Core Viewpoint - New Feng Ming (SH 603225) announced plans for share reduction by several executives due to personal funding needs, which may impact investor sentiment and stock performance [1] Group 1: Share Reduction Plans - Executive Xu Jizhong plans to reduce holdings by up to 2 million shares, representing 0.1312% of total shares and approximately 15.95% of his direct holdings [1] - Executive Yang Jianfei also intends to reduce holdings by up to 2 million shares, accounting for 0.1312% of total shares and about 16.30% of his direct holdings [1] - Vice President Zhao Chuncai plans to reduce holdings by approximately 48,000 shares, which is 0.0031% of total shares and around 15.93% of his direct holdings [1] - Vice President Guan Yongyin plans to reduce holdings by approximately 11,000 shares, representing 0.0007% of total shares and about 7.33% of his direct holdings [1] - Vice President Zheng Yongwei intends to reduce holdings by approximately 37,000 shares, accounting for 0.0024% of total shares and about 14.50% of his direct holdings [1] - Vice President Li Guoping plans to reduce holdings by approximately 41,000 shares, which is 0.0027% of total shares and around 15.0073% of his direct holdings [1] - Vice President Lin Zhenyong intends to reduce holdings by approximately 11,000 shares, representing 0.0007% of total shares and about 7.33% of his direct holdings [1] - Financial Officer Shen Sunqiang plans to reduce holdings by up to 9,700 shares, accounting for 0.0006% of total shares and about 7.46% of his direct holdings [1] Group 2: Company Financials - For the first half of 2025, New Feng Ming's revenue composition is as follows: 86.1% from chemical fibers, 13.89% from petrochemicals, and 0.01% from other businesses [2] - As of the latest report, New Feng Ming's market capitalization stands at 22.9 billion yuan [2]

人民财讯10月21日电，新凤鸣（603225）10月21日公告，因个人资金需求，15个交易日后的3个月内， 董事兼副总裁许纪忠、董事兼副总裁兼董事会秘书杨剑飞、副总裁赵春财、副总裁管永银、副总裁郑永 伟、副总裁李国平、副总裁林镇勇、财务负责人沈孙强拟通过集中竞价方式，分别减持公司股份不超过 200万股、200万股、4.8万股、1.1万股、3.7万股、4.1万股、1.1万股、9700股。以上计划减持股份合计 不超415.77万股，占公司总股本的0.27%。 ...

证券代码：603225 证券简称：新凤鸣 公告编号：2025-097 新凤鸣集团股份有限公司 部分董事及高级管理人员减持股份计划公告 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： 部分董事及高级管理人员持股的基本情况 截至本公告披露日，新凤鸣集团股份有限公司（以下简称"公司"）董事兼 副总裁许纪忠先生持有公司股票 12,535,976 股，占公司总股本的 0.8223%；董事 兼副总裁兼董事会秘书杨剑飞先生持有公司股票 12,269,727 股，占公司总股本的 0.8048%；副总裁赵春财先生持有公司股票 301,300 股，占公司总股本的 0.0198%； 副总裁管永银先生持有公司股票 150,000 股，占公司总股本的 0.0098%；副总裁 郑永伟先生持有公司股票 255,100 股，占公司总股本的 0.0167%；副总裁李国平 先生持有公司股票 273,200 股，占公司总股本的 0.0179%；副总裁林镇勇先生持 有公司股票 150,000 股，占公司总股本的 0.0098%；财务负责人沈 ...

