证券代码：600731 证券简称：湖南海利 公告编号：2025－033 湖南海利化工股份有限公司 关于以集中竞价交易方式首次回购公司股份的公告 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。 湖南海利化工股份有限公司（以下简称"公司"）于2025年4月23日召开第 十届董事会十九次会议，审议通过了《关于以集中竞价交易方式回购公司股份方 案的议案》，同意公司以自有资金及股票回购专项贷款通过集中竞价交易方式回 购股份，回购股份用于后续实施股权激励计划，回购价格不超过人民币9.44元/ 股（含，除权（息）后调整），拟回购股份数量不低于838万股（含）且不超过 1,676万股（含），具体回购股份数量以回购期满时实际回购股份数量为准，预 计公司拟用于回购的资金总额不超过15,821.44万元（含），实施期限为自公司 董事会审议通过回购方案之日起12个月内。具体内容详见公司于2025年6月27日 在上海证券交易所网站（www.sse.com.cn）披露的《湖南海利关于以集中竞价交 易方式回购A股股份的回购报告书》（公告编号：2025－03 ...

Summary of Key Points Core Viewpoint - Hunan Haili (600731) announced its first share buyback on July 15, 2025, involving 1 million shares, which represents 0.1790% of the company's total share capital [1] Group 1: Buyback Details - The buyback was conducted through centralized bidding, with a maximum transaction price of 6.99 CNY per share and a minimum price of 6.88 CNY per share [1] - The total amount paid for the buyback was 6.9506 million CNY, excluding transaction fees [1] Group 2: Funding and Future Plans - The company plans to use its own funds and a special loan for stock buybacks, with a total amount not exceeding 158 million CNY allocated for this purpose [1] - The shares repurchased will be used for future implementation of an equity incentive plan [1]

Group 1 - Hunan Haili's stock price closed at 7.09 yuan on July 11, 2025, reflecting a 1.29% increase from the previous week's 7.0 yuan [1] - The company's market capitalization is currently 3.961 billion yuan, ranking 39th out of 57 in the agricultural chemical sector and 3693rd out of 5149 in the A-share market [1] - The highest intraday price for Hunan Haili this week was 7.23 yuan on July 8, while the lowest was 6.96 yuan on July 7 [1] Group 2 - Hunan Haili adjusted its share repurchase price ceiling from 9.64 yuan per share to 9.44 yuan per share, effective from July 4, 2025 [1] - The company plans to repurchase between 8.38 million and 16.76 million shares, with a total funding amount not exceeding 161.5664 million yuan [1] - A cash dividend of 2.0 yuan per 10 shares (including tax) will be distributed, totaling 111.7484832 million yuan [1]

湖南海利化工股份有限公司 关于实施 2024 年年度权益分派后 调整回购股份价格上限的公告 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： 一、回购股份的基本情况 证券代码：600731 证券简称：湖南海利 公告编号：2025－032 公司以集中竞价交易方式回购股份价格上限由不超过9.64元/股（含）调整 为不超过9.44元/股（含）。具体的价格调整公式如下：调整后的回购股份价格 上限=（调整前的回购股份价格上限-每股现金红利） ÷（1+流通股份变动比例）。 其中，每股现金红利=（参与分配的股本总数×实际分派的每股现金红利）÷ 总股本=（558,742,416×0.2）÷558,742,416=0.2元/股。 湖南海利化工股份有限公司（以下简称"公司"）于2025年4月23日召开第 十届董事会十九次会议，审议通过了《关于以集中竞价交易方式回购公司股份方 案的议案》，同意公司以自有资金及股票回购专项贷款通过集中竞价交易方式回 购股份，回购股份用于后续实施股权激励计划，回购价格不超过人民币9.64元/ 股（含），拟 ...

Group 1 - The stock price of XD Hunan Hai (600731) closed at 7.0 yuan on July 4, 2025, down 0.85% with a turnover rate of 2.18% and a trading volume of 121,900 hands, amounting to 85.75 million yuan [1] - The latest financial results for Hunan Haili show total operating revenue of 431 million yuan for Q1 2025, a year-on-year increase of 25.44%, and a net profit attributable to shareholders of 56.61 million yuan, up 483.78% year-on-year [1] - The company has a current ratio of 4.110, a quick ratio of 3.233, and a debt-to-asset ratio of 25.74% [1] Group 2 - Hunan Haili Chemical Co., Ltd. was established in 1994 and is located in Changsha, primarily engaged in the manufacturing of chemical raw materials and products [2] - The company has made investments in 16 enterprises and participated in 230 bidding projects, holding 13 trademark registrations and 66 patents, along with 11 administrative licenses [2]

