证券日报网讯 12月11日晚间，东方盛虹发布公告称，根据《江苏东方盛虹股份有限公司公开发行A股可 转换公司债券募集说明书》的规定，在本次发行的可转换公司债券（简称"可转债"）存续期间，公司股 票在任意30个连续交易日中至少15个交易日的收盘价格低于当期转股价格的80%时，公司董事会有权提 出转股价格向下修正方案并提交公司股东会表决。2025年12月1日至2025年12月11日期间，公司股票已 有9个交易日的收盘价低于"盛虹转债"当期转股价格的80%，预计将触发"盛虹转债"转股价格向下修正 条件。 （文章来源：证券日报） ...

东方盛虹公告，2025年12月1日至2025年12月11日期间，公司股票已有9个交易日的收盘价低于"盛虹转 债"当期转股价格的80%，预计将触发"盛虹转债"转股价格向下修正条件。 ...

| | 是否为控 | | 占 其 | 占 公 | 是 | 是 否 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东 | 股股东或 | 本次质 | 所 持 | 司 总 | 否 为 | 为 | 质押起始 | 质押到 | 质权 | | | | 第一大股 | 押数量 | | | | 补 | | | | 质押用途 | | 名称 | 东及其一 | （股） | 股 | 股 | 限 | 充 | 日 | 期日 | 人 | | | | 致行动人 | | 份 | 本 | 售 | 质 | | | | | | | | | 比 | 比 | 股 | 押 | | | | | | | | | 例 | 例 | | | | | | 为东方盛虹控 | | | | | | | | | | | 信银理 | 股股东及其关 | | 盛虹 | | | | | | | 2025 年 12 | 以实际办 | 财有限 | 联企业之部分 | | 石化 | | 5,590,000 | 0.50% | 0.08% | 否 | 否 | 月 10 日 | 理为 ...

