Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for future performance [4][6]. Core Insights - The company is expected to achieve a net profit attributable to shareholders of between 16 million to 20 million yuan in 2025, marking a turnaround from previous losses [1]. - The recovery in demand for pesticide intermediates has significantly improved the company's performance, particularly through the operational improvements at its subsidiary, Fujian Gaobao, which has reduced its losses substantially [2]. - The company plans to raise 186 million yuan through a private placement to expand its production capacity in the new materials sector, specifically for BPEF and BPF products, which are widely used in various high-tech applications [3]. Summary by Sections Financial Forecasts - The company’s projected net profits for 2025, 2026, and 2027 are 18 million, 75 million, and 110 million yuan respectively, with a notable increase in revenue expected [4][5]. - Revenue is forecasted to grow from 1,576 million yuan in 2025 to 2,129 million yuan by 2027, reflecting a compound annual growth rate [5][9]. Profitability and Valuation Metrics - The gross margin is expected to improve from 15.5% in 2025 to 19.1% in 2027, indicating enhanced operational efficiency [11]. - The company’s price-to-earnings ratio (P/E) is projected to decrease from 410 in 2025 to 67 by 2027, suggesting a more favorable valuation as profitability improves [12]. Operational Developments - The company is enhancing its production capabilities to meet the growing demand in the new materials sector, which is expected to drive future growth [3]. - The operational efficiency improvements and strategic adjustments in product structure and sales strategies are anticipated to contribute to double-digit revenue growth in 2025 [2].

证券日报网讯2月2日，中欣氟材（002915）在互动平台回答投资者提问时表示，截至2026年1月30日公 司股东人数为63300户。 ...

Investment Rating - The investment rating for the chemical raw materials industry is "Positive" (maintained) [1] Core Views - The fluorochemical industry is experiencing a stable price trend for the third-generation refrigerants, with a potential new round of price increases on the horizon. Companies such as Juhua Co., Ltd. and Aohua Technology have announced profit increases for 2025 [4][19] - The industry is entering a long-term prosperity cycle, with significant growth potential across the entire fluorochemical value chain, from raw materials like fluorite to high-end fluorinated materials and fine chemicals [25] Summary by Sections Industry Overview - The fluorite price has stabilized and is expected to gradually recover, with the average market price for 97% wet fluorite at 3,314 CNY/ton as of January 30, 2026, reflecting a 0.15% increase from the previous week [19][20] - The fluorochemical index decreased by 4.98% during the week of January 26 to January 30, 2026, underperforming compared to the Shanghai Composite Index by 4.54% [6][38] Refrigerant Market - As of January 30, 2026, the prices for various refrigerants remained stable, with R32 at 63,000 CNY/ton, R125 at 50,000 CNY/ton, and R134a at 58,000 CNY/ton [21][22] - The refrigerant market is entering a demand off-season, but there is potential for price adjustments as domestic demand increases, especially with low inventory levels and supply constraints [9][24] Company Announcements - Juhua Co., Ltd. expects a net profit of 3.54 to 3.94 billion CNY for 2025, representing a year-on-year increase of 80% to 101%. Aohua Technology anticipates a net profit of 1.38 to 1.48 billion CNY, a growth of 30.96% to 40.44% [10] - Other companies such as Luxi Chemical and ST Lianchuang also forecast significant profit increases for 2025 [10] Recommended Stocks - Recommended stocks include Jinshi Resources, Juhua Co., Ltd., Sanmei Co., Ltd., and Aohua Technology, with other beneficiaries being Dongyangguang, Yonghe Co., Ltd., Dongyue Group, and Xinzhou Bang [11][25]

2、业绩预告情况：预计净利润为正值且属于扭亏为盈情形 二、与会计师事务所沟通情况 本次业绩预告相关财务数据未经会计师事务所审计。公司就本次业绩预告有关事项与为公司提供年度审 计服务的会计师事务所签字注册会计师进行了预沟通，双方在本次业绩预告方面不存在重大分歧。 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002915 证券简称：中欣氟材 公告编号：2026-003 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 一、本期业绩预告情况 1、业绩预告区间：2025年1月1日至2025年12月31日 1、报告期内，受全球经济增长放缓、国内需求复苏不及预期等多重因素叠加影响，化工产品市场整体 处在周期性底部。面对严峻的市场形势，公司聚焦降本增效、存量优化，向管理要效益，控费降本成效 显著，运营效率持续提升。公司通过技术改造降低能耗物耗，优化生产调度以提升装置运行效率；与此 同时，加强市场研判，灵活调整产品结构与销售策略，全力拓展高附加值细分市场。报告期内，公司营 业收入规模较2024年度同比实现双位数增长。 同时，农药行业在历经近几年的深度调整后，市场 ...

