Group 1 - Northern Rare Earth reported a net profit increase of 280% year-on-year for the first three quarters, driven by higher sales volume and prices of rare earth products [1] - Postal Savings Bank has received approval to establish a financial asset investment company with a registered capital of 10 billion yuan, aimed at enhancing comprehensive service capabilities and supporting technological innovation [2] - Silyus announced a maximum price of HKD 131.5 per share for its H-share issuance, with a total of 100.2 million shares available for global offering [3] Group 2 - Hengtong Optic-Electric won a bid for marine energy projects with a total contract value of 1.868 billion yuan, including the supply and construction of undersea cables [4] - Western Mining's subsidiary Yulong Copper won exploration rights for the Chating copper polymetallic mine for 8.609 billion yuan, which is expected to enhance the company's resource reserves [5] - China Bank appointed Liu Chenggang as vice president, effective from October 24, 2025 [6] Group 3 - ST Guangwu announced the removal of other risk warnings for its stock, changing its name to Guanghui Logistics, which will allow for a wider trading limit [7] - Wireless Media set an initial transfer price of 29.11 yuan per share for its inquiry transfer, with a subscription multiple of 2.01 times [8][9] - Jiangshan Oupai's subsidiaries in Henan and Chongqing will cease operations due to insufficient orders, with business transferred to its Zhejiang base [10] Group 4 - Zhenyu Technology plans to invest 2.11 billion yuan in precision component manufacturing and humanoid robot projects, with the first phase of investment to be signed soon [11] - Jinyuan Co. announced the resignation of its general manager, with Qiu Yongping appointed as the new general manager [12] Group 5 - CanSino reported a net profit of 27.93 million yuan for Q3, a year-on-year increase of 842.01% [13] - Jiangshan Co. reported a net profit of 86.73 million yuan for Q3, a year-on-year increase of 11,890.01% [14] - Yingshi Innovation reported a net profit of 272 million yuan for Q3, a year-on-year decrease of 15.90% [15] Group 6 - Chip Origin reported a net loss of 26.85 million yuan for Q3, despite a revenue increase of 78.38% [16] - Tonghua Dongbao reported a net profit of 984 million yuan for Q3, a year-on-year increase of 499.86% [17] - Hengrui Medicine reported a net profit of 1.301 billion yuan for Q3, a year-on-year increase of 9.53% [18] Group 7 - Zhongguang Lightning reported a net profit of 6.46 million yuan for Q3, a year-on-year increase of 382.66% [19] - Ice River Network reported a net profit of 166 million yuan for Q3, a year-on-year increase of 244.58% [20] - Daheng Technology reported a net profit of 71.48 million yuan for Q3, a year-on-year increase of 1,960.72% [21] Group 8 - Yanjin Puzhi reported a net profit of 232 million yuan for Q3, a year-on-year increase of 33.55% [22] - Sichuan Gold reported a net profit of 160 million yuan for Q3, a year-on-year increase of 184.38% [23] - Sanbo Brain Science reported a net profit of 13.93 million yuan for Q3, a year-on-year decrease of 63.26% [24] Group 9 - Hengli Petrochemical reported a net profit of 1.972 billion yuan for Q3, a year-on-year increase of 81.47% [25] - Deepin Technology reported a net profit of 147 million yuan for Q3, a year-on-year increase of 1,097.40% [26] - Huisheng Biological reported a net profit of 70.72 million yuan for Q3, a year-on-year increase of 1,575.79% [27] Group 10 - Gaode Infrared reported a net profit of 401 million yuan for Q3, a year-on-year increase of 1,143.72% [28] - Qingdao Beer reported a net profit of 1.37 billion yuan for Q3, a year-on-year increase of 1.62% [29] - Nanjing Public Utilities reported a net profit of 84.62 million yuan for Q3, a year-on-year increase of 2,492.12% [30] Group 11 - Zhangyuan Tungsten reported a net profit of 75.02 million yuan for Q3, a year-on-year increase of 118.56% [31] - Yongmaotai reported a net profit of 30.41 million yuan for Q3, a year-on-year increase of 6,319.92% [32] Group 12 - Tongrun Equipment announced that two shareholders plan to reduce their holdings by 1.50% each, totaling a maximum of 3.00% [33] - High-speed Rail Electric announced a pre-bid for a city rail transit project worth 62.39 million yuan [34]

