HCSC(SH:600378) Ge Long Hui·2025-10-21 08:24Core Viewpoint - Haohua Technology (600378.SH) is a leading domestic enterprise in the specialty gas industry, focusing on the electronic information sector with over 50 years of technological accumulation and innovation [1] Group 1: Company Overview - Haohua Gas, a subsidiary of Haohua Technology, has a total production capacity of tens of thousands of tons, with some products holding a domestic market share of up to 60% [1] - The main products include nitrogen trifluoride, carbon tetrafluoride, sulfur hexafluoride, tungsten hexafluoride, hexafluoropropane, hydrogen selenide, hydrogen sulfide, and hydrogen bromide [1] - The company is currently developing electronic mixed gases for photolithography applications [1] Group 2: Technological Advancements - The company utilizes advanced fluorine production technology and vertical high-efficiency fluorination reactors to achieve international advanced product standards for high-purity carbon tetrafluoride [1] - The ultra-high-purity sulfur hexafluoride has been upgraded from the existing high-purity product, achieving over 60% market share in domestic flat panel display applications [1] - Haohua Technology has successfully developed eight types of products, including electronic-grade hexafluorobutylene and electronic-grade hydrogen bromide, contributing to the domestic substitution of integrated circuit etching gases [1] Group 3: Market Outlook - The electronic specialty gas business is expected to benefit from the recovery of end-user markets and the growing demand for AI applications [1]