格隆汇10月21日丨新凤鸣(603225.SH)公布，因个人资金需求，自本公告披露之日起15个交易日后的3个 月内，公司董事兼副总裁许纪忠先生拟通过集中竞价方式减持所持公司股份不超过200万股，占公司总 股本的0.1312%，占其直接持有股份总数的15.9541%；公司董事兼副总裁兼董事会秘书杨剑飞先生拟通 过集中竞价方式减持所持公司股份不超过200万股，占公司总股本的0.1312%，占其直接持有股份总数 的16.3003%；公司副总裁赵春财先生拟通过集中竞价方式减持所持公司股份不超过4.8万股，占公司总 股本的0.0031%，占其直接持有股份总数的15.9310%；公司副总裁管永银先生拟通过集中竞价方式减持 所持公司股份不超过1.1万股，占公司总股本的0.0007%，占其直接持有股份总数的7.3333%；公司副总 裁郑永伟先生拟通过集中竞价方式减持所持公司股份不超过 3.7万股，占公司总股本的0.0024%，占其 直接持有股份总数的14.5041%；公司副总裁李国平先生拟通过集中竞价方式减持所持公司股份不超过 4.1万股，占公司总股本的0.0027%，占其直接持有股份总数的15.0073%；公司副总裁林镇勇 ...

格隆汇10月21日丨新凤鸣(603225.SH)公布，因个人资金需求，自本公告披露之日起15个交易日后的3个 月内，公司董事兼副总裁许纪忠先生拟通过集中竞价方式减持所持公司股份不超过200万股，占公司总 股本的0.1312%，占其直接持有股份总数的15.9541%；公司董事兼副总裁兼董事会秘书杨剑飞先生拟通 过集中竞价方式减持所持公司股份不超过200万股，占公司总股本的0.1312%，占其直接持有股份总数 的16.3003%；公司副总裁赵春财先生拟通过集中竞价方式减持所持公司股份不超过4.8万股，占公司总 股本的0.0031%，占其直接持有股份总数的15.9310%；公司副总裁管永银先生拟通过集中竞价方式减持 所持公司股份不超过1.1万股，占公司总股本的0.0007%，占其直接持有股份总数的7.3333%；公司副总 裁郑永伟先生拟通过集中竞价方式减持所持公司股份不超过 3.7万股，占公司总股本的0.0024%，占其 直接持有股份总数的14.5041%；公司副总裁李国平先生拟通过集中竞价方式减持所持公司股份不超过 4.1万股，占公司总股本的0.0027%，占其直接持有股份总数的15.0073%；公司副总裁林镇勇 ...

证券之星消息，10月20日化学纤维板块较上一交易日上涨0.62%，神马股份领涨。当日上证指数报收于 3863.89，上涨0.63%。深证成指报收于12813.21，上涨0.98%。化学纤维板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 600810 | 神马股份 | 10.57 | 4.45% | 54.84万 | | 5.70亿 | | 000949 | 新乡化纤 | 4.27 | 4.40% | 49.63万 | | 2.09亿 | | 300876 | 蒙泰尚新 | 27.69 | 3.59% | 2.34万 | 6513.40万 | | | 603073 | 彩蝶实业 | 17.55 | 2.09% | 1.45万 | 2519.38万 | | | 301057 | 汇隆新材 | 23.11 | 2.08% | 1.50万 | 3490.57万 | | | 600370 | 三房巷 | 2.04 | 2.00% | 22.28万 | 4507.46万 ...

证券研究报告 2 ◼ 【国内外重点炼化项目价差跟踪】国内重点大炼化项目本周价差为2636元/吨，环比+122元/吨（环比+5%）；国 外重点大炼化项目本周价差为1219元/吨，环比+67元/吨（环比+6%）。 ◼ 【聚酯板块】本周POY/FDY/DTY行业均价分别为6521/6696/7786元/吨，环比分别-121/-100/-89元/吨， POY/FDY/DTY行业周均利润为126/-24/102元/吨，环比分别+4/+18/+25元/吨，POY/FDY/DTY行业库存为 16.8/26.1/31.5天，环比分别+3.2/+2.0/+2.6天，长丝开工率为91.1%，环比-0.0pct。下游方面，本周织机开工 率为64.1%，环比+0.0pct，织造企业原料库存为10.2天，环比-1.9天，织造企业成品库存为25.8天，环比-0.2天。 ◼ 【炼油板块】国内成品油:本周汽油/柴油/航空煤油价格下跌。美国成品油:本周美国汽油/柴油/航煤价格下跌。 ◼ 【化工板块】本周PX均价为787.6美元/吨，环比-16.0美元/吨，较原油价差为332.2美元/吨，环比+4.3美元/吨， PX开工率为87.5%，环比-0 ...

