宝丰能源产销量显著增加预盈超110亿 已斥资10亿回购股份市值增至1530亿

Core Viewpoint - Baofeng Energy, a leading enterprise in efficient coal-based new materials in China, is expected to achieve a record net profit of 11 to 12 billion yuan in 2025, marking a year-on-year growth of 73.57% to 89.34% due to the production launch of its Inner Mongolia olefin project [2][3][4] Financial Performance - The company anticipates a net profit of 110 to 120 billion yuan for 2025, an increase of approximately 46.62 to 56.62 billion yuan compared to the previous year, with a growth rate of 73.57% to 89.34% [3][4] - For the first three quarters of 2025, Baofeng Energy reported revenues of 355.45 billion yuan, a year-on-year increase of 46.43%, and a net profit of 89.50 billion yuan, up 97.27% [5][6] - The company’s financial condition has improved, with a debt-to-asset ratio of 49.10% as of September 2025, down from 51.98% at the end of 2024 [9] Project Developments - The Inner Mongolia olefin project, which began construction in 2021, is set to be the world's largest coal-to-olefin production line, with a capacity of 3 million tons per year and a green hydrogen coupling project [2][6][8] - The project is expected to be fully operational by mid-2025, significantly increasing the production and sales of olefin products [2][6] Shareholder Returns - Baofeng Energy has committed to a share repurchase plan of no less than 1 billion yuan, with 1 billion yuan already spent on repurchasing shares [10] - Since its listing in 2019, the company has distributed a total of 173.48 billion yuan in cash dividends, with an average dividend payout ratio of 40.59% [10]