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Zhejiang Juhua (600160.SH): It is expected that the export of refrigerants will follow a trend of low in the early part of the year and high in the later part of the year.
On September 11th, Juhua Co., Ltd. (600160.SH) stated during an investor reception event that it is expected that the export of refrigerants this year will have a trend of starting low and ending high. As mentioned earlier, in the first half of the year, due to destocking, the export demand was relatively weak. With the reduction of inventory, the export situation in the second half of the year is better than that in the first half. As for R32, according to the company's understanding, due to the validity of export quotas within the year, as the export prices rise in the second half of the year, our company and some industry enterprises have used up their export quotas ahead of schedule. Currently, the demand is improving, and the prices have continued to rise recently, narrowing the price difference between domestic trade and exports. With the overseas market next year...
Zhejiang Juhua (600160.SH): This year, R32 demand has exceeded expectations.
Zhejiang Juhua Co., Ltd. (600160.SH) stated at the investor reception day event on September 11th that due to the unexpected growth of R32 demand this year and the market quota for additional issuance in the fourth quarter, it is expected that by the end of the third quarter, the progress of the company's original R32 production quota usage will significantly exceed the time schedule. Among the newly allocated R32 quotas of 0.035 million tons by the government, it is estimated that Zhejiang Quhua Fluorine Chemical Co., Ltd. (a wholly-owned subsidiary of the company) and Zibo Feiyuan Chemical Co., Ltd. (a 51% held subsidiary of the company) will receive a total allocation of 0.01575 million tons (subject to the data approved by the Ministry of Ecology and Environment). According to the company's annual production plan arrangement, in accordance with
Zhejiang Juhua (600160.SH): In response to the development needs of the liquid cooling market, continue to increase research and development of fluorinated liquid refrigerants products.
Gelonghui September 11th 丨 Zhejiang Juhua (600160.SH) stated at the investor reception day event that the company will adhere to the goal of building a globally leading comprehensive refrigerant manufacturer, be prepared for the future, operate in the present, and continuously consolidate and improve its leading competitive position. Firstly, by leveraging its leading position, the company will optimize market layout and ecological construction, refine management, operate with precision, and do well in the operation under the quota control of the third generation fluorinated refrigerants (HFCs), innovate business models and research and development models, and transform the quota scale advantage into operational, brand, and product innovation advantages to continuously consolidate and enhance core competitiveness.
Zhejiang Juhua (600160.SH: The company has a national approved production quota of 0.3263 million tons of fluorine refrigerant.
Gelonghui September 11th | Zhejiang Juhua (600160.SH) stated at the investor reception day event that the company is a global leader in refrigerant, the only domestic company with a series of first to fourth generation fluorine-containing refrigerant products, as well as production of new fluorine refrigerants, hydrocarbon refrigerants, and a series of blended refrigerants. The company (including its holding subsidiaries) has a national approved quota of 0.3263 million tons for fluorine refrigerant production. Specifically: (1) HCFC-22 production quota of 0.0475 million tons, accounting for 26.3% nationwide, with domestic use quota accounting for 31.55%, ranking first domestically. (2)
Could The Market Be Wrong About Zhejiang Juhua Co., Ltd. (SHSE:600160) Given Its Attractive Financial Prospects?
Zhejiang Juhua's H1 Profit Rises 70%; Shares Jump 5%
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