证券代码：600426 证券简称：华鲁恒升 公告编号：临 2025-045 山东华鲁恒升化工股份有限公司 关于推动"提质增效重回报"行动方案进展公告 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个别及连带责任。 山东华鲁恒升化工股份有限公司（以下简称"公司"）为践行以"投资者为 本"的上市公司发展理念，努力维护公司全体股东利益，促进公司持续、健康发 展，基于对未来发展前景的信心和价值的认可，于 2024 年 4 月 25 日发布了推动 "提质增效重回报"行动方案（以下简称"行动方案"），以回馈投资者的信任。 为推动行动方案的实施，公司采取了以下措施。 四、规范公司治理，夯实发展根基方面 公司坚持按照《公司法》、《证券法》等相关法律、法规以及各级监管部门的 要求，建立健全各项内控制度，持续完善法人治理结构、强化风险防控，进一步 提高规范运作水平。自行动方案发布以来，公司根据企业实际情况修订了《公司 章程》，同时为提高公司应对各类舆情的能力，建立快速反应和应急处置机制， 2025 年半年度，公司第九届董事会第六次会议审议通过了《关于公司 ...

证券代码：600426 证券简称：华鲁恒升 编号：临 2025-047 山东华鲁恒升化工股份有限公司 投资建设气化平台升级改造项目的公告 项目对促进节能减排，降低综合能耗，提高煤炭产业附加值，提升企业盈利能力， 加快区域经济建设起到积极的促进和推动作用。 （二）董事会审议情况 2025 年 8 月 21 日，公司召开了第九届董事会第六次会议，审议通过了《关于公 司投资建设气化平台升级改造项目的议案》，该项议案同意 11 票，反对 0 票，弃权 0 票。该议案事前已经公司第九届董事会战略委员会审议同意。 投资建设项目名称: 气化平台升级改造项目。 投资金额：项目预计总投资为30.39亿元。 特别风险提示:资金风险、政策风险、经营效益不达预期风险。 根据《公司章程》股东会对董事会的授权，本议案无需提交公司股东会审议。 （三）本次投资不属于关联交易和重大资产重组事项 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个别及连带责任。 重要内容提示： 一、投资概述 （一）项目投资的背景 随着我国煤化工行业的发展，合成氨行业在规模、产品结构、技术改造 ...

格隆汇8月22日｜华鲁恒升公告，2025年上半年营业收入157.64亿元，同比下降7.14%。净利润15.69亿 元，同比下降29.47%。公司拟以2025年半年度权益分派实施时股权登记日的股本扣减公司回购专用证 券账户中股份为基数，向全体股东每10股派发现金红利2.5元（含税），不送红股，不进行公积金转增 股本。 ...

格隆汇8月22日｜华鲁恒升(600426.SH)公告称，公司计划投资30.39亿元建设气化平台升级改造项目，以 提升产品市场竞争力和企业综合竞争力。项目预计建设周期为18个月，建成后将提高生产能效和运营效 益，但对公司2025年经营业绩不会产生重大影响。项目面临资金风险、政策风险和经营效益不达预期风 险，公司将采取措施应对这些风险。 ...

华鲁恒升(600426.SH)公告称，公司控股子公司华鲁恒升（荆州）有限公司年产20万吨BDO、16万吨 NMP及3万吨PBAT生物可降解材料一体化项目部分装置已打通流程，生产出合格产品，进入试生产阶 段。该项目预计总投资33.87亿元，项目建设资金由控股子公司自有资金和银行贷款解决。目前投产的 部分装置包括BDO、NMP相关装置，可新增20万吨/年BDO、5万吨/年NMP产品生产能力。 ...

在"双碳"目标与能源革命的双重驱动下,中国煤化工行业正经历一场从规模扩张到价值重构的深刻变 革。 产品选择精准且具前瞻性,目标直指行业领先。公司设立技术发展委员会和技术中心,统筹规划发展、产 品研发等全流程,将规划技术化、技术项目化、项目工程化、工程产业化,所上项目都依托于现有产业链 条优势,定位为行业领先,建成后都成为新的增长点。近5年研发投入超50亿元、项目投资260亿元,实施15 个高端化工项目,持续夯实发展根基,其中2024年研发投入12.35亿元、项目投资58亿元,建成投产5个转型 升级、延链扩群项目,支撑效益快速增长。 战略抉择动态科学。华鲁恒升选产品立足国家政策与企业实际,注重竞争力。在战略决策中,把握信息、 整合资源、分析风险,使项目都依托于现有产业链条优势,兼具技术含量与市场空间,实现建成即增长。 风险控制系统全面。公司对项目从产业政策到经济和社会效益等进行多维度论证,对资金管理制定严谨 战略。同时,坚持"把学费花在前面",项目启动便组织员工培训与生产准备,提前介入设备监造等环节,聘请 专家指导,确保项目建成即投产、投产即见效。多年来,公司保持高额投资,每年都有新项目启动建设,每年 都有在建 ...

