证券代码：000422 证券简称：湖北宜化 公告编号：2025-085 湖北宜化化工股份有限公司 关于召开 2025 年第五次临时股东会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 湖北宜化化工股份有限公司（以下简称"公司"）于 2025 年 7 月 28 日召开的第十届董事会第五十一次会议审议通过了《关于召开 2025年第五次临时股东会的议案》，同意于2025年8月14日召开2025 年第五次临时股东会，将第十届董事会第五十一次会议审议通过的部 分议案提交审议，具体如下： 一、召开会议的基本情况 （一）股东会届次：2025 年第五次临时股东会。 （二）股东会的召集人：公司董事会。 （三）会议召开的合法、合规性：本次股东会的召开符合有关法 律、行政法规、部门规章、规范性文件、业务规则和《湖北宜化化工 股份有限公司章程》的规定。 （四）会议召开的日期、时间： 现场会议时间：2025 年 8 月 14 日（周四）14:30 网络投票时间：2025 年 8 月 14 日 通过深交所交易系统进行网络投票的时间为：2025 年 8 月 14 日 的交易时间，即 ...

湖北宜化化工股份有限公司 董事会薪酬与考核委员会 2025 年 7 月 28 日 湖北宜化化工股份有限公司（以下简称"公司"）2024 年限制性 股票激励计划中，有 18 名激励对象因离职或 2024 年度个人绩效考核 不达标，其已获授但尚未解除限售的 27.38 万股限制性股票拟由公司 回购注销，回购价格为 4.02 元/股。董事会薪酬与考核委员会对前述 回购注销事项进行核查，并发表核查意见如下： 本次回购注销并调整回购价格事项符合《上市公司股权激励管理 办法》《湖北宜化化工股份有限公司 2024 年限制性股票激励计划（草 案）》有关规定，拟回购注销部分限制性股票的回购数量、回购价格 及回购名单经核实无误，不存在损害公司和股东合法权益的情形，同 意本次回购注销事项。 湖北宜化化工股份有限公司 董事会薪酬与考核委员会关于回购注销 2024 年限制性股票激励计划部分限制性股票并调 整回购价格的核查意见 ...

湖北宜化化工股份有限公司 第十届董事会第五十一次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 湖北宜化化工股份有限公司（以下简称"公司"）第十届董事会 第五十一次会议通知于 2025 年 7 月 24 日以书面、电话、电子邮件相 结合的形式发出。本次董事会会议于 2025 年 7 月 28 日以通讯表决方 式召开。本次董事会会议应出席董事 13 位，实际出席董事 13 位。 本次会议的召开符合有关法律、行政法规、部门规章、规范性文 件和《湖北宜化化工股份有限公司章程》《湖北宜化化工股份有限公 司董事会议事规则》的规定。 二、董事会会议审议情况 证券代码：000422 证券简称：湖北宜化 公告编号：2025-084 《关于回购注销 2024 年限制性股票激励计划部分限制性股票并 调整回购价格的公告》详见巨潮资讯网（www.cninfo.com.cn）及《证 券时报》《中国证券报》《上海证券报》《证券日报》。董事会薪酬 与考核委员会核查意见、独立财务顾问报告、北京德恒律师事务所法 律意见详见巨潮资讯网（www.cninfo. ...

湖北宜化化工股份有限公司 章 程 二零二五年七月 | | | | 第一章 | 总则 1 | | | --- | --- | --- | | 第二章 | 经营宗旨和范围 3 | | | 第三章 | 股份 4 | | | 第一节 | 股份发行 4 | | | 第二节 | 股份增减和回购 5 | | | 第三节 | 股份转让 6 | | | 第四章 | 股东和股东会 7 | | | 第一节 | 股东 7 | | | 第二节 | 控股股东和实际控制人 11 | | | 第三节 | 股东会的一般规定 13 | | | 第四节 | 股东会的召集 | 18 | | 第五节 | 股东会的提案与通知 | 20 | | 第六节 | 股东会的召开 | 22 | | 第七节 | 股东会的表决和决议 | 25 | | 第五章 | 公司党委 | 30 | | 第六章 | 董事会 | 33 | | 第一节 | 董事的一般规定 | 33 | | 第二节 | 董事会 | 37 | | 第三节 | 独立董事 | 43 | | 第四节 | 董事会专门委员会 | 47 | | 第七章 | 高级管理人员 | 49 | | 第八章 | 财务会计制度、利 ...