证券日报网讯1月29日，中欣氟材（002915）发布2025年度业绩预告称，公司预计2025年度归属于上市 公司股东的净利润为1600.00万元至2000.00万元。 ...

南财智讯1月29日电，中欣氟材发布年度业绩预告，预计2025年全年归属于上市公司股东的净利润为 1600.00万元—2000.00万元，预计同比扭亏；预计2025年全年归属于上市公司股东的扣除非经常性损益 的净利润为450.00万元—675.00万元。公司预计2025年年度净利润为正值，主要影响因素如下：1、报告 期内，受全球经济增长放缓、国内需求复苏不及预期等多重因素叠加影响，化工产品市场整体处在周期 性底部。面对严峻的市场形势，公司聚焦降本增效、存量优化，向管理要效益，控费降本成效显著，运 营效率持续提升。公司通过技术改造降低能耗物耗，优化生产调度以提升装置运行效率；与此同时，加 强市场研判，灵活调整产品结构与销售策略，全力拓展高附加值细分市场。报告期内，公司营业收入规 模较2024年度同比实现双位数增长。同时，农药行业在历经近几年的深度调整后，市场状况于2025年有 所回暖。公司把握机遇，充分体现了自身中间体业务的技术创新能力、产品领先优势以及成本领先优 势，使得产业一体化经营优势得以充分释放，毛利率较上年有所提升。子公司福建中欣氟材高宝科技有 限公司通过技改与扩产，有效释放产能，进一步实现规模效应并降 ...

中欣氟材公告，预计2025年1月1日至2025年12月31日归属于上市公司股东的净利润为盈利1600万元— 2000万元，上年同期亏损1.86亿元。报告期内，受全球经济增长放缓、国内需求复苏不及预期等多重因 素叠加影响，化工产品市场整体处在周期性底部。面对严峻的市场形势，公司聚焦降本增效、存量优 化，向管理要效益，控费降本成效显著，运营效率持续提升。公司通过技术改造降低能耗物耗，优化生 产调度以提升装置运行效率；与此同时，加强市场研判，灵活调整产品结构与销售策略，全力拓展高附 加值细分市场。报告期内，公司营业收入规模较2024年度同比实现双位数增长。 ...

2025年度业绩预告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、本期业绩预告情况 1、业绩预告区间：2025 年 1 月 1 日至 2025 年 12 月 31 日 | 项目 | | 本报告期 | | 上年同期 | | | --- | --- | --- | --- | --- | --- | | 归属于上市公司 股东的净利润 | 盈利：1,600.00 | 万元—2,000.00 | 万元 | 亏损：18,552.63 | 万元 | | 扣除非经常性损 益后的净利润 | 盈利：450.00 | 万元—675.00 | 万元 | 亏损：17,218.97 | 万元 | | 基本每股收益 | 盈利：0.0492 | 元/股—0.0614 | 元/股 | 亏损：0.5682 | 元/股 | 证券代码：002915 证券简称：中欣氟材 公告编号：2026-003 浙江中欣氟材股份有限公司 3、报告期内，公司非经常性损益金额约 1,150.00 万元至 1,325.00 万元，主 要为政府补助、公允价值变动收益及理财收益。 2、业绩预告情况：预计净利润为正值 ...

