格隆汇12月24日丨江化微(603078.SH)公布，截至2025年12月24日，董事长、总经理殷福华先生通过集 中竞价、大宗交易方式减持公司股份1156.9万股，占公司总股本的3%。殷福华先生本次减持计划实施 完毕。 ...

证券代码：603078 证券简称：江化微 公告编号：2025-048 江阴江化微电子材料股份有限公司 持股 5%以上股东、董事长兼高级管理人员减持股份结 果公告 本公司董事会、全体董事及相关股东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： 大股东及董监高持股的基本情况 截至本公告披露日，江阴江化微电子材料股份有限公司（以下简称"公司"） 持股 5%以上股东、董事长、总经理殷福华先生持有本公司无限售条件流通股 64,137,281 股，占公司总股本的 16.63%。股份来源为公司 IPO 前取得的股份及 上市后以资本公积金转增股本方式取得的股份。 减持计划的实施结果情况 公司于 2025 年 10 月 30 日披露了《江阴江化微电子材料股份有限公司持股 5%以上股东、董事长兼高级管理人员减持股份计划公告》（公告编号：2025-042）， 殷福华先生计划通过集中竞价和大宗交易方式减持所持有的公司股票，减持数量 不超过 11,569,117 股，即不超过公司总股本的 3%，拟减持期间为自 2025 年 11 月 21 日至 2026 年 ...

江化微公告，截至本公告披露日，持股5%以上股东、董事长兼总经理殷福华持股6413.73万股，占 16.63%；其减持计划已实施完毕。殷于2025年11月24日～12月24日通过大宗交易减持771.27万股、集中 竞价减持385.63万股，合计减持1156.9万股，占3%，减持价格15.83～18.16元/股，套现1.92亿元。减持 后持股5256.82万股，占13.63%。 ...

Core Viewpoint - Jiangyin Jianghua Microelectronics Materials Co., Ltd. has successfully renewed the safety production license for its wholly-owned subsidiary, Jianghua Micro (Zhenjiang) Electronic Materials Co., Ltd., ensuring compliance with safety regulations and enabling continued production operations [1][2]. Group 1 - The renewed safety production license is valid from May 18, 2025, to May 17, 2028 [1]. - The license covers the production of various chemicals, including ammonia solution (10,300 tons/year), sulfuric acid (25,600 tons/year), hydrochloric acid (3,000 tons/year), hydrogen peroxide solution (15,500 tons/year), and isopropanol (5,015 tons/year) [1]. - The renewal includes additional products and increased production capacity from the second phase of the project, which aims for an annual output of 228,000 tons of ultra-pure wet electronic chemicals and 7,000 tons of industrial-grade chemicals [1]. Group 2 - The renewal of the safety production license will not affect the normal production and operation of the company and its subsidiaries [1]. - The company and its subsidiaries have maintained continuous validity of their safety production licenses, ensuring compliance with relevant laws and regulations [1].

Core Viewpoint - Jianghua Microelectronics (603078.SH) has successfully renewed its safety production license for its wholly-owned subsidiary, Jianghua Micro (Zhenjiang) Electronic Materials Co., Ltd, which will not affect the company's normal production operations [1] Group 1: License Details - The renewed safety production license covers the following products: - Ammonia solution (containing >10%) at 10,300 tons/year - Sulfuric acid at 25,600 tons/year - Hydrochloric acid at 3,000 tons/year - Hydrogen peroxide solution (containing >8%) at 15,500 tons/year - Isopropanol at 5,015 tons/year - The license is valid from May 18, 2025, to May 17, 2028 [1][1] Group 2: Production Capacity - The renewal of the safety production license includes additional products and increased production capacity for the second phase of the project, which aims for an annual output of 228,000 tons of ultra-pure wet electronic chemicals and 7,000 tons of industrial-grade chemicals as by-products [1][1]

