近日，齐鲁晚报·齐鲁壹点记者从浙江政务服务网获悉，浙江嘉化能源化工股份有限公司因不执行政府指导价、政府定价的行为案，被嘉兴 市市场监督局港区分局行政处罚。 主要违法事实：经查，因上网电价属于《浙江省定价目录》规定的政府定价项目，当事人在执行环保电价政策过程中，违反浙江省物价 局、浙江省环境保护厅《关于非省统调公用热电联产发电机组执行环保电价及考核等有关事项的通知》（浙价资【2015】201号）的规 定，存在不执行政府定价的违法事实。没收污染物超限值时段多收环保电价款542.02元。 | 国家政务服务平台 浙江省人民政府 无障碍 长辈版 登录 | ● 浙江省▼ | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 好差评 | 首页 | 企业服务 | 个人服务 | 部门服务 | 〔 就医费用报销"一件事" | 搜索 | | 行政处罚年 引信息公司 | 返回行政处罚结果信息公开 返回首页 | | | | | | | 案件名称 | 浙江嘉化能源化工股份有限公司经营者不执行政府指导价、政府定价的行为案 | | | | | | | 行政处罚决定文书号 | 磊港 ...

格隆汇10月9日丨嘉化能源(600273.SH)公布，截至2025年9月30日，公司通过集中竞价交易方式回购股 份数量为3364.12万股，占公司总股本的比例为2.48%，回购股份成交的最高价为人民币9.14元/股，最低 价为人民币8.02元/股，已支付的总金额为人民币29,036.43万元（不含交易费用）。 ...

每经头条（nbdtoutiao）——与美元脱钩后，暴涨102倍，揭秘黄金疯涨背后神秘的"无形之手"！专家： 推动金价上涨的逻辑没有变 （记者 曾健辉） 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 每日经济新闻 每经AI快讯，嘉化能源（SH 600273，收盘价：8.39元）10月9日晚间发布公告称，截至2025年9月30 日，公司通过集中竞价交易方式回购股份数量约为3364万股，占公司总股本的比例为2.48%，回购股份 成交的最高价为人民币9.14元/股，最低价为人民币8.02元/股，已支付的总金额为人民币约2.9亿元。 2025年1至6月份，嘉化能源的营业收入构成为：化工行业占比74.3%，能源占比18.35%，其他业务占比 5.74%，港口业务占比1.61%。 截至发稿，嘉化能源市值为114亿元。 ...

浙江嘉化能源化工股份有限公司(以下简称"公司")分别于 2025 年 4 月 9 日、 2025 年 4 月 30 日召开第十届董事会第十一次会议、2024 年年度股东大会，审议 通过了《关于以集中竞价交易方式回购股份方案的议案》，同意公司以不低于人民 币 40,000 万元、不超过人民币 60,000 万元的自有资金及自筹资金通过集中竞价 交易方式回购股份，回购价格为不超过 12.01 元/股，回购期限为自股东大会审议 通过回购股份方案之日起不超过 12 个月(以下简称"2025 年回购计划")。有关本 次回购股份事项的具体情况详见公司于 2025 年 4 月 10 日及 2025 年 5 月 1 日在上 海证券交易所网站（www.sse.com.cn）披露的《关于以集中竞价交易方式回购股 份方案的公告》、《关于以集中竞价交易方式回购股份的回购报告书》。经公司实施 2024 年年度利润分配方案及 2025 年半年度利润分配方案后，公司以集中竞价方式 回购股份的价格上限由不超过人民币 12.01 元/股逐步调整为不超过人民币 11.63 元/股。详见公司在上海证券交易所网站（www.sse.com.cn）披露 ...

Core Insights - Leading stocks in the new energy sector, such as Sungrow Power Supply, Haibo Technology, and CATL, reached all-time high closing prices on September 24 [1] Group 1: Stock Performance - The article highlights that 26 stocks were selected based on criteria including a net cash flow from operating activities exceeding 100 million yuan in the first half of 2025, profitability with positive year-on-year net profit growth, and a rolling price-to-earnings (PE) ratio below 40 [1] - Among these 26 stocks, three have doubled in price year-to-date: Sungrow Power Supply, Nuwell Co., and Ocean Motor [1] - Six stocks have a PE ratio below 15, which are Satellite Chemical, Jiahu Energy, Jiuli Special Materials, Hengdian East Magnetic, Batian Co., and Yutong Bus [1]

