Capchem Projects Q1 Net Profit to More Than Double on Strong Battery Chemical Shipments

Shenzhen Capchem Technology Co., Ltd. (300037.SZ) has issued its performance forecast for the first quarter of 2026, anticipating a net profit attributable to shareholders of the listed company to be in the range of 460 million to 500 million yuan. This represents a year-on-year increase of 100.11% to 117.51%.

During the reporting period, the company's three main business segments demonstrated deep synergy, leading to a continued positive overall operating performance and strong growth momentum. The details are as follows: Benefiting from the sustained rapid growth in demand from the downstream energy storage sector, coupled with the company's continuous improvement of its core industry chain, the shipment volume of its battery chemicals business achieved rapid year-on-year growth. Concurrently, product selling prices gradually recovered as the industry's competitive landscape optimized. Both sales volume and sales revenue increased significantly compared to the same period last year, leading to an improvement in profitability.

The electronic information chemicals business capitalized on the rapid development opportunities in downstream emerging fields such as new energy and semiconductors. The market share of its core products steadily increased. Focusing on the semiconductor coolant sector, the company continued to advance certification and mass production delivery for leading industry customers, while simultaneously accelerating the implementation of its production capacity layout, resulting in rapid sales growth.

The organic fluorine chemicals business consistently maintained a stable and outstanding level of profitability. The development of fluorine-containing products for key areas such as digital infrastructure, clean energy, and the low-carbon economy progressed smoothly, continuously enhancing the business's resilience.

The company's non-recurring gains and losses for the reporting period were approximately 10.72 million yuan, an increase of about 2.73 million yuan compared to the same period last year. The primary reasons for this increase were government subsidy income and financial investment gains.