Core Viewpoint - Shandong Lubei Chemical Co., Ltd. announced the release of part of the pledged shares held by its controlling shareholder, Lubei Group, which may impact the company's financial flexibility and future financing options [2]. Group 1: Shareholding and Pledge Details - Lubei Group holds 180,987,541 shares of the company, accounting for 34.24% of the total share capital [2]. - After the release of the pledge, Lubei Group has a total of 50,000,000 shares pledged, which represents 27.63% of its holdings and 9.46% of the company's total share capital [2]. - The specific release involved 40,000,000 shares that were previously pledged to Zhongtai Securities Co., Ltd., and the necessary procedures for the release have been completed [2]. Group 2: Risk and Future Financing - As of the announcement date, there is no risk of forced liquidation or transfer of the pledged shares [2]. - The released shares will continue to be used for future pledge financing, indicating ongoing financial strategies by Lubei Group [2].

Group 1 - The core announcement is that Lubei Chemical has released a notice regarding the release of pledged shares by its controlling shareholder, Shandong Lubei Enterprise Group [2] - The number of shares released from pledge is 40,000,000 shares [2] - The share release has been officially registered with the China Securities Depository and Clearing Corporation Limited [2]

Group 1 - The core point of the article is that Lubei Chemical has reported its total number of shareholders as of January 9, 2026, which stands at 45,598 households [2]

股票代码：600727 股票简称：鲁北化工 编号：2026-001 特别提示 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： ●山东鲁北化工股份有限公司（以下简称"公司"）控股股东山东鲁北企业集团 总公司（以下简称"鲁北集团"）持有公司股份 180,987,541 股,占公司总股本比例 为 34.24%。本次解除质押后，鲁北集团持有公司股份累计质押数量为 50,000,000 股，占其持股数量比例为 27.63%，占公司总股本比例为 9.46%。 公司于 2026 年 1 月 12 日收到鲁北集团通知，其持有的公司部分股份办理了解 除质押登记手续，现将有关情况公告如下： 一、本次控股股东部分股份解除质押的具体情况 鲁北集团将原质押给中泰证券股份有限公司的无限售流通股解除质押，解除质 押的股份数为 40,000,000 股，并已在中国证券登记结算有限责任公司办理了股权解 押登记手续，具体情况如下： 山东鲁北化工股份有限公司 关于控股股东部分股权解除质押的公告 | 剩余被质押股份数量占其所持股份比例 | 27.63 ...

Core Viewpoint - The announcement indicates that the controlling shareholder, Luban Group, will release a pledge of 40 million unrestricted circulating shares to Zhongtai Securities on January 9, 2026, which represents 22.10% of its holdings and 7.57% of the total share capital [1] Group 1 - Luban Group currently holds 181 million shares, accounting for 34.24% of the total share capital [1] - After the release of the pledge, Luban Group will have a total of 50 million shares pledged, which is 27.63% of its holdings and 9.46% of the total share capital [1] - The released shares will be used for subsequent pledge financing, and there are currently no risks of forced liquidation or transfer [1]

Market Overview - On January 7, the Shandong state-owned enterprise reform sector fell by 0.13% compared to the previous trading day, with Shida Shenghua leading the decline [1] - The Shanghai Composite Index closed at 4085.77, up 0.05%, while the Shenzhen Component Index closed at 14030.56, up 0.06% [1] Stock Performance - Notable gainers in the Shandong state-owned enterprise reform sector included: - Lixin Chuangtou (600783) with a closing price of 26.94, up 10.00% on a trading volume of 49,900 shares and a transaction value of 134 million [1] - Shandong Molong (002490) closed at 7.70, up 5.77% with a trading volume of 1.1299 million shares and a transaction value of 839 million [1] - Taihe New Materials (002254) closed at 11.71, up 4.46% with a trading volume of 612,500 shares and a transaction value of 707 million [1] Decliners - Key decliners included: - Shida Shenghua (603026) with a closing price of 76.09, down 4.05% and a trading volume of 143,400 shares [2] - Dongjie Intelligent (300486) closed at 18.71, down 3.61% with a trading volume of 210,600 shares [2] - Shandong Zhanggu (002598) closed at 9.15, down 2.76% with a trading volume of 256,500 shares [2] Capital Flow - The Shandong state-owned enterprise reform sector experienced a net outflow of 609 million from institutional investors, while retail investors saw a net inflow of 430 million [2] - The sector's capital flow indicates that institutional investors are withdrawing, while retail investors are increasing their positions [2] Individual Stock Capital Flow - Yanzhou Coal Mining (600188) had a net inflow of 213 million from institutional investors, but a net outflow of 141 million from retail investors [3] - Weichai Heavy Machinery (000880) saw a net inflow of 167 million from institutional investors, with a net outflow of 123 million from retail investors [3] - Lixin Chuangtou (600783) had a significant net inflow of 57.64 million from institutional investors, but retail investors withdrew 29.36 million [3]

