（编辑 任世碧） 证券日报网讯 12月17日，新亚强在互动平台回答投资者提问时表示，公司苯基系列部分产品以其卓越 的耐高低温、耐候性、耐辐射及阻燃等综合性能，广泛用于航空航天、电子电器、高端装备等特种领 域。同时，公司持续聚焦高性能有机硅材料的研发与品质提升，积极把握下游高端制造领域的市场机 遇。 ...

证券日报网讯12月11日，新亚强（603155）在互动平台回答投资者提问时表示，公司六甲基二硅氮烷产 品是锂电池电解液的关键功能性助剂，目前已与国内多家头部电解液生产企业建立了长期、稳定合作关 系。公司相关产能充足，能够有效满足市场需求。湖北新亚强承建的有机硅材料及高纯功能助剂产品项 目，目前尚在推进中。 ...

（文章来源：证券日报） 证券日报网讯 12月11日，新亚强在互动平台回答投资者提问时表示，公司多年来持续大量出口欧盟市 场，核心产品均已通过欧盟REACH注册，符合市场准入与合规要求。同时，公司早年即已完成马德里 商标国际注册、清真HALAL认证、韩国K-REACH注册等多个国际市场主体的注册和认证，为公司能够 长期在国际市场的稳定发展奠定基础。 ...

格隆汇12月11日丨新亚强(603155.SH)在投资者互动平台表示，公司六甲基二硅氮烷产品是锂电池电解 液的关键功能性助剂，目前已与国内多家头部电解液生产企业建立了长期、稳定合作关系。公司相关产 能充足，能够有效满足市场需求。湖北新亚强承建的有机硅材料及高纯功能助剂产品项目，目前尚在推 进中。 ...

Core Viewpoint - The company XinYaqiang (603155.SH) is a key supplier of electronic-grade hexamethyldisilazane, which is essential in the photolithography process for the semiconductor and flat panel display industries [1] Group 1: Product and Market Position - The company's core product, electronic-grade hexamethyldisilazane, is a critical supporting material in the photolithography process [1] - The company has established a stable supply of this product to the semiconductor and flat panel display sectors [1] Group 2: Research and Development - The company is continuously engaged in the technical research and development of related electronic-grade products [1] - The company aims to expand its product range to provide a richer variety of specialty chemical solutions for high-end electronic materials such as photolithography resins [1]

New Stock Listings - Jingchuang Electric (920035) listed at an issuance price of 12.10 on December 2, 2025[1] - Tianpu Co., Ltd. (605255) is in the offer period from November 20 to December 19, 2025[1] Market Alerts - ST Suwu (600200) enters the delisting arrangement period starting December 9, 2025[1] - Jianglong Shipbuilding (300589) reported severe abnormal fluctuations[1] Recent Announcements - Multiple companies including Beida Pharmaceutical (000788) and ST Green Health (002868) have recent announcements regarding their stock activities[1] - A total of 30 companies have been flagged for abnormal trading activities in the last week[2]

Investment Rating - The report maintains a "Recommended" rating for the chemical industry [1] Core Insights - The chemical industry is expected to benefit from a shift in supply chain dynamics due to geopolitical tensions, particularly in semiconductor materials, leading to accelerated domestic replacements [5][6] - The chromium salt industry is experiencing a value reassessment driven by increased demand from AI data centers and commercial aircraft engines, with significant price increases noted [8][9] - The report highlights a potential upturn in the chemical industry as supply-side constraints and rising demand could enhance profitability and dividend yields for leading companies [6][10] Summary by Sections Industry Performance - The basic chemical sector has shown a 24.0% increase over the past 12 months, outperforming the CSI 300 index, which increased by 16.9% [3] Key Opportunities - Focus on low-cost expansion opportunities in companies such as Wanhua Chemical and Hualu Hengsheng, as well as sectors like tire manufacturing and pesticide formulations [6][9] - Emphasis on sectors with improving market conditions, including chromium salts, phosphate rock, and polyester filament [9][10] Price Trends - Recent price increases for key products include chromium oxide green at 35,500 CNY/ton and metallic chromium at 84,000 CNY/ton, both up by 1,000 CNY/ton from the previous week [8][16] - The report notes a tightening supply for isooctanol, with prices rising due to increased demand and production disruptions [13] Company Focus - The report identifies several key companies for investment, including Dongfang Shenghong, Hubei Yihua, and Wanhua Chemical, with positive earnings forecasts and attractive price-to-earnings ratios [28]

有机硅概念活跃，新亚强触及涨停，晨光新材、新安股份等跟涨。 ...

