证券日报网讯11月20日晚间，湖南海利（600731）发布公告称，公司于2025年11月18日完成了2025年限 制性股票激励计划首次授予登记工作。 ...

证券代码：600731 证券简称：湖南海利 公告编号：2025-060 湖南海利化工股份有限公司 2025 年限制性股票激励计划首次授予结果公告 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： 湖南海利化工股份有限公司（以下简称"公司"）于 2025 年 11 月 18 日完 成了 2025 年限制性股票激励计划首次授予登记工作，根据《上市公司股权激励 管理办法》等相关规则的规定，现将具体情况公告如下： 一、限制性股票授予情况 （一）基本情况 1、首次授予日：2025 年 10 月 23 日； 2、首次授予数量：1,630.00 万股，占公司股本总额 55,874.2416 万股的 2.92%； 3、首次授予人数：223 人； 4、首次授予价格：3.27 元/股； 5、股票来源：公司从二级市场回购的公司 A 股普通股股票； ●限制性股票登记日：2025 年 11 月 18 日 ●限制性股票登记数量：1,630.00 万股 ●授予登记人数：223 人 6、实际授予数量与拟授予数量的差异说明：在资金缴纳过程中，有 ...

Core Insights - The company reported a revenue of 1.479 billion yuan for the first three quarters of 2025, a year-on-year decline of 13.36% [1] - Net profit attributable to shareholders was 198 million yuan, a slight decrease of 1.24% year-on-year, while the net profit after deducting non-recurring items was 151 million yuan, down 18.4% year-on-year [1] Group 1: Financial Performance - In Q3 alone, the company achieved a revenue of 513 million yuan, a year-on-year decline of 22.99%, with net profit down 45.02% and net profit after deducting non-recurring items down 39.76% [2] - The average price of the company's pesticide products was approximately 95,000 yuan per ton, showing a slight increase of 0.11% year-on-year [2] Group 2: Strategic Developments - The company successfully advanced its first-ever equity incentive plan, having repurchased approximately 16.76 million shares, accounting for 3% of the total share capital, with the buyback completed at prices between 6.87 yuan and 7.53 yuan per share [2] - The company needs to achieve a net profit after deducting non-recurring items of at least 263 million yuan in 2025 to meet the equity incentive assessment criteria, currently falling short by over 110 million yuan [2] Group 3: Market Opportunities - The demand for pest control due to vector-borne diseases has significantly increased, with expectations for higher demand for the company's key products, such as甲嘧 and 残杀威, driven by rising temperatures and related disease outbreaks [3] - The company is accelerating the registration of pesticide products domestically and internationally, with successful expansions in product registration for甲嘧 in the first half of the year [3] - The lithium battery cathode business is expected to benefit from technological advancements and market recovery, with existing capacity of 5,000 tons and plans for expansion to 16,000 tons [3] Group 4: Investment Outlook - Revenue projections for 2025-2027 are estimated at 2.7 billion, 3.6 billion, and 4.3 billion yuan respectively, with net profits of 300 million, 390 million, and 500 million yuan, reflecting year-on-year growth rates of 11.9%, 32.2%, and 27.4% [4] - The company is assigned a target price of 10.5 yuan per share based on a 15x PE ratio for 2026, maintaining a "strong buy" rating due to favorable growth prospects in its pesticide and new materials businesses [4]

Investment Rating - The report maintains a "Strong Buy" rating for Hunan Haili, with a target price of 10.5 CNY per share [2][8]. Core Views - The company's performance in the first three quarters of 2025 was slightly weaker than expected, with total revenue of 1.479 billion CNY, a year-on-year decrease of 13.36%. The net profit attributable to shareholders was 198 million CNY, a slight decline of 1.24% year-on-year [2][8]. - The company successfully advanced its first stock incentive plan, completing the repurchase of approximately 16.76 million shares, accounting for 3% of the total share capital, at a price range of 6.87 CNY to 7.53 CNY per share [8]. - The demand for pest control due to vector-borne diseases is increasing, with optimistic prospects for key products like "Killing Agent" and "Qiazi" [8]. - The lithium battery cathode business is expected to benefit from technological advancements and market recovery, with a current capacity of 5,000 tons and plans to expand to 16,000 tons [8]. - The report forecasts revenue for 2025-2027 to be 2.7 billion CNY, 3.6 billion CNY, and 4.3 billion CNY respectively, with net profits of 300 million CNY, 390 million CNY, and 500 million CNY, reflecting year-on-year growth rates of 11.9%, 32.2%, and 27.4% respectively [8]. Financial Summary - Total revenue for 2024A is projected at 2.471 billion CNY, with a year-on-year growth rate of 4.1%. For 2025E, revenue is expected to reach 2.67 billion CNY, with an 8.1% growth rate [4][9]. - The net profit attributable to the parent company is forecasted to be 265 million CNY in 2024A, increasing to 297 million CNY in 2025E, reflecting a growth rate of -3.1% and 11.9% respectively [4][9]. - Earnings per share (EPS) are projected to be 0.47 CNY for 2024A, increasing to 0.53 CNY for 2025E [4][9].

