（记者 王晓波） 每经AI快讯，有投资者在投资者互动平台提问：请问晨化的业务是否同硅、磷化工及锂电池电解液有 关联？晨化不要止步不前，要争做一流公司。上市八周年了，该拿出点东西来鼓励一下士气、回报一下 股东了。 晨化股份（300610.SZ）12月18日在投资者互动平台表示：1.公司硅橡胶、阻燃剂业务与硅、磷化工行 业发展紧密相关；公司控股子公司晨化（福州）科技发展有限公司与大连疆大工业催化有限公司签订 《技术推广合作协议》，在电解液用碳酸酯溶剂新生产工艺和催化剂技术方面进行合作推广，如有重大 进展公司会及时披露。2.公司一直以来高度重视投资者回报，公司认为现金分红是上市公司回报投资者 的最直接、最有效路径之一。自上市以来，公司已累计实施9次现金分红，累计派发现金股利3.50亿 元，而公司上市的募集资金总额为2.64亿元；公司于2025年5月推出股票回购计划（本次回购的股份将 全部用于注销并减少注册资本）以向市场传递积极信号，以提振市场信心，截至2025年11月30日，公司 通过股份回购专用证券账户以集中竞价交易方式累计回购公司股份数量为2,046,500股，占公司总股本的 0.9518%；公司全资子公司淮安 ...

Group 1: Production Capacity and Products - The company has a total polyether production capacity of 19,000 tons, with the Baoying production base contributing 9,500 tons per year. The main raw materials include ethylene oxide, propylene oxide, and propylene alcohol, while the primary products are allyl polyether, polyether polyols, fatty alcohol polyethers, and end-capped polyethers, which are widely used in textiles, coatings, polyurethane, pesticides, biochemistry, and pharmaceuticals [2]. Group 2: Facility Upgrades and Safety - The Baoying production base has been operational since 1986, and significant upgrades costing nearly 50 million yuan were made starting in 2020 to comply with safety and environmental regulations. The newly constructed overhead pipe corridor is a comprehensive infrastructure that enhances safety, efficiency, economy, and environmental protection [2][3]. Group 3: Production and Market Demand - The alkyl glycoside production line is currently shipping products, indicating strong demand. The production capacity utilization rate for alkyl glycosides reached 100% last year, and production from January to September this year has slightly increased compared to the previous year [3]. Group 4: Future Projects and R&D - The Baoying production base is a key monitoring point for chemicals in Yangzhou and is not located in a chemical park. New projects must adhere to safety and environmental regulations. The R&D department is increasing investment and focusing on market changes to develop new products based on market and customer needs, with timely disclosures planned if standards are met [3].

Core Viewpoint - The company announced the addition of a new production capacity of 35,000 tons per year for alkyl glycosides, which will primarily be used in personal care, pesticides, firefighting, and industrial cleaning products [1] Company Summary - The company,晨化股份, is expanding its production capabilities with a new capacity of 35,000 tons per year for alkyl glycosides [1] - The new products will serve various sectors including personal care, agriculture, firefighting, and industrial cleaning [1]

Core Viewpoint - The company anticipates profit growth channels primarily through innovation and expansion of small variety polyether amine applications, as well as improving capacity utilization of polyether amine and polyether products [1] Group 1: Profit Growth Channels - The company expects to enhance profit growth by expanding the application fields of small variety polyether amines [1] - The annual production expansion project of 35,000 tons of alkyl glycosides is projected to generate additional revenue upon completion and production [1] - The expansion of flake and granular alkyl glycosides in the cosmetics sector is also expected to contribute to growth [1] Group 2: Industry Outlook - If the chemical industry fully recovers by 2026, the company's overall revenue is likely to increase correspondingly [1]

Core Viewpoint - The company anticipates significant profit growth channels by 2026 through innovation, expansion of product applications, and potential recovery in the chemical industry [1] Group 1: Profit Growth Channels - The company plans to enhance the capacity utilization of polyether amines and polyether products by innovating and expanding the application fields of small variety polyether amines [1] - The completion and production of the 35,000-ton alkyl glycoside expansion project will contribute to incremental growth [1] - The continuous expansion of flake and granular alkyl glycosides in the cosmetics sector is expected to drive revenue [1] - A full recovery in the chemical industry next year could lead to an overall increase in the company's earnings [1]

Group 1: Profit Growth Expectations - The main profit growth channels for 2026 are expected to be: 1) Innovation and expansion of small variety polyether amine applications to enhance capacity utilization; 2) The completion of the 35,000 tons/year alkyl glycoside expansion project, which could generate an additional revenue of 200-400 million CNY annually; 3) Overall revenue increase if the chemical industry fully recovers next year [2][3]. Group 2: Production Capacity and Sales - The new 35,000 tons/year alkyl glycoside project is expected to be completed by the end of this year, with a trial production announcement to follow; this project will take about 1-2 years to achieve a revenue increase of 200-400 million CNY annually [2][3]. - The new alkyl glycoside production capacity will primarily serve the daily chemical, pesticide, firefighting, and industrial cleaning sectors [3]. Group 3: Financial Management - The company has invested nearly 800 million CNY in financial products, all classified as R2 risk level, with returns exceeding expected annual yields [3]. - The company adheres to principles of standardized operations, risk prevention, cautious investment, and value preservation in its financial activities [3]. Group 4: Mergers and Acquisitions Strategy - The company maintains a consistent philosophy of growth and is actively pursuing mergers and acquisitions, focusing on fine chemical enterprises, bio-manufacturing companies, and electronic chemical production firms; strategic partnerships with promising industry newcomers are also considered [3].

