Core Viewpoint - The epoxy propylene sector has experienced a significant price surge since January, with various companies seeing substantial stock price increases, driven by supply-demand dynamics and market speculation [2][3][4]. Price Increase - In January, stock prices of companies related to epoxy propylene saw remarkable increases, with Meibang Technology rising by 67.45% and Hongbaoli by 68.92% [3]. - The benchmark price of epoxy propylene reached 8200.00 yuan/ton by January 30, marking a 6.03% increase from the beginning of the month, with some periods seeing nearly a 10% rise [4]. Supply and Demand Dynamics - The price increase is attributed to changes in the supply-demand landscape, with reduced operating loads in northern regions and a positive outlook in the downstream market leading to increased purchasing activity [4][5]. - The cancellation of export tax rebates for certain products is expected to drive a surge in orders before the April deadline, further boosting demand for epoxy propylene [5]. Market Trends - Despite the price surge, there are signs of a cooling market as purchasing sentiment declines due to high prices, leading to a potential downward adjustment in prices [6]. - The epoxy propylene industry is currently experiencing an oversupply situation, with low operating rates and expected new capacity additions by 2026 [6][7]. Demand Growth - Although there is oversupply, demand for epoxy propylene is showing slight growth, particularly in the appliance and export sectors, which is helping to sustain overall demand [7]. - The market is expected to experience fluctuations in February, with potential price rebounds later in the month as downstream factories resume operations [8].

天际股份冲击涨停，国城矿业、大中矿业、多氟多、海科新源、清水源、石大胜华、德方纳米、天赐材 料等跟涨。 (本文来自第一财经) 天际股份冲击涨停，国城矿业、大中矿业、多氟多、海科新源、清水源、石大胜华、德方纳米、天赐材 料等跟涨。 (本文来自第一财经) ...

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个别及连带责任。 石大胜华新材料集团股份有限公司（以下简称"公司"）于近日收到申万宏 源证券承销保荐有限责任公司（以下简称"申万宏源承销保荐"）出具的《关于 更换石大胜华新材料集团股份有限公司持续督导保荐代表人的函》。 证券代码：603026 证券简称：石大胜华 公告编号：临 2026-006 石大胜华新材料集团股份有限公司 关于更换持续督导保荐代表人的公告 特此公告。 石大胜华新材料集团股份有限公司董事会 2026 年 1 月 30 日 附件：刘智博先生简历 刘智博先生，保荐代表人，硕士研究生学历，现任申万宏源证券承销保荐有 限责任公司执行董事。自从事投资银行业务以来，作为签字保荐代表人完成的证 券发行项目有中欣氟材（002915）再融资、奇正藏药（002287）再融资、中欣氟 材（002915）IPO 项目、白云机场（600004）再融资、永清环保（300187）再融 资等项目。 申万宏源承销保荐作为公司向特定对象发行股票项目的保荐人，原指定彭奕 洪先生、于冬梅女士担任本项目持续督导保荐 ...

Group 1 - The core viewpoint of the news is that Shida Shenghua's stock has shown fluctuations in price and trading volume, with a recent increase of 2.04% to 71.97 CNY per share, and a total market capitalization of 16.747 billion CNY [1] - As of January 23, the company has experienced a year-to-date stock price decline of 3.80%, with a 0.81% increase over the last five trading days, a 9.41% decrease over the last 20 days, and a 24.49% increase over the last 60 days [1] - The company specializes in deep processing of basic organic chemical products, focusing on an integrated industrial chain around carbonate products, with main business revenue composition including dimethyl carbonate series (41.85%), other product series (25.70%), MTBE series (18.39%), trading products (12.51%), liquefied gas series (1.09%), and others (0.46%) [1] Group 2 - As of September 30, the number of shareholders for Shida Shenghua increased by 12.68% to 42,000, while the average circulating shares per person decreased by 11.25% to 4,825 shares [2] - For the period from January to September 2025, the company achieved operating revenue of 4.635 billion CNY, representing a year-on-year growth of 11.41%, but reported a net profit attributable to shareholders of -62.2018 million CNY, a decrease of 652.16% compared to the previous year [2] - Since its A-share listing, Shida Shenghua has distributed a total of 636 million CNY in dividends, with 68.9112 million CNY distributed over the last three years [3]

Group 1 - Meibang Technology focuses on the research and production of epoxy propane and downstream polyether polyols, benefiting from a clean production process and stable capacity, which enhances business profitability when epoxy propane prices rise [1][29] - Hongqiang Co., Ltd. produces concrete additives that utilize epoxy propane-derived polyether polyols, allowing for cost transfer to customers when prices rise, while also benefiting from the green building certification and infrastructure investment cycles [2][30] - Weiyuan Co., Ltd. has a large capacity for epoxy propane and integrates its production with other chemicals, which helps mitigate raw material price fluctuations and enhances profitability [3][31] Group 2 - Hongbaoli is a leading supplier of polyurethane insulation materials, with its core product being rigid polyether polyols, directly linked to epoxy propane prices, allowing for price adjustments through long-term agreements [4][32] - Yinuowei relies heavily on epoxy propane for its polyurethane products, maintaining stable relationships with downstream customers and benefiting from the rapid expansion of the new energy sector [5][33] - Yida Co., Ltd. has developed its own epoxy propane production technology and offers a range of solvents, benefiting from the green development policies and enhancing cost control through efficient procurement [6][34] Group 3 - Bohai Chemical leverages its location in the Beijing-Tianjin-Hebei petrochemical cluster to enhance its epoxy propane production, benefiting from regional supply advantages and low-carbon transformation initiatives [7][35] - China Chemical, as a state-owned enterprise, benefits from the rising demand for engineering services related to epoxy propane production, supported by its global project experience and technological capabilities [8][36] - Weixing Chemical has a complete C3 industrial chain layout, with significant cost advantages in epoxy propane production, and is actively expanding into new energy materials [9][36] Group 4 - Huaitai Co. integrates its chemical production with green paper-making concepts, enhancing profitability through the rising prices of epoxy propane while maintaining a focus on sustainable practices [10][38] - Kent Catalysts specializes in catalysts for epoxy propane production, benefiting from the industry's growth and focusing on high-end catalyst development for new energy applications [11][39] - Dongfang Shenghong has a vertically integrated "refining-polyester" chain, leveraging the high demand for epoxy propane to enhance profitability while expanding into photovoltaic materials [12][40]

