Core Viewpoint - The chemical industry is experiencing a structural optimization and upgrade driven by global capacity restructuring and domestic policies, leading to a recovery in demand and a new upward cycle, with significant stock price increases in the basic chemical sector, particularly for companies like United Chemical [1] Group 1: Company Performance - United Chemical achieved a revenue of 53.46 million yuan in 2024, a year-on-year increase of 24.80%, and a net profit of 5.64 million yuan, up 66.81% [2] - In Q1 2025, the company reported a revenue of 13.00 million yuan, a slight increase of 0.52%, and a net profit of 1.65 million yuan, up 17.97% [2] - The company specializes in the R&D, production, and sales of azo organic pigments and water-based inks, with applications in various industries including printing, packaging, and cosmetics [2] Group 2: R&D and Innovation - United Chemical's R&D investment grew by 27.16% in 2024, with R&D expenses accounting for 4.53% of revenue [3] - The company aims to enhance its core technology and innovation through independent R&D, focusing on developing high-performance, environmentally friendly pigment products [3] - The company holds 12 invention patents and 19 utility model patents, participating in the formulation of 48 national and industry standards [2][3] Group 3: Strategic Expansion - United Chemical is expanding into the electronic chemicals sector, leveraging its experience in fine chemical synthesis and surface treatment [4] - In May 2025, the company established a joint venture, Qichen Semiconductor, to develop and produce various semiconductor materials, including photolithography monomers and electronic-grade solvents [4] - The initial production capacity for the photolithography monomer project is designed at 200 tons per year, with plans for future expansion based on market demand [4][5]

2 龙口联合化学股份有限公司 投资者关系活动记录表 龙口联合化学股份有限公司 投资者关系活动记录表 证券代码：301209 证券简称：联合化学 2025-020 龙口联合化学股份有限公司 投资者关系活动记录表 | | 特定对象调研 □分析师会议 | | --- | --- | | | □媒体采访 □业绩说明会 | | 投资者关系 | □新闻发布会 □路演活动 | | 活动类别 | □现场参观 | | | □其他（电话） | | 参与单位名称及人 | 中银国际证券：徐中良；华安证券：潘宁馨 | | 员姓名 | | | 时 间 | 2025年5月14日 | | 地 点 | 山东省龙口市诸由观镇龙口联合化学股份有限公司会议室 | | 上市公司 | 董事会秘书程丽娟女士；证券事务代表：李美女士 | | 接待人员姓名 | | | | 一、公司整体情况介绍： | | | 公司的主营业务为偶氮类有机颜料、挤水基墨的研发、生产与销 | | | 售。主要产品为黄色、红色、橙色偶氮有机颜料及挤水基墨。公司生产 | | | 的有机颜料主要应用于油墨、印刷包装、涂料、塑料、皮革、文教、儿 | | | 童玩具等诸多领域，产品出口到欧洲 ...