All listed companies producing DMF in China include Hualu Hengsheng, Zhejiang Jiaoke and Lusi Chemical, the details are as follows:
1, Hualu Hengsheng
Stock Code: 600426; Stock Abbreviation: Hualu Hengsheng; Company Code: 03130131; Publishing Date: 2006-7-13; Company's Legal Chinese Name: Shandong Hualu Hengsheng Chemical Co. Ltd. is one of the top 100 petroleum and chemical industry comprehensive efficiency and one of the 200 key enterprise groups in Shandong Province, with total assets of more than 5 billion yuan and 3,300 employees.
The company's products involve four series of fertilizers, chemicals, thermoelectricity and gases, with an annual output of 1 million tons of urea, 1 million tons of ammonia alcohol, 230,000 tons of DMF, 200,000 tons of mixed-methylamine, 200,000 kilowatts of power generation, 20 million GJ of heat supply, and 100,000 tons of industrial gases, and it is one of the nation's large-scale chemical fertilizer enterprises and the world's largest supplier of DMF. The leading product "Youyi" brand urea is China famous brand and national inspection-free product.
2, Zhejiang Jiaoke
Zhejiang Jiaoke (002061) Vice Chairman, General Manager Dong Xingming, the company's DMF, DMAC products in the industry's leading position, the company has been continuously digging potential, cost reduction and efficiency.
Zhejiang Jiaotong Science and Technology Co., Ltd. formerly known as Zhejiang Jiangshan Chemical Co., Ltd. is mainly engaged in the production and sale of DMF, DMAC, maleic anhydride and polycarbonate (PC).At the end of 2017, the infrastructure engineering business was injected through a major asset reorganization to realize the two main industries of transportation new materials plate and infrastructure engineering plate, with a dual-wheel drive and complementary advantages, further enhancing the quality of listed companies' assets and profitability.
3, Luxi Chemical
Luxi Chemical Group Co., Ltd. is a listed company approved by the China Securities Regulatory Commission in March 1998 and listed on the Shenzhen Stock Exchange in May 1998, stock code: 000830, stock abbreviation: Luxi Chemical. The industry involves chemicals, fertilizers, equipment manufacturing and installation and chemical research and design.
Luxi Chemical has an annual production capacity of 4 million tons of chemical products and 3.5 million tons of fertilizer products, and an annual manufacturing capacity of more than 150,000 tons of chemical equipment.
Extended Information
Industry Trends:
It is expected that the domestic DMF market will maintain a tight balance between supply and demand, and in the short term, the industry's supply may continue to shrink, and manufacturers' inventories are also at a low level, so it is expected that the DMF is still rising. Listed companies, Hualu Hengsheng is the domestic DMF industry leader; Lusi Chemical has 100,000 tons of DMF production capacity.
Hualu Hengsheng benefit:
In the first half of 2020, although by the new crown pneumonia impact of shrinking demand, trade protection escalation, crude oil prices fluctuate sharply, the main chemical product prices fell sharply year-on-year, but the company by virtue of the cost advantage and product production and sales volume of the timely adjustment of the 2020H1 to achieve revenues of 5.99 billion yuan, the attributable net profit of 990 million yuan. 2020Q2 single Quarterly net profit of 470 million yuan, +10.2% sequentially.