格隆汇12月10日｜有投资者在互动平台向华特气体提问：中日关系对中国产业链自主化进程影响很大， 那么在特气领域，华特气体在国产替代能力能否承接这种结构信号性变化？或者说，高端气体是否面临 卡脖子风险？华特气体能补多少短板？ 华特气体回复称，公司已有55款电子特气产品可实现进口替 代；尽管近年来国内企业有所发展，但截至2024年，海外气体巨头依然占据国内特气市场的主导地位， 公司在国内的市场份额占比不到5%；公司将重点针对集成电路、新能源、医疗大健康等领域的关键气 体产品展开研发，加速推进高端电子特气产品的成果转化及认证进程，提升产品的市场竞争力和占有 率，同时积极开拓更多细分市场，通过深入挖掘市场需求，精准定位目标客户群体，与客户建立起长 期、稳固且互利共赢的供应合作关系。 ...

Core Viewpoint - The company has demonstrated steady growth in its financial performance, with significant advancements in its electronic specialty gas strategic transformation and hydrogen energy initiatives [1][2] Financial Performance - In the first half of 2025, the company achieved operating revenue of 806 million yuan, representing a year-on-year increase of 4.36% [1] - The net profit attributable to shareholders was 49.17 million yuan, reflecting a year-on-year growth of 12.43% [1] Strategic Developments - The company's electronic specialty gas strategic transformation has shown significant results, with all planned products in the Qianjiang electronic specialty gas industrial park completed and high-purity hydrogen and carbon monoxide entering mass production [1] - The Yichang electronic specialty gas and functional materials industrial park has seven products, including electronic-grade silane and nitrogen trifluoride, entering trial production, aiming for full production in the second half of the year [1] Hydrogen Energy Initiatives - The Qianjiang project, with an annual production capacity of 320 million cubic meters of hydrogen, is ramping up production to supply ultra-pure hydrogen products for fuel cells and chip manufacturing, establishing a competitive advantage in the hydrogen energy sector [1] - The company's tail gas recovery business has achieved technological implementation in the optical fiber and semiconductor fields, creating a resource recycling model with good environmental and economic benefits [1] Product Portfolio and Market Position - The company has developed a product system comprising five series of electronic specialty gases: silicon-based, fluorine-based, ammonia-based, chlorine-based, and carbon-based, which are widely used in integrated circuits, display panels, LEDs, and solar cells [2] - The two industrial parks leverage resource utilization, scalability, and circular economy advantages, significantly enhancing product competitiveness [2] - The company's strategic location in Central China, near the Yangtze River, allows for convenient service to major economic regions, positioning it well to meet the growing domestic demand for electronic specialty gas [2]

Core Viewpoint - The article highlights the achievements of Lianhong New Materials Technology Co., Ltd. in the high-end materials sector, emphasizing its role in domestic production and innovation within the Shandong industrial chain [3][9]. Company Overview - Lianhong New Materials was established in 2010 and has made significant strides in the high-end materials market, particularly in photovoltaic materials [5]. - The company has successfully broken the monopoly on EVA photovoltaic film materials in 2014, leading to a significant upward trend in its performance [5][7]. Technological Innovations - Lianhong New Materials employs a dual innovation strategy of "independence + collaboration" to enhance its industrial capabilities [9]. - The company has developed proprietary technologies, such as continuous processing methods for ultra-high molecular weight polyethylene, which have been certified by leading battery manufacturers [7][9]. - A recent breakthrough in addressing equipment scaling issues resulted in a 20% increase in production and a 20% reduction in energy consumption [7]. Market Position and Future Plans - By 2025, Lianhong New Materials aims to consolidate its four major business segments and over ten product lines into a cohesive industrial cluster [5]. - The company is positioned to support the transformation of Shandong's industrial landscape, particularly in the context of the "ten strong industries" upgrade wave [7]. Contribution to the Industry - Lianhong New Materials is recognized as a key player in the domestic high-end materials market, contributing to the localization of critical materials and technologies [9]. - The company’s innovations are expected to strengthen the resilience of the Shandong industrial chain, particularly in the fields of electronic-grade chemicals and biodegradable materials [9].