三美股份（603379）：三美股份(603379)：制冷剂价格弹性推动业绩高增长,液冷方案革新带来新亮点250825

<p style="text-indent:28px"><span style="font-size: 14px;"><span style="">氟制冷剂持续处于景气上行通道中，均价同比高增带动业绩</span><span style="">2025 </span><span style="">年，第二代氟制冷剂（</span><span style="">HCFCs</span><span style="">）生产配额进一步削减，第三代氟制冷剂（</span><span style="">HFCs</span><span style="">）继续实行生产配额管理，竞争格局持续优化，下游空调、汽车、冷链等需求快速增长，制冷剂整体市场价格持续上行。</span><span style="">2025 </span><span style="">年上半年，公司氟制冷剂、氟发泡剂、氟化氢营收分别为 </span><span style="">24.19</span><span style="">、</span><span style="">0.98</span><span style="">、</span><span style="">2.76 </span><span style="">亿元，分别同比变化</span><span style="">+46.71%</span><span style="">、</span><span style="">+15.33%</span><span style="">、</span><span style="">+1.80%</span><span style="">；销售均价分别同比变化</span><span style="">+56.53%</span><span style="">、</span><span style="">+36.87%</span><span style="">、</span><span style="">+11.79%</span><span style="">；产量分别同比变化</span><span style="">+0.51%</span><span style="">、</span><span style="">+11.69%</span><span style="">、</span><span style="">-4.00%</span><span style="">，外销量分别同比变化</span><span style="">-6.27%</span><span style="">、</span><span style="">-15.74%</span><span style="">、</span><span style="">-8.94%</span><span style="">。</span></span></p><p><br/></p>