Core Viewpoint - The article discusses the current state and future prospects of China's chemical new materials industry, highlighting the continuous expansion of production capacity, technological innovations, and the emergence of specialized chemical parks, while also addressing structural challenges and the need for high-quality development. Group 1: Industry Overview - In 2023, China's chemical new materials capacity reached approximately 49 million tons per year, with an output exceeding 36 million tons and a production value of over 1.37 trillion yuan, remaining stable compared to 2022, although lithium battery materials saw a decline from 540 billion yuan to 480 billion yuan [5][20]. - The chemical industry is experiencing a transition from high-speed growth to high-quality development, with total revenue of 15.95 trillion yuan in 2023, a decrease of 1.1% year-on-year, and total profits of 873.4 billion yuan, down 20.7% [20][21]. Group 2: Technological Innovations - Since the 13th Five-Year Plan, the chemical new materials sector has seen significant technological advancements, with breakthroughs in key technologies such as photovoltaic-grade EVA, optical-grade PMMA, and high-strength carbon fibers [7][8]. - A number of critical products have broken foreign monopolies and achieved industrialization, including HDI, PC, PPS, and electronic-grade chemicals [8][10]. Group 3: Key Players and Market Dynamics - Major companies in the sector include Sinopec, PetroChina, and China National Chemical Corporation, focusing on high-end polyolefins, synthetic rubber, and carbon fibers [11]. - Private enterprises are also making strides in specialized fields such as EVA, fluorinated chemicals, and nylon, contributing to the development of China's new materials industry [11]. Group 4: Specialized Chemical Parks - Several specialized chemical parks have emerged, such as the Shanghai Chemical Park and Ningbo Petrochemical Economic Development Zone, which are becoming core drivers for the development of new materials [11][12]. Group 5: Investment Trends and Policy Guidance - Under the guidance of industrial policies, there is a high investment enthusiasm in the chemical new materials sector, focusing on high-end polyolefins, engineering plastics, and functional films [17][23]. - The industry is urged to prioritize the import of high-potential products to address supply shortages and enhance domestic production capabilities [23][24]. Group 6: Challenges and Future Directions - The industry faces structural contradictions, including insufficient high-end supply and bottlenecks in key raw materials and technologies [18][20]. - The focus is shifting towards high-quality development, with an emphasis on enhancing product quality and meeting the growing domestic demand for high-performance materials [21][22].

证券代码：601117 股票简称：中国化学 公告编号：临 2025-030 中国化学工程股份有限公司 董事会原审计与风险管理委员会（监督委员会）改为审计与 风险委员会，由兰如达董事、李胜利董事、李健董事 3 人组成， 1 第五届董事会第二十七次会议决议公告 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： 一、董事会会议召开情况 中国化学工程股份有限公司（以下简称"公司"）第五届董 事会第二十七次会议通知于 2025 年 6 月 20 日发出，会议于 2025 年 6 月 27 日以现场会议方式召开。本次会议应出席董事 6 人， 实际出席董事 6 人。会议由董事长莫鼎革先生主持。本次会议的 召开符合有关法律、行政法规、规范性文件和《公司章程》《董 事会议事规则》的相关规定。 二、董事会会议审议情况 审议通过《关于调整公司董事会专门委员会名称及其组成人 员的议案》 同意调整公司董事会专门委员会名称及其组成人员： 二〇二五年七月一日 2 公司全体董事均出席本次董事会。 本次董事会所有议案均获通过。 召集人是兰如达董 ...

Summary of China Chemical's Conference Call Company Overview - **Company**: China Chemical - **Industry**: Chemical Engineering Key Points Contract and Revenue Goals - The company aims to sign new contracts worth **370 billion** yuan in 2025, with a revenue target of **196 billion** yuan and a profit target of **7.5 billion** or **7.6 billion** yuan, all showing growth compared to the previous year [2][3][4] Current Performance and Market Outlook - As of May 2025, the new contract amount reached **150.8 billion** yuan, a nearly **10%** decrease year-on-year, falling short of the **185 billion** yuan target for the first half of the year [3][4] - The company expects a rebound in the second half, driven by the release of contracts related to the Xinjiang coal chemical project and growth in overseas orders [2][3] Xinjiang Coal Chemical Project - The Xinjiang coal chemical project is projected to have a contract value of approximately **40 billion** yuan in 2025, significantly higher than the **22 billion** yuan in 2024 [2][19] - The overall investment in Xinjiang's coal chemical sector is expected to reach around **500 billion** yuan over the next **5-6 years** [19] Production and Technology Updates - The Jiuri New Materials project has upgraded to a second-generation catalyst, achieving a load of **80%-85%** as of mid-June 2025, with plans to reach full production in Q2 [2][5][6] - The company has no immediate plans for third or fourth-generation technology upgrades for adiponitrile but is exploring better processes [8] Product Focus and Market Strategy - The company is actively promoting the domestic substitution of nylon 66 and strengthening partnerships with leading industry clients such as Shenyang Chemical and Wanhua Chemical [10][12] - Current product offerings include adiponitrile, hexamethylenediamine, and nylon 66, with a focus on maintaining competitive pricing strategies [11][15] Overseas Market Expansion - The company is deepening its presence in the "Belt and Road" markets, particularly in South Asia and ASEAN, with an expected overseas market expansion scale of **140 billion** yuan in 2025, up from over **120 billion** yuan last year [2][4][16] - Key target regions include Indonesia, Vietnam, Malaysia, and the Middle East, with a focus on oil and gas and chemical market collaborations [17][18] Strategic Initiatives - The company has adopted a "135" strategy aimed at high-quality development through technological innovation and internal management improvements [3][25] - There are no current plans for a second phase of the equity incentive program due to regulatory constraints and high performance expectations [24] Financial Management and Future Outlook - The company is facing increased pressure on cash flow and project returns but is implementing measures to enhance contract selection and collection efforts [25][26] - Future dividend policies are under consideration, with potential improvements suggested based on recent trends among state-owned enterprises [26] Conclusion - China Chemical is navigating a challenging market environment with strategic initiatives aimed at growth in both domestic and international markets, while focusing on technological advancements and operational efficiency to meet its ambitious targets for 2025 [2][3][4][25]

