HONGBAOLI(SZ:002165)2025-07-13 23:54Group 1: Company Overview - The company has a production capacity of 190,000 tons for rigid polyurethane polyether, primarily used in refrigerators and refrigerated containers [1] - The pricing model for polyether products is based on binding raw material costs plus service fees, with a focus on cost reduction through technological innovation and lean production [1] - A technical transformation project for 40,000 tons of polyether was successfully trial-produced in the first half of the year, with plans for ongoing R&D to develop high-value-added polyether products [1] Group 2: Isopropanolamine Production - The company produces a full range of isopropanolamine products, including mono-, di-, and tri-isopropanolamine, with applications in surfactants, agricultural intermediates, and cement additives [2] - Continuous technological innovation and refined internal management are employed to enhance product competitiveness [2] Group 3: Epoxy Propane Industry - The domestic epoxy propane industry has seen rapid capacity expansion due to the elimination of outdated processes and the launch of integrated refining projects, leading to increased competition and lower prices [2] - The company is constructing a technical transformation project for epoxy propane at its Taixing base, aiming to increase capacity to 160,000 tons while improving operational efficiency [2] - The company utilizes a self-developed isopropylbenzene method for epoxy propane production, which offers advantages in safety, environmental protection, and quality [2] Group 4: Future Outlook - The company is focusing on technical upgrades at the epoxy propane base and aims to strengthen its core business while actively developing new products through technological innovation [2]