Core Points - The meeting is convened by the company's board of directors to ensure the protection of shareholders' rights and maintain order and efficiency during the meeting [1][2] - The meeting will be held on August 22, 2025, at 1:00 PM, combining both on-site and online voting methods [3] - The agenda includes discussions on profit distribution, amendments to the company's articles of association, and additional authorizations for futures trading [6][10] Meeting Details - The meeting will require shareholders to present identification and shareholder account cards for verification [1] - Shareholders have the right to speak, inquire, and vote during the meeting, with specific time limits for speeches [2] - Voting will be conducted through a named voting method, where each share has one vote [2] Financial Proposals - The proposed profit distribution plan suggests a cash dividend of 2 yuan per 10 shares, totaling approximately 265 million yuan based on the adjusted share count [6][7] - The company plans to revise its articles of association to eliminate the supervisory board, transferring its responsibilities to the audit committee of the board [8] - An additional authorization for futures trading is proposed, increasing the total authorized amount to 50 million yuan to manage price volatility [10][11]

Group 1 - The company announced a share repurchase plan with a total expected amount between 400 million yuan and 600 million yuan [1][2] - As of August 14, 2025, the company has repurchased a total of 27.9065 million shares, representing 2.06% of the total share capital [2] - The actual repurchase price ranged from 8.30 yuan to 9.14 yuan per share [1] Group 2 - The repurchase plan was first disclosed on April 10, 2025, and the implementation period is set for 12 months following the approval at the 2024 annual shareholders' meeting [1] - The maximum repurchase price was adjusted from 12.01 yuan to 11.82 yuan per share [1] - The repurchased shares will be used for employee stock ownership plans or equity incentives [1]

证券日报网讯8月15日晚间，嘉化能源（600273）发布公告称，截至2025年8月14日，公司通过集中竞价 交易方式回购股份数量为27，906，500股，占公司总股本的比例为2.06%。 ...

浙江嘉↿ 通便利，具祁 现上市，证³ 近日，记者从信用中国（浙江）获悉，浙江嘉化能源化工股份有限公司因委托未依法取得危险货物道路运输许可的企业承运危险化学品案，被嘉兴市交通运 输局罚款10万元。 违法事实为：2025年04月23日10时05分，嘉兴市交通运输局行政执法人员在浙江嘉化能源化工股份有限公司检查时发现浙江嘉化能源化工股份有限公司存在 交通运输行政违法行为，经调查，浙江嘉化能源化工股份有限公司委托未依法取得危险货物道路运输许可的企业承运危险化学品。行政处罚的种类和依据： 依据《危险化学品安全管理条例》第八十七条第一款第（一）项，《道路危险货物运输管理规定》第六十条第（一）项的规定，责令改正并罚款人民币壹拾 万元整。 | | 进入老年模式。 倪懷寵助 名称或统一社会信用代码 站内文章 | | --- | --- | | | 请输入名称或统一社会信用代码查询 | | 首页 信用查询 | 专题公示 信用动态 政策法规 信用服务 信用应用 | | 行政处罚 | | | 主体名称 | 浙江墓化能源化工股份有限公司 | | 处罚决定书文号 | 嘉运政罚(2025)0415 | | 处河段别 | 罚款 | | 处频 ...

证券代码：600273 证券简称：嘉化能源 公告编号：2025-051 浙江嘉化能源化工股份有限公司 二、回购股份的进展情况 根据《上海证券交易所上市公司自律监管指引第 7 号——回购股份》的相关 规定：公司在回购股份期间，回购股份占上市公司总股本的比例每增加 1%的，应 当在事实发生之日起 3 个交易日内予以披露。现将公司回购股份的进展情况公告 如下： 截至 2025 年 8 月 14 日，公司通过集中竞价交易方式回购股份数量为 27,906,500 股，占公司总股本的比例为 2.06%，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 8.30 元/股，已支付的总金额为人民币 24,244.28 万 元（不含交易费用）。本次回购股份符合法律法规的规定及公司回购股份方案。 三、其他事项 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： | 回购方案首次披露日 | 2025/4/10 | | | | | | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 ...

