证券代码：603599 证券简称：广信股份 公告编号：2025-004 安徽广信农化股份有限公司 关于 2024 年度利润分配预案的公告 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： A 股每 10 股派发现金红利 2.7 元 本次利润分配以实施权益分派股权登记日登记的总股本为基数，具体 日期将在权益分派实施公告中明确。 一、利润分配方案内容 经容诚会计师事务所（特殊普通合伙）审计，安徽广信农化股份有限公司（ 以下简称"公司"）本报告期内实现归属于上市公司股东的净利润为 778,737,899.57元，期末可供分配利润为6,448,628,239.68元。经董事会决议， 公司2024年年度拟以实施权益分派股权登记日登记的总股本为基数分配利润。本 次利润分配方案如下： 公司拟向全体股东每 10 股派发现金红利 2.7 元（含税）。截至 2024 年 12 月 31 日 ， 公 司 总 股 本 910,269,345 股 ， 以 此 计 算 合 计 拟 派 发 现 金 红利 245,772,723.15 元 ...

Financial Performance - The company's total revenue for 2024 was approximately ¥4.64 billion, a decrease of 20.88% compared to ¥5.87 billion in 2023[22]. - Net profit attributable to shareholders for 2024 was approximately ¥778.74 million, down 45.88% from ¥1.44 billion in 2023[22]. - The net cash flow from operating activities for 2024 was approximately ¥535.30 million, a decline of 26.92% compared to ¥732.49 million in 2023[23]. - The total assets at the end of 2024 were approximately ¥14.66 billion, a decrease of 5.51% from ¥15.52 billion at the end of 2023[23]. - The net assets attributable to shareholders increased by 2.33% to approximately ¥9.71 billion at the end of 2024, compared to ¥9.48 billion at the end of 2023[23]. - The company reported a decrease in net profit after deducting non-recurring gains and losses, which was approximately ¥702.85 million, down 45.92% from ¥1.30 billion in 2023[22]. - Basic earnings per share fell by 45.57% to 0.86 RMB per share[26]. - The weighted average return on equity decreased by 7.66 percentage points to 8.08%[24]. - The gross profit margin for the pesticide and pesticide intermediates segment was 30.74%, reflecting a decrease of 6.72 percentage points compared to the previous year[55]. - The company reported a significant decline in financing cash flow, which decreased by 79.18% to approximately ¥180 million from ¥864 million year-on-year[50]. Dividend Policy - The company plans to distribute a cash dividend of ¥2.7 per 10 shares, totaling approximately ¥245.77 million, based on a total share capital of 910,269,345 shares[6]. - The company maintains a stable profit distribution policy, prioritizing cash dividends, with a minimum cash distribution of 30% of the average distributable profit over three consecutive years when conditions are met[144]. - In the event of significant capital expenditures, the minimum cash dividend ratio is set at 40% for mature companies and 20% for growth-stage companies[144]. - The independent directors are responsible for ensuring that the cash dividend policy is executed properly and that minority shareholders' rights are protected[148]. - Over the last three fiscal years, the cumulative cash dividend amount (including tax) reached 1,637,266,335.85 RMB, with a cash dividend ratio of 107.13% based on the average annual net profit of 1,528,249,614.01 RMB[152]. Market Conditions and Challenges - The company faced challenges such as supply-demand imbalance and price fluctuations in the global pesticide market[34]. - The decline in product prices and sales volume significantly impacted profitability[25]. - During the reporting period, pesticide prices remained in a downward trend due to high shipping costs, changes in customer ordering strategies, and increased competition from low-cost Indian pesticides[39]. - The agricultural chemical market is expected to stabilize due to rigid demand for food and the expansion of planting areas in South America, despite current price adjustments[38]. - The company is navigating a period of industry adjustment and increased market competition[34]. Research and Development - The company has invested in a 4,000 square meter R&D center, enhancing its research capabilities and fostering partnerships with academic institutions[45]. - The company has developed several core technologies, including DAP/HAP impurity control and thiocyanate reaction technology, positioning itself as a leader in production technology within the industry[44]. - The company has established a technical center since 2003, focusing on research and development, and has completed the construction of a new R&D building in 2022 to enhance production-related research[85]. - The company has a performance evaluation system for senior management, which includes comprehensive assessments based on annual performance, management capabilities, and employee evaluations[153]. Governance and Compliance - The company has established a sound internal control system and governance structure, ensuring compliance with relevant laws and regulations[116]. - The board of directors has effectively made decisions on significant matters such as capital increases and director appointments, maintaining shareholder rights[116]. - The company has not faced any penalties from securities regulatory agencies in the past three years, indicating compliance with regulations[129]. - The company has not disclosed any major differences in governance compared to regulatory requirements, indicating compliance[117]. - The company has established a policy to communicate with shareholders, especially minority shareholders, to gather their opinions before finalizing cash dividend proposals[145]. Environmental Responsibility - The company invested 97.1625 million yuan in environmental protection during the reporting period[158]. - The company has established a dedicated pollution control facility that ensures stable and compliant emissions[161]. - The company has implemented environmental impact assessments and related work for construction projects in compliance with regulations[163]. - The company is actively promoting green development, focusing on waste reduction and improving air quality management[168]. - The company has established an energy management office to enhance energy utilization and carbon emission management[169]. Production and Supply Chain - The company has established a comprehensive production system for pesticide raw materials and intermediates, making it one of the few specialized manufacturers in the industry[40]. - The company has a total production capacity of 320,000 tons/year for phosgene, making it the largest among private pesticide enterprises in China[77]. - The company adopts an "order-driven + safety stock" business model, with sales being the central focus of its operations[78]. - The company has implemented strict quality management for procurement, requiring new suppliers to pass three verification procedures before being included in the qualified supplier list[83]. - The company has a dynamic management system for supplier assessment, focusing on qualifications, supply capacity, pricing, and quality assurance[84]. Strategic Initiatives - The company aims to enhance its supply chain autonomy and product offerings by leveraging its phosgene resources and expanding its product structure[42]. - The company intends to pursue mergers and acquisitions to enhance its product line and market share, focusing on strategic timing and complementary advantages[108]. - The company is actively expanding its market presence and product lines, focusing on innovation and technology advancement to maintain competitive advantages[85]. - The company plans to expand its market share by strengthening its brand and accelerating the development of new sales channels, targeting international markets such as the USA, Brazil, and Argentina[102]. Workforce and Management - The company employed a total of 2,015 staff, with 871 in the parent company and 1,143 in major subsidiaries[138]. - The workforce includes 1,680 production personnel, 33 sales personnel, 22 technical staff, 21 financial staff, and 259 administrative staff[138]. - The company’s management structure includes experienced professionals with backgrounds in finance, engineering, and management, enhancing operational efficiency[124]. - The remuneration for senior management is linked to annual performance evaluations, ensuring alignment with the company's operational goals[127].

