Core Viewpoint - The company has adjusted its sales strategy for water treatment agents, resulting in steady growth in both sales volume and revenue [1] Group 1: Company Performance - The company has achieved full production capacity of 300,000 tons for its two phases of chlor-alkali production [1] - Future growth in the chlor-alkali business will rely on the extension of downstream products [1] Group 2: Strategic Planning - The company is actively planning the industrialization of products related to its technical reserves [1]

证券日报网讯泰和科技（300801）7月30日在互动平台回答投资者提问时表示，公司环氧树脂项目于 2021年已进入技术储备阶段，环氧改性酚醛树脂项目目前处于中试阶段，尚未形成销售。 ...

泰和科技（300801.SZ）7月30日在投资者互动平台表示，泰和科技环氧树脂项目于2021年已进入技术储 备阶段，环氧改性酚醛树脂项目目前处于中试阶段，尚未形成销售。 每经AI快讯，有投资者在投资者互动平台提问：尊敬的董秘您好，请问一下公司在PCB产品上的技术储 备有哪些？或者在研项目有哪些是可以应用到PCB上的？ （文章来源：每日经济新闻） ...

天眼查商业履历信息显示，山东泰和科技股份有限公司，成立于2006年，位于枣庄市，是一家以从事化 学原料和化学制品制造业为主的企业。企业注册资本21843万人民币，实缴资本9000万人民币。公司法 定代表人为姚娅。 通过天眼查大数据分析，山东泰和科技股份有限公司共对外投资了10家企业，参与招投标项目112次， 知识产权方面有商标信息8条，专利信息321条，此外企业还拥有行政许可227个。 金融界消息 截至2025年7月29日收盘，泰和科技（300801）报收于22.85元，下跌1.47%，换手率 5.46%，成交量7.48万手，成交金额1.71亿元。 资金流向方面，今日主力资金净流出1278.25万元，占比成交额7.49%。其中，超大单净流出149.92万 元、占成交额0.88%，大单净流出1128.33万元、占成交额6.61%，中单净流出流出328.34万元、占成交 额1.92%，小单净流入1606.59万元、占成交额9.41%。 泰和科技最新一期业绩显示，截至2025一季报，公司营业总收入6.54亿元、同比增长25.53%，归属净利 润2844.69万元，同比减少32.07%，扣非净利润2387.81万元， ...

Summary of Key Points Core Viewpoint - Taihe Technology (300801) expects a net profit attributable to shareholders of the listed company to be between 55 million yuan and 60 million yuan for the period from January 1, 2025, to June 30, 2025, representing a growth of 1.38% to 10.60% compared to the same period last year [1] Financial Performance - The expected net profit after deducting non-recurring gains and losses is projected to be between 38 million yuan and 43 million yuan, which indicates a decline of 3.15% to 14.41% compared to the previous year's figure of 44.39 million yuan [1] - During the reporting period, the company accrued expenses related to the employee stock ownership plan amounting to 16.91 million yuan, with the estimated impact of non-recurring gains and losses on net profit being approximately 17 million yuan [1]

证券代码：300801 证券简称：泰和科技 公告编号：2025-023 山东泰和科技股份有限公司 2025 年半年度业绩预告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、本期业绩预计情况 1、业绩预告期间：2025 年 1 月 1 日-2025 年 6 月 30 日 2、预计的业绩：同向上升 二、与会计师事务所沟通情况 本次业绩预告相关数据是公司财务部门初步测算的结果，未经会计师事务所 预审计。 三、业绩变动原因说明 1 1、在全球市场竞争加剧、需求增长乏力的背景下，公司及时调整销售策略， 通过优化产品组合、拓展销售渠道、提升客户服务质量等措施，不仅有效提升了 市场占有率，还助力客户增强了市场竞争力，实现了公司与客户的互利共赢，2025 年上半年预计营业收入 139,159.69 万元，同比增长 27.68%，总销量 65.43 万吨， 同比增长 74.45%。其中，水处理剂销量 17.82 万吨，同比增长 19.94%；氯碱销 量 47.60 万吨，同比增长 110.23%。公司产品销量增长带动公司营业收入同比增 长，进而实现了归属于上市公司股东的净 ...

Group 1: Production and Technology - Continuous production at Taihe Technology refers to automated, continuous input and output processes, offering advantages such as safety, lower investment, stable product quality, and reduced labor needs [1] - The annual production capacity of self-produced phosphorus trichloride is 240,000 tons, with significant technical advantages leading to lower production costs for downstream phosphorus-containing products [2] - Current projects for PEEK, PEN, and PPS are in the pilot testing stage, with PEEK samples already being sent out [2] Group 2: Research and Development - Taihe Technology has approximately 150 R&D personnel, excluding analysis, design, and engineering staff, with the lithium sulfide project team composed entirely of internally trained professionals [3] - The brain biofeedback device developed by Taihe Technology provides real-time feedback for meditation, enhancing user experience compared to existing products [2] Group 3: Incentive Mechanism - The incentive mechanism for executives includes performance indicators linked to business operations, with year-end bonuses based on the completion of these indicators [3] - Business personnel's compensation consists of a fixed salary plus year-end bonuses, determined by market development performance [3] Group 4: Future Growth Points - Future profit growth is expected to come from water treatment agents, electronic chemicals, new materials, battery materials (including sodium battery components and solid-state electrolyte raw materials), and ongoing and planned projects [4]