Report Industry Investment Rating No relevant content provided. Core Viewpoints - PVC market in the fourth quarter is expected to first rebound with the macro - situation and then return to fundamentals and delivery logic. For trading strategies, it includes unilateral interval operations, option strategies, and month - spread strategies [3][78]. - The caustic soda market in the fourth quarter is expected to have short - term price stimulation due to alumina stockpiling and then return to seasonal surplus. Trading strategies involve unilateral trading, arbitrage, and option strategies [7][8]. Summary by Related Catalogs PVC Market 1. Three - quarter Supply Review - The overall operation of existing PVC plants was stable in the first quarter, and seasonal maintenance in the second and third quarters affected supply. The average operation rate in the first three quarters was about 76.8%, and the output was about 17.948 million tons, a year - on - year increase of 2.35%. There were many new plant commissions from July to September [3][16]. 2. Three - quarter Demand Review - The apparent demand in the first three quarters was about 15.16 million tons, a year - on - year decrease of 3.4%. Terminal demand was at a seasonal low, and speculative demand was average. Real estate data was weak, and cement demand and prices had been weak since 2024. Exports from January to July were relatively strong, with PVC powder exports of 2.291 million tons, a year - on - year increase of 830,000 tons (56.9%), while floor exports decreased by 11.15% year - on - year [20][32][34]. 3. Three - quarter Inventory Review - In the third quarter, inventory shifted from upstream to mid - stream, and both started to accumulate recently. Due to weak demand and the futures price being higher than the spot price, there was a lot of selling hedging by upstream and futures - cash traders, and inventory shifted to the delivery warehouse. As of September 17, the warehouse receipt volume was 110,900, the highest in history [42][46]. 4. Fourth - quarter Supply Outlook - There will be some maintenance in October, and then maintenance will decrease. There is a possibility of capacity exit in existing plants. Newly commissioned plants have been postponed but will be concentrated recently, and the supply pressure will be reflected in the fourth quarter [52][53][57]. 5. Fourth - quarter Demand Outlook - It is difficult for domestic demand to have incremental demand in the fourth quarter. In terms of exports, attention should be paid to the impact of India's anti - dumping on China. India has strong demand, but the anti - dumping tax rate has been adjusted to $122 - 232 per ton [3][71]. 6. Fourth - quarter Trading Strategies - Strategy 1: Unilateral interval operations. PVC is still in an oversupply situation, but low valuation and falling caustic soda prices provide support. It is expected to trade on macro - improvement factors from September to October and then return to fundamentals. - Strategy 2: Option strategies. Sell out - of - the - money put options on V2601 at relatively low prices and sell out - of - the - money call options on V2601 after the price rebounds. - Strategy 3: Month - spread strategies. Go for positive spreads between January and May contracts and look for positive spread opportunities between May and September contracts [78]. Caustic Soda Market 1. Caustic Soda Spot and Futures Market Review - The spot price of caustic soda has fluctuated due to factors such as maintenance, downstream replenishment, and changes in liquid chlorine prices. The futures market has also shown significant fluctuations, affected by factors like inventory accumulation, market sentiment, and alumina stockpiling [81][83]. 2. Caustic Soda Supply and Demand Review - The output in the first three quarters was about 31.703 million tons, a year - on - year increase of 2.42%. There were new plant commissions in the third quarter, and some capacity exited. Non - aluminum demand improved in Q3, and paper - making operations were divided. Exports from January to July 2025 were 2.398 million tons, a year - on - year increase of 51.3% [85][95]. 3. Caustic Soda Supply and Demand Outlook - There is a total of 1.05 million tons of capacity to be commissioned, mainly from September to October. The commissioning compliance rate is 50 - 60%. It is expected that the operation rate will recover in late September, decline in October, and remain relatively high from November to December. There is still new demand for alumina commissioning and stockpiling in the fourth quarter, but attention should be paid to the impact of alumina over - supply on demand [98][100][103]. 4. Caustic Soda Trading Strategies - Unilateral trading: The near - term is weak, and it is advisable to buy low - priced contracts for the peak season. - Arbitrage: Conduct reverse spreads from non - stockpiling months to stockpiling months, positive spreads from stockpiling months to off - peak months, long caustic soda and short alumina during alumina commissioning and stockpiling, and short caustic soda and long alumina when alumina is in over - supply and production is cut [138].

Market Overview - The Shanghai Composite Index closed at 3877.55 points, with a change of 0.41% [1] - The total trading volume of A-shares reached 1561.918 billion yuan [1] Technical Analysis - A total of 127 A-shares experienced a death cross, where the 5-day moving average fell below the 10-day moving average [1] - Notable stocks with significant distance between their 5-day and 10-day moving averages include: - COFCO Technology: 5-day MA at 11.41 yuan, 10-day MA at 11.52 yuan, difference of -0.92% [1] - Jiuri New Materials: 5-day MA at 27.35 yuan, 10-day MA at 27.59 yuan, difference of -0.86% [1] - Potential Energy Trust: 5-day MA at 20.44 yuan, 10-day MA at 20.59 yuan, difference of -0.77% [1] Individual Stock Performance - COFCO Technology: Today's change of 0.09%, trading volume of 1.13% [1] - Jiuri New Materials: Today's change of 1.49%, trading volume of 1.84% [1] - Potential Energy Trust: Today's change of 0.34%, trading volume of 1.64% [1] - Other notable stocks with death crosses include: - Tongzhou Electronics: Today's change of -0.42%, trading volume of 2.40% [1] - ST Long Pharmaceutical: Today's change of -2.50%, trading volume of 2.14% [1] - Jin Hong Shun: Today's change of -1.44%, trading volume of 2.07% [1]

