Specialty Chemicals

Yangfan New Materials

Yangfan New Materials released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 202.95 M, actual EPS CNY -0.01

Yangfan New Materials released FY2025 earnings on April 28 After-Market (BJT), actual revenue CNY 919.81 M, actual EPS CNY 0.0647

Yangfan New Materials released FY2025 Q4 earnings on April 28 After-Market BJT, actual revenue CNY 242.6 M, actual EPS CNY -0.0657

Yangfan New Materials to Release FY2026 Q1 Earnings on April 29 After-Market (BJT)

Yangfan New Materials FY2025 Annual Earnings Release on April 29, 2026 After-Market (BJT)

Yangfan New Materials released FY2025 9 Months earnings on October 29 During-Market (BJT), actual revenue CNY 677.21 M, actual EPS CNY 0.1313

Yangfan New Materials released FY2025 Q3 earnings on October 29 During-Market (BJT), actual revenue CNY 204.25 M, actual EPS CNY 0.0311

Yangfan New Materials to Release FY2025 Q3 Earnings Report on October 30 During-Market BJT

Yangfan New Materials to Release FY2025 Semi-Annual Earnings on August 29, 2025 (BJT)

Yangfan New Materials released FY2025 Q2 earnings on August 12 During-Market (BJT), actual revenue CNY 240.92 M, actual EPS CNY 0.0574

Yangfan New Materials released FY2025 Semi-Annual Earnings on August 12 During-Market BJT, actual revenue CNY 472.95 M, actual EPS CNY 0.1

Yangfan New Material's Subsidiary Jiangxi Yangfan Completes Fire Rectification and Resumes Production

Fire Accident Occurred at Subsidiary of Yangfan New Materials

Yangfan New Materials Reports 47.52% YoY Loss Reduction in 2024

Yangfan Materials Reports 74.60% Increase in Q1 2025 Revenue

Zhejiang Yangfan New Materials released FY2025 Q1 earnings on April 25 After-Market BJT, actual revenue CNY 232.04 M, actual EPS CNY 0.0428

ZHEJIANG YANGFAN NEW MATERIALS released FY2024 Q4 earnings on April 24 After-Market BJT, actual revenue CNY 235.48 M, actual EPS CNY -0.0807

Zhejiang Yangfan New Materials released FY2024 annual earnings on April 24 After-Market BJT, actual revenue CNY 731.4 M, actual EPS CNY -0.1961

Zhejiang Yangfan New Materials to Release FY2025 Q1 Earnings on April 26 After-Market BJT

ZHEJIANG YANGFAN NEW MATERIALS to Release FY2024 Earnings on April 25 After-Market BJT

300637

Yangfan New Materials announced that its shareholder, Xinfan Investment, holding 8.408 million shares, accounting for 3.58%, plans to reduce its holdings by no more than 2.3475 million shares, accounting for 1.00%, through centralized bidding from November 5, 2025, to February 4, 2026; the CEO Tao Ming, Vice President Liu Hui, Vice President Zhu Junfei, and Chief Financial Officer Shangguan Yunming each plan to reduce their holdings by no more than 15,395 shares, 19,950 shares, 15,390 shares, and 13,894 shares, respectively, during the period from November 21, 2025, to February 20, 2026, each accounting for 0.01% of the company's total share capital

Zhitong

Yangfan New Materials: New Sail Investment plans to reduce by 1.00%

Yangfan New Materials announced that its controlling shareholder, Yangfan Holdings, pledged 12.0846 million shares, accounting for 23.36% of its holdings and 5.15% of the company's total share capital. The pledge start date is September 30, 2025, and the purpose of the pledge is for business needs. At the same time, Yangfan Holdings released the pledge of 6.487 million shares, accounting for 12.54% of its holdings. After this pledge, the total number of pledged shares by Yangfan Holdings is 27.8376 million shares, accounting for 53.81% of its holdings