Core Viewpoint - The 26th Central (Hunan) Agricultural Expo has introduced a new agricultural input section, showcasing Hunan's innovations in the green pesticide sector through the participation of eight key pesticide production companies [1][2] Group 1: Event Overview - The expo took place from November 14 to 17, featuring a dedicated agricultural input section for the first time [1] - The Hunan Pesticide Association organized the participation of eight major pesticide companies, including Hunan Haili and Lier Chemical, to highlight the province's advancements in green pesticides [1] Group 2: Participating Companies - The participating companies represent critical segments of the pesticide industry chain, including raw material giants like Hunan Haili, which has established the world's largest carbamate pesticide production base [1] - Other notable companies include Lier Chemical, recognized for its achievements in formulation, along with Haohua Chemical, Nongda Haite Agricultural Chemicals, Shenlong Technology, Dafang Agricultural Chemicals, Wanjiafeng Technology, and Zefeng Agricultural Chemicals, forming a comprehensive industry display matrix [1] Group 3: Innovations and Impact - The companies showcased their latest achievements in green pesticide research and development, precision application technology, integrated pest management solutions, and environmentally friendly formulation products [1] - Representatives from participating companies expressed that the expo provided significant exposure for their green products, enhancing brand influence and facilitating precise connections with upstream and downstream resources [1] Group 4: Future Directions - The Hunan Pesticide Association aims to continue serving as a bridge for the industry, promoting a focus on green technology research and driving the transformation of Hunan's pesticide industry towards efficiency, safety, and environmental sustainability [2]

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：600731 证券简称：湖南海利 公告编号：2025-058 湖南海利化工股份有限公司关于召开 2025年第三季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： ● 投资者可于2025年11月19日（星期三）至11月25日（星期二）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sh600731@sina.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。 湖南海利化工股份有限公司（以下简称"公司"）已于2025年10月31日发布公司2025年第三季度报告，为 便于广大投资者更全面深入地了解公司2025年第三季度经营成果、财务状况，公司计划于2025年11月26 日（星期三）15:00-16:00举行2025年第三季度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对2025年第三季度的经营成果及财务指标的具体情况 与投资者进行互动交流和 ...

湖南海利化工股份有限公司（以下简称"公司"）2025年限制性股票激励计划（以下简称"本次激励计 划"）规定的限制性股票首次授予条件已经成就。根据公司2025年第一次临时股东大会决议的授权，公 司于2025年10月23日召开第十届董事会二十四次会议和第十届监事会十七次会议，审议通过了《关于向 公司2025年限制性股票激励计划激励对象首次授予限制性股票的议案》，确定以2025年10月23日为授予 日，向224名激励对象首次授予1,638.00万股限制性股票，首次授予价格为3.27元/股。详情请见公司于 2025年10月24日披露的《湖南海利关于向2025年限制性股票激励计划激励对象首次授予限制性股票的公 告》。 截至本公告披露之日，本次激励计划首次授予的激励对象已完成缴款。原计划向224名激励对象首次授 予1,638.00万股限制性股票，在资金缴纳过程中，有1名激励对象因个人原因放弃认购，1名激励对象因 个人原因减少认购股份数，涉及股数80,000股，因此本次激励计划首次授予激励对象人数由224人调整 为223人，首次授予股数由1,638.00万股调整为1,630.00万股。根据大华会计师事务所（特殊普通合伙） ...

湖南海利化工股份有限公司 关于股份性质变更暨 2025 年限制性股票激励计划 首次授予的进展公告 证券代码：600731 证券简称：湖南海利 公告编号：2025-059 特此公告。 湖南海利化工股份有限公司董事会 2025 年 11 月 15 日 件的流通股变更为有限售条件的流通股。股份来源为公司从二级市场回购的公司 A 股普通股股票。本次限制性股票授予完成后，公司股本结构变动情况如下: | | 类别 | 本次变动前 | 本次变动数 | 本次变动后 | | --- | --- | --- | --- | --- | | 有限售 通股 | 条件的流 | 759,751 | 16,300,000 | 17,059,751 | | 无限售 通股 | 条件的流 | 557,982,665 | -16,300,000 | 541,682,665 | | 总计 | | 558,742,416 | 0 | 558,742,416 | 后续，公司尚需在中国证券登记结算有限责任公司上海分公司办理本次激励 计划首次授予的登记工作，公司将根据相关规定及时履行信息披露义务。 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 ...

Core Points - Hunan Haili announced that the conditions for the initial grant of restricted stock under the 2025 incentive plan have been met [1] - The company held its 24th meeting of the 10th Board of Directors and the 17th meeting of the 10th Supervisory Board on October 23, 2025, to approve the initial grant of restricted stock [1] - A total of 16.38 million shares of restricted stock will be granted to 224 incentive objects at a price of 3.27 yuan per share [1] - As of the announcement date, the incentive objects have completed their payment for the shares [1] - The shares will change from unrestricted circulation to restricted circulation for 223 incentive objects, totaling 16.30 million shares [1] - The shares are sourced from the company's repurchase of A-share common stock in the secondary market [1] - The company will complete the registration work for the initial grant of the incentive plan with the Shanghai branch of China Securities Depository and Clearing Corporation [1]

证券代码：600731 证券简称：湖南海利 公告编号：2025-058 湖南海利化工股份有限公司 关于召开 2025 年第三季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 11 月 19 日（星期三）至 11 月 25 日（星期 二）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 sh600731@sina.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。 湖南海利化工股份有限公司（以下简称"公司"）已于 2025 年 10 月 31 日发布公司 2025 年第三季度报告，为便于广大投资者更全 面深入地了解公司 2025 年第三季度经营成果、财务状况，公司计划 于 2025 年 11 月 26 日（星期三）15:00-16:00 举行 2025 年第三季度 业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 （ ...