转自：唐山发布 做大做强县域特色产业 "一粒盐"的升级蝶变 ——探访曹妃甸南堡经济开发区 唐山劳动日报记者 景立华 初冬的渤海湾，海风掠过曹妃甸南堡经济开发区的万亩盐田。在三友集团电池级碳酸钠项目的智能包装车间里，AGV电动叉车机器人穿梭其 间，将电池级碳酸钠成品精准运抵立体仓库；数智大屏上，生产数据实时跳动，像产业蓬勃的脉搏；超洁净分析室内，技术员手中的精密仪器 显示产品纯度稳稳定格在99.9%——这幅充满科技感的繁忙图景，正是这片土地上海洋化工产业生机勃发的缩影。 从昔日的盐碱荒滩到如今的原盐、纯碱、PVC、有机硅、三氯氢硅等产品，销往全国各地，出口世界120个国家和地区；从单一制盐到全产业 链集群发展，曹妃甸南堡经济开发区如何让"一粒盐"蝶变成新能源、新材料领域的"香饽饽"，进而形成盐化工产业集群？循着产业发展的脉 络，答案藏在龙头引领、技术突破与绿色转型的实践里。 图为河北南堡盐场有限公司的工人正在操作扒盐机。唐山劳动日报 杜雯拓 摄 龙头领航： 三友集团扛起"盐化工"大旗 "这瓶白色粉末，是制造钠离子电池正极的重要材料，标志着我们成功实现了从基础化工材料向高端储能电池材料的转型。"三友集团纯碱公司 ...

Core Viewpoint - Sanyou Chemical is accelerating its "three transformations" strategy, with significant progress in key projects under the "three chains and one group" initiative, including the trial production of high-end electronic chemicals and other projects [2] Group 1: Project Developments - The high-end electronic chemicals project has successfully entered the trial production phase for five electronic-grade products [2] - The fine chemicals phase one project is preparing for trial production after system linkage testing [2] - The battery-grade sodium carbonate project is steadily advancing with system condition optimization during trial production [2] - The first phase of the seawater desalination and concentrated seawater project has completed civil construction and is currently in the equipment installation phase [2]

Core Viewpoint - Sanyou Group is accelerating its "three transformations" strategy, with significant progress in key projects, including high-end electronic chemicals and fine chemicals, which are expected to contribute over 70% to the new industry segment upon full production [1] Group 1: Project Progress - The high-end electronic chemicals project has five electronic-grade products that have entered the trial production phase [1] - The fine chemicals phase one project is undergoing system linkage testing and is preparing for trial production [1] - The battery-grade sodium carbonate project is in trial production and is steadily optimizing system conditions [1] - The first phase of the seawater desalination and concentrated seawater project has completed civil construction and is currently installing equipment [1]

Core Viewpoint - The company identifies the main technical barrier for battery-grade sodium carbonate as the removal of magnetic foreign objects and impurities [1] Group 1: Company Developments - The company has begun supplying battery-grade sodium carbonate to several large domestic manufacturers of sodium battery cathode materials or is conducting product testing with them [1]

Group 1 - The core point of the article is that Shuanghuan Technology (000707) has commenced production of battery-grade sodium carbonate and has started supplying products to customers [1] Group 2 - The production facility for battery-grade sodium carbonate has been successfully launched [1] - The company is actively engaging with investors through interactive platforms to provide updates on its operations [1]

Core Viewpoint - The company has commenced production of battery-grade sodium carbonate and has started supplying products to customers [1] Group 1 - The production facility for battery-grade sodium carbonate has been put into operation [1] - The company is actively supplying its products to clients [1]

Core Points - The company, Shuanghuan Technology, has successfully launched its production facility for battery-grade sodium carbonate and has begun supplying products to customers [1] - The company claims to have developed a battery-grade sodium carbonate product with a purity exceeding 99.5%, utilizing its abundant sodium chloride resource reserves and strong R&D capabilities [3] - Shuanghuan Technology has established the first production line in the country that converts sodium bicarbonate into battery-grade sodium carbonate, filling a domestic gap in this market [3]

Core Viewpoint - The company has commenced production of battery-grade sodium carbonate and has started supplying products to customers [1] Group 1 - The production facility for battery-grade sodium carbonate has been put into operation [1] - The company is actively supplying its products to clients [1]

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for future investment returns [4][6]. Core Insights - The company reported a significant decline in performance for Q3 2025, with a 12% year-on-year decrease in revenue and a 69% drop in net profit attributable to shareholders [1][4]. - The company is actively pursuing the establishment of a joint venture to develop a sodium battery industry project, which is expected to enhance its product offerings and market position [3][4]. Summary by Sections Financial Performance - For the first three quarters of 2025, the company achieved a revenue of 141.64 billion yuan, down 12% year-on-year, and a net profit of 1.22 billion yuan, down 69% year-on-year. In Q3 alone, revenue was 46.02 billion yuan, a decrease of 13.5% year-on-year and 4% quarter-on-quarter, with a net profit of 0.48 billion yuan, down 28% year-on-year and 48% quarter-on-quarter [1][2]. Market Conditions - The company's main product sector, soda ash, is facing challenges due to oversupply and insufficient demand, leading to a decline in profitability. The average selling prices for key products in Q3 2025 were 1,100 yuan/ton for soda ash (down 32% year-on-year), 12,200 yuan/ton for viscose staple fiber (down 3% year-on-year), 2,671 yuan/ton for caustic soda (down 1% year-on-year), and 4,473 yuan/ton for PVC (down 13% year-on-year) [2]. Strategic Initiatives - The company is advancing its "Three Chains and One Cluster" project, focusing on high-end electronic chemicals and fine chemicals. It is also working on a seawater desalination project and a battery-grade sodium carbonate project, which is currently in trial production [3]. - A joint venture is planned with a total investment of 2.7 billion yuan to develop a sodium battery materials and systems integration project, with the company holding a 37.04% stake. The first phase of the project is expected to generate an annual revenue of 1.08 billion yuan and a profit of 167 million yuan upon reaching full capacity [3]. Profit Forecast and Valuation - The report has revised the profit forecasts for 2025-2027, projecting net profits of 182 million yuan (down 73%), 368 million yuan (down 57%), and 495 million yuan (down 59%) respectively. The expected earnings per share (EPS) for these years are 0.09 yuan, 0.18 yuan, and 0.24 yuan [4][5].

Core Viewpoint - The company Sanyou Chemical (600409) is making steady progress on its key projects under the "three chains and one group" initiative, with various projects advancing as planned [1] Group 1: Project Progress - The high-end electronic chemicals project has five electronic-grade products currently in trial production [1] - The first phase of the fine chemicals project has completed equipment single-unit debugging [1] - The civil construction for the seawater desalination and concentrated seawater project (Phase 1) is over halfway completed [1] - The trial production of the 100,000-ton battery-grade sodium carbonate project is ongoing, with systematic operational optimization being steadily advanced [1]