（记者 曾健辉） 每经AI快讯，宝丰能源1月15日晚间发布业绩预告，公司预计2025年度实现归属于上市公司股东的净利 润110亿元至120亿元，同比增加约46.62亿元到约56.62亿元，同比增长73.57%~89.34%。业绩变动主要 原因是，报告期内，公司内蒙古烯烃项目投产，烯烃产品产销量同比显著增加。 每经头条（nbdtoutiao）——不到20万元，就能买特斯拉了？"廉价版"Model 3或进入中国市场，续航里 程480公里！关于自动驾驶，美国市场也有大调整 ...

证券代码：600989 证券简称：宝丰能源 公告编号：2026-004 宁夏宝丰能源集团股份有限公司 2025 年年度业绩预增公告 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： 1.宁夏宝丰能源集团股份有限公司（以下简称"公司"）预计 2025 年度实 现归属于上市公司股东的净利润 1,100,000 万元至 1,200,000 万元，同比增长 73.57%到 89.34%。 2.公司预计 2025 年度实现归属于上市公司股东的扣除非经常性损益的净利 润 1,120,000 万元至 1,220,000 万元，同比增长 65.19%到 79.94%。 一、本期业绩预告情况 （二）业绩预告情况 1.经财务部门初步测算，公司预计 2025 年度实现归属于上市公司股东的净 利润 1,100,000 万元至 1,200,000 万元，同比增加 466,232 万元到 566,232 万元， 同比增长 73.57%到 89.34%。 2.经财务部门初步测算，公司预计 2025 年度实现归属于上市公司股东的扣 除非经常性损 ...

每经AI快讯，1月15日，宝丰能源(600989.SH)发布2025年度业绩预告，预计归属于上市公司股东的净利 润为110.00亿元~120.00亿元，同比增长73.57%~89.34%。报告期内，公司内蒙古烯烃项目投产，烯烃产 品产销量同比显著增加。 ...

宝丰能源公告，预计2025年度实现归属于上市公司股东的净利润110亿元至120亿元，同比增长73.57% 到89.34%；预计2025年度实现归属于上市公司股东的扣除非经常性损益的净利润112亿元至122亿元， 同比增长65.19%到79.94%。报告期内，公司内蒙古烯烃项目投产，烯烃产品产销量同比显著增加。 ...

21智讯1月15日电，宝丰能源公告，预计2025年全年归属于上市公司股东的净利润为110.00亿元—120.00 亿元，同比预增73.57%—89.34%；预计2025年全年归属于上市公司股东的扣除非经常性损益的净利润 为112.00亿元—122.00亿元，同比预增65.19%—79.94%；主要变动原因为：报告期内，公司内蒙古烯烃 项目投产，烯烃产品产销量同比显著增加。 ...

Group 1 - The chemical materials and fine chemicals sectors experienced a strong rally, with the CSI sub-index for the chemical industry rising by 2.11% as of 10:36 AM on January 15, 2026, with notable stock performances including Hongda Co. up 8.95%, Guangdong Hongda up 6.06%, and Yuntianhua up 4.64% [1] - Since 2021, high prices of chemical products have led to increased capital expenditures by petrochemical and chemical companies, initiating a new round of capacity expansion. However, from 2022 onwards, as new capacities were released and oil prices fell from their peaks, many chemical product prices have continued to decline, resulting in decreased profitability for some companies [1] - Starting in 2024, most chemical product prices are stabilizing at the bottom, and while corporate profitability remains under pressure, the introduction of growth stabilization plans is expected to lead to the elimination of some outdated capacities, improving the overall supply-demand dynamics in the industry and enhancing product profitability [1] Group 2 - Guohai Securities suggests that the anti-involution policy may lead to a re-evaluation of the Chinese chemical industry, with a significant slowdown in global capacity expansion expected. The Chinese chemical industry has ample net cash flow from operating activities, and the slowdown in capacity expansion is likely to enhance potential dividend yields, shifting the industry from a capital-consuming model to a profit-returning one [1] - The optimization of the supply side is anticipated to drive a recovery in industry sentiment, with chemical stocks exhibiting high elasticity and dividend advantages [1] - As of December 31, 2025, the top ten weighted stocks in the CSI sub-index for the chemical industry accounted for 45.31% of the index, including companies like Wanhua Chemical and Yanhua Co. [2]

