Core Viewpoint - The company anticipates a significant decline in net profit for the year 2025, with projections indicating a decrease of approximately 4.08 billion yuan, representing a year-on-year decline of around 82% [2][3]. Group 1: Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025 [3]. - The company expects to achieve a net profit attributable to shareholders of approximately 91 million yuan for 2025, a decrease of about 4.08 billion yuan compared to the previous year [3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be around 4 million yuan, down approximately 4.27 billion yuan year-on-year, reflecting a decline of about 99% [2][3]. Group 2: Previous Year’s Performance - In the previous year, the total profit was approximately 830.68 million yuan, with a net profit attributable to shareholders of about 499.02 million yuan [3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately 430.50 million yuan [3]. Group 3: Reasons for Performance Decline - The main reasons for the anticipated performance decline include challenges in the industry such as oversupply, insufficient effective demand, and limited decline in raw material prices, particularly affecting the soda ash sector [5]. - The chlor-alkali sector has also seen a decline in profitability, while improvements in the chemical fiber and organic silicon sectors are insufficient to offset the negative impact from the soda ash price decline [5]. Group 4: Non-Operating Gains and Losses - The company estimates non-recurring gains and losses for 2025 to be around 87 million yuan, primarily from the sale of carbon emission quotas and compensation income from salt fields [6].

Core Viewpoint - The company, Tangshan Sanyou Chemical Co., Ltd., anticipates a significant decline in net profit for the year 2025, with projections indicating a decrease of approximately 4.08 billion yuan, representing an 82% year-on-year drop [2][3]. Group 1: Performance Forecast - The company estimates a net profit attributable to shareholders of approximately 91 million yuan for 2025, down from 4.08 billion yuan compared to the previous year [3]. - The projected net profit, excluding non-recurring gains and losses, is expected to be around 4 million yuan, a decrease of approximately 4.27 billion yuan or 99% year-on-year [2][3]. Group 2: Previous Year’s Performance - In the previous year, the total profit was approximately 830.68 million yuan, with a net profit attributable to shareholders of about 499.02 million yuan, and a net profit excluding non-recurring gains and losses of approximately 430.50 million yuan [5]. Group 3: Reasons for Performance Decline - The main reasons for the anticipated decline in performance include: - The industry facing challenges such as oversupply, insufficient effective demand, and limited decline in raw material prices, particularly impacting the soda ash segment, which has seen a significant reduction in profits [7]. - The chlor-alkali segment's profitability has also decreased year-on-year, while the chemical fiber and organic silicon segments have shown some improvement, which is insufficient to offset the negative impact from the soda ash price decline [7]. - Non-operating gains and losses are projected to be approximately 87 million yuan, primarily from the sale of carbon emission quotas and compensation from salt field operations [8].

Core Viewpoint - The company expects a significant decline in net profit for the fiscal year 2025, projecting approximately 91 million yuan, which represents a decrease of about 408 million yuan or 82% compared to the previous year [1] Group 1: Financial Performance - The projected net profit for 2025 is around 91 million yuan, a substantial drop from the previous year's figures [1] - The decline in net profit is attributed to challenges such as oversupply in the industry, insufficient effective demand, and limited decline in raw material prices [1] Group 2: Segment Performance - The soda ash segment is expected to see a notable reduction in profits compared to the same period last year [1] - The chlor-alkali segment's profitability is also anticipated to decline year-on-year [1] - Although the chemical fiber and organic silicon segments show some improvement compared to the previous year, this is insufficient to offset the negative impact from the declining prices in the soda ash segment [1]

Core Viewpoint - The company expects a significant decline in net profit for the fiscal year 2025, projecting approximately 91 million yuan, which represents a decrease of about 408 million yuan or 82% compared to the previous year [1] Group 1: Financial Performance - The projected net profit for 2025 is around 91 million yuan, a substantial drop from the previous year's figures [1] - The decline in net profit is attributed to challenges such as oversupply in the industry, insufficient effective demand, and limited decline in raw material prices [1] Group 2: Segment Performance - The soda ash segment is expected to see a notable reduction in profits compared to the same period last year [1] - The chlor-alkali segment's profitability is also anticipated to decline year-on-year [1] - Although the chemical fiber and organic silicon segments show some year-on-year improvement, it is insufficient to offset the negative impact from the declining prices in the soda ash segment [1]

