Gelonghui August 14?Danhua science and technology(600844.SH) released the 2019 semi-annual report, realizing operating income of 517 million yuan, down 15.26% from the same period last year; the net loss belonging to shareholders of listed companies was 111 million yuan, an increase of 1.96 times over the same period last year; and the basic loss per share was 0.1096 yuan.

The Tongliao Gold Coal capacity expansion technical renovation project, a subsidiary of the company, was successfully debugged in the second half of last year, and its operation was gradually stable, and the ethylene glycol production capacity increased steadily. In the first half of this year, a total of 85600 tons of ethylene glycol and 45700 tons of oxalic acid were produced, up 80.97% and 8.81% respectively over the same period last year. However, affected by the sharp decline in the ethylene glycol market, the company's profitability fell sharply. In the first half of the year, the average non-tax price of the company's oxalic acid products was 2799.46 yuan / ton, down about 7% compared with the same period last year; the average tax-free price of ethylene glycol, the main product, was 3993.12 yuan / ton, down about 37.42% from the same period last year, resulting in operating losses.

Controlling Sun Company Jiangsu Jinju catalyst for the first half of the year no external sales, mainly to ensure the supply of Tongliao Gold Coal Ethylene Glycol Project, but also actively carry out external publicity and marketing work. On this basis, the company also conducts research assistance to the company's PGA project, in the hope that the company's new PGA products can be introduced to the market as soon as possible.