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Company Column
Guangzhou Tinci Materials Technology Co., Ltd. announced on March 25th that it achieved a revenue of 15.405 billion RMB in 2023, a year-on-year decrease of 30.97%; The net profit attributable to shareholders of the listed company was 1.891 billion RMB, a year-on-year decrease of 66.92%.
Dongyue Group Limited, on March 27, achieved a revenue of approximately 14.493 billion RMB in 2023, a decrease of 27.63% compared to the same period last year; The gross profit margin has decreased to 16.81%, and the owner of the company should account for a profit of 708 million RMB for the year, a decrease of 81.64% compared to the same period last year.
On March 24th, Tonze New Energy Technology Co., Ltd. released its annual report for 2023, which showed a revenue of 2.193 billion RMB in 2023, a year-on-year decrease of 33.03%; The net profit was 36.6409 million RMB, a year-on-year decrease of 93.04%.
Jiangsu Yongchuang Pharmaceutical Technology Co.,Ltd.， According to the annual performance report released, the company achieved a revenue of 303 million RMB in 2023, a year-on-year increase of 8.90%, and a net profit attributable to listed shareholders of 56.1243 million RMB, a year-on-year increase of 3.84%.
Lecron Industrial Development Group Co., Ltd., Guangzhou Tinci Materials Technology Co., Ltd. rose the daily limit, Guangzhou Tinci Materials Technology Co., Ltd. rose more than 7%, Zhejiang Juhua Co., Ltd., Haohua Chemical Science&Technology Corp., Ltd., Dongyue Group Limited, and Zhejiang Yonghe Refrigerant Co., Ltd. rose more than 5%. On March 26th, fluorine concept stocks fluctuated higher during the trading session.
Inner Mongolia YiLi Chemical Industry Limited Company has a total investment of 138 million RMB in a 30000 ton/year trichloroethylene and 375 ton/year hydrogen purification project. The project is currently delayed in production.
On March 19th, Fujian Qingliu Dongying Chemical IND. Co., Ltd. announced a 6000 ton/year lithium hexafluorophosphate and 100 ton/year high-purity phosphorus pentafluoride project with a total investment of 230 million RMB. The project is located in Dalukou Village, Longjin Town, Qingliu County, Sanming City, Fujian Province.
Fujian Huayang New Material Co., Ltd., on February 3rd, issued a safety acceptance report for the 160000 ton/year methane chloride technology renovation project for the comprehensive utilization of high salt wastewater. The total investment is 3551.9 million RMB and it is planned to be built in the Western Chemical Zone of Jiangyin Port City Economic Zone in Fuqing, Fuzhou.
China Kings Resources Group Co., Ltd. announced on January 16 that it plans to acquire 67% of the mining rights and other assets under the name of Minglida Company in Mongolia for 134 million RMB, and plans to produce 1.5 million tons of fluorite by 2025.
A patent of Yudu Xingfa Chemical Company Limited has been disclosed: a purification method for lithium difluorosulfonate and a lithium-ion battery, with publication number CN117699749A.
Yunnan Yundianhua Co., Ltd. stated on an investor interaction platform on March 21 that the fluorosilicic acid process, a by-product of phosphate fertilizer, has a relative cost advantage over the fluorite method.
On March 25th, Hubei Funolin New Material Co., Ltd. filed for the technical renovation project of vinylidene fluoride polymer (for semiconductor use).
On March 26th, Hubei Funolin New Material Co., Ltd. announced the environmental impact assessment of the vinylidene fluoride polymer technology renovation project (for semiconductor use), with a planned investment of 80 million RMB.
On March 26th, Zhejiang Fluorine Chemical New Material Co., Ltd. announced the environmental impact assessment of the innovative transformation and industrialization project of high-performance polytetrafluoroethylene resin, with a planned investment of 680 million RMB.
On March 26th, Zhejiang Fluorine Chemical New Material Co., Ltd. announced the environmental impact assessment of its 5000 ton/year fluororubber production line project, with a planned total investment of 350 million RMB.
On December 1st, Guangzhou Gas Co., Ltd. plans to construct a Guanggang Electronic Special Gas Project with an annual production capacity of 300 tons of electronic grade hydrogen bromide, 1438 tons of high-purity hydrogen gas, 35.71 tons of high-purity helium gas, and 20000 bottles of mixed alkane gas. The total investment amount is approximately 390 million RMB, and the project location is within the Hefei Economic and Technological Development Zone.
On March 28th, Jiangsu Hankang Electronic Material Co., Ltd. announced the environmental impact assessment of seven product technical renovation and expansion projects, including lithium difluorooxalate borate, lithium difluorooxalate phosphate, and tri (trimethylsilyl) phosphate. The project construction site is the existing factory area of the chemical area in Huai'an Industrial Park.
Do Fluoride New Materials Co., Ltd., on March 28, the annual production of 30000 tons of ultra clean high-purity electronic grade hydrofluoric acid project was postponed to April 30, 2025, and the annual production of 30000 tons of ultra clean high-purity wet electronic chemical project was postponed to April 30, 2025.
Haohua Chemical Science&Technology Corp., Ltd. announced on March 27th that the merger and reorganization review committee of the Shanghai Stock Exchange has approved the issuance of shares by Haohua Technology to purchase assets and raise supporting funds, as well as related party transactions.
Policy column
On March 18th, the Council of the European Union passed the Critical Raw Materials Act.
The Ministry of Emergency Management regulates hazardous chemicals and issues the Guidelines for Safety Risk and Hidden Danger Investigation in Fluoride Enterprises.