邓兆敬任中国化学工程集团有限公司党委副书记、董事，提名为中国化学工程集团有限公司总经理人选。 胡富申任中国化学工程集团有限公司党委副书记。 中国机械科学研究总院集团有限公司 免去李晓东的中国机械科学研究总院集团有限公司纪委书记职务，退休。 中国冶金地质总局 国资委网站截图 中国化学工程集团有限公司 免去丁传锡的中国冶金地质总局副局长职务，退休。 中国建筑科学研究院有限公司 聘任李跃平、魏锁为中国建筑科学研究院有限公司外部董事。 新兴际华集团有限公司 聘任庄小雄、彭碧宏、雷平为新兴际华集团有限公司外部董事，吴孟飞不再担任新兴际华集团有限公司外部董 事职务。 南光（集团）有限公司〔中国南光集团有限公司〕 聘任钟华、姜岩（女）、马绍祥为南光（集团）有限公司〔中国南光集团有限公司〕外部董事，张宗真不再担 任南光（集团）有限公司〔中国南光集团有限公司〕外部董事职务。 来源：国务院国有资产监督管理委员会网站 责编：汪云鹏 校对： 苏焕文 百万用户都在看 深圳，突发重磅！这个板块，集体飙升！"辐射效应"也在酝酿？ 全线爆发，美国突传大消息！ 刚刚！全线拉升！ 重大变数！半导体，突发！ 中央明确公职人员违规吃喝认定标准 违法 ...

北京海润天睿律师事务所 关于中国化学工程股份有限公司 2024 年年度股东会的法律意见书 中国·北京 北京市朝阳区建外大街甲 14 号广播大厦 5 层&9 层&10 层&13 层&17 层 电话（Tel）：86-10-65219696 传真（Fax）：86-10-88381869 第 1 页 共 11 页 北京海润天睿律师事务所 关于中国化学工程股份有限公司 2024 年年度股东会的 法律意见书 2．本所律师无法对网络投票过程进行见证，参与本次会议网络投票的股东 资格、网络投票结果均由相应的证券交易所交易系统和互联网投票系统予以认证； 3．本所及经办律师依据《证券法》《律师事务所从事证券法律业务管理办 法》和《律师事务所证券法律业务执业规则（试行）》等规定及本法律意见书出 具日以前已经发生或者存在的事实，严格履行了法定职责，遵循了勤勉尽责和诚 实信用原则，进行了充分的核查验证，保证本法律意见所认定的事实真实、准确、 完整，所发表的结论性意见合法、准确，不存在虚假记载、误导性陈述或者重大 遗漏，并承担相应法律责任。 4．本法律意见书仅供公司本次会议之目的使用，不得用作任何其他用途。 本所律师同意将本法律意见书随 ...

中国化学工程股份有限公司 2024年年度股东会决议公告 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。 证券代码：601117 证券简称：中国化学 公告编号：2025-029 3、 董事会秘书朱今风先生出席会议；部分高管列席本次会议。 (五) 公司董事和董事会秘书的出席情况 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) 股东会召开的时间：2025 年 6 月 26 日 (二) 股东会召开的地点：中国化学大厦 (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、 公司在任董事5人，出席4人，职工董事李胜利先生因公未能 列席本次会议； | 1、出席会议的股东和代理人人数 | 713 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 3,329,513,731 | | 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（%） | 54.5042 | 2、 公司在任监事 3 人，出席 3 人； (四) 表决方式是 ...

