长鸿高科今年第三季度营收净利双增

Core Insights - Ningbo Changhong High Polymer Technology Co., Ltd. reported a significant increase in revenue and net profit for Q3 2025, with revenue reaching 1.122 billion yuan, a year-on-year growth of 18.45%, and net profit attributable to shareholders at 14.3833 million yuan, up 139.35% [1] Financial Performance - The company's Q3 performance improvement is attributed to its wholly-owned subsidiary, Guangxi Changhong Biomaterials Co., Ltd., entering a profitable cycle and the completion of technical upgrades at its subsidiary, Zhejiang Changhong Biomaterials Co., Ltd., which restored production capacity [1] - In the first half of the year, the company faced significant pressure on performance due to weak downstream demand, with Guangxi Changhong's profitability impacted by prolonged downtime for technical upgrades of its PBT facility [1] Operational Developments - The technical upgrade project at Zhejiang Changhong was successfully completed in Q2, leading to a gradual recovery in production rhythm, operational efficiency, and capacity utilization [1] - Additionally, the company has successfully completed and put into production two projects: the second phase of solution styrene-butadiene rubber and TPE black masterbatch [1] - The first phase of the acrylic acid industrial park at its subsidiary, Guangdong Changhong Aikain Technology Co., Ltd., is also progressing smoothly [1]