Shandong Haihua Co., Ltd. (Securities Abbreviation: Shandong Haihua; Securities Code: 000822.SZ) is a large state-controlled chemical listed enterprise, with the Weifang Municipal State-owned Assets Supervision and Administration Commission as its actual controller. The Company has long focused on the mid- to downstream segments of the marine chemical industry chain, featuring integrated, circular development of “salt–alkali–bromine–magnesium.” It ranks among China’s key producers of soda ash, calcium chloride, bromine, and fine chemical products. Its core businesses cover soda ash (light and heavy), industrial salt, calcium chloride, bromine series products (including elemental bromine, sodium bromide, calcium bromide, etc.), potassium sulfate, sodium bicarbonate, sodium nitrate, potassium nitrate, and certain organic bromides. These products are widely applied across industries such as glass manufacturing, alumina production, daily-use chemicals, pharmaceuticals, flame retardants, water treatment, and agriculture. Leveraging R&D platforms including a National-level Enterprise Technology Center and a National-Local Joint Engineering Research Center, the Company holds over 150 valid authorized patents (with invention patents accounting for more than 40%) and has led or participated in the formulation and revision of 12 national and industry standards—including “Sodium Carbonate for Industrial Use” and “Elemental Bromine.” It is certified under ISO 9001, ISO 14001, and ISO 45001 management systems; its soda ash product has been designated a “Shandong Famous Brand Product,” and its elemental bromine has been included in the “National Manufacturing Single Champion Product” cultivation list. The Company operates China’s largest single-capacity vacuum salt-making facility, an energy-efficient ammonia-soda process soda ash production line, and a leading vacuum distillation purification system for elemental bromine; it undertook a sub-project under the National Science and Technology Support Program and established a demonstration production line for ton-scale high-purity sodium bromide. Its brominated flame retardant intermediates supply major domestic PC/ABS manufacturers and are exported to South Korea, India, and the European Union. Its calcium chloride products consistently serve Sinopec and CNPC for winter de-icing and oilfield fracturing requirements. Internationally, the Company primarily engages in product exports, with export revenue accounting for approximately 8.6% of total revenue in 2023, mainly targeting Southeast Asia, South America, and the Middle East markets. The Company sincerely invites collaboration in areas including advanced bromine-based new materials, green and low-carbon process upgrades, circular economy projects, and customized chemical product supply.