7月14日晚间，醋化股份（603968）发布2025年半年度业绩预告，预计2025年半年度实现归属于上市公 司股东的净利润为0万元到500万元，与上年同期相比，将实现扭亏为盈。公司表示，报告期内，公司积 极应对市场变化，加大营销拓展力度，适时调整产品、客户和销售区域结构占比，同时通过优化生产组 织、改进装备工艺、推进降本增效等措施，有效提升公司产品盈利空间，缓解市场竞争压力，为公司整 体实现盈利提供了支撑。同时，由于产品成本状况改善，资产减值损失的计提相比上年同期有所减少， 且报告期内公司确认的股份支付费用较上年同期相比有所减少。 当前，精细化工行业企业整体面临多重挑战。全球经济增速放缓，国际贸易环境复杂多变，尤其对化工 产品的出口造成了不利影响。同时，国内环保政策持续收紧，对化工行业也产生了深远影响。高污染、 高能耗的传统生产工艺受到了一定的限制，虽然给行业带来了较大压力，但也促使精细化工行业企业加 快转型升级，向绿色、环保、高效的生产方式转变。公司此前表示，公司利用自身的较强研发实力，延 伸产业链，持续拓展新产品。公司产品结构丰富，涵盖了食品、饲料添加剂、医药、农药中间体，颜 (染)料中间体等多个行业，涉 ...

Group 1: Industry Outlook and Company Position - The company operates in the fine chemical industry, focusing on specialized fine chemicals with a wide range of applications and high added value [5] - The company’s main products include oil additives, refining aids, and oilfield chemicals, with significant demand from the petroleum and petrochemical sectors [5] - The company has developed a microchannel continuous reaction technology, recognized in the "2024 Petrochemical Green Low-Carbon Process Directory," promoting safety and sustainability in chemical production [5][8] Group 2: Financial Performance and Growth Strategies - In 2024, the company reported a revenue of 52,662.28 million yuan, a decrease of 9.4% year-on-year, and a net profit of 3,063.46 million yuan, down 43.52% due to unfavorable market conditions [8] - The company plans to enhance market penetration and sales strategies in 2025, focusing on value marketing and expanding product applications [6] - Continuous exploration of new markets and product lines is underway, including research on vanadium corrosion inhibitors and battery-grade ferrous oxalate [9] Group 3: International Market and Competitive Advantage - The company is the only domestic producer of cetane improvers certified by the US EPA and EU REACH, allowing access to international markets [7] - Products are exported to over 30 countries across six continents, establishing a solid customer base and reputation [7] Group 4: Financial Reporting and Governance - The company ensures the authenticity and fairness of financial statements through compliance with accounting standards and regular audits by independent firms [6] - The actual controller holds 36.58% of voting rights, with no current share pledge risks reported [11]