Core Viewpoint - The company reported a decline in revenue and an increase in net loss for the third quarter of 2025 compared to the previous year [1] Financial Performance - Total operating revenue for the first three quarters of 2025 was 641 million yuan, a year-on-year decrease of 2.53% [1] - The net profit attributable to shareholders of the parent company was -144 million yuan, which represents an increase in loss of 45.614 million yuan compared to the same period last year [1] - Basic earnings per share were -0.37 yuan [1]

潍坊亚星化学股份有限公司 关于 2025 年第三季度主要经营数据公告 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。 根据上海证券交易所《上海证券交易所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》的要求，潍坊亚星化学股份有限公司（以下简称"公 司"）现将2025年第三季度主要经营数据披露如下： 二、主要产品和原材料的价格变动情况 证券代码：600319 证券简称：亚星化学 编号：临2025-046 （一）主要产品价格变动情况 2025年第三季度,公司主要产品的价格详见下表: | 主要产品 | | 2024年第三季 | | | 2025年第二季 | | | 2025年第三季 | | | 同 比 | 变 | 环 | 比 | 变 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 度 | 平 | 均 单 | 价 度 | 平 | 均 单 价 | 度 | 平 | 均 ...

Financial Performance - Q3 2025 revenue was CNY 213.11 million, a decrease of 1.81% compared to the same period last year[4] - Total profit for Q3 2025 was a loss of CNY 47.54 million, with a year-to-date loss of CNY 144.14 million[4] - Net profit attributable to shareholders for Q3 2025 was a loss of CNY 47.39 million, with a year-to-date loss of CNY 143.92 million[4] - Basic and diluted earnings per share for Q3 2025 were both CNY -0.12, with a year-to-date figure of CNY -0.37[5] - Total revenue for the first three quarters of 2025 was CNY 641,093,053.04, a decrease of 2.54% compared to CNY 657,760,384.42 in the same period of 2024[21] - Net loss for the first three quarters of 2025 was CNY 144,346,492.95, compared to a net loss of CNY 99,039,781.75 in the same period of 2024, representing a 45.7% increase in losses[22] - Operating profit for the first three quarters of 2025 was CNY -143,594,413.62, worsening from CNY -105,716,489.12 in the previous year[22] - Total comprehensive income for the period was -144,346,492.95 RMB, compared to -99,039,781.75 RMB in the same period last year, indicating a decline of approximately 45.7%[23] - Basic and diluted earnings per share were both -0.37 RMB, compared to -0.25 RMB in the previous year, reflecting a decrease of 48%[23] Assets and Liabilities - Total assets increased by 15.00% to CNY 2.74 billion compared to the end of the previous year[5] - Total assets amounted to CNY 2,742,151,020.00, up from CNY 2,384,490,644.30, reflecting a growth of 15.03%[19] - Total liabilities increased to CNY 2,334,954,647.43, compared to CNY 1,832,947,778.78, marking a rise of 27.4%[18] - Non-current assets totaled CNY 2,393,482,302.62, an increase from CNY 1,950,203,414.39, representing a growth of 22.7%[19] - Current liabilities reached CNY 1,772,100,992.31, up from CNY 1,565,124,312.98, indicating a rise of 13.2%[18] - The company reported a significant increase in other payables, which rose to CNY 280,904,679.48 from CNY 78,452,949.74, reflecting a growth of 258.5%[18] Cash Flow - Cash flow from operating activities was a net outflow of CNY 50.90 million year-to-date[5] - Cash inflows from operating activities totaled 519,563,917.16 RMB, down from 594,417,873.79 RMB, representing a decrease of about 12.5%[26] - Cash outflows from operating activities amounted to 570,467,670.16 RMB, compared to 609,518,454.03 RMB, showing a reduction of approximately 6.4%[26] - The net cash flow from operating activities was -50,903,753.00 RMB, worsening from -15,100,580.24 RMB in the previous year[26] - Cash inflows from financing activities reached 1,514,668,000.00 RMB, an increase from 842,575,000.00 RMB, marking an increase of about 79.5%[28] - The net cash flow from financing activities was 294,227,040.46 RMB, compared to 72,029,147.07 RMB, indicating a significant improvement[28] - The ending cash and cash equivalents balance was 8,153,085.34 RMB, down from 33,593,807.86 RMB, reflecting a decrease of approximately 75.7%[28] - The company received 1,049,700,000.00 RMB in cash from borrowings, which is an increase from 707,375,000.00 RMB, representing a growth of about 48.3%[28] - The company reported a cash outflow of 927,724,457.18 RMB for debt repayment, compared to 630,445,393.53 RMB, indicating an increase of approximately 47.2%[28] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,785[11] - The largest shareholder, Weifang Urban Construction Development Investment Group Co., Ltd., holds 112,115,384 shares, accounting for 28.92% of the total shares[11] - The second-largest shareholder, Weifang Yaxing Group Co., Ltd., holds 23,832,797 shares, representing 6.15% of the total shares[11] Projects and Developments - The company is advancing the construction of a 45,000-ton high-end new material (PVDC) project, expected to commence production in Q4 2025[13] - The company is also working on a 500-ton/year hexachlorocyclotriphosphazene and a 500-ton/year benzyl chloride ammonium industrialization project, both set to start production in Q4 2025[13] - The company has completed the mid-term process for a 12,000-ton/year hydrazine hydrate production project, with industrial design currently in progress[13] - The company has approximately 1.17 billion RMB in relocation compensation that has not yet been disbursed[14]

