ZJJH(SH:600160) 智通财经网·2026-01-21 10:55Core Viewpoint - Juhua Co., Ltd. (600160.SH) anticipates a significant increase in net profit for the fiscal year 2025, projecting a range of CNY 3.54 billion to CNY 3.94 billion, representing a year-on-year increase of CNY 1.58 billion to CNY 1.98 billion, or a growth of 80% to 101% [1] Financial Performance - The expected net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be between CNY 3.514 billion and CNY 3.914 billion, indicating an increase of CNY 1.611 billion to CNY 2.011 billion compared to the previous year, which translates to a growth of 85% to 106% [1] Key Drivers - The substantial growth in performance is primarily attributed to the continuous recovery in prices of core products, specifically fluorinated refrigerants, alongside stable production and sales volumes of major products, leading to an increase in gross margins and profits [1] - The implementation of production quotas for third-generation fluorinated refrigerants (HFCs) starting in 2024 has contributed to the effective digestion of factory and channel inventories over the past two years, coupled with strong downstream demand [1] - The ongoing improvement in industry ecology and competitive order, along with the establishment of HFCs as functional agents and "essential consumer goods," has facilitated a sustained recovery in product prices and a significant increase in gross margins [1]