Group 1 - The core viewpoint emphasizes the commitment of China Chemical Engineering to enhance the quality of listed companies and strengthen market value management, focusing on "investor-centric" principles and "value creation" as the foundation for its market value management framework [1] - The company has established a comprehensive value management strategy, including the formulation of a "Value Management Measures" and a "Valuation Enhancement Plan," integrating value management into its strategic management [1] - China Chemical Engineering has implemented a valuation monitoring and early warning mechanism, along with emergency response plans, to systematically enhance its investment value through various measures such as improving development quality and optimizing capital operations [1] Group 2 - Over the past decade, China Chemical Engineering Group and its concerted parties have cumulatively increased their holdings in China Chemical shares by 200 million shares, amounting to approximately 1.071 billion yuan [2] - The company has committed to a shareholder return plan, promising a total cash dividend of no less than 30% of the average distributable profit over three years, with cumulative cash dividends exceeding 10 billion yuan since its listing [2] - In August 2025, the company proposed its first mid-term dividend plan, aiming for a dividend amount exceeding 600 million yuan, thereby enhancing the sense of gain for investors, especially small and medium shareholders [2]

Core Insights - China Chemical reported a Q3 revenue of 45.424 billion yuan, representing a year-on-year increase of 4.32% [1] - The net profit for Q3 was 1.131 billion yuan, showing a year-on-year growth of 13.21% [1] - For the first three quarters, the total revenue reached 135.845 billion yuan, with a year-on-year growth of 1.26% [1] - The net profit for the first three quarters was 4.232 billion yuan, reflecting a year-on-year increase of 10.28% [1]

中国化学工程股份有限公司 2025 年第三季度报告 证券代码：601117 证券简称：中国化学 中国化学工程股份有限公司 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。 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。 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 | | 年初至报告 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 比上年同 | 年初至报告期末 | 期末比上年 | | | | 期增减变 | | 同期增减变 | | | | 动幅度(%) | | 动幅度(%) | | 营业收入 | 45,423,910,371.27 | 4.32 | 135,84 ...

Core Insights - The company reported a revenue of 45.424 billion yuan for Q3 2025, representing a year-on-year growth of 4.32% [1] - The net profit for Q3 2025 was 1.131 billion yuan, showing a year-on-year increase of 13.21% [1] - For the first three quarters of 2025, the total revenue reached 135.845 billion yuan, with a year-on-year growth of 1.26% [1] - The net profit for the first three quarters was 4.232 billion yuan, reflecting a year-on-year increase of 10.28% [1]

中国化学公告，第三季度营收为454.24亿元，同比增长4.32%；净利润为11.31亿元，同比增长13.21%。 前三季度营收为1358.45亿元，同比增长1.26%；净利润为42.32亿元，同比增长10.28%。 ...

Core Insights - The Guangxi Hengyi project has reached a significant milestone with the successful feeding of materials into the caprolactam section, marking the transition to trial production [1] - The project is a key initiative in the Guangxi Zhuang Autonomous Region aimed at establishing a leading green chemical new materials industry [1][2] - The project team has demonstrated resilience and efficiency in completing critical tasks, including the installation of 33,600 tons of steel structures and the welding of over 2.47 million meters of pipelines [1][3] Project Overview - The Guangxi Hengyi project is part of the Guangxi-Brunei Economic Corridor, focusing on the integrated construction of refining and chemical fiber bases [2] - The project utilizes benzene as a raw material to produce high-value-added chemical new materials, specifically polyamide [2] Construction Challenges - The coal-to-hydrogen ammonia synthesis unit features a washing tower weighing 643 tons and standing 86.2 meters tall, presenting significant installation challenges [2] - The project team completed the installation of large equipment over four months, utilizing various heavy lifting machinery [2] Quality Control Measures - The project emphasizes quality management through a comprehensive system that includes regular inspections and a "weld joint ID" management system for traceability [4][5] - A quarterly quality incentive system is in place to recognize and reward outstanding teams and individuals, enhancing overall quality awareness among construction personnel [4] Innovation and Efficiency - The project has implemented an efficient construction model that includes real-time data updates and collaborative operations to address complex welding tasks [3] - Innovations in construction techniques, such as the development of low-temperature double-layer liquid ammonia storage tank welding processes, have improved construction efficiency and quality [7] Role of Party Leadership - The project benefits from strong party leadership, which has fostered a collaborative management model and empowered team members to tackle challenges effectively [7] - Party members are actively involved in identifying construction difficulties and taking responsibility for key tasks, contributing to the project's high-quality development [7]