Financial Performance - The company's operating revenue for Q1 2025 was CNY 981,790,598.51, a decrease of 19.22% compared to CNY 1,215,462,107.45 in the same period last year[4] - Net profit attributable to shareholders was CNY 160,987,170.77, down 28.50% from CNY 225,164,722.64 year-on-year[4] - Basic earnings per share were CNY 0.18, reflecting a decline of 28.00% from CNY 0.25 in the same period last year[4] - The decline in revenue and profit was primarily due to a decrease in sales prices and volumes of major products[7] - Operating profit for Q1 2025 was CNY 180,915,670.76, down from CNY 246,847,751.75 in the same period last year, reflecting a decline of approximately 27%[20] - The total comprehensive income for Q1 2025 was CNY 160,987,170.77, down from CNY 220,549,007.88 in Q1 2024, indicating a decline of about 27%[21] Cash Flow and Assets - The net cash flow from operating activities decreased by 52.03%, amounting to CNY 103,495,318.82 compared to CNY 215,745,154.49 in the previous year[4] - Cash flow from operating activities for Q1 2025 was CNY 103,495,318.82, a decrease of 52% compared to CNY 215,745,154.49 in Q1 2024[25] - Total cash inflow from investment activities in Q1 2025 was CNY 2,756,794,667.59, down from CNY 3,549,971,586.99 in Q1 2024[24] - Cash flow from financing activities in Q1 2025 resulted in a net outflow of CNY 195,622,442.28, compared to a net outflow of CNY 421,993,513.53 in Q1 2024[26] - The total cash and cash equivalents at the end of Q1 2025 was CNY 1,116,536,434.06, down from CNY 6,900,931,002.74 at the end of Q1 2024[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 14,564,743,581.40, a slight decrease of 0.66% from CNY 14,661,310,074.44 at the end of the previous year[5] - Current assets totaled RMB 8,600,538,001.38 as of March 31, 2025, down from RMB 9,851,459,919.72 at the end of 2024[14] - Non-current assets increased to RMB 5,964,205,580.02 as of March 31, 2025, compared to RMB 4,809,850,154.72 at the end of 2024[15] - Total liabilities decreased to RMB 4,694,777,398.49 as of March 31, 2025, from RMB 4,956,252,497.70 at the end of 2024[16] - Shareholders' equity increased to RMB 9,869,966,182.91 as of March 31, 2025, compared to RMB 9,705,057,576.74 at the end of 2024[16] Expenses - Total operating costs for Q1 2025 were RMB 826,145,617.82, down 14.2% from RMB 963,512,691.46 in Q1 2024[19] - Operating costs included RMB 682,560,944.35 in cost of goods sold for Q1 2025, a decrease of 17.4% from RMB 826,715,159.76 in Q1 2024[19] - Research and development expenses for Q1 2025 were CNY 51,382,661.16, a decrease of 30% from CNY 73,909,641.06 in Q1 2024[20] - Sales expenses increased to CNY 11,905,240.76 in Q1 2025, compared to CNY 10,706,706.58 in Q1 2024, reflecting an increase of approximately 11%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period was 19,184[9] - The equity attributable to shareholders increased by 1.70% to CNY 9,869,966,182.91 from CNY 9,705,057,576.74 at the end of the previous year[5] Gains and Losses - Non-recurring gains and losses totaled CNY 35,379,372.01, with a tax impact of CNY 6,243,418.59[6] - The company reported a significant increase in investment income, reaching CNY 34,053,467.93 in Q1 2025, compared to a loss of CNY 62,917,785.69 in Q1 2024[20] - The company reported a significant increase in accounts receivable, which rose to RMB 134,960,422.45 in Q1 2025 from RMB 93,972,329.01 in Q1 2024[14]

