The refrigerant industry continues to improve, leading companies significantly increase their forecasts for the first half of the year

The refrigerant industry continues to improve, and leading companies are expected to see a collective surge in performance in the first half of this year. Recently, several fluorochemical listed companies, including ZJJH, Sanmei, Yonghe, and GD HEC CO.,LTD, have successively disclosed announcements of expected performance increases for the first half of 2025, with net profit growth rates all exceeding 100%. Multiple securities firms have expressed an optimistic outlook on the refrigerant industry's performance in the second half of this year in their latest research reports. Everbright Securities believes that, overall, based on the issuance of refrigerant quotas in 2025, the second-generation refrigerants are basically in line with expectations, while the third-generation refrigerants have been reduced beyond expectations. The supply side of refrigerants is being orderly reduced, and the demand side is expected to steadily grow under the catalysis of policies such as replacing old with new domestically, maintaining a positive outlook on the upward trend of the refrigerant industry