鼎际得成立于2004年5月12日，于2022年8月18日在上海证券交易所上市，注册地址和办公地址均为辽宁省 营口市。它是国内少数同时具备高分子材料高效能催化剂和化学助剂产品的专业提供商，技术实力突出， 具有较强投资价值。 A股股东户数较上期减少13.15% 截至2025年9月30日，鼎际得A股股东户数为5778，较上期减少13.15%；户均持有流通A股数量为1.05万， 较上期增加15.14%。十大流通股东中，国泰江源优势精选灵活配置混合A（005730）持股148.08万股，国 泰致远优势混合（009474）持股95.25万股，均为新进股东；诺安新经济股票（000971）退出十大流通股东 之列。 公司属于基础化工-化学制品-其他化学制品申万行业，涉及专精特新、小盘、新材料核聚变、超导概念、 核电等概念板块。是国内少数同时具备高分子材料高效能催化剂和化学助剂产品的专业提供商，形成了聚 烯烃高效能催化剂和化学助剂的研产销一体业务体系，提供专业化、定制化产品。 经营业绩：营收行业47/79，净利润行业56/79 2025年三季度，鼎际得营业收入6.36亿元，行业排名47/79，远低于行业第一名中化国际的357.1 ...

Group 1 - The core viewpoint of the news is that Dingjide has seen a stock price increase of 5.01%, reaching 38.60 CNY per share, with a trading volume of 1.08 billion CNY and a turnover rate of 4.71%, resulting in a total market capitalization of 5.196 billion CNY [1] - Dingjide, established on May 12, 2004, and listed on August 18, 2022, is a specialized provider of high-performance catalysts and chemical additives, focusing on the research, production, and sales of polyolefin catalysts and chemical additives [1] - The company's main business revenue composition includes antioxidant single agents at 47.80%, composite additives at 34.66%, catalysts at 13.80%, and others at 3.74% [1] Group 2 - From the perspective of Dingjide's top circulating shareholders, Noan Fund has entered the top ten circulating shareholders with its Noan New Economy Stock Fund (000971), holding 395,700 shares, which accounts for 0.65% of the circulating shares [2] - The Noan New Economy Stock Fund has achieved a year-to-date return of 19.87% and a one-year return of 28.92%, ranking 2691 out of 4220 and 3060 out of 3820 in its category, respectively [2] Group 3 - The fund manager of Noan New Economy Stock Fund is Yang Kun, who has a cumulative tenure of 11 years and 114 days, with the fund's total asset size at 1.326 billion CNY [3] - During Yang Kun's tenure, the best fund return was 137.33%, while the worst return was -19.36% [3]

Investment Rating - The investment rating for the company is "Buy" and is maintained [9]. Core Views - The company reported a revenue of 438 million yuan for the first half of 2025, representing a year-on-year increase of 19.03%. However, the net profit attributable to shareholders decreased by 20.52% to 4 million yuan, and the net profit excluding non-recurring items fell by 31.06% to 3 million yuan [2][6]. - In Q2 2025, the company achieved a revenue of 239 million yuan, which is a 28.63% year-on-year increase and a 19.71% quarter-on-quarter increase. The net profit attributable to shareholders surged by 583.76% year-on-year to 8 million yuan, with a quarter-on-quarter increase of 325.40%. The net profit excluding non-recurring items also saw a significant rise of 643.02% year-on-year to 8 million yuan, with a quarter-on-quarter increase of 255.31% [2][6]. Summary by Sections Event Description - The company is on the verge of launching its POE project, which is expected to significantly boost its performance. The first phase of the project includes the construction of a 200,000 tons/year POE facility and a 300,000 tons/year ethylene to alpha-olefins facility, with a total investment of 5.6 billion yuan. The project is anticipated to commence production by September 30, 2025 [12][12]. - The domestic consumption of POE is projected to be 910,000 tons in 2024, all of which is currently imported, indicating a substantial opportunity for domestic production [12]. Financial Performance - The company forecasts net profits attributable to shareholders of 70 million yuan, 549 million yuan, and 614 million yuan for 2025, 2026, and 2027 respectively. The corresponding price-to-earnings ratios based on the closing price on August 29, 2025, are projected to be 67.0 times, 8.6 times, and 7.7 times [12][12].