东材科技公告称，截至2025年1月24日，公司累计回购股份793.49万股，占总股本0.88%，支付总金额 6999.28万元。基于实际经营及发展战略，公司拟将该部分股份用途由"用于实施股权激励计划"变更 为"用于注销并相应减少注册资本"。2025年11月10日，股东大会审议通过该议案。本次回购股份注销事 项计划于2026年办理完成，注销后公司总股本将由10.18亿股减至10.10亿股。 ...

四川东材科技集团股份有限公司 2026 年第一次临时股东会会议资料 601208 2026 年 1 月 29 日 四川东材科技集团股份有限公司 2026 年第一次临时股东会会议议程 （2）审议议案 一、会议召开时间 （1）现场会议时间：2026 年 1 月 29 日 14 点 00 分 （2）网络投票时间：公司此次股东会网络投票采用上海证券交易所网络投票系统，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 9:15-9:25，9:30-11:30， 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的 9:15-15:00。 二、会议召开地点：四川省成都市郫都区菁德路 209 号四川东材科技集团股份有限公司 101 会议室 三、会议主持：董事长唐安斌先生 | | 序号 | 非累积投票议案名称 | | --- | --- | --- | | 1 | 关于公司 | 2026 年度向金融机构申请综合授信额度、项目贷款额度的议案 | | 2 | 关于公司 | 年度为子公司提供担保的议案 2026 | | 3 | | 关于为公司及董事、高级管理人员购买责任险的议案 | | 4 | 关 ...

四川东材科技集团股份有限公司 关于使用闲置募集资金进行现金管理的进展公告 本公司及董事会全体成员保证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、准确和完整承担个别及连带责任。 重要内容提示 现金管理产品名称：中国工商银行区间累计型法人人民币结构性存款产 品-专户型2026年第037期A款 证券代码：601208 证券简称：东材科技 公告编号：2026-011 现金管理期限：35天 履行的审议程序：2026年1月12日，四川东材科技集团股份有限公司 （以下简称"公司"或"本公司"）召开第七届董事会第二次会议，审议通过 了《关于使用闲置募集资金进行现金管理的议案》，同意公司及子公司在保证 募集资金投资项目（以下简称"募投项目"）施工进度和资金需求的前提下， 使用不超过人民币1.2亿元的闲置募集资金进行现金管理，上述授权额度范围内， 资金可滚动使用；现金管理期限为自公司董事会审议批准之日起12个月内有效。 一、本次现金管理概况 （一）现金管理目的 （二）资金来源 1、本次现金管理的资金来源为公司暂时闲置的募集资金。 2、募集资金的基本情况 现金管理受托方：中国工商银行股份有限公司绵阳游仙支行 ...

Market Overview - The Shanghai Composite Index fell by 0.01% on January 20, with 20 industries rising, led by the oil and petrochemical sector, which increased by 1.74%, and the building materials sector, which rose by 1.71% [1] - The basic chemical industry saw a rise of 1.15% [1] - The communication and defense industries experienced the largest declines, with drops of 3.23% and 2.87%, respectively [1] Capital Flow Analysis - The main capital outflow from the two markets totaled 95.723 billion yuan, with 11 industries experiencing net inflows [1] - The banking sector had the highest net inflow of 1.472 billion yuan, with a daily increase of 0.80% [1] - The real estate sector followed with a daily increase of 1.55% and a net inflow of 627 million yuan [1] - The power equipment industry had the largest net outflow, totaling 19.054 billion yuan, followed by the electronics industry with an outflow of 18.394 billion yuan [1] Basic Chemical Industry Performance - The basic chemical industry had a net inflow of 475 million yuan, with 236 out of 408 stocks rising, including 12 hitting the daily limit [2] - The top three stocks with the highest net inflow were Hongbaoli (3.38 billion yuan), Zhongyida (2.95 billion yuan), and Yanhai Co. (2.67 billion yuan) [2] - The stocks with the largest net outflow included Duofluor (3.20 billion yuan), Shenjian Co. (2.25 billion yuan), and Dongcai Technology (1.57 billion yuan) [2][4] Basic Chemical Industry Capital Inflow and Outflow Inflow Rankings - Hongbaoli: +9.96%, turnover rate 11.78%, net inflow 338.19 million yuan [2] - Zhongyida: +9.96%, turnover rate 11.59%, net inflow 294.70 million yuan [2] - Yanhai Co.: +1.94%, turnover rate 2.27%, net inflow 266.55 million yuan [2] Outflow Rankings - Duofluor: -4.63%, turnover rate 8.04%, net outflow -320.19 million yuan [4] - Shenjian Co.: -9.99%, turnover rate 28.21%, net outflow -224.89 million yuan [4] - Dongcai Technology: -6.68%, turnover rate 10.05%, net outflow -157.38 million yuan [4]