Investment Rating - The report maintains an "Outperform" rating for the basic chemical industry as of July 25, 2025 [1]. Core Insights - The report highlights significant growth in phosphate fertilizer exports, particularly in June 2025, with ammonium phosphate and diammonium phosphate exports reaching 165,600 tons and 506,300 tons respectively, marking substantial month-on-month increases [1]. - The report anticipates a concentrated export period in the third quarter, driven by strong demand from Southeast Asia, which is expected to further boost domestic phosphate fertilizer exports [1]. - Export prices for phosphate fertilizers are favorable, with a notable price difference between domestic and export markets, suggesting potential for increased profitability for leading phosphate companies [2]. Summary by Sections Export Trends - In June 2025, phosphate fertilizer exports saw a significant increase, with ammonium phosphate and diammonium phosphate exports rising by 149,600 tons and 493,400 tons respectively compared to May [1]. - The second and third quarters are typically peak export periods, with 2024 data showing that ammonium phosphate and diammonium phosphate exports in the second quarter accounted for 41.63% and 30.02% of annual exports, respectively [1]. Price Analysis - As of July 23, 2025, the market average price for ammonium phosphate (55% powder) was 3,303 CNY/ton, while the FOB price for ammonium phosphate (55% granular) was 581 USD/ton, indicating a price difference of 846 CNY/ton [2]. - The price for diammonium phosphate (64% in Hubei) was 3,805 CNY/ton, with an FOB price of 768 USD/ton, resulting in a price difference of 1,680 CNY/ton [2]. Key Companies - Yuntianhua (600096) is identified as a leading domestic phosphate chemical company with a phosphate rock capacity of 14.5 million tons/year and a phosphate fertilizer capacity of 5.55 million tons/year, contributing over 20% to national phosphate fertilizer exports [3]. - Hubei Yihua (000422) is a major producer of diammonium phosphate with a production capacity of 1.26 million tons/year and projected exports of 576,100 tons in 2024 [3]. - Xingfa Group (600141) has a phosphate rock capacity of 5.85 million tons/year and a production capacity of 1 million tons/year for ammonium phosphate, achieving a capacity utilization rate of 104.78% in 2024 [3]. - Xinyangfeng (000902) is a leading player in the compound fertilizer sector, with ammonium phosphate production capacity of 1.85 million tons/year and projected production and sales of 1.9789 million tons and 1.1290 million tons respectively in 2024 [3].

