Core Viewpoint - The company, China Shipbuilding Special Gas Co., Ltd. (中船特气), reported significant revenue growth for the fiscal year 2024, driven by increased demand in the semiconductor and LCD industries, product diversification, and expansion into domestic and international markets [1][2]. Financial Performance - In 2024, the company achieved a revenue of 1.929 billion yuan, a year-on-year increase of 19.33%, with electronic specialty gases revenue growing by 14.07% and trifluoromethanesulfonic acid series products revenue surging by 106.30% [1][2]. - For the first quarter of 2025, the company reported a revenue of 516 million yuan, reflecting a year-on-year growth of 17.08% [1]. Growth Drivers - Revenue growth in 2024 was attributed to three main factors: recovery in the semiconductor and LCD sectors leading to increased sales volume, expansion of product categories with over 90 products now available, and enhanced market outreach with a significant increase in delivery volumes for 25 products [2]. - The trifluoromethanesulfonic acid series products achieved sales revenue exceeding 200 million yuan, marking a doubling in sales [2]. Technological Innovation - The company made notable advancements in technology, overcoming challenges in six key areas, including electronic specialty gas adsorption distillation technology and isotopic analysis technology, resulting in the development of 27 new products [2][3]. - The company has been actively involved in national technology innovation tasks and has collaborated with various institutions to enhance the electronic specialty gas innovation ecosystem [3]. Research and Development - Research and development (R&D) investment reached 168 million yuan in 2024, an increase of 4.64% from the previous year, representing 8.72% of total revenue [3]. - The company has accumulated 318 authorized patents by the end of 2024, reflecting its commitment to innovation [3].

Core Viewpoint - The company is expanding its production capacity and optimizing its market strategy to enhance competitiveness in the electronic specialty gas market while addressing challenges related to pricing and profitability [2][3]. Group 1: Production Capacity Expansion - In February 2024, the company established a new subsidiary, China Shipbuilding Precision Gas (Hohhot) Co., Ltd., which will invest in a high-purity electronic gas project with an annual production capacity of 7,500 tons of nitrogen trifluoride, 10,000 tons of ultra-pure ammonia, and 75,000 tons of liquid nitrogen [2]. - The Hohhot facility is expected to begin trial production in January 2025, with capacity gradually released based on market demand [2]. - The Hohhot subsidiary has advantages in land and electricity resources compared to the Handan production base, which will positively impact production costs as capacity is released [2]. Group 2: Market Strategy and Customer Focus - The company emphasizes that product pricing is not the only priority in transactions; customers are more concerned with quality stability, supply capability, and service response speed [2]. - A specialized division has been established to enhance competitiveness in the electronic bulk gas market through differentiated competition and resource integration [2]. Group 3: International Market Expansion - By 2024, the company aims for overseas revenue to account for 25% of total income, leveraging service centers in Japan and South Korea and an innovative "equipment sales + revenue sharing" model to expand its international market share [2]. - The company plans to continue diversifying its operations to enhance its presence in international markets [2]. Group 4: Financial Performance and Product Development - The company reported revenue growth for 2024 but a decline in profits, primarily due to falling prices of nitrogen trifluoride and other products, which are currently at low levels [3]. - The company anticipates a stabilization of prices in the second half of the year or next year, with a potential recovery in gross margin by 2025 as production capacity from the Hohhot base is released and production processes are optimized [3]. - The new product line, trifluoromethanesulfonic acid series, is expected to achieve sales revenue exceeding 200 million yuan in 2024, representing a year-on-year growth of 106.3%, driven by demand in the new energy and energy storage markets [3].

中船特气公告，2025年一季度，三氟甲磺酸系列产品新签订单金额同比增长142.42%，其中有机硅行业 新增客户数量涨幅最大，涨幅为30%。 ...

股票简称：中船特气 股票代码：688146 中船（邯郸）派瑞特种气体股份有限公司 Peric Special Gases Co., Ltd. （河北省邯郸市肥乡区化工工业聚集区纬五路1号） 首次公开发行股票科创板上市公告书 保荐人（主承销商） （北京市朝阳区安立路66号4号楼） 联席主承销商 （广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座） 二〇二三年四月二十日 中船（邯郸）派瑞特种气体股份有限公司 上市公告书 特别提示 中船（邯郸）派瑞特种气体股份有限公司（以下简称"中船特气""发行 人""本公司"或"公司"）股票将于 2023 年 4 月 21 日在上海证券交易所科 创板上市。本公司提醒投资者应充分了解股票市场风险及本公司披露的风险因 素，在新股上市初期切忌盲目跟风"炒新"，应当审慎决策、理性投资。 （三）本公司提醒广大投资者认真阅读刊载于上海证券交易所网站 （http://www.sse.com.cn/）的本公司招股说明书"风险因素"章节的内容，注意 风险，审慎决策，理性投资； （四）本公司提醒广大投资者注意，凡本上市公告书未涉及的有关内容， 请投资者查阅本公司招股说明书全文。 如无特别说 ...