Group 1: Market Performance - The plastic sector increased by 1.15% on January 19, with Fule New Materials leading the gains [1] - The Shanghai Composite Index closed at 4114.0, up 0.29%, while the Shenzhen Component Index closed at 14294.05, up 0.09% [1] Group 2: Top Gainers in the Plastic Sector - Fule New Materials (code: 605488) closed at 43.02, with a rise of 10.00% and a trading volume of 206,900 shares, amounting to a transaction value of 863 million [1] - Double Star New Materials (code: 002585) closed at 7.74, up 9.94%, with a trading volume of 819,400 shares and a transaction value of 619 million [1] - Other notable gainers include Shuangxiang Co. (code: 002395) with a 7.81% increase, closing at 18.78, and Ruihua Tai (code: 688323) with a 7.03% increase, closing at 23.76 [1] Group 3: Market Outflows and Inflows - The plastic sector experienced a net outflow of 68.8652 million from institutional investors and a net outflow of 143 million from speculative funds, while retail investors saw a net inflow of 212 million [2] - The detailed fund flow for individual stocks indicates varying levels of net inflow and outflow among different companies [3] Group 4: Individual Stock Fund Flows - Dongcai Technology (code: 601208) had a net inflow of 134 million from institutional investors, representing 6.66% of its total [3] - Fule New Materials (code: 605488) saw a net inflow of 87.2174 million from institutional investors, accounting for 10.10% [3] - Double Star New Materials (code: 002585) had a net outflow of 43.0187 million from speculative funds, indicating a negative sentiment [3]

Core Viewpoint - The report highlights the current trends in the chemical industry, focusing on price movements, supply and demand dynamics, and investment opportunities in undervalued leading companies amid a backdrop of geopolitical tensions and changing market conditions [1][4][8]. Industry Dynamics - In the week of January 12-18, 49 out of 100 tracked chemical products saw price increases, while 20 experienced declines, and 31 remained stable. The average monthly price of 49% of products rose compared to the previous month [3]. - The average price of WTI crude oil futures increased by 0.54% to $59.44 per barrel, while Brent crude oil futures rose by 0.66% to $63.76 per barrel during the same week [4]. - As of January 9, U.S. crude oil production averaged 13.753 million barrels per day, a decrease of 58,000 barrels from the previous week but an increase of 272,000 barrels year-on-year. Total U.S. oil demand was 21.009 million barrels per day, up by 178,200 barrels from the previous week [4]. Price Movements - The price of butadiene rose by 4.04% to 9,663 yuan per ton as of January 18, with a month-on-month increase of 25.98% but a year-on-year decrease of 20.8%. The production of butadiene was 109,300 tons, down 2.85% from the previous week [5]. - Epoxy propane prices increased by 8.84% to 8,620 yuan per ton, with a year-on-year rise of 9.88%. The market operating rate was 65.38%, reflecting a 1.51% increase from the previous week [6][7]. Investment Recommendations - As of January 18, the price-to-earnings ratio (TTM) for the SW basic chemical sector is 14.68, at the 59.64% historical percentile, while the price-to-book ratio is 1.54, at the 40.20% historical percentile. The SW oil and petrochemical sector has a TTM P/E ratio of 13.44, at the 39.81% historical percentile [8]. - Investment suggestions include focusing on undervalued leading companies, the impact of "anti-involution" on supply in related sub-industries, and the growing importance of self-sufficiency in electronic materials and certain new energy materials amid rising prices [2][8]. - Recommended stocks include Wanhua Chemical, Hualu Hengsheng, and others, with a focus on sectors like semiconductor materials, OLED materials, and new energy materials [8][9].

Group 1 - The core viewpoint of the article highlights the strategic acquisition by Dongcai Technology of a 22.5% minority stake in Shandong Aiment, increasing its direct ownership from 72.5% to 95%, thereby achieving near-total control [2][4] - Shandong Aiment specializes in high-performance epoxy resins and phenolic resins, with over 32 production units and more than 50 products, including several that have achieved domestic breakthroughs, indicating a strong position in the high-end materials market [3][4] - Dongcai Technology's ongoing strategy focuses on developing a "1+3" model centered on insulation materials, with electronic materials seen as a second growth curve, where high-performance resins play a crucial role [3][4] Group 2 - The financial performance of Shandong Aiment shows a negative net profit of -33.18 million yuan for the first seven months of 2025, despite generating revenue of 327.54 million yuan, indicating challenges but also potential for growth through technological advancements [3] - Dongcai Technology has made several investments in Shandong Aiment since 2020, including a 39 million yuan capital increase in August 2020 and a 100 million yuan increase in May 2021, aimed at expanding production capacity for specialty resins [4] - The recent acquisition and capital increase efforts by Dongcai Technology are expected to enhance operational control over Shandong Aiment and facilitate a comprehensive supply chain from resin synthesis to end-use applications, targeting high-end resin markets [4]

