证券代码：603086 证券简称：先达股份 公告编号：2025-038 山东先达农化股份有限公司 关于计提资产减值准备的公告 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个别及连带责任。 三、 审计委员会意见 山东先达农化股份有限公司（以下简称"公司"）于 2025 年 8 月 19 日召开 第五届董事会第六次会议，审议通过了《关于计提资产减值准备的议案》。现将 具体内容公告如下： 一、本次计提资产减值准备的概况 根据《企业会计准则》和公司财务管理制度的相关规定，为更加准确、客观 地反映公司 2025 年半年度财务状况和经营情况，基于谨慎性原则，公司对截至 2025 年 6 月 30 日合并财务报表范围内的各类资产进行充分评估和减值测试，对 存在减值迹象的相关资产计提减值准备。经测算，2025 年半年度，公司累计计 提各项资产减值准备合计 1,259.76 万元，具体计提减值准备情况如下： 1.应收账款等金融资产减值准备计提情况 公司对应收账款、其他应收款等金融资产采用预期信用损失方法计提减值准 备。2025 年半年度，公司结合应收款 ...

证券代码：603086 证券简称：先达股份 公告编号：2025-037 山东先达农化股份有限公司 第五届董事会第六次会议决议公告 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个别及连带责任。 重要内容提示： ●公司全体董事出席了本次会议。 ●本次董事会全部议案均获通过，无反对票、弃权票。 2025 年 1-6 月，公司实现营业收入 142,261.73 万元、实现归属于上市公司 股东的净利润 13,603.97 万元、实现归属于上市公司股东的扣除非经常性损益的 净利润 13,077.55 万元。 山东先达农化股份有限公司（以下简称"公司"）第五届董事会第六次会议 （以下简称"本次董事会会议"）于 2025 年 8 月 9 日以邮件和电话方式向全体董 事发出会议通知。本次董事会会议于 2025 年 8 月 19 日以现场结合通讯表决方式 召开。本次董事会会议应到董事 7 人，实到董事 7 人，会议由公司董事长王现全 先生主持，公司高级管理人员列席本次会议。本次董事会会议的召集、召开和表 决程序符合《中华人民共和国公司法》和《公司章程》的 ...

山东先达农化股份有限公司2025 年半年度报告 公司代码：603086 公司简称：先达股份 山东先达农化股份有限公司 2025 年半年度报告 1 / 156 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不 存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人王现全、主管会计工作负责人江广同及会计机构负责人（会计主管人员）刘颖 声明：保证半年度报告中财务报告的真实、准确、完整。 山东先达农化股份有限公司2025 年半年度报告 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 重要提示 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 报告期内，公司 ...

Core Viewpoint - The A-share market is experiencing significant volatility, driven by liquidity rather than economic fundamentals, with external factors influencing investor sentiment and market movements [3][4][8]. Market Analysis - The A-share market showed mixed performance today, with major indices closing slightly down, while the Northbound trading saw significant activity [4][28]. - The market's fluctuations are characterized by a tug-of-war between bullish and bearish sentiments, with liquidity being a key driver [2][3]. Liquidity and Fund Flows - External investment banks, including Goldman Sachs and Citigroup, emphasize that the current A-share rally is primarily liquidity-driven, with household savings shifting towards financial assets [3][4]. - Predictions indicate that public funds will need to increase their A-share holdings significantly in the coming years, with estimates of at least 590 billion yuan in 2025 [3][10]. Sector Performance - The white wine sector has shown strong performance, attributed to valuation recovery and seasonal consumption expectations [16]. - The innovative drug sector experienced volatility, with several stocks hitting the upper limit, driven by upcoming international conferences [16]. - The robotics sector saw a surge following government initiatives to promote AI and manufacturing integration [16]. Investor Sentiment - Retail investors are currently the main driving force in the market, with margin balances reaching historical highs [5][8]. - The sentiment among retail investors has improved, as indicated by increased trading volumes and a shift in household savings [8][9]. Institutional Activity - Institutional investors are focusing on technology and consumer sectors, with passive funds leading the charge in A-share investments [8][9]. - The "national team" has been active in the market, particularly in ETF purchases, although intervention has lessened above certain index levels [10][11]. Future Outlook - The outlook for A-share market liquidity remains positive, with expectations of continued inflows from various institutional sources [3][10]. - However, potential tightening of liquidity could lead to a return to range-bound trading patterns [8][9].

智通财经APP讯，先达股份(603086.SH)发布2025年半年度报告，报告期内，公司实现营业收入14.23亿 元，同比增长11.82%。实现归属于上市公司股东的净利润1.36亿元，同比增长2561.58%。实现归属于上 市公司股东的扣除非经常性损益的净利润1.31亿元。基本每股收益0.31元。 ...

