董事长辞职！中化国际，加速变局

Core Viewpoint - The article discusses the recent developments and strategic adjustments of Sinochem International, including leadership changes, business focus on new materials, and financial performance amidst a challenging chemical industry environment [2][4][5]. Group 1: Leadership Changes - Sinochem International's chairman Zhang Xuegong has resigned, and the board has elected current general manager Pang Xiaolin as the new chairman [2]. Group 2: Business Segments and Developments - The company operates in five main segments: basic raw materials and intermediates, high-performance materials, polymer additives, chemical materials marketing, and others [2]. - The production of 40,000 tons/year of Nylon 66 is stable, and a 2,500 tons/year para-aramid expansion project is set to begin trial production in Q4 2024 [2][3]. - The company is focusing on specialty materials such as carbon three, epoxy resins, polymer additives, engineering plastics, and aramid fibers [3]. Group 3: Financial Performance - In 2024, the company reported revenues of 52.925 billion yuan, with a net profit attributable to shareholders of -3.716 billion yuan, a year-on-year decline of 58.63% [4]. - For 2025, the expected net profit is projected to be between -2.411 billion yuan and -1.929 billion yuan, primarily due to the ongoing downturn in the chemical industry [4]. Group 4: Strategic Adjustments - The company is undergoing significant restructuring, including the bankruptcy of subsidiaries involved in lithium battery materials and the transfer of equity in a membrane technology company to DuPont [5][6]. - Sinochem International plans to acquire Nantong Xingchen Synthetic Materials Co., a producer of epoxy resins and polyphenylene ether, which will position it as the leading domestic producer in these categories [6]. Group 5: Production Capacity and Utilization - As of the end of 2024, the company has various production capacities across key products, with utilization rates for several products exceeding 100%, indicating efficient production [7][8].