Group 1 - The company held a performance briefing for the fiscal year 2024 and the first quarter of 2025 on May 20, 2025, via a video and interactive format [1] - In 2024, the company achieved an operating income of 13.966 billion yuan and a net profit of 1.105 billion yuan, ranking among the top in the fluorochemical industry [1][2] - For the first quarter of 2025, the company reported an operating income of 3.157 billion yuan, a year-on-year increase of 10.96%, and a net profit of 214 million yuan, up 21.65% year-on-year [2] Group 2 - The company emphasizes technological innovation as a key driver for future profit growth, supported by a strong R&D foundation and a network of national-level research institutes [2][3] - The chemical industry is expected to recover and maintain moderate growth, driven by improved supply-demand dynamics, policy support, and technological advancements [3][4] - The company has a strong position in high-end fluorochemicals, advanced manufacturing chemical materials, electronic chemicals, and engineering technical services, with significant research and transformation capabilities [4] Group 3 - The company is actively managing its market value and has established a value management system to enhance investor confidence and reflect the company's true value [5] - The average sales price of fluorocarbon chemicals in the first quarter of 2025 was 42,800 yuan per ton, with a quarter-on-quarter increase of 40.05% and a year-on-year increase of 49.27% [6] - The subsidiary, Zhonghua Lantian, achieved an operating income of 666.022 million yuan and a net profit of 45.561 million yuan in 2024, exceeding its annual performance commitments [6]

昊华科技 20250508 摘要 昊华科技未来的发展计划是什么？ 昊华科技将继续聚焦于 3+1 核心业务，即高端氟材料、电子化学品、高端制造 化工材料以及碳减排板块。在高端制造方面，公司将重点发展航空航天应用， 并依托西北院及海化院等研究机构增强核心竞争力。此外，高端制造板块中的 航空航材表现优异，将成为公司未来利润的重要来源。在碳减排方面，公司将 • 中化蓝天氟化工板块冰火两重天，制冷剂产品价格高位对利润增长贡献显 著，但 PTFE、含氟橡胶及 PVDF 等产品竞争加剧，锂电材料业务亦出现 亏损，拉低整体利润水平。公司拥有完整产业链和丰富产品结构，总体抗 风险能力和盈利能力较强。 • 昊华科技聚焦 3+1 核心业务，高端制造重点发展航空航天应用，航空航材 表现优异，将成为未来利润重要来源。碳减排业务保持良好态势，通过优 化产品结构与提升技术创新能力，实现稳健增长。 • 2025 年第一季度，普碳化学品收入约 9 亿人民币，制冷剂收入约 6 亿人 民币。制冷剂业务毛利率接近 95%，占蓝天公司收入比重约 47%，一季 度平均毛利率为 43.4%，比去年四季度提升 16 个百分点。 • 锂电材料和氟聚合物业务在 ...