Core Viewpoint - The company reported a significant decline in net profit for Q3 2025, with a loss of 11.84 million yuan, a year-on-year decrease of 122.71%, and a cumulative loss of 179 million yuan for the first three quarters, a year-on-year decline of 304.14% [1] Group 1: Financial Performance - The decline in performance is attributed to a larger decrease in product prices compared to raw material prices, high costs associated with trial production of new projects, and increased maintenance costs [1] - The company aims to enhance cost reduction and efficiency, consolidate its competitive advantages across the entire product and industry chain, and improve its risk resistance and performance levels [1] Group 2: Production Capacity and Projects - The company has established production capacities including 600,000 tons/year of propane dehydrogenation, 700,000 tons/year of phenol and acetone, and several other chemical products [2] - The company is focusing on building a new materials and new energy industry chain, with ongoing projects such as a 300,000 tons/year direct oxidation propylene oxide project and a 250,000 tons/year electrolyte solvent facility [3] Group 3: Strategic Focus - The company is committed to accelerating the progress of ongoing projects and developing high-end industry systems in new materials and new energy [3] - There are currently no ongoing merger and acquisition projects, but the company is actively seeking and evaluating potential targets for future opportunities [3]

利华益维远化学股份有限公司（以下简称"公司"）已于 2025 年 11 月 20 日 （ 星 期 四 ） 14:00-15:00 在 上 海 证 券 交 易 所 上 证 路 演 中 心 （http://roadshow.sseinfo.com/）通过网络文字互动方式召开 2025 年第 三季度业绩说明会。现将有关事项公告如下： 一、 业绩说明会召开情况 2025 年 11 月 13 日，公司于上海证券交易所网站（www.sse.com.cn） 及指定信息披露媒体披露了《利华益维远化学股份有限公司关于召开 2025 年第三季度业绩说明会的预告公告》（公告编号：2025-030）。2025 年 11 月 20 日（星期四）下午 14:00-15:00，公司董事长魏玉东先生，董事、总 经理李秀民先生，董事、副总经理、董事会秘书吕立强先生，董事、副总 经理、财务总监宋成国先生出席了本次业绩说明会。与投资者进行互动交 流和沟通，就投资者关注的问题进行了回复。 二、 投资者提出的主要问题及公司回复情况 证券代码：600955 证券简称：维远股份 公告编号：2025-031 利华益维远化学股份有限公司关于 2025 年第三 ...

证券代码：600955 证券简称：维远股份 公告编号：2025-030 利华益维远化学股份有限公司 2025 年第三季度业绩说明会预告公告 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： 利华益维远化学股份有限公司（以下简称"公司"）已于 2025 年 10 月 28 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 20 日（星期四）14:00-15:00 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。 会议召开时间：2025 年 11 月 20 日（星期四）14:00-15:00 会议召开地点：上海证券交易所上证路演中心（网址： http://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 13 日（星期四）至 11 月 19 日（星期三）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 wy ...

Group 1 - The core point of the article highlights the trading activity of Weiyuan Co., which saw a 3.21% increase in stock price, closing at 14.81 yuan on November 7 [1] - A significant block trade occurred, with a total volume of 232,200 shares and a transaction amount of 3 million yuan, indicating a premium rate of -12.76% [1] - The buyer was Guangfa Securities Co., Ltd., while the seller was Hualong Securities Co., Ltd., indicating active trading between these firms [1] Group 2 - Over the past three months, Weiyuan Co. has recorded only one block trade, with a total transaction amount of 3 million yuan [1] - In the last five trading days, the stock has increased by 4.52%, although there has been a net outflow of 4.0493 million yuan in principal funds [1]

Group 1 - The epoxy propylene concept continues to rise, with Shida Shenghua hitting the daily limit up [1] - Companies such as Wanhua Chemical, Hongbaoli, Binhua Co., Weiyuan Co., Satellite Chemical, and Yonghe Co. also experienced gains [1]