镇江江化微本次换发安全生产许可证系将"年产22.8万吨超高纯湿电子化学品、副产0.7万吨工业级化学 品及再生项目"中二期项目新增部分产品和产能增加到许可范围内。本次安全生产许可证换发不会影响 公司及子公司正常生产经营。公司及子公司安全生产许可证连续有效，其生产经营符合相关法律法规的 规定。 格隆汇12月23日丨江化微(603078.SH)公布，公司全资子公司江化微（镇江）电子材料有限公司（以下 简称"镇江江化微"）完成安全生产许可证的换发工作，并收到江苏省应急管理厅颁发的《安全生产许可 证》，具体内容如下： 许可范围：氨溶液【含氨>10%】（10300吨/年）、硫酸（25600吨/年）、盐酸（3000吨/年）、过氧化 氢溶液【含量＞8%】（15500吨/年）、2-丙醇（5015吨/年）；有效期：2025年5月18日至2028年5月17 日。 ...

证券代码：603078 证券简称：江化微 公告编号：2025-047 江阴江化微电子材料股份有限公司 关于全资子公司换发安全生产许可证的公告 特此公告。 近日，江阴江化微电子材料股份有限公司（以下简称"公司"）全资子公司 江化微（镇江）电子材料有限公司（以下简称"镇江江化微"）完成安全生产许 可证的换发工作，并收到江苏省应急管理厅颁发的《安全生产许可证》，具体内 容如下： 企业名称：江化微（镇江）电子材料有限公司 主要负责人：姜惠德 单位地址：镇江市新区青龙山路 18 号 经济类型：有限责任公司（自然人投资或控股的法人独资） 有效期：2025 年 5 月 18 日至 2028 年 5 月 17 日 许可范围：氨溶液【含氨>10%】（10300 吨/年）、硫酸（25600 吨/年）、盐 酸（3000 吨/年）、过氧化氢溶液【含量＞8%】（15500 吨/年）、2-丙醇（5015 吨 /年） 镇江江化微本次换发安全生产许可证系将"年产 22.8 万吨超高纯湿电子化学 品、副产 0.7 万吨工业级化学品及再生项目"中二期项目新增部分产品和产能增 加到许可范围内。本次安全生产许可证换发不会影响公司及子公司正常生产经营 ...

江化微公告称，其全资子公司镇江江化微完成安全生产许可证换发工作，收到江苏省应急管理厅颁发的 证书。该证有效期从2025年5月18日至2028年5月17日，许可范围包括氨溶液、硫酸等多种化学品及对应 年产量。此次换发是将二期项目新增部分产品和产能纳入许可范围，不会影响公司及子公司正常生产经 营，其生产经营符合法规规定。 ...

