近日，宿迁联盛科技股份有限公司发布业绩预告，预计2025年净利润将为负值。这一预警主要源于多重因素叠加影响：一方面，全球化工行业整体需求疲软，导致公司主营产品——高分子材料助剂的销售价格和销量双双承压；另一方面，原材料成本持续高位运行，进一步压缩了利润空间。此外，公司在2024年至2025年期间加大了对绿色低碳技术及高端功能助剂的研发投入，短期内尚未形成规模化收益，也对当期利润造成一定拖累。宿迁联盛作为国内领先的高分子材料助剂供应商，近年来积极布局全球化产能与高端产品线，但行业周期性波动与市场竞争加剧使其面临阶段性挑战。公司表示，尽管2025年可能出现亏损，但其核心业务基本面依然稳健，客户结构持续优化，且在阻燃剂、抗老化剂等细分领域具备较强技术壁垒。未来，公司将通过降本增效、加快新产品商业化进程以及拓展海外市场，力争在2026年实现业绩修复与可持续增长。投资者需理性看待短期盈利波动，关注企业长期战略落地与技术积累带来的潜在价值。
Recently, Suqian Liansheng Technology Co., Ltd. issued a profit warning, forecasting a net loss for fiscal year 2025. This outlook stems from a confluence of factors: on one hand, weak global demand in the chemical industry has exerted downward pressure on both the selling prices and volumes of the company’s core products—polymer additives; on the other, persistently high raw material costs have further squeezed profit margins. Additionally, the company significantly increased R&D investment between 2024 and 2025 in green, low-carbon technologies and high-end functional additives, which have yet to generate substantial revenue at scale, thus weighing on near-term profitability.As a leading Chinese supplier of polymer additives, Suqian Liansheng has been actively expanding its global production capacity and premium product lines. However, cyclical industry fluctuations and intensifying market competition have created short-term headwinds. The company emphasized that despite the anticipated 2025 loss, its core business remains fundamentally sound, with an improving customer portfolio and strong technological barriers in niche segments such as flame retardants and anti-aging agents. Moving forward, it plans to restore profitability by 2026 through cost optimization, accelerated commercialization of new products, and overseas market expansion.Investors are advised to view short-term earnings volatility rationally and focus on the long-term strategic execution and technological accumulation that underpin the company’s future value.
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