Core Viewpoint - The company, Chenhua Co., announced the development of solid alkyl glycoside products and is focusing on promoting their use in the cosmetics sector [1] Group 1: Company Development - Chenhua Co. has a dedicated research and development team for alkyl glycosides consisting of 6 members [1] - The company has successfully transitioned its alkyl glycoside products from liquid to solid forms [1] Group 2: Product Applications - Alkyl glycosides are primarily used in various fields including daily chemicals, pesticides, firefighting, industrial cleaning, and cosmetics [1] - The company is intensifying efforts to promote the application of solid and granular alkyl glycosides in the cosmetics industry [1]

Core Viewpoint - The company emphasizes the importance of research and development (R&D) as a key driver for its growth, with a focus on various innovative projects aimed at enhancing product offerings and market applications [1] Current R&D Projects - The company is currently advancing several R&D projects, including: - Development of high-efficiency clean fire extinguishing agents (perfluoroketones) - New decolorization processes for alkyl glycosides - Continuous preparation methods for silicone oil - Development of anti-structural mixing silicone rubber - Low-odor flame retardants - Research on the emulsification stability of alkyl glycosides - Efficient catalysts for hydrophilic silicone oil modified by polyether - Improvement of biodegradability for phosphorus-containing wastewater - Control methods for ammonia water concentration from polyether amine by-products - Development of polyether for coarse-pore polyurethane [1] Future R&D Focus - The company plans to accelerate the R&D and industrialization of bio-based polyol products and bio-based degradable pressure-sensitive adhesives [1] - Additionally, the R&D department will enhance the promotion of existing products in new application areas, which is expected to yield annual benefits [1]

Core Viewpoint - The company reported a decline in sales for its polyether amine and flame retardant products compared to the same period last year, while other product categories showed varying performance [1] Group 1: Product Performance - Sales of polyether amine and flame retardant products decreased compared to the same period last year [1] - Sales of silicone oil and silicone rubber products experienced a slight increase [1] - Polyether and alkyl glycoside products saw a significant increase in sales compared to last year [1] Group 2: Production Capacity - The production capacity for polyether amine is 31,000 tons per year [1] - The production capacity for flame retardants is 34,800 tons per year [1] - The production capacity for silicone oil is 4,600 tons per year, and for silicone rubber, it is 8,500 tons per year [1] - The production capacity for polyether is 19,000 tons per year, and for alkyl glycosides, it is 35,000 tons per year [1]

Group 1: Project Development and Revenue Potential - The 35,000 tons/year alkyl glycoside project is expected to be completed by the end of 2025, with potential annual revenue increase of 200-400 million CNY after successful trial production [2] - The company has a dedicated R&D team of 6 members for alkyl glycoside products, which are primarily used in personal care, pesticides, firefighting, industrial cleaning, and cosmetics [2] Group 2: Raw Material Supply and Pricing Strategy - The company has a diversified supplier base for raw materials and closely monitors price fluctuations, maintaining safety stock based on industry trends and order conditions [3] - Price changes in raw materials are quickly passed on to downstream products, as most of the company's products are auxiliary agents [3] Group 3: Shareholder Activity and Stock Performance - The number of shareholders decreased from 15,100 on June 30 to 14,600 on October 20, indicating a concentration of shareholding, despite some major shareholders reducing their stakes [4] - No current directors or executives have sold shares since 2024, reflecting confidence in the company's future [4] Group 4: R&D Focus and Innovations - The company prioritizes R&D as a key driver for growth, with ongoing projects including the development of efficient fire extinguishing agents, new decolorization processes for alkyl glycosides, and various silicone and polyurethane innovations [5] - Future R&D will focus on bio-based polyols and biodegradable pressure-sensitive adhesives, alongside promoting existing products in new application areas [5] Group 5: Sales Performance and Capacity - Sales of polyether amines and flame retardants have declined compared to the previous year, with capacities of 31,000 tons/year and 34,800 tons/year respectively [6] - Sales of silicone and silicone rubber products have slightly increased, with capacities of 4,600 tons/year and 8,500 tons/year respectively; polyether and alkyl glycoside products have shown significant sales growth, with capacities of 19,000 tons/year and 35,000 tons/year respectively [6]