Group 1 - The Shanghai Composite Index opened lower but rose later, with the CSI 300 Chemical Index reported at 2022.67 points [1] - The CSI 300 Chemical Index has decreased by 11.64% over the past month, 9.12% over the past three months, and 8.64% year-to-date [1] - The CSI 300 Index is categorized into 11 primary industries, 35 secondary industries, over 90 tertiary industries, and more than 200 quaternary industries [1] Group 2 - The top ten weights in the CSI 300 Chemical Index are: Wanhua Chemical (23.47%), Salt Lake Industry (14.14%), Baofeng Energy (7.62%), Juhua Co. (7.3%), Hengli Petrochemical (7.28%), Hualu Hengsheng (6.99%), Longbai Group (6.23%), Zangge Mining (6.19%), Satellite Chemical (6.02%), and Rongsheng Petrochemical (5.53%) [1] - The market share of the CSI 300 Chemical Index is 57.05% from the Shanghai Stock Exchange and 42.95% from the Shenzhen Stock Exchange [1] Group 3 - In terms of industry composition, other chemical raw materials account for 38.28%, polyurethane for 23.47%, potassium fertilizer for 20.33%, fluorochemical for 7.30%, titanium dioxide for 6.23%, and organic silicon for 4.39% [2] - The index samples are adjusted every six months, with adjustments implemented on the next trading day after the second Friday of June and December [2] - Weight factors are generally fixed until the next scheduled adjustment, with temporary adjustments made when the CSI 300 Index samples are modified [2]

Investment Rating - The industry investment rating is "Positive (Maintain)" [6] Core Views - The report highlights a rebound in oil prices due to easing U.S. tariff policies and tightening supply expectations. It emphasizes a focus on leading companies with strong alpha that are less correlated with oil prices, suggesting a bottom-fishing strategy. The report also recommends paying attention to domestic demand and opportunities in new material substitutions, particularly in the agricultural chemical sector during the spring farming season [13][15]. Summary by Sections 1. Core Views - The report suggests maintaining a focus on leading companies with strong fundamentals and low correlation to oil prices, while also monitoring domestic demand and new material substitution opportunities [13][15]. - Recommended companies include: - Huangma Technology: A leader in specialty polyether, showing signs of recovery from previous macro demand pressures [13]. - Runfeng Co., Ltd.: A rare company with global formulation registration and sales channels [14]. - Guoguang Co., Ltd.: A leader in differentiated formulations in the plant growth regulator sector [14]. - Hualu Hengsheng: Benefiting from recovering core product prices and declining coal prices, leading to improved price differentials [14]. 2. Oil and Chemical Price Information - As of April 16, Brent oil prices increased by 4.9% to $67.96 per barrel. Despite the IEA lowering oil demand growth forecasts, market concerns over U.S. tariff policies eased, contributing to the price increase [15]. - The report monitors 188 chemical products, with the top three price increases being: - Trichloroethylene: Up 16.3% - Butane: Up 8.9% - WTI: Up 7.7% - The top three price decreases were: - Liquid chlorine: Down 62.3% - D4: Down 17.8% - Anthracene oil: Down 12.4% [16][17]. 3. Price Spread Information - The top three price spread increases for the week were: - Carbon black spread: Up 64.5% - Calcium carbide PVC spread: Up 57.8% - Monoammonium phosphate: Up 14.5% - The top three price spread decreases were: - Butyl acrylate spread: Down 50.7% - Hydrogen peroxide spread: Down 44.4% - MTP spread: Down 30.2% [19][20].

证券代码：600426 证券简称：华鲁恒升 公告编号：临 2025-023 山东华鲁恒升化工股份有限公司 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。 一、 股东大会有关情况 | 股份类别 | 股票代码 | 股票简称 | 股权登记日 | | --- | --- | --- | --- | | Ａ股 | 600426 | 华鲁恒升 | 2025/4/23 | 二、 增加临时提案的情况说明 公司已于 2025 年 3 月 29 日公告了股东大会召开通知，单独持有 29.99%股 份的股东山东华鲁恒升集团有限公司，在 2025 年 4 月 18 日提出临时提案并书面 提交股东大会召集人。股东大会召集人按照《上市公司股东大会规则》有关规定， 现予以公告。 3. 临时提案的具体内容 关于 2024 年年度股东大会增加临时提案的公告 2025 年 4 月 17 日，公司第九届董事会 2025 年第 2 次临时会议审议通过了 《关于以集中竞价交易方式回购公司部分股份方案的议案》，公司拟以集中竞价 交易方式回购公司部分股份。具体内容详见公司 ...

