资金面上看，今日磷化工概念板块获主力资金净流入14.28亿元，其中，33股获主力资金净流入，9股主 力资金净流入超5000万元，净流入资金居首的是湖南裕能，今日主力资金净流入4.03亿元，净流入资金 居前的还有华友钴业、洛阳钼业、云天化等，主力资金分别净流入2.90亿元、1.99亿元、1.62亿元。 份 资金流入比率方面，金浦钛业、湖南裕能、云天化等流入比率居前，主力资金净流入率分别为 47.49%、15.57%、10.60%。（数据宝） 磷化工概念资金流入榜 截至11月28日收盘，磷化工概念上涨2.32%，位居概念板块涨幅第5，板块内，49股上涨，金浦钛业、 安纳达等涨停，湖南裕能、川金诺、澄星股份等涨幅居前，分别上涨11.01%、8.50%、5.91%。跌幅居 前的有晨化股份、万盛股份、恒光股份等，分别下跌2.37%、2.35%、0.84%。 | 代码 | 简称 | 今日涨跌幅 | 今日换手率 | 主力资金流量（万 | 主力资金净流入比率 | | --- | --- | --- | --- | --- | --- | | | | （%） | （%） | 元） | （%） | | 301358 | 湖南裕 ...

截至11月27日收盘，磷化工概念上涨1.40%，位居概念板块涨幅第9，板块内，39股上涨，万盛股份涨 停，晨化股份、聚石化学、清水源等涨幅居前，分别上涨8.23%、4.76%、4.74%。跌幅居前的有粤桂股 份、宏达股份、雅克科技等，分别下跌1.98%、1.01%、0.98%。 今日涨跌幅居前的概念板块 | 000422 | 湖北宜 | 0.97 | 3.80 | -186.53 | -0.31 | | --- | --- | --- | --- | --- | --- | | | 化 | | | | | | 600727 | 鲁北化 | 0.43 | 0.84 | -209.63 | -6.68 | | | 工 | | | | | | | 四川美 | | | | | | 000731 | 丰 | 0.15 | 1.18 | -289.48 | -6.67 | | | 和邦生 | | | | | | 603077 | 物 | 0.00 | 1.44 | -412.67 | -1.51 | | | 川恒股 | | | | | | 002895 | 份 | 0.32 | 1.38 | -434.97 | -1.5 ...

证券日报网讯云天化（600096）11月26日在互动平台回答投资者提问时表示，截至2025年11月20日，公 司股东人数为10.36万户。 ...

Core Points - Yuntianhua (600096) reported a decrease in the number of shareholders to 103,600 as of November 20, down by 8,700 from the previous period, representing a decline of 7.75% [1] - The closing price of Yuntianhua was 30.31 yuan, down 0.62%, with a cumulative decline of 13.97% since the concentration of shares began, showing 3 days of increase and 9 days of decrease [1] - The latest margin trading data as of November 25 indicates a total margin balance of 2.163 billion yuan, with a financing balance of 2.157 billion yuan, reflecting an increase of 255 million yuan or 13.40% since the concentration of shares began [1] - The company's Q3 report showed a total revenue of 37.599 billion yuan, a year-on-year decrease of 19.53%, while net profit reached 4.729 billion yuan, an increase of 6.89%, with basic earnings per share at 2.5833 yuan and a weighted average return on equity of 20.03% [1] - In terms of institutional ratings, 13 institutions have given buy ratings in the past month, with Huatai Securities setting the highest target price at 44.66 yuan as of October 29 [1]

证券之星消息，11月24日农化制品板块较上一交易日下跌1.02%，蓝丰生化领跌。当日上证指数报收于 3836.77，上涨0.05%。深证成指报收于12585.08，上涨0.37%。农化制品板块个股涨跌见下表： 从资金流向上来看，当日农化制品板块主力资金净流出7.38亿元，游资资金净流入2.8亿元，散户资金净 流入4.58亿元。农化制品板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600096 | 云天化 | 9735.99万 | 6.70% | 3288.30万 | 2.26% | -1.30 Z | -8.97% | | 603360 百傲化学 | | 4906.48万 | 11.35% | -2047.16万 | -4.74% | -2859.32万 | -6.62% | | 002545 东方铁塔 | | 4553.66万 | 11.42% | -235.31万 | -0.59% | ...

Market Overview - The phosphate chemical sector declined by 0.88%, ranking among the top losers in the concept sector, with notable declines in companies such as Qing Shui Yuan, Ju Shi Chemical, and Chuan Neng Power [1] - In contrast, 21 stocks within the sector experienced price increases, with Wei Ling Co., Tian Ji Co., and Ya Ke Technology leading the gains at 10.03%, 4.18%, and 3.00% respectively [1] Capital Flow - The phosphate chemical sector saw a net outflow of 860 million yuan from major funds, with 33 stocks experiencing net outflows, and 8 stocks seeing outflows exceeding 50 million yuan [1] - The largest net outflow was from Huayou Cobalt, which recorded a net outflow of 361 million yuan, followed by Chuan Fa Long Mang, Hubei Yihua, and Chengxing Co. with net outflows of 144 million yuan, 109 million yuan, and 91.7 million yuan respectively [1] Top Gainers and Losers - The top gainers in the phosphate chemical sector included Wei Ling Co. with a 10.03% increase, while the largest declines were seen in Qing Shui Yuan, which dropped by 18.42% [1][2] - Other notable declines included Chuan Neng Power at -7.11% and Chengxing Co. at -6.22% [1][2] Fund Inflows - The stocks with the highest net inflows included Yun Tian Hua, China Chemical, and Wei Ling Co., with net inflows of 85.76 million yuan, 70.21 million yuan, and 62.52 million yuan respectively [3]

