Wanhua Chemical Group Co.,Ltd. (600309.SH) has released its interim report for the first half of 2026, showcasing robust financial performance across all major business segments.
During the reporting period, the company achieved operating revenue of RMB 119.316 billion, representing a year-on-year increase of 31.26%. Net profit attributable to shareholders of the listed company reached RMB 10.063 billion, up 64.35% compared to the same period last year. After excluding non-recurring gains and losses, net profit attributable to shareholders stood at RMB 9.676 billion, reflecting a growth of 54.96% year-on-year.
In the polyurethane segment, the company capitalized on market growth opportunities by leveraging its global production base layout, overseas marketing network, and resilient global supply chain system. Profitability levels improved steadily across all regions. Amid geopolitical conflicts, the company proactively ensured stable supply to customers, maintained frequent interactions with downstream clients, and responded swiftly to customer demands, solidifying its position as the most trusted partner.
The petrochemical segment saw significant achievements during the first half of 2026. The successful completion of the ethane feedstock conversion at the company's first-phase ethylene unit substantially reduced production costs and significantly enhanced competitive advantages. Relying on its comprehensive global supply chain procurement system, the company effectively secured raw material supplies during periods of shortage, while various petrochemical products seized market opportunities to achieve marked improvements in profitability.
In the fine chemicals and new materials segment, the ADI product line fully explored market growth potential, achieving steady growth in sales volume. TPU paint protection film and foam businesses maintained their leading positions in the global market. The PC business deepened its presence in international markets, enhancing product differentiation through technological innovation. The fragrance business further strengthened global cooperation with key customers, steadily increasing market share. Battery materials including lithium iron phosphate, NMP, carbonate, and PAA actively expanded their market presence, with business scale growing rapidly.
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