Investment Rating - The industry rating is "Outperform the Market" [3][50]. Core Insights - Breakthroughs in electrolyzer technology have been observed, and the hydrogen heavy-duty truck sector is gradually maturing. The newly awarded electrolyzer projects are still primarily alkaline, but both PEM and AEM electrolyzer technologies have made significant advancements. It is recommended to pay attention to companies at the forefront of electrolyzer technology [2][40]. - The midstream sector is accelerating the development of hydrogen transportation and utilization, promoting the construction of hydrogen refueling stations. Companies with hydrogen transportation capabilities are recommended for attention [2][40]. - Transportation applications are leading the gradual maturation of the hydrogen fuel cell industry ecosystem, with a recommendation to focus on hydrogen vehicle companies related to heavy-duty trucks [2][40]. Industry Performance - As of July 4, 2025, the hydrogen energy index closed at 2135.09 points, with a weekly change of 1.03% and a year-to-date change of 20.16%. The hydrogen energy index ranked 53rd among the Shenwan secondary industry rankings this week, showing a significant decline [8][14]. - The TTM price-to-earnings ratio of the hydrogen energy index is 24.66 times, and the MRQ price-to-book ratio is 1.60 times as of July 4, 2025 [11][13]. Company Dynamics - The top five companies in the hydrogen energy sector by weekly increase are Xuedilong (31.74%), Kaimeteqi (27.46%), Shengdexintai (22.40%), Zhongcai Technology (20.71%), and Huaguang Huaneng (20.06%). The top three companies by weekly decrease are Guangzhi Technology (-15.82%), Taihe Technology (-9.40%), and Xinxunda (-9.13%) [14][16]. - This week, there were 9 awarded projects in the hydrogen energy sector, with 3 electrolyzer bidding projects totaling 520 MW and a total hydrogen production capacity of 104,000 Nm³/h [17][18]. Industry Dynamics - Significant developments include the approval of the first cross-province green hydrogen pipeline in Inner Mongolia and the launch of hydrogen two-wheelers in Dongguan. These initiatives are part of broader efforts to promote hydrogen energy as a strategic industry [35][36]. - Internationally, Morocco's large-scale green hydrogen project is making progress, and Uzbekistan's Tashkent green hydrogen project has successfully achieved hydrogen production [36][37].

Group 1: New Listings and Market Performance - Xin Henghui successfully listed on the Shenzhen Stock Exchange on June 20, becoming the second new A-share listed company in Shandong this year and the first from Zibo [2][3] - As of June, there are 16 companies in Shandong awaiting IPO approval, with 13 updating their review status [4][6] - In June, 222 stocks from Shandong experienced an upward price trend, with Taihe Technology showing the highest increase of 76.05% [2][15][18] Group 2: Company Financials and Business Overview - Xin Henghui, established in 2017, specializes in chip packaging materials and reported revenues of 684 million yuan, 767 million yuan, and 842 million yuan for 2022 to 2024, reflecting a compound annual growth rate of 10.97% [2][3] - The company's net profits for the same period are projected to be 110 million yuan, 152 million yuan, and 186 million yuan, indicating strong operational performance [2] - The smart card business remains Xin Henghui's core revenue source, contributing 84.45%, 78.35%, and 69.28% to its main business income from 2022 to 2024 [2] Group 3: Market Capitalization and City Distribution - As of June 30, the total market capitalization of Shandong's 309 A-share listed companies reached 38,445.71 billion yuan, with Yantai, Qingdao, and Jinan holding the top three positions [10][13] - The market capitalization ranking among cities saw Yantai surpass Qingdao, with Yantai at 8,183.91 billion yuan and Qingdao at 8,040.13 billion yuan [13] - The top ten listed companies in Shandong have a combined market capitalization of 13,154.85 billion yuan, with seven companies exceeding 1,000 billion yuan [13][20]

Group 1: Company Overview - The main business of Taihe Technology is water treatment agents, with downstream applications in power, metallurgy, chemicals, oil extraction, and daily chemicals [1] - Major domestic competitors in the water treatment agent sector include Taihe Technology, Nantong Lianfan, and Qingshuiyuan [1] Group 2: Production and Supply Chain - The company has achieved full self-supply of phosphorus trichloride, with an annual production capacity of 240,000 tons [2] - Product pricing is determined by various factors, including raw material price fluctuations, market competition, and company strategy [2] Group 3: Export and Market Impact - The company exports primarily to Europe, America, the Middle East, and Asia-Pacific regions [2] - Most of Taihe Technology's products are included in the U.S. exemption list, minimizing the impact of new tariff policies on operations [2] Group 4: Research and Development - The company employs approximately 150 R&D personnel, excluding analysis, design, process, and engineering technicians [2] - The technology for R&D projects is sourced from in-house development [2] - The lithium sulfide process uses solid-phase methods, with current progress in the pilot testing stage [2]