Securities code: 600426 securities abbreviation: Shandong Hualu-Hengsheng Chemical Co.Ltd(600426) No.: pro 2022-003 Shandong Hualu-Hengsheng Chemical Co.Ltd(600426)
Supplementary announcement on successful research and development of new products
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Shandong Hualu-Hengsheng Chemical Co.Ltd(600426) (hereinafter referred to as “the company”) was posted on the website of Shanghai Stock Exchange (www.sse. Com. CN.) on January 18, 2022 And relevant media have disclosed the announcement on successful research and development of new products (Announcement No.: 2022-002), and now the risk tips are supplemented:
1. The impact of new products on the company’s performance in 2022 is uncertain
Methyl ethyl carbonate and diethyl carbonate are the pilot test products of the company, and the pilot test system is still under further optimization. The future sales situation and market satisfaction remain to be observed. There is a risk of new product market promotion, and there is uncertainty about the impact on the company’s performance in 2022.
2. The company’s main business has not changed
The company’s main business has not changed significantly, and its main products are still fertilizers, organic amines, acetic acid and derivatives, adipic acid and intermediate products, polyols, etc. Although the company has entered the lithium battery electrolyte solvent industry, the operating revenue of lithium battery electrolyte solvent products accounts for a relatively small proportion.
3. Industry risk
Recently, there are many new energy related product production plans released in the market, and there are uncertainties in the industry development trend and market changes. In the future, the carbonate industry may face more fierce competition, which will affect the product market supply and demand and price, and may lead to changes in product profitability.
It is hereby announced.
Shandong Hualu-Hengsheng Chemical Co.Ltd(600426) board of directors
January 18, 2022