Group 1 - Xianghe Industrial signed a contract worth 43.1041 million yuan with China Railway 15th Bureau, accounting for approximately 6.5% of the company's projected revenue for 2024 [1] - Dayu Water-saving's subsidiary won a bid for a project valued at 133 million yuan, with a construction period of 545 days [2] - China National Materials International's subsidiary signed a contract worth 299 million Canadian dollars for engineering design and procurement services [3] Group 2 - Baoland expects a net loss of approximately 75 million yuan for 2025, compared to a loss of 58.7224 million yuan in the previous year [4] - Changhong High-tech received an administrative regulatory decision due to inadequate internal controls and improper revenue recognition [5] - Debon Stock will be suspended from trading on January 21, 2026, pending a decision on its delisting [6] Group 3 - Haitai Technology anticipates a net profit increase of 226.86% to 323.97% for 2025, with an expected profit of 51.5 million to 66.8 million yuan [7] - Fushun Special Steel expects a net loss of 770 million to 870 million yuan for 2025, compared to a profit of 112 million yuan in the previous year [8] - Rejing Bio forecasts a net loss of 210 million to 230 million yuan for 2025, compared to a loss of 191 million yuan in the previous year [10] Group 4 - Sanyou Chemical expects a net profit of approximately 91 million yuan for 2025, a decrease of about 82% compared to the previous year [11] - Lianhuan Pharmaceutical received approval for clinical trials of a new drug for benign prostatic hyperplasia [12] - Samsung New Materials anticipates a net loss for 2025, indicating a decline in operational performance [13] Group 5 - Jinggong Technology expects a net profit increase of 36.1% to 70.13% for 2025, with an estimated profit of 200 million to 250 million yuan [14] - Zhongsheng Pharmaceutical's subsidiary signed a licensing agreement for the production and commercialization of RAY1225 injection, with total payments expected to reach 1 billion yuan [15] - Hengshuai shares saw a reduction of 600,000 convertible bonds held by its controlling shareholder [16] Group 6 - Buchang Pharmaceutical plans to repurchase shares worth 60 million to 120 million yuan for employee stock ownership plans [17] - Baike Bio expects a net loss of 220 million to 280 million yuan for 2025, marking a shift from profit to loss [18] - Weishi Electronics anticipates a net profit decrease of 53.27% to 61.61% for 2025, with expected profits of 21.49 million to 26.16 million yuan [19] Group 7 - China Automotive Research expects a net profit increase of 17.85% for 2025, with a projected profit of 1.06 billion yuan [20] - Hualan Biological's controlling shareholder raised the upper limit of its shareholding plan to 86.66 yuan per share [22] - Nasda anticipates a net loss for 2025, indicating a decline in financial performance [23] Group 8 - Haizheng Pharmaceutical received a warning letter from the Zhejiang Securities Regulatory Commission for financial data inaccuracies [24] - Mengguli received an administrative regulatory decision for accounting errors in its financial reports [25] - Zhongguancun's subsidiary received acceptance for a drug application for a heart-related treatment [26] Group 9 - Hosheng Silicon Industry was ordered to correct information disclosure violations by the Zhejiang Securities Regulatory Commission [27] - Meiteng Technology expects a net profit decrease of 22.4551 million to 28.5285 million yuan for 2025, a reduction of 55.21% to 70.14% [28] - Sanwei Co. received a warning letter for financial irregularities related to related party transactions [29] Group 10 - Ganyue Expressway expects a net profit increase of 3.18% for 2025, with a projected profit of 1.32 billion yuan [30] - Xinhang New Materials plans to acquire 51% of Hairete for 12.8826 million yuan [31] - China Software anticipates a net loss of 41 million to 49 million yuan for 2025, an improvement from the previous year's loss [32] Group 11 - Rongsheng Development expects a net loss for 2025, with losses not exceeding the previous year's audited net assets [33] - Northern Rare Earth anticipates a net profit increase of 117% to 135% for 2025, with expected profits of 2.176 billion to 2.356 billion yuan [34] - Energy-saving Wind Power received renewable energy subsidies totaling 1.507 billion yuan, a 122.74% increase from the previous year [35] Group 12 - Dongzhu Ecology expects a net loss of 935 million to 1.135 billion yuan for 2025, compared to a loss of 630 million yuan in the previous year [36] - Jingneng Real Estate anticipates a net loss of 986 million to 1.315 billion yuan for 2025, compared to a loss of 109 million yuan in the previous year [37] - Hailu Heavy Industry signed new orders worth 1.941 billion yuan for 2025, with total orders on hand amounting to 3.597 billion yuan [38] Group 13 - Dalian Thermal Power expects a net loss of 92 million to 112 million yuan for 2025, compared to a loss of 146 million yuan in the previous year [39] - Jiangsu Sop expects a net profit decrease of 52.99% to 62.4% for 2025, with profits projected between 8 million to 10 million yuan [40] - Lian Technology plans to initiate preparations for issuing H-shares and listing on the Hong Kong Stock Exchange [42] Group 14 - Zhenyang Development expects a net profit decrease of 58.13% to 64.94% for 2025, with profits projected between 67 million to 80 million yuan [43] - Sheneng Co. reported a 1.7% decrease in power generation for 2025, with total generation of 57.654 billion kWh [44] - XGIMI Technology's subsidiary received a development notification from a well-known domestic automotive manufacturer [45] Group 15 - Wanhua Chemical's MDI Phase II facility resumed production after maintenance [46] - Daqing Energy expects a net loss of 1 billion to 1.3 billion yuan for 2025, with a reduction in losses compared to the previous year [47]