Investment Rating - The report maintains an investment rating of "Synchronize with the market - A" for the basic chemical industry [1]. Core Viewpoints - The upcoming "Ten Key Industries Stabilizing Growth Work Plan" will accelerate the optimization of production capacity structure in the chemical industry, suggesting a focus on the cyclical recovery and supply-side optimization of the chemical sector [2][12]. - The opening of the Yarlung Tsangpo River downstream hydropower project, with a total investment of approximately 1.2 trillion yuan, is expected to significantly boost investment opportunities in various sub-sectors of the chemical industry, particularly in civil explosives, all-steel tires, cement, and specialty chemicals [3][13]. - The report highlights the importance of focusing on leading companies with "absolute cost advantages" or "absolute technical scarcity" in the supply-side optimization process [12]. Summary by Relevant Sections Chemical Market - The report emphasizes that the Ministry of Industry and Information Technology will promote structural adjustments and the elimination of backward production capacity in key industries, including steel, non-ferrous metals, petrochemicals, and building materials [12]. - It suggests that the supply-side optimization should focus on leading companies such as Wanhua Chemical, Hualu Hengsheng, and Juhua Co., which have strong competitive advantages [12]. Investment Recommendations - Recommended stocks include: - Wanhua Chemical (600309.SH) - Buy-B - Hualu Hengsheng (600426.SH) - Buy-B - Juhua Co. (600160.SH) - Buy-B - Haohua Technology (600378.SH) - Buy-B - Longbai Group (002601.SZ) - Buy-B - Yangnong Chemical (600486.SH) - Buy-B - Hubei Yihua (000422.SZ) - Increase-B - Tongyi Zhong (688722.SH) - Buy-A [2][3][25]. Price Movements - As of July 18, TDI prices reached 14,913 yuan/ton, reflecting a significant increase of 30.82% compared to the previous month [4][14]. - The report notes that the basic chemical sector has shown varied performance, with synthetic resins and membrane materials leading in gains [20][21]. Key Company Performances - The report highlights that Hubei Yihua, Jujiao Co., and Wanhua Chemical saw notable increases in their stock prices, while companies like Ruifeng New Materials and Yaji International experienced declines [23][24].

Market Overview - The Shanghai Composite Index rose by 0.50% on July 18, with 22 out of 28 sectors experiencing gains. The top-performing sectors were non-ferrous metals and basic chemicals, with increases of 2.10% and 1.36% respectively. The sectors that declined were media and electronics, with decreases of 0.98% and 0.49% respectively [1] Fund Flow Analysis - The net outflow of capital from the two markets was 22.987 billion yuan. Ten sectors saw net inflows, with the non-ferrous metals sector leading with a net inflow of 3.794 billion yuan and a daily increase of 2.10%. The non-bank financial sector also saw a slight increase of 0.33% with a net inflow of 899 million yuan [1] - In contrast, 21 sectors experienced net outflows, with the electronics sector leading with a net outflow of 8.341 billion yuan, followed by the computer sector with a net outflow of 4.375 billion yuan. Other sectors with significant outflows included telecommunications, machinery, and automotive [1] Basic Chemicals Sector Performance - The basic chemicals sector increased by 1.36% with a total net inflow of 41.539 million yuan. Out of 401 stocks in this sector, 239 stocks rose, and 6 stocks hit the daily limit. There were 154 stocks with net inflows, with 8 stocks receiving over 50 million yuan in net inflows. The top stock for net inflow was Wanhua Chemical, with a net inflow of 849 million yuan, followed by Salt Lake Co. and Hubei Yihua with net inflows of 119 million yuan and 115 million yuan respectively [2] - The sector also had stocks with significant net outflows, with 7 stocks experiencing outflows exceeding 50 million yuan. The stocks with the highest outflows were Huafeng Super Fiber, Dongcai Technology, and Nanjing Julong, with outflows of 203 million yuan, 166 million yuan, and 92.551 million yuan respectively [2][4] Basic Chemicals Sector Fund Flow Rankings - The top stocks in the basic chemicals sector by net inflow included: - Wanhua Chemical: +8.29%, 3.77% turnover, 848.69 million yuan inflow - Salt Lake Co.: +3.60%, 2.28% turnover, 119.27 million yuan inflow - Hubei Yihua: +5.08%, 11.27% turnover, 114.66 million yuan inflow - Other notable stocks included Hualu Hengsheng, Hongbaoli, and Zhongyan Chemical with inflows ranging from 56.17 million yuan to 79.97 million yuan [2] Basic Chemicals Sector Outflow Rankings - The stocks with the highest net outflows in the basic chemicals sector included: - Huafeng Super Fiber: -2.45%, 10.74% turnover, -203.01 million yuan outflow - Dongcai Technology: +7.39%, 16.07% turnover, -166.33 million yuan outflow - Nanjing Julong: +0.78%, 41.02% turnover, -92.55 million yuan outflow - Other stocks with significant outflows included Yaji International and Yongtai Technology [4]

