格隆汇12月12日丨呈和科技(688625.SH)公布，公司近日收到古玉鼎若基金的通知，为满足经营发展需 要，古玉鼎若基金将延长合伙企业退出期。具体情况如下： 根据合伙协议约定，古玉鼎若基金的存续期限为5年，前3.5年为投资期，后1.5年为退出期。基金的退出 期可以延长，每次延长1年，以延长两次为限。考虑到宏观经济环境等因素，基金的退出期延长1年，存 续期限相应延长为6年。 ...

根据合伙协议约定，古玉鼎若基金的存续期限为5年，前3.5年为投资期，后1.5年为退出期。基金的退出 期可以延长，每次延长1年，以延长两次为限。考虑到宏观经济环境等因素，基金的退出期延长1年，存 续期限相应延长为6年。 格隆汇12月12日丨呈和科技(688625.SH)公布，公司近日收到古玉鼎若基金的通知，为满足经营发展需 要，古玉鼎若基金将延长合伙企业退出期。具体情况如下： ...

Core Insights - Chenghe Technology (688625) reported a revenue of 740 million yuan for the first three quarters of 2025, marking a year-on-year growth of 14.16%, and a net profit of 228 million yuan, up 15.09% year-on-year [1] - The company achieved a record high net profit of 80.54 million yuan in the third quarter alone [1] - Chenghe Technology specializes in producing environmentally friendly, safe, and high-performance specialty polymer material additives, recognized as a national-level "little giant" enterprise and a national manufacturing single champion [1] Financial Performance - The company’s revenue for the first three quarters reached 740 million yuan, with a net profit of 228 million yuan, reflecting a growth of 14.16% and 15.09% respectively compared to the previous year [1] - The third quarter net profit of 80.54 million yuan is noted as a historical high for the company [1] Market Expansion - Chenghe Technology has seen a continuous increase in market share for its polymer material additives, particularly in domestic markets, and is accelerating its expansion into overseas markets in Europe, the Middle East, and Southeast Asia [1] - The company reported a 70% growth in overseas revenue during the first half of the year, achieving breakthroughs in various international markets [2] New Business Initiatives - The establishment of Guangdong Chenghe Electronic Materials Co., Ltd. aims to target high-purity electronic materials for communication, semiconductors, and artificial intelligence [2] - The new subsidiary will focus on developing electronic materials through independent research and collaboration with leading industry players and research institutions [2] Future Development Strategy - The chairman of Chenghe Technology indicated a commitment to replacing imported products in the fields of nucleating agents and synthetic hydrotalcite, with a steady increase in market share [2] - The company plans to continue its efforts in product localization while expanding its presence in international markets, enhancing its competitive edge and influence in the industry [2]

Core Viewpoint - Chenghe Technology's main products, including nucleating agents and synthetic hydrotalcite, are essential materials that determine the core functions of high-performance resins and modified plastics, significantly improving their optical and mechanical properties while enhancing product stability to meet market demands for safety, environmental friendliness, and lightweight materials [1] Group 1 - The company's main products are nucleating agents and synthetic hydrotalcite, which are key materials for high-performance resins and modified plastics [1] - These materials can significantly improve the optical and mechanical properties of resins and modified plastics [1] - The products enhance the stability of resin products, addressing market needs for safety, environmental protection, and lightweight solutions [1] Group 2 - The use of these materials increases the added value of ordinary resins and modified plastics [1] - The company aims to diversify application scenarios for its products [1]

证券代码：688625 证券简称：呈和科技 公告编号：2025-040 呈和科技股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 本公司董事会、全体董事及相关股东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、准确性和完整性依法承担法律责任。 重要内容提示： 投资者可于 2025 年 11 月 26 日（星期三）至 12 月 2 日（星期二）16:00 前登录上证 路演中心网站首页，点击"提问预征集"栏目或通过公司邮箱（ir@gchchem.com）进行提问。 公司将在说明会上对投资者普遍关注的问题进行回答。 呈和科技股份有限公司（以下简称"公司"）已于 2025 年 10 月 30 日发布公司《2025 年 第三季度报告》，为便于广大投资者更全面深入地了解公司经营成果、财务状况、发展理念等 情况，公司计划于 2025 年 12 月 3 日(星期三)下午 16:00-17:00 参加 2025 年第三季度业绩说 明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年第三季度的经营成果、财务 指标的具体情况与投 ...

