卫星能有多轻？ 沙钢冷轧智能制样及检测中心，机械臂精准运转，自动导引运输车沿预设轨道平稳穿梭，高效有序。 一块刚从冷轧生产线下线的钢板进入中心，机械臂将其稳稳抓取送入自动化制样生产线，经激光打码赋 予专属"身份标识"，再通过精准切割、冲片与分拣，厚重的钢板被加工成规格统一、边缘光滑的试样 片。 "以往钢板制样完全依赖人工搬运和手动操作，现在'一键启动'就能自动完成！"在制样岗位工作10年的 辛师傅感慨。 "把科技创新这个'关键变量'转化为高质量发展的'最大增量'。"前不久，传化集团董事长徐冠巨参加了 民营经济代表人士学习贯彻党的二十届四中全会精神、中央经济工作会议精神专题研讨班，他说，在人 工智能领域，既要有"硬科技"，也要在丰富的应用场景中创造优势。 在星众空间（嘉兴）科技股份有限公司工厂，重量最轻的卫星仅20公斤，性能却不打折扣。"微纳卫星 应用正加速走进寻常百姓家。"企业相关负责人表示，未来普通用户有望手机"下单"，享受高清影像服 务。 这是近年来我国民营企业在创新引领中勇攀高峰的缩影。向"新"谋远、借"智"攀高，广大民营企业在增 强信心中砥砺前行，在塑造韧性中固本培元，坚定做中国特色社会主义的建设者、 ...

格隆汇1月9日丨恒力石化(600346.SH)公布，公司实际控制人之一陈建华先生计划自2025年4月9日起12 个月内，以自有资金或自筹资金通过上海证券交易所交易系统以集中竞价交易方式增持本公司股份，增 持金额不低于人民币5亿元，不超过人民币10亿元。 ...

格隆汇1月9日丨恒力石化(600346.SH)公布，公司实际控制人之一陈建华先生计划自2025年4月9日起12 个月内，以自有资金或自筹资金通过上海证券交易所交易系统以集中竞价交易方式增持本公司股份，增 持金额不低于人民币5亿元，不超过人民币10亿元。 ...

恒力石化股份有限公司 证券代码：600346 证券简称：恒力石化 公告编号：2026-003 恒力石化股份有限公司 关于实际控制人增持公司股份的进展公告 本公司董事会、全体董事及相关股东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： | 股东名称 | 持股数量（股） | 持股比例（%） | 一致行动关系 | | --- | --- | --- | --- | | | | | 形成原因 | | 恒力集团有限公司 | 2,100,612,342 | 29.84 | 公司实际控制 | | 恒能投资（大连）有限公司 | 1,498,478,926 | 21.29 | 人为陈建华、范 | | 范红卫 | 791,494,169 | 11.24 | 红卫夫妇，根据 | | 德诚利国际集团有限公司 | 732,711,668 | 10.41 | 《上市公司收 | | 江苏和高投资有限公司 | 61,952,065 | 0.88 | 购管理办法》的 | | 海来得国际投资有限公司 | 52,246,838 | 0.74 | 规定，表中所示 | | ...

受益于2025年长丝链景气度上行，据百川盈孚，2025年PX/PTA/长丝开工率为84%/76%/89%，同比变化 +1.4/-3.1/2.7pcts；PX景气度上行、PTA和长丝盈利实现触底反弹：PXN价差从2025Q1的203美元/吨增长 至2025Q4的267美元/吨，PTA加工费从2025年10月最低的73元/吨增长至12月31日的362元/吨，长丝毛利 润从2025Q3的-175元/吨增长至2025Q4的-83元/吨。PX/PTA/长丝新增产能放缓，2026年PX/PTA/长丝预 计投产500/0/315万吨，对应增速约为11%/0%/7%。2020年-2025年表观消费量CAGR为4.6%/6%/5.3%， 由于新增产能投产时间分布在全年且爬坡需要时间，实际供给量小于需求增速，预计2026年长丝链供需 将进一步改善。 研报认为，反内卷有望带动行业盈利增长，对应公司业绩弹性较大。由于上游PX和下游长丝供需格局 较好，中游PTA存在一定产能过剩，长丝产业链盈利呈现"两端高，中游低"的现象，产业链涨价传导不 顺。 据百川盈孚，PTA和长丝行业集中度较高，PTA/长丝CR8集中度为62.43%/68.58 ...

资料显示，恒力石化股份有限公司位于辽宁省大连市中山区人民路街道港兴路52号维多利亚广场B楼31 层，成立日期1999年3月9日，上市日期2001年8月20日，公司主营业务涉及涤纶纤维、聚酯薄膜等相关 产品的研发、生产和销售以及蒸汽、电力的生产和销售;PTA生产、销售以及炼化、石化业务。主营业 务收入构成为：炼化产品45.92%，PTA31.10%，聚酯产品19.24%，其他3.73%。 恒力石化所属申万行业为：石油石化-炼化及贸易-炼油化工。所属概念板块包括：可降解、煤化工、新 材料、锂电池、融资融券等。 1月9日，恒力石化盘中下跌2.06%，截至10:13，报23.30元/股，成交2.65亿元，换手率0.16%，总市值 1640.11亿元。 资金流向方面，主力资金净流出798.80万元，特大单买入1651.43万元，占比6.22%，卖出2808.91万元， 占比10.59%；大单买入6212.03万元，占比23.42%，卖出5853.34万元，占比22.06%。 恒力石化今年以来股价涨3.42%，近5个交易日涨3.42%，近20日涨23.02%，近60日涨38.03%。 分红方面，恒力石化A股上市后累计派现 ...