Group 1 - The A-share market's three major indices closed mixed, with the CSI 300 Chemical Index reported at 2019.69 points [1] - The CSI 300 Chemical Index has decreased by 12.44% over the past month, 9.26% over the past three months, and 8.77% year-to-date [1] - The CSI 300 Index is categorized into 11 primary industries, 35 secondary industries, over 90 tertiary industries, and more than 200 quaternary industries [1] Group 2 - The top ten weights in the CSI 300 Chemical Index are: Wanhua Chemical (23.46%), Salt Lake Industry (14.15%), Baofeng Energy (7.49%), Juhua Co. (7.38%), Hengli Petrochemical (7.29%), Hualu Hengsheng (7.0%), Longbai Group (6.23%), Cangge Mining (6.23%), Satellite Chemical (5.96%), and Rongsheng Petrochemical (5.51%) [1] - The market share of the CSI 300 Chemical Index is 57.10% from the Shanghai Stock Exchange and 42.90% from the Shenzhen Stock Exchange [1] Group 3 - In terms of industry composition, other chemical raw materials account for 38.08%, polyurethane for 23.46%, potassium fertilizer for 20.38%, fluorochemical for 7.38%, titanium dioxide for 6.23%, and organic silicon for 4.47% [2] - The index sample is adjusted every six months, with adjustments implemented on the next trading day after the second Friday of June and December [2] - Weight factors are generally fixed until the next scheduled adjustment, with temporary adjustments made when the CSI 300 Index samples are modified [2]

重要公告： 华鲁恒升：拟2亿元—3亿元回购股份用于注销 亚振家居：控股股东筹划控制权变更事项股票18日起停牌 中国联通：一季度净利润同比增长6.5% 同飞股份：一季度净利润同比增长1104.89% 长盈精密：2024年净利润同比增长800.24% 拟10派1.3元 沪市重要公告： 华鲁恒升：拟2亿元—3亿元回购股份用于注销 亚振家居（603389）公告，因公司控股股东上海亚振投资有限公司正在筹划重大事项，该事项可能导致 公司控制权发生变更，经公司申请，公司股票将于2025年4月18日（星期五）开市起停牌，停牌时间不 超过2天。 圣泉集团：一季度净利润同比增长50.46% 圣泉集团（605589）公告，第一季度实现营业收入24.59亿元，同比增长15.14%；净利润2.07亿元，同 比增长50.46%；基本每股收益0.25元。 中国联通：一季度净利润同比增长6.5% 中国联通（600050）公告，公司2025年第一季度实现营业收入1033.5亿元，同比增长3.9%；归属于母公 司净利润26.1亿元，同比增长6.5%；基本每股收益0.083元。 华鲁恒升（600426）公告，公司拟2亿元—3亿元回购股份用于注销并 ...

长盈精密公告称，2024年公司实现营业总收入169.34亿元，同比增长23.40%；归属于上市公司股东的净 利润为7.72亿元，同比增长800.24%。公司向全体股东每10股派发现金红利1.3元（含税）。报告期内， 公司加快人形机器人相关产能的建设，加大研发投入，取得了多家国内外人形机器人客户的定点项目。 三安光电公告称，近日收到中国工商银行湖北省分行出具的《贷款承诺函》，承诺提供人民币10.00亿 元的回购专项贷款，期限三年，用于回购公司股票。该承诺函自出具之日起生效，有效期至公司与工行 正式签订《上市公司股票回购借款合同》之日、工行贷款审批书审批时效届满之日或公司公告的回购期 限届满之日先到之日止。此次贷款承诺函可为公司回购股份提供融资支持，但具体贷款事宜以双方签订 的借款合同为准。公司将根据相关规定另行开立股票回购专用证券账户，确保回购贷款专款专用。 长盈精密：2024年净利同比增长800%，取得多家国内外人形机器人客户定点项目 株冶集团：一季度净利润同比增长74.07%，主要原因是贵金属增利 今日焦点三安光电：收到中国工商银行10亿元回购贷款承诺函 株冶集团公告称，2025年第一季度营业收入48.03 ...