Market Overview - The chemical raw materials sector experienced a decline of 1.62% on October 13, with Satellite Chemical leading the drop [1] - The Shanghai Composite Index closed at 3889.5, down 0.19%, while the Shenzhen Component Index closed at 13231.47, down 0.93% [1] Stock Performance - Notable gainers in the chemical raw materials sector included: - *ST Asia Pacific: Closed at 12.55, up 5.02% with a trading volume of 285,800 shares and a turnover of 339 million yuan - Huarong Chemical: Closed at 11.71, up 4.27% with a trading volume of 217,400 shares and a turnover of 251 million yuan - Xutian Salt Industry: Closed at 6.13, up 4.07% with a trading volume of 389,000 shares and a turnover of 233 million yuan [1] - Conversely, significant decliners included: - Satellite Chemical: Closed at 18.84, down 4.61% with a trading volume of 672,900 shares and a turnover of 1.257 billion yuan - Luxi Chemical: Closed at 14.10, down 4.02% with a trading volume of 313,800 shares and a turnover of 441 million yuan - Baofeng Energy: Closed at 17.60, down 3.40% with a trading volume of 675,500 shares and a turnover of 1.191 billion yuan [2] Capital Flow - The chemical raw materials sector saw a net outflow of 467 million yuan from institutional investors, while retail investors experienced a net inflow of 486 million yuan [2] - Detailed capital flow for selected stocks showed: - Zhongke Titanium White: Net inflow of 64.89 million yuan from institutional investors, with a net outflow of 90.82 million yuan from retail investors [3] - Proposal Co.: Net inflow of 38.51 million yuan from institutional investors, with a net outflow of 10.74 million yuan from retail investors [3]

证券代码：600319 证券简称：亚星化学 编号：临2025-045 潍坊亚星化学股份有限公司 关于公司办理融资租赁业务的公告 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: ●潍坊亚星化学股份有限公司（以下简称"公司"或"亚星化学"）本次拟开 展融资租赁业务的额度为不超过人民币4,600万元； ●本次交易已经公司第九届董事会第十七次会议审议通过，无需提交公司股东会审议； ●本次融资租赁事项不构成关联交易，亦不属于《上市公司重大资产重组管理 办法》规定的重大资产重组情形。 一、融资租赁情况概述 公司于2025年10月9日召开第九届董事会第十七次会议，以9票同意，0票反 对，0票弃权，审议通过了《关于公司办理融资租赁业务的议案》。为补充生产 经营资金，公司用自有的化工生产设备资产作为租赁物，以售后回租方式向山东 省财金融资租赁有限公司（以下称"省财金租赁"）办理融资租赁业务，融资金 额合计不超过人民币4,600万元，租赁期限36个月，融资综合成本年化利率约6.3%， 实际成本以合同约定为准。本次开展融资租赁业务审 ...

Market Overview - On September 29, the chemical raw materials sector rose by 1.58%, with Shilong Industrial leading the gains [1] - The Shanghai Composite Index closed at 3862.53, up 0.9%, while the Shenzhen Component Index closed at 13479.43, up 2.05% [1] Stock Performance - Shilong Industrial (002748) closed at 10.16, with a gain of 9.96% and a trading volume of 129,000 shares, amounting to a turnover of 127 million yuan [1] - Sanxiang New Materials (603663) closed at 28.90, up 7.20%, with a trading volume of 207,400 shares and a turnover of 581 million yuan [1] - Other notable performers include: - Shanshui Technology (301190) at 66.99, up 5.04% [1] - ST Yatai (000691) at 11.82, up 4.97% [1] - Aok Holdings (300082) at 7.83, up 4.96% [1] Fund Flow Analysis - The chemical raw materials sector experienced a net outflow of 116 million yuan from institutional investors, while retail investors saw a net inflow of 143 million yuan [2] - The detailed fund flow for key stocks includes: - Shilong Industrial: Net inflow of 48.34 million yuan from institutional investors [3] - Sanxiang New Materials: Net inflow of 31.95 million yuan from institutional investors [3] - Zhongke Titanium White (002145): Net inflow of 31.74 million yuan from institutional investors [3]

