本报讯(记者丁蓉)7月14日晚，化工新材料领域龙头企业金发科技（600143）股份有限公司(以下简称： 金发科技)发布2025年半年度业绩预增公告。报告显示，2025年上半年，金发科技预计实现归属于上市 公司股东的净利润5.50亿元到6.50亿元，与上年同期相比，将增加1.70亿元到2.70亿元，同比增长 44.82%到71.15%。 改性塑料业务的持续强势增长，是金发科技业绩增长的核心推动力。不同于市场对基础化工"周期行 业"的传统认知，近年来，金发科技的改性塑料业务展现出持续的成长性。公司业绩预告显示，金发科 技持续加大新产品开发力度，改性塑料产品结构持续优化，市场份额稳步提升，在汽车、电子电工、新 能源等行业的销量和毛利均实现稳步增长。 在技术研发领域，今年上半年，金发科技成功推出新一代低碳LCP材料。此外，金发科技计划攻克新型 长碳链聚酰胺、透明聚酰胺、聚酰胺弹性体、超高耐热LCP等材料的产业化关键技术，并加速LCP薄膜 深加工产业链的国产化替代进程。当前，金发科技新增LCP在建产能1.5万吨，特种聚酰胺0.8万吨。 对于当前资本市场关注度较高的PEEK材料，金发科技同样进行了领先布局，公司拥有自主研 ...

Core Viewpoint - Jinfa Technology (600143.SH) is expected to achieve a net profit of 5.50 billion to 6.50 billion yuan in the first half of 2025, reflecting a year-on-year increase of 44.82% to 71.15% [1] Group 1: Financial Performance - The company anticipates a non-recurring net profit of 5.01 billion to 6.01 billion yuan, representing a year-on-year growth of 43.48% to 72.12% [1] - The growth is attributed to the steady increase in sales and gross profit from modified plastics, improved operational quality in green petrochemicals, and growth in sales and gross profit from special engineering plastics [1] Group 2: Business Segments - The modified plastics business is a core driver of Jinfa Technology's stable growth, with continuous product development and market share expansion in sectors such as automotive, electronics, and new energy [2] - The special engineering plastics segment has become a significant performance driver, with a 91% year-on-year increase in sales volume in Q1 2025 [3] Group 3: Technological Advancements - Jinfa Technology has launched a new generation of low-carbon LCP materials and is the second company globally to receive ISCC PLUS certification for LCP materials [4] - The company is focusing on the industrialization of new materials such as long-chain polyamide and PEEK, with applications in high-end sectors like robotics and aerospace [4] Group 4: Global Expansion - The company is actively pursuing global expansion, with successful establishment of overseas bases in Vietnam and Spain, and ongoing construction in Poland, Mexico, and Indonesia [2] Group 5: Future Outlook - With the recovery of the manufacturing sector and the acceleration of new production capabilities, Jinfa Technology is positioned to strengthen its leading position in the chemical new materials sector [5] - The company maintains a stable cash dividend policy, having distributed a total of 67.53 billion yuan in dividends since its listing, indicating a commitment to returning value to investors [4][6]

Group 1 - The core viewpoint highlights the significant performance of private enterprises in China's foreign trade, with import and export value reaching 12.48 trillion yuan, a year-on-year increase of 7.3%, accounting for 57.3% of the country's total foreign trade [1] - Private enterprises have achieved record highs in the export of high-tech products, new three categories of products, and self-owned brand products [1] Group 2 - The chemical industry is experiencing a transformation, with companies like Yixiang Chemical breaking the long-standing technological and product monopoly held by Japan and Europe, achieving an export of 20 million USD in 2023 [4] - Methyl methacrylate (MMA), produced by Yixiang Chemical, is widely used in various applications, including organic glass and high-end coatings, and is crucial for products in electronics, medical biology, and aerospace [4] Group 3 - The industrial internet platform at Yixiang Chemical allows for real-time monitoring and control of production parameters, enhancing operational efficiency [5] - The extension of the industrial chain in the chemical sector increases product added value, with over 100 new materials enterprises gathered in Chongqing, forming a core industrial cluster [7] Group 4 - The Chongqing Economic and Information Commission emphasizes equal support for funding, technology, talent, and energy to foster the growth of private enterprises, particularly in AI, industrial machinery, and new materials [9]

Core Viewpoint - The new materials industry pilot base is experiencing significant interest and demand, transitioning from seeking projects to projects actively approaching the base for collaboration [1][2]. Group 1: Project Development - The pilot base has successfully signed 13 projects, including 5 led by academicians, focusing on innovative research in synthetic biology and chemical materials [2]. - The base has a project reserve of over 60, ensuring immediate operation upon completion [1]. Group 2: Infrastructure and Facilities - The pilot base covers an area of 156 acres, with plans for 16 Class A pilot plants and various supporting facilities, including a wastewater treatment station and a shared "green island" for waste gas treatment [1][4]. - The base emphasizes green development, utilizing a unique waste gas treatment model that centralizes pollution management [3]. Group 3: Future Plans - The pilot base is set to be operational by October this year, with ongoing construction and plans for a second phase targeting strategic emerging industries [4].

