Core Viewpoint - Hengli Petrochemical Co., Ltd. is set to hold a performance briefing for the fiscal year 2024 and the first quarter of 2025 on May 26, 2025, to address investor inquiries and discuss financial results [2][3]. Group 1: Meeting Details - The performance briefing will take place on May 26, 2025, from 10:00 to 11:00 AM [4]. - The meeting will be conducted via video and online interaction at the Shanghai Stock Exchange Roadshow Center [3][4]. - Investors can participate by logging into the Roadshow Center website [5]. Group 2: Investor Participation - Investors can submit questions from May 19 to May 23, 2025, by accessing the "Pre-Question Collection" section on the Roadshow Center website or via the company's email [2][5]. - The company will respond to commonly asked questions during the briefing [2][5]. Group 3: Contact Information - For inquiries, investors can contact the Board Office at phone number 0411-39865111 or via email at hlzq@hengli.com [5].

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：2025-036 恒力石化股份有限公司 关于召开2024年度暨2025年第一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： 恒力石化股份有限公司（以下简称"公司"）已于 2025 年 4 月 17 日、2025 年 4 月 22 日分别发布公司《2024 年年度报告》、《2025 年第一季度报告》，为便于广大投 资者更全面深入地了解公司 2024 年度及 2025 年第一季度经营成果、财务状况，公司 计划于 2025 年 5 月 26 日 10:00-11:00 举行 2024 年度暨 2025 年第一季度业绩说明会， 就投资者关心的问题进行交流。 一、说明会类型 本次业绩说明会以视频结合网络互动召开，公司将针对 2024 年度及 2025 年第一 季度的经营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允 许的范围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 （一）会议召开时间： ...

北京市天元律师事务所 关于恒力石化股份有限公司 召开 2024 年年度股东大会的法律意见 京天股字（2025）第 169 号 致：恒力石化股份有限公司 恒力石化股份有限公司（以下简称"公司"）2024 年年度股东大会（以下简 称"本次股东大会"）采取现场投票与网络投票相结合的方式召开，其中现场会议 于 2025 年 5 月 8 日在苏州市吴江区盛泽镇南麻工业区恒力路一号召开。北京市天 元律师事务所（以下简称"本所"）接受公司聘任，指派本所律师参加本次股东大 会现场会议，并根据《中华人民共和国公司法》、《中华人民共和国证券法》（以下 简称"《证券法》"）、《上市公司股东会规则》（以下简称"《股东会规则》"） 以及《恒力石化股份有限公司章程》（以下简称"《公司章程》"）等有关规定， 就本次股东大会的召集、召开程序、出席现场会议人员的资格、召集人资格、会议 表决程序及表决结果等事项出具本法律意见。 为出具本法律意见，本所律师审查了《恒力石化股份有限公司第九届董事会第 二十六次会议决议公告》、《恒力石化股份有限公司第九届监事会第十七次会议决议 公告》、《恒力石化股份有限公司关于召开 2024 年年度股东大会的通知》（ ...

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：2025-035 恒力石化股份有限公司 2024年年度股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 618 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 5,846,599,179 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 83.0589 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会由公司董事会提议召开，董事长范红卫女士主持会议，采取现 场投票和网络投票相结合的表决方式。会议的召集、召开及表决均符合《公司法》 和《公司章程》等相关法律法规的规定。 (一) 股东大会召开的时间：2025 年 5 月 8 日 (二) 股东大会召开的地点：苏州市吴江区盛泽镇南麻工业区恒力路一号 (三) 出席 ...

