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晶瑞电材(300655) - 300655晶瑞电材投资者关系管理信息20250428
CCEMCCEM(SZ:300655)2025-04-28 12:40

Company Overview - The company is a leading domestic electronic materials enterprise focused on semiconductor and new energy applications, with main products including high-purity wet electronic chemicals, photoresists, and lithium battery materials [1] - The company has achieved domestic technology leadership, maximum production capacity, and a leading market share in high-purity products, breaking the long-standing monopoly of international giants [2] Financial Performance - In 2024, the company achieved a revenue of 1.435 billion CNY, with a year-on-year growth of 10.44% [3] - The operating cash flow significantly increased to 261 million CNY, up 81.13% year-on-year [3] - In Q1 2025, the company reported a revenue of 369.946 million CNY, a year-on-year increase of 12.17%, and a net profit of 43.503 million CNY, up 582.15% [3] Product Performance - High-purity wet chemical products generated a revenue of 778.4496 million CNY in 2024, growing by 11.85% year-on-year [3] - Photoresist products achieved a revenue of 198.2517 million CNY, with a growth of 27.61% [3] - Lithium battery materials saw a revenue of 259.7453 million CNY, a decline of 5.28% [3] Market Position - The company has become the largest domestic supplier of high-purity hydrogen peroxide, with a market share exceeding 40%, significantly altering the market landscape previously dominated by international firms [2][11] - The company supplies over 20 major domestic semiconductor manufacturers, achieving full domestic substitution for its main products [2] Production Capacity and Efficiency - The company has established four production bases for high-purity sulfuric acid and hydrogen peroxide, with a total capacity exceeding 200,000 tons [2] - The scale effect from the production bases has begun to show, contributing to the increase in sales volume of high-purity sulfuric acid and hydrogen peroxide [5] Future Outlook - The company anticipates continued growth in high-purity hydrogen peroxide sales due to industry recovery and accelerated domestic substitution [11] - The introduction of new products, such as high-purity isopropanol, is expected to positively impact the company's performance [9]