Core Viewpoint - The company, Xinhua Co., stated that its production and operational activities are currently running normally, with steady progress across various business segments [2] Group 1 - The company is actively engaging with investors through interactive platforms [2] - The company reassured investors about the stability of its business operations [2] - The company emphasized the steady advancement of its various business activities [2]

| 证券代码：603867 | 证券简称：新化股份 | 公告编号：2025-057 | | --- | --- | --- | | 转债代码：113663 | 转债简称：新化转债 | | 浙江新化化工股份有限公司 目前，公司正在中国证券登记结算有限责任公司上海分公司办理本次激励计 划所涉激励对象的限制性股票登记过户手续，并将在办理完成后及时履行信息披 露义务。 特此公告。 浙江新化化工股份有限公司董事会 关于股份性质变更暨 2025 年限制性股票激励计划权 益授予的进展公告 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 根据浙江新化化工股份有限公司（以下简称"公司"）2025 年第一次临时 股东会对董事会的授权，公司于 2025 年 10 月 16 日召开第六届董事会薪酬与考 核委员会第五次会议，审议通过了《关于向 2025 年限制性股票激励计划激励对 象授予限制性股票的议案》，董事会薪酬与考核委员会对授予日的激励对象名单 进行核实并发表了核查意见，并同意提交董事会审议，同日公司召开第六届董事 会第二十二次会议，审议通过了《关于向 2025 年限制性股票激励计划激励对象 授予限制性股票的 ...

Core Viewpoint - XinHua Co., Ltd. is a leading domestic low-carbon fatty amine producer, focusing on fine chemical products with a full industry chain advantage [1] Group 1: Business Performance - For Q3 2025, XinHua's revenue reached 2.197 billion yuan, ranking 18th among 79 companies in the industry, with the top company, Sinochem International, reporting 35.716 billion yuan [2] - The net profit for the same period was 217 million yuan, placing XinHua 9th in the industry, while the top performer, Hangyang Co., Ltd., reported a net profit of 850 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, XinHua's debt-to-asset ratio was 37.20%, down from 39.74% year-on-year, which is higher than the industry average of 34.74% [3] - The gross profit margin for Q3 2025 was 22.32%, an increase from 20.96% year-on-year, exceeding the industry average of 19.93% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 4.00% to 11,400, while the average number of circulating A-shares held per account decreased by 3.79% to 17,000 [5] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 300,200 shares to 1.6863 million shares [5] Group 4: Future Outlook - The company is expected to see a slight increase in revenue and net profit for the first half of 2025, with growth in fatty amine product revenue, although organic solvent prices have decreased [5] - Future net profit projections for 2025 to 2027 are 257 million yuan, 318 million yuan, and 384 million yuan, respectively, with a "buy" rating maintained by Guojin Securities [5]

