暗盘资金正涌入这些股票，点击速看>>> 人形机器人概念股盘初走高，长盛轴承（300718）涨超15%，金发科技（600143）、四川金顶 （600678）涨停，新安股份（600596）、卧龙电驱（600580）、中大力德（002896）涨幅居前。中国证 监会官网显示，宇树科技已开启上市辅导。 ...

[Table_Main] 证券研究报告 | 行业周报 基础化工 优于大市（维持） 证券分析师 王华炳 资格编号：S0120524100001 邮箱：wanghb3＠tebon.com.cn 市场表现 资料来源：德邦研究所，聚源数据 -12% -6% 0% 6% 12% 18% 24% 2024-07 2024-11 2025-03 2025-07 基础化工 沪深300 相关研究 1.《南美需求启动，关注双草投资机 会》，2025.7.18 2.《秋季备肥启动，关注钾肥、磷肥 投资机会》，2025.7.14 3.《有机硅更新：陶氏将关闭英国工 厂 ， 有 机 硅 产 能 有 力 出 清 》 ， 2025.7.11 4.《深海科技趋势下的化工蓝海！》， 2025.7.7 5.《政策持续发力"反内卷"，产能 过剩行业迎结构性改善契机》， 2025.7.7 基础化工 2025 年 07 月 20 日 涨价主线！关注 TDI、草铵膦、草甘 膦等 [Table_Summary] 投资要点： 核心观点： 请务必阅读正文之后的信息披露和法律声明 本周基础化工板块表现好于大盘。根据 Wind，本周（7/11-7/18）上证综指 ...

先正达集团中国总裁苏赋表示："当前全球农业粮食系统转型正处于十字路口，构建高效、稳定、绿色 的农业产业链供应链刻不容缓。先正达集团通过将突破性生物育种技术、数字精准农业和绿色种植模式 等一系列最新创新成果融合应用，让中国的农业生产更加绿色高效，让中国的农户增产增收，让中国的 消费者吃得更安全、更营养。" 7月16日，第三届中国国际供应链促进博览会（以下简称"链博会"）在北京开幕。中国中化旗下先正达 集团连续第三次亮相链博会，围绕科技创新链、绿色供应链和智慧农服链，展示多款促进主粮单产提升 和农业可持续发展的创新技术与成果。 在展台，先正达集团旗下中化现代农业有限公司（中化农业MAP）展示了地力提升、品种规划、全程 营养、全程植保、智能灌溉、农机作业等关键领域在内的专业化种植技术解决方案。同时，中化农业 MAP在全国多地推广复制以"玉米高产密植"和"水肥一体化精准灌溉"为核心的玉米单产提升全程技术服 务方案，助力土地增产。2024年，MAP服务覆盖3500万亩耕地，平均助农增产8%—15%，以创新技术 持续提升农业生产效益。 记者在链博会现场注意到，先正达集团的展位吸引了不少媒体和观众驻足。据介绍，先正达集团依 ...

Core Viewpoint - Dow Chemical announced the closure of three upstream assets in Europe to address structural challenges in the region, which is expected to significantly impact the supply-demand dynamics in the silicone industry [1][2]. Group 1: Company Actions - Dow will close an ethylene cracker in Germany, a chlor-alkali and vinyl plant in Germany, and a siloxane plant in the UK, with the shutdown process expected to start in mid-2026 and complete by the end of 2027, with final dismantling by 2029 [2]. - The closure of the UK plant, which has a capacity of 14.5 million tons, represents 30.5% of Europe's silicone capacity and 3.4% of global capacity [2][3]. Group 2: Industry Impact - The exit of overseas silicone capacity is anticipated to improve the supply-demand balance in the industry, as approximately 75% of DMC capacity is concentrated in China [2]. - From 2015 to 2024, about 290,000 tons of polysiloxane capacity is expected to exit the market, with overseas capacity projected to decrease to 915,000 tons by 2026 [3]. - China's silicone demand is expected to grow at a CAGR of 15.5% from 2021 to 2024, with a potential price increase in 2025 due to improved supply-demand dynamics [3]. Group 3: Export Opportunities - The closure of Dow's UK plant is likely to enhance China's share of silicone exports to Europe, with an estimated annual DMC production of 87,000 tons, which would account for 88% of China's silicone exports to Europe in 2024 [4]. - As of 2024, China's silicone exports to Europe are projected to be around 98,000 tons, representing 18% of total domestic exports [4].

