2025 年第三次独立董事专门会议决议 湖北宜化化工股份有限公司 2025 年第三次独立董事专门会议决议 湖北宜化化工股份有限公司（以下简称"公司"）2025 年第三次 独立董事专门会议通知于 2025 年 5 月 13 日以书面、电话、电子邮件 相结合的形式发出。本次会议于 2025 年 5 月 14 日以现场结合通讯表 决方式召开。 本次会议应出席独立董事 7 位，实际出席独立董事 7 位。经全体 独立董事共同推举，由杨继林先生召集和主持本次会议。董事会秘书 及其他高级管理人员列席了本次会议。 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》的相关规定。 本次会议经过表决，一致通过如下议案： 一、审议通过了《关于<湖北宜化化工股份有限公司重大资产购 买暨关联交易报告书（草案）（修订稿）>及其摘要的议案》。 公司拟以现金方式购买控股股东湖北宜化集团有限责任公司（以 下简称"宜化集团"）拥有的宜昌新发产业投资有限公司 100%股权 （以下简称"本次交易"）。 根据《中华人民共和国证券法》《上市公司重大资产重组管理办 法》《公开发行证券的公司信息披露内容与格式准则第 ...

证券代码：000422 证券简称：湖北宜化 公告编号：2025-052 湖北宜化化工股份有限公司 关于召开 2025 年第三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 5 月 14 日召开的第十届董事会第四十八次会议审议通过了《关于召开 2025 年第三次临时股东会的议案》，同意于 2025 年 5 月 30 日召开 2025 年第三次临时股东会，将第十届董事会第四十二次和第四十八 次会议、第十届监事会第二十九次和第三十五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 年第三次临时股东会。 （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。 （六）会议的股权登记日：2025 年 5 月 27 日。 （七）出席对象： 1. 在股权登记日持有公司股份的普通股股东或其代理人； 于 2025 年 5 月 ...

证券代码：000422 证券简称：湖北宜化 公告编号：2025-051 湖北宜化化工股份有限公司 第十届监事会第三十五次会议决议公告 本公司及监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、监事会会议召开情况 1. 湖北宜化化工股份有限公司（以下简称"公司"）第十届监事会 第三十五次会议通知于 2025 年 5 月 13 日以书面、电话、电子邮件相 结合的形式发出。 2. 本次监事会会议于 2025 年 5 月 14 日以现场方式召开。 3. 本次监事会会议应出席监事 3 位，实际出席监事 3 位。 4. 本次监事会会议的主持人为监事会主席李刚先生。董事会秘 书及其他高级管理人员列席了本次会议。 5. 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 公司监事会议事规则》的规定。 二、监事会会议审议情况 本次会议经过投票表决，一致通过如下议案： （一）审议通过了《关于<湖北宜化化工股份有限公司重大资产 购买暨关联交易报告书（草案）（修订稿）>及其摘要的议案》。 公司拟以现金方式购买控股股东湖北宜化 ...

证券代码：000422 证券简称：湖北宜化 公告编号：2025-050 湖北宜化化工股份有限公司 第十届董事会第四十八次会议决议公告 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 1. 湖北宜化化工股份有限公司（以下简称"公司"或"湖北宜化"） 第十届董事会第四十八次会议通知于 2025 年 5 月 13 日以书面、电 话、电子邮件相结合的形式发出。 2. 本次董事会会议于 2025 年 5 月 14 日以现场结合通讯表决方 式召开。 3. 本次董事会会议应出席董事 13 位，实际出席董事 13 位。其 中，以通讯表决方式出席会议的董事 5 位，为杨继林先生、刘信光先 生、赵阳先生、郑春美女士、李强先生。 4. 本次董事会会议的主持人为董事长卞平官先生。公司监事、董 事会秘书及其他高级管理人员列席了本次会议。 5. 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 本次会议经过投票表决，一致通过如下议案： （一）审 ...