Financial Performance - Operating revenue for the third quarter was CNY 715,114,009.02, an increase of 1.26% compared to the same period last year[4] - Total profit for the quarter reached CNY 62,675,213.27, representing a year-on-year increase of 21.87%[4] - Net profit attributable to shareholders was CNY 36,857,368.02, up 11.55% from the previous year[4] - The basic earnings per share for the quarter was CNY 0.19, a decrease of 5.56% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2025 reached ¥2,196,968,946.32, a slight increase from ¥2,189,097,845.56 in the same period of 2024, reflecting a growth of approximately 0.36%[16] - The company reported a net profit of ¥254,232,381.06 for the first three quarters of 2025, compared to ¥241,401,857.49 in 2024, representing an increase of about 5.31%[16] - The net profit for the first three quarters of 2025 was CNY 216,552,183.88, a slight increase from CNY 213,588,006.36 in the same period of 2024, representing a growth of approximately 1.4%[18] - Operating profit for the first three quarters of 2025 reached CNY 264,839,470.56, compared to CNY 250,183,931.17 in 2024, indicating an increase of about 5.9%[18] - Total revenue from sales of goods and services for the first three quarters of 2025 was CNY 2,213,420,385.04, up from CNY 2,073,150,781.51 in 2024, reflecting a growth of approximately 6.8%[19] Assets and Liabilities - Total assets as of September 30, 2025, amounted to CNY 4,485,835,458.82, reflecting a 3.16% increase from the end of the previous year[5] - Total current assets decreased to ¥1,938,171,862.99 in 2025 from ¥1,967,950,242.59 in 2024, indicating a decline of about 1.52%[13] - Total non-current assets increased to ¥2,547,663,595.83 in 2025 from ¥2,380,307,029.96 in 2024, showing an increase of approximately 7.04%[13] - Total liabilities decreased to ¥1,668,655,313.93 in 2025 from ¥1,754,677,424.67 in 2024, indicating a reduction of about 4.90%[14] - The equity attributable to shareholders increased to ¥2,519,612,743.92 in 2025 from ¥2,327,380,949.06 in 2024, reflecting a growth of approximately 8.25%[15] Cash Flow - The company reported a cash flow from operating activities of CNY 157,492,947.92 for the year-to-date, an increase of 5.83%[5] - The net cash flow from operating activities for the first three quarters of 2025 was CNY 157,492,947.92, compared to CNY 148,821,080.99 in 2024, showing an increase of about 5.5%[20] - The company incurred a net cash outflow from investing activities of CNY -281,079,498.87 in the first three quarters of 2025, compared to CNY -200,320,004.82 in 2024[20] - The net cash outflow from financing activities was CNY -27,789,837.54 in the first three quarters of 2025, an improvement from CNY -132,003,659.79 in 2024[20] - The company reported a foreign exchange impact on cash and cash equivalents of CNY 2,404,026.56 for the first three quarters of 2025[20] Shareholder Information - The total number of common shareholders at the end of the reporting period was 11,355[10] - The diluted earnings per share decreased by 35.71% compared to the same period last year due to increased dilution from convertible bonds[8] - Basic earnings per share for the first three quarters of 2025 were CNY 0.97, compared to CNY 0.98 in the same period of 2024[18] Expenses - Total operating costs decreased to ¥1,942,736,565.26 in 2025 from ¥1,947,695,988.57 in 2024, indicating a reduction of about 0.25%[16] - Research and development expenses for the first three quarters of 2025 were ¥73,062,099.66, slightly lower than ¥75,316,821.10 in 2024, showing a decrease of approximately 3.01%[16] Cash and Cash Equivalents - The company's cash and cash equivalents amounted to ¥608,488,823.40 as of September 30, 2025, compared to ¥756,469,583.78 on December 31, 2024, representing a decline of about 19.6%[12] - The cash and cash equivalents at the end of the period were CNY 590,908,512.40, an increase from CNY 553,018,531.09 at the end of the same period in 2024[21] Non-Recurring Items - Non-recurring gains and losses for the quarter totaled CNY -188,101.81, with government subsidies contributing CNY 2,000,946.99[7]

| 证券代码：603867 | 证券简称：新化股份 | 公告编号：2025-056 | | --- | --- | --- | | 转债代码：113663 | 转债简称：新化转债 | | 浙江新化化工股份有限公司 关于 2025 年第三季度报告的更正公告 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。 浙江新化化工股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日在 上海证券交易所网站（www.sse.com.cn）及指定媒体披露了公司《2025 年第三 季度报告》。经公司事后审核，在编制 2025 年第三季度报告过程中，因工作人 员疏忽，2025 年第三季度报告中"二、股东信息"之"（一）普通股股东总数 和表决权恢复的优先股股东数量及前十名股东持股情况表"之"报告期末普通 股股东总数"股东总数有误，实际股东总数为"11,355"。具体内容更正如下： 更正前： 普通股股东总数和表决权恢复的优先股股东数量及前十名股东持股情况表 单位：股 更正后： 普通股股东总数和表决权恢复的优先股股东数量及前十名股东持股 ...

浙江新化化工股份有限公司 2025 年第三季度报告 证券代码：603867 证券简称：新化股份 转债代码：113663 转债简称：新化转债 浙江新化化工股份有限公司 2025 年第三季度报告 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： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，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。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 715,114,009 ...

关于 2025 年第三季度报告的更正公告 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 浙江新化化工股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日在 上海证券交易所网站（www.sse.com.cn）及指定媒体披露了公司《2025 年第三 季度报告》。经公司事后审核，在编制 2025 年第三季度报告过程中，因工作人 员疏忽，2025 年第三季度报告中"二、股东信息"之"（一）普通股股东总数 和表决权恢复的优先股股东数量及前十名股东持股情况表"之"报告期末普通 股股东总数"股东总数有误，实际股东总数为"11,355"。具体内容更正如下： 更正前： 普通股股东总数和表决权恢复的优先股股东数量及前十名股东持股情况表 | 证券代码：603867 | 证券简称：新化股份 | 公告编号：2025-056 | | --- | --- | --- | | 转债代码：113663 | 转债简称：新化转债 | | 浙江新化化工股份有限公司 更正后： 普通股股东总数和表决权恢复的优先股股东数量及前十名股东持股情况表 单位：股 报告期末普通股股东总 数 11,355 报告期末表决权恢复的优 ...

