Core Viewpoint - The A-share market saw a significant rally in the chemical sector, with multiple stocks experiencing substantial gains on February 12, indicating strong investor interest and potential growth in this industry [1]. Group 1: Stock Performance - Changhua Chemical (301518) rose by 10.57%, with a total market capitalization of 65.46 billion and a year-to-date increase of 26.51% [2]. - Meibang Shares (605033) increased by 10.00%, with a market cap of 35.23 billion and a year-to-date rise of 29.78% [2]. - Jianxin Shares (300107) saw a gain of 9.80%, with a market value of 49.19 billion and a year-to-date increase of 28.15% [2]. - Weike Technology (301196) grew by 8.98%, with a market capitalization of 108 billion and a year-to-date increase of 7.65% [2]. - Kexin Source (300731) increased by 6.92%, with a market cap of 83.04 billion and a year-to-date rise of 16.83% [2]. - Huide Technology (603192) rose by 5.80%, with a market value of 39.31 billion and a year-to-date increase of 5.68% [2]. - New Jinlu (000510) saw a gain of 5.58%, with a market capitalization of 113 billion and a year-to-date increase of 50.26% [2]. - Zhenhua Shares (603067) increased by 5.38%, with a market cap of 263 billion and a year-to-date rise of 28.57% [2]. - ST Yatai (000691) rose by 5.02%, with a market value of 41.56 billion and a year-to-date increase of 21.56% [2]. - Guangkang Biochemical (300804) increased by 4.00%, with a market cap of 33.87 billion and a year-to-date rise of 30.77% [2]. - Hangjin Technology (000818) saw a gain of 4.00%, with a market capitalization of 163 billion and a year-to-date increase of 28.03% [2]. - Hongda Shares (600331) rose by 3.98%, with a market value of 463 billion and a year-to-date increase of 36.90% [2]. - Demei Chemical (002054) increased by 3.31%, with a market cap of 52.65 billion and a year-to-date rise of 47.97% [2]. - Huangma Technology (603181) saw a gain of 3.17%, with a market capitalization of 99.49 billion and a year-to-date increase of 18.26% [2]. - Runmu Materials (300727) rose by 3.14%, with a market value of 65.73 billion and a year-to-date increase of 2.38% [2]. - Litong Technology (920225) increased by 3.09%, with a market cap of 38.08 billion and a year-to-date decrease of 6.40% [2].

Core Viewpoint - The A-share market has seen a significant rally in the chemical sector, with multiple companies experiencing substantial gains in their stock prices [1] Group 1: Company Performance - Changhua Chemical has increased by over 10% [1] - Meibang Co. has reached a 10% limit up [1] - Jianxin Co. has risen by over 9% [1] - Weike Technology has gained over 8% [1] - Kexin Innovation Source has increased by over 6% [1] - Huide Technology, Xinjin Road, and Zhenhua Co. have all risen by over 5% [1]

Core Viewpoint - The company Longhua Chemical (301518) has made significant progress in its carbon dioxide polyether project and has provided a profit forecast for 2025, indicating strong growth potential in its operations [1][2]. Group 1: Project Progress - The company has nearly completed its 80,000-ton annual carbon dioxide polyether facility, which is currently undergoing debugging and preparation for trial production, with plans to start trial production in the first quarter of 2026. The products will target various applications, including automotive composite foam and specialty sponges [1]. - The company is focusing on molecular structure design as a core strategy and is advancing its green chemistry strategy, which includes the development of phosphazene catalysts, expanding the application areas of carbon dioxide polyether, and promoting resource recycling technologies [3]. Group 2: Financial Performance - The company expects its net profit for 2025 to be between 89.41 million yuan and 109 million yuan, representing a year-on-year growth of 53.75% to 87.91%. Complete financial data will be disclosed in the 2025 annual report [2].

Core Viewpoint - The company outlines its development plan for the next three to five years, focusing on green chemistry through molecular structure design and material synthesis [1] Group 1: Development Strategy - The company will focus on phosphazene catalysts, continuously developing and iterating catalysts and synthetic materials to enhance product advantages, diversify product categories, and increase market share in the automotive sector [1] - The company aims to build an industrial chain around green low-carbon materials, continuously developing carbon dioxide polyether products and their application fields [1] - The company will center on functional depolymerization catalysts to empower resource recycling and contribute to a sustainable future [1]

