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Corporate column
lHuashuo Mining Co., Ltd. in Yudu County On August 6th, the Administrative Approval Bureau of Ganzhou City announced the acceptance status of the environmental impact assessment for the Aonao Fluorite Mine project in Yudu County, Jiangxi Province. The project is invested and constructed by Duxian Asus Mining Co., Ltd., located in Jingwei Village, Huanglin Township, Duxian County. The total investment is 531 million RMB, including 7.675 million RMB for environmental protection investment. The project plans to increase the mining scale from 210000 t/a to 390000 t/a, using underground mining methods. The total service life is 17.9 years (including a 2-year infrastructure period), and it is expected to produce 186000 tons of fluorite concentrate with a grade of 97% annually. The project will be constructed in two phases, with the first phase lasting 7 years (including infrastructure construction) and the second phase lasting 10.9 years, with a total designed utilization resource reserve of 5.8128 million tons.
lAohong (Shandong) Environmental Protection Materials Co., Ltd On August 6th, the Ecological Environment Bureau of Zibo City announced the acceptance status of the environmental impact assessment for the first phase of the refrigerant recovery, regeneration, storage, mixing, and packaging project of Aohong (Shandong) Environmental Protection Materials Co., Ltd. The project is located in Gaoqing Chemical Industry Park, with a total investment of 500 million yuan. The first phase investment is 300 million RMB(environmental protection investment of 12.5 million RMB, accounting for 4.17%), and the construction period is 12 months. The first phase of the project will construct tank farms, distillation and purification facilities, add 70 sets of equipment, recycle 10000 tons of waste refrigerants annually, and mix and distribute 1100t/a of HCFCs refrigerant, 7120t/a of HFCs refrigerant, and 9000t/a of HFO refrigerant.
lShandong Dongyue Future Hydrogen Energy Materials Co., Ltd The 1.5 million square meter fuel cell membrane and supporting chemical industrial transformation project of Shandong Dongyue Future Hydrogen Materials Co., Ltd. entered the stage of environmental impact assessment acceptance and public announcement on August 6th. This project is a technological renovation project located in the existing southern factory area of the enterprise, with a total investment of 10 million RMB. The main construction content is to renovate the existing 60 t/a deep processing unit for perfluorosulfonic acid resin, add 140 t/a of production capacity, and achieve a total annual output of 200 tons of perfluorosulfonic acid resin powder after completion. The project is expected to be completed and put into operation in December 2026.
lWengfu, Hubei The Hubei Wengfu Haiyu Anhydrous Hydrogen Fluoride Project is jointly invested by Wengfu Group and China National Offshore Oil Corporation Dayukou Company with a total investment of 410 million RMB to fill the gap in high-end fluorine materials in Central China. The first phase will form a production capacity of 20000 t/a of high-purity anhydrous hydrogen fluoride and 20000 t/a of electronic grade hydrofluoric acid. After the completion of the first phase, the annual sales revenue will be about 210 million RMB.
lHuayi Group Huayi Group stated that its subsidiary, San Ai Fu Company, has successfully achieved sales of the fourth generation refrigerant HFO-1234yf and promoted it smoothly. At present, the domestic refrigerant market is in the final stage of the second generation, dominated by the third generation, and in the initial stage of the fourth generation. With the tightening of environmental standards, the risk of technological obsolescence of fourth generation products is relatively low. San Ai Fu has over a hundred patents and is continuously expanding its presence in response to market demand, while also extending its technology to the field of new energy materials.
lGold and stone resources The progress of the Jinshi Resources Mongolia project is smooth, and the main pre-treatment works have been basically completed. Currently, the raw ore pre-treatment is being carried out and a closed crushing system is being added to ensure normal production in winter. At the same time, the construction of mineral processing plants and supporting infrastructure such as water and electricity are also being promoted simultaneously.
lDongyue Group Dongyue Group plans to adjust the use of HKD 191.9 million of unused allocation funds, which were originally intended for investment in PVDF and PTFE production lines due to market supply and demand imbalances, resulting in lower than expected returns. We will now transfer the funds to upgrade the quality of PTFE products, green and intelligent transformation of tetrafluoroethylene, and pilot projects for tetrafluoropropene production. To seize the development opportunities of high-end fluorinated polymer materials and new coolant markets. As of the announcement date, the allocated funds have been used up to HKD 56.8 million.
lKent Corporation Kent Group (through its wholly-owned subsidiary Tianjin Fluorofilm New Materials) has industry accumulation in the field of fluoroplastics. Its predecessor was Tianjin Ninth Plastic Products Factory, a backbone enterprise of fluoroplastic products in China. The company's business covers the military industry (seals, functional structural components, PTFE membranes), general machinery, new energy vehicles, nuclear power, rail transit, and medical equipment. PEEK materials are widely used, but the contribution of fluoroplastic related businesses to the overall performance of the company is currently limited.
lLiwen Chemical Industry In the first half of 2025, the Polytechnic achieved a revenue of HKD 1.932 billion (a slight decrease of 2.9% year-on-year) and a net profit of HKD 327 million (a significant increase of 36% year-on-year). Benefiting from the decrease in energy and raw material costs, the gross profit margin increased by 7.4 percentage points to 36.3%, and the net profit margin reached 16.9% (year-on-year+4.8 percentage points). Despite the influence of geopolitical factors on market sentiment, significant improvements in profitability have been achieved through cost control.
lJiangsu Ankao New Materials Co., Ltd. Jiangsu Ankao New Materials' annual production of 2500 tons of high-end fluorine materials project covers an area of about 57 acres, with a building area of about 17000 square meters. Currently, the foundation of warehouse one, two, three and tank area has been completed; The reinforcement binding for the foundation of the auxiliary factory building has been completed; The first floor structure of the auxiliary room in the wastewater and exhaust gas area has been completed, and the second floor structure is under construction. The project has an investment of 200 million RMB and produces 2500 tons of high-end fluorine materials annually, including 500 tons of perfluoroisobutyronitrile, 1000 tons of hexafluoropropylene dimer, and 1000 tons of perfluoroisobutyl methyl ether.
lChanglu New Materials Company Fluorinated Organic New Materials Tianjin Economic Development Zone - Changlu New Materials Company's Hydrofluoroether Project (Phase II) has recently topped out its main structure and is expected to be put into operation in 2026. The project covers a total area of 120800 square meters and will construct two sets of Hydrofluoroether units and supporting public works. After reaching production capacity, the annual production capacity will be 2072 tons and the output value will exceed 400 million RMB. The project integrates resources from the Beijing Tianjin Hebei region. During the construction process, through "land acquisition and start construction", BIM technology optimization, and efficient management, equipment procurement exceeded 70% and the first batch qualification rate was 100%, helping domestic semiconductors and key aerospace materials to be independently controllable.
Source: Fluorine Chemical Public account, Fluorine Chemical Industry Circle Public Account