证券代码：603599 证券简称：广信股份 公告编号：2025-001 会议召开时间：2025 年 04 月 29 日 （星期二） 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： https://roadshow.sseinfo.com/） 安徽广信农化股份有限公司（以下简称"公司"）已于 2025 年 4 月 28 日发布公司 2024 年度报告，为便于广大投资者更全面深入 地了解公司 2024 年度经营成果、财务状况，公司计划于 2025 年 04 月 29 日 （星期二） 15:00-16:00 举行 2024 年度暨 2025 年第一季 度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 安徽广信农化股份有限公司 关于召开 2024 年度暨 2025 年第一季度业绩说明会 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法律责任。 重要内容提示： （三） 会议召开方式：上证路演中心网络互动 三、 参加人员 董事长、总经理：黄金祥 财务总监：何王珍 本次投资者说明会以网络互动形式召开，公司 ...

Investment Rating - The report maintains a "Buy" rating for several companies including China Petroleum & Chemical Corporation, China National Offshore Oil Corporation, and others [9]. Core Viewpoints - The report highlights significant price increases in sulfur and urea, suggesting continued attention on the crude oil, titanium dioxide, and tire sectors [1][6]. - The impact of U.S. tariff policies has led to a rapid decline in crude oil prices, with WTI and Brent crude prices dropping by 10.63% and 10.93% respectively [6][22]. - The chemical sector is experiencing mixed performance, with some sub-sectors like tires and upstream mining showing strong results, while others are under pressure due to capacity expansions and weak demand [7][21]. Summary by Sections Chemical Industry Investment Suggestions - The report discusses the influence of U.S. tariffs on crude oil prices and recommends focusing on undervalued, high-dividend companies like Sinopec and CNOOC [6][22]. - It notes that the chemical product prices are rebounding as downstream demand improves, with significant increases in sulfur (9.17%) and urea (7.53%) [19][21]. - The report emphasizes the importance of identifying leading companies in sub-sectors that are likely to see valuation recovery, such as Wanhua Chemical and Longbai Group [8][21]. Price Movements - The report details the price movements of various chemical products, highlighting both increases and decreases in prices across different categories [19][21]. - It notes that while some products like sulfur and urea have seen price increases, others like methyl isocyanate and domestic naphtha have experienced declines [5][19]. Key Companies and Earnings Forecast - The report provides a detailed earnings forecast for key companies, indicating expected EPS growth and PE ratios for 2023 to 2025, with a consistent "Buy" rating across the board [9]. - Companies highlighted include Senqcia, Sinopec, and Yanguang Chemical, all of which are expected to show positive earnings growth in the coming years [9].

2025 年 03 月 16 日 行业研究 评级：推荐(维持) 研究所： 证券分析师： 李永磊 S0350521080004 liyl03@ghzq.com.cn 证券分析师： 董伯骏 S0350521080009 dongbj@ghzq.com.cn 联系人 ： 仲逸涵 S0350123070022 zhongyh@ghzq.com.cn [Table_Title] 欧美 MDI 厂商发布涨价函，关注铬盐在军工领 域的应用 ——基础化工行业周报 最近一年走势 | 行业相对表现 | | | 2025/03/14 | | --- | --- | --- | --- | | 表现 | 1M | 3M | 12M | | 基础化工 | 4.1% | 0.5% | 9.7% | | 沪深 300 | 1.7% | 1.9% | 12.5% | 相关报告 《基础化工行业周报：振华股份铬盐价格上涨，中 策橡胶 IPO 过会（推荐）*基础化工*李永磊，董伯 骏》——2025-02-16 《基础化工行业周报：轮胎原材料价格指数走低， 赛轮轮胎拟扩建柬埔寨工厂（推荐）*基础化工*李 永磊，董伯骏》——2025-01-12 《基 ...