General Provisions - Shenzhen Cotran New Material Co., Ltd. is established as a joint-stock company according to the Company Law and other relevant regulations [4] - The company was approved by the China Securities Regulatory Commission to issue 22 million shares of ordinary stock to the public on November 17, 2017 [4] - The registered capital of the company is RMB 126.431804 million [5] Business Objectives and Scope - The company's business objective is to enhance management levels and core competitiveness while providing quality services to customers and maximizing shareholder value [6] - The business scope includes research, manufacturing, and sales of waterproof, fireproof, anti-corrosion, sealing, and insulation materials, as well as various electronic materials and products [6][7] Shares - The company's shares are issued in the form of stocks, with a par value of RMB 1.00 per share [8] - The total number of shares issued at the establishment of the company was 60 million shares, with 100% held by the founding shareholders [8] Shareholder Rights and Obligations - Shareholders have the right to receive dividends and participate in decision-making processes, including voting at shareholder meetings [13] - Shareholders are obligated to comply with laws and regulations, pay for their subscribed shares, and not misuse their rights to harm the company or other shareholders [19] Shareholder Meetings - The company holds annual shareholder meetings within six months after the end of the fiscal year, and temporary meetings can be called under specific circumstances [50][51] - Shareholder meetings must be announced at least 20 days in advance for annual meetings and 15 days for temporary meetings [62] Decision-Making and Voting - Major decisions, such as capital increases, mergers, and significant transactions, require approval from the shareholders' meeting [45][48] - The voting process must comply with legal and regulatory requirements, ensuring that all shareholders have the opportunity to participate [31][32]

Core Viewpoint - The document outlines the information disclosure management system of Shenzhen Kexin New Materials Co., Ltd, emphasizing the importance of timely, accurate, and complete disclosure of information that may significantly impact investor decisions and the trading prices of the company's stocks and derivatives [1][2]. Group 1: General Principles of Information Disclosure - The company must ensure that all disclosed information is true, accurate, complete, timely, and fair, and must provide explanations if it cannot guarantee these aspects [5][6]. - Information disclosure obligations apply to the company, its directors, senior management, and other relevant parties, who must comply with regulations set by the China Securities Regulatory Commission (CSRC) and the Shenzhen Stock Exchange (SZSE) [3][4]. - The company is responsible for ensuring that its board secretary can access relevant information promptly to fulfill disclosure duties [3][4]. Group 2: Types of Information Disclosure - The company is required to disclose periodic reports, including annual, semi-annual, and quarterly reports, as well as temporary reports for significant events [14][15]. - The company must disclose any information that could significantly affect its core competitiveness, operational activities, and future development [22][23]. Group 3: Disclosure Standards and Procedures - The company must disclose transactions that meet specific thresholds, such as those involving assets totaling over 10% of the latest audited total assets or generating profits exceeding 10% of the latest audited net profit [43][44]. - For significant transactions, the company must submit them for shareholder approval if they exceed 50% of the latest audited total assets or meet other specified criteria [44][45]. Group 4: Responsibilities of Directors and Senior Management - Directors and senior management must report any changes in their shareholdings within two trading days and disclose relevant details, including the number of shares held before and after the change [57][58]. - The company must ensure that insiders do not engage in trading based on undisclosed information [60][61]. Group 5: Handling of Major Events - The company must promptly disclose major events that could significantly impact its stock prices, including legal disputes, significant asset impairments, or changes in major shareholders [18][19]. - If a major event is anticipated, the company must disclose its status and any potential risks that could affect its progress [20][21].

