财报分析 公司2025年业绩预告显示，预计全年归母净利润亏损7000万元至1.1亿元，营业收入低于3亿元，可能触 发退市风险警示。亏损主因粘胶短纤产品价格与成本持续倒挂，以及PET业务虽毛利率改善但仍未覆盖 费用。2025年前三季度公司已亏损5205.85万元，负债率达71.26%。 经济观察网南京化纤（600889）重大资产重组取得关键进展，交易于2026年1月7日获上交所审核通过， 预计2026年上半年完成交割。本次重组采用"资产置换+发行股份购买资产+募集配套资金"方式，彻底 剥离亏损化纤业务，置入南京工艺装备制造股份有限公司100%股权，转型高端装备制造领域。标的公 司南京工艺为国内滚动功能部件龙头，承诺2025-2027年净利润累计不低于4.2亿元，估值16.07亿元。 股票近期走势 近7个交易日(2026年2月7日至13日)，南京化纤股价震荡上行，截至2月13日收盘报16.67元，累计上涨 1.34%。2月12日股价下跌1.03%，主力资金净流出402.55万元；但2月13日反弹至16.67元，当日涨幅 1.77%，主力资金转为净流入441.16万元。期间成交额逐步放大，2月13日达6615万元， ...

证监会发布关于同意 南京化纤股份有限公司发行股份购买资产并募集配套资金注册的批复。根据相关 法律法规，证监会同意南京化纤股份有限公司向多家公司发行股份购买资产，并募集配套资金不超过 4.4亿元。批复要求南京化纤股份有限公司严格按照报送上海 证券交易所的申请文件进行发行，并履行 信息披露义务，办理相关手续。批复自下发之日起12个月内有效。 ...

Group 1 - Huafeng Chemical (002064) is a global leader in the spandex industry, with strong technical advantages in differentiated spandex and early investments in bio-based and recycled spandex, benefiting from the growing demand for green fibers [2][34] - Tongkun Co., Ltd. (601233) is a domestic leader in the polyester filament industry, with strong technical and capacity advantages in differentiated and high-end products, and is expected to benefit from the recovery of downstream textile demand and policies promoting recycled fibers [3][35] - New Fengming (603225) is a core player in the polyester filament industry, with a strong position in differentiated and high-end products, and is well-positioned to benefit from the recovery of textile demand and the promotion of recycled fibers [4][36] Group 2 - Shuangxin Environmental Protection (001369) is a core enterprise in the PVA industry, with strong technical and capacity advantages, and is expanding into biodegradable and bio-based materials, expected to benefit from the growing demand for biodegradable materials [5][38] - Tianfulong (603406) is a core player in the polyester industrial yarn industry, with strong technical advantages and is expanding into high-performance and recycled industrial yarns, expected to benefit from the growth in automotive and industrial fabric demand [6][39] - Wanwei High-tech (600063) is a leading company in the PVA industry, with strong technical advantages and is expanding into biodegradable materials, expected to benefit from the growing demand for biodegradable materials [7][40] Group 3 - Xinxiang Chemical Fiber (000949) is a core enterprise in the viscose staple fiber industry, with strong technical advantages and is expanding into recycled viscose and bio-based viscose, expected to benefit from the recovery of textile demand [8][41] - Taihe New Materials (002254) is a leader in the aramid industry, with strong technical advantages and is expanding into high-performance and bio-based aramid, expected to benefit from the growth in high-end fields [9][42] - Jilin Chemical Fiber (000420) is a core player in the viscose staple fiber industry, with strong technical advantages and is expanding into high-performance carbon fiber, expected to benefit from the growth in aerospace and new energy sectors [10][44] Group 4 - Sanfangxiang (600370) is a core enterprise in the PTA industry, with strong technical advantages and is expanding into recycled PTA and bio-based PTA, expected to benefit from the recovery of textile demand [11][45] - Shenma Co., Ltd. (600810) is a leader in the nylon 66 industry, with strong technical advantages and is expanding into high-performance and recycled nylon, expected to benefit from the growth in automotive and industrial fabric demand [12][46] - Hailide (002206) is a leader in the polyester industrial yarn industry, with strong technical advantages and is expanding into high-performance and recycled industrial yarns, expected to benefit from the growth in automotive and industrial fabric demand [13][47] Group 5 - Youfu Co., Ltd. (002427) is a core player in the polyester industrial yarn industry, with strong technical advantages and is expanding into high-performance and recycled industrial yarns, expected to benefit from the growth in automotive and industrial fabric demand [14][48] - Huaxi Co., Ltd. (000936) is a core enterprise in the polyester staple fiber industry, with strong technical advantages and is expanding into recycled and bio-based polyester, expected to benefit from the recovery of textile demand [15][49] - Baolidi (300905) is a leader in the chemical fiber color masterbatch industry, with strong technical advantages and is expanding into biodegradable color masterbatches, expected to benefit from the green transformation of the chemical fiber industry [16][51] Group 6 - Nanjing Chemical Fiber (600889) is a core player in the viscose staple fiber industry, with strong technical advantages and is expanding into recycled viscose and bio-based viscose, expected to benefit from the recovery of textile demand [17][52] - Haiyang Technology (603382) is a core enterprise in the polyester industrial yarn industry, with strong technical advantages and is expanding into high-performance and recycled industrial yarns, expected to benefit from the growth in automotive and industrial fabric demand [18][53]

