Core Viewpoint - Zhejiang Weihua New Material Co., Ltd. reported a significant decline in revenue and profit for the first half of 2025, primarily due to decreased demand in the agricultural chemical sector and increased competition in the fluorochemical industry [2][10][12]. Company Overview and Financial Indicators - The company generated revenue of approximately 437.26 million yuan, a decrease of 30.71% compared to the same period last year [3]. - Total profit amounted to about 90.66 million yuan, down 55.56% year-on-year [3]. - Net profit attributable to shareholders was approximately 83.15 million yuan, reflecting a 52.91% decline compared to the previous year [3]. - The company's net assets were reported at approximately 3.94 billion yuan, a slight decrease of 0.50% from the end of the previous year [3]. Industry and Business Analysis - The fluorochemical industry is a rapidly growing sector within the chemical industry, with a market size projected to reach 50 billion yuan by 2024 [5]. - The production of fluorinated fine chemicals is a key focus, with the industry expected to see a compound annual growth rate of 5.58% from 2023 to 2027 [5]. - The company specializes in the production of chlorobenzene and trifluoromethylbenzene series products, which are essential for various applications in agriculture, pharmaceuticals, and fine chemicals [7][9]. Market Position and Competitive Advantage - The company is recognized as a leading player in the trifluoromethylbenzene market, benefiting from a complete industrial chain and advanced production technologies [10][19]. - The company has established strong partnerships with major clients, including BAYER and BASF, enhancing its market reputation and customer loyalty [19]. - Continuous investment in research and development has led to significant technological advancements, allowing the company to maintain a competitive edge in production efficiency and product quality [16][18]. Operational Challenges and Strategic Initiatives - The company faced challenges due to a decline in market demand and increased competition, leading to a drop in sales prices and volumes [10][12]. - To address these challenges, the company is focusing on expanding its production capacity and enhancing its product offerings through innovation and strategic partnerships [14][19]. - The company is also committed to improving operational efficiency and safety through continuous process optimization and employee engagement initiatives [14][16].

| 浙江巍华新材料股份有限公司2025 | 年半年度报告摘要 | | | | | --- | --- | --- | --- | --- | | 公司代码：603310 | 公司简称：巍华新材 | | | | | 浙江巍华新材料股份有限公司 | | | | | | 浙江巍华新材料股份有限公司2025 | 年半年度报告摘要 | | | | | | 第一节 重要提示 | | | | | 展规划，投资者应当到 | http://www.sse.com.cn/网站仔细阅读半年度报告全文。 | | | | | 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 | | | | | | 不适用 | | | | | | 第二节 | 公司基本情况 | | | | | | 公司股票简况 | | | | | 股票种类 股票上市交易所 | 股票简称 | 股票代码 | | 变更前股票 | | 简称 | | | | | | A股 上海证券交易所 | 巍华新材 603310 | | 不适用 | | | 联系人和联系方式 | 董事会秘书 | | 证券事务代表 | | | 姓名 任安立 | 沈勇虎 | | | | | 电话 | ...

Meeting Overview - The fourth meeting of the board of directors of Zhejiang Wehua New Materials Co., Ltd. was held on August 26, 2025, with all 7 directors present, ensuring compliance with relevant laws and regulations [1][2]. Resolutions Passed - The board approved the "2025 Half-Year Report" and its summary with a unanimous vote of 7 in favor [1][2]. - The board also approved the "Special Report on the Storage and Actual Use of Raised Funds for the First Half of 2025," again with a unanimous vote of 7 in favor [2]. - The board authorized the use of up to 700 million yuan of temporarily idle raised funds for cash management, allowing investments in safe and liquid financial products with a maximum term of 12 months [2][3].

证券代码：603310 证券简称：巍华新材 公告编号：2025-046 浙江巍华新材料股份有限公司 本公司及董事会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法律责任。 重要内容提示： ? 现金管理受托方：银行等具有合法经营资格的金融机构。 ? 现金管理产品：安全性高、流动性好的结构性存款、大额存单等保本 型产品，产品期限不超过 12 个月，该等现金管理产品不得用于质押。现金管理 仅限于在募集资金专项账户或者公开披露的产品专用结算账户实施。 ? 现金管理额度及期限：不超过人民币 70,000 万元（单日最高余额，含 本数），该额度自董事会审议通过该议案之日起 12 个月内可循环滚动使用。 ? 已履行审议程序：浙江巍华新材料股份有限公司（以下简称"公司"） 召开第四届董事会第二十五次会议，审议通过《关于使用部分暂时闲置募集资金 进行现金管理的议案》，本议案不涉及关联交易。保荐机构中信建投证券股份有 限公司出具了无异议的核查意见。本事项无须提交公司股东会审议。 合计 166,828.10 141,156.81 70,081.10 公司正在有序推进募集资 ...

