Haohua Chemical Science & Technology Corp Ltd

Haohua Technology released its key operating data for the first half of 2026 on August 27, showing that average selling prices for several major products increased during the period. Among them, fluorocarbon chemicals rose 16.46% year on year, supported by quota effects as well as cost and demand factors. Driven by a tight supply-demand balance for core raw materials such as lithium hexafluorophosphate, low industry inventories, surging downstream demand from new energy vehicles and energy storage, and rising upstream costs including lithium fluoride, the average selling price of fluorinated lithium battery materials reached 29,900 yuan per tonne, up 63.49% year on year. Downstream rigid demand for fluoropolymers in lithium batteries, electronics, and anti-corrosion applications has been steadily expanding, while upstream raw material costs for fluorite and hydrofluoric acid have provided firm support, resulting in overall market conditions that were stronger than the same period in previous years.

Haohua Technology released its 2026 interim report, with total operating revenue of 9.69 billion yuan, up 24.87% year on year, and net profit attributable to the parent of 901 million yuan, up 39.78% year on year. Net cash inflow from operating activities was 1.234 billion yuan, a sharp increase of 366.17% year on year. The company's asset-liability ratio was 42.13%, gross margin was 24.53%, ROE was 4.82%, and diluted earnings per share was 0.70 yuan. The number of shareholders was 152,500, and the top ten shareholders held 67.97% of total share capital.

Haohua Technology released its semi-annual report for 2026, achieving operating revenue of 9.69 billion yuan, up 24.87% year on year. Net profit attributable to shareholders of the listed company was 901 million yuan, up 39.78% year on year. Among this, second-quarter net profit was 593 million yuan, while first-quarter net profit was 308 million yuan. Based on this calculation, second-quarter net profit rose 92% quarter on quarter.

Haohua Chemical Technology has disclosed the production capacity and business status of several products via the Hudongyi platform. The company's hexafluorobutadiene capacity is 1,000 tonnes per year, with the product suited for advanced manufacturing processes. Tungsten hexafluoride capacity stands at 600 tonnes per year, with product purity reaching 6N, primarily supplied to integrated circuit enterprises. PTFE capacity is 51,000 tonnes per year, and related products have established long-term stable partnerships with mainstream copper-clad laminate companies. In the refrigerant business, Haohua Chemical Technology is one of the earliest domestic enterprises to engage in the research and industrialization of ODS substitutes, and its subsidiary Sinochem Lantian has a total refrigerant scale of nearly 200,000 tonnes.