格隆汇9月3日丨万盛股份(603010.SH)公布，2025年9月3日，公司收到股东高远夏《关于股份减持结果 的告知函》，本次减持计划期间，高远夏通过大宗交易方式减持30万股股份，占公司总股本的0.05%， 减持价格为9.50元/股。 ...

| 交易日期 | 证券商标 | 蓬券代码。 | 成交价(元) 成交金额(万元) 成交量(*) 莫入营业部 | 美出营业部 | 是否为专场 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 金元证券股份有限 | 浙商证券股份有限 | 025-09-03 | 603010 | 万盛般份 | 9.5 | 285 582 | 00 | ко | 公司临海质域路证 | 公司临海景和路证 | | Add Income color an an | ARE 10 A.R. | | | | | | | | | | 9月3日，万盛股份大宗交易成交30万股，成交额285万元，占当日总成交额的5.62%，成交价9.5元，较 市场收盘价10.1元折价5.94%。 ...

万盛股份公告，股东高远夏于2025年9月3日通过大宗交易方式减持30万股，减持价格9.5元/股，占公司 总股本0.05%，已完成原计划不超过0.08%的减持；本次减持后，高远夏持股133.95万股，占0.23%。高 远夏及其一致行动人临海洛升、高献国、高峰、高强、高敏、郑国富合计持股1.18亿股，占20.05%，减 持过程符合此前披露的减持计划。 ...

Core Viewpoint - The company emphasizes technological innovation as its primary productivity driver, focusing on its core business and leveraging its research institutes and production bases for independent and collaborative R&D efforts [1] Group 1: Technological Innovation - The company has established research institutes in Zhejiang and Shanghai to support its technological innovation initiatives [1] - The new nylon flame retardant is expected to complete production trials by mid-2025, with product performance receiving high recognition from customers [1] - Several specialty epoxy resins and antistatic agent products have successfully entered trial production [1] Group 2: Product Development - Various new products, including engineering plastic flame retardants, polyurethane flame retardants, cashew phenol curing agents, polyamide curing agents, amine additives, fatty acyl chlorides, and green amino acid surfactants, are undergoing trial production or gradual mass production across different production bases [1] - The company is accelerating the marketization and industrialization of new products across its business segments, thereby expanding its development areas and niche markets [1]

证券日报网讯 9月1日晚间，万盛股份发布公告称，2025年8月份，公司未回购股份。截至2025年8月31 日，公司已累计回购股份30，000股，占公司总股本的比例为0.0051%。 （文章来源：证券日报） ...

证券代码：603010 证券简称：万盛股份 公告编号：2025-062 关于以集中竞价交易方式回购公司股份的进展公告 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： | 回购方案首次披露日 | 2025/4/12 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2025 年 28 | 4 | 月 | 29 | 日~2026 | 年 | 4 | 月 日 | | 预计回购金额 | 5,000万元~10,000万元 | | | | | | | | | 回购用途 | √减少注册资本 □用于员工持股计划或股权激励 | | | | | | | | | | □用于转换公司可转债 | | | | | | | | | | □为维护公司价值及股东权益 | | | | | | | | | 累计已回购股数 | 3万股 | | | | | | | | | 累计已回购股数占总股本比例 | 0.0051% | | | | ...

格隆汇9月1日丨万盛股份(603010.SH)公布，2025年8月，公司未回购股份。截至2025年8月31日，公司 已累计回购股份30,000股，占公司总股本的比例为0.0051%，成交的最高价格为9.73元/股，成交的最低 价格为9.71元/股，已累计支付的总金额为人民币29.18万元（不含交易费用）。 ...

本次财报公布的各项数据指标表现一般。其中，毛利率19.01%，同比增7.9%，净利率2.31%，同比减 53.62%，销售费用、管理费用、财务费用总计1.4亿元，三费占营收比8.64%，同比增46.66%，每股净资 产6.11元，同比减8.47%，每股经营性现金流0.18元，同比减50.99%，每股收益0.05元，同比减61.54% 据证券之星公开数据整理，近期万盛股份（603010）发布2025年中报。截至本报告期末，公司营业总收 入16.23亿元，同比上升17.07%，归母净利润2632.33万元，同比下降65.02%。按单季度数据看，第二季 度营业总收入8.47亿元，同比上升18.05%，第二季度归母净利润1668.72万元，同比下降43.72%。本报 告期万盛股份应收账款上升，应收账款同比增幅达38.82%。 | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 13.86 Z | 16.23 亿 | 17.07% | | 归母净利润(元) | 7525.84万 | 2632.33万 | -65.02% | | ...

