Core Viewpoint - The article discusses the current state and future outlook of the salt industry in China, highlighting a decline in raw salt production and providing insights into investment opportunities within the sector [1]. Industry Overview - According to the National Bureau of Statistics, China's raw salt production in December 2025 was 3.83 million tons, representing a year-on-year decrease of 12.4% [1]. - The cumulative raw salt production in China for the year 2025 reached 60.01 million tons, showing a slight decline of 0.3% compared to the previous year [1]. Companies Mentioned - The article lists several companies involved in the salt industry, including: - Su Yan Jing Shen (603299) - Zhong Yan Chemical (600328) - Xue Tian Salt Industry (600929) - Shandong Haihua (000822) - San You Chemical (600409) - Yunnan Salt Chemical (002053) [1]. Research Report - The article references a report by Zhiyan Consulting titled "Analysis of Investment Opportunities and Market Outlook Trends in China's Salt Industry from 2026 to 2032," indicating a focus on future market trends and investment potential [1].

证券日报网讯 1月26日，雪天盐业在互动平台回答投资者提问时表示，公司携手湖南湘江新区管理委员 会、复旦大学技术团队等合作建立了湖南省未来纤维研究院有限公司，以"研发—中试—产业化"一体化 为建设路径，共同研究探索纤维电子器件的规模化生产技术，目前该公司已完成工商登记。 （文章来源：证券日报） ...

Core Viewpoint - On January 26, a total of 8 listed companies will have their restricted shares unlocked, with a total market value of approximately 2.11 billion yuan [1] Summary by Category Restricted Share Unlocking - The companies involved in the unlocking of restricted shares include: - Meili Eco (000010) with 45.48 million shares from equity incentive restrictions - Jiadian Co. (000922) with 236,500 shares from equity incentive restrictions - Nanjing Pharmaceutical (600713) with 5.43 million shares from equity incentive restrictions - Nuofushin (002215) with 4.43 million shares from equity incentive restrictions - Great Wall Motors (601633) with 13.67 million shares from equity incentive restrictions - Xutian Salt Industry (600929) with 513,600 shares from equity incentive restrictions - Tianzheng Electric (605066) with 462,500 shares from equity incentive restrictions - Yifang Bio (688382) with 161 million shares [1]

Group 1 - The chemical raw materials sector increased by 1.74% on January 22, with Xue Tian Salt Industry leading the gains [1] - The Shanghai Composite Index closed at 4122.58, up 0.14%, while the Shenzhen Component Index closed at 14327.05, up 0.5% [1] - Notable gainers in the chemical raw materials sector included Xue Tian Salt Industry (+7.47%), Longbai Group (+6.38%), and Luxi Chemical (+5.08%) [1] Group 2 - The chemical raw materials sector experienced a net outflow of 233 million yuan from institutional investors, while retail investors saw a net outflow of approximately 11.85 million yuan [2] - The top individual stock in terms of net inflow from institutional investors was Baofeng Energy, with a net inflow of 141 million yuan [3] - Xue Tian Salt Industry had a net inflow of 57.98 million yuan from institutional investors, despite a net outflow from retail investors [3]

Summary of Key Points from Conference Call Records Industry Overview - The records primarily focus on the chemical industry, specifically tracking price changes and stock performance of chemical companies as of January 20. Key Financial Metrics - The Shanghai Composite Index reported at 4113.65, with a day-on-day change of -0.01% - Basic chemicals and petrochemicals reported at 7785.68 and 4841.91, with day-on-day changes of +0.35% and +2.58% respectively [1][1][1] Price Changes in Chemicals - Top five price increases in chemicals: - R125: +3.09% - R22: +2.94% - Niacinamide: +2.94% - Acrylic Acid: +2.7% - Propyl Acetate: +2.22% [1][1][1] - Price increases in anti-involution products: - Polyester Bottle Chips: +0.75% - Caprolactam: +0.54% [1][1][1] Price Spread Changes - Top five increases in price spreads: - Lithium Iron Phosphate: +52.62% - Anhydride: +38.41% - Rigid Polyether: +37.5% - Glyphosate: +29.24% - Phenol: +17.62% [1][1][1] Stock Performance of Chemical Companies - Top five stock price increases: - Jiangtian Chemical: +19.99% - Yida Co.: +11.96% - Runfeng Co.: +10.72% - Qicai Chemical: +10.71% - Hongmian Co.: +10.13% [1][1][1] Earnings Forecasts - **Oriental Tower**: Expected net profit for 2025 is between 1.08-1.27 billion, a year-on-year increase of 91.4%-125.07% [2][2][2] - **Batian Co.**: Expected net profit for 2025 is between 890-980 million, a year-on-year increase of 117.53%-139.53% [2][2][2] - **Kaisheng New Materials**: Expected net profit for 2025 is between 110-140 million, a year-on-year increase of 96.47%-150.06% [2][2][2] - **Qiaoyuan Co.**: Expected net profit for 2025 is between 226-256 million, a year-on-year increase of 51.51%-71.62% [2][2][2] - **Zhongshi Technology**: Expected net profit for 2025 is between 330-370 million, a year-on-year increase of 63.86%-83.73% [2][2][2] - **Changhua Chemical**: Expected net profit for 2025 is between 89-109 million, a year-on-year increase of 53.75%-87.91% [2][2][2] - **Xinjiang Tianye**: Expected net profit for 2025 is around -50 million, indicating a loss [2][2][2] - **Juheshun**: Expected net profit for 2025 is between 130-160 million, a year-on-year decrease of 47%-57% [2][2][2] Other Notable Announcements - **Huarun Materials**: Expected net loss for 2025 is between 85-115 million, a year-on-year reduction of 85.08%-79.81% [3][3][3] - **Huajin Co.**: Expected net loss for 2025 is between 1.6-1.9 billion, a year-on-year increase of 42.75%-32.02% [3][3][3] - **Xinghua Co.**: Expected net loss for 2025 is between 420-560 million [3][3][3] - **Baomo Co.**: Change in actual controller due to share transfer agreement [3][3][3] - **Nanjing Julong**: Plans to invest 30 million to establish a wholly-owned subsidiary for a 60,000-ton modified plastic production line [3][3][3] - **Jiangtian Chemical**: Plans to invest 49.8 million to establish a 60,000-ton acrylic acid project with a one-year construction period [3][3][3] Conclusion - The chemical industry shows a mix of positive earnings forecasts and significant stock price movements, alongside some companies projecting losses. The data indicates potential investment opportunities in companies with strong growth forecasts while highlighting risks in those expecting losses.