格隆汇8月19日丨先达股份(603086.SH)公布2025年半年度报告，报告期实现营业收入14.23亿元，同比增 长11.82%；归属于上市公司股东的净利润1.36亿元，同比增长2,561.58%；归属于上市公司股东的扣除 非经常性损益的净利润1.31亿元，同比增长15,975.80%；基本每股收益0.31元。 ...

Investment Rating - The report maintains a positive outlook on the chemical industry, particularly focusing on heat dissipation materials and helium gas from Russia, as well as incidents affecting Zhongkun Chemical [3][4]. Core Insights - The macroeconomic judgment indicates that non-OPEC countries are expected to lead an increase in oil production, with a significant overall supply growth anticipated. Global GDP growth is projected at 2.8%, with stable oil demand despite some slowdown due to tariffs [3][4]. - The trend towards liquid cooling in AI servers is highlighted, with significant power requirements leading to increased demand for specialized cooling materials. The report suggests monitoring companies like Bayi Shikong, New Era, Dongyangguang, Yonghe Co., and Juhua Co. [3][4]. - Recent incidents affecting helium supply in Russia and a fire at Zhongkun Biotech are expected to positively impact the helium supply-demand balance, with recommendations to focus on companies like Guanggang Gas, Huate Gas, and Jinhong Gas [3][4]. Summary by Sections Industry Dynamics - Oil supply is expected to increase significantly, with non-OPEC countries leading the way. Global oil demand remains stable, but growth may slow due to tariff impacts. Coal prices are expected to stabilize at low levels, while natural gas export facilities in the U.S. may reduce import costs [4][5]. Chemical Sector Configuration - The report notes a decrease in oil prices and an increase in coal prices, with industrial product PPI showing a year-on-year decline of 3.6%. Manufacturing PMI recorded at 49.3%, indicating a slight contraction in manufacturing activity [3][5]. Investment Analysis - Traditional cyclical investments should focus on leading companies in their respective sectors, including Wanhu Chemical, Hualu Hengsheng, and Baofeng Energy. Growth sectors include semiconductor materials and OLED panel materials, with specific companies highlighted for their potential [3][4][17].

Core Viewpoint - The performance of pesticide companies in the first half of the year shows significant disparities, with some companies experiencing substantial profit growth while others face losses due to varying product prices and market conditions [2][4]. Group 1: Company Performance - Limin Co., Ltd. reported a net profit increase of 747.13% in the first half of the year, achieving a revenue of 2.69 billion yuan, driven by rising prices of its main products [3][4]. - Xinda Co., Ltd. expects a net profit increase of 2443.43% to 2834.73%, primarily due to the price surge of its main product, oxazolone [4]. - Ando Agricultural Co. anticipates a loss of 54 million to 108 million yuan, citing "price weakness" as a key factor [4]. - Hongtaiyang expects a loss of 168 million to 228 million yuan, attributing the downturn to intense market competition and low product prices [4][5]. Group 2: Market Trends - The pesticide industry is experiencing a recovery, but the price of formulation products remains weak overall [2][6]. - The price of the key product, mancozeb, increased from 23,500 yuan per ton in March to 25,000 yuan per ton by mid-year, reflecting a 6.4% rise [6]. - The price of abamectin rose from 350,000 yuan per ton at the beginning of the year to 510,000 yuan per ton by June [6]. - The overall pesticide price index (CAPI) was 79.48 in June, showing a slight increase of 0.47% month-on-month but a year-on-year decrease of 3.77% [8]. Group 3: Industry Insights - The growth of Limin Co. is not representative of the entire pesticide industry, as it benefits from specific advantages [9]. - The industry is undergoing a restructuring of supply dynamics, with expectations of a more equitable competitive environment in the next three years, which may lead to improved product prices and profitability [9].

证券日报网讯 8月14日晚间，先达股份发布公告称，公司将于2025年8月21日15：00—16：00在上证路 演中心网络互动召开2025年半年度业绩说明会。公司董事长王现全先生、独立董事袁成雷先生、董事兼 总经理门亮先生、董事会秘书兼财务总监江广同先生将出席。 （文章来源：证券日报） ...

山东先达农化股份有限公司 关于召开2025年半年度业绩说明会的公告 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个别及连带责任。 重要内容提示： 会议召开时间：2025 年 8 月 21 日(星期四)15:00-16:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 证券代码：603086 证券简称：先达股份 公告编号：2025-036 会议召开方式：上证路演中心网络互动。 投资者可于 2025 年 8 月 15 日(星期五)至 8 月 20 日(星期三)16:00 前登 录 上 证 路 演 中 心 网 站 首 页 点 击 " 提 问 预 征 集 " 栏 目 或 通 过 公 司 邮 箱 cynda@cynda.cn 进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 一、说明会类型 山东先达农化股份有限公司（以下简称"公司"）将于 2025 年 8 月 20 日在 上海证券交易所网站（www.sse.com.cn） ...