Jinfa Technology Discloses Estimated Revenue for First Half of Year, Updates on Robot Materials and Project Commissioning

Goldwind Technology (600143.SH) stated on the investor interaction platform that the company has currently engaged in collaborative R&D on embodied intelligent robot-related materials with several leading industry enterprises, with some customers having entered the mass supply stage. At the same time, the company is advancing deep joint development projects with multiple potential customers, and the results are expected to be gradually realized. At this stage, although the sales volume of robot materials accounts for a very small proportion in the company's overall product structure and has limited direct impact on short-term performance, based on the judgment of the long-term development trend and technological iteration prospects of the robotics industry, the company will continue to strengthen R&D investment and market expansion in this field, actively seizing future growth opportunities.

Performance aspect,Golden Hair Technology expects to achieve a net profit attributable to shareholders of 550 million to 650 million yuan in the first half of 2025, an increase of 170 million to 270 million yuan compared with the same period last year, representing a year-on-year growth of 44.82% to 71.15%.

During the reporting period, the company intensified efforts in new product development and optimized the product structure of modified plastics. Sales volume and gross profit in industries such as automotive, electronics and electrical appliances, and new energy all achieved steady growth. Meanwhile, the company accelerated the global expansion by leveraging its technological advantages and localized service capabilities to secure overseas orders. As a result, the scale of overseas business grew rapidly, continuously expanding growth potential.

In the second half of 2024, the Vietnam base of Kingfa Sci & Tech successfully commenced production; in February this year, the Spanish base of Kingfa Sci & Tech was put into production. Currently, overseas bases in Poland, Mexico, Indonesia, and other locations are accelerating their construction.

2. The company continuously strengthens the industrial chain collaboration between the green petrochemical sector and the modified plastics sector, achieving cost reduction and efficiency improvement through technological transformation and process optimization. It also actively develops high-end specialty materials and accelerates the progress of the integrated synthesis and modification project to enhance overall operational quality.

3. Benefiting from the increased demand for domestic industrial chain autonomy and control, the company's specialty engineering plastics business, leveraging its technological advantages, is accelerating innovative application development in high-frequency communications and AI equipment fields. This has significantly improved customer penetration, driving rapid growth in product sales and gross profit.

Currently, the production capacity of special engineering plastics at Kingfa is 34,000 tons per year, including 21,000 tons of high-temperature PA, 6,000 tons of LCP, and 6,600 tons of PPSU. In the future, the company will deeply explore innovative applications of semi-aromatic polyamide, LCP, and PPSU/PES in emerging fields such as electronics, automotive, and humanoid robots.In terms of production capacity, Kingfa's 15,000-ton annual LCP synthetic resin project is originally planned to be gradually put into operation by June 2025; the 8,000-ton annual long-chain polyamide and other special polyamide project is expected to be put into operation by March 2026.