Group 1 - The company expects a net profit attributable to shareholders of approximately 91 million yuan for the year 2025, a decrease of about 408 million yuan compared to the same period last year, representing a year-on-year decline of approximately 82% [1] - The main reasons for the performance change include challenges in the industry of the company's leading products, such as oversupply, insufficient effective demand, and limited decline in raw material prices [1] - The company's soda ash segment has seen a significant reduction in profits compared to the same period last year, while the chlor-alkali segment's profitability has also declined year-on-year [1] Group 2 - Although the chemical fiber and organic silicon segments have shown some year-on-year improvement, it is insufficient to offset the impact of price declines in the soda ash segment, leading to a decrease in net profit attributable to shareholders [1] - The company anticipates non-operating gains and losses to have a net effect of 87 million yuan in 2025, primarily from the sale of carbon emission quotas and compensation for salt field [1]

Core Viewpoint - The company, Sanyou Chemical (600409.SH), anticipates a significant decline in net profit for the year 2025, with projections indicating a decrease of approximately 408 million yuan, representing a year-on-year decline of around 82% [1] Financial Performance - The net profit attributable to the parent company is expected to decrease by about 408 million yuan compared to the previous year, reflecting an 82% year-on-year decline [1] - The net profit excluding non-recurring gains and losses is projected to decline by approximately 427 million yuan, indicating a staggering 99% year-on-year decrease [1] Industry Challenges - The company faces challenges in its main product sectors due to oversupply, insufficient effective demand, and limited decline in raw material prices, which continue to pressure operations [1] - The soda ash segment is expected to see a significant reduction in profits compared to the same period last year, while the chlor-alkali segment's profitability is also anticipated to decline year-on-year [1] - Although the chemical fiber and organic silicon segments show some year-on-year improvement, it is insufficient to offset the negative impact of price declines in the soda ash segment, leading to an overall decrease in net profit attributable to the parent company [1]

Core Viewpoint - The company, Sanyou Chemical (600409.SH), anticipates a significant decline in net profit for the year 2025, primarily due to industry challenges such as oversupply and insufficient demand [1] Financial Performance - The net profit attributable to the parent company is expected to decrease by approximately 408 million yuan, representing a year-on-year decline of around 82% [1] - The net profit attributable to the parent company, excluding non-recurring gains and losses, is projected to drop by about 427 million yuan, indicating a year-on-year decrease of approximately 99% [1] Industry Challenges - The company's main product sectors are facing challenges including oversupply, weak effective demand, and limited decline in raw material prices, which are putting continuous pressure on operations [1] - The soda ash segment is expected to see a significant reduction in profits compared to the same period last year, while the chlor-alkali segment's profitability is also anticipated to decline year-on-year [1] - Although the chemical fiber and organic silicon segments have shown some year-on-year improvement, it is insufficient to offset the negative impact of falling prices in the soda ash segment, leading to an overall decline in net profit attributable to the parent company [1]

●经唐山三友化工股份有限公司（以下简称"公司"）财务部门 初步测算，2025 年度公司归属于母公司所有者的净利润与上年同期 （法定披露数据）相比，预计将减少 4.08 亿元左右，同比下降 82% 左右。 ●2025 年度公司归属于母公司所有者的扣除非经常性损益的净 利润与上年同期（法定披露数据）相比，预计将减少 4.27 亿元左右， 同比下降 99%左右。 一、本期业绩预告情况 （一）业绩预告期间 2025 年 1 月 1 日-2025 年 12 月 31 日 （二）业绩预告情况 证券代码：600409 证券简称：三友化工 公告编号：临 2026-002 号 唐山三友化工股份有限公司 2025 年度业绩预减公告 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： 三、本期业绩预减的主要原因 （一）主营业务影响 2025 年度，公司主导产品所属行业面临供给过剩、有效需求不 足、原料价格回落有限的挑战，经营持续承压。其中纯碱板块较同期 减利明显、氯碱板块盈利能力同比下滑，化纤板块、有机硅板块虽同 比有所改善，但不足以弥 ...

Core Viewpoint - The company expects a significant decline in net profit for the fiscal year 2025, projecting approximately 91 million yuan, which represents a decrease of around 408 million yuan or 82% compared to the previous year [1] Group 1: Financial Performance - The projected net profit for 2025 is approximately 91 million yuan [1] - This represents a decrease of about 408 million yuan compared to the previous year [1] - The decline in net profit is primarily attributed to the significant reduction in profitability from the soda ash segment and the decline in profitability from the chlor-alkali segment [1] Group 2: Segment Performance - The soda ash segment is expected to experience a notable reduction in profits compared to the same period last year [1] - The chlor-alkali segment's profitability is also anticipated to decline year-on-year [1] - Although the chemical fiber and organic silicon segments show some improvement compared to the previous year, this is insufficient to offset the negative impact from the declining prices in the soda ash segment [1]