Core Viewpoint - The company has announced its third-quarter report for 2025, detailing financial data and a significant investment in a joint venture with an affiliated party [12][18][38]. Financial Data Summary - The third-quarter report for 2025 has been approved by the board, confirming the accuracy and completeness of the financial information [12][10]. - The financial statements for the period from January to September 2025 are unaudited [9][3]. Investment and Related Transactions - The company’s subsidiary, Zhongjinghui, plans to jointly invest with the affiliated party, Jiande Industrial Development Co., to establish a new investment partnership with a total capital contribution of RMB 42 million [18][22]. - Zhongjinghui will contribute RMB 10.9 million for a 25.952% stake, while Jiande Industrial Development will invest RMB 30 million for a 71.429% stake [18][22]. - This investment aims to enhance regional industrial development and support the semiconductor sector through investment in Bibo Semiconductor [23][24]. Shareholder and Governance Information - The board meeting held on October 27, 2025, included all nine directors, and the decisions made were in compliance with relevant laws and regulations [11][12]. - The investment transaction does not require shareholder approval as it falls within the board's authority [20][37]. Product and Price Changes - The company reported significant price changes for its main products from January to September 2025, with notable decreases in prices for fatty amines (down 5.26%), organic solvents (down 21.25%), and synthetic flavors (down 2.63%) [39]. - Major raw material prices also saw substantial changes, including a 23.05% decrease in acetone and a 40.81% increase in turpentine [40].

| 证券代码：603867 | 证券简称：新化股份 | 公告编号：2025-053 | | --- | --- | --- | | 转债代码：113663 | 转债简称：新化转债 | | 浙江新化化工股份有限公司 第六届董事会第二十三次会议决议公告 2、审议通过《关于子公司与关联方共同投资暨关联交易的议案》 本议案已经公司独立董事专门会议、审计委员会审议通过，同意提交公司董 事会审议。本议案无需提交公司股东大会审议。具体内容详见上海证券交易所网 站（http://www.sse.com.cn）。 表决结果：同意 8 票，反对 0 票，弃权 0 票。关联董事陈晖回避表决。 浙江新化化工股份有限公司（以下简称"公司"）第六届董事会第二十三次 会议（以下简称"本次会议"）于 2025 年 10 月 27 日以现场结合通讯会议方式召 开。本次会议应参会董事 9 名，实际参会董事 9 名，会议由董事长应思斌先生主 持，本次会议的召开符合《中华人民共和国公司法》和《公司章程》的规定。 二、董事会会议审议情况 1、审议通过《公司 2025 年第三季度报告》 本议案已经公司董事会审计委员会审议通过并同意提交董事会审议，公司 ...

Company Announcements - Tongfu Microelectronics reported a net profit growth of 95.08% in Q3, with revenue of 7.08 billion yuan, up 17.94% year-on-year [1] - Guizhou Moutai's chairman Zhang Deqin resigned, with Chen Hua recommended as the new chairman [3] - Victory Shares is planning to acquire gas-related assets controlled by its major shareholder, leading to a stock suspension [3] - Northern Rare Earth's net profit increased by 280% in the first three quarters, driven by higher sales volume [5] - China Nuclear Engineering signed contracts for the construction of the Haiyang Nuclear Power Units 5 and 6 [5] - Kingsoft Office's net profit grew by 35.42% in Q3, with WPS 365 revenue increasing by 71.61% [6] - Postal Savings Bank received approval to establish a financial asset investment company with a registered capital of 10 billion yuan [8] - West Mining's subsidiary won exploration rights for a copper polymetallic mine for 8.609 billion yuan [4] Financial Performance - High德红外 reported a net profit increase of 1059% in Q3, with revenue of 1.134 billion yuan, up 71.07% year-on-year [17] - Purtai's net profit grew by 69% in Q3, supported by strong demand in the power and energy storage battery markets [18] - Yubo Technology's net profit surged by 384% in the first three quarters, driven by rapid growth in AIDC market orders [14] - Sichuan Gold's net profit increased by 184% in Q3, attributed to rising gold prices [16] - Hailey Wind Power's net profit skyrocketed by 779% in Q3, with revenue up 134.73% [7] - Huazhi Technology's net profit rose by 51% in Q3, mainly due to business expansion [5] Strategic Investments - Zhenyu Technology plans to invest 2.11 billion yuan in humanoid robot precision module and component projects [9] - China Aluminum's subsidiary plans to invest 500 million yuan in Yunnan Aluminum Foil [20] - Zhongfu Industrial intends to invest 356 million yuan in a new energy aluminum foil project [19] - Kaishan Group signed contracts for an 800 million USD green ammonia project in Kenya [19]