Yangfan New Materials: The controlling shareholder Yangfan Holdings pledged 12.0846 million shares, accounting for 23.36% of its holdings

Yangfan New Materials announced that in the first half of 2025, the operating revenue was 473 million yuan, a year-on-year increase of 47.93%. The net profit attributable to shareholders of the listed company was 23.1372 million yuan, compared to a loss of 21.2385 million yuan in the same period last year. The company plans not to distribute cash dividends, not to issue bonus shares, and not to increase capital by converting reserves

Yangfan New Materials: Net profit of 23.1372 million yuan in the first half of 2025

688199

300429

The price of photoinitiators continues to rise, with the latest quote on August 11 being 95 yuan/kg, an increase of 5.56%. Since the beginning of this year, the price of photoinitiators has risen by a cumulative 26.67%. As a core raw material for photoresists, photoinitiators have a broad space for substitution in the domestic market. Currently, there are 7 listed companies in the A-share market involved in the production of photoinitiators, among which Jiuri, TRONLY, and Yangfan New Materials are industry leaders

Jiuri

TRONLY

The price of core materials for photoresist photoinitiators continues to rise: a review of concept stocks

301076

603650

Guohai Securities released a research report indicating that the supply and demand pattern in the photoinitiator industry is gradually improving, with prices expected to bottom out and rebound, leading to an improvement in industry profitability. With the traditional demand recovering and the rapid development of emerging application fields, the demand prospects for photoinitiators are broad. This report is the first to cover the industry and gives a "Buy" rating

SINO—HIGH

Red Avenue New Materials

Guohai Securities: Improvement in Supply and Demand Pattern, Profitability in the Optical Trigger Industry Expected to Improve

On July 7th, Yangfan New Materials stated on the interactive platform that some of the company's products can be applied in the 3D printing field

Yangfan New Materials: Some products can be applied in the 3D printing field downstream

Yangfan New Materials announced that its wholly-owned subsidiary Jiangxi Yangfan New Materials Co., Ltd. has completed rectification and has been approved to resume production on July 4, 2025. Due to violations of the Production Safety Law, Jiangxi Yangfan and its legal representative were fined 50,000 yuan and 40,000 yuan, respectively, and the fines have been paid. This fire accident is expected to have a certain impact on the performance for the year 2025

Yangfan New Materials: Subsidiary Jiangxi Yangfan has completed rectification and has been approved to resume production

Debon Securities released a research report stating that due to the continuous growth of demand in the downstream PCB industry, the prices of domestic photoinitiators have generally risen. The reference ex-factory price for grade 907 is 88 yuan/kg, an increase of 19 yuan since the beginning of the year. It is expected that the consumer electronics industry will continue to recover in 2025, driving the demand for electronic chemicals such as photoinitiators. As China's global PCB production base, domestic photoinitiator manufacturers will benefit

Debon Securities: PCB demand recovery + industry concentration increase, light-triggered agent supply-side expectations continue to improve

Yangfan New Materials stated on the interactive platform on July 1st that it has not yet learned that the company's thiol compounds can be applied in the field of solid-state batteries. The company's thiol compounds are mainly used in pharmaceutical and pesticide intermediates, as well as in photopolymerization new materials

Yangfan New Materials: It is not yet known whether the company's thiol compounds can be applied in the field of solid-state batteries

Yangfan New Materials' wholly-owned subsidiary Jiangxi Yangfan's Workshop 109 caught fire on the evening of June 9, 2025. The company quickly activated its emergency plan, evacuated personnel, and cooperated with the fire department to extinguish the fire. The situation has been brought under control, and one employee suffered minor burns and has been sent for medical treatment, with no life-threatening injuries reported. There has been no leakage of toxic chemicals or environmental pollution, and the cause of the accident is under investigation

A fire accident occurred in Workshop 109 of Jiangxi Yangfan, a subsidiary of Yangfan New Materials

Yangfan New Materials(300637.SZ)