Core Viewpoint - PEEK exhibits excellent performance, with downstream development and application expansion driving demand [1] Group 1: PEEK Market Overview - PEEK is a lightweight material with outstanding mechanical, physical, thermal, corrosion resistance, electrical properties, and biocompatibility, ranking at the top of the special engineering plastics pyramid [1] - After over 40 years of development, PEEK has been widely used in automotive, electronics, industrial manufacturing, aerospace, and medical fields, with significant potential in emerging industries such as new energy, low-altitude, and robotics [1] - The global PEEK consumption is projected to reach approximately 10,000 tons in 2024, representing a year-on-year growth of 13.8%, with a forecasted market size of $1.226 billion by 2027 [1][70] - The domestic PEEK market is growing rapidly, with demand expected to increase at a CAGR of 23.5% from 1,100 tons in 2018 to 3,904 tons in 2024, leading to a market size of 1.455 billion yuan in 2024 [1][80] Group 2: Competitive Landscape - The PEEK production technology is complex, with a competitive landscape characterized by one leading player and several strong competitors. Victrex leads globally, followed by Solvay and Evonik [2] - Domestic companies such as Zhongyan Co., Pengfulong, and Junhua Co. are gradually emerging, accelerating their market share through technological breakthroughs and improved product quality [2][30] Group 3: Key Raw Materials - DFBP is a critical raw material for PEEK synthesis, accounting for about 50% of PEEK production costs. Approximately 0.8 tons of DFBP is required to produce one ton of PEEK [3] - In 2023, global DFBP consumption was 6,646.97 tons, with a consumption value of 974 million yuan, while China's DFBP consumption was 1,910.71 tons, valued at 250 million yuan [3] Group 4: Investment Recommendations - Suggested companies in the upstream raw materials include Xinhang New Materials, Zhongxin Fluorine Materials, and Xingfu New Materials [4] - Companies involved in PEEK production include Zhongyan Co., Water Co., and Jinfat Technology [4] - Companies engaged in PEEK processing and application include Huitong Co., Tongyi Co., and Kent Co. [4] Group 5: Industry Challenges and Opportunities - The PEEK industry faces challenges such as high production costs, long verification cycles, and the need for technological innovation to overcome processing difficulties [46][55] - The industry is exploring various avenues for breakthroughs, including technological innovation, cost reduction through vertical integration, and collaborative development with downstream partners [60][62] - Strong policy support is a key external factor enabling domestic PEEK companies to rise rapidly and challenge international giants [65][64]

Investment Rating - The report maintains a strong rating for the chemical industry, indicating a positive outlook for the sector [5]. Core Insights - The chemical sector has shown resilience with the CITIC Basic Chemical Index rising by 5.73% and the Shenwan Chemical Index increasing by 7.29% this week [13][16]. - Key sub-industries such as soda ash, chlor-alkali, and dyeing chemicals have experienced significant price increases, with soda ash rising by 13.3% [16]. - The report highlights the competitive strength of domestic tire manufacturers and suggests focusing on companies like Sailun Tire and Linglong Tire as potential growth opportunities [4]. - The polyurethane project by Huide Technology, with an annual production capacity of 600,000 tons, has commenced, indicating strategic growth in the new materials sector [3]. - The report emphasizes the tightening supply-demand dynamics in the phosphate chemical sector due to environmental regulations and increasing demand from the new energy sector [4]. Summary by Sections Market Overview - The Shanghai Composite Index increased by 0.84%, while the ChiNext Index decreased by 0.34% [13]. - The overall performance of the chemical sector is positive, with notable gains in various sub-industries [16]. Key Sub-Industry Developments - **Polyurethane**: The price of pure MDI in East China is reported at 17,600 RMB/ton, showing a week-on-week decline of 1.12% [28]. - **Tires**: The operating load for all-steel tires in Shandong is at 62.70%, reflecting a year-on-year increase of 20.70% [49]. - **Fertilizers**: Urea prices are at 1,757.45 RMB/ton, with a week-on-week decrease of 0.4% [63]. - **Vitamins**: The price of Vitamin A is reported at 61.5 RMB/kg, down 1.6% week-on-week [79]. Investment Themes - **Tire Sector**: Domestic tire companies are positioned strongly, with a focus on growth stocks [4]. - **Consumer Electronics**: Recovery in demand is anticipated, benefiting upstream material companies [4]. - **Phosphate Chemicals**: Supply constraints due to environmental policies are expected to tighten the market [4]. - **Vitamin Supply**: Supply disruptions in Vitamin A and E are noted, creating potential investment opportunities [4].