Juhua Chemical guarantees loans for subsidiaries, reports strong Q3 performance

Zhejiang Juhua announced new guarantees for its subsidiaries, including a RMB2.41 bn loan for Zhejiang Jinju Chemical Co., Ltd. and a $163.35m guarantee for Juhua Trading (Hong Kong) Co., Ltd. An additional RMB900m guarantee was provided for Global Fluorochemicals Factory Co., Ltd. These guarantees aim to support the subsidiaries' daily operations and development. The total outstanding external guarantees by Zhejiang Juhua and its controlled subsidiaries reached RMB68.54 bn as of the announcement date, representing 3.57% of the company's net assets as of year-end 2024, with no overdue guarantees.

The company's Q3 2025 financial report indicates a positive performance, with total operating income for the first three quarters of 2025 reaching RMB20.39 bn, a 13.89% increase from the prior year. Net profit attributable to shareholders surged by 186.55% to RMB3.25 bn. This growth was primarily driven by an increase in refrigerant product prices, which also pushed up basic earnings per share by 185.81% to RMB1.203.

Operational data shows a robust increase in product prices, particularly for refrigerants, which saw a 58.14% year-on-year price increase for the first nine months of 2025. While overall production and sales volumes for most products grew, food packaging materials experienced a decline in both output and sales due to weaker market demand, leading to decreased revenue. Raw material costs generally fell, except for anhydrous hydrofluoric acid, sulfur, and glycerin, which saw price increases.