---
title: "SQ Group issued a profit forecast, with net profit attributable to the parent company for the first half of the year expected to be between 491 million yuan and 513 million yuan, an increase of 48.19% to 54.83% year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/247594367.md"
description: "SQ Group expects its net profit attributable to shareholders in the first half of 2025 to be between 491 million and 513 million yuan, an increase of 48.19% to 54.83% year-on-year. Benefiting from the rapid development of global AI computing power construction, high-frequency communication, new energy vehicles, and energy storage, the company's production lines for advanced electronic materials and battery materials are gradually achieving full production and sales, expanding market share and improving overall performance"
datetime: "2025-07-08T08:26:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/247594367.md)
  - [en](https://longbridge.com/en/news/247594367.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/247594367.md)
---

# SQ Group issued a profit forecast, with net profit attributable to the parent company for the first half of the year expected to be between 491 million yuan and 513 million yuan, an increase of 48.19% to 54.83% year-on-year

According to the announcement from SQ Group (605589.SH), it is expected to achieve a net profit attributable to the parent company of between 491 million yuan and 513 million yuan in the first half of 2025, an increase of 48.19% to 54.83% year-on-year.

In the first half of the year, benefiting from the rapid development of global AI computing power construction, high-frequency communication, new energy vehicles, and energy storage, the company's advanced electronic materials and battery materials experienced significant growth. The production capacity of the company's 1,000 tons/year PPO resin and 1,000 tons/year porous carbon production lines has been gradually released, achieving full production and sales; by expanding into new fields and developing new applications, the market share of the synthetic resin industry has increased, resulting in steady sales growth; the Daqing production base's "1 million tons/year biomass refining integrated (Phase I project)" has been operating steadily, with capacity utilization continuously improving, leading to reduced losses during the reporting period, which has positively contributed to the overall performance of the company

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