Core Viewpoint - Global chemical giants such as BASF, Dow, and Huntsman are simultaneously raising prices across multiple regions including Europe, Asia, and the Middle East [4][6]. Group 1: Price Increases - Major chemical companies are implementing price hikes in response to market conditions [4][6]. - The price increases are observed in various regions, indicating a coordinated strategy among these global players [4][6]. Group 2: Policy Changes - The Ministry of Finance and the State Taxation Administration announced that starting from April 1, 2026, the export tax rebate for certain products, including PVC and its variants, will be canceled [4][6]. - The affected products include primary forms of pure PVC powder, unplasticized PVC, and plasticized PVC [4][6]. Group 3: Market Performance - The chemical sector has seen a continuous rise, with several stocks hitting the daily limit up, including Meibang Technology, Xinxiang Chemical Fiber, and Jiangtian Chemical [6]. - Other companies such as Yida Co., and Deer Chemical have experienced gains exceeding 10% [6].

证券代码：603026 证券简称：石大胜华 公告编号：2026-005 石大胜华新材料集团股份有限公司 2026年第二次临时股东会决议公告 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。 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：2026年1月19日 (二)股东会召开的地点：山东省东营市垦利区同兴路198号石大胜华办公楼A402室 (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： ■ (四)表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 (五)公司董事和董事会秘书的列席情况 1、公司在任董事9人，列席9人； 2、董事会秘书列席会议；其他高管列席会议。 二、议案审议情况 (一)非累积投票议案 1、议案名称：关于确认公司2025年度与关联方之间关联交易及2026年度日常关联交易预计情况的议案 审议结果：通过 表决情况： ■ (二)涉及重大事项，5%以下股东的表决情况 ■ 本次股东会由公司董事会召集，由董事长郭天明先生主持，大会采取现场投票与 ...

北京市中伦律师事务所 关于石大胜华新材料集团股份有限公司 2. 公司刊登在上海证券交易所（http://www.sse.com.cn/）的公司董事会关于 召开本次股东会的通知； 3. 公司本次股东会股权登记日的股东名册等资料； 4. 公司本次股东会的相关会议文件。 - 1 - 2026 年第二次临时股东会的 法律意见书 致：石大胜华新材料集团股份有限公司 根据《中华人民共和国公司法》《中华人民共和国证券法》等相关法律、法 规和规范性文件及《石大胜华新材料集团股份有限公司章程》（以下简称"公司 章程"）的规定，北京市中伦律师事务所（以下简称"本所"）接受石大胜华新 材料集团股份有限公司（以下简称"公司"）委托，对公司 2026 年第二次临时 股东会（以下简称"本次股东会"）的相关事项进行见证并出具法律意见。 为出具本法律意见书，本所律师审查了公司提供的相关文件，该等文件包括 但不限于： 法律意见书 1. 现行有效的公司章程； 二、出席本次股东会人员的资格 （一）本次股东会以现场会议与网络投票相结合的方式召开。出席现场会议 及参加网络投票的股东情况如下： 1. 通过出席本次股东会现场会议方式参加本次股东会投票的股 ...

证券代码：603026 证券简称：石大胜华 公告编号：2026-005 石大胜华新材料集团股份有限公司 2026年第二次临时股东会决议公告 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。 重要内容提示： | 1、出席会议的股东和代理人人数 | 496 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 31,273,790 | | 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（%） | 13.4394 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次股东会由公司董事会召集，由董事长郭天明先生主持，大会采取现场投票与 网络投票相结合的方式进行表决。本次会议的召集、召开和表决符合《公司法》 (一) 股东会召开的时间：2026 年 1 月 19 日 (二) 股东会召开的地点：山东省东营市垦利区同兴路 198 号石大胜华办公楼 A402 室 (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： 及《公司章程》等有关 ...

Group 1 - The core viewpoint of the article is that the lithium battery electrolyte market in China is expected to see significant growth, with a projected shipment of 211 tons in 2025, representing a year-on-year increase of 45.3% [2] - The market concentration is increasing, with the CR10 reaching 89.7%, indicating that the leading companies are solidifying their positions in the industry [2] - The growth in shipments is primarily driven by the demand for power batteries and energy storage batteries [2] Group 2 - The top 10 companies in the lithium battery electrolyte shipment for 2025 are: Tianqi Materials, Xinzhou Bang, Kunlun New Materials, Shida Shenghua, Zhuhai Saiwei, Sinochem Blue Sky, Ruitai New Materials, Fainlight, Yongtai Technology, and New Asia Shanshan [3] - Tianqi Materials is identified as the industry leader in this segment [3] - The report is published by Qidian Research Institute SPIR, which specializes in the new energy and new materials industry chain [4]