Zheng Quan Shi Bao Wang·2025-08-28 06:52Core Viewpoint - The company achieved significant revenue and profit growth in the first half of 2025, driven by strong performance in its fluorochemical core business amidst a challenging chemical industry environment [1] Financial Performance - In the first half of 2025, the company reported revenue of 13.33 billion yuan, a year-on-year increase of 10.36% [1] - The net profit attributable to shareholders reached 2.05 billion yuan, reflecting a substantial year-on-year growth of 146.97% [1] - The net profit excluding non-recurring items was 2.03 billion yuan, with a year-on-year increase of 155.23% [1] Business Operations - The fluorinated refrigerants business served as the core growth engine, with average prices rising to 39,372.45 yuan per ton, a year-on-year increase of 61.88% [2] - Revenue from the fluorinated refrigerants segment reached 6.09 billion yuan, marking a year-on-year growth of 55.09% [2] - The company secured production quotas for HCFC-22 and HFCs, holding 26.10% and 39.33% of the national market share, respectively [2] Industry Chain Coordination and Project Development - The company invested 1.99 billion yuan in fixed assets during the reporting period, with 125 ongoing projects and 36 new projects initiated [3] - The high-performance fluorinated chlorinated materials integration project in Gansu, with a total investment of 19.63 billion yuan, has commenced, aiming to leverage regional energy resources [3] - The company’s subsidiaries are developing a complete industrial chain covering fluorochemical raw materials, refrigerants, fluorinated polymers, and fine chemicals [3] Research and Innovation - The company invested 603 million yuan in R&D, a year-on-year increase of 11.69%, focusing on high-end product development [3] - The company filed 32 new patent applications and received 25 patent grants during the reporting period [3] - Five smart factories were recognized as advanced smart factories in Zhejiang Province for 2025, showcasing significant progress in digital and intelligent transformation [3] Future Outlook - The company plans to continue focusing on its core fluorochemical business, enhancing high-end product development and expanding production capacity for fourth-generation fluorinated refrigerants [4] - The company aims to leverage projects in Gansu to expand its western industrial base and enhance global market competitiveness [4] - Ongoing efforts in technological innovation and digital transformation are expected to solidify the company’s leading position in the fluorochemical sector [4]