Core Insights - Chenghe Technology experienced a decline of 5.05% on November 21, with a stock price of 36.07 CNY per share and a total market capitalization of 6.793 billion CNY [1] Company Overview - Chenghe Technology Co., Ltd. is located in Guangzhou, Guangdong Province, and was established on January 31, 2002. The company went public on June 7, 2021. Its main business involves providing environmentally friendly, safe, and high-performance polymer material additives for manufacturers of high-performance resin materials and modified plastics [1] - The revenue composition of Chenghe Technology includes: nucleating agents (62.97%), synthetic hydrotalcite (13.41%), trading products (9.04%), antioxidants (8.04%), NDO composite additives (6.52%), and others (0.02%) [1] Shareholder Information - Among the top ten circulating shareholders of Chenghe Technology, a fund under the Fortune Fund ranks as a significant shareholder. The Fortune Hong Kong-Shenzhen Performance Driven Mixed A Fund (005847) reduced its holdings by 650,900 shares in the third quarter, now holding 1.8864 million shares, which accounts for 1% of the circulating shares. The estimated floating loss today is approximately 3.622 million CNY [2] - The Fortune Hong Kong-Shenzhen Performance Driven Mixed A Fund was established on July 27, 2018, with a current scale of 4.474 billion CNY. Year-to-date returns are 40.67%, ranking 1375 out of 8136 in its category; the one-year return is 41.85%, ranking 1010 out of 8056; and since inception, the return is 137.72% [2]

Group 1 - The core point of the news is that Chenghe Technology's stock price has dropped by 5.05%, currently trading at 36.07 CNY per share, with a total market capitalization of 6.793 billion CNY [1] - Chenghe Technology, established on January 31, 2002, and listed on June 7, 2021, specializes in providing high-performance polymer material additives for manufacturers of resin materials and modified plastics [1] - The main revenue composition of Chenghe Technology includes nucleating agents (62.97%), synthetic hydrotalcite (13.41%), trading products (9.04%), antioxidants (8.04%), NDO composite additives (6.52%), and others (0.02%) [1] Group 2 - From the perspective of major fund holdings, Jiahe Fund has one fund heavily invested in Chenghe Technology, specifically the Jiahe Steady Growth Mixed A fund, which reduced its holdings by 9,069 shares in the third quarter [2] - The Jiahe Steady Growth Mixed A fund currently holds 30,400 shares, accounting for 3.93% of the fund's net value, ranking it as the sixth-largest holding [2] - The fund has a total scale of 14.6236 million CNY and has achieved a year-to-date return of 11.52%, ranking 5,368 out of 8,136 in its category [2]

Core Insights - The strategic collaboration between Quanzhou Petrochemical Co., Ltd. and Chenghe Technology Co., Ltd. has successfully developed the high-end transparent polypropylene RP340R, marking a significant milestone in their partnership [1] - The new product is characterized by high transparency, rigidity, and excellent processing performance, meeting both domestic and international standards for food contact materials and environmental requirements [1] - This product is positioned for applications in food containers and high-end household goods, providing a strong domestic alternative to imported materials [1] Company Overview - Quanzhou Petrochemical leverages advanced polypropylene facilities and an integrated "production, sales, research, and application" operational model, having previously developed multiple high-value transparent polypropylene products [1] - Chenghe Technology is a leading enterprise in the field of polymer material additives, with its nucleating agent technology reaching international advanced levels, significantly enhancing the optical performance and processing stability of resins [1] Industry Context - The collaboration addresses the industry challenge of balancing transparency and mechanical performance in polymer products, which has been a significant hurdle in the sector [1]

Core Viewpoint - The strategic collaboration between Quanzhou Petrochemical Co., Ltd. and Chenghe Technology Co., Ltd. has successfully developed a high-end transparent polypropylene product, RP340R, marking a significant advancement in domestic production capabilities for high-end applications such as food packaging [1] Group 1: Product Development - The RP340R product features high transparency, rigidity, and excellent processing performance, with significantly optimized haze index, meeting both domestic and international standards for food contact materials and environmental requirements [1] - The product is suitable for various applications, including food containers and high-end household goods, providing a strong domestic alternative to imported products [1] Group 2: Company Capabilities - Quanzhou Petrochemical leverages advanced polypropylene facilities and an integrated "production-sales-research-application" operational model, having previously developed multiple high-value transparent polypropylene products and accumulated substantial process optimization experience [1] - Chenghe Technology, a leading enterprise in the field of polymer material additives, possesses internationally advanced nucleating agent technology that significantly enhances the optical performance and processing stability of resins [1] Group 3: Industry Challenges - The collaboration has successfully addressed the industry challenge of balancing transparency and mechanical performance, which has been a significant hurdle in the development of high-end polymer products [1]

Core Viewpoint - Chenghe Technology announced the establishment of a wholly-owned subsidiary, Guangdong Chenghe Electronic Materials Co., Ltd., on November 5, 2025, to focus on high-purity electronic materials for communications, semiconductors, and artificial intelligence sectors [2] Group 1 - The new subsidiary will serve as the main entity for the company's electronic materials business [2] - The company aims to expand its electronic materials business through independent research and development, as well as collaborations with leading industry players and domestic and international research institutions [2] - Currently, the subsidiary's business is in its initial stage, and investors are advised to invest rationally and be aware of investment risks [2]