（编辑 任世碧） 证券日报网讯 巍华新材9月10日在互动平台回答投资者提问时表示，公司子公司方华化学募投项目主要 为三氟甲基吡啶、三氟甲基苯等系列中间体产品，下游主要应用于农药领域，公司会根据下游市场需求 的情况合理规划募投项目的建设进度。公司于2025年8月2日发布《关于签署股权收购意向协议的提示性 公告》，拟通过公司或公司指定的子公司以现金方式收购江苏禾裕泰化学有限公司控股权，具体可以查 阅相关公告。公司希望内生发展通过方华化学进一步拓展现有产品的价值，同时也希望通过并购等外延 方式向下游领域延伸，以期打通产业链，发挥一体化成本优势，构建竞争壁垒。 ...

Core Viewpoint - Wihua New Materials (603310) reported a significant decline in both revenue and net profit for the first half of 2025, indicating challenges in the agricultural chemical sector and increased market competition [1] Financial Performance - The company achieved an operating income of 437 million yuan, a year-on-year decrease of 30.71% [1] - The net profit attributable to shareholders was 83.15 million yuan, down 52.91% year-on-year [1] - Basic earnings per share were reported at 0.24 yuan [1] Industry Challenges - The decline in sales volume and prices of the company's main products was influenced by reduced demand from the downstream agricultural chemical industry [1] - Increased supply from competitors in the niche market has intensified competition, significantly squeezing the company's revenue potential [1] - The subsidiary Fanghua's project on trifluoromethyl pyridine is still in the trial production phase, leading to high startup costs [1]