中国化工品牌价值增幅最大，荣盛石化首现前五。 【中国北京】当地时间2025年5月7日，《Brand Finance（品牌金融）2025年全球化工品牌价值榜》正式发布。报告包含全球化工品牌价值50强与全球油漆涂 料品牌价值10强的权威排名。凤凰网作为中国独家首发媒体，同步公布该报告的最新动态。 报告显示，全球前50大化工品牌的总价值下降了1.6%，目前为824.5亿美元，这一变化主要归因于美国和德国等关键西方市场表现欠佳。相比之下，中国化 工品牌在2025年实现了显著的品牌价值增长，增幅达到17.6%。 荣盛石化的品牌价值同比增长5.6%，达到32.3亿美元，排名上升一位，成为首个进入全球化工品牌价值排行榜前五的中国品牌，展现出卓越的市场竞争力。 近期，公司舟山绿色石化基地二期项目的顺利投产，标志着其在高端聚酯材料领域实现了关键技术突破。此外，荣盛石化在海外市场拓展方面亦取得新的进 展，与沙特阿美合资建设的炼化一体化项目稳步推进，进一步巩固并提升了品牌的国际影响力。 万华（品牌价值增长39.8%，达到20.1亿美元）、卫星化学（品牌价值增长33.9%，达到6.4亿美元）以及恒力石化（品牌价值增长31.9%，达到 ...

Core Viewpoint - The China Oil and Gas Industry Index has shown mixed performance, with a recent decline despite a monthly increase, reflecting the overall volatility in the oil and gas sector [2]. Group 1: Index Performance - The China Oil and Gas Industry Index decreased by 0.45% to 1729.45 points, with a trading volume of 12.33 billion yuan [1]. - Over the past month, the index has risen by 6.44%, but it has declined by 3.48% over the last three months and 6.14% year-to-date [2]. Group 2: Index Composition - The index includes companies involved in oil and gas exploration, equipment manufacturing, transportation, sales, refining, and primary petrochemical production [2]. - The top ten weighted companies in the index are: China National Petroleum (10.36%), China National Offshore Oil (9.87%), Sinopec (9.52%), Guanghui Energy (5.05%), China Merchants Energy (3.8%), Jereh Group (3.71%), Hengli Petrochemical (3.25%), Satellite Chemical (3.13%), Dongfang Shenghong (2.8%), and COSCO Shipping Energy (2.8%) [2]. Group 3: Market and Sector Breakdown - The Shanghai Stock Exchange accounts for 70.98% of the index's holdings, while the Shenzhen Stock Exchange accounts for 29.02% [2]. - The sector breakdown of the index holdings is as follows: Energy (61.45%), Materials (20.71%), Industrials (15.00%), Financials (1.78%), and Utilities (1.06%) [2]. Group 4: Index Adjustment and Management - The index samples are adjusted semi-annually, with adjustments occurring on the next trading day after the second Friday of June and December [3]. - In special circumstances, the index may undergo temporary adjustments, such as removing samples that are delisted or handling mergers and acquisitions according to maintenance guidelines [3].

Core Viewpoint - The company has decided to adjust its sixth employee stock ownership plan due to underperformance and market fluctuations, extending its duration and modifying certain management aspects to ensure stability and compliance with regulations [6][10][22]. Group 1: Meeting and Approval Process - The company's board of directors held the 28th meeting of the ninth session on April 30, 2025, where all eight directors attended and approved the adjustment of the employee stock ownership plan [1][4]. - The proposal was reviewed and approved by the board's remuneration and assessment committee prior to the board meeting [2]. - Related directors recused themselves from the vote, ensuring that only non-related directors participated in the decision-making process [3]. Group 2: Employee Stock Ownership Plan Details - The sixth employee stock ownership plan was initially approved in 2022, with a total of 287,797,584 shares held, representing 4.09% of the company's total equity [7]. - The plan's extension is due to its impending expiration in May 2025 and the realization that returns have not met expectations [8][22]. - Adjustments include extending the plan's duration from 36 months to 60 months and modifying the trading sensitivity periods for stock transactions [8][22]. Group 3: Legal and Compliance Aspects - The adjustments comply with the relevant regulations, including the guidelines for implementing employee stock ownership plans and self-regulatory directives from the Shanghai Stock Exchange [10][12]. - The board and supervisory committee confirmed that the adjustments do not harm the company's or shareholders' interests and that the decision-making process adhered to legal requirements [13][18]. Group 4: Trust Plan Adjustments - The company announced adjustments to a trust plan established by its controlling shareholder, which also involves employee stock purchases, extending its duration from 36 months to 60 months due to similar market conditions [20][22]. - The trust plan currently holds 94,611,800 shares, accounting for 1.34% of the company's total equity [21].

