Group 1 - The epoxy propylene sector experienced a decline of 3.41%, ranking among the top losers in the market, with notable declines in stocks such as Hongqiang Co., which hit the daily limit down, and others like Hongbaoli, Yida Co., and Bohai Chemical [1][2] - The sector saw a net outflow of 9.23 billion yuan in principal funds, with 18 stocks experiencing net outflows, and 6 stocks seeing outflows exceeding 30 million yuan. Hongbaoli led the outflow with 5.56 billion yuan, followed by Hangjin Technology, Wanhua Chemical, and Hongqiang Co. [2][3] - The top stocks with net inflows included Satellite Chemical, Zhongchumai, and Shida Shenghua, with inflows of 332.33 million yuan, 2.50 million yuan, and 1.99 million yuan respectively [2][3] Group 2 - The top losers in the epoxy propylene sector included Hongbaoli (-8.60%), Hangjin Technology (-3.77%), and Hongqiang Co. (-9.98%), with significant trading volumes and turnover rates [2][3] - The overall market sentiment reflected a bearish trend, with various sectors such as sodium-ion batteries and transgenic technology also experiencing declines, indicating a broader market pullback [2]

Group 1 - The company held a performance briefing for the fiscal year 2024 and the first quarter of 2025 on May 15, 2025, with key executives participating to address investor inquiries [1] - The company is involved in high-end chemicals, new energy, and new materials, indicating a positive long-term development outlook for its main product sectors [2] - The company has implemented share buybacks and cash dividends as part of its market value management strategy, aiming to enhance value creation and realization [2] Group 2 - The company's propylene oxide production capacity has been operating normally since its launch in September 2024 [2] - The company plans to focus on its core business, accelerate existing project construction, and explore new projects to enhance competitiveness [2] - The significant loss in the first quarter of 2025 was attributed to a larger decline in product prices compared to raw material prices, along with high costs from new project trials and equipment maintenance [4]

证券代码：600955 证券简称：维远股份 公告编号：2025-015 利华益维远化学股份有限公司关于 2024 年度暨 2025 年第一季度业绩说明会与 2025 年山东辖区上市公司投资者网上集体接待日 活动召开情况的公告 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个别及连带责任。 利华益维远化学股份有限公司（以下简称"公司"）已于 2025 年 5 月 15 日 （ 星 期 四 ） 16:00-17:00 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 2024 年度 暨 2025 年第一季度业绩说明会；并于 2025 年 5 月 15 日（星期四） 15:00-16:30 在"全景路演"网站（http://rs.p5w.net）、微信公众号（名 称：全景财经）、全景路演 APP 通过网络的方式参加由山东证监局、山东 上市公司协会与深圳市全景网络有限公司联合举办的"2025 年山东辖区上 市公司投资者网上集体接待日活动"。现将有关事项公 ...

证券代码：600955 证券简称：维远股份 公告编号：2025-014 为进一步加强与投资者的互动交流，利华益维远化学股份有限公司（以 下简称"公司"）将参加由山东证监局、山东上市公司协会与深圳市全景 网络有限公司联合举办的"2025 年山东辖区上市公司投资者网上集体接待 日活动"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网 站（http://rs.p5w.net）；或关注微信公众号（名称：全景财经）；或下 载全景路演 APP,参与本次互动交流。活动时间为 2025 年 5 月 15 日（周四） 15:00-16:30。届时公司高管将在线就公司 2024 年度业绩、公司治理、发 展战略、经营状况、融资计划、股权激励和可持续发展等投资者关心的问 题，与投资者进行沟通与交流，欢迎广大投资者踊跃参与！ 特此公告！ 利华益维远化学股份有限公司 二〇二五年五月十二日 利华益维远化学股份有限公司 关于参加 2025 年山东辖区上市公司投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 ...

证券代码：600955 证券简称：维远股份 公告编号：2025-013 （一）会议召开时间：2025 年 05 月 15 日（星期四）16:00-17:00 （二）会议召开地点：上海证券交易所上证路演中心 利华益维远化学股份有限公司 2024 年度 暨 2025 年第一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 4 月 17 日发布公司 2024 年年度报告，并于 2025 年 4 月 26 日发布公司 2025 年 第一季度报告，为便于广大投资者更全面深入地了解公司 2024 年度及 2025 年第一季度经营成果、财务状况，公司计划于 2025 年 05 月 15 日（星期四） 16:00-17:00 举行 2024 年度暨 2025 年第一季度业绩说明会，就投资者关 心的问题进行交流。 会议召开时间：2025 年 05 月 15 日（星期四）16:00-17:00 会议召开地点：上海证券交易所上证路演中心（网 ...

18th Floor, East Tower, World Financial Center 1 Dongsanhuan Zhonglu, Chaoyang District Beijing 100020, P. R. China T +86 10 5878 5588 F +86 10 5878 5566 www.kwm.com 北京市金杜律师事务所 关于利华益维远化学股份有限公司 2024年年度股东大会 会杜律师事务所 KING&WODD MAI I FSONS 北京市朝阳区东三环中路1号 环球金融中心办公楼东楼18层 邮编100020 之 法律意见书 致:利华益维远化学股份有限公司 北京市金杜律师事务所(以下简称本所)受利华益维远化学股份有限公司(以下 简称公司）委托,根据《中华人民共和国证券法》（以下简称《证券法》）、《中华 人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委员会《上市公司 股东会规则（2025 修订）》（以下简称《股东会规则》）等中华人民共和国境内（以 下简称中国境内,为本法律意见书之目的,不包括中国香港特别行政区、中国澳门特 别行政区和中国台湾地区）现行有效的法律、行政法规 ...

