increase expectations? Will the weak consumption economy pose a resistance to price increases? What is the current capacity utilization rate of the company? In recent years, how have we invested overseas, expanded production lines, and made acquisitions?COFCO PackagingHas there been any consideration of measures to improve performance since actions like expanding market share have not yet boosted profits? Can market value management be done well? To this end,OrigenOn September 25, it was answered on the investor interaction platform that the company andChina Foods PackagingThe integration synergy has initially become evident, and the overseas capacity transfer is progressing as planned. Currently, the company's capacity utilization rate remains at a high level. We are enhancing operational performance through meticulous cost control, accelerating overseas market expansion, and optimizing product structure. We are committed to delivering stable growth to reward the trust of our investors.
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Spain's Express Parcel Market Surpasses €10 Billion for the First Time in 2024
In 2024, the Spanish courier and parcel market will reach a size of 10.05 billion euros, marking a 4.7% year-on-year growth and surpassing the 10 billion threshold for the first time. The business parcel segment contributes 7.15 billion euros (+5.3%) and remains the core growth driver. Industrial parcels reach 2.9 billion euros (+3.2%), benefiting from digitalization and the application of artificial intelligence. International business growth accelerates to 8.2% (2.5 billion euros), significantly outpacing the domestic increase of 3.6%. Industry concentration continues to rise, with the top five corporate and industrial parcel operators accounting for 47% and 51% of the market share, respectively. Looking ahead, declining interest rates and continued e-commerce development are expected to support moderate market growth, although geopolitical risks and inflationary pressures may constrain the growth rate.
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Dadongnan: The Company's Capacitor Film Is Used for Capacitors and Cannot Be Used for Batteries
According to the news agency report, on September 15, an investor**Great SoutheastMay I ask if your company's capacitor film can be used in batteries? In this regard, Great SoutheastOn September 17, it was stated on the investor interaction platform that the company's capacitor film is used for capacitors and cannot be used for batteries.
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Cangzhou Mingzhu: BOPA Film Products Primarily Used in Food Packaging and Other Fields
Investor: The company says that the BOPA film products produced by the company, as materials for aluminum-plastic film, cannot be used in batteries? Thank you! Cangzhou Mingzhu Secretary: Hello! The company currently produces BOPA film products, which can be applied to aluminum-plastic film. The BOPA film products produced by the company are mainly used for food packaging, especially for packaging of steam-resistant foods, oily foods, frozen foods, and liquid seasonings. In addition, they are also widely used in general industrial packaging, pharmaceutical packaging, cosmetic and detergent packaging, mechanical and electronic products, household products, balloon decoration, and packaging of some grain products.
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Toyota Tsusho Acquires 25% Stake in LG Chem's Gumi Cathode Material Plant
LG Chem has announced in a press release that Toyota Tsusho Corporation of Japan has acquired a 25% stake in its Gumi cathode material plant (LG-HY BCM), becoming the plant’s second-largest shareholder. Toyota Tsusho, a general trading company within the Toyota Group, is the core company responsible for raw material procurement for Toyota Motor Corporation. With the addition of Toyota Tsusho, the shareholding structure of LG Chem’s Gumi cathode material plant is now: LG Chem 51%, Toyota Tsusho 25%, and Toyota Cobalt’s share has decreased from 49% to 24%. This enables Toyota Tsusho to meet the newly established PFE standards, thereby complying with IRA regulations. Accordingly, Toyota Tsusho plans to supply cathode materials produced at the Gumi plant to battery customers in North America.
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Nanjing Julong's 2025 Interim Report Shows Net Profit of 57.36 Million Yuan, Up 40.73% Year-on-Year
Nanjing Julong (300644.SZ): Net profit for the mid-year report of 2025 is 57.3644 million yuan, an increase of 40.73% compared to the same period last year.
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Merui New Materials: No Overdue Guarantees
On the evening of August 18,Meirui New MaterialsThe announcement states that as of the disclosure date of this announcement, the company's outstanding external guarantees amount to 1.255 billion yuan, all of which are guarantees for its holding subsidiaries. The outstanding external guarantees account for 95.04% of the company's most recent audited net assets. The company does not provide guarantees for entities outside the consolidated financial statements, nor are there any guarantees for overdue debts, guarantees involved in litigation, or guarantees that have been judged to result in a liability due to a loss in a lawsuit.
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Toyobo to Release Q1 Results for Fiscal Year Ending June 30, 2025, on August 7
Toyobo will hold an earnings meeting on August 7th, during which it is expected to announce its first quarter earnings for the period ending June 30, 2025.The company is a Japanese manufacturing company operating five business divisions. The Films and Functional Polymers Division provides packaging films, industrial films, industrial adhesives, engineering plastics, and optical functional materials. The Industrial Materials Division offers automotive textile materials, high-performance fibers, functional filters, and nonwoven fabrics. The Life Sciences Division provides biotechnology products, such as enzymes used in diagnostic reagents.
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Nantong Yonglian Packaging Materials Secures Patent for Energy-Saving and Eco-Friendly Anti-Static Device for Automated Blow Molding Processing
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.
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