Group 1 - Moer Thread plans to use up to 7.5 billion yuan of idle raised funds for cash management, with a usage period of 12 months [1] - O-film plans to purchase 8.46% equity of its subsidiary Anhui Che Lian for a total of 3.64 billion yuan, increasing its ownership from 78.54% to 87% [2] - ST Lian Shi applies to revoke the delisting risk warning as its restructuring plan has been completed [3] Group 2 - Weirli signs a strategic cooperation framework agreement with Primech Holdings to build an industrial robot cooperation platform [4] - Race Intelligent plans to raise no more than 1.144 billion yuan through a private placement for core components of intelligent equipment [5] - Renfu Pharmaceutical's stock will be subject to other risk warnings and will be suspended for one day starting December 15 [6] Group 3 - Yongding Co. clarifies that its subsidiary Dongbu Superconductor does not directly manufacture controllable nuclear fusion devices [7] - Rongbai Technology plans to acquire part of Guizhou Xinren's equity and increase its capital to achieve control [9] - ST Hu Ke is under investigation by the Securities Regulatory Commission for suspected information disclosure violations [10] Group 4 - Yunnan Ge Industry plans to establish a subsidiary focused on organic germanium-related products [11] - Greenme intends to acquire 16.38% equity of Henan Recycling Group for 400 million yuan [12] - Jiangzhong Pharmaceutical plans to change its name to China Resources Jiangzhong Pharmaceutical [13] Group 5 - Jiangsu Guoxin's subsidiary Ma Zhou Power has completed the trial operation of a 1,000 MW coal-fired power generation unit [16] - Longsheng Technology plans to invest in a center for embodied intelligent robots [18] - Guangzhou Development has received approval for the registration of 8 billion yuan medium-term notes and 6 billion yuan short-term financing notes [19] Group 6 - China Merchants Port reported a container throughput of 17.248 million TEUs in November, a year-on-year increase of 6.4% [20] - Tianma Technology reported a total eel output of approximately 11,415.87 tons from January to November [21] Group 7 - Xilong Science plans to reduce its stake by up to 1% [22] - Xicet Testing's actual controller plans to transfer 5% of the company's shares [23] - Oppein Home's actual controller plans to increase its stake by 50 million to 100 million yuan [24] Group 8 - Maide Medical plans to repurchase shares worth 20 million to 40 million yuan [25] - Baicheng Pharmaceutical's major shareholder increased its stake by 0.85% [26] - Mengbaihe's major shareholder plans to reduce its stake by up to 1% [27] Group 9 - Xian Dao Ji Dian's shareholder has reduced its stake by 1.70% [28] - Yaxiang Integration's shareholder reduced its stake by 41,400 shares [29] - Zhiwei Intelligent's actual controller has reduced its stake, bringing the total holding to 69% [30] Group 10 - Jincheng Co.'s actual controller plans to reduce its stake by up to 0.97% [31] - Jianghua Micro's chairman has reduced his stake by 1.09% [32] - COSCO Shipping Energy signed a shipbuilding contract worth 7.882 billion yuan [33] Group 11 - Dayu Water Saving's subsidiary is expected to win two high-standard farmland construction projects [34] - Guorui Technology's subsidiary is a candidate for the GXLF project [36] - ST Zhisheng has won a smart city governance project worth 104 million yuan [37]

Core Insights - The chemical industry is entering a favorable phase driven by demand, value, and supply dynamics [5][6][7] - Global supply constraints and the exit of European capacities are expected to enhance the market environment for the chemical sector [7] Demand Drivers - Key opportunities identified in various sectors include: - Gas turbine upstream: companies like Zhenhua Co., Yingliu Co., Longda Co., and Wanze Co. [5] - Refrigerants and fluorinated liquids: companies such as Juhua Co., New Zhoubang, and Runhe Materials [5] - Energy storage supply chain: including Chuanheng Co., Xingfa Group, Yuntianhua, Batian Co., and others [5] - Semiconductor materials: companies like Yanggu Huatai, Wanrun Co., Dinglong Co., and others [5] Value Drivers - Potential for increased dividend yields in sectors such as: - Coal chemical: Hualu Hengsheng, Luxi Chemical, and Baofeng Energy [6] - Oil refining: Hengli Petrochemical, Satellite Chemical, and Sinopec [6] - Phosphate fertilizers: Yuntianhua, Yuntu Holdings, and others [6] Supply Drivers - Domestic anti-involution policies and the exit of European production capacities are expected to support the chemical industry: - PTA and polyester filament: companies like Xin Fengming and Tongkun Co. [7] - Tire manufacturing: including Sailun Tire, Zhongce Rubber, and others [7] Key Companies and Profit Forecasts - Selected companies with profit forecasts include: - Zhenhua Co. (Net profit forecast for 2025: 6.04 billion, PE: 21.8) [8] - Yingliu Co. (Net profit forecast for 2025: 4.08 billion, PE: 42.7) [8] - Longda Co. (Net profit forecast for 2025: 1.06 billion, PE: 34.9) [8] - Wanze Co. (Net profit forecast for 2025: 2.37 billion, PE: 32.9) [8] - Juhua Co. (Net profit forecast for 2025: 48.14 billion, PE: 24.4) [8] Industry Cycle Insights - The chemical industry is expected to enter a new cycle, with demand recovery and supply-side reforms driving growth [14][21] - The chemical price index has shown signs of recovery, indicating a potential upturn in the market [20][21]