Group 1 - The core viewpoint of the article highlights that Jiahu Energy reported a revenue of approximately 7.731 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 9.33% [1] - The net profit attributable to shareholders of the listed company was approximately 823 million yuan, reflecting a year-on-year growth of 4.05% [1] - As of the report, Jiahu Energy's market capitalization stands at 11.6 billion yuan [1] Group 2 - The article also notes that the A-share market has surpassed 4,000 points, indicating a significant market resurgence after a decade of stagnation [1] - It mentions that the technology sector is reshaping the market dynamics, leading to a new "slow bull" market pattern [1]

证券代码：600273 股票简称：嘉化能源 编号：2025-060 浙江嘉化能源化工股份有限公司 关于公司 2025 年前三季度主要经营数据的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 浙江嘉化能源化工股份有限公司（以下简称"公司"或"嘉化能源"）主要业 务板块为化工、能源及码头装卸等，根据上海证券交易所发布的《上市公司自律监 管指引第 3 号行业信息披露：第十三号——化工》及相关要求，现将公司 2025 年前 三季主要业务板块经营数据披露如下： 注：1、聚氯乙烯数据未包含贸易； 2、氯作为 PVC 的原材料，以自用为主，后续公告不再作为主要产品对外披露。 二、主要化工产品和原材料的价格变动情况 （一）主要化工产品价格变动情况 板块 主要产品 2025 年前三季度 生产量(万吨) 2025 年前三季 度销售量(万吨) 2025 年前三季度 营业收入(万元) 化工板块 脂肪醇（酸）系列 产品 24.98 23.89 356,847.94 聚氯乙烯 1 27.97 27.59 120,207.26 烧碱（折百） 2 24 ...

证券代码：600273 证券简称：嘉化能源 公告编号：2025-061 浙江嘉化能源化工股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 投资者可于 2025 年 11 月 07 日 （星期五） 至 11 月 13 日 （星 期四）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目 或通过公司邮箱 zhangbingyang@jiahuagufen.com 进行提问。公司将 在说明会上对投资者普遍关注的问题进行回答。 浙江嘉化能源化工股份有限公司（以下简称"公司"）已于 2025 年 10 月 30 日发布公司 2025 年第三季度报告，为便于广大投资者更 全面深入地了解公司 2025 年第三季度经营成果、财务状况，公司计 划于 2025 年 11 月 14 日(星期五)11:00-12:00 举行 2025 年第三季度 业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年第 ...

证券代码：600273 股票简称：嘉化能源 编号：2025-059 浙江嘉化能源化工股份有限公司 第十届董事会第十四次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 浙江嘉化能源化工股份有限公司（以下简称"公司"或"嘉化能源"）第十 届董事会第十四次会议通知于 2025 年 10 月 26 日以邮件方式发出，会议于 2025 年 10 月 29 日上午 10:00 时在公司南湖区南湖大道槜李路嘉南美地 1 号楼 29 层 会议室以现场和通讯相结合的方式召开。出席会议的董事应到 9 人，实到 9 人， 本次会议由公司董事长韩建红女士主持，公司全体高级管理人员列席了本次会议。 本次董事会会议的召集、召开符合国家有关法律、法规和《公司章程》的规定， 会议决议合法有效。 二、董事会会议审议情况 （一）审议通过了《关于公司 2025 年第三季度报告的议案》 本议案已经公司董事会审计委员会审议通过。 表决结果：9 票赞成，0 票反对，0 票弃权。 详见公司同日在指定媒体披露的《2025 年第三季度报告 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥2,724,890,693.48, an increase of 11.26% year-on-year[3] - The total profit for the period was ¥276,969,394.64, reflecting a decrease of 3.52% compared to the same period last year[3] - The net profit attributable to shareholders was ¥242,104,126.38, down 7.27% year-on-year[3] - The basic earnings per share for the quarter was ¥0.1804, a decrease of 4.60% compared to the same period last year[4] - The weighted average return on equity was 2.35%, a decrease of 0.24 percentage points year-on-year[4] - Total operating revenue for the first three quarters of 2025 reached ¥7,731,197,757.12, an increase of 9.3% compared to ¥7,071,466,767.60 in the same period of 2024[18] - Operating profit for the first three quarters of 2025 was ¥904,664,726.15, representing a growth of 9.0% from ¥829,526,918.74 in 2024[18] - Net profit for the first three quarters of 2025 was ¥821,493,400.99, a rise of 4.1% compared to ¥789,485,213.96 in 2024[19] - Basic earnings per share increased to ¥0.6130 in 2025 from ¥0.5726 in 2024, reflecting a growth of 7.8%[19] - The company reported a total profit of ¥935,395,088.31 for the first three quarters of 2025, up from ¥880,856,273.43 in 2024, marking a growth of 6.2%[19] Assets and Liabilities - Total assets at the end of the period amounted to ¥13,601,918,450.05, an increase of 3.66% from the end of the previous year[4] - The company's total liabilities increased to RMB 3,524,321,958.35 from RMB 2,977,411,213.08, representing a rise of about 18.38%[15] - The total equity attributable to shareholders decreased slightly to RMB 10,070,563,518.74 from RMB 10,114,750,747.10, indicating a decline of approximately 0.44%[15] - The cash and cash equivalents increased to RMB 882,176,408.11 from RMB 816,672,723.09, showing a growth of about 8.03%[13] - The company's accounts receivable decreased to RMB 795,217,544.48 from RMB 834,711,907.32, a decline of approximately 4.73%[13] - The inventory decreased to RMB 714,468,768.38 from RMB 793,624,682.88, reflecting a reduction of about 9.95%[13] - The long-term borrowings increased significantly to RMB 631,890,000.00 from RMB 243,180,000.00, marking an increase of approximately 160.00%[15] Cash Flow - The cash flow from operating activities for the year-to-date was ¥553,869,925.58, down 40.82% due to increased raw material prices[7] - Cash flow from operating activities for the first three quarters of 2025 was ¥553,869,925.58, a decrease of 40.7% from ¥935,905,520.69 in 2024[21] - Total cash inflow from operating activities was ¥6,260,730,963.65, up from ¥5,817,096,665.86 in the previous year[21] - Net cash flow from investment activities was -219,336,623.20, a decrease from -369,806,671.64 year-over-year[22] - Cash inflow from financing activities totaled 1,280,689,037.92, compared to 643,010,598.05 in the previous period[22] - Net cash flow from financing activities was -306,492,329.53, an improvement from -767,426,559.05 year-over-year[22] - The ending balance of cash and cash equivalents increased to 820,213,947.11 from 650,373,676.06[22] - Cash outflow for investment activities amounted to 298,136,811.20, down from 408,453,683.83 in the previous period[22] - Cash inflow from borrowing was 1,277,330,000.00, significantly higher than 632,693,640.92 last year[22] - Cash outflow for financing activities was 1,587,181,367.45, compared to 1,410,437,157.10 in the previous period[22] - The impact of exchange rate changes on cash and cash equivalents was -7,080,452.23, an improvement from -21,884,966.48 year-over-year[22] - Cash outflow for the acquisition of fixed assets and intangible assets was 215,171,841.19, down from 369,601,975.77[22] - The company reported a net increase in cash and cash equivalents of 20,960,520.62, compared to a decrease of -223,212,676.48 in the previous period[22] Shareholder Information - The company’s major shareholder, Zhejiang Jiahua Group Co., Ltd., holds 37.99% of the shares, with a total of 515,493,351 shares[9] - The company has a total of 39,076 common shareholders as of the report date[9] - The company repurchased a total of 34,559,500 shares, accounting for 2.55% of the total share capital, with a total expenditure of RMB 29,811.20 million[11] - The company plans to initiate a share repurchase program with a budget between RMB 40,000 million and RMB 60,000 million, subject to shareholder approval[11] Research and Development - Research and development expenses increased to ¥233,852,082.27 in 2025, compared to ¥215,305,806.89 in 2024, indicating a focus on innovation[18] - Other income rose to ¥57,342,036.51 in 2025, compared to ¥39,862,196.66 in 2024, showing improved financial performance[18] Investment Activities - The company exited its investment in Zhejiang Lianyun Chemical Co., Ltd. through a targeted capital reduction effective September 1, 2025[12]