Investment Rating - The report maintains a positive outlook on the chemical industry, with specific buy and hold recommendations for various companies [2][20]. Core Insights - The report highlights the closure of Dow's organic silicon production capacity in Barry, UK, which is expected to increase domestic export demand and support the upstream industrial silicon costs, indicating a potential reversal in the organic silicon industry [4][5]. - The demand for high-end AI PCBs is projected to surge due to the continuous growth in computing power requirements, driven by GPU, ASIC, and 800G switch technologies [4]. - The report notes that the recent tariff announcements from the US on imports from Southeast Asia are lower than expected, stabilizing pessimistic market sentiments [4]. Industry Dynamics - The macroeconomic outlook for the chemical industry indicates a significant increase in oil supply led by non-OPEC countries, with a stable global GDP growth rate of 2.8% [5]. - The report mentions that coal prices are expected to decline in the medium to long term, alleviating pressure on downstream sectors [5]. - Natural gas exports from the US are anticipated to accelerate, potentially lowering import costs [5]. Company Recommendations - Companies to watch in the organic silicon sector include Dongyue Silicon Materials, Xin'an Chemical, and Xingfa Group [4]. - In the PCB sector, recommended companies include Shengquan Group, Dongcai Technology, Lianrui New Materials, Yake Technology, Tiancheng Technology, and Jiuri New Materials [4]. - For traditional cyclical stocks, the report suggests focusing on leading companies in various segments such as Wanhu Chemical, Hualu Hengsheng, and Baofeng Energy [4]. Price Trends - The report provides specific price movements for various chemical products, such as PTA prices decreasing by 2.8% to 4715 RMB/ton, while MEG prices increased by 0.7% to 4409 RMB/ton [11]. - Urea prices rose by 2.9% to 1800 RMB/ton, while phosphate prices remained stable [12]. - The report notes that the price of DMC increased by 1.9% to 11000 RMB/ton, indicating a recovery in the organic silicon market [15].

Investment Rating - The report maintains a "Recommended" rating for the organic silicon industry, indicating a positive outlook for the sector [1]. Core Insights - Dow Chemical plans to close its basic siloxane plant in Barry, UK, by mid-2026 as part of its European asset optimization strategy, which will reduce siloxane production capacity by 145,000 tons per year, representing nearly one-third of Europe's total capacity [5]. - The closure is expected to enhance the pricing of organic silicon materials and improve the industry's overall profitability, while also creating significant opportunities for Chinese exporters to fill the supply gap left by the European exit [5]. - The report highlights a steady increase in industrial silicon prices, which supports the upward trend in organic silicon prices, with the average market price reaching 8,881 CNY per ton as of July 10, 2025, up 245 CNY from June 11, 2025 [6][7]. Summary by Sections Recent Trends - The organic silicon industry has shown a positive performance relative to the basic chemical sector and the CSI 300 index over the past year, with a 12-month increase of 17.4% for basic chemicals and 15.8% for CSI 300 [3]. Investment Highlights - The anticipated exit of major overseas producers from the market is expected to enhance the industry's outlook, with a notable increase in demand for organic silicon intermediates, which saw a 5.77% year-on-year increase in exports from China in the first five months of 2025 [5]. - The report emphasizes the importance of monitoring companies with organic silicon intermediate DMC production capacity, such as Xingfa Group, Luxi Chemical, Dongyue Silicon Materials, and others [8]. Key Companies and Earnings Forecast - The report provides earnings per share (EPS) forecasts for several key companies, indicating a positive growth trajectory for firms like Hoshine Silicon Industry and Xingfa Group, with projected EPS of 1.72 and 1.85 for 2025, respectively [8].

