关于辽宁鼎际得石化股份有限公司 2024 年年度报告的 信息披露监管问询函回复的核查意见 上海证券交易所： 根据贵所《关于辽宁鼎际得石化股份有限公司 2024 年年度报告的信息披露 监管问询函》（上证公函【2025】0752 号，以下简称"问询函"）的要求，国泰海 通证券股份有限公司（以下简称"国泰海通证券"或"保荐机构"）作为辽宁鼎 际得石化股份有限公司（以下简称"公司"或"上市公司"）首发上市持续督导 保荐机构，对问询函中需保荐机构发表意见的事项进行了审慎核查，并出具核查 意见如下： 一、关于非经营性资金占用及非标意见 年报及相关公告显示，公司 2024 年财务报告和内控报告分别被出具保留意 见、带强调事项段的无保留意见，系因公司控股子公司辽宁鼎际得石化科技有限 公司（以下简称石化科技）以支付货款等方式将 3.05 亿元划转给营口卫通商贸 有限公司（以下简称卫通商贸）等 9 家商贸公司用于物资采购，其中 2.01 亿元 实际划转给辽宁鼎际得企业管理有限公司、辽宁峻盛企业管理有限公司，最终全 部用于对石化科技的出资，构成资金占用。公司称，截至年报披露日，前述资金 占用款及利息已全部清偿。此外，2025 年第 ...

Core Insights - The report predicts that Brent crude oil prices will fluctuate around $65-70 per barrel in the second half of 2025, driven by tight supply and slow demand growth, with potential short-term spikes due to geopolitical factors [4][9] - The petrochemical industry is expected to gradually recover from its bottoming out phase, returning to a normal capacity cycle constrained by credit boundaries, leading to a slow recovery in profitability in 2025 and beyond [4][10] - Investment opportunities are highlighted in high-quality growth stocks, coal chemical equipment investments, and high-dividend sectors, emphasizing a bottom-up investment approach [4][10] Oil Price Trends - Oil prices experienced a two-phase trend in 2025: a decline from $74.64 to $60.23 per barrel (down 19.31%) until May 3, followed by a recovery to $77.01 per barrel (up 27.86%) after May 3 due to seasonal demand and geopolitical tensions [7][25] - The report indicates that global oil supply remains tight, with non-OECD countries contributing to demand growth, which will limit the extent of price declines [9][27] Industry Performance - Global refining capacity is projected to grow by 440,000 barrels per day from 2022 to 2028, with China contributing significantly to this increase [27][33] - The report notes that domestic refined oil demand is nearing its peak, with a decline in consumption due to economic weakness and competition from electric vehicles [39][45] - The petrochemical sector is experiencing a weak recovery, with some chemical products showing improved profitability despite high raw material costs [8][45] Investment Themes - The report emphasizes four main investment themes: 1. Quality growth and leading companies in the industry experiencing volume and price increases [10] 2. Opportunities in high-end materials and technology import substitution [10] 3. Investments related to the upcoming coal chemical investment cycle [10] 4. High dividend yielding state-owned enterprises benefiting from economic recovery [10][11] Recommendations - Key investment targets include leading companies in ethylene production, coal chemical leaders, and high dividend stocks such as China National Offshore Oil Corporation and China Petroleum [11][10] - The report suggests focusing on companies that are positioned to benefit from the recovery in domestic demand and the transition to high-end materials [11][10]

Core Viewpoint - The company, Dingjide Petrochemical Co., Ltd., has responded to the Shanghai Stock Exchange's inquiry regarding its 2024 annual report, particularly addressing issues related to non-operating fund occupation and audit opinions [1][2]. Financial Disclosure and Fund Occupation - The company reported a total of 305 million yuan (approximately 30.5 million) was transferred to nine trading companies for material procurement, with 201 million yuan (approximately 20.1 million) ultimately used as capital contributions to its subsidiary, leading to fund occupation [1][2]. - As of the report date, all occupied funds and interest have been fully repaid [1][2]. Internal Control Issues - The main responsibility for the fund occupation lies with the company's actual controller and chairman, Zhang Zaiming, along with other key personnel [3][4]. - The company identified weaknesses in its internal control systems, particularly in compliance and risk awareness, which contributed to the fund occupation [3][4]. Remedial Actions - The company has implemented several corrective measures, including the full repayment of the occupied funds and interest, totaling 20.1 million yuan and 6.7 million yuan (approximately 670,200) in interest, respectively [4][5]. - Internal disciplinary actions have been taken against responsible individuals, including issuing internal criticism and mandating compliance training for management and relevant personnel [5][6]. Future Safeguards - The company has strengthened its internal control measures, particularly in fund management and procurement processes, to prevent future occurrences of fund occupation [6][10]. - Enhanced training on compliance and governance for all levels of management has been initiated to ensure adherence to regulations and internal policies [5][6]. Related Transactions - The company disclosed details of its transactions with trading companies, including procurement amounts and payment statuses, indicating a total procurement of 1,042.31 million yuan (approximately 104.2 million) and payments of 1,483.18 million yuan (approximately 148.3 million) [7][9]. - The company has also clarified that the historical transactions with the trading companies did not initially classify them as related parties due to the absence of overlapping management and ownership structures [11][12].