Core Viewpoint - 嘉化能源 reported a revenue of 2.725 billion yuan for Q3 2025, reflecting a year-on-year growth of 11.26%, while the net profit attributable to shareholders decreased by 7.27% to 242 million yuan, with basic earnings per share at 0.1804 yuan [1] Financial Performance - Revenue for Q3 2025 reached 2.725 billion yuan, marking an increase of 11.26% compared to the previous year [1] - Net profit attributable to shareholders was 242 million yuan, which represents a decline of 7.27% year-on-year [1] - Basic earnings per share stood at 0.1804 yuan [1]

Core Points - Zhejiang Jiahua Energy Chemical Co., Ltd. was penalized for not adhering to government pricing guidelines, specifically regarding environmental electricity pricing [1][2] - The company was found to have overcharged environmental electricity fees totaling 542.02 yuan due to violations of government pricing regulations [1][2] Summary by Category Company Violations - The company violated the regulations set forth by the Zhejiang Provincial Price Bureau and the Environmental Protection Department regarding the execution of environmental electricity pricing [1][2] - Specific violations included charging environmental electricity prices during periods when pollutant emissions exceeded allowable limits [2] Financial Penalties - The administrative penalty imposed on the company included the confiscation of 542.02 yuan collected from overcharging during periods of excess emissions [1][2] - The company has a history of penalties, including a previous fine of 100,000 yuan for entrusting a non-licensed entity to transport hazardous chemicals [3]

Group 1 - The company, Jiahu Energy, announced a share buyback program, having repurchased 33.6412 million shares, which represents 2.48% of its total share capital [1] - The highest price paid for the repurchased shares was RMB 9.14 per share, while the lowest price was RMB 8.02 per share [1] - The total amount spent on the share buyback was RMB 290.3643 million, excluding transaction fees [1]

Group 1 - The company, Jiahu Energy, announced a share buyback of approximately 33.64 million shares, representing 2.48% of its total share capital, with a total expenditure of about 290 million RMB [1][1][1] - The highest and lowest prices for the repurchased shares were 9.14 RMB and 8.02 RMB per share, respectively [1][1][1] - As of the report, Jiahu Energy's market capitalization stands at 11.4 billion RMB [1][1][1] Group 2 - For the first half of 2025, Jiahu Energy's revenue composition is as follows: 74.3% from the chemical industry, 18.35% from energy, 5.74% from other businesses, and 1.61% from port operations [1][1][1]

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 ...