Summary of the Conference Call for Wansheng Co., Ltd. Company Overview - **Company**: Wansheng Co., Ltd. - **Industry**: Flame Retardants and Functional Additives Key Financial Performance - **Net Profit**: In the first half of 2024, the net profit attributable to shareholders decreased by 65% to 26.32 million yuan, primarily due to losses from Shandong Wansheng and increased depreciation costs from new production lines [2][3] - **Operating Cash Flow**: Operating cash flow decreased by 100 million yuan year-on-year, influenced by bill discounting and U.S. anti-dumping deposits [2][3] - **Revenue Growth**: Revenue for the first half of 2025 reached 1.623 billion yuan, a 17% increase, mainly due to the consolidation of Guangzhou Shuangneng's revenue [3] Product Performance - **Sales Volume**: Total sales volume increased by 6.29% to 105,400 tons, with polymer functional additives up by 7.81% [5] - **Flame Retardants**: Sales of flame retardants decreased by 6% due to anti-dumping duties in Europe and the U.S. [5] - **Gross Margin**: The gross margin for polymer functional additives was 24%, while the gross margin for flame retardants fell by 3 percentage points to 20% due to the same duties [5] Key Projects and Developments - **New Projects**: Major ongoing projects include: - Shandong Weifang Phase III (expected to start production in October 2024) - Guangzhou Shuangneng Phase II (ASA refrigerants and MBS toughening agents) - Thailand 32,000-ton flame retardant project (expected trial production in June 2026) [2][6][7] - **Production Capacity**: The Thailand facility aims to mitigate tariffs and is expected to generate a net profit of 30 to 50 million yuan upon full production [11] Market Trends and Future Outlook - **Demand Growth**: Future demand for flame retardants is expected to grow in the new energy sector, including electric vehicles, charging stations, and photovoltaic equipment [4][14] - **High-frequency Copper Clad Laminate Market**: This market is rapidly growing, driven by the proliferation of smart electronic products [4][18] - **Regulatory Impact**: The upcoming strict battery safety regulations in July 2026 will require collaboration with research institutions to develop compliant products [16] Competitive Landscape - **Industry Competition**: The industry has high barriers to entry due to technical requirements and strict supplier standards, limiting new entrants [21] - **Market Position**: Wansheng Co. is positioned as a leading global flame retardant supplier, with strong relationships with downstream customers [21] Challenges and Risks - **Tariff Impact**: The company faces significant tariffs in the U.S. and Europe, which have affected pricing strategies and profit margins [12][10] - **Market Pricing**: Despite claims of stable pricing, actual prices for exports to the U.S. and Europe have increased due to high tariffs, while domestic prices for certain products have reached low points [9] Conclusion - **Growth Projections**: The company anticipates annual revenue growth of 10% to 15% and an annual increase in EVITA profit of 15% to 20% in the long term, supported by new production capacities and ongoing R&D efforts [28]

Core Insights - The company reported a revenue of 1.623 billion yuan for the first half of 2025, representing a year-on-year increase of 17.07% [2] - Net profit attributable to shareholders decreased to 26.32 million yuan, down 65.02% year-on-year, primarily due to increased costs from a new production base [2] - The company is actively expanding its market presence by strengthening relationships with key customers and developing new clients [2] Financial Performance - Revenue for H1 2025: 1.623 billion yuan, up 17.07% year-on-year [2] - Net profit: 26.32 million yuan, down 65.02% year-on-year [2] - Net profit excluding non-recurring items: 21.82 million yuan, down 76.1% year-on-year [2] Market Development - Sales volume of main products reached 105,400 tons, a year-on-year increase of 6.29% [2] - Specific product sales: - Polymer functional additives: 62,500 tons, up 7.81% [2] - Coating additives: 14,300 tons, up 26.21% [2] - New products gaining market attention include flame retardants and specialty epoxy resins [2] Project Development - The company is advancing various base projects and technological upgrades to drive growth [3] - Key projects include: - Shandong Weifang production base and special functional new materials project entering trial production [3] - Guangdong Zhuhai production base project in equipment procurement phase, aiming for trial production in H1 2026 [3] - Thailand production base project under construction, targeting trial production in H1 2026 [3]