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、准确性和完整性依法承担法律责任。 雪天盐业集团股份有限公司关于2021年限制性股票激励计划预留授予部分限 制性股票第三个解除限售期解除限售暨上市流通的提示性公告 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：600929 证券简称：雪天盐业 公告编号：2026-006 重要内容提示： ● 本次股票上市类型为股权激励股份；股票认购方式为网下，上市股数为487,758股。 本次股票上市流通总数为487,758股。 ● 本次股票上市流通日期为2026年1月26日。 一、2021年限制性股票激励计划批准及实施情况 （一）已履行的决策程序和信息披露情况 1．2021年2月4日，雪天盐业集团股份有限公司（以下简称公司）第三届董事会第二十六次会议审议通 过了《关于公司〈2021年限制性股票激励计划（草案）〉及其摘要的议案》，公司第三届监事会第二十 二次会议审议通过了上述议案并对本次限制性股票激励计划的激励对象名单进行核实，独立董事就本次 限制性股票激励计划相关事项发表了明确同意的独立意见。 2．2021年4月 ...

Group 1 - The company has snow-melting salt products available for sale [2] - In response to the current low-temperature, rainy, and icy weather, the company is actively managing the production, storage, and distribution of snow-melting salt [2]

证券代码：600929 证券简称：雪天盐业 公告编号：2026-006 雪天盐业集团股份有限公司 关于 2021 年限制性股票激励计划预留授予部分限 制性股票第三个解除限售期解除限售暨上市流通的 提示性公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 4．2021 年 4 月 13 日至 2021 年 4 月 22 日，公司将本次拟激励对 象的姓名和职务在公司内部进行了公示。公示期内，公司监事会未收 到任何人对本次激励计划拟激励对象提出的异议。2021 年 4 月 27 日， 公司披露了《雪天盐业集团股份有限公司监事会关于公司 2021 年限制 性股票激励计划首次授予激励对象名单的公示情况说明及核查意见》。 5．2021 年 5 月 6 日，公司召开 2021 年第二次临时股东大会，审 议通过了《关于公司<2021 年限制性股票激励计划（草案修订稿）>及 其摘要的议案》、《关于公司<2021 年限制性股票激励计划实施考核管理 办法（修订稿）>的议案》及《关于提请公司股东大会授权董事会办理 公司 2021 ...

Core Viewpoint - The announcement details the achievement of conditions for the third unlock period of the reserved stock options under the 2021 restricted stock incentive plan of Xue Tian Salt Industry, allowing 18 eligible participants to unlock a total of 487,758 shares, representing approximately 0.03% of the company's total share capital [2][9]. Group 1: Incentive Plan Overview - The 2021 restricted stock incentive plan has been approved and implemented, with the board confirming that the conditions for the third unlock period have been met [2][10]. - The total number of shares eligible for unlocking in this phase is 487,758, which is approximately 0.03% of the company's total share capital [2][9]. - The board has authorized the necessary procedures to unlock the shares for eligible participants [14]. Group 2: Decision-Making Process - The decision-making process for the incentive plan involved multiple board meetings and approvals, including independent opinions from directors and supervisory board [3][4][5]. - The plan was initially approved on February 4, 2021, and has undergone several revisions and approvals through various board meetings [3][4][5][6]. - The board's compensation and assessment committee has confirmed that the conditions for unlocking the shares have been satisfied [10]. Group 3: Legal Compliance - The unlocking of shares complies with relevant laws and regulations, including the Company Law and Securities Law, as well as the company's own incentive plan [11]. - The necessary legal procedures have been followed, and the company is required to disclose relevant information regarding the unlocking process [11].

Group 1 - The company, Xue Tian Salt Industry, announced the approval of several key resolutions during the 14th meeting of its fifth board of directors, including the conditions for the third release of restricted stock under the 2021 restricted stock incentive plan [2] - The board also approved the adjustment of the audit committee members and the appointment of a new deputy general manager [2]