European Companies - BASF Group reported Q3 2025 sales of €15.23 billion (approximately $17.7 billion), down 3.2% year-on-year from €15.739 billion. Operating profit (EBIT) increased by 11.4% to €278 million, while net profit fell by 40% to €172 million [1] - LyondellBasell's Q3 2025 sales and other revenues were $7.727 billion, down from $8.604 billion year-on-year. The company reported a net loss of $890 million compared to a net profit of $573 million in the same period last year [2] - INEOS Group Holdings reported Q3 2025 revenue of €3.418 billion (approximately $3.97 billion), down from €4.273 billion year-on-year. Operating profit decreased to €113 million from €339 million, with a net loss of €56.5 million compared to a profit of €283 million last year [3] - Evonik Group's Q3 2025 sales were €3.391 billion (approximately $3.94 billion), down from €3.832 billion year-on-year. Adjusted EBITDA fell to €448 million from €577 million, with a net loss of €106 million compared to a net profit of €223 million [4] - Covestro reported Q3 2025 sales of €3.171 billion (approximately $3.68 billion), down 12% from €3.603 billion. EBITDA decreased by 15.7% to €242 million, with a net loss of €47 million compared to a net profit of €33 million last year [5] - DSM-Firmenich's Q3 2025 sales were €3.07 billion (approximately $3.57 billion), down 5% from €3.244 billion. Adjusted EBITDA remained stable at €540 million [6] - Sika reported Q3 2025 sales of CHF 3.078 billion (approximately $3.4 billion), down 3.8% from CHF 3.915 billion. EBITDA decreased to CHF 1.645 billion from CHF 1.702 billion, with net profit falling to CHF 871 million from CHF 923 million [8] - Henkel's Q3 2025 sales fell by 6.3% to €5.147 billion, with the adhesives technology division reporting sales of approximately $3.145 billion, down 3.3% year-on-year [9] - Arkema's Q3 2025 sales were €2.187 billion (approximately $2.54 billion), down 8.6% from €2.394 billion. EBITDA fell by 23.8% to €310 million, with adjusted net profit down 53.6% to €78 million [10] - Syensqo reported Q3 2025 sales of €1.517 billion (approximately $1.76 billion), down 7.1% from €1.633 billion. EBITDA decreased by 12.8% to €326 million, with net profit down 31.8% to €110 million [11] - LANXESS reported Q3 2025 sales of €1.338 billion (approximately $1.55 billion), down 16.3% from €1.598 billion. EBITDA fell by 35.6% to €105 million, with a net loss of €77 million compared to a profit of €1 million last year [12] - Solvay's Q3 2025 sales were €1.044 billion (approximately $1.21 billion), down 9.7% from €1.156 billion. EBITDA decreased by 10.3% to €232 million, with net profit down 15% to €88 million [13] - Clariant reported Q3 2025 sales of CHF 906 million (approximately $1.03 billion), down 9% from CHF 991 million. EBITDA increased by 14% to CHF 159 million [14] Asian Companies - Rongsheng Petrochemical reported Q3 2025 revenue of ¥79.185 billion (approximately $11.2 billion), down 5.67% year-on-year. Net profit attributable to shareholders was ¥286 million, up 1427.94% [15] - SABIC's Q3 2025 revenue was SAR 34.333 billion (approximately $9.147 billion), down from SAR 36.88 billion year-on-year. Operating profit decreased to SAR 1.663 billion from SAR 2.477 billion, with net profit falling to SAR 1.135 billion from SAR 1.763 billion [16] - Hengli Petrochemical reported Q3 2025 revenue of ¥53.496 billion (approximately $7.67 billion), down 17.98% year-on-year. Net profit attributable to shareholders was ¥1.972 billion, up 81.47% [17] - Wanhua Chemical reported Q3 2025 revenue of ¥53.324 billion (approximately $7.54 billion), up 5.52% year-on-year. Net profit attributable to shareholders was ¥3.035 billion, up 3.96% [18] - Mitsubishi Chemical Group reported H1 2025 revenue of ¥1,799.124 billion (approximately $11.5 billion), down 10.5% year-on-year. Operating profit decreased by 19.6% to ¥86.489 billion, with net profit attributable to shareholders up 169% to ¥110.132 billion [19] - Taiwan Chemical announced Q3 2025 revenue of NT$69.576 billion (approximately $2.22 billion), down from NT$86.899 billion. The company reported a net profit of NT$1.78 billion, compared to a net loss of NT$1.918 billion last year [20] - Nanya Plastics reported Q3 2025 revenue of NT$64.2 billion (approximately $2.04 billion), down from NT$66.4 billion. Operating profit increased to NT$1.04 billion from NT$990 million, with net profit rising to NT$4 billion from NT$490 million [21] - Formosa Plastics reported Q3 2025 revenue of NT$41.718 billion (approximately $1.33 billion), down from NT$50.492 billion. The company reported a net loss of NT$2.685 billion, compared to a loss of NT$3.092 billion last year [22] - Asahi Kasei Corporation reported H1 2025 revenue of ¥1,486.368 billion (approximately $9.54 billion), down slightly from ¥1,490.334 billion. Operating profit increased to ¥108.915 billion from ¥107.454 billion, while net profit decreased to ¥60.248 billion from ¥66.266 billion [23] - Dongfang Shenghong reported Q3 2025 revenue of ¥31.245 billion (approximately $4.5 billion), down 11.91% year-on-year. The company reported a net loss of ¥260 million [24] - Shin-Etsu Chemical reported H1 2025 revenue of ¥1,284.522 billion (approximately $8.24 billion), up 1.4% year-on-year. Operating profit decreased by 17.7% to ¥333.935 billion, with net profit down 12.3% to ¥257.844 billion [25] - Toray reported H1 2025 revenue of ¥1,234.31 billion (approximately $7.92 billion), down 4.6% year-on-year. Operating profit decreased by 19.1% to ¥642.99 billion, with net profit down 33.5% to ¥369.35 billion [26] - Hengyi Petrochemical reported Q3 2025 revenue of ¥27.925 billion (approximately $3.95 billion), down 7.07% year-on-year. Net profit attributable to shareholders was ¥4.4079 million, up 102.21% [27] - LG Chem reported Q3 2025 sales of ₩111.962 trillion (approximately $76.24 billion), down 11.3% from ₩126.2 trillion. Operating profit increased by 38.9% to ₩6.797 trillion, while net profit fell to ₩4.470 trillion from ₩10.13 trillion [28] American Companies - Dow reported Q3 2025 net sales of $9.973 billion, down from $10.879 billion year-on-year. Net profit attributable to common shareholders was $62 million, down from $214 million [36] - Ecolab reported Q3 2025 net sales of $4.165 billion, up from $3.999 billion year-on-year. Operating profit decreased by 27% to $760 million, with net profit down 21% to $585 million [37] - DuPont reported Q3 2025 net sales of $3.072 billion, up from $2.862 billion year-on-year. The company reported a net loss of $123 million, compared to a profit of $455 million last year [39] - Westlake Corporation reported Q3 2025 net sales of $2.838 billion, down from $3.117 billion. The company reported an operating loss of $766 million, compared to a profit of $180 million last year [40] - IFF reported Q3 2025 net sales of $2.694 billion, down from $2.925 billion year-on-year. Operating profit decreased by 9% to $226 million, with net profit down to $40 million from $58 million [41] - Celanese reported Q3 2025 net sales of $2.419 billion, down from $2.648 billion. The company reported an operating loss of $1.275 billion, compared to a profit of $245 million last year [42] - Eastman Chemical Company reported Q3 2025 sales of $2.202 billion, down from $2.464 billion. Net profit attributable to the company was $47 million, down from $180 million [43] - Huntsman Corporation reported Q3 2025 revenue of $1.46 billion, down from $1.54 billion. The company reported a net loss of $25 million, compared to a loss of $33 million last year [44] Industrial Gases - Linde plc reported Q3 2025 sales of $8.615 billion, up from $8.356 billion year-on-year. Operating profit increased to $2.367 billion from $2.086 billion, with net profit rising to $1.929 billion from $1.55 billion [45] - Air Liquide reported Q3 2025 revenue of €6.599 billion (approximately $7.66 billion), down from €6.762 billion year-on-year [46] - Air Products & Chemicals reported Q4 2025 sales of $3.167 billion, down from $3.188 billion. The company reported an operating profit of $16.8 million, down from $242.4 million last year, with a net profit of $4.9 million compared to $195 million [47] Crop Science - Syngenta Group reported Q3 2025 revenue of $6.4 billion, down 6% year-on-year. EBITDA increased by 28% to $900 million [48] - Bayer Group reported Q3 2025 sales of €9.66 billion, down from €9.968 billion. EBIT loss was €543 million, compared to a loss of €382.2 million last year, with a net loss of €963 million compared to a loss of €4.183 billion last year [49] - Corteva, Inc. reported Q3 2025 net sales of $2.618 billion, up from $2.326 billion year-on-year. The company reported a net loss of $320 million, compared to a loss of $524 million last year [50] Fertilizers - Nutrien reported Q3 2025 sales of $6.007 billion, up from $5.348 billion year-on-year. Net profit increased to $469 million from $25 million [51] - Yara International ASA reported Q3 2025 revenue of $4.108 billion, up from $3.654 billion. Operating profit increased to $470 million from $309 million, with net profit rising to $320 million from $286 million [52] - The Mosaic Company reported Q3 2025 net sales of $3.452 billion, up from $2.811 billion. Operating profit increased to $340 million from $115 million, with net profit rising to $411 million from $122 million [53] - CF Industries reported Q3 2025 net sales of $1.659 billion, up from $1.37 billion. Net profit attributable to common shareholders was $353 million, compared to $276 million last year [54] Coatings - PPG Industries reported Q3 2025 net sales of $4.082 billion, up from $4.032 billion year-on-year, with net profit remaining stable at $444 million [55] - AkzoNobel reported Q3 2025 revenue of €2.547 billion (approximately $2.96 billion), down from €2.668 billion. The company reported an operating loss of €29 million, compared to a profit of €259 million last year, with a net loss of €194 million compared to a profit of €163 million last year [56] - Nippon Paint Holdings reported YTD revenue of ¥1,318.378 billion (approximately $8.467 billion), up 7.8% year-on-year. Operating profit increased by 36.4% to ¥190.579 billion, with net profit rising by 38.6% to ¥134.336 billion [57] - Sherwin-Williams reported Q3 2025 net sales of $6.358 billion, up from $6.163 billion. Net profit increased to $833 million from $806 million, with the paint retail group reporting sales of $3.837 billion, up 5.1% [58] - Axalta Coating Systems Ltd. reported Q3 2025 net sales of $1.288 billion, down from $1.32 billion. Operating profit increased to $204 million from $193 million, with net profit rising to $110 million from $101 million [59] - Three Trees reported YTD revenue of ¥9.392 billion (approximately $1.33 billion), up 2.69% year-on-year. Net profit attributable to shareholders was ¥744 million, up 81.22% [60]