Performance Forecast - The company expects a net profit of 50 million to 55 million yuan for the period from January 1, 2025, to June 30, 2025, compared to a loss of 56.511 million yuan in the same period last year, indicating a growth of 188.48% to 197.33% year-on-year [1] - The net profit after deducting non-recurring gains and losses is projected to be between 39.0976 million and 44.0976 million yuan, up from a loss of 59.4986 million yuan in the previous year, reflecting a growth of 165.71% to 174.12% [1] - The basic earnings per share are expected to be between 0.168 yuan and 0.184 yuan, compared to a loss of 0.190 yuan per share last year [1] Reasons for Performance Change - The increase in net profit is attributed to the steady growth in sales volume of specialty resin new materials, particularly driven by strong demand for wind turbine blade products due to the improving conditions in the wind power industry [2] - The company's enhanced profitability is also supported by cost control measures and other initiatives [2] - Additional income from equity investments, government subsidies, and dividends from associated companies contributed to the overall performance [2]

Investment - The article discusses various investment opportunities in new materials, semiconductors, and renewable energy sectors, highlighting the importance of understanding market trends and technological advancements [1][4]. Semiconductor - It covers a wide range of semiconductor materials and technologies, including photolithography, electronic specialty gases, and advanced packaging materials, emphasizing the growth potential in these areas [1][3]. - The article mentions the significance of third and fourth generation semiconductors, such as silicon carbide and gallium nitride, which are crucial for future electronic applications [1][3]. New Energy - The focus is on the advancements in lithium batteries, solid-state batteries, and hydrogen energy, indicating a shift towards sustainable energy solutions [1][3]. - It highlights the importance of materials like silicon-based anodes and composite current collectors in enhancing battery performance [1][3]. Photovoltaics - The article outlines the components of the photovoltaic industry, including solar glass, back sheets, and perovskite materials, which are essential for improving solar energy efficiency [1][3]. New Display Technologies - It discusses the evolution of display technologies such as OLED, MiniLED, and MicroLED, along with the materials used in these displays, indicating a trend towards higher resolution and energy-efficient screens [3]. Fibers and Composites - The article emphasizes the role of advanced fiber materials like carbon fiber and aramid fiber in various applications, including aerospace and automotive industries, showcasing their lightweight and high-strength properties [3]. New Materials - It covers a broad spectrum of new chemical materials, including adhesives, silicones, and engineering plastics, which are vital for various industrial applications [1][3]. - The article also mentions the significance of advanced ceramics and metal alloys in high-performance applications [1][3]. Notable Companies - The article lists key players in the industry, such as ASML, TSMC, and Tesla, highlighting their contributions to technological advancements and market leadership [1][4].

Meeting Information - The second extraordinary general meeting of shareholders for 2025 will be held on July 30, 2025, at 14:00 in the company's conference room located at 269 Liqun Road, Yaozhuang Town, Jiaxing City, Zhejiang Province [1][4] - The voting method will combine on-site voting and online voting through the Shanghai Stock Exchange's network voting system [1][4] Voting Procedures - Shareholders can vote via the Shanghai Stock Exchange network voting system, with specific time slots for voting on the day of the meeting [5] - Shareholders holding multiple accounts can aggregate their voting rights across all accounts, but repeated votes will be counted only once based on the first submission [5][6] Attendance Requirements - Shareholders registered by the close of trading on the equity registration date (July 24, 2025) are entitled to attend the meeting [7] - Both natural and legal person shareholders must provide specific identification and documentation to register for attendance [6][8] Agenda Items - The meeting will review and vote on various proposals that have been previously approved by the company's board and supervisory board [3] - Specific proposals will be detailed in the materials published on the Shanghai Stock Exchange's website prior to the meeting [3] Additional Information - Shareholders are responsible for their own travel and accommodation expenses related to attending the meeting [8] - Contact information for inquiries includes a phone number and email address for the company [8]

Core Viewpoint - The Shanghai Fengxian District government has released an action plan for the development of the general new materials industry from 2025 to 2027, focusing on expanding the industrial cluster in high-end adhesive, functional coatings, and high-performance resins [1] Group 1: Industry Development - The plan emphasizes the construction of a characteristic industrial park in the Hangzhou Bay Development Zone, enhancing cooperation with the Shanghai Chemical Zone [1] - Key enterprises such as Kangda New Materials, Jinlitai, and Baolijia are identified as the foundation for the industrial base [1] - The initiative aims to strengthen the industrial cluster in engineering plastics and polyurethane, with companies like Daehan Dowon and Niren Chemical as core players [1] Group 2: Targeted Sectors - The action plan highlights the development of high-performance carbon fibers and inorganic fibers, focusing on industrial comprehensive development zones and surrounding areas like Dongfang Meigu and Lingang [1] - The strategy includes nurturing potential enterprises such as Qijie Carbon and attracting high-end manufacturing companies in sectors like photovoltaics, batteries, automotive, medical devices, and aerospace [1]