Bohui Co., Ltd.: March 4 Investor Relations Activity Record, multiple institutions including Shenwan Lingxin, Shenwan Chemical, and others participated

Securities Star News, March 9, 2026: Bohui Co., Ltd. (300839) Investor Relations Activity Record, participated by Shenwan Lingxin, Shenwan Chemical, Shenwan Futures, Shenwan Hongyuan, Yinhua Fund.

The specific content is as follows:

Question: Please briefly introduce the company’s recent changes and new developments in the past few months.

Answer: The company established a fundamentally stable operating model in 2025. In recent months, it has been continuously optimizing equipment and processes, adjusting product strategies, and expanding business cooperation. First, the company completed raw material adaptability modifications and began production. This move mainly stabilized raw material quality and released production capacity. The company’s bonded high-sulfur fuel oil capacity can reach one million tons; second, the environmentally friendly aromatic hydrocarbon oil plant achieved stable and high output in 2025, reaching the best level since commissioning. Production and sales of transformer oil, base oil, white oil, and other products have increased; third, on the business side, domestically, the company has established good cooperation and communication with leading industry players like PetroChina and Sinopec, maintaining healthy business relations; internationally, import and export business remains stable.

The company has issued an earnings forecast; for 2025, it is expected to achieve operating revenue of 2.73 to 2.92 billion yuan, a year-on-year increase of 19.76% to 28.10%. Although profit has not yet been realized for the year, net profit attributable to shareholders is expected to grow by 77.19% to 84.36% year-on-year, with a significant narrowing of losses, indicating that the company’s fundamentals are steadily improving.

Question: Given the current international situation and frequent fluctuations in crude oil prices, how much do these macroeconomic factors impact the company?

Answer: The company’s main raw material is fuel oil, with current inventory sufficient for about two months of production. Raw material procurement is proceeding normally. Recently, raw material prices have fluctuated significantly, but product prices are also moving in line with market trends. Other related work is progressing steadily.

Question: Why did the company venture into liquid cooling business, and what is the current progress?

Answer: With the explosive growth in national computing power demand, there is space for development in the company’s liquid cooling field. Based on the company’s product applications aligning well with the liquid cooling industry, the company established a dedicated liquid cooling subsidiary, Wuxi Extreme Liquid Cooling, to build a professional team. The goal is to seize development opportunities and achieve breakthroughs in this field. Last year, the company set up a wholly owned subsidiary, Wuxi Extreme Liquid Cooling, which acquired servers and related equipment to provide intelligent computing services. Currently, these new businesses are progressing in an orderly manner. As a forward-looking direction, the company remains actively exploring, steadily advancing technological accumulation and resource integration, and preparing for future growth.

Question: What is the progress of the company’s private placement, and how much longer will it take to complete?

Answer: Regarding the company’s 2025 targeted share issuance, the first round of inquiry from the Shenzhen Stock Exchange has been completed. The relevant procedures are ongoing. The company will fulfill its disclosure obligations in a timely manner. Please pay attention to company announcements.

Question: How are the overall profit situation for Q4 and the full year 2025, and the contribution of various business segments?

Answer: The company has issued an earnings forecast and will release the 2025 annual report on April 23. You can review detailed information then.

Bohui Co., Ltd. (300839) main business: Research, development, production, and sales of specialty oils and fuel oils used across multiple fields.

According to Q3 2025 financial report, the company’s main revenue for the first three quarters was 2.04 billion yuan, up 34.24% year-on-year; net profit attributable to shareholders was -64.60 million yuan, up 59.85%; non-recurring net profit was -115 million yuan, up 31.26%. In Q3 2025 alone, the company’s quarterly main revenue was 698 million yuan, up 354.05% year-on-year; quarterly net profit attributable to shareholders was -5.31 million yuan, up 90.42%; quarterly non-recurring net profit was -20.15 million yuan, up 67.64%. The debt ratio is 56.84%, investment income is 43.50 million yuan, financial expenses are 36.95 million yuan, and gross profit margin is 2.14%.

The above content is compiled from publicly available information by Securities Star, generated by AI algorithm (Network Credit Code 310104345710301240019), and does not constitute investment advice.