Core Viewpoint - Baofeng Energy's stock has shown significant growth in recent months, with a notable increase in revenue and net profit year-on-year, indicating strong financial performance and investor interest [1][2]. Group 1: Stock Performance - On January 15, Baofeng Energy's stock rose by 2.03%, reaching 21.16 CNY per share, with a trading volume of 633 million CNY and a turnover rate of 0.41%, resulting in a total market capitalization of 155.17 billion CNY [1]. - Year-to-date, Baofeng Energy's stock price has increased by 7.79%, with a 4.55% rise over the last five trading days, 20.23% over the last 20 days, and 25.95% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Baofeng Energy reported a revenue of 35.545 billion CNY, representing a year-on-year growth of 46.43%, and a net profit attributable to shareholders of 8.950 billion CNY, which is a 97.27% increase compared to the previous year [2]. - Since its A-share listing, Baofeng Energy has distributed a total of 17.348 billion CNY in dividends, with 8.121 billion CNY distributed over the last three years [3]. Group 3: Shareholder Information - As of September 30, 2025, Baofeng Energy had 65,400 shareholders, an increase of 3.70% from the previous period, with an average of 112,206 circulating shares per shareholder, a decrease of 3.57% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 177 million shares, a decrease of 25.6241 million shares from the previous period, while Huatai-PB CSI 300 ETF and Chemical ETF are also among the top shareholders [3].

Investment Highlights - The article highlights the increasing trend of industry consolidation driven by recent mergers and acquisitions among leading companies, indicating a clear upward trajectory in industry concentration [2] - The chemical industry is expected to experience a recovery in 2026, supported by improving supply-demand dynamics, macroeconomic stability during the 14th Five-Year Plan, and the impact of new technologies such as AI and robotics on demand for new materials [39][40] 2025 Chemical Industry Review and 2026 Outlook 1.1 2025 Industry Review: Clear Differentiation - As of December 12, 2025, the basic chemical industry outperformed the market with a 32.16% increase in the CITIC Basic Chemical Index, compared to a 6.59% increase in the CITIC Oil and Petrochemical Index [3][6] 1.2 2025 Industry Review: Sub-industry Differentiation - Among 39 sub-industries, 38 saw increases, with potassium fertilizer leading at +85.87% and refining lagging at -8.99% [6] 1.3 Energy Chemical Products Review and 2026 Outlook - Oil prices have significantly decreased, with WTI and Brent averaging $65.05 and $68.36 per barrel respectively in 2025, down from $76.10 and $80.11 in 2024 [8] 1.4 Supply-Demand Dynamics Improvement: Capacity Expansion Slowing - Fixed asset investment in the chemical industry decreased by 7.9% year-on-year from January to October 2025, indicating a slowdown in capacity expansion [13] 1.5 Supply-Demand Dynamics Improvement: Demand Side Stabilization Expected - The basic chemical industry achieved revenue of 676.5 billion yuan in Q3 2025, reflecting a 5.32% year-on-year increase [18] 1.6 Supply-Demand Dynamics Improvement: Capital Expenditure and Construction Projects - Capital expenditure in the basic chemical industry fell by 1.17% year-on-year in Q3 2025, indicating a trend of reduced investment [22] 1.7 Revenue and Profit Situation: Revenue Growth of 2.87% in 2025 - The basic chemical industry saw a revenue increase of 2.87% in the first three quarters of 2025, with 14 out of 33 sub-industries reporting growth [25] 1.8 Revenue and Profit Situation: Profit Growth of 5.61% in 2025 - The industry recorded a profit increase of 5.61% in the first three quarters of 2025, with notable growth in sectors like pesticides and membrane materials [27] 1.9 Capital Expenditure and Construction Projects: Capacity Expansion Slowing - Capital expenditure in the basic chemical sector decreased by 9.07% year-on-year in the first three quarters of 2025, indicating a slowdown in capacity expansion [29] 1.10 Oil and Petrochemical Industry Revenue and Construction Projects - The oil and petrochemical industry reported a revenue of 19,037 billion yuan in Q3 2025, a decline of 4.67% year-on-year [33] 1.11 Strategic Emerging Industries Development Direction - The focus for 2026 will be on quality improvement in the chemical industry, with an emphasis on new materials and technologies [37] Chemical Cycle Products: "Anti-Internal Competition" Catalyzing Cycle Recovery 2.1 Petrochemical Refining: Oil Price Stabilization - Oil prices are expected to stabilize around $60 per barrel, benefiting refining margins and improving profitability for domestic refineries [42][45] 2.2 Pesticides: Industry Outlook Improving - The pesticide industry is expected to see gradual improvement in market conditions as raw material prices stabilize [48][50] 2.3 Potash: Resource Endowment Supporting Industry Stability - The potash industry is characterized by a concentrated global supply chain, ensuring food security [52][56] 2.4 Phosphate: Favorable for Integrated Resource Companies - The phosphate industry is expected to benefit from stable demand in agriculture and the growth of new energy sectors [59][62] 2.5 Civil Explosives: Steady Growth Supported by Demand - The civil explosives industry is projected to grow steadily due to stable demand from infrastructure projects [64][66] 2.6 Fluorochemicals: Growth Potential in High-Value Applications - The fluorochemical industry is expected to benefit from increasing demand for high-value applications in various sectors [71][74] 2.7 Soda Ash: Tight Supply-Demand Balance - The soda ash industry is expected to maintain a tight supply-demand balance, with limited new capacity expected [81][83] 2.8 Titanium Dioxide: Industry Recovery Anticipated - The titanium dioxide industry is expected to recover as supply constraints and environmental regulations drive consolidation [86][89] Chemical New Materials: "New Economy" Driving Growth 3.1 Electronic Chemicals: Accelerating Domestic Substitution - The semiconductor materials market is projected to grow, with domestic companies making strides in replacing imported products [91][93]

