Pacific Securities recently reported that Chuangjinnuo's Egypt project and new energy materials project will support future growth. In the first half of the year, revenue was 2.112 billion yuan, up 21.10% year on year, and net profit to mother was 124 million yuan, down 30.20% year on year. Sulphur price increases are squeezing the profit margins of the phosphoric acid business. The company's Suez phosphorus chemical project in Egypt plans to build a plant with an annual output of 800,000 tons of sulfur acid, 300,000 tons of industrial wet crude phosphate, 150,000 tons of 52% phosphoric acid, 300,000 tons of monoammonium phosphate and 20,000 tons of sodium fluorosilicate, which is an important foundation for the company's continued growth in the future. In addition, the 100,000 tons/year battery-grade lithium iron phosphate cathode material iron phosphate iron phosphate precursor material, 400,000 tons of semi-aqueous phosphoric acid and 250,000 tons of purified phosphoric acid technology improvement project, the 100,000 tons/year sulfuric acid plant air pollution control environmental protection improvement and equipment upgrade project, and the 1 million tons/year phosphogypsum harmless treatment and renovation project are all progressing steadily. The bank expects the company's 2025-2027 EPS to be 1.2/1.6/2.86 yuan respectively, maintaining a “buy” rating.

Pacific Securities recently reported that Chuangjinnuo's Egypt project and new energy materials project will support future growth. In the first half of the year, revenue was 2.112 billion yuan, up 21.10% year on year, and net profit to mother was 124 million yuan, down 30.20% year on year. Sulphur price increases are squeezing the profit margins of the phosphoric acid business. The company's Suez phosphorus chemical project in Egypt plans to build a plant with an annual output of 800,000 tons of sulfur acid, 300,000 tons of industrial wet crude phosphate, 150,000 tons of 52% phosphoric acid, 300,000 tons of monoammonium phosphate and 20,000 tons of sodium fluorosilicate, which is an important foundation for the company's continued growth in the future. In addition, the 100,000 tons/year battery-grade lithium iron phosphate cathode material iron phosphate iron phosphate precursor material, 400,000 tons of semi-aqueous phosphoric acid and 250,000 tons of purified phosphoric acid technology improvement project, the 100,000 tons/year sulfuric acid plant air pollution control environmental protection improvement and equipment upgrade project, and the 1 million tons/year phosphogypsum harmless treatment and renovation project are all progressing steadily. The bank expects the company's 2025-2027 EPS to be 1.2/1.6/2.86 yuan respectively, maintaining a “buy” rating.