Poly Union Chemical Holdings Group Co., Ltd. 2025 Annual Report Summary
Securities Code: 002037 Securities Abbreviation: Poly Union Announcement Number: 2026-16
I. Important Notice
This annual report summary is derived from the full annual report. To fully understand the company's operating results, financial status, and future development plans, investors should carefully read the full annual report on the media designated by the China Securities Regulatory Commission.
All directors attended the board meeting that reviewed this report.
Non-standard Audit Opinion Notice □ Applicable Not Applicable
Board Resolution on Profit Distribution Plan or Capital Reserve to Share Capital Increase Plan for the Reporting Period □ Applicable Not Applicable
The company plans to not distribute cash dividends, issue bonus shares, or convert capital reserves to share capital.
Board Resolution on Preferred Share Profit Distribution Plan for the Reporting Period □ Applicable Not Applicable
II. Basic Company Information
- Company Profile
Stock Abbreviation: Poly Union Stock Listing Exchange: Shenzhen Stock Exchange Stock Code: 002037 Previous Stock Abbreviation (if any): Jiuli Development
Contacts and Contact Information Name: Zhang Baoliang Title: Secretary of the Board Title: Ling Li
Office Address: 6th Floor, Building 1, Shilin East Road, Guanshanhu District, Guiyang City, Guizhou Province Fax: 0851-86748121 Telephone: 0851-86751504 Email: bllh@polyunion.cn
Office Address: 6th Floor, Building 1, Shilin East Road, Guanshanhu District, Guiyang City, Guizhou Province Fax: 0851-86748121 Telephone: 0851-86751504 Email: wangl@polyunion.cn
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Introduction to Main Business or Products for the Reporting Period
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Main Business of the Company
The company's main business scope includes R&D, production, sales, blasting, and distribution of civil explosive products and equipment, as well as integrated business operations in engineering technical services, design, and construction. It also engages in ecological industry operation and management. Its main products are industrial explosives and industrial detonators. The permitted production capacity for industrial explosives is 484,500 tons; the permitted production capacity for electronic detonators is 161.65 million units. Its civil explosives production capacity ranks among the top in the country. The company possesses the qualifications for R&D and production of equipment such as mixed-load trucks for explosives and underground loading vehicles.
(1) R&D, Production, and Sales of Civil Explosives and Equipment
The company has been deeply involved in the civil explosives field for many years, establishing production bases across China, including Guizhou, Henan, Gansu, Tibet, Shandong, Hebei, Xinjiang, Liaoning, and Hunan. It can provide users with a full range of industrial explosives and industrial detonators, as well as customized civil explosive products tailored to specific user needs. The products are widely used in mining, water conservancy and hydropower, infrastructure construction, and national defense. The company's products are sold throughout China, with some exported overseas. Relying on its professional technical team and continuous innovation, the company has successfully developed leading domestic electronic detonator production technology, equipment, and products, with its civil explosives production intelligence and automation levels ranking among the industry's forefront.
(2) Engineering Blasting Services