China Chemical Reports 90.42 Billion Revenue in H1, Overseas New Contracts Exceed 40 Billion!

The company's five major business segments exhibit a pattern of "stable core, emerging growth, and localized adjustment," as detailed below:

In China, the chemical industry and new materials sector focus on high-performance fibers, phase change materials, aerogels, and other new chemical materials. In the first half of the year, it achieved a main business income of 4.83 billion yuan, an increase of 8.73% year-on-year, accounting for 5.36% of the main business income, an increase of 0.44 percentage points year-on-year. The income growth was mainly due to the increase in income from industrial projects of Tianchen Company, Hualu Company, Donghua Company, and others.

Domestic business: achieved revenue of 63.469 billion yuan, a year-on-year decrease of 8.93%, with a proportion 6.66 percentage points lower than the same period last year. The main reason for the revenue decline is that the company's domestic infrastructure projects and environmental governance projects were completed this year, resulting in a decrease in revenue and costs.

Overseas Business: Achieved revenue of 26.599 billion yuan, representing a year-on-year increase of 28.75%. The main reason for the revenue growth is the company’s meticulous planning and organization of construction, which enabled smooth progress of overseas projects and resulted in increased revenue.

In the first half of 2025, the company signed new contracts worth 206.092 billion yuan, an increase of 1.24% year-on-year, laying a solid foundation for future revenue growth with its contract reserves.

In detail: The newly signed contract value within the domestic market was 164.608 billion yuan, an increase of 23.76 billion yuan compared to the same period last year, with a growth rate of 1.46%, accounting for 79.87% of the total newly signed contracts. The newly signed contract value in overseas markets was 41.484 billion yuan, an increase of 1.47 billion yuan compared to the same period last year, with a growth rate of 0.36%, accounting for 20.13% of the total newly signed contracts. In the first half of the year, a series of projects exceeding 7 billion yuan were signed in Indonesia. Significant breakthroughs were made in new country markets, including the signing of the world's largest green hydrogen and green ammonia project in Namibia, with the overseas influence continuing to increase.

It is worth mentioning that the "Energy-saving and Environmentally Friendly Natural Soda Production Technology" and the "Direct Butadiene Cyanation Process for Adiponitrile Technology," both independently developed by China National Chemical Tianchen Company, have been selected as promotional projects in the "2025 Annual Technology Guidance Program of the China Petroleum and Chemical Industry Federation" released by the China Petroleum and Chemical Industry Federation.

The direct cyanation technology of butadiene to adiponitrile has successfully overcome the "choke point" problem in this field, which had long been monopolized by foreign countries. This achievement has filled the gap in relevant technologies and industries in China and is of great significance for enhancing the country's self-sufficiency in high-end chemical materials.