Investment Rating - The report maintains an "Accumulate" rating for the basic chemical industry [5] Core Viewpoints - The supply of nitrogen trifluoride (NF₃) is expected to tighten due to incidents affecting major overseas suppliers, which may lead to an increase in market prices and a potential rise in market share for domestic manufacturers [2][4][25] - The global market for nitrogen trifluoride is projected to reach $1.783 billion in 2025, with a compound annual growth rate (CAGR) of 11.6% from 2025 to 2033 [25][27] Summary by Sections 1. Industry Overview - A fire at Kanto Denka Kogyo Co., a major supplier of NF₃, has resulted in a production halt for one of its lines, while Mitsui Chemicals has announced its exit from the NF₃ business [1][21][22] - Current domestic production capacity for NF₃ in China is approximately 31,800 tons/year, with planned expansions reaching 46,600 tons/year [2][25][26] 2. Market Dynamics - As of August 15, 2025, the average market price for NF₃ in China is around 80,000 yuan/ton, with expectations for price increases due to supply shortages [2][27] - The demand for NF₃ is anticipated to rise significantly, driven by growth in the semiconductor and display panel industries [25][27] 3. Key Companies to Watch - Companies with NF₃ or other electronic specialty gas products include China Shipbuilding Special Gas, Nanda Optoelectronics, and Huahua Technology [4][35] - In the context of increasing importance of domestic semiconductor supply chains, attention is also drawn to companies producing semiconductor materials beyond electronic specialty gases [4][35] 4. Price Trends - Recent price increases have been noted in various chemical products, with NF₃ expected to follow suit due to supply constraints [18][19][27] - The report highlights the performance of the basic chemical sector, with a notable increase in stock prices for key companies in the past week [9][15]

Core Viewpoint - The article discusses the application for a patent related to a method for the preparation and purification of hexafluorobutadiene by three companies, highlighting the advantages of the method in terms of cost and environmental impact [1][2]. Company Summaries - Zhonghua Lantian Electronic Materials (Hangzhou) Co., Ltd. was established in 2023, located in Hangzhou, with a registered capital of 150 million RMB. The company has invested in one enterprise, participated in two bidding projects, and holds 16 patents [1]. - Zhejiang Chemical Research Institute Co., Ltd. was founded in 1999, also in Hangzhou, with a registered capital of approximately 211.6 million RMB. The institute has invested in 10 enterprises, participated in 311 bidding projects, and holds 559 patents [2]. - Zhonghua Lantian Group Co., Ltd. was established in 2000, located in Hangzhou, with a registered capital of approximately 1.57 billion RMB. The group has invested in 22 enterprises, participated in 730 bidding projects, and holds 838 patents [2].