Core Viewpoint - Hengli Petrochemical reported strong financial performance in Q3 2025, with a significant year-on-year profit increase despite challenging macroeconomic conditions [1][2]. Financial Performance - For the first three quarters of the year, Hengli Petrochemical achieved operating revenue of 157.384 billion yuan and a net profit attributable to shareholders of 5.023 billion yuan, with operating cash flow of 20.134 billion yuan [1]. - In Q3 alone, the company recorded a profit of 1.972 billion yuan, representing an 81.47% year-on-year increase and a substantial improvement compared to Q2 [1]. Operational Strategy - The company has maintained a leading position in the industry by flexibly adjusting its product structure and enhancing cost control in response to market changes and cost fluctuations [1][2]. - Hengli Petrochemical employs a strategy of "oil when suitable, ethylene when suitable, aromatic when suitable, and chemical when suitable," allowing it to prioritize high-margin products [2]. Industry Position and Capabilities - As one of the earliest private large-scale refining enterprises in China, Hengli Petrochemical has established a modern industrial system with integrated capacities, including a 20 million tons/year refining project and various chemical production facilities [1]. - The company has a comprehensive product layout in downstream chemical new materials, including differentiated fibers, functional films, engineering plastics, and biodegradable materials [1]. Competitive Advantages - Hengli Petrochemical possesses strategic advantages in full industry chain development, comprehensive operational capabilities, high-end R&D-driven market competitiveness, and efficient management through smart and lean practices [2]. - The company has implemented continuous cost improvements and accelerated the construction of high-value-added projects, reinforcing its cost advantage [2]. Shareholder Returns - Hengli Petrochemical is noted for its commitment to high cash dividends, having distributed a total of 26.1 billion yuan in cash dividends since its listing, which is 40.43% of the cumulative net profit during the same period [3]. - The company plans to enhance its shareholder value return mechanism, ensuring long-term, stable, and sustainable returns as profitability and cash dividend capacity improve [3].

Core Insights - Hengli Petrochemical (600346.SH) reported a revenue of 53.496 billion yuan for Q3 2025, a year-on-year decrease of 17.98% [1] - The net profit for Q3 2025 was 1.972 billion yuan, showing a significant year-on-year increase of 81.47% [1] - For the first three quarters of 2025, the total revenue was 157.384 billion yuan, down 11.46% year-on-year, while net profit decreased slightly by 1.61% to 5.023 billion yuan [1] - The performance changes are primarily attributed to the decline in crude oil prices in the same period last year, which compressed the gross margin, whereas this year’s stable price trend has led to a steady improvement in gross margin compared to the same period last year [1]

Core Viewpoint - Hengli Petrochemical (600346.SH) reported a decline in operating revenue for Q3 2025, while net profit showed significant growth compared to the previous year [1] Financial Performance - Operating revenue for Q3 2025 was 53.496 billion yuan, a year-on-year decrease of 17.98% [1] - Net profit attributable to shareholders was 1.972 billion yuan, reflecting an increase of 81.47% year-on-year [1] - Net profit attributable to shareholders after deducting non-recurring gains and losses was 1.889 billion yuan, up 74.15% year-on-year [1]

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：2025-069 恒力石化股份有限公司 2025年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。 恒力石化股份有限公司（以下简称"公司"）根据《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》要求，现将公司 2025 年 三季度主要经营数据披露如下： 二、主要产品价格波动情况 | 主要产品 | 2025 年 1-9 月 | | 2024 年 | 1-9 月 | 变动比率（%） | | | --- | --- | --- | --- | --- | --- | --- | | | 平均售价（元/吨） | | 平均售价（元/吨） | | | | | 炼化产品 | | 4,994.92 | | 5,509.68 | | -9.34 | | PTA | | 4,241.21 | | 5,159.03 | | -17.79 | | 新材料产品 | | 6,982.71 | | 8,138.92 | | -14 ...

