The A-share silicone sector surged in the afternoon, with Dongyue rising nearly 10%, and Chenguang New Materials, GUIBAO TECH, YANGZHOU CHENHUA, Jiangxi Hungpai New Material, and Hoshine Silicon also following suit

Chenguang New Materials: Progress Announcement on the 50 Million Guarantee for Anhui Chenguang

Jiangxi Chenguang New Materials released a progress announcement regarding the guarantee limit for 2025. In 2025, the company signed a contract with the Tongling branch of Bank of China to provide a guarantee for Anhui Chenguang's debt of 50 million, with the guarantee period lasting until September 7, 2026. Anhui Chenguang is its wholly-owned subsidiary, with total assets of 835.3438 million yuan and liabilities of 679.9617 million yuan as of June 30. As of the announcement date, the company and its subsidiaries have external guarantees totaling 1.34763 billion yuan, accounting for 61.14% of the most recent audited net assets, with no overdue guarantees

Chenguang New Materials released its semi-annual performance, with a net loss attributable to the parent company of 4.29 million yuan, turning from profit to loss year-on-year

According to the Zhitong Finance APP, Chenguang New Materials disclosed its semi-annual report for 2025. During the reporting period, the company achieved revenue of 517 million yuan, a year-on-year decrease of 10.39%; the net profit attributable to shareholders of the listed company was a loss of 4.29 million yuan, turning from profit to loss year-on-year; the net profit excluding non-recurring gains and losses was a loss of 34.64 million yuan, also turning from profit to loss year-on-year; basic earnings per share were -0.01 yuan

Chenguang New Materials: Net profit loss of 4.2899 million yuan in the first half of 2025

Chenguang New Materials announced that its operating revenue in the first half of 2025 was 517 million yuan, a year-on-year decrease of 10.39%. The net profit was a loss of 4.2899 million yuan, compared to a net profit of 41.9249 million yuan in the same period last year

Chenguang New Materials: The design capacity of the "23,000 tons per year specialty organic silicon materials project" for aerogel is 2,000 tons/year

Chenguang New Materials announced that the designed production capacity of aerogel in its "Annual Production of 23,000 Tons of Specialty Organic Silicon Materials Project" is 2,000 tons/year, and it has now entered the formal production stage. At the same time, its wholly-owned subsidiary Anhui Chenguang New Materials Co., Ltd. is fully constructing the "Annual Production of 300,000 Tons of Functional Silane Project." The first phase of Ningxia Chenguang New Materials Co., Ltd.'s "Annual Production of 300,000 Tons of Silicon-based and Aerogel New Materials Project" is expected to begin trial production in the second half of 2024, with plans to advance the second and third phases of the project in 2025