证券代码：600955 证券简称：维远股份 公告编号：2025-012 利华益维远化学股份有限公司 2024年年度股东大会决议公告 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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 5 月 7 日 (二)股东大会召开的地点：山东省东营市利津县经济开发区利十一路 118 号维远股份办 公楼五楼会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 320 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 360,176,590 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股份总数的比 | | | 例（%） | 65.9147 | 1、公司在任董事7人，出席5人，独立董事李润生先生因健康原因未出席本次会议，独 立董事刘兴华先生因公务原因未出席本次会议； 二、 议案审议情况 (一)非累积投票议案 1、议案名称：关于 ...

证券代码：600955 证券简称：维远股份 公告编号：2025-011 利华益维远化学股份有限公司 2025年第一季度主要经营数据公告 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。 根据上海证券交易所《上市公司自律监管指引第 3 号行业信息披露： 第十三号——化工》的相关要求，利华益维远化学股份有限公司（以下简 称"公司"）现将 2025 年第一季度主要经营数据披露如下： 二、主要产品及原材料的价格变动情况 （一）主要产品的价格变动情况（不含税） 1 主要产品 2025 年 1-3 月产量 （吨） 2025 年 1-3 月外销量 （吨） 2025 年 1-3 月销售金额 （万元） 酚酮相关产品 295,115.39 181,116.76 116,187.96 新能源新材料 相关产品 120,158.27 64,175.80 47,841.64 专用化学品 350,201.85 173,961.18 62,721.11 工业气体 304,365.73 187,845.17 8,593.03 一、主要产品的产量、销量及收入实现 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 2,405,777,162.59, representing a 12.43% increase compared to CNY 2,139,809,057.80 in the same period last year[3] - The net profit attributable to shareholders was a loss of CNY 162,606,469.83, a decrease of 951.83% from a profit of CNY 19,089,087.54 in the previous year[3] - Basic and diluted earnings per share were both CNY -0.30, a decline of 1,100.00% from CNY 0.03 in the previous year[3] - Total operating revenue for Q1 2025 reached CNY 2,405,777,162.59, an increase of 12.4% compared to CNY 2,139,809,057.80 in Q1 2024[17] - Net profit for Q1 2025 was a loss of CNY 162,606,469.83, compared to a profit of CNY 19,089,087.54 in Q1 2024, indicating a substantial decline in profitability[18] - The company reported a gross profit margin decline due to rising costs, impacting overall profitability[18] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 79.50%, amounting to CNY 96,226,283.08 compared to CNY 469,478,693.76 in the same period last year[3] - Operating cash flow for Q1 2025 was CNY 96,226,283.08, a decrease from CNY 469,478,693.76 in Q1 2024, highlighting cash flow challenges[20] - Investment activities generated a net cash flow of -359,980,633.93, compared to -668,520,563.11 in the previous period[21] - Cash inflow from financing activities totaled 278,827,533.36, while cash outflow was 434,897,331.07, resulting in a net cash flow of -156,069,797.71[21] - The ending balance of cash and cash equivalents decreased to 214,490,544.33 from 839,956,970.49[21] - Cash outflow for the acquisition of fixed assets, intangible assets, and other long-term assets was 311,960,827.35, down from 701,612,292.58[21] - Cash received from borrowings was 457,360,470.00, indicating a significant financing activity[21] - The cash flow from investment activities was significantly negative, indicating a focus on long-term asset acquisition[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,900,534,935.77, down 3.43% from CNY 13,358,293,225.03 at the end of the previous year[4] - The company's current assets decreased to CNY 1,360,735,674.18 from CNY 1,724,749,746.32, reflecting a decline of approximately 21.1%[13] - The total liabilities decreased to CNY 4,461,863,695.35 from CNY 4,760,319,087.15, indicating a reduction of about 6.3%[14] - The company's short-term borrowings increased to CNY 390,000,000.00 from CNY 310,000,000.00, representing a rise of approximately 25.8%[14] - The inventory level decreased to CNY 491,332,909.64 from CNY 589,466,613.45, a decline of about 16.6%[13] - The accounts payable decreased to CNY 1,096,150,444.49 from CNY 1,301,365,050.96, reflecting a decline of about 15.7%[14] - The long-term borrowings decreased to CNY 2,343,707,087.28 from CNY 2,583,947,730.00, indicating a reduction of approximately 9.3%[14] - The company's total equity remained stable at CNY 4,391,615,206.84, unchanged from the previous period[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 37,114[9] - The top shareholder, Weiyuan Holdings Co., Ltd., held 19.77% of the shares, totaling 108,737,000 shares[9] - The total assets and equity attributable to shareholders were CNY 8,438,671,240.42 as of the end of Q1 2025, down from CNY 8,597,974,137.88 in the previous year[16] Expenses and Investments - Total operating costs for Q1 2025 were CNY 2,581,253,006.20, up from CNY 2,138,952,813.79 in Q1 2024, reflecting a significant increase in costs[17] - Research and development expenses for Q1 2025 amounted to CNY 9,119,262.57, slightly higher than CNY 8,833,441.80 in Q1 2024, indicating continued investment in innovation[17] - The company experienced a significant increase in financial expenses, with interest expenses rising to CNY 15,444,475.32 in Q1 2025 compared to CNY 855,908.01 in Q1 2024[17] Future Outlook - The decline in net profit was primarily due to a significant drop in product prices exceeding the decrease in raw material prices, along with high costs from new project trials and increased maintenance costs[7] - The company plans to focus on market expansion and new product development to improve future performance[19] - The company is set to implement new accounting standards starting in 2025, which may impact future financial reporting[21]

Core Insights - The company reported a revenue of 2.406 billion yuan for the first quarter of 2025, representing a year-on-year growth of 12.43% [1] - The company experienced a net loss of 163 million yuan, contrasting with a net profit of 19.0891 million yuan in the same period last year [1]