Group 1 - The company announced an adjustment to its share repurchase price limit from a maximum of RMB 11.82 per share to RMB 11.63 per share following the implementation of the 2025 semi-annual profit distribution plan [2]

Group 1 - Yihau New Materials plans to reduce its shareholding by up to 1% of the company's total shares, amounting to 165,500 shares, due to personal funding needs [1] - Fuxing Pharmaceutical's subsidiary has received approval for a new indication for its drug, which is used in the treatment of certain types of breast cancer [1][2] - Shantui Co. has submitted its H-share issuance application to the China Securities Regulatory Commission, which has been accepted [3] Group 2 - Sierte's chairman plans to increase his shareholding by an amount between 3 million to 6 million yuan [4] - Borui Pharmaceutical's BGM0504 tablet has received approval for clinical trials in overweight and obese adults [5] - Ganyue Expressway reported vehicle toll service revenue of 349 million yuan for August [6] Group 3 - Chip Microelectronics has submitted its H-share issuance application to the China Securities Regulatory Commission, which has been accepted [7] - Lingrui Pharmaceutical's director plans to reduce his shareholding by up to 200,000 shares, representing 0.0353% of the total shares [8] - Jiahu Energy has adjusted its share repurchase price limit to 11.63 yuan per share [10] Group 4 - Spring Airlines reported a year-on-year increase of 12.23% in passenger turnover for August [11] - Kaida has received an invention patent for a self-calibrating sensor technology [12] - Chuanheng Co. has obtained a new utility model patent aimed at improving industrial waste utilization [14] Group 5 - Huashi Technology received a government subsidy of 2.21 million yuan, accounting for 22.71% of its latest audited net profit [15] - Shanghai Pharmaceuticals' controlling shareholder plans to increase its H-share holdings by up to 74 million shares [16] - Hongrun Construction has won a bid for a significant segment of the Shanghai Metro Line 21 project, valued at 126 million yuan [18] Group 6 - Sanfangxiang plans to invest 100 million yuan to establish a wholly-owned subsidiary focused on green technology [19] - Lao Fengxiang's subsidiaries plan to jointly invest in luxury goods sales and gold refining companies [20][21] - China Eastern Airlines reported an 8.72% year-on-year increase in passenger turnover for August [22] Group 7 - Inner Mongolia First Machinery has signed a railway freight car procurement contract worth 186 million yuan [22] - Jiuqiang Bio has received five invention patents related to diagnostic reagents [24] - Longmag Technology plans to invest 210 million yuan in its second phase project in Vietnam [25] Group 8 - Galaxy Magnetics plans to acquire 100% equity of Kyoto Longtai, with its stock suspended for trading [26] - Jinlong Co.'s controlling shareholder will have 30 million shares auctioned [27] - Haishi Co.'s controlling shareholder has released the pledge on 29.97 million shares [28] Group 9 - Qiu Tianwei plans to reduce its shareholding by up to 1.17% of the total shares [29] - Xiaocheng Technology's directors plan to reduce their shareholding by a total of 0.08% [30] - Victory Co. reported that Sunshine Life Insurance has reduced its shareholding by 4.4 million shares [31] Group 10 - Xindong Technology plans to distribute a cash dividend of 0.156 yuan per share [32] - Huaqin Technology plans to distribute a cash dividend of 0.13 yuan per share [33] - Kexing Pharmaceutical's controlling shareholder intends to transfer 5% of the company's shares [35] Group 11 - Guojin Securities has completed the repayment of its second short-term financing bond for 1.0205 billion yuan [38] - Chunhui Intelligent Control's application for asset acquisition has been accepted by the Shenzhen Stock Exchange [39] - Chaohongji has submitted its H-share issuance application to the Hong Kong Stock Exchange [40] Group 12 - Tianyue Advanced has fully exercised its over-allotment option, involving 716,180 H-shares [40] - Chengfeng Technology's vice president has resigned due to internal adjustments [41] - Yingpais plans to establish a 100 million yuan technology sports industry investment fund [43]

Group 1 - The company Zhejiang Jiahua Energy Chemical Co., Ltd. announced an adjustment to the maximum repurchase price of its shares from no more than 11.82 yuan per share to no more than 11.63 yuan per share after implementing the 2025 semi-annual profit distribution plan [1] - The repurchase plan approved in 2025 allows for a repurchase of shares using self-owned and self-raised funds ranging from 400 million yuan to 600 million yuan, with a maximum repurchase price initially set at 12.01 yuan per share [2] - The company plans to distribute cash dividends of 2.00 yuan per 10 shares to all shareholders, totaling up to approximately 263.62 million yuan [3] Group 2 - The adjustment in the repurchase price is calculated based on the cash dividend per share, which is approximately 0.1943 yuan, and since there is no change in the number of circulating shares, the adjustment formula simplifies the calculation [4][5] - The adjusted maximum repurchase price is approximately 11.63 yuan per share, and other aspects of the repurchase plan remain unchanged [5] - The company will implement the share repurchase plan based on market conditions and will fulfill its information disclosure obligations as required [5]