According to the Huaan Securities Research Report, Wanhua Chemical's 26Q3 performance exceeded expectations, and the growth curve of new materials accelerated. Net profit attributable to owners of the parent company in the first three quarters of 2026 was 15.658 billion yuan, up 70.99% year on year; net profit attributable to parent company owners in the third quarter was 5.595 billion yuan, up 84.38% year on year. Sales in the three major segments increased sharply, and rising prices drove a high increase in revenue. Lithium iron phosphate production is expanding at an accelerated pace, and the new material matrix continues to improve. In the field of optical materials, improve the optical lens PC product series to achieve full industry coverage, and the optical business product line is becoming more and more complete. In the field of high-end polyolefin, the company accelerated the development of new downstream applications of POE and nylon 12, achieved breakthroughs in high-pressure XLPE of 220 kV and above, and continued to enrich the product matrix of high-end polyolefin and special materials. With the company's multiple petrochemical and new materials projects put into operation, the industrial chain layout continued to improve, maintaining a “buy” rating.

According to the Huaan Securities Research Report, Wanhua Chemical's 26Q3 performance exceeded expectations, and the growth curve of new materials accelerated. Net profit attributable to owners of the parent company in the first three quarters of 2026 was 15.658 billion yuan, up 70.99% year on year; net profit attributable to parent company owners in the third quarter was 5.595 billion yuan, up 84.38% year on year. Sales in the three major segments increased sharply, and rising prices drove a high increase in revenue. Lithium iron phosphate production is expanding at an accelerated pace, and the new material matrix continues to improve. In the field of optical materials, improve the optical lens PC product series to achieve full industry coverage, and the optical business product line is becoming more and more complete. In the field of high-end polyolefin, the company accelerated the development of new downstream applications of POE and nylon 12, achieved breakthroughs in high-pressure XLPE of 220 kV and above, and continued to enrich the product matrix of high-end polyolefin and special materials. With the company's multiple petrochemical and new materials projects put into operation, the industrial chain layout continued to improve, maintaining a “buy” rating.