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