Investment Rating - The report maintains a "Positive" outlook on the petrochemical industry, particularly highlighting the resilience of polyester filament in the off-season [3]. Core Insights - The demand for polyester filament has remained strong, with downstream textile operating rates reaching a high of 69.45% in early November and maintaining around 90% for polyester filament production [4][5]. - Inventory levels for polyester filament and downstream fabrics are relatively low, indicating a healthy supply-demand balance [7][8]. - Profitability for polyester filament has improved significantly since September, with expectations for further profit increases in Q4 [9][10]. Summary by Sections Polyester Filament Sector - Polyester filament has entered a demand peak since September, with downstream textile operating rates consistently high, peaking at 69.45% [4][5]. - As of December 5, the operating rate for polyester filament was 90.15%, indicating strong production levels [4][5]. - Inventory levels for polyester filament (POY/FDY/DTY) are at 16.3/21.2/24.3 days, remaining low compared to the annual average [7][8]. Upstream Sector - Brent crude oil prices increased to $63.75 per barrel, reflecting a 0.87% rise from the previous week [18]. - The number of active oil rigs in the U.S. increased to 549, indicating a slight uptick in drilling activity [29]. Refining Sector - The comprehensive price spread for major refined products in Singapore decreased to $19.06 per barrel, down by $0.57 from the previous week [54]. - Domestic refining margins are expected to improve as oil prices stabilize [51]. Investment Recommendations - The report recommends focusing on high-quality companies in the polyester filament sector, such as Tongkun Co., and bottle-grade PET producers like Wankai New Materials [12]. - It also suggests monitoring large refining companies like Hengli Petrochemical and Rongsheng Petrochemical due to expected improvements in cost structures [12]. - For upstream exploration and production, companies like CNOOC and offshore oil service firms are highlighted for their potential performance improvements [12].