辽宁鼎际得石化股份有限公司独立董事 关于上海证券交易所问询函所涉事项的独立意见 根据中国证监会《上市公司独立董事管理办法》《上海证券交易所股票上市 规则》以及《公司章程》等有关规定,我们作为辽宁鼎际得石化股份有限公司(以 下简称"公司"）的独立董事,对上海证券交易所《关于辽宁鼎际得石化股份有 限公司 2024 年年度报告的信息披露监管问询函》(上证公函《2025》0752 号)(以 下简称"《监管问询函》")所涉及的相关事项予以了高度重视，本着客观、公平、 公正的原则,经认真核实《监管问询函》所涉及的相关事项并审阅相关资料,基 于独立判断的立场,现就相关问题发表如下独立意见: 一、关于非经营性资金占用及非标意见。 年报及相关公告显示,公司 2024 年财务报告和内控报告分别被出具保留意 见、带强调事项段的无保留意见,系因公司控股子公司辽宁鼎际得石化科技有限 公司（以下简称石化科技）以支付货款等方式将 3.05 亿元划转给营口卫通商贸 有限公司(以下简称卫通商贸)等9家商贸公司用于物资采购,其中 2.01 亿元 实际划转给辽宁鼎际德企业管理有限公司、辽宁峻盛企业管理有限公司,最终全 部用于对石化科技的出资,构成 ...

证券代码：603255 证券简称：鼎际得 公告编号：2025-029 辽宁鼎际得石化股份有限公司 关于上海证券交易所对公司 2024 年年度报告的信 息披露监管问询函的回复公告 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。 鼎际得公司于 2022 年 11 月出资设立子公司辽宁鼎际得石化科技有限公司 （以下简称石化科技、石化科技公司），拟投资建设 POE 高端新材料项目（以下 简称 POE 项目），因 POE 项目对资金需求较大，为取得 POE 项目银团借款需要项 目匹配相应出资，石化科技于 2024 年 4 月 17 日、2024 年 5 月 31 日向 9 家商贸 公司合计预付了 2.01 亿元物资款，后续通过一系列转账，最终作为辽宁鼎际德 企业管理有限公司、辽宁峻盛企业管理有限公司对石化科技的出资款，流回石化 科技，由此产生资金占用。资金占用发生的基本情况如下： | 资金收款方名称 | | | 转出时间 | | 转出金额（万元） | 转出方式 | | --- | --- | --- | --- | --- | --- ...

辽宁鼎际得石化股份有限公司 问询函专项说明 录 | 一、关于非经营性资金占用及非标意见………………………………………… 第 1―14 页 | | --- | | 二、关于在建工程……………………………………………………………… 第 14―26 页 | | 三、关于其他非流动资产… | | 四、关于主营业务… | | 五、关于偿债能力 | | 六、关于其他应收款 | 问询函专项说明 天健函〔 2025 〕11–22 号 上海证券交易所: 由辽宁鼎际得石化股份有限公司(以下简称鼎际得公司或公司)转来的《关 于辽宁鼎际得石化股份有限公司 2024年年度报告的信息披露监管问询函》（上 证公函(2025) 0752 号,以下简称问询函)奉悉。我们已对问询函中需要我们 说明的财务事项进行了审慎核查,现汇报说明如下。 一、关于非经营性资金占用及非标意见 年报及相关公告显示, 公司 2024年财务报告和内控报告分别被出具保留意 见、带强调事项段的无保留意见,系因公司控股子公司辽宁鼎际得石化科技有限 公司（以下简称石化科技）以支付货款等方式将 3.05 亿元划转给营口卫通商贸 有限公司（以下简称卫通商贸）等 9 家商贸公司用于 ...

Summary of Key Points Core Viewpoint - The company, Liaoning Dingjide Petrochemical Co., Ltd., has announced a guarantee for its subsidiary, Liaoning Dingjide Petrochemical Technology Co., Ltd., amounting to 145 million RMB, which is part of a larger total guarantee of 3.86 billion RMB for the subsidiary [1][8]. Group 1: Guarantee Details - The company provides a joint guarantee for a loan of 100 million RMB to the subsidiary, with a guarantee period of three years from the loan's maturity [2][6]. - The total external guarantee amount provided by the company and its subsidiaries is 4.31 billion RMB, which represents 272.76% of the audited net assets attributable to shareholders for the year 2024 [8]. - The company has not provided guarantees to its controlling shareholders or related parties, and there have been no overdue guarantees [8]. Group 2: Subsidiary Information - Liaoning Dingjide Petrochemical Technology Co., Ltd. is a controlled subsidiary, with the company holding a 52.67% stake [5][7]. - The subsidiary was established on November 9, 2022, with a registered capital of 150 million RMB [5][6]. - The subsidiary's business includes the manufacturing of new membrane materials and specialized chemical products [5][6]. Group 3: Internal Decision-Making - The guarantee has been approved by the company's board of directors and the annual general meeting, falling within the authorized limits set during the 2024 annual shareholders' meeting [7][8]. - The company plans to adjust the guarantee limits based on the actual operational needs of its subsidiaries, which is also within the approved scope [4][5]. Group 4: Financial Health - The subsidiary has a good credit status and is not listed as a dishonest executor [6][7]. - The financial indicators show that the total assets of the subsidiary are approximately 3.60 billion RMB, with total liabilities of about 2.46 billion RMB [6].

