SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Jan 17, 2017

2. SEC Identification Number

44852

3. BIR Tax Identification No.

000-421-957-000

4. Exact name of issuer as specified in its charter

D&L Industries, Inc.

5. Province, country or other jurisdiction of incorporation

Metro Manila

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

65 Industria St., Bagumbayan, Quezon City Postal Code 1110

8. Issuer's telephone number, including area code

(02) 635-0680

9. Former name or former address, if changed since last report

not applicable

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
common	7,142,857,990

11. Indicate the item numbers reported herein

-

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

D&L Industries, Inc.DNL

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
D&L Unlocks Key Ingredient in Hatchimals
Background/Description of the Disclosure
D&L Polymer and Colours (“DLPC”), a wholly owned subsidiary of D&L Industries Inc. (“DNL”), has developed a key raw material used in the Hatchimals toy sensation. The award winning Hatchimal toy is composed of a plastic egg, containing DLPC’s specially developed material that allows it to hatch without splintering. This material is manufactured by DLPC for TradeWalker Limited, a Hong Kong based solution provider for the toy manufacturing industry. The hatching process gradually reveals an interactive furry toy that can walk, speak and sing through three different life stages: baby, toddler and adult. As a unique concept delivering a nurturing experience to children, Hatchimals quickly became the must-have toy for 2016 since its initial launch last October. Lester Lao, DLPC’s managing director, mentioned that the main challenge was producing something that was both durable and delicate at the same time. “The Hatchimals project had very specific requirements. Essentially, we were trying to replicate the structure and texture of an eggshell. That’s where our special material comes in. It makes the egg strong enough to withstand shipping and handling but also fragile and breakable enough to hatch open. During the development process, the concept had to be kept under wraps and since our customer couldn’t disclose the end use, we just had to keep adapting the formulation.” Lao also added that since the material would be used in a children’s toy, safety was a primary concern during the development phase. “Not only did it need to be non-toxic, but the egg had to break without leaving sharp edges. It also needed to be designed so that it would hatch within a specified time frame.” Lao reiterated that developing customized materials is in line with the company’s long-term strategy. “Our goal is to maintain our focus on innovation,” Lao said. “Our R&D work is an important reason why clients continue to rely on us to come up with solutions, just like what we did for the Hatchimals toy.”
Other Relevant Information
N/A