Group 1 - The company announced the redemption of cash management products, specifically a fixed deposit of 200 million RMB with Zhejiang Mintai Commercial Bank [2][4] - The board of directors approved the use of temporarily idle raised funds for cash management, with a maximum limit of 400 million RMB [3] - As of the announcement date, the company has no remaining balance in temporarily idle raised funds for cash management [5] Group 2 - The company and its subsidiaries provided guarantees totaling 2.13641 billion RMB as of June 30, 2025 [9][10] - The guarantees are primarily for subsidiaries to meet operational funding needs and are deemed necessary and reasonable by the board [12] - There are no overdue guarantees, and the total guarantees provided represent 17.17% of the company's audited net assets for 2024 [12]

证券代码：600596 证券简称：新安股份 公告编号：2025-040 号 浙江新安化工集团股份有限公司 关于闲置募集资金现金管理到期赎回公告 ? 已履行的审议程序：浙江新安化工集团股份有限公司（以下简称"公司"） 于 2024 年 9 月 25 日召开第十一届董事会第十五次会议、第十一届监事会第九 次会议审议通过了《关于使用部分暂时闲置募集资金进行现金管理的议案》， 保荐机构中信证券股份有限公司出具了无异议的核查意见。 一、募集资金现金管理审议程序 公司于 2024 年 9 月 25 日召开第十一届董事会第十五次会议、第十一届监事会 第九次会议审议通过了《关于使用部分暂时闲置募集资金进行现金管理的议案》， 同意公司使用最高不超过人民币 4 亿元（单日最高余额，含本数）的暂时闲置募集 资金进行现金管理，用于购买安全性高、流动性好的保本型理财产品或存款类产品 （包括但不限于保本型理财产品、结构性存款、大额存单、定期存款等），使用期 限自本次董事会审议通过之日起 12 个月内（含 12 个月）有效，在前述额度及期限 范围内，公司可以循环滚动使用。上述事项在董事会审批权限范围内，无需提交股 东大会审议。保荐机构中信 ...

镇江江南化工有限公司（以下简称"镇江江南"） 合肥星宇化学有限责任公司（以下简称"合肥星宇"） 福建新安科技有限责任公司（以下简称"福建新安"） 甘肃西部鑫宇化学有限公司（以下简称"西部鑫宇"） 新安硅材料（盐津）有限公司（以下简称"新安硅材料"） 福建福杭新业科技股份有限公司（以下简称"福杭新业"） 湖北皇恩烨新材料科技有限公司（以下简称"湖北皇恩烨"） 浙江启源新材料有限公司（以下简称"启源新材"） 浙江传化嘉易新材料有限公司（以下简称"传化嘉易"） 湖州启源金灿新能源科技有限公司（以下简称"启源金灿"） 宁夏新安科技有限公司（以下简称"宁夏新安"） ●担保金额：截至 2025 年 6 月 30 日，公司及控股子公司为控股子公司实际已提供 担保总额为 21.3641 亿元。 ●本次担保是否有反担保：公司控股子公司合肥星宇其他股东以股份比例为本公司 的担保提供反担保，公司控股子公司福杭新业其他股东以股份比例提供同比例担保。 ●无逾期对外担保情况 证券代码：600596 证券简称：新安股份 公告编号：2025-041 号 浙江新安化工集团股份有限公司 关于公司及控股子公司提供担保的进展公告 本公司董事会及全体 ...

证券代码：600596 证券简称：新安股份 公告编号：2025-040 号 浙江新安化工集团股份有限公司 关于闲置募集资金现金管理到期赎回公告 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。 重要内容提示： 到期赎回现金管理产品 现金管理产品：浙江民泰商业银行定期存款 现金管理金额：人民币 2 亿元 已履行的审议程序：浙江新安化工集团股份有限公司（以下简称"公司"） 于 2024 年 9 月 25 日召开第十一届董事会第十五次会议、第十一届监事会第九 次会议审议通过了《关于使用部分暂时闲置募集资金进行现金管理的议案》， 保荐机构中信证券股份有限公司出具了无异议的核查意见。 一、募集资金现金管理审议程序 公司于 2024 年 9 月 25 日召开第十一届董事会第十五次会议、第十一届监事会 第九次会议审议通过了《关于使用部分暂时闲置募集资金进行现金管理的议案》， 同意公司使用最高不超过人民币 4 亿元（单日最高余额，含本数）的暂时闲置募集 资金进行现金管理，用于购买安全性高、流动性好的保本型理财产品或存款类产品 （包括但不限 ...