---
title: "Changhong Polymer: Net profit in the first half of the year is expected to decrease by 93.79% to 95.86% year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/248371020.md"
description: "Changhong Polymer expects its net profit in the first half of 2025 to decrease by 93.79% to 95.86% year-on-year, with a projected net profit attributable to shareholders of the listed company ranging from 4 million to 6 million yuan. Its subsidiary, Zhejiang Changhong Biomaterials Co., Ltd., underwent a technical upgrade of the PBT facility in the first quarter, resulting in a longer downtime that affected production. In addition, insufficient market demand has led to a decline in product sales prices greater than the decline in raw material prices, resulting in a decrease in gross profit margin"
datetime: "2025-07-14T08:34:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/248371020.md)
  - [en](https://longbridge.com/en/news/248371020.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/248371020.md)
---

# Changhong Polymer: Net profit in the first half of the year is expected to decrease by 93.79% to 95.86% year-on-year

Changhong Polymer disclosed its performance forecast on the evening of July 14, estimating that the net profit attributable to shareholders of the listed company in the first half of 2025 will be between 4 million and 6 million yuan, a decrease of 93.79% to 95.86% year-on-year. During the reporting period, its subsidiary Zhejiang Changhong Biomaterials Co., Ltd. carried out technical upgrades to the PBT unit in the first quarter of 2025 to improve the production efficiency of existing facilities, which resulted in a longer downtime affecting output; at the same time, due to insufficient market demand in stages, the decline in product sales prices was greater than the decline in raw material prices, leading to a decrease in gross profit margin

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