Group 1 - The chemical raw materials sector increased by 2.58% on January 14, with Junzheng Group leading the gains [1] - The Shanghai Composite Index closed at 4126.09, down 0.31%, while the Shenzhen Component Index closed at 14248.6, up 0.56% [1] - Junzheng Group's stock price rose by 10.10% to 5.67, with a trading volume of 5.943 million shares [1] Group 2 - The main funds in the chemical raw materials sector saw a net inflow of 750 million yuan, while retail investors experienced a net outflow of 576 million yuan [2] - The trading data indicates that Junzheng Group had a net inflow of 825 million yuan from main funds, representing 24.89% of its trading volume [3] - Red Star Development also attracted significant main fund inflow of 93.98 million yuan, accounting for 6.96% of its trading volume [3]

Group 1 - The core viewpoint of the article highlights a strong performance in the market, particularly in the petrochemical sector, with the CSI Petrochemical Industry Index rising over 1% and leading stocks such as Tongkun Co., Ltd., New Fengming, and Baofeng Energy driving gains [1] - The petrochemical ETF (159731) has seen a significant net inflow of funds totaling 94.6642 million yuan over the past five days, indicating strong buying interest [1] - According to CITIC Securities' research report, market sentiment suggests that the year-end rally is likely to continue, although there is an increased risk of short-term technical corrections [1] Group 2 - The petrochemical ETF and its linked funds closely track the CSI Petrochemical Industry Index, with the basic chemical industry accounting for 59.2% and the oil and petrochemical industry for 32.6% of the index [1] - Resource stocks make up 92.48% of the ETF's composition, positioning them to benefit significantly from the rising prices of resources [1] - The current market phase is characterized by a verification of economic conditions, with previously lagging sectors showing signs of recovery, which is expected to be a key direction for the ongoing year-end rally [1]