Core Viewpoint - Longhua Chemical Technology Co., Ltd. is actively engaging with investors to showcase its technological advantages and progress in the carbon dioxide polyether project, which is expected to enhance its market position and value management strategies [1][2]. Group 1: Technical Advantages and R&D Direction - The company has established seven research institutes over 15 years, focusing on catalyst iteration, automotive polyethers, specialty polyether preparation, and the development of green low-carbon recyclable functional materials [1]. - The project employs high-efficiency new catalysts and low-temperature, low-pressure processes, allowing for adjustable carbon dioxide content in products, which possess unique structures and environmental benefits [4]. Group 2: Carbon Dioxide Polyether Project Progress and Planning - The carbon dioxide polyether project is currently under construction, with an expected completion and production start in Q4 of this year, aiming for an annual output of 1.06 million tons [2]. - The first phase of the project will produce 80,000 tons of carbon dioxide polyether, establishing a technological barrier and market reputation before optimizing processes and efficiency [2]. Group 3: Application Fields and Market Space - Carbon dioxide polyether, a copolymer of propylene oxide and carbon dioxide, is expected to see expanding market capacity in the polyurethane industry, with applications in adhesives, elastomers, and automotive composite foams [3]. - The product's unique physical properties allow it to replace imported products and optimize material properties in various applications [3]. Group 4: Market Value Management Planning - The company achieved a net profit of 41.13 million yuan in the first half of 2025, a year-on-year increase of 62.71%, through optimizing product and customer structures and implementing cost-reduction strategies [5]. - The company plans to continue leveraging its competitive advantages to drive sustained performance growth and enhance intrinsic value through the carbon dioxide polyether and high-performance polyol project [5].
调研速递|长华化学接受民生证券等12家机构调研 二氧化碳聚醚项目成关注焦点