业绩承压 作为一家老牌化纤企业，南京化纤在2025年未能走出经营困境。 根据业绩预告，南京化纤预计利润总额亏损8000万元至1.2亿元；归母净利润亏损7400万元至1.11亿元； 扣除非经常性损益后的净利润亏损1.58亿元至2亿元。预计实现营业收入2.7亿元至3.3亿元，扣除与主营 业务无关的业务收入和不具备商业实质的收入后，营业收入仅为2.4亿元至2.9亿元，低于3亿元。 近日，南京化纤（600889.SH）披露2025年业绩预告，预计全年归母净利润亏损7000万元至1.1亿元。与 此同时，南京化纤还公告表示，依据《上海证券交易所股票上市规定》，公司股票可能被实施退市风险 警示。 目前，南京化纤正在筹划重大资产置换及发行股份购买资产计划，以改善经营状况。根据公告，南京化 纤计划置出持续亏损的化纤业务，置入南京工艺装备制造股份有限公司（以下简称"南京工艺"）100% 股份，实现向高端装备制造转型。 根据公告，若南京化纤2025年度经审计的利润总额、净利润或者扣除非经常性损益后的净利润孰低者为 负值且营业收入低于3亿元，根据《上海证券交易所股票上市规则》第9.3.2条规定，其可能被实施退市 风险警示。 南京化纤 ...

每经AI快讯，有投资者在投资者互动平台提问：请问贵公司近两年有无产品出口到欧洲？ 南京化纤（600889.SH）2月4日在投资者互动平台表示，公司目前业务的主要产品是粘胶短纤、莱赛尔 纤维、PET结构芯材等，目前业务海外营收的金额和占比不大。具体请关注公司的定期报告。 （记者 王瀚黎） ...

Market Overview - The chemical fiber sector experienced a significant decline of 6.82% on February 2, with Xinxiang Chemical Fiber leading the drop at -10.04% [1][2] - The Shanghai Composite Index closed at 4015.75, down 2.48%, while the Shenzhen Component Index closed at 13824.35, down 2.69% [1] Individual Stock Performance - Xinxiang Chemical Fiber (code: 000949) closed at 6.54, down 10.04%, with a trading volume of 1.318 million shares and a transaction value of 884 million yuan [2] - Huafeng Daxue (code: 002064) also saw a decline of 10.02%, closing at 11.59, with a transaction value of 142 million yuan [2] - Other notable declines included Shenma Co. (code: 600810) at -9.90% and Anhui Wuwei High-tech (code: 600063) at -7.97% [2] Capital Flow Analysis - The chemical fiber sector saw a net outflow of 510 million yuan from institutional investors, while retail investors had a net inflow of 571 million yuan [2] - The table of capital flow indicates that major stocks like Xinxiang Chemical Fiber and Huafeng Daxue experienced significant net outflows from institutional and speculative investors [3] Stock-Specific Capital Flow - Xinxiang Chemical Fiber had a net outflow of 461.68 million yuan from major investors, while retail investors contributed a net inflow of 2.5 million yuan [3] - New Fengming (code: 603225) had a net inflow of 428.18 million yuan from major investors, but a net outflow of 60.48 million yuan from speculative investors [3] - Other stocks like Jilin Carbon Valley (code: 920077) and Suzhou Longjie (code: 603332) also showed varied capital flows, with some experiencing net outflows from major and speculative investors [3]