Group 1: Market Performance - The agricultural chemical sector rose by 1.36% on August 21, with Meibang Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3771.1, up 0.13%, while the Shenzhen Component Index closed at 11919.76, down 0.06% [1] Group 2: Individual Stock Performance - Meibang Co., Ltd. (code: 605033) closed at 23.77, with a 10.00% increase and a trading volume of 122,900 shares, amounting to a transaction value of 283 million [1] - Hong Sifang (code: 603395) closed at 36.46, up 6.36%, with a trading volume of 156,100 shares [1] - New Yangfeng (code: 000902) closed at 15.21, up 6.29%, with a trading volume of 684,200 shares, totaling 1.035 billion [1] - Other notable performers include Stanley (code: 002588) with a 5.40% increase and Yangnong Chemical (code: 600486) with a 5.33% increase [1] Group 3: Fund Flow Analysis - The agricultural chemical sector experienced a net outflow of 10.82 million from institutional investors, while retail investors saw a net outflow of 60.06 million [2] - The sector attracted a net inflow of 70.88 million from speculative funds [2] Group 4: Detailed Fund Flow for Selected Stocks - Limin Co., Ltd. (code: 002734) had a net inflow of 1.29 billion from institutional investors, but a net outflow of 1.34 billion from retail investors [3] - Yun Tianhua (code: 600096) saw a net inflow of 99.11 million from institutional investors, with a net outflow of 1.17 billion from retail investors [3] - Meibang Co., Ltd. (code: 605033) had a net inflow of 69.47 million from institutional investors, but a significant net outflow from both speculative and retail investors [3]

Group 1: Titanium Market Overview - The titanium concentrate market is facing a severe supply-demand imbalance, leading to a weak overall industry state with low purchasing willingness from downstream buyers and significant inventory accumulation [1] - The price of titanium dioxide (TiO2) is expected to be around 46%, with mainstream prices for titanium concentrate ranging from 1600 to 1700 CNY per ton [1] - The sponge titanium industry is experiencing rising inventory levels, with weak purchasing enthusiasm from downstream sectors, while military demand remains strong [1] Group 2: Titanium Dioxide Pricing Trends - As of the week of August 8-14, 2025, the mainstream price for sulfuric acid method rutile titanium dioxide is reported to be between 12200 and 13700 CNY per ton, with a weighted average price of 13302 CNY per ton, remaining stable compared to the previous week [2] - The "floor price" for titanium dioxide has been maintained for an extended period, with expectations for demand to improve and prices to stabilize [2] Group 3: Chemical Industry Performance - The CSI Chemical Industry Theme Index (000813) has seen a strong increase of 1.59%, with notable gains in stocks such as Nuclear Titanium White (10.11%) and Boyuan Chemical (6.22%) [3] - The Chemical ETF (159870) has risen by 1.39%, with a latest price of 0.66 CNY and a net subscription of 1.1 billion units during trading [3] Group 4: Chemical ETF Composition - The CSI Chemical Industry Theme Index consists of several sub-indices, with the top ten weighted stocks accounting for 43.54% of the index, including Wanhu Chemical and Salt Lake Co [4]

Group 1 - The chemical sector continues to rise, with the chemical ETF (516020) showing a price increase of 1.02% as of the latest report, after reaching a peak of 1.31% during the trading session [1][2] - Key stocks in the sector, such as titanium dioxide, nitrogen fertilizer, potassium fertilizer, and polyurethane, have seen significant gains, with Zhongke Titanium rising over 6% and several others like Luxi Chemical and Yara International increasing by more than 4% [1][2] - The chemical ETF has experienced substantial inflows, with a net subscription of 75.93 million yuan on the previous day and a total of over 230 million yuan in net subscriptions over the last 20 trading days [1][2] Group 2 - Institutions suggest that the chemical industry's recovery is likely, driven by policies aimed at reducing overcapacity and improving energy efficiency, which may benefit leading companies [3] - The chemical ETF's price-to-book ratio is currently at 2.14, indicating a low valuation compared to the past decade, suggesting a favorable long-term investment opportunity [3][4] - The current cycle of chemical capacity expansion is nearing its end, with capital expenditures and fixed asset growth showing a downward trend, while demand is expected to gradually recover due to supportive policies [4] Group 3 - The chemical sector is expected to see a temporary improvement in market conditions as the government continues to address issues of overcapacity and excessive competition [4] - The chemical ETF (516020) tracks a comprehensive index covering various sub-sectors, with nearly 50% of its holdings in large-cap leading stocks, providing an efficient way to invest in the sector [5]

齐鲁晚报·齐鲁壹点 李梦晴 李庆都 通讯员 邱杨 焦聪 在"双碳"目标与能源革命的双重驱动下，中国煤化工行业正经历一场从规模扩张到价值重构的深刻变 革。 作为行业转型的先行者，山东华鲁恒升化工股份有限公司（以下简称"华鲁恒升"）以"喜新不厌旧"的辩 证思维，通过技术深耕、赛道切换与系统创新，在化肥、基础化学品等传统领域筑牢根基的同时，强势 切入新能源材料、高端化工新材料等新兴赛道。目前，华鲁恒升不仅在化肥、基础化学品等传统领域持 续领跑，更在新能源材料、化工新材料等新兴赛道构筑起竞争优势，2024年，华鲁恒升新能源新材料营 收占比达到50%，其中二元酸、碳酸酯等产品市场占有率居全国首位，华鲁恒升用实践证明：传统产业 通过科技赋能，同样能培育出具有全球竞争力的新质生产力。 当新能源产业方兴未艾，华鲁恒升展现出敏锐的战略嗅觉与快速的执行能力，统筹存量优化与增量升 级，果断淘汰技术落伍、能耗和排放较高的落后产能，加快优化改造升级，各系统均为业内先进的工艺 装置。装置投运后，根据产业形势和市场变化，及时调整产品结构、延伸拓展产业链条，公司在新能源 电池行业"一站式供应"能力进一步提升。 风险控制系统全面。公司对项目从 ...