格隆汇10月27日丨扬农化工(600486.SH)发布三季报，2025年前三季度实现营业总收入91.56亿元，同比 增长14.23%；归属母公司股东净利润10.55亿元，同比增长2.88%；基本每股收益为2.615元。 ...

证券代码：600486 证券简称：扬农化工 编号：临 2025-038 江苏扬农化工股份有限公司 关于回购注销部分激励对象已获授但尚未 解除限售的限制性股票的公告 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： 限制性股票回购数量：73,591 股 限制性股票回购价格：首次授予回购价格 37.43 元/股 预留授予回购价格 30.60 元/股 江苏扬农化工股份有限公司（以下简称"公司"）于 2025 年 10 月 24 日召 开第九届董事会第二次会议，审议通过《关于回购注销部分激励对象已获授但尚 未解除限售的限制性股票的议案》。鉴于公司 2022 年限制性股票激励计划中 14 名激励对象因离职（包含集团内部工作调动）或退休无法解锁，或因个人绩效结 果无法完全解锁，公司董事会同意对上述人员持有的已获授但尚未解除限售的限 制性股票合计 73,591 股进行回购注销，首次授予回购价格 37.43 元/股，预留授 予回购价格 30.60 元/股。根据公司 2022 年年度股东大会的授权，本次回购注销 部分限制性股票已授 ...

中国江苏省南京市汉中门大街 309 号 B 座 5、7-8 层 邮编：210036 5、7-8/F, Block B, 309 Hanzhongmen Street, Nanjing, China, 210036 电话/Tel: +86 25 8966 0900 传真/Fax: +86 2589660966 网址/Website: http://www.grandall.com.cn 国浩律师（南京）事务所 关 于 江苏扬农化工股份有限公司 2022 年限制性股票激励计划 回购注销部分已授予限制性股票的 法律意见书 二〇二五年十月 | 第一节 律师声明的事项 3 | | | --- | --- | | 第二节 | 正 文 5 | | 一、 本次回购注销的授权与批准 5 | | | （一）本次激励计划已履行的决策程序 5 | | | （二）本次回购注销已履行的决策程序 8 | | | 二、 本次回购注销的具体情况 8 | | | （一）本次回购注销的原因及依据 8 | | | （二）本次回购注销的数量、回购价格及调整说明 9 | | | 三、 结论意见 11 | | | 第三节 签署页 12 | | 国浩律师( ...

江苏扬农化工股份有限公司 关于回购注销部分限制性股票减少注册资 本暨通知债权人的公告 证券代码：600486 证券简称：扬农化工 编号：临 2025-039 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、通知债权人的原由 江苏扬农化工股份有限公司（以下简称"公司"）于2025年10月24日召开第 九届董事会第二次会议，审议通过《关于回购注销部分激励对象已获授但尚未解 除限售的限制性股票的议案》。鉴于公司2022年限制性股票激励计划中14名激励 对象因离职（包含集团内部工作调动）或退休无法解锁，或因个人绩效结果无法 完全解锁，公司董事会同意对上述人员持有的已获授但尚未解除限售的限制性股 票合计73,591股进行回购注销，首次授予回购价格37.43元/股，预留授予回购价 格30.60元/股。 本次回购注销完成后，公司总股本预计将减少73,591股，公司注册资本也相 应减少73,591元。具体内容详见公司同日刊登于上海证券交易所网站 （www.sse.com.cn）的《关于回购注销部分激励对象已获授但尚未解除限售的限 制性股票 ...

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。 证券代码：600486 证券简称：扬农化工 编号：临 2025-040 江苏扬农化工股份有限公司 2025 年第三季度主要经营数据公告 （二）主要原材料价格波动情况 | | 2025 年 1-9 月 | 2024 年 1-9 月 | | | --- | --- | --- | --- | | | 平均采购价格 （元/吨） | 平均采购价格 （元/吨） | 价格变动情况 | | 液碱 | 2,617 | 2,271 | 15.3% | | 液钾 | 2,875 | 2,740 | 4.9% | | 碳酸钾 | 6,121 | 5,904 | 3.7% | | 氢溴酸 | 12,551 | 10,075 | 24.6% | | 异戊二烯 | 9,849 | 8,478 | 16.2% | | 一氯甲烷 | 2,073 | 1,875 | 10.6% | 1 | | 2025 年 1-9 月 | 2024 年 1-9 月 | | | --- | --- | --- | --- | | ...