Core Viewpoint - Nanjing Chemical Fiber Co., Ltd. is at risk of being delisted due to projected financial losses and revenues falling below regulatory thresholds for the year 2025 [2][3][4]. Financial Performance Forecast - The company anticipates a total profit loss of between -120 million yuan and -80 million yuan for 2025 [3][7]. - Expected net profit attributable to shareholders is projected to be between -111 million yuan and -74 million yuan [3][7]. - The net profit after deducting non-recurring gains and losses is estimated to be between -200 million yuan and -158 million yuan [3][7]. - Projected operating revenue is expected to be between 270 million yuan and 330 million yuan, with core operating revenue (excluding unrelated business income) estimated between 240 million yuan and 290 million yuan, both below the 300 million yuan threshold [3][7]. Delisting Risk Warning - According to the Shanghai Stock Exchange listing rules, if the audited total profit, net profit, or net profit after deducting non-recurring gains and losses is negative and operating revenue is below 300 million yuan, the company's stock may receive a delisting risk warning [4][16]. - The company will be suspended from trading if the 2025 annual report confirms these financial conditions, with the suspension starting from the report disclosure date [4][16]. Disclosure and Compliance - This announcement serves as the first risk warning regarding potential delisting, with two additional warnings expected before the 2025 annual report is disclosed [5][16]. - The financial data provided is preliminary and subject to audit, with the final figures to be disclosed in the official 2025 annual report [5][15].

格隆汇1月30日丨南京化纤(600889.SH)公布，预计公司2025年年度实现利润总额-12,000万元到-8,000万 元，预计2025年年度实现归属于母公司所有者的净利润-11,100万元到-7,400万元，归属于母公司所有者 的扣除非经常性损益后的净利润为-20,000万元到-15,800万元。预计2025年年度实现营业收入27,000万元 到33,000万元，扣除与主营业务无关的业务收入和不具备商业实质的收入后的营业收入为24,000万元到 29,000万元，低于3亿元。 ...

南京化纤股份有限公司 2025 年年度业绩预告 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个别及连带责任。 证券代码： 600889 证券简称：南京化纤 公告编号：2026-003 重要内容提示： 一、本期业绩预告情况 2025 年 1 月 1 日至 2025 年 12 月 31 日。 （二）业绩预告情况 1、经财务部门初步测算，预计公司 2025 年年度实现利润总额-12,000 万元 到-8,000 万元，预计 2025 年年度实现归属于母公司所有者的净利润-11,100 万 适用情形：利润总额、净利润或者扣除非经常性损益后的净利润孰低者为负 值，且扣除与主营业务无关的业务收入和不具备商业实质的收入后的营业收 入低于 3 亿元。 经财务部门初步测算，预计南京化纤股份有限公司（以下简称"公司"）2025 年年度实现利润总额-12,000 万元到-8,000 万元，预计 2025 年年度实现归 属于母公司所有者的净利润-11,100 万元到-7,400 万元，归属于母公司所有 者的扣除非经常性损益后的净利润为-20,000 万元到- ...

证券代码： 600889 证券简称：南京化纤 公告编号：2026-004 南京化纤股份有限公司 关于公司股票可能被实施退市风险警示的风险提示公告 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个别及连带责任。 重要内容提示： 依据《上海证券交易所股票上市规则》规定，南京化纤股份有限公司（以下 简称"公司"）股票可能被上海证券交易所实施退市风险警示，敬请广大投 资者注意投资风险。 一、可能被实施退市风险警示的原因 经财务部门初步测算，预计 2025 年年度实现利润总额-12,000 万元到-8,000 万元，预计 2025 年年度实现归属于母公司所有者的净利润-11,100 万元到-7,400 万元，归属于母公司所有者的扣除非经常性损益后的净利润为-20,000 万元到 -15,800 万元。预计 2025 年年度实现营业收入 27,000 万元到 33,000 万元，扣 除与主营业务无关的业务收入和不具备商业实质的收入后的营业收入为 24,000 万元到 29,000 万元，低于 3 亿元。具体内容详见公司同日披露的《公司 2025 年 ...