Core Viewpoint - The actual controller of Xinyaqiang (603155.SH), a leader in the silicone industry, has changed to the Handan State-owned Assets Supervision and Administration Commission following a share transfer agreement with the Handan City Chengxin Equity Investment Fund for 1.96 billion yuan [3][6]. Shareholder Changes - On November 25, Xinyaqiang announced that the Handan Chengxin Equity Investment Fund acquired 94.42 million shares from the previous major shareholder, Chu Lin, for 20.76 yuan per share, representing a premium of approximately 15.2% over the closing price on the announcement date [3][5][8]. - After the transfer, the Chengxin Fund will hold 29.9% of Xinyaqiang's total shares, making it the largest shareholder, while Chu Lin's stake will decrease to 16.09% [5][6]. Company Background - Xinyaqiang, established in 1992 and listed on the Shanghai Stock Exchange in September 2020, specializes in silicone functional additives and phenyl chlorosilane, with its products integrated into the semiconductor and new energy supply chains [7][8]. - The company's core product, hexamethyldisilazane, is recognized as a key material in chip photolithography processes [7]. Industry Context - The change in control comes amid a supply-demand adjustment in the silicone industry, with companies planning a 30% production cut starting in December [8][9]. - Xinyaqiang's performance has been declining, with a significant drop in revenue and net profit since 2022 due to rapid capacity expansion in the industry [8][9][12]. Financial Performance - Xinyaqiang's revenue and net profit have fluctuated significantly over the past few years, with a peak in 2021 followed by a decline in subsequent years. For instance, the net profit for 2024 is projected at 114 million yuan, down over 60% from the 2021 peak [9][12]. - The company's gross margin has also decreased from 43.15% in 2021 to 20.77% in 2024 [9]. Management Transition - The transition of control is linked to challenges in management succession and declining performance. Initial leadership changes occurred in 2023, but the transition has not been smooth [13][14]. - The Handan Chengxin Fund has committed to maintaining control for at least 18 months and will not transfer control for seven years after acquiring it [16].

邯郸国资为此次交易开出了每股20.76元的转让单价，相比公告前一日16.48元的收盘价，溢价高达26%。 交易完成后，初亚军家族的持股比例从47.51%降至 17.61%，虽然不再是实际控制人，但仍是公司第二大股东。 这笔交易的付款安排异常高效。 根据协议，签署后1个工作日内支付1.9亿元定金，协议生效后15个工作日内支付3.8亿元，取得交易所合规性确认后5个工作 日内支付12亿元，股份过户完成后3个工作日内支付剩余尾款。 这种安排确保了初亚军家族能够迅速获得大部分转让款项。 为保障公司稳定过渡，交易双方都做出了重要承诺。 城欣基金承诺取得控制权后7年内不转让控制权，18个月内不转让所持股份；初亚军家族方面则承诺不 谋求公司控制权。 新亚强并非一家普通化工企业，而是在有机硅精细化学品领域具有全球竞争力的"隐形冠军"。 公司核心产品"六甲基二硅氮烷"作为光刻胶助粘剂，成功打 破了日本化学巨头在该领域的垄断。 在技术方面，新亚强自主研发的"无溶剂法"专利技术实现了突破，使其生产的电子级六甲基二硅氮烷纯度高达99.95%，远超行业标准。 这一技术突破不仅 填补了国内空白，更使新亚强成为全球少数能稳定供应半导体级六甲 ...