Dier Chemical today closed up 4.17%: Focused on the research and sales of products such as nitric acid and its downstream products including potassium nitrate, magnesium nitrate, and nitro water-soluble fertilizers.

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On February 24, BeiJiaoShu listed company Dier Chemical (920304) rose, closing at 13.75 yuan per share, up 4.17%.

Tongbi Finance learned that the company specializes in the research, production, and sales of nitric acid and its downstream products such as potassium nitrate, magnesium nitrate, and nitro water-soluble fertilizers. Its products are widely used in solar thermal power generation and energy storage, chemical industry, fertilizers, military industry, and electronic component manufacturing. The company has established a complete independent intellectual property rights technology system.

As a core upstream raw material in the industry chain, nitric acid market demand continues to expand, with global and domestic markets growing in tandem, and industry scale steadily increasing. The global nitric acid market shows a stable growth trend, with the market size surpassing $15.3 billion in 2025, reaching $15.356 billion, and is expected to further grow to $19.696 billion by 2032. From 2025 to 2032, the compound annual growth rate (CAGR) is 3.62%. This growth trend is closely related to the widespread industry applications of nitric acid. The domestic market, supported by large downstream chemical and agricultural demands, has become a core growth driver in the global nitric acid market.

The industry has broad prospects and strong growth momentum. Fine, diversified, and high-end development has become the main focus, and nitric acid and its downstream products will continue to benefit from downstream industry development dividends. In the future, as global industrial upgrading and agricultural refinement continue, the market demand for nitric acid will remain steadily growing, supporting the continuous development of downstream products; potassium nitrate will benefit from increasing agricultural demand and expansion into new energy fields, with market size steadily expanding; magnesium nitrate will rely on downstream multi-field demand release, with output and market scale continuously rising; nitro water-soluble fertilizers will align with modern agricultural development trends, with market penetration increasing and growth far exceeding industry averages.

In terms of performance, according to the company’s disclosed 2025 third-quarter report, it achieved operating revenue of 483.8 million yuan and net profit of 45.18 million yuan.

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