Group 1 - The chemical sector continues to experience a downward trend, with the Chemical ETF (516020) showing a decline of 0.39% as of the latest update, after a drop of over 2% during the day [1] - Key stocks in the lithium battery and phosphate chemical sectors have seen significant declines, with Enjie Co. down over 4%, and Hongda Co. and Chuanfa Longmang both down over 3% [1] - The Chemical ETF has shown a year-to-date increase of 24.89%, outperforming major A-share indices such as the Shanghai Composite Index (14.41%) and the CSI 300 Index (13.18%) [1][3] Group 2 - The basic chemical industry is expected to benefit from supply-side reforms driven by "anti-involution" policies, leading to an improved supply-demand balance and increased market share for leading companies [4] - The phosphoric and potash sectors are experiencing high demand, with stable prices for phosphate rock and steady growth in potash demand [4] - The valuation of the Chemical ETF is relatively low, with a price-to-book ratio of 2.28, indicating a favorable long-term investment opportunity [4] Group 3 - The Chemical ETF (516020) tracks the sub-sector chemical industry index, covering various segments of the chemical industry, with nearly 50% of its holdings in large-cap leading stocks [5] - Investors can also access the chemical sector through linked funds of the Chemical ETF, enhancing investment efficiency [5]

分红方面，云天化A股上市后累计派现88.89亿元。近三年，累计派现65.74亿元。 云天化今年以来股价涨45.98%，近5个交易日跌12.07%，近20日涨7.81%，近60日涨15.12%。 资料显示，云南云天化股份有限公司位于云南省昆明市滇池路1417号，成立日期1997年7月2日，上市日 期1997年7月9日，公司主营业务涉及化肥、磷矿采选、有机化工等。主营业务收入构成为：磷肥 27.99%，商品粮食19.87%，复合(混)肥12.51%，尿素10.28%，商贸化肥10.03%，其他5.25%，饲料级磷 酸钙盐4.14%，聚甲醛2.38%，其他商贸物流2.35%，磷矿石1.17%，液氨0.91%，黄磷0.89%，其他(补 充)0.89%，煤炭0.53%，磷酸0.44%，季戊四醇0.38%。 机构持仓方面，截止2025年9月30日，云天化十大流通股东中，香港中央结算有限公司位居第二大流通 股东，持股1.21亿股，相比上期减少1.09亿股。鹏华中证细分化工产业主题ETF联接A（014942）位居第 四大流通股东，持股1917.77万股，为新进股东。南方中证500ETF（510500）位居第五大流通股东，持 ...

Core Viewpoint - The chemical industry has faced declining profits for three consecutive years since 2022, with some sectors experiencing intense competition and overall losses. However, there are signs of potential recovery driven by industry self-regulation and improved supply-demand balance, which may enhance profitability [1]. Group 1: Industry Performance - As of November 20, 2025, the CSI Sub-Industry Chemical Theme Index rose by 0.17%, with notable increases in stocks such as Hongda Co. (+8.66%), Tongcheng New Materials (+4.35%), and Salt Lake Co. (+3.71%) [1]. - The basic chemical industry's price-to-book (PB) ratio is currently close to the bottom levels observed in 2019 and 2024, indicating that the valuation remains low [1]. Group 2: Future Outlook - Huatai Securities predicts that the basic chemical sector may see an upward trend starting in 2026, suggesting a focus on resilient domestic and foreign demand as well as improved market conditions [1]. - Since June 2025, there has been a significant decline in capital expenditure growth within the industry, which, combined with self-regulation efforts, is expected to facilitate supply-side coordination and the elimination of outdated capacity [1]. - Domestic demand is anticipated to recover further, supported by exports to Asia, Africa, and Latin America, leading to a gradual recovery in bulk chemicals [1]. Group 3: Investment Opportunities - The top ten weighted stocks in the CSI Sub-Industry Chemical Theme Index account for 44.83% of the index, with major players including Wanhua Chemical and Salt Lake Co. [2]. - Investors can also explore investment opportunities in the chemical sector through the Chemical ETF (159129), which closely tracks the CSI Sub-Industry Chemical Theme Index [2][3].

Group 1: Oil and Gas - The oil supply-demand situation is under short-term pressure due to OPEC+ production increases, but medium to long-term oil prices are expected to have bottom support, with Brent crude oil price forecasts for 2025 and 2026 at $68 and $62 per barrel respectively [2][46] - The demand for natural gas in China is expected to continue growing, supported by low import costs, which will enhance profitability in the domestic industry chain [49] Group 2: Bulk Chemicals - A turning point in capital expenditure growth in the chemical raw materials and products industry has been observed since the second half of 2025, with expectations for a new round of recovery in 2026 driven by domestic demand improvements and export support [3][54] - The supply-demand situation for bulk chemical products is expected to improve, with policies supporting supply optimization and demand recovery anticipated to lead to a new round of prosperity [9][54] Group 3: Chemical Products and Fine Chemicals - The recovery in demand for chemical products and fine chemicals is expected to continue, driven by growth in sectors such as automotive, home appliances, military, and electronics, alongside cost improvements in raw materials [4][54] - The chemical industry is likely to see ongoing development in new materials and technologies, with a focus on high-end supply enhancement as emphasized in national policies [4][24] Group 4: Recommended Companies - The report recommends several companies for investment, including China Petroleum (A/H), China National Offshore Oil Corporation (A/H), and various chemical companies such as LUXI Chemical, Hualu Hengsheng, and Wanhua Chemical, indicating their potential for value reassessment and growth [7][23][24]