Market Overview - On September 15, the chemical raw materials sector declined by 0.16% compared to the previous trading day, with Zhenhua Co., Ltd. leading the decline [1] - The Shanghai Composite Index closed at 3860.5, down 0.26%, while the Shenzhen Component Index closed at 13005.77, up 0.63% [1] Stock Performance - Notable gainers in the chemical raw materials sector included: - Longbai Group (002601) with a closing price of 19.62, up 5.09% and a trading volume of 667,300 shares, totaling 1.314 billion yuan [1] - ST Yatai (000691) with a closing price of 7.81, up 4.97% and a trading volume of 101,400 shares, totaling 79.1972 million yuan [1] - Jinhai Titanium Industry (000545) with a closing price of 3.69, up 4.53% and a trading volume of 1,184,600 shares, totaling 435 million yuan [1] - Major decliners included: - Zhenhua Co., Ltd. (603067) with a closing price of 17.90, down 4.33% and a trading volume of 180,800 shares, totaling 329 million yuan [2] - Sanyou Chemical (600409) with a closing price of 5.78, down 3.02% and a trading volume of 368,900 shares, totaling 216 million yuan [2] - Jinniu Chemical (600722) with a closing price of 7.09, down 2.88% and a trading volume of 319,900 shares, totaling 228 million yuan [2] Capital Flow - The chemical raw materials sector experienced a net outflow of 398 million yuan from institutional investors, while retail investors saw a net inflow of 239 million yuan [2][3] - Notable capital flows included: - Huayi Group (600623) with a net inflow of 26.8479 million yuan from institutional investors [3] - Tianyuan Co., Ltd. (002386) with a net inflow of 25.0141 million yuan from institutional investors [3] - Xue Tian Salt Industry (600929) with a net inflow of 21.3913 million yuan from institutional investors [3]

Market Overview - On September 12, the chemical raw materials sector declined by 0.41%, with Dayang Bio leading the drop [1] - The Shanghai Composite Index closed at 3883.69, up 0.22%, while the Shenzhen Component Index closed at 12996.38, up 0.13% [1] Stock Performance - Notable gainers in the chemical raw materials sector included: - Zhenhua Co., Ltd. (603067) with a closing price of 18.59, up 4.97% [1] - ST Yatai (000691) with a closing price of 7.44, up 4.94% [1] - Shilong Industry (002748) with a closing price of 10.17, up 4.31% [1] - Major decliners included: - Dayang Bio (003017) with a closing price of 33.78, down 3.82% [2] - Sanyou Chemical (600409) with a closing price of 5.97, down 2.45% [2] - Kaisheng New Materials (301069) with a closing price of 23.12, down 2.41% [2] Capital Flow - The chemical raw materials sector experienced a net outflow of 209 million yuan from main funds, while retail funds saw a net inflow of 89.33 million yuan [2] - Key stocks with significant capital flow included: - Longbai Group (002601) with a main fund net inflow of 26.73 million yuan [3] - Zhongke Titanium White (002145) with a main fund net inflow of 25.74 million yuan [3] - Huayi Group (600623) with a main fund net inflow of 22.27 million yuan [3]

Market Overview - On September 9, the chemical raw materials sector declined by 0.5%, with Yaxing Chemical leading the drop [1] - The Shanghai Composite Index closed at 3807.29, down 0.51%, while the Shenzhen Component Index closed at 12510.6, down 1.23% [1] Stock Performance - Notable gainers in the chemical raw materials sector included: - Junzheng Group: closed at 5.60, up 7.07% with a trading volume of 6.54 million shares and a transaction value of 3.67 billion [1] - ST Yatai: closed at 6.43, up 5.07% with a trading volume of 6501.5 shares [1] - Huiyun Titanium Industry: closed at 10.55, up 4.98% with a trading volume of 445.2 thousand shares and a transaction value of 479 million [1] - Conversely, Yaxing Chemical saw a decline of 4.18%, closing at 8.25 with a trading volume of 132.5 thousand shares and a transaction value of 110 million [2] - Other notable decliners included: - Sanxiang New Materials: down 4.07% to 29.91 with a transaction value of 857 million [2] - Longbo Group: down 2.79% to 18.79 with a transaction value of 891 million [2] Capital Flow - The chemical raw materials sector experienced a net outflow of 277 million from institutional investors and 161 million from retail investors, while retail investors saw a net inflow of 437 million [2] - Specific stock capital flows indicated: - Junzheng Group had a net inflow of 3.86 million from institutional investors, while retail investors had a net outflow of 2.39 million [3] - Huiyun Titanium Industry saw a net inflow of 42.39 million from institutional investors but a net outflow of 68.96 million from retail investors [3] - Anada had a net inflow of 11.41 million from institutional investors, with retail investors experiencing a net outflow of 2.98 million [3]

Group 1 - The core viewpoint of the news is that Yaxing Chemical's stock has experienced significant fluctuations, with a year-to-date increase of 70.21% and recent trading activity showing a decline of 2.04% on September 3 [1] - As of June 30, Yaxing Chemical's shareholder count was 15,700, a decrease of 3.28% from the previous period, with an average of 20,098 circulating shares per person, an increase of 3.39% [2] - The company operates primarily in the chemical sector, focusing on the research, production, and sales of products such as caustic soda and CPE, with 99.86% of its revenue coming from chemical products [1][2] Group 2 - For the first half of 2025, Yaxing Chemical reported a revenue of 428 million yuan, a year-on-year decrease of 2.89%, and a net profit attributable to shareholders of -96.534 million yuan, a decline of 54.70% [2] - The company has not distributed any dividends in the last three years, with a total payout of 224 million yuan since its A-share listing [3]