Core Viewpoint - The company, Zhejiang Juhua Co., Ltd., is forecasting a significant increase in net profit for the first half of 2025, driven by rising prices of its core product, fluorinated refrigerants, and stable growth in production and sales [1][2]. Group 1: Performance Forecast - The net profit attributable to shareholders is expected to be between 1.97 billion to 2.13 billion yuan, an increase of 1.136 billion to 1.296 billion yuan compared to the same period last year, representing a year-on-year growth of 136% to 155% [1]. - The net profit is projected to be between 1.95 billion to 2.11 billion yuan, with an increase of 1.156 billion to 1.316 billion yuan compared to the previous year, indicating a year-on-year growth of 146% to 166% [1][2]. - The previous year's net profit attributable to shareholders was 834.216 million yuan, with a net profit of 793.8249 million yuan after deducting non-recurring gains and losses [1]. Group 2: Reasons for Performance Increase - The primary reason for the significant growth in performance is the continuous recovery in the prices of core products, particularly fluorinated refrigerants, alongside stable growth in production and sales, leading to increased gross margins and profits [2]. - The implementation of production quotas for HFCs starting in 2024 has led to sufficient inventory digestion and strong downstream demand, contributing to the price recovery and improved industry dynamics [2]. - The company has actively adapted to seasonal production and market structure challenges, focusing on management, market expansion, and optimizing product structure to enhance production efficiency [2].