Group 1 - The core viewpoint of the article is that Dongfang Shenghong held a board meeting to discuss amendments to the company's articles of association and adjustments to internal supervisory institutions [1] - For the first half of 2025, Dongfang Shenghong's revenue composition is as follows: petrochemical and chemical new materials account for 79.86%, chemical fibers account for 18.43%, and other industries account for 1.71% [1] - As of the report date, Dongfang Shenghong's market capitalization is 63.3 billion yuan [1] Group 2 - The article highlights a trend in the banking sector where large-denomination time deposits have become scarce, with products offering interest rates above 2% being difficult to obtain, and some requiring a minimum investment of 10 million yuan [1] - Experts suggest that deposit interest rates may experience a long-term downward trend [1]

防范控股股东及其他关联方资金占用管理制度 江苏东方盛虹股份有限公司 防范控股股东及其他关联方资金占用管理制度 （2025年12月5日，经公司第九届董事会第三十三次会议审议通过） 第一章 总则 第一条 为进一步规范江苏东方盛虹股份有限公司（以下简称"公司"）与控股股东、实 际控制人及其他关联方的资金往来，建立防范控股股东、实际控制人及其他关联方占用公司资 金的长效机制，杜绝资金占用行为的发生，保护投资者合法权益，根据《中华人民共和国公司 法》《中华人民共和国证券法》（以下简称"《证券法》"）《深圳证券交易所股票上市规则》 《上市公司监管指引第8号——上市公司资金往来、对外担保的监管要求》等法律、行政法规、 规范性文件及《江苏东方盛虹股份有限公司章程》（以下简称"《公司章程》"）的有关规定， 制定本制度。 第二条 本制度适用于公司控股股东、实际控制人及其他关联方与公司间的资金管理。公司 控股股东、实际控制人及其他关联方与纳入公司合并会计报表范围的子公司之间的资金往来适 用本制度。 第三条 本制度所称关联方，是指《深圳证券交易所股票上市规则》界定的关联法人（或 者其他组织）和关联自然人。 第四条 本制度所称资金占用 ...