证券代码：601117 证券简称：中国化学 公告编号：2025-055 中国化学工程股份有限公司 2025 年第三季度业绩说明会预告公告 一、说明会类型 中国化学工程股份有限公司（以下简称"公司"）将于 2025 年 10 月 30 日在上海证券交易所网站（www.sse.com.cn）披露《中 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 会议问题征集：投资者可于 2025 年 11 月 3 日前访问网址 https://eseb.cn/1sIcgPJbBT2 或使用微信扫描下方小程序码 进行会前提问，公司将通过本次业绩说明会，在信息披露 允许范围内就投资者普遍关注的问题进行回答。 国化学 2025 年第三季度报告》。为便于广大投资者更加全面深入 地了解公司经营业绩、发展战略等情况，公司定于 2025 年 11 月 3 日（星期一）14:30-15:30 在"价值在线"（www.ir-online.cn） 举办中国化学工程股份有限公司 2025 年第三季度业绩说明会， 与投资者进行沟通和交流，广泛听取投资者的意见和建议。 二、说明会召开的时间、地点和方式 会议召开时 ...

Core Insights - The project by China Chemical Engineering Third Construction Co., Ltd. marks the construction of the world's first 10,000-ton FDCA production line, indicating a significant advancement in biobased materials [1] Investment and Financials - The total planned investment for the project is approximately 1 billion yuan, with the first phase investment being 400 million yuan [1] - Upon reaching full production, the annual output of FDCA is expected to be 15,000 tons, generating an estimated annual revenue exceeding 1 billion yuan [1] Project Details - The project will cover an area of 85 acres and is scheduled to commence production by the end of 2025 [1] - The production process will utilize a fully continuous chemical process, employing glucose and non-food biomass as raw materials, showcasing innovation in catalyst systems and reaction equipment [1]

Core Viewpoint - The report highlights the growth trends in China's chemical pesticide raw material production, indicating a positive outlook for the industry from 2025 to 2031, with specific data on production volumes and growth rates [1]. Industry Summary - In August 2025, China's chemical pesticide raw material production reached 304,000 tons, marking a year-on-year increase of 3.8% [1]. - From January to August 2025, the cumulative production of chemical pesticide raw materials was 2.782 million tons, reflecting a cumulative growth of 7.2% [1]. - The report provides a comprehensive analysis of the pesticide industry, including market research and strategic insights for the period from 2025 to 2031 [1]. Company Summary - Listed companies in the pesticide sector include Yangnong Chemical (600486), Adama Agricultural Solutions A (000553), Xianda Co., Ltd. (603086), ST Hongtai (000525), Noposion (002215), Lier Chemical (002258), Runfeng Co., Ltd. (301035), and Xin'an Chemical (600596) [1].

Core Insights - The Indonesian sulfuric acid project, constructed by China Chemical's Second Construction Company, has made significant progress with the successful first-time filling of liquid caustic soda in the liquid caustic soda storage tank, marking the transition from construction to commissioning and production stages [1][2] Group 1: Project Development - The liquid caustic soda storage tank, a core component of the facility, was designed and manufactured by China Chemical's Second Construction Company, showcasing a complete industrial chain from domestic precision manufacturing to overseas installation [1] - The project team overcame challenges such as cross-border logistics and environmental differences, effectively implementing a "domestic production + overseas installation" model [1] Group 2: Management and Execution - The project faced adverse weather conditions in Indonesia, including high temperatures and frequent heavy rainfall, yet the team maintained strict management practices, ensuring standardized processes and accountability at every stage [1] - The team demonstrated strong problem-solving capabilities and professional skills in a complex environment, ensuring safety and quality while steadily advancing project tasks [1] Group 3: Future Outlook - The successful storage of liquid caustic soda lays a solid foundation for subsequent water adjustment and system commissioning, earning high recognition from the project owner [2] - The project team aims to maintain a rigorous and efficient work ethic, striving for high standards to ensure the overall successful production of the project, contributing to the company's high-quality development [2]