Group 1 - The Shanghai Composite Index opened lower and the CSI 300 Construction Engineering Index reported 3545.51 points, with a 2.45% increase over the past month, a 0.96% increase over the past three months, and a 5.80% decrease year-to-date [1] - The CSI 300 Index is categorized into 11 primary industries, 35 secondary industries, over 90 tertiary industries, and more than 200 quaternary industries, providing a comprehensive analysis tool for investors [1] Group 2 - The CSI 300 Construction Engineering Index is fully composed of stocks from the Shanghai Stock Exchange, with 56.84% in infrastructure construction, 35.92% in housing construction, and 7.24% in specialized engineering [2] - The index samples are adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December, ensuring that weight factors are updated accordingly [2] - Temporary adjustments to the index samples occur when the CSI 300 Index undergoes changes, and special events affecting a sample company's industry classification will also prompt corresponding adjustments [2]

Core Viewpoint - The company is preparing for its 2025 annual general meeting, where it will discuss various financial reports, budget proposals, and other significant corporate actions, including profit distribution and investment plans [2][3]. Group 1: Financial Reports and Budgets - The company reported a revenue of 185.84 billion yuan for 2024, an increase of 4.20% year-on-year, with a net profit of approximately 5.69 billion yuan [4][9]. - The 2025 revenue budget is set at 195 billion yuan, reflecting a growth of 4.49% compared to the 2024 completion value [8]. - The company plans to distribute a cash dividend of 1.86 yuan per 10 shares, which represents 32.83% of the net profit for 2024 [9][10]. Group 2: Financial Guarantees and Investments - The company intends to provide financial guarantees totaling 16.1 billion yuan to its subsidiaries for business development needs [11]. - The total investment plan for 2025 is set at 9.889 billion yuan, with 7.121 billion yuan allocated for fixed asset investments and 2.768 billion yuan for equity investments [21][22]. Group 3: Corporate Governance and Reports - The board of directors has emphasized the importance of governance and has made efforts to enhance the company's operational efficiency and risk management [26][32]. - The supervisory board has confirmed that the company's financial operations are sound and compliant with regulations, with no significant issues reported during the year [39][40].

中国化学工程股份有限公司 2024年年度股东会 会议资料 二○二五年六月 中国化学工程股份有限公司 2024 年年度股东会会议议程 一、会议议程 时间：2025 年 6 月 26 日（星期四）14:30 地点：北京市东城区东直门内大街 2 号 中国化学大厦 | 时 间 | 议 程 | | --- | --- | | 14:00-14:20 | 股东登记，会议签到 | | 14:30-16:00 | 一、宣布会议开始，介绍参会人员情况 | | | 二、汇报、审议议案 | | | 三、推选监票人 | | | 四、投票表决 | | | 五、计票、监票 | | | 六、宣布表决结果 | | | 七、律师发表法律意见 | | | 八、签署会议文件，宣布会议结束 | 二、网络投票 网络投票系统：上海证券交易所股东大会网络投票系统。 网络投票起止时间：自 2025 年 6 月 26 日至 2025 年 6 月 26 日。 采用上交所网络投票系统，通过交易系统投票平台的投 票时间为股东会召开当日的交易时间段，即 9:15-9:25，9:3 0-11:30，13:00-15:00；通过互联网投票平台的投票时间为 股东会召开当日 ...

Core Insights - China Chemical's business expansion aligns with expectations, with a total contract amount of approximately 150.8 billion yuan signed in the first five months of the year [2][3] - The company has a strong presence in over 80 countries and regions globally, with foreign market revenue accounting for about 20% in both 2023 and 2024 [2] - The company has invested over 18 billion yuan in R&D over the past three years, resulting in 5,730 authorized patents by the end of 2024 [2][14] Contract Details - In the first five months, China Chemical signed 1,829 contracts totaling 150.83 billion yuan, with 1,162 construction contracts amounting to 145.33 billion yuan, representing 63.53% and 96.36% of the total respectively [4][5] - The core chemical engineering business accounted for 1,169 billion yuan of the new contracts, making up 77.51% of the total contract amount [4][5] - Domestic and foreign market contracts amounted to 1,310.24 billion yuan and 198.01 billion yuan, respectively, with shares of 86.87% and 13.13% [5] Financial Performance - From 2018 to 2024, the company has achieved continuous growth in revenue and net profit for seven consecutive years [10][11] - In Q1 of this year, the company reported a net profit attributable to shareholders of 1.445 billion yuan, an increase of over 18% year-on-year [2][11] - The company’s total revenue for 2024 is projected to reach 186.61 billion yuan, with a year-on-year growth of 6.89% in the chemical engineering business [5][7] R&D and Innovation - The company emphasizes R&D as a driver for steady growth, with a total R&D investment of 183.56 billion yuan from 2022 to 2024 [14] - The company has developed key technologies in green environmental protection and hydrogen utilization, addressing critical technology bottlenecks [13][14] - The workforce includes 5,824 R&D personnel, accounting for 11.42% of the total staff [14]