利尔化学：上半年净利润增长191.21% 拟10派2元

Core Viewpoint - Li Er Chemical reported significant growth in revenue and net profit for the first half of 2025, indicating strong operational performance and market position in the agrochemical industry [1][2]. Financial Performance - The company achieved a revenue of 4.507 billion yuan, representing a year-on-year increase of 35.36% [1]. - The net profit attributable to shareholders was 271 million yuan, up 191.21% year-on-year [1]. - The non-recurring net profit reached 272 million yuan, marking a 241.02% increase compared to the previous year [1]. - A profit distribution plan was announced, proposing a cash dividend of 2 yuan per 10 shares (including tax) [1]. Industry Position - Li Er Chemical is the largest domestic research and production base for chlorinated pyridine herbicides and a major producer of glyphosate and its raw materials [1]. - The company ranks among the top in China for the production and export of chlorinated pyridine herbicides and glyphosate [1]. - Products have been exported to over 30 countries and regions, establishing long-term strategic partnerships with major global agrochemical companies [1]. Technological Advancements - The company is the second globally to master the integrated catalytic chlorination technology for pyridine compounds, following Dow AgroSciences [1]. - It is the first in China to achieve large-scale synthesis of glyphosate and its raw materials, leveraging its technological advantages [1]. - Continuous innovation in the production process of glyphosate has led to the development of high-value patents, with a focus on global patent deployment [1]. - Research and development investment reached 143 million yuan during the reporting period [1]. Operational Strategy - The company emphasizes compliance, safety, environmental protection, quality, and cost as core operational principles [2]. - Efforts are made to optimize existing processes to enhance product competitiveness and ensure timely completion of key projects [2]. - The company is focusing on strengthening strategic customer relationships and expanding into new markets while accelerating the development of new products [2]. - Some products experienced an increase in both sales volume and prices compared to the previous year [2].