Core Viewpoint - The company has completed the registration of the reserved grant for the 2024 restricted stock incentive plan, which involves the issuance of 6.0125 million shares at a price of 4.02 yuan per share to 142 core management and key personnel [1][5][9]. Approval Procedures - The company has followed the necessary approval procedures, including the review and approval of the incentive plan draft by the board of directors and the supervisory board [2][3]. - Legal opinions and independent financial advisory reports were provided to support the implementation of the incentive plan [2][3]. Reserved Grant Details - The reserved grant date is set for June 30, 2025, with a total of 6.0125 million shares reserved for grant [5][9]. - The reserved grant price is adjusted to 4.02 yuan per share, and the shares will be sourced from the company's A-share ordinary stock [5][9]. - The reserved grant includes 142 individuals, primarily core management and key personnel [5][9]. Lock-up Period and Release Conditions - The lock-up period for the granted restricted stocks is 24 months from the completion of the grant registration [5][7]. - After the lock-up period, the release of the restricted stocks will occur in three phases based on performance assessments over the years 2024 to 2026 [6][7]. Performance Assessment Requirements - The performance assessment will be conducted annually, with specific targets set for revenue growth and net profit growth [7][8]. - The targets include a minimum revenue growth of 20% for the first assessment period and a net profit growth of 40% for the third assessment period [7][8]. Impact on Company - The implementation of the incentive plan is expected to have a positive impact on the company's long-term performance by enhancing management motivation and operational efficiency [10]. - The estimated impact on accounting costs due to the stock payment expenses will be recognized over the years 2025 to 2029 [9][10].

证券代码：000422 证券简称：湖北宜化 公告编号：2025-081 湖北宜化化工股份有限公司 关于 2024 年限制性股票激励计划预留授予 登记完成的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1. 预留授予日：2025 年 6 月 30 日 2. 预留授予的限制性股票上市日：2025 年 7 月 18 日 3. 预留授予数量：6,012,500 股（占授予前公司总股本的比例为 0.56%） 4. 预留授予价格：4.02 元/股 5. 预留授予登记人数：142 人 6. 股票来源：公司向激励对象定向发行公司 A 股普通股 根据《上市公司股权激励管理办法》（以下简称"《管理办法》"）、 深圳证券交易所、中国证券登记结算有限责任公司深圳分公司有关规 定，湖北宜化化工股份有限公司（以下简称"公司"）完成了 2024 年限制性股票激励计划（以下简称"本激励计划"或"本计划"）的 预留授予登记工作，具体情况公告如下： 一、已履行的审批程序 1. 公司第十届董事会薪酬与考核委员会拟订《湖北宜化化工股 份有限公司 2024 年限制性股票激励计划 ...

Core Viewpoint - Hubei Yihua Chemical Co., Ltd. has completed the acquisition of 100% equity of Yichang Xinfai Industrial Investment Co., Ltd. from its controlling shareholder, Hubei Yihua Group, through a cash payment, with the transition period for profit and loss defined from August 1, 2024, to May 31, 2025 [1][2]. Summary by Sections Transition Period Profit and Loss Arrangement - The transition period for the transaction is defined as the time from the evaluation benchmark date of July 31, 2024, to the equity transfer date [1]. - During this period, profits from the acquired assets will belong to the listed company, while any losses will be compensated by the transaction counterparty [1]. Transition Period Profit and Loss Audit - The special audit conducted by Lixin Certified Public Accountants revealed that the net profit attributable to the parent company's shareholders during the transition period is 368,373,737.05 yuan, with no losses incurred [2]. - As a result, the transaction counterparty is not required to bear any compensation responsibility, and the earnings generated during this period will be enjoyed by the listed company [2].