Company Performance Goals - The company projects a revenue range of $1.45 billion to $1.55 billion for 2026, with a target capacity utilization rate maintained at a high level of 80% [2] - Planned capital expenditures are set between $65 million and $75 million, with an aim to reduce inventory by approximately $20 million through working capital optimization [2] Industry Policy and Environment - It is expected that the industry will see a net capacity reduction of 350,000 tons in the first half of 2026, which will drive utilization rates back above 90% [3] - Tariffs and a weaker dollar may suppress imports (currently over 700,000 tons annually), promoting market rebalancing [3] Strategic Advancement - The company aims for an adjusted EBITDA margin of 13% to 14% across cycles, with a free cash flow conversion rate of 40% to 50% (assuming revenues of $1.8 billion to $1.9 billion, resulting in annual free cash flow exceeding $100 million) [4] Project Progress - The previously shelved CUK conversion capacity project, with an expected investment of $50 million, has been postponed to prioritize the balance sheet, with future reassessment dependent on industry conditions and financial metrics [5]

证券代码：600328 证券简称：中盐化工 公告编号：（临）2025-064 中盐内蒙古化工股份有限公司 关于 2025 年上半年度主要经营数据的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 中盐内蒙古化工股份有限公司（以下简称"公司"）根据上海证 券交易所《上市公司行业信息披露指引第七号-医药》《上市公司行 业信息披露指引第十八号-化工》及《关于做好上市公司 2025 年上半 年度报告披露工作的通知》要求，现将公司 2025 年上半年度主要经 营数据披露如下： 主要行业 主要产品 2025 年上 半年产量 2025 年上 半年销量 营业收入（万元） 精细化工行业 金属钠、氯酸钠 （万吨） 7.46 7.55 45,730.32 基础化工行业 纯碱（万吨） 216.05 214.52 265,823.35 聚氯乙烯树脂 （万吨） 21.03 20.86 88,865.27 糊树脂（万吨） 10.96 11.16 69,478.14 烧碱（万吨） 18.68 17.65 53,232.32 氯化铵（万吨） 42.9 ...