Financial Performance - The company's operating revenue for Q3 2025 reached CNY 2,922,780,836.51, representing a year-on-year increase of 26.15%[5] - The total profit for the period was CNY 296,082,302.76, showing a slight increase of 0.13% compared to the same period last year[5] - The net profit attributable to shareholders decreased by 5.01% to CNY 249,545,765.09[5] - Total revenue for the first three quarters of 2025 reached ¥9,156,301,932.22, an increase of 14.2% compared to ¥8,015,697,859.55 in the same period of 2024[22] - Operating profit for the first three quarters of 2025 was ¥1,248,863,833.26, up from ¥1,187,082,282.62 in the first three quarters of 2024, reflecting a growth of 5.2%[22] - Net profit for the first three quarters of 2025 reached ¥1,055,797,182.65, a slight increase of 2.6% compared to ¥1,026,323,014.97 in the same period of 2024[24] - The net profit margin for the first three quarters of 2025 was approximately 13.6%, compared to 14.8% in the same period of 2024, indicating a decrease in profitability[22] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 2,125,801,113.29, reflecting a significant decline of 31.50%[10] - Cash flow from operating activities for the first three quarters of 2025 was ¥2,125,801,113.29, down 31.5% from ¥3,103,545,535.39 in 2024[26] - Total cash inflow from operating activities was ¥9,171,613,066.42, slightly increasing from ¥9,157,013,272.91 in the previous year[26] - Cash outflow from operating activities increased to ¥7,045,811,953.13, compared to ¥6,053,467,737.52 in 2024, marking a rise of 16.4%[26] - The company's cash and cash equivalents increased to ¥1,759,470,110.91 from ¥1,618,026,888.46, marking a growth of 8.7%[18] - The cash and cash equivalents at the end of the period totaled ¥1,663,747,569.03, an increase from ¥1,477,837,497.99 at the end of the same period last year[28] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 18,619,356,788.58, an increase of 5.40% from the end of the previous year[7] - Total assets as of September 30, 2025, amounted to ¥18,619,356,788.58, compared to ¥17,664,818,218.90 at the end of 2024, indicating an increase of 5.4%[20] - Current assets totaled ¥8,951,724,347.39 as of September 30, 2025, a significant rise from ¥7,181,950,809.61 at the end of 2024, representing an increase of 24.7%[18] - Total liabilities as of September 30, 2025, were ¥7,341,894,903.13, compared to ¥7,122,251,673.36 at the end of 2024, reflecting an increase of 3.1%[20] Shareholder Equity - Shareholders' equity attributable to the parent company increased by 6.97% to CNY 11,270,404,152.01[7] - The company's total equity increased to ¥11,277,461,885.45 as of September 30, 2025, from ¥10,542,566,545.54 at the end of 2024, representing a growth of 6.9%[20] Earnings and Expenses - The basic earnings per share for the quarter was CNY 0.619, down 4.21% year-on-year[5] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥2.615, up from ¥2.524 in 2024, reflecting a growth of 3.6%[24] - Research and development expenses for the first three quarters of 2025 were ¥277,695,720.58, compared to ¥249,458,370.83 in the same period of 2024, an increase of 11.3%[22] Comprehensive Income - The total comprehensive income for the first three quarters of 2025 was ¥1,040,921,314.89, compared to ¥1,022,869,743.16 in 2024, reflecting a growth of 1.8%[24] - The company reported a decrease in other comprehensive income after tax, amounting to -¥14,875,867.76 in 2025, compared to -¥3,453,271.81 in 2024[24] Non-Recurring Items - Non-recurring gains and losses for the period totaled CNY 1,820,311.28, with a year-to-date total of CNY 11,804,517.43[9]

