Market Overview - On September 15, the chemical raw materials sector declined by 0.16% compared to the previous trading day, with Zhenhua Co., Ltd. leading the decline [1] - The Shanghai Composite Index closed at 3860.5, down 0.26%, while the Shenzhen Component Index closed at 13005.77, up 0.63% [1] Stock Performance - Notable gainers in the chemical raw materials sector included: - Longbai Group (002601) with a closing price of 19.62, up 5.09% and a trading volume of 667,300 shares, totaling 1.314 billion yuan [1] - ST Yatai (000691) with a closing price of 7.81, up 4.97% and a trading volume of 101,400 shares, totaling 79.1972 million yuan [1] - Jinhai Titanium Industry (000545) with a closing price of 3.69, up 4.53% and a trading volume of 1,184,600 shares, totaling 435 million yuan [1] - Major decliners included: - Zhenhua Co., Ltd. (603067) with a closing price of 17.90, down 4.33% and a trading volume of 180,800 shares, totaling 329 million yuan [2] - Sanyou Chemical (600409) with a closing price of 5.78, down 3.02% and a trading volume of 368,900 shares, totaling 216 million yuan [2] - Jinniu Chemical (600722) with a closing price of 7.09, down 2.88% and a trading volume of 319,900 shares, totaling 228 million yuan [2] Capital Flow - The chemical raw materials sector experienced a net outflow of 398 million yuan from institutional investors, while retail investors saw a net inflow of 239 million yuan [2][3] - Notable capital flows included: - Huayi Group (600623) with a net inflow of 26.8479 million yuan from institutional investors [3] - Tianyuan Co., Ltd. (002386) with a net inflow of 25.0141 million yuan from institutional investors [3] - Xue Tian Salt Industry (600929) with a net inflow of 21.3913 million yuan from institutional investors [3]

Core Viewpoint - The company plans to hold a half-year performance briefing on September 22, 2025, to discuss its operational results and financial status for the first half of 2025, allowing investors to engage in Q&A sessions [2][3][4]. Group 1: Meeting Details - The meeting is scheduled for September 22, 2025, from 13:30 to 14:30 [4]. - It will take place at the Shanghai Stock Exchange Roadshow Center, accessible online [4]. - The format of the meeting will be an interactive online session [3][4]. Group 2: Participation Information - Investors can participate by logging into the Shanghai Stock Exchange Roadshow Center during the meeting time [4]. - Questions can be submitted from September 15 to September 19, 2025, through the Roadshow Center's website or via the company's email [4][6]. - The company will address commonly asked questions during the briefing [3][4]. Group 3: Contact Information - The contact person for inquiries is Chen Lihua [5]. - The contact phone number is 021-23536618, and the email address is chenlihua_lj@shhuayi.com [6].

证券代码：600618 900908 证券简称：氯碱化工 氯碱 B 股 公告编号：2025-022 一、 说明会类型 本次业绩说明会以网络互动形式召开，公司将针对 2025 年半年 上海氯碱化工股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 9 月 15 日（星期一）至 9 月 19 日（星期五） 16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过 公司邮箱 chenlihua_lj@shhuayi.com 进行提问。公司将在说明会上 对投资者普遍关注的问题进行回答。 上海氯碱化工股份有限公司（以下简称"公司"）已于 2025 年 8 月 26 日发布公司 2025 年半年度报告，为便于广大投资者更全面深入 地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 9 月 22 日下午 13:30 ...

Core Viewpoint - Chlor-alkali Chemical announced the approval of the proposal to revise and support the rules of procedure and to abolish the supervisory board during the first extraordinary general meeting of shareholders in 2025 [2] Group 1 - The company held its first extraordinary general meeting of shareholders in 2025 on September 2 [2] - The proposal to revise and support the rules of procedure was approved [2] - The supervisory board will be abolished as part of the approved changes [2]

Group 1 - The legal opinion letter was issued by Shanghai Rongli Tianwen Law Firm regarding the 2025 First Extraordinary General Meeting of Shanghai Chlor-Alkali Chemical Co., Ltd. held on September 2, 2025 [1][2] - The meeting was convened in accordance with relevant laws and regulations, and the notice was issued more than 15 days prior to the meeting, complying with the requirements [2][3] - A total of 304 participants attended the meeting, representing 588,906,936 shares with voting rights, which is 50.9259% of the total voting shares [3][4] Group 2 - The voting method combined on-site and online voting, with specific time slots for each voting method outlined in the notice [3][4] - The voting results showed that 542,433,328 shares were in favor of the proposals, accounting for 92.1085% of the total voting shares present [4][5] - The legal opinion concluded that the meeting's procedures, participant qualifications, and voting results were all in compliance with applicable laws and the company's articles of association [5]

Meeting Details - The shareholders' meeting was held on September 2, 2025, at 2101 Conference Room, 560 Xujiahui Road, Shanghai [1] - A total of 238 A-share shareholders and 66 B-share shareholders attended the meeting, holding 544,344,654 A-shares and 44,562,282 B-shares, representing 50.9259% of the total shares [1] - A-share shareholders accounted for 47.0724% of the total shares, while B-share shareholders represented 3.8535% [1] Voting Results - The non-cumulative voting proposal was approved with the following results: - A-shares: 540,328,668 votes in favor (99.2622%), 3,952,486 votes against (0.7261%), and 63,500 abstentions (0.0117%) - B-shares: 2,104,660 votes in favor (4.7230%), 42,457,222 votes against (95.2761%), and 400 abstentions (0.0009%) - Total: 542,433,328 votes in favor (92.1085%), 46,409,708 votes against (7.8807%), and 63,900 abstentions (0.0108%) [1] Special Resolutions - A special resolution was passed regarding the amendment of the company's articles of association and the cancellation of the supervisory board [1] Legal Compliance - The meeting was convened and conducted in accordance with legal regulations and the company's articles of association, with the presence of legal representatives confirming the validity of the meeting and voting procedures [1]

