His report mainly analyzes from three aspects:

Firstly, the report outlines the development history of BDO through an analysis of its chemical properties, different production processes, an introduction to the upstream and downstream industrial chains, the development context of the BDO industry, and the global distribution of BDO production capacity. Mr. Wang pointed out that the BDO industry has entered a phase of supply surplus, with global production concentrated in China.

Secondly, he introduces the domestic BDO capacity, capacity distribution, industry load levels, and the expected new capacity by 2025, showcasing the domestic supply situation and development of BDO. Additionally, Mr. Wang provides a detailed analysis of the capacity distribution and new additions of major downstream products such as PTMEG, PBT, PBAT, and GBL, as well as their regional distribution. Based on BDO price trends, the report interprets the industry's profitability, indicating that BDO is currently operating at a loss.

Thirdly, Mr. Wang discusses existing issues in the current development of the BDO industry and provides an outlook on future trends. He highlights that overcapacity and severe malicious competition within the industry are significantly affecting the healthy operation of the sector.