Market Overview - As of January 15, the Shanghai Composite Index closed at 4112.60 points, with a decline of 0.33%. The Shenzhen Component Index closed at 14306.73 points, increasing by 0.41%. The ChiNext Index closed at 3367.92 points, rising by 0.56% [1] Trading Volume Analysis - A total of 1255 stocks saw an increase in average transaction volume, with 15 stocks experiencing a growth of over 50%. Conversely, 3315 stocks reported a decrease in transaction volume. Notable stocks with significant increases include Wenke Co., Ltd., Shanhe Pharmaceutical, and Sanjia Technology [1] Active Stocks by Transaction Volume - The stocks with the highest increase in average transaction volume include: - Wenke Co., Ltd. (10.09% increase, 3841 shares, 241.99% increase) - Shanhe Pharmaceutical (20.01% increase, 1613 shares, 125.77% increase) - Sanjia Technology (9.99% increase, 983 shares, 112.27% increase) [2] Active Stocks by Transaction Count - The stocks with the highest increase in transaction count include: - Sanwei Communication (481,875 transactions, 10799.68% increase) - ST Keli Da (3,235 transactions, 3797.59% increase) - Sanjiang Shopping (128,956 transactions, 3237.37% increase) [3] Stocks with Significant Increases in Both Volume and Count - Shanhe Pharmaceutical stands out with a 20.01% increase in price, an average transaction volume of 1613 shares (125.77% increase), and a transaction count of 25,673 (98.97% increase) [4] - Other notable stocks include: - Jiangshan Co., Ltd. (9.99% increase, 795 shares, 97.34% increase, 38,300 transactions, 61.17% increase) - Dibei Electric (10.01% increase, 921 shares, 61.43% increase, 18,200 transactions, 244.11% increase) [5]

