Nantong Blue Ocean New Materials Achieves Breakthrough in Full-Density Polyethylene Project

Oriental ShengHong disclosed its performance forecast for 2025, expecting a net profit attributable to the parent company of RMB 100 million to RMB 150 million, compared to a loss of RMB 2.297 billion in the same period last year; a net loss after deducting non-recurring gains and losses of RMB 512 million to RMB 562 million, compared to a loss of RMB 2.654 billion in the same period last year. Regarding the reasons for the performance change, Oriental ShengHong stated that the company's 16 million tons/year Shenghong Refining and Chemical Integration project and other industrial sectors are operating smoothly with smooth production and sales. Since 2025, the central price of crude oil has slowly declined, and the overall price center of petrochemical products has shifted downward. Faced with a complex external environment, the company has taken various measures such as optimizing crude oil procurement strategies, strengthening industrial sector linkages, adjusting product output structures, and enriching downstream high value-added chemical product categories. The company's comprehensive profitability has improved compared to 2024.

With the final 87.1-meter-high octene recovery tower securely positioned, the installation of six core towers (octene recovery tower, light-ends removal tower, solvent recovery tower, butene recovery tower, ethylene recovery tower, and heavy-ends removal tower) undertaken by the Fifth Branch of Jilin Chemical Engineering Construction for the Nantong Blue Sky New Material Full Density Polyethylene Project has been fully completed. The task was finished one day ahead of schedule, injecting strong momentum into the subsequent construction phases through efficient delivery. Throughout the process, the project department practiced the "zero-punch-list construction" philosophy, achieving a high-efficiency closed-loop operation from pre-installation treatment to pre-commissioning preparations, effectively hitting the "fast-forward button" for the overall construction of the unit.

According to information from the State Intellectual Property Office, Ford Global Technologies, LLC has applied for a patent named "Battery Flame Retardant", publication number CN121440041A, and the application date is July 2025. A battery flame retardant is provided. A battery cell is proposed. The battery cell has: a negative electrode; a positive electrode; and a separator, the separator being positioned between the electrodes. The separator includes a hydrocore endothermic responsive organophosphate ceramic coating, the hydrocore endothermic responsive organophosphate ceramic coating being configured to release water as the temperature within the battery cell increases.

Recently, XPeng Motors announced the integration of its original "Autonomous Driving Center" and "Intelligent Cockpit Center" into a single first-level department called the "General Intelligence Center." This center will be led by Liu Xianming, the former head of autonomous driving, and will report directly to Chairman and CEO He Xiaopeng. According to sources close to Xpeng, the General Intelligence Center is a new AI organization focused on "automotive + robotics" scenarios. Its AI technology platform will uniformly support multiple application-layer businesses such as intelligent driving, intelligent cockpits, and robots in the future. Previously, He Xiaopeng announced that Xpeng will usher in the landing and mass production of physical AI in 2026, including humanoid robots and flying cars.

As of February 2, production and sales data for January 2026 have been successively disclosed by major domestic automakers. The overall market presents a distinct pattern where "traditional self-owned brands lead strongly while new forces generally face pressure." Leading automakers such as SAIC, Geely, and Chery achieved year-on-year sales growth of over 20%, with the rankings of domestic brands undergoing a restructuring driven by differences in New Energy Vehicle (NEV) and export performance. Meanwhile, nine mainstream emerging EV makers experienced a collective month-on-month decline. Industry analysis indicates that while short-term policy transitions and off-season effects have disrupted terminal markets, the core competitiveness of domestic automakers continues to improve. The "Matthew Effect" among new forces is intensifying, yet the long-term logic of high-quality industry development remains unchanged.