Shanghai Huayi Group discusses half-year results, strategic developments

Shanghai Huayi Group (SSE:600623) held its 2025 half-year results briefing on October 21, 2025, engaging in interactive communication with investors. Participants included director and president Mr. Qian Zhigang, independent director Mr. Cheng Lin, and cfo and board secretary Mr. Xu Liheng. The company addressed various concerns within the scope of information disclosure.

Key discussions included the temporary shutdown of subsidiary Shanghai Energy Chemical's Wujing base, aligning with government industrial adjustment plans. The company confirmed its cash acquisition of 60% equity in San Ai Fu in 2025 adheres to payment regulations for small and medium-sized enterprises. Updates were also provided on San Ai Fu's liquid cooling products, which are applied in data centers and semiconductors, and Huayi Resin's high-purity epoxy resins, used in semiconductor devices and energy storage chips.

Additionally, Shanghai Huayi Resin confirmed its continued status as a qualified supplier for AVIC High-Tech for aerospace-grade epoxy resins. The company’s flexible display products, specifically polyimide, have achieved commercial sales. Shanghai Huayi Group reiterated that future plans for the Wujing base land will follow overall government planning.