The Zhitong Finance App learned that China Heart Link Chemical Fertilizer (01866) rose nearly 6% in the intraday period. As of press release, it had risen 5.8% to HK$9.945, with a turnover of HK$5.8796 million.
According to the news, recently, China Xinlianxin Chemical Fertilizer's performance is forecast. The group expects to achieve net profit of about RMB 1.15 billion to RMB 1.23 billion in the first half of 2026, an increase of 52% to 62% over the previous year; the net profit range that company owners should account for is estimated to be about RMB 850 million to RMB 920 million, an increase of 42% to 54% year on year. During the reporting period, the Group's performance is expected to achieve significant growth, mainly due to the full release of large-scale efficiency and continuous optimization of the product structure. The volume and price of main products have risen sharply, driving up the overall gross profit level.
CICC released a research report saying that with the expansion of new production capacity and the continuous upgrading of technology, the bank believes that the scale effect of China Heart to Heart Chemical Fertilizer will be further highlighted, and the cost advantage is expected to be consolidated and increased. CICC said that the market is worried that domestic urea supply will exceed demand, but the bank believes that currently urea profits are low in the cycle, there is limited room for price decline, and that the company has a cost advantage in leading industries, and the expansion of production capacity is expected to drive the company's performance growth. Furthermore, the bank also believes that the company's potential catalysts include new production capacity driving performance growth and improved liquidity after entering Hong Kong Stock Connect.