Core Viewpoint - The company anticipates significant market potential for its carbon dioxide polyether products, driven by the increasing demand for green and low-carbon attributes in various applications [1] Group 1: Market Potential - Carbon dioxide polyether is a specialty polyether product with high performance, carbon neutrality, and recyclability, applicable in diverse fields such as automotive composite foams, specialty sponges, synthetic leather, water-based polyurethane dispersions, elastomers, adhesives, and inks [1] - The potential market includes a wide customer base that requires products with green low-carbon attributes, enhanced performance, or reduced costs [1] Group 2: Industry Trends - By 2025, the global chemical industry is expected to exhibit three significant trends: accelerated green low-carbon transformation, industry upgrades driven by technological innovation, and deepening regional adjustments in supply chains [1] - The green low-carbon transformation is becoming a core driving force, with the strengthening of global carbon reduction policies making this transition irreversible [1] - The comprehensive implementation of the EU Carbon Border Adjustment Mechanism (CBAM) is expected to have a profound impact on the global chemical trade landscape, leading to a continuous increase in demand for green low-carbon chemicals [1] Group 3: Product Characteristics - Polyurethane (PU) is a type of polymer material formed by the chemical reaction of diisocyanates and polyols, characterized by high customization potential [1] - Carbon dioxide polyether, a copolymer of propylene oxide and carbon dioxide, possesses advantages such as low-temperature flexibility and hydrolysis resistance, along with mechanical strength, wear resistance, and heat resistance typical of polycarbonates [1] - Polyurethane products made from carbon dioxide polyether exhibit excellent properties such as oxidation resistance, wear resistance, chemical resistance, and hydrolysis resistance, with the molecular chain containing carbonate ester bonds facilitating easier degradation and recycling [1]

Core Viewpoint - The company outlines its development plan for the next three to five years, focusing on green chemistry through molecular structure design and material synthesis [1] Group 1: Development Strategy - The company will focus on phosphazene catalysts, continuously developing and iterating catalysts and synthetic materials to enhance product advantages, diversify product categories, and increase market share in the automotive sector [1] - The company aims to build an industrial chain around green low-carbon materials, continuously developing carbon dioxide polyether products and their application fields [1] - The company will center on functional depolymerization catalysts to empower resource recycling and contribute to a sustainable future [1]

Core Viewpoint - The company is progressing with its carbon dioxide polyether project, which is expected to begin trial production in the first quarter of this year, with a planned annual capacity of 80,000 tons [1] Group 1: Project Development - The construction of the 80,000-ton carbon dioxide polyether facility is nearly complete, and the company is currently working on debugging and trial production procedures [1] - This facility represents the global first implementation of a new product and process, requiring testing and market cultivation for various downstream applications [1] Group 2: Market Strategy - The company has established the Carnol Polyether Global Business Unit to oversee domestic and international market development, having already initiated a series of market expansion efforts [1] - The long-term strategy involves solidifying the technical barriers of the first global low-temperature, low-pressure production project, building a strong market reputation in the initial phase [1] - The company aims to leverage the initial production capacity as a foundation for continuous optimization of process pathways and efficiency management, thereby opening up long-term market opportunities [1] - Ultimately, the goal is to transform technology into brand assets and establish a competitive moat [1]

Core Viewpoint - The company has completed the construction of an 80,000-ton carbon dioxide polyether production facility, which is set to begin trial production in the first quarter of this year, marking a global first in new products and processes [1] Group 1: Production and Development - The carbon dioxide polyether facility is currently undergoing debugging and trial production procedures [1] - The company anticipates a ramp-up period to reach full production capacity [1] Group 2: Market Strategy - A dedicated global business unit, Carnol Polyether, has been established to develop both domestic and international markets [1] - The company has initiated a series of market expansion efforts [1] Group 3: Long-term Strategy - The company aims to solidify its technological barriers with the first global low-temperature, low-pressure production project of 80,000 tons of carbon dioxide polyether [1] - The strategy includes optimizing process paths and efficiency management to expand long-term market opportunities [1] - The ultimate goal is to transform technology into brand assets, creating a competitive moat [1]

Core Viewpoint - The company plans to focus on molecular structure design and material synthesis capabilities to create green chemistry in its future development strategy [1] Group 1: Development Strategy - The company will center its efforts around phosphorus-nitrogen catalysts, continuously developing and iterating catalysts and synthetic materials to enhance product advantages, diversify product categories, and increase market share in the automotive sector [1] - The company aims to build an industrial chain around green and low-carbon materials, continuously developing carbon dioxide polyether products and their application fields [1] - The company will focus on functional depolymerization catalysts to empower resource recycling and contribute to a sustainable future [1]

（编辑 姚尧） 证券日报网2月5日讯 ，长华化学在接受调研者提问时表示，公司结合英国ECONIC公司的先进、高效催 化剂技术与本公司的聚醚合成及应用技术制备二氧化碳聚醚产品。截至目前，公司已面向七大领域开发 了八款产品，获得了众多中高端客户的验证通过。公司的二氧化碳聚醚产品具有聚碳酸酯链段和聚醚链 的嵌段结构，端羟基活性与聚醚多元醇基本一致，有效提高了产品的稳定性。制备的产品兼具聚碳酸酯 型和聚醚型多元醇的优点，同时拥有更窄的分子量分布、无催化剂残留、环保性高，是一种被国家列为 鼓励类的绿色高效技术。此外，以二氧化碳聚醚制备的聚氨酯材料具有更优异的物理、化学、低碳性 能，应用领域广泛。 ...