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Company column

• On April 26th, Great Chinasoft Technology Co., Ltd. issued a notice on terminating investment in the construction of a 6000 ton/year FEC project.

• On April 23-24, Shandong Huaxia Shenzhen New Material Co., Ltd. applied for "Polyvinylidene Fluoride Resin for Power Lithium ion Batteries" at the 2024 Petrochemical Industry Development Conference and was awarded the 2023 Chemical New Material Innovation Product.

• Shandong Dongyue Research Institute Co., Ltd., April 23-24, announced at the 2024 Petrochemical Industry Development Conference that the "DFS-901 Fluorosulfonate Release Agent" was awarded the 2023 Chemical New Materials Innovation Product.

• On April 26th, the fluorine chemical sector continued to rise, with refrigerant leading the way. Zhejiang Sanmei Chemical Industry Co., Ltd., Zhejiang Juhua Co., Ltd., Zhejiang Yongtai Technology Co., Ltd. hit the limit up, while Dongyue Group Limited, China Kings Resources Group Co., Ltd., Haohua Chemical Science&Technology Corp., Ltd., Guangdong Hec Technology Holding Co., Ltd., Jiang Yonghe Refrigerant Co., Ltd. saw a high increase in growth.

• Yunnan yundianhua Co., Ltd., on April 26, granted a patent for a post-treatment process for preparing p-fluoronitrobenzene, with publication number CN117924091A and application date of October 2022.

• Do-Fluoride New Materials Co.,Ltd.， The first quarter report of 2024 was disclosed, with a revenue of 2.129 billion RMB, a year-on-year decrease of 13.87%; The net profit attributable to shareholders of the listed company was 39.5661 million RMB, a year-on-year decrease of 63.92%; The net profit attributable to shareholders of the listed company after deducting non recurring gains and losses was 8.1049 million RMB, a year-on-year decrease of 90.46%.

• Guangzhou Tinci Materials Technology Co., Ltd.， The first quarter report of 2024 was disclosed, with a revenue of 2.463 billion RMB, a year-on-year decrease of 42.91%; The net profit attributable to shareholders of the listed company was 114 million RMB, a year-on-year decrease of 83.54%; The net profit attributable to shareholders of the listed company after deducting non recurring gains and losses was 101 million RMB, a year-on-year decrease of 85.32%.

• Zhejiang Zhongxin Fluoride Materials Co.,Ltd.， Disclosed the Q1 2024 report, with a revenue of 318 million RMB, a year-on-year increase of 8.76%; The net profit attributable to shareholders of the listed company was 2.5536 million RMB, a year-on-year decrease of 90.68%; The net profit attributable to shareholders of the listed company after deducting non recurring gains and losses was 1.4975 million RMB, a year-on-year decrease of 94.39%.

• On April 25th, Zhejiang Juhua Co., Ltd. released its Q1 2024 report, which showed a revenue of 5.47 billion RMB, a year-on-year increase of 19.52%; The net profit attributable to shareholders of the listed company was 310 million RMB, a year-on-year increase of 103.35%; The net profit attributable to shareholders of the listed company after deducting non recurring gains and losses was 288 million RMB, a year-on-year increase of 118.26%; Basic earnings per share are 0.115 RMB.

• Zhejiang Yonghe Refrigerant Co., Ltd. released its 2023 annual report on April 26. The report shows that Yonghe Group achieved a revenue of 4.369 billion RMB in 2023, a year-on-year increase of 14.86%; The net profit attributable to the parent company was 184 million RMB, a year-on-year decrease of 38.81%; The net profit after deduction was 113 million RMB, a year-on-year decrease of 57.82%.

• On February 29th, Zhejiang Weihua New Materials Co., Ltd. approved the registration of its initial public offering and approved its listing on the main board of the Shanghai Stock Exchange.

• On April 25th, construction broke ground at the battery grade polyvinylidene fluoride factory in Augusta, Georgia. After completion, the factory will become the largest PVDF production facility in North America, meeting the growing demand of the domestic energy storage market in the United States.

• Ganzhou Huashuo Mining Co., Ltd.， The Aonao fluorite mine is expected to commence construction this year. The fluorite mine is located in Jingwei Village, Huanglin Township, Yudu County, with a total land area of approximately 223 acres and a confirmed fluorite ore reserve of 6.65 million tons.

• On April 29th, the Department of Industry and Information Technology of Fujian Province issued a response to Proposal No. 1775 of the Second Session of the 14th Provincial People's Congress, continuing to promote the healthy development of the fluorine new material industry!

• On April 28th, Fujian Zhongzhou New Materials Technology Co., Ltd. announced the environmental impact assessment of the high-end fluorine new materials project (Phase I), with a total investment of 250 million RMB. The construction site is the Sanming Jikou Circular Economy Industrial Park.

Exhibition column

• The CHINAPLAS 2024 International Rubber and Plastics Exhibition kicked off on April 23 at the National Convention and Exhibition Center (Shanghai).

• The Chemical Talent Exchange Labor Employment Service Center and ACMI plan to collaborate with the New Materials and Industrial Technology Research Institute of Wenzhou University to jointly hold the 2024 (9th) Fluorine Chemical Industry Training Course and International Fluorine Plastic Processing Training from July 31 to August 2.