Meiside’s revenue in the first half of the year increased by more than 10%, and the diversified industrial layout of polyurethane additives was launched

Latest News: Meside released the 2022 semi-annual report on August 20. The company achieved revenue of 275 million yuan, a year-on-year increase of 11.26%; net profit attributable to shareholders of the listed company was 38.6895 million yuan, a year-on-year increase 4.64%.

In the first half of the year, Meside adhered to the “two-wheel drive” strategy, actively explored both domestic and international markets, deeply cultivated market demand, and expanded application fields. The company pays attention to the application of polyurethane in the LNG ship manufacturing industry, develops corresponding products and actively cooperates with outstanding enterprises in the industry, helping customers realize the localization of key auxiliary products and entering another high-end application field in the polyurethane rigid foam industry. The company has also developed low-volatile silicone oil for the furniture industry that meets EU standards and IKEA (IKEA) standards, and has been recognized and used by high-end sponge manufacturers at home and abroad.

The company has successfully developed and industrialized a total of 7 new products. These mid-to-high-end new varieties and cost-effective products have formed a market-competitive product series, which has been recognized by the market and has been sold in batches; it has increased the company’s market share and provided continuous business growth. strong support.

Meside completed the non-public offering project in the first half of the year, and raised a total of 420 million yuan. The fund-raising project “45,000 tons/year organic amine series product project (the first phase of 25,000 tons/year organic amine catalyst project)” has started construction .

While building the core competitiveness of the main business of foam stabilizers, Meside has started the diversified industrial layout of polyurethane additives, actively promoted the strategic synergy of the two business segments of foam stabilizers and catalysts, and developed domestic and foreign markets for the key polyurethane additives business. The layout broadens the product line and development space of the enterprise.

In May 2022, the “Development and Industrialization of New Generation Polyurethane Foam Stabilizer” project undertaken by the company passed the appraisal of scientific and technological achievements organized by China Petroleum and Chemical Industry Federation. Academicians and experts believe that the overall technical level of the project has reached the international advanced level. Level.