JINYUAN HCHEM (02502) Releases Interim Results, Shareholders' Loss of RMB 20.231 Million, Turning from Profit to Loss Year-over-Year

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JINYUAN HCHEM (02502) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of RMB 1.442 billion, representing a decrease of 9.98% compared to the same period last year. The loss attributable to owners of the company was RMB 20.231 million, compared to a profit of RMB 30.233 million in the corresponding period of the previous year. Loss per share was RMB 0.02. The group's operating performance was primarily driven by changes in average selling prices and average procurement prices of products, while product sales volume was mainly determined by production capacity. The group's business remained stable during the first half of 2025, with capacity utilization rates for major products generally maintained, and product sales essentially achieving consistent full capacity sales. During the first half of 2025, the group's hydrogenated aromatic chemicals production capacity was approximately 400,000 tons per year, LNG production facilities had a capacity of approximately 72,000 tons per year, while hydrogen production capacity was approximately 317.0 million cubic meters per year (including the capacity of joint venture Jinjiang Refining & Chemical).

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