智通财经APP讯，中化国际(600500.SH)发布公告，公司预计2025年度实现归属于母公司所有者的净利 润为亏损24.11亿元到19.29亿元，与上年同期相比将减亏42,524万元到90,752万元，同比减亏15%到 32%。 ...

中化国际（600500）(600500.SH)发布公告，公司预计2025年度实现归属于母公司所有者的净利润为亏 损24.11亿元到19.29亿元，与上年同期相比将减亏42,524万元到90,752万元，同比减亏15%到32%。 ...

格隆汇1月14日丨中化国际(600500.SH)公布，经初步测算，预计公司2025年度实现归属于母公司所有者 的净利润为-24.11亿元到-19.29亿元，同比减亏15%到32%；归属于母公司所有者的扣除非经常性损益的 净利润为-22.96亿元到-18.37亿元，同比减亏38%到51%。 ...

2025 年年度业绩预告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 中化国际（控股）股份有限公司（以下简称"公司"或"中化国际"）预计 2025 年度实现归属于母公司所有者的净利润为-241,138 万元到-192,910 万元， 与上年同期相比将减亏 42,524 万元到 90,752 万元，同比减亏 15%到 32%；归属 于母公司所有者的扣除非经常性损益的净利润为-229,595 万元到-183,676 万 元，与上年同期相比将减亏 141,997 万元到 187,916 万元，同比减亏 38%到 51%。 一、 本期业绩预告情况 | 证券代码：600500 | 证券简称：中化国际 | 编号：2026-002 | | --- | --- | --- | | 债券代码：138949 | 债券简称：23中化K1 | | | 债券代码：241598 | 债券简称：24中化K1 | | 中化国际（控股）股份有限公司 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 12 月 31 日。 ...

中化国际公告，预计2025年年度实现归属于母公司所有者的净利润为亏损24.11亿元到19.29亿元，与上 年同期相比将减亏4.25亿元到9.08亿元，同比减亏15%到32%。归属于母公司所有者的扣除非经常性损 益的净利润为亏损22.96亿元到18.37亿元，与上年同期相比将减亏14.2亿元到18.79亿元，同比减亏38% 到51%。 ...

Core Viewpoint - The company, Luxi Chemical, announced the establishment of a joint venture with Cangzhou Dahua and Sinochem International's wholly-owned subsidiary, Sinochem Plastics, to mitigate the adverse effects of industry competition and effectively integrate sales resources in the polycarbonate sector [1]. Group 1 - The joint venture aims to fulfill commitments made by state-owned shareholders regarding competition in the same industry [1]. - The announcement was made during a Q&A session with investors on December 23, 2025 [1]. - The collaboration involves a three-party investment to enhance operational efficiency in the polycarbonate market [1].

Core Viewpoint - The company, Lu Xi Chemical, has announced the establishment of a joint venture in polycarbonate with Cangzhou Dahua and Sinochem International's wholly-owned subsidiary, Sinochem Plastics, to address industry competition and consolidate sales resources [1] Group 1 - The joint venture aims to fulfill commitments made by state-owned shareholders regarding competition within the same industry [1] - The collaboration is expected to mitigate the impact of industry competition on the company [1] - The partnership will effectively integrate the sales resources of the three parties involved in the polycarbonate sector [1]

Investment Rating - The report maintains a "Recommended" rating for the chemical industry [1] Core Insights - The chemical industry is expected to experience an upward cycle due to the implementation of "anti-involution" policies in China and the accelerated exit of some European facilities [29] - The report highlights the potential for domestic substitution of semiconductor materials from Japan due to rising geopolitical tensions, which could benefit various companies in the sector [5] - The chromium salt industry is undergoing a value reassessment driven by increased demand from AI data centers and commercial aircraft engines, with a projected supply-demand gap of 340,900 tons by 2028 [8] Summary by Sections Industry Performance - The chemical industry has shown strong relative performance with a 1-month increase of 10.7%, 3-month increase of 9.6%, and a 12-month increase of 45.1%, outperforming the CSI 300 index [3] Price Trends - Key products such as lithium carbonate and polysilicon have seen significant price increases, supported by policy guidance and industry self-discipline [12] - The price of chromium salts has remained stable, with metal chromium priced at 82,000 CNY/ton as of January 9, 2026 [15] Investment Opportunities - Focus on companies with low-cost expansion capabilities, such as Wanhu Chemical and Hualu Hengsheng, as well as those in sectors with improving market conditions like chromium salts and phosphates [6][9] - High dividend yield opportunities are identified in state-owned enterprises like China Petroleum and China National Chemical [10] Key Company Tracking - Companies such as Dongfang Shenghong and Huabei Yihua are highlighted for their earnings potential, with projected EPS growth for 2026 [30] - The report tracks specific price movements for various chemicals, including a notable increase in the price of ammonium phosphate and a stable price for urea [17][19]

Group 1 - The core viewpoint is that Sinochem International (600500) is expected to report a net loss for the full year of 2025, primarily due to declining prices of key chemical products [2][3] - As of January 9, 2026, Sinochem International's stock closed at 4.08 yuan, up 4.08% from the previous week, with a market capitalization of 14.641 billion yuan, ranking 23rd in the chemical products sector [1] - The company reported a net profit of -1.331 billion yuan for the first three quarters of 2025, indicating significant challenges ahead due to the downward trend in chemical prices [2][3] Group 2 - The decline in the domestic chemical price index is attributed to supply and demand factors, affecting the market prices of major products such as epoxy propane, anti-aging agents, phenolic ketones, bisphenol A, nylon 66, and aramid fibers [2] - The company anticipates that the full-year performance for 2025 will reflect these adverse market conditions, with specific financial data to be confirmed in the audited annual report [2]

Group 1 - The core viewpoint is that Sinochem International (600500) is expected to report a loss for the entire year of 2025 due to declining prices of chemical products, which has significantly impacted its operating performance [1][2] - As of January 8, 2026, Sinochem International's stock closed at 4.09 yuan, with a 0.99% increase and a trading volume of 252,700 shares, amounting to a total transaction value of 103 million yuan [1] - The company reported a net profit of -1.331 billion yuan attributable to shareholders by the end of Q3 2025, indicating substantial financial challenges ahead [1] Group 2 - On January 8, the main funds experienced a net outflow of 2.66 million yuan, accounting for 2.59% of the total transaction value [2] - Retail investors showed a net inflow of 9.45% of the total transaction value, amounting to 9.7379 million yuan, indicating some level of interest from smaller investors despite the overall negative outlook [1][2]