Investment Rating - The industry investment rating is "Positive" as indicated by the report's outlook on the refining sector [153]. Core Insights - The report highlights an increase in demand for winter thermal fabrics, leading to a slight improvement in long filament profitability [2]. - The Brent crude oil average price for the week ending October 17, 2025, was $62.37 per barrel, reflecting a decrease of 4.26% from the previous week [2]. - The domestic key refining project price difference was 2425.56 CNY/ton, with a week-on-week increase of 21.37 CNY/ton (+0.89%) [3]. - The report notes that the international oil price experienced fluctuations due to trade tensions and economic concerns, impacting the overall market sentiment [14]. Summary by Sections Refining Sector - The report discusses the impact of U.S.-China trade tensions on oil prices, with Brent and WTI prices at $61.29 and $57.54 per barrel respectively, showing declines of $1.44 and $1.36 from the previous week [14]. - Domestic refined oil prices have slightly decreased, but the price differentials have improved [14]. - The report tracks the stock performance of six major refining companies, with notable declines in stock prices for several companies over the past week [140]. Chemical Sector - The chemical products in the petrochemical downstream faced price declines due to weak cost support, with polyolefin prices showing slight fluctuations [2]. - EVA demand remains weak, leading to price adjustments and a slight narrowing of price differentials [2]. - The report indicates that pure benzene prices have slightly decreased, but price differentials have improved [2]. Polyester & Nylon Sector - The report notes a decrease in polyester chain product prices due to weak cost support, with PX, MEG, and PTA prices all declining [89]. - The demand for polyester long filaments has increased due to colder temperatures in northern regions, although prices have slightly decreased [110]. - Nylon fiber prices have also shown weakness, with average prices for POY, FDY, and DTY all declining [120].

证券之星消息，10月16日化学纤维板块较上一交易日下跌1.45%，南京化纤领跌。当日上证指数报收于 3916.23，上涨0.1%。深证成指报收于13086.41，下跌0.25%。化学纤维板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 603406 | 天富龙 | 50.50 | 3.38% | 8.34万 | | 4.16亿 | | 002064 | 华峰化学 | 8.76 | 0.46% | 24.51万 | | 2.15亿 | | 603225 | 新凤鸣 | 15.30 | 0.13% | 11.14万 | | 1.72亿 | | 300876 | 蒙泰高新 | 27.20 | -0.22% | 2.26万 | 6136.72万 | | | 603382 | 海阳科技 | 34.97 | -0.60% | 1.23万 | 4288.29万 | | | 000782 | 恒申新材 | 5.83 | -0.68% | 28.34万 | | 1.69亿 | ...

| 股票代码：603225 | 股票简称：新凤鸣 | | | 公告编号：2025-096 | | --- | --- | --- | --- | --- | | 转债代码：113623 | 转债简称：凤 | 21 | 转债 | | 新凤鸣集团股份有限公司 关于 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。 一、说明会类型 本次业绩说明会以网络方式举行，公司管理层就公司 2025 年半年度业绩等情况 与投资者进行了互动交流。 二、说明会召开的时间、地点 本次说明会于 2025 年 10 月 15 日(星期三)上午 10:00－11:00 通过上海证券交易 所上证路演中心（网址：https://roadshow.sseinfo.com/）进行在线交流。 三、参加人员 公司：董事长兼总裁庄耀中先生；副总裁兼董事会秘书杨剑飞先生；财务总监 沈孙强先生；独立董事宋爱军女士等。 四、投资者参加方式 本次业绩说明会的主要内容详见附件。 特此公告。 新凤鸣集团股份有限公司董事会 2025 年 10 ...