中触媒2月26日晚发布业绩快报。2025年，公司实现营业收入8.56亿元，同比增长28.37%；实现归母净 利润2.12亿元，同比增长45.55%。中触媒表示，影响经营业绩的主要因素为公司主要产品销量增加，高 毛利产品销售占比提高，部分原材料及能源成本有所下降。 公告显示，中触媒主要从事特种分子筛及催化新材料产品的研发、生产、销售及化工技术、化工工艺服 务等业务，应用领域包括环境保护、能源化工等多个行业。近年来，中触媒坚持自主研发与持续创新， 推出多种具备自主知识产权的产品，受到客户高度认可。 中触媒称，2025年，精细化工行业稳步复苏。公司紧抓市场机遇，持续推进研发创新，多项研发成果实 现工业化转化，进一步丰富了催化新材料产品线；钛硅系列催化剂(应用于己内酰胺、环氧丙烷等)成功 开拓新市场与新客户，销量实现显著增长。公司积极拓展市场，在尾气治理等环保领域的市场占有率稳 步提升，移动源脱硝分子筛等产品销量大幅增长，吡啶合成催化剂等精细化工产品亦呈现稳定增长态 势。(王珞) ...

Core Viewpoint - Zhong Chuangmei New Materials Co., Ltd. reported significant growth in revenue and net profit for the first three quarters of 2025, driven by strong sales of its titanium-silicon series catalysts and other products, alongside a proposed cash dividend to shareholders [1][2]. Financial Performance - For the first three quarters of 2025, the company achieved operating revenue of 671 million yuan, a year-on-year increase of 28.19% [1] - The net profit attributable to shareholders reached 173 million yuan, reflecting a year-on-year growth of 52.27% [1] - The net cash flow from operating activities was 292 million yuan, a substantial increase of 211.91% compared to the previous year [1] - In Q3 alone, the company reported operating revenue of 209 million yuan, up 64.72% year-on-year, and a net profit of 46.24 million yuan, which is a remarkable increase of 168.36% [1] Product and Market Development - Zhong Chuangmei specializes in the research, production, and sales of specialty molecular sieves and catalytic new materials, maintaining a focus on independent innovation and a robust product matrix [1] - The growth in performance is attributed to continuous technological innovation and market expansion, particularly through the development of high-efficiency new catalysts [1][2] Dividend Policy - The company plans to distribute a cash dividend of 3 yuan per 10 shares (before tax), totaling approximately 51.94 million yuan (before tax), marking its first mid-year dividend since going public [2] - This dividend proposal reflects the company's commitment to sharing growth with investors and signals stable operations and financial health [2][3]

Core Viewpoint - Zhongchumai New Materials Co., Ltd. reported strong financial performance in the first half of 2025, with significant growth in revenue and net profit, indicating a robust business model and market demand for its products [1][2]. Financial Performance - The company achieved operating revenue of 461 million yuan, a year-on-year increase of 16.46% [1] - Net profit attributable to shareholders reached 127 million yuan, up 31.52% year-on-year [1] - Net profit excluding non-recurring items was 123 million yuan, reflecting a 33.41% increase [1] - Net cash flow from operating activities was 155 million yuan, showing a remarkable growth of 318.73% [1] Business Operations - Zhongchumai specializes in the research, production, and sales of specialty molecular sieves and catalytic new materials, as well as chemical technology services [1] - The company has maintained a strong focus on R&D, with R&D expenses increasing by 11.43% compared to the same period last year [1] - As of the reporting period, the company and its wholly-owned subsidiaries have obtained a total of 241 authorized patents [1] Competitive Advantages - The company's competitive edge lies in its strong R&D capabilities, diverse product line, and high-quality customer service [2] - Continuous technological innovation and market expansion have driven the company's performance, particularly through the development of efficient new catalysts [2] Strategic Initiatives - Zhongchumai is advancing the industrialization of environmental new materials such as fixed-source denitration molecular sieves and ethylene glycol catalysts, leveraging its core technology platform [2] - The company aims to deepen strategic collaborations with global clients and partners to enhance market share and brand value [2] - Zhongchumai is focusing on the R&D of high-purity silicon-aluminum materials for strategic emerging fields like semiconductors and photovoltaics [2] Investment Projects - The company has completed trial production of its fundraising projects, including specialty molecular sieves and automotive exhaust purification catalysts, which have created synergistic effects [3] - The fundraising projects have enhanced the company's product matrix and service capabilities across the entire industry chain [3] Shareholder Activity - The controlling shareholder, Zhongchumai Group, has initiated a share buyback plan, expressing confidence in the company's long-term development [3] - As of August 6, the group has increased its holdings by 200,100 shares, with a total investment of approximately 49.95 million yuan [3]