证券代码：603255 证券简称：鼎际得 公告编号：2025-028 辽宁鼎际得石化股份有限公司 关于为子公司提供担保的进展公告 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。 1、因经营发展需要，辽宁鼎际得石化股份有限公司（以下简称"公司"或 "鼎际得"）控股子公司石化科技与中国民生银行股份有限公司大连分行（以下 简称"民生银行大连分行"）签订《综合授信合同》（以下简称"主合同一"），石 化科技向民生银行大连分行申请贷款人民币 10,000 万元，贷款期限 12 个月。公 司为石化科技在主合同一项下人民币 10,000 万元的债务提供连带保证责任，担 保期限为自主合同一项下的债务履行期限届满之日起三年。 同时，石化科技的股东辽宁鼎际德企业管理有限公司和辽宁峻盛企业管理有 限公司为石化科技提供不超过人民币 10,000 万元的最高额保证担保。 2、公司控股子公司石化科技、委托人东北中小企业融资再担保股份有限公 司大连分公司（以下简称"东北再担保公司大连分公司"）与受托人吉林省信托 有限责任公司（以下简称"吉林信托"）签订《信托 ...

Core Viewpoint - On June 30, a total of 31 listed companies had their restricted shares unlocked, with a total market value of approximately 31.50 billion yuan [1]. Group 1: Unlocking Details - The specific details of the restricted share unlocks include: - Meili Ecology (000010): 239 million shares from A-share issuance to original shareholders - Xingrong Environment (000598): 4.926 million shares from equity incentive lock-up - Yueyang Xinchang (000819): 526,800 shares from equity incentive lock-up - Gaohong Co., Ltd. (000851): 4.944 million shares from equity incentive lock-up - Zhongyan Chemical (600328): 470,460 shares from equity incentive lock-up - Yangnong Chemical (600486): 115,480 shares from equity incentive lock-up - Kangyuan Pharmaceutical (600557): 2.6093 million shares from equity incentive lock-up - Keda Technology (002518): 1.3953 million shares from equity incentive lock-up - Longci Technology (300835): 562,700 shares from equity incentive lock-up - Weiming Environmental Protection (603568): 3.129 million shares from equity incentive lock-up - Dongrui Co., Ltd. (001201): 486,400 shares from A-share issuance to original shareholders - Sanwei Co., Ltd. (603033): 1.183 million shares from equity incentive lock-up - Naer Co., Ltd. (002825): 140,000 shares from equity incentive lock-up - Jinyinhe (300619): 1.6248 million shares from A-share issuance to legal persons - Tianyuan Environmental Protection (301127): 14.6 million shares with extended lock-up period - Youningwei (301166): 40.6188 million shares with extended lock-up period - Xutian Salt Industry (600929): 3.033 million shares from equity incentive lock-up - Keli Sensor (603662): 722,800 shares from equity incentive lock-up - Gongniu Group (603195): 641,200 shares from equity incentive lock-up - Fuyuan Pharmaceutical (601089): 27.5 million shares from pre-issue lock-up - Xinbang Intelligent (301112): 7.4097 million shares from pre-issue lock-up - Shanghai Port Bay (605598): 29,400 shares from equity incentive lock-up - Dingjide (603255): 507,500 shares from equity incentive lock-up - United Precision (001268): 6.154 million shares from pre-issue lock-up - Pinggao Co., Ltd. (688227): 48.9585 million shares - Chunli Medical (688236): 20.9 million shares - Zhongwulian (688297): 40.3 million shares - Lais Information (688631): 163,480 shares - Shichuang Energy (688429): 200,000 shares - Xindong Link (688582): 220,840 shares - Aike Saibo (688719): 100,000 shares [2].

Group 1 - The core viewpoint of the news is that the construction of the high-end new material project for POE by Liaoning Dingjide has reached a significant milestone with the successful installation of the T1402 stripping tower, marking the project entering the full construction phase of the main device [1] - The project includes the largest ethane-to-alpha-olefin facility in the country, with a capacity of 300,000 tons per year, and the installation process was completed in just six days through meticulous planning and execution [1] - The project team has implemented innovative management practices and established a strict quality control system to ensure high-quality and efficient construction, addressing challenges such as tight timelines and large engineering volumes [1] Group 2 - The Liaoning Dingjide POE high-end new material project is being constructed in two phases, with the first phase including a 200,000 tons per year POE joint device, a 300,000 tons per year alpha-olefin device, and a 400 Nm³/h electrolytic water hydrogen production unit [2] - Alpha-olefin is a key raw material for producing POE, and the project aims to address the domestic supply shortage of high-end products, which has long relied on imports [2] - The new process adopted in the project effectively resolves critical technical issues related to the impact of solid oligomers on heat and mass transfer in the polymerization reaction [2]