Core Points - Zhejiang Wehua New Materials Co., Ltd. successfully raised a total of RMB 141,156.81 million through its initial public offering, with the funds fully received and verified by an accounting firm [1][2][3] - The company has established a dedicated account for the raised funds, ensuring that the funds are used strictly for their intended purposes, in compliance with relevant regulations [2][4] - As of June 30, 2025, the company has utilized RMB 70,081.10 million of the raised funds, with a remaining balance of RMB 28,791.23 million in the dedicated account [3][4][5] Fund Management - The company has signed tripartite supervision agreements with its underwriters and banks to ensure proper management of the raised funds [2][4] - The funds are stored in dedicated accounts at China Construction Bank, China Merchants Bank, and CITIC Bank [3][4] - The company has implemented a cash management plan for temporarily idle funds, allowing for investment in low-risk financial products, with a maximum of RMB 120,000.00 million allocated for such investments [4][5] Fund Usage - The actual use of raised funds for investment projects during the reporting period amounted to RMB 10,140.78 million [3][6] - The company has replaced RMB 47,916.27 million of self-raised funds used for investment projects with the raised funds, which has been approved by the board and verified by an accounting firm [3][6] - There were no instances of using idle funds for temporary working capital or any other unauthorized purposes during the reporting period [4][6] Project Status - The company has not made any changes to the planned investment projects during the reporting period [4][6] - All investment projects are currently in the construction phase, and there have been no significant changes in project feasibility [6]

Group 1 - The company disclosed its main operational data for the first half of 2025, including production, sales volume, and revenue [1] - The sales revenue and volume for the main products showed significant declines, with chlorobenzene series sales revenue down by 36.54% and sales volume down by 46.96% [1] - The total sales revenue for the combined products decreased by 23.93%, with a sales volume drop of 30.69% [1] Group 2 - The average price of chlorobenzene series decreased by 16.43%, while the average price of trifluoromethylbenzene series fell by 15.86% [1] - The procurement price of toluene decreased by 19.19%, while the price of hydrogen fluoride increased by 9.15% [1] - The price of liquid chlorine saw a significant drop of 66.39% [1]

证券代码：603310 证券简称：巍华新材 公告编号：2025-047 浙江巍华新材料股份有限公司 关于召开 2025 年半年度业绩说明会的公告 本公司及董事会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法律责任。 重要内容提示： ? 会议召开时间：2025 年 9 月 9 日（星期二）下午 15:00-16:00 三、参加人员 董事长：吴江伟先生 ? 会议召开地点：上海证券报·中国证券网路演中心 （https://roadshow.cnstock.com/） ? 会议召开方式：网络在线互动 ? 投资者可于 2025 年 9 月 1 日（星期一）至 9 月 5 日（星期五）16:00 前将相关问题通过电子邮件的形式发送至本公司投资者关系邮箱 WHXC@weihua-newmaterial.com 或扫描下方二维码提交。公司将在说明会上就 投资者普遍关注的问题进行回答。 浙江巍华新材料股份有限公司（以下简称"公司"）已于 2025 年 8 月 27 日发布了公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司报 告期内经营成果、财务状况 ...

Group 1 - The core viewpoint of the article highlights the announcement made by Wihua New Materials regarding its board meeting and the composition of its revenue for the year 2024 [1] - Wihua New Materials held its 25th meeting of the fourth board session on August 26, 2025, to review the proposal for the "2025 Semi-Annual Report" and its summary [1] - The company's revenue composition for the year 2024 indicates that the fluorochemical industry accounts for 99.03% of its total revenue, while other businesses contribute only 0.97% [1] Group 2 - As of the report, Wihua New Materials has a market capitalization of 6.4 billion yuan [1] - The article also mentions a significant growth opportunity in the pet industry, which is projected to reach a market size of 300 billion yuan, leading to positive market reactions among industry-listed companies [1]

浙江巍华新材料股份有限公司2025 年半年度报告 公司代码：603310 公司简称：巍华新材 浙江巍华新材料股份有限公司 2025 年半年度报告 1 / 177 浙江巍华新材料股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不 存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人吴江伟、主管会计工作负责人任安立及会计机构负责人（会计主管人员）金孝 灵声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 不适用 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性陈述不构成公司对投资者的实质承诺。敬请投资 者注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 报 ...

证券代码：603310 证券简称：巍华新材 公告编号：2025-047 浙江巍华新材料股份有限公司 关于召开 2025 年半年度业绩说明会的公告 本公司及董事会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法律责任。 重要内容提示： 会议召开时间：2025 年 9 月 9 日（星期二）下午 15:00-16:00 会 议 召 开 地 点 ： 上 海 证 券 报 · 中 国 证 券 网 路 演 中 心 （https://roadshow.cnstock.com/） 会议召开方式：网络在线互动 投资者可于 2025 年 9 月 1 日（星期一）至 9 月 5 日（星期五）16:00 前 将 相 关 问 题 通 过 电 子 邮 件 的 形 式 发 送 至 本 公 司 投 资 者 关 系 邮 箱 WHXC@weihua-newmaterial.com 或扫描下方二维码提交。公司将在说明会上就 投资者普遍关注的问题进行回答。 浙江巍华新材料股份有限公司（以下简称"公司"）已于 2025 年 8 月 27 日发布了公司 2025 年半年度报告，为便于广大投资者更 ...