Core Viewpoint - Hubei Yihua is progressing with the acquisition of Xinjiang Yihua Chemical Co., aiming to increase its stake from 35.597% to 75% through the purchase of 100% equity in Yichang Xinfai Industrial Investment Co., which holds the stake in Xinjiang Yihua [1][3][5] Group 1: Acquisition Details - Hubei Yihua plans to pay 3.208 billion yuan for the acquisition [1] - The company is currently organizing intermediary institutions to conduct audits and due diligence for the transaction [1] - Upon completion, Xinjiang Yihua will become a wholly-owned subsidiary of Hubei Yihua, enhancing its control over the company [1][3] Group 2: Background of Xinjiang Yihua - Xinjiang Yihua, established in March 2010, was previously a significant subsidiary of Hubei Yihua, focusing on PVC, caustic soda, and urea [2] - The company faced operational challenges due to a safety incident in 2017, leading to a significant loss and asset impairment [2] - After restructuring and improving safety management, Xinjiang Yihua has recovered and improved its asset quality and profitability [2] Group 3: Industry Position and Competition - Hubei Yihua is a comprehensive chemical enterprise with a strong market presence in urea, diammonium phosphate, and PVC, contributing over 70% of its revenue [3] - The acquisition will resolve the existing competition between Hubei Yihua and Xinjiang Yihua, benefiting the company's development and protecting shareholder interests [4] Group 4: Strategic Benefits - The acquisition will enhance Hubei Yihua's chemical industry chain layout and improve asset quality and profitability [5] - Xinjiang Yihua's location in a resource-rich area provides a natural cost advantage for its operations [5] - The integration of Xinjiang Yihua with Hubei Yihua's existing subsidiaries in the region will foster synergy and improve overall competitiveness [5]

证券代码：000422 证券简称：湖北宜化 公告编号：2025-046 进展公告》。 二、本次交易的进展情况 截至本公告披露日，公司正在组织中介机构稳步推进加期审计、 补充尽职调查等工作，并按照法律法规要求对本次交易相关文件进行 修订完善。待前述工作完成后，公司将再次召开董事会审议本次交易 的相关事项，并及时履行后续审批及信息披露程序。 湖北宜化化工股份有限公司 关于重大资产购买暨关联交易的进展公告 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。 特别提示： 湖北宜化化工股份有限公司（以下简称"公司"）于 2024 年 12 月 12 日在巨潮资讯网披露的《湖北宜化化工股份有限公司重大资产购 买暨关联交易报告书（草案）》（以下简称"本次交易草案"）及其 摘要中已对本次交易可能存在的风险因素及尚需履行的决策和审批 程序进行了说明，敬请广大投资者注意投资风险。 一、本次交易概述 公司控股股东湖北宜化集团有限责任公司（以下简称"宜化集团"） 为履行承诺责任、解决与公司之间的同业竞争问题，同时进一步提升 公司的资产质量和盈利能力，拟由公司以现金方式向宜化集团购买其 拥 ...

Core Viewpoint - The report highlights the stability of phosphate rock prices at high levels, with orderly production across major domestic production areas and a tight supply of high-grade phosphate rock [2][4]. Group 1: Production and Supply - In 2024, China's phosphate rock production is projected to reach 113.53 million tons, an increase of 8.33 million tons or 7.8% year-on-year, with Hubei, Guizhou, Yunnan, and Sichuan accounting for 40%, 20%, 25%, and 14% of the total production respectively [2][3]. - The import of phosphate rock in 2024 is expected to be 2.07 million tons, an increase of 660,000 tons year-on-year, with an average import price of $93.9 per ton [2][3]. - Domestic production and transportation of phosphate rock are running smoothly, with specific regional conditions noted: Yunnan's rock is primarily for local consumption, Guizhou faces circulation restrictions, Sichuan has stable long-term supply, and Hubei has resumed normal production after a temporary halt [2][3]. Group 2: Price Trends - As of May 9, 2024, the average market prices for domestic phosphate rock of 30%, 28%, and 25% grades are 1,020, 947, and 771 RMB per ton respectively [2][3]. - The prices of downstream products such as monoammonium phosphate (MAP) and diammonium phosphate (DAP) are significantly lower than export prices, indicating a price disparity that may affect domestic market dynamics [3][4]. Group 3: Market Outlook - The report suggests that the increasing barriers to phosphate mining and stricter environmental regulations will limit the supply growth of phosphate rock, maintaining a high level of market stability [4]. - The profitability of integrated fertilizer companies is expected to improve, with cash dividends likely to increase due to favorable market conditions and price support from raw materials like sulfur and sulfuric acid [4].

