Guizhou Chanhen Chemical Corp

On August 5, the phosphorus chemical sector saw unusual movement in late trading, with Chengxing shares surging straight up and hitting the daily limit in one minute, closing at 11.03 yuan per share and a total market value of 7.465 billion yuan. Xingfa Group, Chuan Jinnuo, and Chuanheng shares also rose in tandem. Chengxing expects its net profit attributable to the parent company for the first half of 2026 to be between 94.4 million and 140 million yuan, a year-on-year increase of 409% to 657%. The performance growth was mainly driven by the international geopolitical situation and demand from the new energy industry, with prices of yellow phosphorus and phosphoric acid products rising year-on-year and a significant increase in phosphoric acid sales. Public information shows that the company is mainly engaged in fine phosphorus chemical products such as yellow phosphorus, phosphoric acid, and phosphates, and has an integrated industrial chain from mining, power, and yellow phosphorus to fine phosphorus chemical products, with an annual production capacity of 160,000 tonnes of yellow phosphorus and 300,000 tonnes of phosphoric acid.

Recently, Guizhou listed companies have been intensively disclosing their first-half 2026 earnings forecasts, with many delivering impressive results. CNGR Advanced Material expects a net profit attributable to shareholders of 1.25 billion to 1.35 billion yuan, up 70.58% to 84.23% year-on-year, with core product sales exceeding 250,000 tonnes. Qian Yuan Power expects net profit to rise over 70% year-on-year. Anda Technologies, Panjiang Coal and Electric Power, and Chitianhua all turned losses into profits. At the same time, Guizhou listed companies are actively rewarding investors. Since the beginning of this year, cumulative cash dividends have reached 38.378 billion yuan, and share buybacks have totalled 3.387 billion yuan, both ranking first in the western region. The chairman of Qian Yuan Power has proposed a 2026 interim dividend, and companies including Kweichow Moutai, Guizhou Gas, and Vontron Technology have already made clear plans. In addition, Yibai Pharmaceutical and Guizhou Bailing recently disclosed that they will change the purpose of their share buybacks to cancellation and reduction of registered capital, while Chanhen Chemical completed the cancellation of 1.76 million repurchased shares in March this year.

Guizhou Chuanheng Chemical Co., Ltd. and its controlling subsidiary Guizhou Fulin Mining Co., Ltd. have recently obtained two patent certificates from the National Intellectual Property Administration. The invention patent, titled "A Hole Layout Structure and Construction Method for Cutting Raise Blasting Forming," is jointly held by Chuanheng Chemical and Fulin Mining. It enhances construction safety and quality through one-time hole formation and full-section blasting, and has already been applied in mine construction. The other utility model patent, titled "A Sludge Treatment System for Underground Sump in Phosphate Mines," is held by Fulin Mining. It aims to recover valuable resources from sludge, featuring a simple structure and low construction cost, and is currently undergoing pilot testing.