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company demonstrates resilience in its operating performance and continues to provide high dividends [2] - The company is expected to achieve revenue growth driven by multiple projects, maintaining a "Buy" rating [9] Financial Performance Summary - In 2024, the company achieved operating revenue of 236.3 billion yuan, a year-on-year increase of 0.6%, and a net profit attributable to shareholders of 7.044 billion yuan, up 2.0% year-on-year [4] - The company's cash flow from operating activities was 22.7 billion yuan, a decrease of 3.4% year-on-year [4] - The gross margin was 9.9%, down 1.4 percentage points year-on-year, while the net margin improved by 0.04 percentage points to 3.0% [4] Segment Performance - In 2024, revenue from refining products was 108.1 billion yuan, down 10% year-on-year, with a gross margin of 13.1% [4] - PTA revenue was 68.1 billion yuan, down 6% year-on-year, with a gross margin of 3.4% [4] - New materials revenue increased by 22% year-on-year to 41.8 billion yuan, with a gross margin of 14.1% [4] Future Projections - The company is projected to achieve revenues of 248.5 billion yuan in 2025, 264 billion yuan in 2026, and 276.3 billion yuan in 2027 [9] - Net profit is expected to reach 8.742 billion yuan in 2025, 9.735 billion yuan in 2026, and 11.540 billion yuan in 2027 [9] - The projected P/E ratios are 12 for 2025, 11 for 2026, and 9 for 2027 [9] Dividend Policy - The company plans to distribute a cash dividend of 0.45 yuan per share in 2024, totaling 3.168 billion yuan, with a payout ratio of 45% [7] - The focus will shift towards optimizing operations, reducing debt, and enhancing dividends following the peak of capital expenditures [7]

恒力石化股份有限公司 2024 年年度股东大会 恒力石化股份有限公司 证券代码：600346 会议材料 中国·苏州 2025 年 5 月 | | 1 | | --- | --- | | 1 | | | | 1 | | 目 | 录 | | 1 | | --- | --- | --- | --- | | 会议须知 | | | 2 | | 会议议程 | | | 4 | | 会议议案 | | | 6 | | 议案一：2024 | | 年度董事会工作报告 6 | | | 议案二：2024 | | 年度监事会工作报告 9 | | | | 议案三：《2024 | 年年度报告》及摘要 11 | | | 议案四：2024 | | 年度财务决算报告 12 | | | 议案五：2024 | | 年度利润分配方案 13 | | | 议案七：关于 | | 2024 年度监事薪酬的议案 | 15 | | 议案八：关于 | | 2025 年度日常性关联交易预计情况的议案 | 16 | | | 议案九：关于开展 | 2025 年度外汇衍生品交易业务的议案 | 20 | | 议案十：关于 | | 2025 年度担保计划的议案 | 21 | | ...

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：2025-033 恒力石化股份有限公司 第九届监事会第十九次会议决议公告 本公司监事会及全体监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"）第九届监事会第十九次会议（以下 简称"本次会议"）于 2025 年 4 月 25 日以电话和电子邮件的方式发出通知。会议于 2025 年 4 月 30 日以通讯方式召开，会议由监事会主席康云秋女士主持。本次会议应 出席监事 3 人，实际出席监事 3 人。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。 恒力石化股份有限公司 恒力石化股份有限公司监事会 2025 年 5 月 1 日 一、《关于调整公司第六期员工持股计划相关事项的议案》 具体内容详见公司于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）上披露的《关于调整公司第六期员工持股计划相关事项的公告》 （公告编号：2025-032）。 监事会认为：本次调整公司第六期员工持股计划相关事项符合《关于 ...