Core Viewpoint - The titanium dioxide industry is experiencing a strong rally, with several companies seeing significant stock price increases due to a recent price increase announcement aimed at reversing previous low pricing and profitability trends [1][3]. Group 1: Stock Performance - Anning Co., Vanadium Titanium Co., and Jinpu Titanium Industry all reached their daily price limits, while Zhenhua Co. rose over 9%, and Huiyun Titanium Industry increased by over 7% [1]. - Other companies such as Anada and Longbai Group saw stock price increases of over 6%, with Tianneng Chemical, Tianyuan Co., and Luban Chemical also experiencing gains [1][2]. Group 2: Industry Developments - The titanium dioxide industry has jointly issued a price increase notice to improve the low pricing and profitability situation, indicating a potential recovery window for industry profits [3]. - Leading domestic titanium dioxide companies are accelerating their investment in chloride process capacity, with Tianneng Co. announcing a planned investment of 1.483 billion yuan to build a 100,000-ton chloride titanium dioxide project, aligning with the industry's green transformation trend [1].

Core Viewpoint - As of December 31, 2025, the total number of shareholders for Luboh Chemical is projected to be 45,719 households [2] Company Summary - Luboh Chemical has engaged with investors through an interactive platform, providing insights into its shareholder structure [2] - The company is actively communicating with its investors, indicating a focus on transparency and shareholder engagement [2]

Core Viewpoint - Company will disclose its 2025 annual performance in the upcoming 2025 annual report, adhering to relevant laws and regulations regarding information disclosure [1] Group 1 - Company responded to investor inquiries on an interactive platform regarding its future performance [1] - Company emphasizes its commitment to comply with legal and regulatory requirements for information disclosure [1]

Meeting Overview - The shareholders' meeting was held on December 18, 2025, at the company's office building conference room [1] - The meeting was chaired by the company's chairman, Mr. Chen Shuchang, and complied with the relevant provisions of the Company Law and the Articles of Association [1] Attendance and Voting - A total of 7 current directors and the board secretary attended the meeting, along with other senior executives [1] - The meeting had no rejected resolutions [1] Resolutions Passed - The following proposals were approved: 1. Proposal on the expected daily related transactions for 2026 [2] 2. Proposal on the bank credit limit for 2026 [2] 3. Proposal on the external guarantee limit for 2026 [2] 4. Proposal to amend the Articles of Association [2] 5. Proposal to amend the Independent Director System [2] 6. Proposal to amend the Control and Decision-Making System for Related Transactions [2] 7. Proposal to amend the Fund Management System [2] 8. Proposal to amend the Selection of Accounting Firm System [2] Special Resolutions - Proposals 3 and 4.01 were special resolutions that received more than two-thirds of the valid voting rights [2] Shareholder Voting Details - The controlling shareholder, Shandong Lubei Enterprise Group Co., Ltd., holds 180,987,541 shares and abstained from voting on Proposal 1 [2] Legal Verification - The meeting was witnessed by Guangdong Huashang (Beijing) Law Firm, confirming that the meeting's procedures and voting results were legal and valid [3]