Group 1 - Nanda Optoelectronics is a core enterprise in the semiconductor materials field, focusing on the R&D and mass production of ArF photoresists, having achieved breakthroughs that disrupt the monopoly of Japanese and American companies in the mid-to-high-end photoresist market [1][38][39] - The company has established deep cooperation with foundries in the Yangtze River Delta and has successfully validated its ArF photoresist for 28nm processes, leading to significant order growth and capacity expansion following the introduction of U.S. semiconductor tariffs in 2026 [1][39] - The National Big Fund has provided financial support for its photoresist projects, enhancing its first-mover advantage in the domestic photoresist market [1][39] Group 2 - Tongcheng New Materials, based in Shanghai, is a leading domestic rubber additive company that has entered the photoresist market through the acquisition of Beixu Electronics, focusing on the R&D and production of KrF photoresists [2][40] - The company has established stable partnerships with major domestic foundries, achieving large-scale production of KrF photoresists widely used in memory chips and power devices [2][40] - Plans for an H-share listing in 2026 aim to raise funds for high-end photoresist R&D and capacity expansion, further enhancing its competitive edge in the domestic market [2][40] Group 3 - Dinglong Co., headquartered in Wuhan, is a leader in printing and copying consumables, diversifying into semiconductor materials with a focus on polishing pads and supporting materials for photoresists [3][41] - The company has established close cooperation with major foundries like SMIC, achieving import substitution for its CMP polishing pads, which supports its photoresist business [3][41] - Following the U.S. semiconductor tariffs, there has been a surge in demand for localized supporting materials, leading to increased orders for its photoresist and related products [3][41] Group 4 - Yake Technology, located in Jiangsu, has entered the semiconductor photoresist market through the acquisition of South Korea's UP Chemical, focusing on KrF and ArF photoresists [4][42] - The company has integrated the technical advantages of the Korean team with domestic market resources, positioning itself as a core supplier of mid-to-high-end photoresists in the global semiconductor supply chain [4][42] - The electronic specialty gas business complements its photoresist offerings, providing a one-stop material solution for foundries [4][42] Group 5 - Dongcai Technology, based in Sichuan, specializes in high polymer resin materials for photoresists, leveraging its chemical industry foundation in the Southwest [5][43] - The company has achieved batch supply of resin products for various photoresist models, including G/I line and KrF, validated by multiple domestic photoresist manufacturers [5][43] - The demand for localized raw materials has surged following the U.S. semiconductor tariffs, leading to increased production capacity and a focus on high-end resin materials for ArF photoresists [5][43] Group 6 - Lianhong New Materials, located in Shandong, produces core raw materials such as monomers and solvents for photoresists, achieving low-cost production with quality meeting import standards [6][44] - The company has established long-term partnerships with downstream photoresist manufacturers, enhancing product adaptability and market share [6][44] - The acceleration of domestic substitution due to U.S. tariffs has led to a significant increase in orders for its photoresist raw materials [6][44] Group 7 - Shengquan Group, based in Shandong, focuses on developing phenolic and epoxy resins for photoresists, achieving breakthroughs in green and high-performance materials [7][45] - The company has become a core supplier for downstream photoresist manufacturers, benefiting from the growing demand for upstream resin materials following the U.S. semiconductor tariffs [7][45] - Increased R&D investment aims to develop high-end resin materials for KrF photoresists, further extending its position in the semiconductor materials industry [7][45] Group 8 - Shanghai Xinyang, a leader in semiconductor cleaning liquids, has diversified into the photoresist market, focusing on G/I line and electroplating photoresists [8][46] - The company has achieved large-scale production of G/I line photoresists, becoming a major supplier for domestic packaging applications [8][46] - The introduction of U.S. tariffs has accelerated the domestic adoption of photoresist materials, significantly increasing order volumes for its products [8][46] Group 9 - Jingrui Electric Materials, located in Jiangsu, is a leader in microelectronic materials, with its photoresist business covering multiple models including G/I line and KrF [9][48] - The company has accumulated extensive experience in photoresist R&D and production, with KrF photoresists entering the customer validation phase [9][48] - The U.S. semiconductor tariffs have led to a significant increase in domestic procurement of photoresists, resulting in notable revenue growth for the company [9][48] Group 10 - Huamao Technology, based in Fujian, has entered the photoresist market through the acquisition of XuZhou Bokan, focusing on ArF photoresist R&D [10][49] - The company aims to leverage its technical reserves to achieve breakthroughs in the production of mid-to-high-end photoresists, particularly in automotive semiconductor applications [10][49] - The acceleration of domestic substitution due to U.S. tariffs positions the company favorably in the ArF photoresist market [10][49] Group 11 - Jingfang Technology, headquartered in Jiangsu, specializes in semiconductor packaging and testing, relying on photoresists as a core consumable in its processes [11][50] - The company is enhancing cooperation with domestic photoresist manufacturers to optimize supply chain costs amid the push for domestic substitution [11][50] - The growth in demand from automotive electronics and AIoT sectors is driving the expansion of its packaging business, indirectly benefiting from the photoresist market [11][50] Group 12 - Xinlai Yingcai, based in Jiangsu, is a leader in ultra-pure fluid equipment, providing clean production equipment for photoresist manufacturing [12][51] - The company is expanding its product offerings to include ultra-clean equipment suitable for ArF and EUV photoresist production [12][51] - The demand for clean equipment has surged following the U.S. semiconductor tariffs, leading to significant order growth [12][51] Group 13 - Hubei Yihua, located in Hubei, is a leader in basic chemicals, producing raw materials for photoresists such as chlorobenzene and phosphorus trichloride [13][53] - The company has achieved large-scale production of photoresist raw materials, benefiting from the growing demand for localized supply following U.S. tariffs [13][53] - Its integrated chemical industry advantages help reduce production costs, enhancing its competitiveness in the photoresist supply chain [13][53]

沪指1月15日下跌0.33%，申万所属行业中，今日上涨的有11个，涨幅居前的行业为电子、基础化工， 涨幅分别为1.67%、1.40%。基础化工行业位居今日涨幅榜第二。跌幅居前的行业为综合、国防军工， 跌幅分别为3.35%、2.80%。 资金面上看，两市主力资金全天净流出628.64亿元，今日有6个行业主力资金净流入，电子行业主力资 金净流入规模居首，该行业今日上涨1.67%，全天净流入资金120.83亿元，其次是有色金属行业，日涨 幅为1.37%，净流入资金为19.36亿元。 主力资金净流出的行业有25个，计算机行业主力资金净流出规模居首，全天净流出资金185.56亿元，其 次是传媒行业，净流出资金为106.42亿元，净流出资金较多的还有国防军工、医药生物、非银金融等行 业。 基础化工行业今日上涨1.40%，全天主力资金净流入18.80亿元，该行业所属的个股共408只，今日上涨 的有296只，涨停的有8只；下跌的有105只，跌停的有3只。以资金流向数据进行统计，该行业资金净流 入的个股有200只，其中，净流入资金超亿元的有12只，净流入资金居首的是东材科技，今日净流入资 金4.17亿元，紧随其后的是彤程新材、 ...