Mergers and Acquisitions - Baosteel Co., Ltd. plans to acquire a total of 49% equity in Maanshan Iron & Steel Co., Ltd. for a total investment of 9 billion yuan, which includes 5.139 billion yuan for 35.42% equity and 3.861 billion yuan for capital increase [1] Earnings Disclosure - Changying Precision reported a revenue of 16.934 billion yuan for 2024, a year-on-year increase of 23.40%, and a net profit attributable to shareholders of 772 million yuan, representing a significant year-on-year growth of 800.24% [2] - Huace Film & TV announced a revenue of 1.939 billion yuan for 2024, a year-on-year decrease of 14.48%, with a net profit attributable to shareholders of 243 million yuan, down 36.41% year-on-year [3] - Zhongtai Co., Ltd. reported a revenue of 2.717 billion yuan for 2024, a year-on-year decrease of 10.86%, and a net loss attributable to shareholders of 77.96 million yuan, compared to a net profit of 350 million yuan in the same period last year [4] - Delixi Co., Ltd. announced a revenue of 1.858 billion yuan for 2024, a year-on-year increase of 39.86%, but reported a net loss attributable to shareholders of 173 million yuan, compared to a net loss of 85.51 million yuan in the previous year [5] Share Buybacks - HCT Holdings plans to repurchase shares worth 40 to 80 million yuan at a price not exceeding 17 yuan per share, using self-owned and/or self-raised funds for employee stock ownership plans [6] - Hualu Hengsheng intends to repurchase shares worth 200 to 300 million yuan for cancellation and reduction of registered capital, with a repurchase price not exceeding 32.38 yuan per share [7] - Inke Recycling plans to repurchase shares worth 40 to 80 million yuan for employee stock ownership plans and/or equity incentives, with a repurchase price not exceeding 41.44 yuan per share [8] Risk Matters - Huangshi Group received an administrative penalty notice from the Guangxi Securities Regulatory Bureau, which includes a warning and a fine of 4 million yuan [9] - Jiuzhiyang received a regulatory letter from the Shenzhen Stock Exchange for failing to disclose related party transactions in a timely manner, involving transactions totaling 14.5892 million yuan in 2022 and 10.5907 million yuan in 2023 [10] - Guofang Group issued a notice regarding the significant "hot potato" effect in its stock trading, indicating irrational speculation risks despite no major changes in its main business or fundamentals [11]

证券代码：600426 证券简称：华鲁恒升 公告编号：临 2025-022 山东华鲁恒升化工股份有限公司 关于以集中竞价交易方式回购股份的预案 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、准确性和完整性依法承担法律责任。 重要内容提示： ● 回购股份价格：公司本次回购股份的最高价不超过人民币 32.38 元/股。本次回 购股份最高价上限未超过董事会通过回购股份决议前 30 个交易日公司股票交易均 价的 150%，具体回购价格将综合公司二级市场股票价格、公司财务状况和经营状 况确定。 ● 回购股份方式：集中竞价交易方式。 ● 回购股份期限：自股东大会审议通过最终回购股份方案之日起不超过十二个月。 ● 相关股东是否存在减持计划：经公司问询，截至本公告披露日，公司董事、监 事、高级管理人员、实际控制人、控股股东及一致行动人，在未来 3 个月、未来 6 个月内均无股份减持计划。若上述主体后续拟实施股份减持计划，公司将按照相 关规定及时履行信息披露义务。 ● 相关风险提示： 1、本次回购股份方案存在未能获得公司股东大会审议通过的风险； 2、在回购期限内，存在因股 ...

山东华鲁恒升化工股份有限公司第九届董事会 2025 年第 2 次临时会议于 2025 年 4 月 17 日以通讯方式举行，本次会议的召开通知已于 2025 年 4 月 14 日以通讯形式下发， 会议应参会董事 11 名，实际参会董事 11 名。会议符合《公司法》和《公司章程》的 规定，会议形成的决议合法、有效。经过认真审议,通过了以下决议： 一、审议通过《关于以集中竞价交易方式回购公司部分股份方案的议案》。 表决结果：11 票同意，0 票弃权，0 票反对。 具体内容详见公司在上交所网站（www.sse.com.cn）及相关媒体披露的《华鲁恒 升关于以集中竞价交易方式回购股份的预案》。 证券代码：600426 证券简称：华鲁恒升 编号：临 2025-021 山东华鲁恒升化工股份有限公司 第九届董事会 2025 年第 2 次临时会议决议公告 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个别及连带责任。 特此公告。 山东华鲁恒升化工股份有限公司董事会 2025 年 4 月 18 日 ...

Group 1 - The company plans to repurchase shares amounting to 200 million to 300 million yuan for cancellation and to reduce its registered capital [1] - The repurchase price will not exceed 32.38 yuan per share [1]