浙江嘉化能源化工股份有限公司 2025 年第二次临时股东大会会议资料 嘉化能源 2025 年第二次临时股东大会会议资料 嘉化能源 2025 年第二次临时股东大会会议资料 浙江嘉化能源化工股份有限公司 二〇二五年八月 股票代码：SH600273 1 / 10 嘉化能源 2025 年第二次临时股东大会会议资料 目 录 | 1、嘉化能源 | 2025 年第二次临时股东大会会议须知 | 3 | | --- | --- | --- | | 2、嘉化能源 | 2025 年第二次临时股东大会会议议程 | 5 | | 3、各议案内容 | | 7 | 股票代码：SH600273 2 / 10 七、每一股东发言原则上不得超过三次，每次发言原则上不能超过 5 分钟。 2025 年第二次临时股东大会会议须知 尊敬的各位股东及股东代表： 欢迎您来参加浙江嘉化能源化工股份有限公司 2025 年第二次临时股东大会。 为了维护全体股东的合法权益，确保股东大会的正常秩序和议事效率，保证大 会的顺利进行，根据《公司章程》、公司《股东大会议事规则》及相关法律法规和 规定特制定本须知。 一、董事会以维护股东的合法权益、确保大会正常秩序和议事效率为原 ...

格隆汇8月15日丨嘉化能源(600273.SH)公布，截至2025年8月14日，公司通过集中竞价交易方式回购股 份数量为2790.65万股，占公司总股本的比例为2.06%，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8.30元/股，已支付的总金额为人民币24,244.28万元（不含交易费用）。 ...

浙江嘉化能源化工股份有限公司公告以集中竞价交易方式回购股份进展。2025年4月相关会议通过回购 议案，预计回购4 - 6亿元股份，用途为减少注册资本、员工持股等。经2024年利润分配方案调整，回购 价格上限调为不超11.82元/股。截至8月14日，累计回购2790.65万股，占总股本2.06%，累计已回购金额 24244.28万元，实际回购价8.30 - 9.14元/股。 ...

Core Viewpoint - Guohua Securities issued a report on August 14, giving Jiahu Energy (600273.SH) an outperform rating based on several key factors [2] Group 1: Company Overview - The company focuses on cogeneration, producing and selling steam, fatty alcohols, and chlor-alkali products [2] - It achieves internal and external circular development based on cogeneration [2] Group 2: Competitive Advantages - The chlor-alkali segment benefits from both self-supplied electricity cost and regional advantages [2] - There is a continuous growth in demand for fatty alcohols, with the company leading in market share and profitability [2] Group 3: Shareholder Returns - The company emphasizes shareholder returns through high dividends and share buybacks [2]

Investment Rating - The report assigns an "Outperform the Market" rating for the company, with a reasonable valuation range of 10.20 to 11.31 CNY, indicating a potential premium of 13% to 27% over the current stock price of 8.91 CNY [4]. Core Insights - The company is a leading domestic player in the fatty alcohol sector, leveraging significant cost advantages from its combined heat and power (CHP) production model, which integrates energy generation with product manufacturing [1][2]. - The fatty alcohol market is expected to grow, with a projected demand of 1.0462 million tons in 2024, reflecting a compound annual growth rate (CAGR) of 6.01% from 2021 to 2024, driven by strong downstream demand in various industries [2]. - The company emphasizes shareholder returns through high dividend payouts and share buybacks, with a dividend payout ratio projected to reach 50% in 2025, resulting in an effective dividend yield of 7.40% to 9.02% [3][29]. Summary by Sections Company Overview - The company, established in 2003, focuses on CHP as its core business, producing and selling fatty alcohols, PVC, steam, and chlor-alkali products, among others. It has a current capacity of 200,000 tons for fatty alcohols and 297,000 tons for chlor-alkali products [1][14]. Production and Cost Advantages - The chlor-alkali segment benefits from self-generated electricity, significantly reducing production costs. The company is the only chlor-alkali producer in the northern Zhejiang region, allowing for efficient logistics and cost savings through direct pipeline supply to downstream customers [2][15]. Market Position and Growth - The company is set to become the largest fatty alcohol producer in China, with a market share exceeding 30% by 2025, supported by the upcoming addition of 150,000 tons of production capacity [2][4]. Financial Performance and Forecast - The company forecasts a steady increase in revenue and net profit over the next five years, with expected net profits of 1.156 billion CNY in 2025, growing to 1.411 billion CNY by 2027 [4][8]. Shareholder Returns - The company has maintained a high dividend payout policy, with a historical dividend payment rate of around 50% and a consistent share buyback program since 2018, enhancing shareholder value [3][26]. Research and Development - The company invests approximately 3% of its revenue in R&D, focusing on technological innovation to maintain its competitive edge in the industry [32][34].