The Zhitong Finance App learned that China Heart Link Chemical Fertilizer (01866) rose by more than 4%. As of press release, it had risen 4% to HK$11.17, with a turnover of HK$64.1663 million.
According to news, in the first half of this year, China Xinlianxin Chemical Fertilizer received revenue of about 15.740 billion yuan, an increase of 24% over the previous year; net profit to mother was about 921 million yuan, an increase of 54% over the previous year, close to the net profit level for the full year of 2025. The sharp increase in profit was mainly due to a marked increase in gross margin driven by increased sales volume of urea and synthetic ammonia and lower costs, as well as an increase in gross margin driven by rising prices of self-produced chemicals such as methanol, DMF, and melamine.
In terms of capacity expansion, the Xinxiang base's new chemical materials and high-efficiency fertilizer project was put into operation on September 4. The large-scale project at the Zhundong base is expected to be completed and put into operation in the fourth quarter; the large-scale project at the Guangxi base is also progressing steadily according to the plan, and is expected to be completed and put into operation in the third quarter of 2027. As new production capacity is launched one after another, the group scale effect will be further unleashed, driving down unit production costs, continuing to consolidate the competitive advantage of cost, and lay a solid foundation for the continuous development of the enterprise.
It is worth mentioning that since September 7, China Heart Link Chemical Fertilizer was officially included in the Hong Kong Stock Connect, unlocking the southbound capital channel. After the opening of the southbound capital channel, the company's market attention continued to increase, and expectations for improved liquidity were gradually realized. As more domestic and foreign institutional investors enter the field of vision, the increase in the company's market value and liquidity is expected to support its business expansion and long-term value release.