Page 104 - 《橡塑技术与装备》英文版2026年3期

HINA R&P TECHNOLOGY AND EQUIPMENT

from taking effect. the global tire industry. The answer remains to be seen in time.
The continuous deterioration of the external regulatory
environment has further undermined the influence of Sinochem High-end tire barrier materials
Group. In recent years, the Italian government has frequently break the foreign technology
invoked the "Golden Power" Act, not only directly vetoing monopoly", Shandong Provincial
Sinochem Group's proposal to appoint the CEO of Pirelli, but
also imposing multiple restrictions on Sinochem in terms of Government Work Report praises
strategic data acquisition and core business decision-making. Dawn
Under the dual pressure from the United States and Italy,
Sinochem Group's influence in Pirelli's governance structure "High-end tire barrier materials break the foreign
has been substantially weakened, and its early stance of technological monopoly." On January 27th, during the
adhering to control has gradually shifted towards a pragmatic opening ceremony of the fourth session of the 14th People's
exit strategy. According to informed sources, Sinochem Group Congress of Shandong Province, Shandong Governor Zhou
has proactively reached out to the Italian side, expressing Naixiang mentioned Daoen's latest technological innovation
willingness to sell its shares in Pirelli provided that the offer is achievements in his government work report. It is reported
attractive enough and comes with a reasonable premium. that this is the first time Daoen's elements have been included
Globalization ebbing: The collective predicament of in the provincial government work report, highlighting the
multinational enterprises company's development strength and technological innovation
Currently, Pirelli is accelerating the implementation of capabilities.
various plans for equity adjustment, including urging Sinochem On the morning of the same day, the fourth session of the
Group to significantly reduce its shareholding to below 25% (to 14th People's Congress of Shandong Province was solemnly
circumvent certain regulatory restrictions) and actively seeking opened at the Shandong Hall. Yu Xiaoning, Chairman and
strategic investors who meet Western regulatory requirements President of Daoen Group, along with the provincial people's
to take over. However, against the backdrop of escalating congress delegates from all walks of life and various fronts,
geopolitical tensions and an uncertain global economic outlook, gathered together to fulfill the sacred duties entrusted by the
it is conceivable how difficult it is to find buyers willing to pay people of the province, conscientiously carrying out the sacred
a high premium for this "hot potato". duties entrusted by the Constitution and laws.
Pirelli's predicament is a typical epitome of the survival On the eve of the conference, Daoen's tire, utilizing
challenges faced by multinational corporations in the era high-gas barrier dynamic vulcanized alloy material (DVA),
of globalization's ebb. In 2015, ChemChina's €7.1 billion was selected as one of Shandong Province's top ten scientific
acquisition of Pirelli was seen as a "timely rain" to save this and technological innovation achievements. On January 25th,
veteran company, becoming a beautiful tale of cross-border Shandong TV broadcast the grand occasion of the "Shandong
capital cooperation. Ten years later, however, due to "national Good Achievements, New Driving Forces of Technology"
security" considerations under the threat of geopolitics, it was themed release event, where Daoen's General Manager, Tian
forced to "exit" the scene. This cross-border game spanning Hongchi, received the award and delivered a speech on the
ten years ultimately reflects the fragility and powerlessness of spot. On January 26th, Dazhong Daily devoted an entire
business logic in the face of political iron curtains. page to the story of Daoen's DVA material research and
As the deadline for the US ban in March 2026 looms, application, with the theme of "Winning Decisively, Beyond
there is little time left for negotiations between Pirelli and the Laboratory", discussing "the ecological advantages of
Sinochem Group. This complex transaction, which concerns Chinese-style innovation from the breakthrough of tire barrier
the survival of enterprises and the competition between major materials".
powers, will ultimately reshape the competitive landscape of Innovation is the primary driving force leading

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