Chenhua Co., Ltd.: 2024 performance forecast

SZSIJan 18 00:00 · Announcements

Yangzhou Chenhua New Material (300610.SZ): Next year, the company will strive to ensure that the increase in products for non-wind power use can compensate for the decline in products for wind power use this year and achieve growth.

On December 18, Gelonghui reported that Yangzhou Chenhua New Material (300610.SZ) stated in its investor relations activity that the company remains bullish about the development prospects of polyether amine products, mainly due to the wide variety of polyether amine products and their extensive applications. However, currently, the demand for polyether amine products for wind power is weak overall in the wind power industry, with the new installed capacity of wind turbines being lower than expected for the year, coupled with the significant increase in new production capacity of polyether amine by domestic peers, resulting in intensified domestic competition and a substantial drop in product prices. Next year, the company will strive to ensure that the growth of non-wind power products can compensate for the decline in wind power products this year and achieve further growth; of course, there is also hope for improvement in the wind power sector next year.

Gelonghui FinanceDec 18, 2024 15:22

Express News | Yangzhou Chenhua New Material: The current production capacity of polyether amine is 0.031 million tons per year with a capacity utilization rate of around 50%.

BreakingsDec 14, 2024 20:25

Yangzhou Chenhua New Material (300610.SZ): The silicon Rubbers produced by the company are currently not used for robot skin.

On December 12, Gelonghui reported that Yangzhou Chenhua New Material (300610.SZ) stated on the investor interaction platform that the company's silicone rubbers can be divided into two categories: high-temperature silicone rubbers and room-temperature silicone rubbers. The traditional application areas of high-temperature silicone rubbers are mainly composite insulators, electrical utilities, etc.; emerging application fields are mainly in autos, high-speed rail, photovoltaic power stations, nuclear power, and other areas. In terms of room-temperature silicone rubbers, they are primarily used domestically in construction, autos, photovoltaics, and other fields. The silicone rubbers produced by the company are currently not used for Siasun Robot&Automation skin.

Gelonghui FinanceDec 12, 2024 15:15

Express News | Yangzhou Chenhua New Material: The wholly-owned subsidiary Huai'an Chenhua has obtained the project filing for the annual production expansion of 35,000 tons of alkyl glycosides.

BreakingsNov 27, 2024 17:27

Express News | Yangzhou Chenhua New Material: Wholly-owned subsidiary obtained the "Jiangsu Province Investment Project Filing Certificate".

BreakingsNov 27, 2024 17:17