证券代码：603599 证券简称：广信股份 公告编号：2024-044 安徽广信农化股份有限公司 关于对全资子公司进行增资的公告 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： 增资标的名称：安徽东至广信农化有限公司（以下简称"东至广信"） 特别风险提示: 本次对全资子公司的增资符合公司战略布局规划及业务 发展需要，但仍然面临市场、经营、管理等各方面不确定因素带来的风险。敬请 广大投资者注意投资风险。 安徽广信农化股份有限公司（以下简称"公司"）第六届董事会第三次会 议审议通过了《关于对全资子公司进行增资的议案》。现将有关情况公告如下： 一、本次增资事项概述 （一）本次增资的基本情况 根据公司整体战略布局的规划以及业务发展的需要，公司拟以自有资金向全 资子公司东至广信增资 200,000.00 万元，增资完成后，公司仍持有其 100%的股 权，东至广信仍为公司全资子公司。 （二）公司于 2024 年 12 月 18 日召开了第六届董事会第三次会议，审议通 过了《关于对全资子公司进行增资的议案》。根据《上海 ...

表决结果：9 票赞成，0 票反对，0 票弃权。 二、审议通过《关于制订公司<舆情管理制度>的议案》。 为提高公司应对各类舆情的能力，建立快速反应和应急处置机制，根据相关 规定，公司结合实际情况，拟制定《安徽广信农化股份有限公司舆情管理制度》。 第六届董事会第三次会议决议公告 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。 安徽广信农化股份有限公司（以下简称"公司"）第六届董事会第三次会议 于 2024 年 12 月 18 日在公司召开。会议应到董事 9 人，实到董事 9 人，公司监 事和高级管理人员列席了会议。本次会议的召集、召开及表决程序符合《公司法》、 《公司章程》及公司《董事会议事规则》等有关规定。会议由董事长黄金祥先生 主持，经与会董事审议，表决通过了如下决议： 一、审议通过《关于对全资子公司进行增资的议案》 根据公司整体战略布局的规划以及业务发展的需要，同意公司向全资子公司 东至广信增资 200,000.00 万元人民币，增资完成后，公司仍持有其 100%的股权， 东至广信仍为公司全资子公司。 证券代码：6035 ...

安徽广信农化股份有限公司 舆情管理制度 安徽广信农化股份有限公司 舆情管理制度 （经 2024 年 12 月公司董事会审议通过） 第一章 总则 第一条 为提高安徽广信农化股份有限公司（以下简称"公司"）应对各类舆情 的能力，建立快速反应和应急处置机制，及时、妥善处理各类舆情对公司股价、公 司商业信誉及正常生产经营活动造成的影响，切实保护投资者合法权益，根据相关 法律、法规和规范性文件的规定及《安徽广信农化股份有限公司章程》（以下简称 《公司章程》），结合公司实际情况，制定本制度。 第二条 本制度所称舆情包括： （一）报刊、电视、网络等媒体对公司进行的负面报道； （二）社会上存在的已经或将给公司造成不良影响的传言或信息； （三）可能或者已经影响社会公众投资者投资取向，造成股价异常波动的信息； （四）其他涉及公司信息披露且可能对公司股票及其衍生品交易价格产生较大 影响的事件信息。 第三条 公司舆情管理应坚持"科学应对、突出导向、注重实效"的总体原则， 有效引导内部舆论和社会舆论，避免和消除因媒体可能对公司造成的各种负面影响， 切实维护公司的利益和形象。 第二章 舆情管理的组织体系及其工作职责 第四条 公司应对各类 ...

证券代码：603599 证券简称：广信股份 公告编号：2024-042 安徽广信农化股份有限公司 关于变更签字注册会计师的公告 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。 安徽广信农化股份有限公司（以下简称"公司"）于 2024 年 4 月 25 日召开 公司第五届董事会第十九次会议及 2024 年 6 月 7 日召开 2023 年年度股东大会， 审议通过了《关于续聘会计师事务所的议案》，同意续聘容诚会计师事务所(特殊 普通合伙)（以下简称"容诚"）为公司 2024 年度财务报表审计和内部控制审计 的会计师事务所。具体内容详见公司于 2024 年 4 月 26 日在上海证券交易所网站 （http://www.sse.com.cn）披露的《关于续聘会计师事务所的公告》（公告编号： 2024-012）。 近日，公司收到容诚送达的《关于变更签字注册会计师的函》，现将相关变 更情况公告如下： 一、本次签字会计师变更的基本情况 容诚作为公司 2024 年度审计机构，原委派鲍灵姬、孙青、杨卓凡作为签字 注册会计师为公司提供 20 ...