上海融力天闻律师事务所关于上海氯碱化工股份有限公司 2025 年第一次临时股东大会的法律意见书 融 2025 非诉第 0193 号 致：上海氯碱化工股份有限公司 关于上海氯碱化工股份有限公司 2025 年第一次临时股东大会的 法律意见书 上海融力天闻律师事务所 二〇二五年九月 上海融力天闻律师事务所（以下简称"本所"）接受上海氯碱化工股份有限 公司（以下简称"公司"）委托，指派袁晨律师、纪墨律师（以下简称"本所律 师"）参与见证了公司于 2025 年 9 月 2 日召开的 2025 年第一次临时股东大会（以 下简称"本次股东大会"）。 本所律师依据《中华人民共和国证券法》《中华人民共和国公司法》《上市 公司股东会规则》《上市公司治理准则》《律师事务所从事证券法律业务管理办 法》《律师事务所证券法律业务执业规则（试行）》等法律法规、规范性文件及 公司现行有效的《上海氯碱化工股份有限公司章程》（以下简称"《公司章程》"）、 的规定和要求，出具本法律意见书。 本所律师仅对本次股东大会的召集程序、召开程序、出席会议人员资格、召 集人资格、表决程序和表决结果发表法律意见，不对本次股东大会所审议的议案、 议案所涉及的内容 ...

证券代码：600618 900908 证券简称：氯碱化工 氯碱 B 股 公告编号：2025-021 上海氯碱化工股份有限公司 2025年第一次临时股东大会决议公告 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。 (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 9 月 2 日 | 其中：A | 股股东持股占股份总数的比例（%） | 47.0724 | | --- | --- | --- | | | 境内上市外资股股东持股占股份总数的比例（%） | 3.8535 | (二)股东大会召开的地点：上海市徐家汇路 560 号 2101 会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 304 | | --- | --- | | 其中：A 股股东人数 | 238 | | 境内上市外资股股东人数（B 股） | 66 | | 2、出席会议的股东 ...

Core Insights - Chlor-alkali Chemical (600618) reported a net profit increase of 21.09% year-on-year for the first half of 2025, despite a decline in total revenue [1] - The company's total revenue for the period was 3.577 billion yuan, down 8.1% from the previous year, while the net profit attributable to shareholders reached 443 million yuan [1] Financial Performance Summary - Total revenue for 2025 was 3.577 billion yuan, a decrease of 8.1% compared to 4.893 billion yuan in 2024 [1] - Net profit attributable to shareholders increased to 443 million yuan, up 21.09% from 366 million yuan in 2024 [1] - Gross margin decreased to 16.0%, down 8.86% from 17.56% in the previous year [1] - Net margin improved to 12.38%, an increase of 20.0% from 10.31% [1] - Total expenses (selling, administrative, and financial) amounted to 96.0452 million yuan, representing 2.68% of revenue, a decrease of 23.83% [1] - Earnings per share rose to 0.38 yuan, up 21.08% from 0.32 yuan [1] - Operating cash flow per share increased significantly to 0.4 yuan, a rise of 73.85% from 0.23 yuan [1] Balance Sheet Changes - Cash and cash equivalents increased by 28.86% to 2.513 billion yuan [1] - Interest-bearing debt surged by 180.75% to 1.081 billion yuan [1] - Accounts receivable rose by 14.13% to 289 million yuan [1] - The company's net asset value per share increased to 7.7 yuan, up 8.25% from 7.11 yuan [1] Cash Flow Analysis - Net cash flow from operating activities increased by 73.85%, attributed to higher sales receipts and lower tax payments [3] - Cash flow from investing activities saw a significant decline of 11376.69%, due to increased payments for long-term asset acquisitions [3] - Cash flow from financing activities increased by 130.23%, driven by higher project loans [3] Business Evaluation - The company's return on invested capital (ROIC) was 8.38%, indicating average capital returns [3] - Historical data shows a median ROIC of 13.09% over the past decade, with a notable low of -8.62% in 2016 [3] - The company has reported losses in four out of 32 annual reports since its listing, suggesting a generally average investment profile [3]

Core Viewpoint - The company has released its unaudited half-year report for 2025, ensuring the accuracy and completeness of the information provided, and confirming that there are no significant omissions or misleading statements [1][6][10]. Group 1: Company Overview - The company is Shanghai Chlor-Alkali Chemical Co., Ltd., with stock codes 600618 and 900908, and it operates in the chemical industry [6]. - The board of directors and all members have confirmed their attendance at the board meeting where the half-year report was approved [2]. Group 2: Financial Data - The half-year report includes key financial data, although specific figures for production, sales, and revenue are not detailed in the provided text [5]. - The self-consumption of chlorine products for the first half of 2025 was reported at 226,070 tons [6]. Group 3: Important Matters - There were no significant changes in the company's operational situation during the reporting period, nor were there any events that would have a major impact on the company's operations [7]. - The company has not distributed profits or increased capital during the reporting period [4]. Group 4: Board and Supervisory Committee Decisions - The board and supervisory committee have both approved the half-year report and its summary, confirming compliance with relevant laws and regulations [11][17]. - The board also reviewed a risk assessment report regarding Shanghai Huayi Group Financial Co., Ltd., ensuring due diligence in evaluating the financial company's qualifications and risks [13][17].