Core Viewpoint - Lu Hua Technology's stock price has shown significant growth this year, with a year-to-date increase of 66.22% and a recent surge of 11.82% over the last five trading days [2] Financial Performance - For the period from January to September 2025, Lu Hua Technology reported a revenue of 7.517 billion yuan, representing a year-on-year decrease of 5.06%. The net profit attributable to shareholders was -364 million yuan, which is a year-on-year increase of 6.01% [3] - The company has cumulatively distributed 10.9431 million yuan in dividends since its A-share listing, with no dividends distributed in the last three years [4] Stock Market Activity - As of November 14, Lu Hua Technology's stock price was 3.69 yuan per share, with a market capitalization of 8.767 billion yuan. The stock experienced a trading volume of 67.013 million yuan and a turnover rate of 0.78% [1] - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent appearance on September 17, where it recorded a net buy of -291.33 million yuan [2] Shareholder Information - As of September 30, 2025, the number of shareholders increased by 6.51% to 55,200, while the average number of circulating shares per person decreased by 6.11% to 43,009 shares [3] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the eighth largest shareholder, holding 14.9354 million shares as a new shareholder [4] Business Overview - Lu Hua Technology, established on January 1, 1988, and listed on November 19, 1993, is primarily engaged in the production and sale of chemical products, as well as the design, manufacturing, installation, operation, maintenance, testing, and service of chemical equipment. The main revenue sources are chemicals (40.84%), fertilizers (24.42%), equipment manufacturing (18.19%), trade (13.73%), and others (2.82%) [2]

Core Insights - The agricultural chemical sector experienced a decline of 0.94% on November 12, with Chengxing Co. leading the drop [1] - The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1] Stock Performance Summary - Baiao Chemical (603360) saw a closing price of 34.59, with an increase of 4.22% and a trading volume of 182,100 shares, totaling a transaction value of 613 million yuan [1] - Chengxing Co. (600078) reported a significant decline of 10.00%, closing at 12.06 with a trading volume of 807,000 shares and a transaction value of 979 million yuan [2] - The overall agricultural chemical sector had a net outflow of 1.573 billion yuan from major funds, while retail investors contributed a net inflow of 1.245 billion yuan [2][3] Fund Flow Analysis - Major funds showed a net inflow of 34.63 million yuan into Luohua Technology (600691), while retail investors had a net outflow of 28.86 million yuan [3] - Li Min Co. (002734) experienced a net inflow of 26.16 million yuan from major funds, but a net outflow of 34.85 million yuan from retail investors [3] - Baiao Chemical (603360) had a net inflow of 11.19 million yuan from major funds, with retail investors showing a net outflow of 8.34 million yuan [3]

Group 1 - The agricultural chemical sector increased by 1.71% on November 10, with Chengxing Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 4018.6, up 0.53%, while the Shenzhen Component Index closed at 13427.61, up 0.18% [1] - Chengxing Co., Ltd. saw a closing price of 13.13, with a rise of 9.97% and a trading volume of 962,900 shares, amounting to a transaction value of 1.257 billion yuan [1] Group 2 - The agricultural chemical sector experienced a net outflow of 1.192 billion yuan from major funds, while retail investors saw a net inflow of 1.64 billion yuan [2] - The top gainers in the agricultural chemical sector included Hualu Hengsheng, with a closing price of 28.61 and a rise of 7.68%, and Lu Hua Technology, with a closing price of 3.54 and a rise of 7.27% [1] - The sector's overall trading activity reflected significant participation from retail investors, contrasting with the outflow from institutional and speculative funds [2]

Core Viewpoint - Luohua Technology's subsidiary, Zhengyuan Hydrogen Energy, is recognized as a key enterprise in Hebei Province and a national-level circular economy demonstration enterprise, indicating its strategic importance in the hydrogen energy sector [1] Company Summary - Zhengyuan Hydrogen Energy is currently in the construction phase of its second phase, which, upon completion, will become the largest hydrogen supplier in the Cangzhou Lingang Industrial Park [1]