江苏东方盛虹股份有限公司 委托理财内控制度 （2025年12月5日，经公司第九届董事会第三十三次会议审议通过） 第一章 总则 第一条 为加强与规范江苏东方盛虹股份有限公司（以下简称"公司"）及其分公司、控 股子公司委托理财业务的管理，有效控制风险，提高投资收益，维护公司及股东利益，依据《中 华人民共和国证券法》《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管 指引第 1 号——主板上市公司规范运作》《深圳证券交易所上市公司自律监管指引第 7 号—— 交易与关联交易》及《江苏东方盛虹股份有限公司章程》（以下简称"《公司章程》"）等法 律、法规、规范性文件的有关规定，结合公司的实际情况，制定本制度。 第二章 基本定义及规定 第二条 本制度所称委托理财是指公司委托银行、信托、证券、基金、期货、保险资产管 理机构、金融资产投资公司、私募基金管理人等专业理财机构对其财产进行投资和管理或者 购买相关理财产品的行为。 第三条 公司从事委托理财坚持"规范运作、防范风险、谨慎投资、保值增值"的原则， 用于委托理财的资金应当是公司的闲置资金，不得影响公司正常经营和主营业务的发展。 第四条 本制度适用于公司本部、分公 ...

对外提供财务资助管理制度 江苏东方盛虹股份有限公司 对外提供财务资助管理制度 （2025年12月5日，经公司第九届董事会第三十三次会议审议通过） 第一章 总则 公司向与关联人共同投资形成的控股子公司提供财务资助，参照本制度的规定执行。 第三条 公司存在下列情形之一的，应当参照本制度的规定执行： （一）在主营业务范围外以实物资产、无形资产等方式对外提供资助； （二）为他人承担费用； （三）无偿提供资产使用权或者收取资产使用权的费用明显低于行业一般水平； 第一条 江苏东方盛虹股份有限公司（以下简称"公司"）为规范对外提供财务资助行为， 防范财务风险，确保公司稳健经营，根据《中华人民共和国公司法》《中华人民共和国证券法》 《上市公司信息披露管理办法》《深圳证券交易所股票上市规则》（以下简称"《股票上市规 则》"）、《深圳证券交易所上市公司自律监管指引第1号——主板上市公司规范运作》等有 关法律、法规、规范性文件及《江苏东方盛虹股份有限公司章程》（以下简称"《公司章程》"） 等有关规定，制定本制度。 第二条 本制度适用于公司及其控股子公司有偿或者无偿提供资金、委托贷款等行为。但 下列情况除外： （一）公司以对外提供借 ...

年度报告工作制度 江苏东方盛虹股份有限公司 年度报告工作制度 （2025年12月5日,经公司第九届董事会第三十三次会议审议通过） 第一条 为规范江苏东方盛虹股份有限公司（以下简称"公司"）年度报告的编制和披露 流程，确保公司披露信息的真实、准确、完整、及时，根据《上市公司独立董事管理办法》 《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管指引第1号——主板上 市公司规范运作》等法规以及本公司信息披露管理相关制度的规定，制定本制度。 第二条 独立董事应在公司年度报告的编制和披露过程中，切实履行独立董事的责任和义 务，勤勉尽责。 审计委员会在公司年报编制和披露过程中，应当按照有关法律、行政法规、规范性文件 和《江苏东方盛虹股份有限公司章程》（以下简称"《公司章程》"）的要求，认真履行职 责，勤勉尽责地开展工作，维护公司整体利益。 第三条 在董事会审议年报之前，公司管理层应配合独立董事做好年报相关工作，保证所 提供信息的真实、准确、完整、及时。公司管理层应向独立董事全面汇报公司年度生产经营 情况和重大事项的进展情况，同时公司应安排每位独立董事进行实地考察，上述事项应有书 面记录，必要的文件应有当事人签 ...