Market Overview - The Shanghai Composite Index rose by 0.05% on January 7, with 17 out of the 28 sectors experiencing gains, led by the comprehensive and coal industries, which increased by 3.86% and 2.47% respectively [1] - The oil and petrochemical sector saw the largest decline, dropping by 1.73%, followed by the non-bank financial sector, which fell by 1.13% [1] Capital Flow Analysis - The main capital outflow from the two markets totaled 54.336 billion yuan, with only four sectors experiencing net inflows [1] - The telecommunications sector had the highest net inflow, amounting to 4.752 billion yuan, while the coal sector followed with a net inflow of 1.870 billion yuan [1] Oil and Petrochemical Sector Details - The oil and petrochemical sector experienced a net outflow of 999.3 million yuan, with 12 out of 47 stocks in the sector rising and 35 declining [2] - Among the stocks with net inflows, the top performer was Unified Holdings, which saw an inflow of 74.91 million yuan, followed by Guanghui Energy and Bohai Chemical with inflows of 39.62 million yuan and 19.58 million yuan respectively [2] - The stocks with the highest net outflows included China National Offshore Oil Corporation, which had an outflow of 504.09 million yuan, and China Petroleum with an outflow of 129.66 million yuan [2] Individual Stock Performance - The following stocks in the oil and petrochemical sector had significant net outflows: - China National Offshore Oil Corporation: -4.03% with a net outflow of 503.91 million yuan [2] - China Petroleum: -3.60% with a net outflow of 129.66 million yuan [2] - Hengli Petrochemical: -0.80% with a net outflow of 125.78 million yuan [2] - Conversely, Unified Holdings had a notable increase of 4.27% with a substantial net inflow of 74.91 million yuan [3]

Group 1 - Morgan Stanley estimates that after Maduro's departure, Venezuela's oil production may experience a temporary shock, potentially dropping by 50% [1] - If political and operational stability is restored, production could quickly recover, with the potential to reach 1.4 million barrels per day within two years and 2.5 million barrels per day in the next decade, compared to the current production of 800,000 to 900,000 barrels per day [1] Group 2 - The impact on Chinese oil companies is limited, as Venezuelan crude is expected to account for only 4% of China's total crude imports by 2025, with most processed by independent or small refineries rather than major listed companies like Sinopec or PetroChina [3] - Sinopec and CNOOC do not have commercial assets in Venezuela, and the loss of Venezuelan crude would have a limited effect on China's refining industry due to the availability of alternative crude sources [3] - The company is optimistic about PetroChina due to its successful decoupling from oil prices through local natural gas operations, expecting a dividend of 0.26 yuan in the second half of the year [3] - Lower oil prices and interest rates may accelerate the recovery of oil-based chemical stocks, with an "overweight" rating given to Hengli Petrochemical [3] - Due to weak short-term profit prospects, Sinopec is rated "neutral," with a reassessment pending clearer strategies from its 14th Five-Year Plan [3]

Group 1 - Morgan Stanley estimates that after Maduro leaves Venezuela, local oil production may experience a temporary shock, potentially declining by 50% [1] - If political and operational stability is restored, production could quickly recover, with the potential to reach 1.4 million barrels per day within two years and 2.5 million barrels per day in the next decade, compared to the current production of 800,000 to 900,000 barrels per day [1] - The impact on Chinese oil companies is limited, as most Venezuelan crude oil processed is by independent or small refineries rather than major listed companies like Sinopec or PetroChina, which do not have commercial assets in Venezuela [1] Group 2 - The company is optimistic about PetroChina due to its successful decoupling from oil prices through local natural gas operations, with expected dividends of 0.26 yuan in the second half of the year [1] - Lower oil prices and interest rates may accelerate the recovery of oil-based chemical stocks, leading to an "overweight" rating for Hengli Petrochemical [1] - Due to weak short-term profit prospects, Sinopec is given a "neutral" rating, with plans to reassess after the clarity of its 14th Five-Year Plan strategy [1]

至于对中国油企的影响，该行指，虽然委内瑞拉原油在2025年占中国原油进口总量4%，但由于美国制 裁，其中大部分由独立炼厂或小型炼厂加工，而非中石化或中石油等上市公司。另外，中石化及中海油 在委内瑞拉并无商业资产。若中国真的失去委内瑞拉原油，对中国的炼油业影响亦有限，因仍有其他原 油可取代。 摩根大通估算，马杜罗离开委内瑞拉后，当地石油产量可能会经历短暂冲击，产量或下跌50%。不过， 若政治及营运等恢复稳定，生产将迅速复苏，当地产量有机会在两年内恢复至每日140万桶，并在未来 十年达到每日250万桶，而目前产量仅为每日80万至90万桶。 股份方面，该行看好中石油，因其通过本地天然气业务成功与油价脱钩，料下半年股息可达0.26元。另 外，较低的油价及利率环境亦可能加速油基化工股的复苏，该行予恒力石化"增持"评级。基于短期盈利 前景疲弱，该行予中石化"中性"评级，待其"十五五"规划策略更清晰后将重新评估。 ...