Demand for LNG Heavy Truck Market Declined Slower Growth for Ferrite Equipment Sales

According LNG gas cylinder manufacturer Rich Reiter equipment provided, earnings growth in the first quarter is slightly below expectations. In the report period, the company achieved an operating income of 564 million yuan, an increase of 30.08%; an operating profit of 0.79 billion yuan, an increase of 39.04%; and a net profit of RMB 69 million for the shareholders of listed companies, an increase of 42.09% year-on-year (non-acceleration of 37.02%) ); Achieving a basic EPS of 0.51 yuan, the growth rate has slowed down.

The demand for heavy truck LNG cylinders slowed down, and the passenger car market continued to grow. The company's operating income in the first quarter fell by 12.4% from the previous quarter and increased by 30.1% year-on-year, slowing from its 85% growth in the first quarter of last year and its 64.8% year-on-year growth. In terms of base, there were more outbreaks in the LNG market during the first quarter of last year. From the perspective of market demand, the operating rate of domestic LNG heavy truck OEMs was lower in the first quarter of this year, but the market demand for LNG passenger cars is still relatively fast. In the short term, the increase in LNG prices will certainly affect the growth rate of LNG vehicles, especially the heavy truck market. However, in the long term, due to the development trend of clean energy, the industrial chain of LNG vehicles, gas stations and liquefaction equipment will continue to develop.

Chlorinated Polyethylene

CPE Chlorinated Polyethylene 135A CAS 63231-66-3

Chemical and Physical Properties:

Product Name : Chlorinated Polyethylene

Molecular Formula: CH2-CHCl-CH2-CH2 n

CAS No.:63231-66-3

Production description:

Chlorinated polyvinyl chloride (CPE) is a saturated polymer material with a white powder appearance, non-toxic and odorless, and has excellent weather resistance, ozone resistance, oil resistance, flame retardancy and coloring properties, chemical resistance and aging resistance, Good toughness (still flexibility at -30°C).

CPE is a kind of crystalized white fine particle elastomer with good softness, hydrogen atomsare in special high density polyethylene replaced by chlorine atoms. Low brittle temperature, weather resistance, aging resistance make it impact and additive

modifier.

Application:

CPE135A Have excellent toughness, weather resistance, oil resistance, flame retardant, coloring resistance, chemical and other properties, is compatible with plastics, rubber, excellent filling properties. Depending on the product performance. widely used in rigid PVC products, such as PVC profile, pipe, pipe fittings, sheet and wire etc.

Specification:

Item	CPE-135A
Apparent density,g/m³≥	0.48
Volatile,%	0.5
Thermal decomposition temperature,℃≥	165
Chlorine content,%	35±2
Particle size(0.9mm),≥	99% pass
Shore hardness,≤	65
Residual crystallinity,%≤	10
Number of impurity particles(25×60)c㎡	20

Chlorinated Polyethylene,CPE 135A

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