Core Viewpoint - Hunan Haili Chemical Co., Ltd. plans to repurchase A-shares through centralized bidding, with a total repurchase amount not exceeding 161.57 million yuan, aimed at implementing an employee stock incentive plan [1][2][3] Summary by Sections Repurchase Plan Overview - The company intends to repurchase between 8.38 million and 16.76 million shares, with the final number determined at the end of the repurchase period [1][3] - The maximum repurchase price is set at 9.64 yuan per share, which is 150% of the average trading price over the last 30 trading days prior to the board's decision [4][5] - The repurchase will be funded through the company's own funds and a special loan for stock repurchase [1][5] Purpose and Duration - The repurchase is aimed at enhancing shareholder value and investor confidence, supporting the company's long-term sustainable development [2][3] - The repurchase period will not exceed 12 months from the board's approval date [1][3] Impact on Share Structure - The repurchase is expected to account for 1.5% to 3% of the company's total share capital, with the total share capital being 558,742,416 shares [4][5] - If all repurchased shares are used for the stock incentive plan, the company's share structure will remain unchanged [6][7] Financial Position - As of March 31, 2025, the company's total assets are 4.472 billion yuan, with net assets of 3.217 billion yuan and current assets of 2.3 billion yuan [6][7] - The total repurchase amount represents 3.62% of total assets, 5.04% of net assets, and 7.04% of current assets, indicating a manageable impact on the company's financial health [6][7] Compliance and Governance - The board's decision to implement the repurchase does not require shareholder approval, having been passed by a two-thirds majority of the board [2][3] - The company has confirmed that there are no plans for share reduction by major shareholders or executives in the next three to six months [7][8]

Investment Rating - The report gives a "Strong Buy" rating for Hunan Haili, with a target price of 9.9 CNY per share [2][11]. Core Viewpoints - Hunan Haili is a leading company in the carbamate pesticide industry, leveraging its strong R&D capabilities and abundant resources to maintain a dominant market position. The company is expected to benefit from the recovery of the pesticide industry and the expansion of its unique product, Methyl Pyrimidine Phosphorus [7][9][10]. - The report anticipates significant revenue growth for the company, projecting revenues of 2,471 million CNY in 2024, increasing to 4,775 million CNY by 2027, with a compound annual growth rate (CAGR) of 34% from 2024 to 2027 [3][11]. Financial Summary - **Revenue Forecast**: - 2024: 2,471 million CNY - 2025: 3,243 million CNY (31.3% YoY growth) - 2026: 4,016 million CNY (23.8% YoY growth) - 2027: 4,775 million CNY (18.9% YoY growth) [3][11] - **Net Profit Forecast**: - 2024: 265 million CNY - 2025: 368 million CNY (38.6% YoY growth) - 2026: 502 million CNY (36.5% YoY growth) - 2027: 633 million CNY (26.0% YoY growth) [3][11] - **Earnings Per Share (EPS)**: - 2024: 0.47 CNY - 2025: 0.66 CNY - 2026: 0.90 CNY - 2027: 1.13 CNY [3][11] - **Valuation Ratios**: - Price-to-Earnings (PE) Ratio: Expected to decrease from 15 in 2025 to 6 in 2027 - Price-to-Book (PB) Ratio: Expected to decrease from 1.3 in 2025 to 1.0 in 2027 [3][11]. Company Overview - Hunan Haili is recognized as the first listed company in Hunan Province, with a strong backing from the Hunan Provincial State-owned Assets Supervision and Administration Commission [15][24]. - The company has established a robust production capacity of 28,000 tons for carbamate pesticides, with additional capacity being released from its Ningxia base [7][9][10]. Industry Insights - The carbamate pesticide sector is expected to experience a recovery due to the increasing demand for high-toxicity traditional pesticides, which are currently in short supply [7][9][45]. - The global pesticide market has shown a consistent growth trend, with an average annual growth rate of approximately 4.2% from 2017 to 2023, driven by the rising global population [46][49].

证券代码：600731 证券简称：湖南海利 公告编号：2025－030 湖南海利化工股份有限公司 关于以集中竞价交易方式回购 A 股股份的回购报告书 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： 1、本次回购事项存在因公司股票价格持续超出回购方案披露的价格上限， 进而导致本次回购方案无法顺利实施或者只能部分实施的风险； 2、若公司在实施回购股份期间，受外部环境变化、临时经营需要等因素影 响，致使本次回购股份所需资金未能筹措到位，可能存在回购方案无法实施或者 拟回购股份数量和资金总额：拟回购股份数量不低于 838 万股（含）且不超 过 1,676 万股（含），具体回购股份数量以回购期满时实际回购股份数量 为准，预计公司拟用于回购的资金总额不超过 16156.64 万元（含）； 拟回购资金来源：湖南海利化工股份有限公司（以下简称"公司"）自有资 金及股票回购专项贷款； 拟回购用途：用于实施公司股权激励计划； 拟回购价格:不超过人民币 9.64 元/股（含）； 拟回购方式:集中竞价交易方式 拟回购期限：自公司董事会 ...

证券代码：600731 证券简称：湖南海利 公告编号：2025-031 湖南海利化工股份有限公司 2024年年度权益分派实施公告 A 股每股现金红利0.2元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/7/3 | － | 2025/7/4 | 2025/7/4 | 差异化分红送转： 否 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： 每股分配比例 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 20 日的2024年年度股东大会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 分配方案： 本次利润分配以方案实施前的公司总股本558,742,416股为基数，每股派发现金红利0.2 元（含税），共计派发现金红利111 ...

Core Viewpoint - The company has received approval from the Hunan Provincial State-owned Assets Supervision and Administration Commission for its 2025 Restricted Stock Incentive Plan, which will require further approval from the shareholders' meeting before implementation [1][2]. Group 1 - The company held board and supervisory meetings on April 23 and May 29, 2025, to review and approve the draft of the 2025 Restricted Stock Incentive Plan and its summary [1]. - The approval from the Hunan Provincial State-owned Assets Supervision and Administration Commission is a significant step for the company's incentive plan, indicating support from the government [2]. - The company is committed to adhering to relevant laws and regulations, including the Company Law and Securities Law, while ensuring timely information disclosure [2].