二、董事会会议审议情况 公司本次董事会会议所有议案均获得通过，具体表决情况如下： 1、审议通过《2025 年第三季度报告》。 证券代码：600486 证券简称：扬农化工 编号：临 2025-037 江苏扬农化工股份有限公司 第九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。 一、董事会会议召开情况 江苏扬农化工股份有限公司（以下简称"公司"）第九届董事会第二次会议， 于二〇二五年十月十四日以书面方式发出通知，于二〇二五年十月二十四日以现 场及视频通讯方式在公司会议室召开。会议应到董事 9 名，实到董事 9 名。会议 由董事长苏赋主持。本次会议的召开符合《公司法》及《公司章程》的有关规定， 会议合法有效。 详见刊登于 2025 年 10 月 28 日上海证券报、中国证券报和上海证券交易所 网站（www.sse.com.cn）的《关于回购注销部分激励对象已获授但尚未解除限售 的限制性股票的公告》（临 2025-038 号）。 1 三、备查文件 特此公告。 江苏扬农化工股份有限公司董事会 表决结果：9 票 ...

扬农化工 第三季度净利润2.495亿元人民币。 ...

Market Overview - The agricultural chemical sector experienced a slight decline of 0.05% on October 24, with Yangnong Chemical leading the drop [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Stock Performance - Notable gainers in the agricultural chemical sector included: - Nongxin Technology: closed at 25.92, up 10.02% with a trading volume of 114,500 shares and a turnover of 277 million yuan [1] - Suli Co., Ltd.: closed at 19.77, up 7.21% with a trading volume of 87,300 shares and a turnover of 170 million yuan [1] - Dongfang Iron Tower: closed at 14.30, up 4.46% with a trading volume of 226,400 shares and a turnover of 316 million yuan [1] - Conversely, Yangnong Chemical saw a significant decline, closing at 65.26, down 4.95% with a trading volume of 57,200 shares and a turnover of 377 million yuan [2] Capital Flow - The agricultural chemical sector experienced a net outflow of 15.52 million yuan from institutional investors and 90.62 million yuan from speculative funds, while retail investors saw a net inflow of 106 million yuan [2] - Key stocks with notable capital flows included: - Lianhua Technology: net inflow of 49.15 million yuan from institutional investors, but a net outflow of 7.72 million yuan from speculative funds [3] - Chuanfa Longmang: net inflow of 48.95 million yuan from institutional investors, with a net outflow of 56.78 million yuan from speculative funds [3] - Yangnong Chemical: net inflow of 11 million yuan from institutional investors, but a net outflow of 0.54 million yuan from speculative funds [3]

Core Viewpoint - Yangnong Chemical's stock has experienced fluctuations, with a current price of 67.28 CNY per share, reflecting an 18.14% increase year-to-date but a recent decline over the past five and twenty trading days [1] Financial Performance - For the first half of 2025, Yangnong Chemical reported a revenue of 6.234 billion CNY, representing a year-on-year growth of 9.38% [2] - The net profit attributable to shareholders for the same period was 806 million CNY, showing a year-on-year increase of 5.60% [2] Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 6.01% to 18,100, while the average number of circulating shares per person increased by 6.40% to 22,271 shares [2] - The company has distributed a total of 2.833 billion CNY in dividends since its A-share listing, with 1.137 billion CNY distributed over the last three years [3] Stockholder Composition - As of June 30, 2025, Hong Kong Central Clearing Limited is the fourth largest circulating shareholder, holding 16.293 million shares, an increase of 754,800 shares from the previous period [3] - Other notable shareholders include E Fund Yufeng Return Bond A and E Fund New Income Mixed A, with changes in their holdings compared to the previous period [3] Market Activity - The stock price of Yangnong Chemical has seen a recent decline of 2.01% in intraday trading, with a trading volume of 50.7017 million CNY and a turnover rate of 0.18% [1] - The company operates primarily in the agricultural chemicals sector, with its main revenue sources being raw materials (58.64%), trade (20.65%), and formulations (18.78%) [1]