Core Viewpoint - The company, Weiyuan Co., Ltd., is a leading domestic manufacturer of organic chemical new materials, with a comprehensive industry chain advantage, and has faced challenges in profitability despite strong revenue performance [1][2]. Group 1: Company Overview - Weiyuan Co., Ltd. was established on December 23, 2010, and listed on the Shanghai Stock Exchange on September 15, 2021, with its registered and office address in Dongying, Shandong Province [1]. - The company specializes in the research, production, and sales of organic chemical new materials, including phenol, acetone, bisphenol A, polycarbonate, and isopropanol [1]. Group 2: Financial Performance - For Q3 2025, Weiyuan's revenue reached 6.752 billion, ranking third among 16 companies in the industry, while the industry leader, Satellite Chemical, reported revenue of 34.771 billion [2]. - The net profit for the same period was -179 million, placing the company 15th in the industry, with the top performer, Satellite Chemical, achieving a net profit of 3.755 billion [2]. Group 3: Financial Ratios - As of Q3 2025, Weiyuan's debt-to-asset ratio was 35.98%, down from 36.36% year-on-year, which is lower than the industry average of 46.56%, indicating good debt repayment capability [3]. - The gross profit margin for Q3 2025 was -0.28%, a decline from 1.64% in the previous year, significantly below the industry average of 11.02%, suggesting a need for improvement in profitability [3]. Group 4: Executive Compensation - The chairman, Wei Yudong, received a salary of 2.0474 million in 2024, a decrease of 213,700 from 2023 [4]. - The general manager, Li Xiumin, earned 1.9615 million in 2024, down by 199,800 from the previous year [4]. Group 5: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 7.89% to 33,500, while the average number of circulating A-shares held per account increased by 8.56% to 16,400 [5].

Core Viewpoint - Weiyuan Co., Ltd. (600955.SH) reported a significant decline in revenue and net profit for Q3 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company's operating revenue for Q3 2025 was 2.152 billion yuan, representing a year-on-year decrease of 20.17% [1] - The net profit attributable to shareholders of the listed company was -11.84 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -13.27 million yuan [1]

证券代码：600955 证券简称：维远股份 利华益维远化学股份有限公司 2025 年第三季度报告 重要内容提示： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误导 性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息的 真实、准确、完整。 利华益维远化学股份有限公司 2025 年第三季度报告 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。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 2,151,677,924.27 | -20.17 | 6,7 ...

证券代码：600955 证券简称：维远股份 公告编号：2025-029 利华益维远化学股份有限公司 2025年第三季度报告更正公告 本公司及董事会全体成员保证本公告内容不存在虚假记载、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。 1 项目 2025 年前三季度 （1-9 月） 2024 年前三季度 （1-9 月） 二、投资活动产生的现金流量： 收回投资收到的现金 489,000,000.00 320,000,000.00 取得投资收益收到的现金 1,050,391.76 753,616.44 处置固定资产、无形资产和其他长期资产 收回的现金净额 2,078,376.26 12,938,257.87 处置子公司及其他营业单位收到的现金 净额 收到其他与投资活动有关的现金 投资活动现金流入小计 购建固定资产、无形资产和其他长期资产 支付的现金 投资支付的现金 质押贷款净增加额 取得子公司及其他营业单位支付的现金 净额 更正前： | 支付其他与投资活动有关的现金 | | | | --- | --- | --- | | 投资活动现金流出小计 | 887,283,207.63 | 1 ...

Core Insights - Viyuan Co., Ltd. (600955.SH) released its Q3 2025 report on October 28, 2025, indicating significant institutional ownership and a slight decline in the proportion of shares held by institutional investors [1] Institutional Ownership - As of October 27, 2025, a total of 8 institutional investors disclosed holdings in Viyuan Co., Ltd., with a combined shareholding of 310 million shares, representing 56.34% of the total share capital [1] - The institutional investors include Viyuan Holdings LLC, Dongying Yuanda Investment Management Center (Limited Partnership), and several others, with the total institutional holding percentage decreasing by 0.29 percentage points compared to the previous quarter [1] Public Fund Holdings - In this reporting period, 6 public funds were disclosed that had not been reported in the previous quarter, including Guotai Jinqi Preferred Mixed A, Penghua Growth Smart Selection Mixed A, and others [1]