Investment Rating - The report assigns a "Buy" rating to the company, indicating a positive outlook for its stock performance in the near term [6]. Core Insights - The company is set to launch a metal extraction agent project with an expected production capacity of 10,000 tons per year by the end of the year, which is anticipated to generate significant revenue [1]. - The company is the sole supplier of special carbon black for high-voltage cables in China, with a production capacity of 50,000 tons per year for its first phase project, which has entered trial production [2]. - A second phase project for high-voltage cable shielding materials is under construction, with an expected launch in mid-2026, further expanding the company's product offerings in the high-voltage cable market [3]. Financial Summary - Projected revenues for 2025, 2026, and 2027 are estimated at 30.95 billion, 37.04 billion, and 47.84 billion respectively, with net profits of 3.75 billion, 4.18 billion, and 5.69 billion [4]. - The company’s revenue growth rates are projected at 36.59% for 2025, 19.68% for 2026, and 29.15% for 2027, indicating strong growth potential [4]. - The earnings per share (EPS) is expected to increase from 1.36 in 2024 to 2.63 in 2027, reflecting a positive trend in profitability [4].
联科科技（001207）：萃取剂项目投产在即、特种炭黑逐步放量