LZCIC(600423)2024-08-21 07:37Financial Performance - In the first half of 2024, Liu Chemical achieved operating revenue of 77.48 million yuan, a year-on-year increase of 37.70% [1] - Net profit reached 15.65 million yuan, reflecting a significant year-on-year growth of 601.21% [1] - The increase in performance is attributed to rising market demand and product price hikes, alongside effective cost control measures [4] Production Capacity and Product Lines - The company completed the technical upgrade project for the 60,000 tons/year hydrogen peroxide production facility, which contributed to increased output [4] - Production of 27.5% hydrogen peroxide increased by 40% to 78,000 tons, while 50% hydrogen peroxide production also commenced [5] - The company is developing a new product line for electronic-grade hydrogen peroxide, with a capacity of 20,000 tons, to enhance product structure [4] Market Strategy and Competition - The main revenue sources in the first half of 2024 were from 27.5% and 50% hydrogen peroxide [4] - The company is addressing industry competition by diversifying its product offerings and entering new market segments [4] Investor Relations and Communication - The investor relations activity was held on August 20, 2024, at the Shanghai Stock Exchange, featuring online interaction with investors [1] - The company encourages ongoing communication with investors through various channels, including online platforms and direct inquiries [5]