Core Viewpoint - Shanxi Lu'an Chemical Technology Co., Ltd. held a board meeting on November 7, 2025, where several internal control and management system proposals were unanimously approved by all directors [1][4]. Board Meeting Details - The board meeting was conducted in accordance with the Company Law, Securities Law, and the company's articles of association, with all nine directors present [2]. - The meeting was held via telecommunication, and the notice and proposals were sent to all directors on November 3, 2025 [2]. Resolutions Passed - Three key proposals were approved during the board meeting: 1. The proposal to establish an internal control management system aimed at enhancing the company's risk prevention capabilities, with a unanimous vote of 9 in favor [3]. 2. The proposal to amend the related party transaction management system to ensure fairness and compliance in related party transactions, which will require further approval from the shareholders' meeting, also received 9 votes in favor [3]. 3. The proposal to revise eleven internal management systems, including the audit committee's annual report procedures and insider information management, was unanimously approved [3]. Importance of Revisions - The series of system revisions is seen as a significant step towards improving governance structure and operational standardization, which will help solidify internal control foundations and protect the rights of the company and its shareholders [4].

Group 1 - The company, Luhua Technology (600691.SH), has a significant presence in the hydrogen energy sector through its wholly-owned subsidiary, Zhengyuan Hydrogen Energy, which is recognized as a key enterprise in Hebei Province and a national-level circular economy demonstration enterprise [1] - Zhengyuan Hydrogen Energy is currently in the process of constructing its second phase, which, upon completion, will become the largest hydrogen supplier in the Cangzhou Lingang Industrial Park [1]

Group 1 - The core viewpoint of the article highlights that LuHua Technology's subsidiary, Zhengyuan Hydrogen Energy, is recognized as a key enterprise in Hebei Province and a national-level circular economy demonstration enterprise [1] - Zhengyuan Hydrogen Energy's second phase is currently under construction and, upon completion, will become the largest hydrogen supplier in the Cangzhou Lingang Industrial Park [1]

Group 1 - The core viewpoint of the article highlights that LuHua Technology's subsidiary, Zhengyuan Hydrogen Energy, is recognized as a key enterprise in Hebei Province and a national-level circular economy demonstration enterprise [1] - Zhengyuan Hydrogen Energy's second phase is currently under construction and is expected to become the largest hydrogen supplier in the Cangzhou Lingang Industrial Park upon completion [1]

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： 一、董事会会议召开情况 （一）本次董事会会议的召开符合《公司法》《证券法》和《公司章程》的 有关规定。 （二）本次董事会会议通知和议案于 2025 年 11 月 3 日以电子邮件和专人送 达等方式向各位董事发出。 证券代码：600691 证券简称：潞化科技 公告编号：临 2025-057 山西潞安化工科技股份有限公司 第十一届董事会第三十一次会议决议公告 无董事对本次董事会议案投反对或弃权票。 本次董事会议案全部获得通过。 （三）审议通过了《山西潞安化工科技股份有限公司关于修订公司规章制 度的议案》 （一）审议通过了《山西潞安化工科技股份有限公司关于制定<公司内部控 制管理制度>的议案》 表决结果：同意 9 票、反对 0 票、弃权 0 票。 （二）审议通过了《山西潞安化工科技股份有限公司关于修订<公司关联交 易管理制度>的议案》 鉴于《公司章程》《股东会议事规则》《董事会议事规则》和《独立董事工作 制度》已完成修订，董事会同意对《董事会审计委员会年报工作规程》《独 ...

Group 1 - The core point of the article is that LuHua Technology (SH 600691) held its 31st meeting of the 11th Board of Directors on November 7, 2025, via teleconference, where it reviewed proposals including amendments to the company's regulations [1] - For the first half of 2025, LuHua Technology's revenue composition was as follows: Basic Chemicals accounted for 40.84%, Fertilizer Manufacturing 24.42%, Equipment Manufacturing 18.19%, Trade 13.73%, and Other Industries 2.82% [1] - As of the report date, LuHua Technology's market capitalization was 7.8 billion yuan [1]