Investment Rating - The investment rating for the basic chemical industry is "Positive" (maintained) [1] Core Viewpoints - The report highlights that the price of phosphate rock remains stable at a high level, with supply tight for high-grade ores. The production of phosphate rock in China is expected to increase, with a year-on-year growth of 7.8% in 2024, reaching 113.53 million tons [4][10] - The report suggests that the profitability of integrated fertilizer companies is expected to improve due to the high price of phosphate fertilizers and the significant price difference between domestic and international markets [6] Summary by Sections Phosphate Rock Production and Pricing - In 2024, China's phosphate rock production is projected to be 113.53 million tons, an increase of 8.33 million tons year-on-year, with a growth rate of 7.8% [4][10] - The average price of domestic phosphate rock of various grades as of May 9 is 1020, 947, and 771 RMB/ton [5] Fertilizer Market Dynamics - The consumption share of phosphate fertilizers in 2024 is expected to be 60% for monoammonium phosphate, 12% for wet-process phosphoric acid, and 11% for phosphates [5] - The average market price for domestic monoammonium phosphate and diammonium phosphate is 3,140 and 3,715 RMB/ton, respectively, which is lower than the export prices [5] Profitability Outlook - The report anticipates that the profitability of integrated phosphate chemical leading companies will improve, with cash dividends expected to increase due to the high barriers to phosphate mining and stricter environmental regulations [6] - Recommended stocks include Xingfa Group, Yuntianhua, and Chuanheng Co., which have significant phosphate production capacities [6]

Investment Rating - The report maintains an "Overweight" rating for the industry [4] Core Insights - The modern coal chemical industry is experiencing a development opportunity period, driven by industrial upgrades and energy security [10] - Xinjiang is emerging as a strong coal chemical base due to its abundant resources, favorable policies, and significant investment in coal chemical projects [10][28] - The report identifies three major investment directions within the coal chemical industry: equipment providers, project owners, and service providers [9][10] Summary by Sections 1. Modern Coal Chemical Industry Development - Modern coal chemical processes produce alternative petrochemical products and clean fuels, including coal-to-olefins and coal-to-oil [17] - The industry is essential for ensuring national energy security, given China's reliance on coal as a primary energy source [22][26] 2. Xinjiang's Coal Chemical Industry - Xinjiang has rich coal reserves, with a total resource of 2.19 trillion tons, accounting for about 40% of the national total [28] - The region's coal quality is high, primarily consisting of low-sulfur and high-calorific value coal types, making it suitable for large-scale coal chemical projects [33] - Favorable national policies have positioned Xinjiang as a key coal chemical base, with over 800 billion yuan in planned investments for various coal chemical projects [45] 3. Economic Competitiveness - Xinjiang's coal-to-gas production costs are significantly lower than those in Inner Mongolia and Shaanxi, with costs estimated at 1.28 yuan per cubic meter compared to 2.06 yuan and 2.68 yuan, respectively [53] - The report highlights the cost advantages of Xinjiang's coal resources, with pithead prices for coal being substantially lower than in other regions [34][53] 4. Investment Opportunities - Recommended companies for investment include those involved in engineering design, total contracting, and equipment supply, such as Sandi Chemical, China National Chemical, and Donghua Technology [9] - Project owners benefiting from Xinjiang's cost advantages include Baofeng Energy and Guanghui Energy [9] - Service providers in the coal chemical sector, such as Guangdong Hongda and Xuefeng Technology, are also highlighted as potential investment opportunities [9]

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000422 证券简称：湖北宜化 公告编号：2025-045 湖北宜化化工股份有限公司 关于对外担保的进展公告 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、担保情况概述 湖北宜化化工股份有限公司（以下简称"公司"）于2024年5月6日召开的2023年度股东大会审议通过《关 于2024年度对外担保额度预计的议案》，于2024年7月11日召开的2024年第四次临时股东会审议通过 《关于新增2024年度对外担保额度预计的议案》，同意2024年度公司为控股子公司及参股公司提供总计 不超过1,233,587.20万元的担保额度，其中对资产负债率大于70%的控股子公司提供543,000.00万元担保 额度，对资产负债率小于或等于70%的控股子公司提供680,357.20万元担保额度，对资产负债率小于或 等于70%的部分参股公司提供10,230.00万元担保额度。前述担保额度在2025年4月24日公司2024年度股 东会召开前持续有效。 2025年4月，公司使用上述担保额度为全资子公司湖北宜化楚星生态科技有 ...