ANDTY(SZ:002136) Zheng Quan Shi Bao Wang·2025-07-30 08:41Core Viewpoint - Anada (002136) reported a decline in revenue and a net loss for the first half of 2025, indicating challenges in the titanium dioxide market and the broader industry dynamics [1] Company Summary - Anada's revenue for the first half of 2025 was 876 million yuan, a year-on-year decrease of 10.51% [1] - The company recorded a net loss attributable to shareholders of 26.27 million yuan, compared to a profit of 45.23 million yuan in the same period last year [1] Industry Summary - Domestic titanium dioxide production remained stable compared to last year, but the market is currently facing intensified supply-side competition and tightening downstream demand [1] - The renewable energy sector is experiencing steady growth, with the iron phosphate industry undergoing both external development and competition, as well as internal quality improvement and cost reduction [1]