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：2025-068 恒力石化股份有限公司 关于召开2025年第四次临时股东会的通知 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： 一、 召开会议的基本情况 （一）股东会类型和届次 2025年第四次临时股东会 （四）现场会议召开的日期、时间和地点 召开的日期时间：2025 年 11 月 12 日 14 点 00 分 召开地点：苏州市吴江区盛泽镇南麻工业区恒力路一号 （五）网络投票的系统、起止日期和投票时间。 网络投票起止时间：自2025 年 11 月 12 日 至2025 年 11 月 12 日 （七）涉及公开征集股东投票权 网络投票系统：上海证券交易所股东会网络投票系统 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过 互联网投票平台的投票时间为股东会召开当日的 9:15-15:00。 股东会召开日期：2025年11月 ...

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：2025-066 恒力石化股份有限公司 第十届董事会第二次会议决议公告 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。 恒力石化股份有限公司（以下简称"公司"）第十届董事会第二次会议（以 下简称"本次会议"）于 2025 年 10 月 22 日以电子邮件、电话方式发出会议通 知，于 2025 年 10 月 27 日以现场结合通讯方式召开。会议应出席董事 8 名，实 际出席董事 8 名。会议由董事长范红卫女士主持，公司高级管理人员列席了会议。 本次会议的召开和表决程序符合《公司法》和《公司章程》等有关规定。 经与会董事认真逐项审议，本次会议通过了如下决议： 一、《2025年第三季度报告》 恒力石化股份有限公司 三、《关于召开公司 2025 年第四次临时股东会的议案》 公司拟定于 2025 年 11 月 12 日召开 2025 年第四次临时股东会，审议有关议 案相关事项。具体内容详见同日在指定信息披露媒体及上海证券交易所网站 （www.sse.com.cn ...

恒力石化股份有限公司 2025 年第三季度报告 证券代码：600346 证券简称：恒力石化 恒力石化股份有限公司 2025 年第三季度报告 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： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 1 / 12 单位：万元 币种：人民币 项目 本报告期 本报告期比 上年同期增 减变动幅度 (%) 年初至报告期末 年初至报告期 末比上年同期 增减变动幅度 (%) 营业收入 5,349,626.95 -17.98 15,738,358.14 -11.46 利润总额 265,066.27 87.26 666,745.37 0.59 归属于上市公司股东的 净利润 197,242.10 81.47 50 ...

Core Viewpoint - Hengli Petrochemical (600346.SH) reported a decline in revenue and net profit for the first three quarters of 2025, indicating potential challenges in the company's financial performance [2] Financial Performance - Revenue for the first three quarters reached 157.384 billion yuan, representing a year-on-year decrease of 11.46% [2] - Net profit amounted to 5.023 billion yuan, showing a year-on-year decline of 1.61% [2]

恒力石化股份有限公司 关于申请统一注册发行非金融企业债务融资工具（DFI） 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。 为满足公司经营发展需要，进一步拓宽融资渠道，优化融资结构，降低融资成 本，保持公司资金筹措、管理及运用的灵活性，恒力石化股份有限公司（以下简称 "公司"）拟向中国银行间市场交易商协会申请统一注册并发行非金融企业债务融 资工具（以下简称"DFI"）。公司于2025年10月27日召开第十届董事会第二次会议， 审议通过《关于申请统一注册发行非金融企业债务融资工具（DFI）的议案》，现将 有关情况公告如下： 一、注册与发行方案 1、注册品种 证券代码：600346 证券简称：恒力石化 公告编号：2025-067 恒力石化股份有限公司 非金融企业债务融资工具（DFI）品种包括超短期融资券、短期融资券、中期票 据、永续票据、资产支持票据、绿色债务融资工具、定向债务融资工具等。 2、注册规模 采用统一注册模式，注册阶段不设置注册额度，发行阶段再确定DFI项下各债券 的品种、规模、期限等相关要素，具体每期发行规模 ...