KINGFA(SH:600143) Zheng Quan Shi Bao Wang·2025-08-25 11:03Core Viewpoint - Jinfa Technology, a leading company in the chemical new materials sector, reported strong financial performance for the first half of 2025, achieving a revenue of 31.636 billion yuan, a year-on-year increase of 35.50%, and a net profit of 585 million yuan, up 54.12% [1] Group 1: Financial Performance - In the first half of 2025, Jinfa Technology's revenue reached 31.636 billion yuan, reflecting a 35.50% year-on-year growth [1] - The company's net profit attributable to shareholders was 585 million yuan, marking a 54.12% increase compared to the previous year [1] Group 2: Business Growth Drivers - The growth in Jinfa Technology's performance is attributed to three main factors: steady growth in modified plastic sales and gross profit, improved operational quality in green petrochemicals, and increased sales and gross profit in special engineering plastics [1] - The sales volume of modified plastics reached 1.3088 million tons, a year-on-year increase of 19.74%, setting a new record for the first half of the year [1] Group 3: Market Expansion and Globalization - Jinfa Technology has been actively promoting globalization, enhancing local service capabilities, with factories in Vietnam and Spain already in production and an Indonesian factory set to commence operations [2] - The company achieved a finished product sales volume of 161,000 tons, a 33.17% increase year-on-year, significantly boosting its global market share [2] Group 4: Product Development and Innovation - In the field of special engineering plastics, Jinfa Technology has established production capabilities for various types, including PEEK, LCP, and PPA, which are used in high-tech applications such as AI servers and intelligent robots [2] - The sales volume of major products in the special engineering plastics segment reached 14,800 tons, a remarkable 60.87% increase year-on-year, becoming a key driver of the company's performance [2] Group 5: Sustainable Development Initiatives - Jinfa Technology has innovatively built a full industry chain system in the field of synthetic biological materials, achieving large-scale production of bio-based raw materials and developing sustainable products [3] - The company is focused on innovation-driven growth, enhancing organizational efficiency, and accelerating internationalization, positioning itself for further development in the chemical new materials sector [3]