Core Insights - Taihe Chemical Co., Ltd. officially listed on the Shenzhen Stock Exchange's ChiNext board on April 11, with an initial offering price of 10.27 CNY per share, closing at 40.05 CNY, marking a 289.97% increase [1] - The company specializes in the research, production, and sales of pesticide products and functional chemicals, holding a leading position in key products such as Bacillus thuringiensis, Pyraclostrobin, and 2,4-D, with Bacillus thuringiensis accounting for over 50% of global production capacity [1][2] - The sales volume of the three core products for the first half of 2024 saw significant year-on-year increases of approximately 42% for 2,4-D, 131% for Bacillus thuringiensis, and 44% for Pyraclostrobin, with the sales rates for Bacillus thuringiensis and Pyraclostrobin exceeding 90% for three consecutive years [1] Financial Performance - The company has demonstrated strong revenue growth from 2021 to 2024, with reported revenues of 3.579 billion CNY in 2021, 5.099 billion CNY in 2022, 3.868 billion CNY in 2023, and an audited revenue of 4.214 billion CNY in 2024 [2] - The expansion into functional chemicals, including high-value products like tetrachloropropene, has broadened the company's application range and facilitated cross-industry breakthroughs [2]
泰禾股份成功登陆创业板 上市首日大涨289.97%