Core Viewpoint - Jinpu Titanium Industry (000545) has announced temporary production halts for its subsidiaries due to financial difficulties and reduced demand for titanium dioxide, with plans to gradually resume operations in 2026 [1][2][3] Group 1: Production Halts - Jinpu Titanium's subsidiary Nanjing Titanium White has ceased acid leaching input and will gradually complete shutdown processes, with a planned resumption of operations in late February 2026 [1] - The company previously announced a complete shutdown of its subsidiary Xuzhou Titanium White, which has an annual capacity of 80,000 tons, accounting for 50% of the company's total titanium dioxide production capacity [1] - Another subsidiary, Anhui Jinpu New Energy Technology, has also temporarily halted production to prevent issues with its sulfuric acid facility, with plans to resume in early March 2026 [2] Group 2: Financial Performance - Jinpu Titanium has been experiencing continuous losses, with revenues declining from 2.51 billion yuan in 2022 to an estimated 2.13 billion yuan in 2024, representing year-on-year decreases of 4.20%, 9.74%, and 5.86% respectively [3] - The net profit attributable to shareholders has also worsened, with losses increasing from 145 million yuan in 2022 to an expected loss of 489 million yuan in 2025, indicating a significant decline in profitability [3] - The company attributes its financial struggles to low sales prices for titanium dioxide, the impact of subsidiary shutdowns on asset value and revenue, and impairment losses on its office building [3] Group 3: Market Response - On February 10, Jinpu Titanium's stock rose by 0.66% to 3.04 yuan, with a current market capitalization of 3 billion yuan [4]

Core Viewpoint - Jinpu Titanium Industry Co., Ltd. announced the temporary suspension of production at its wholly-owned subsidiary, Nanjing Titanium Chemical Co., Ltd., due to current financial conditions and reduced demand for titanium dioxide, particularly as some chemical companies halt production ahead of the Spring Festival [1]. Group 1 - The suspension of acid leaching input will begin immediately, with subsequent processes gradually ceasing operations, and a planned resumption of grinding and acid leaching input in late February 2026 [1]. - During the suspension, Nanjing Titanium will focus on safety hazard rectification, comprehensive equipment maintenance, and employee safety training to ensure readiness for resumption of production [1]. - The temporary suspension is not expected to have a significant impact on the company's operations in 2026, and the company will closely monitor the situation and fulfill its information disclosure obligations [1].

Core Insights - The news highlights significant corporate announcements and performance reports from various companies, indicating potential investment opportunities and market movements. Group 1: Corporate Announcements - Ge Weidong invested 1 billion yuan to subscribe for shares in Jianghuai Automobile's private placement, acquiring approximately 20.05 million shares at a price of 49.88 yuan per share, contributing to a total fundraising of about 3.5 billion yuan from eight investors [3][4] - *ST Cube completed its suspension review and will resume trading on February 11, 2026, after confirming no undisclosed significant matters related to the company [2] - Yunnan Baiyao plans to invest 137 million yuan in a second phase project for oral liquid production to meet growing market demand [11] Group 2: Performance Reports - Semiconductor manufacturer SMIC reported a 23.2% year-on-year increase in net profit for Q4 2025, reaching 1.223 billion yuan, driven by increased wafer sales and improved capacity utilization [5] - Special Biological Company reported a net profit of 1.038 billion yuan for 2025, reflecting a 25.39% increase year-on-year, attributed to stable sales of key products and new product approvals [6] - New Zobang achieved a net profit of 1.098 billion yuan in 2025, marking a 16.56% increase compared to the previous year [6] Group 3: Fundraising and Restructuring - New Han New Materials plans to raise up to 1 billion yuan through a private placement to fund projects related to high-performance resins and composite materials [8] - Chutian Long intends to raise up to 760 million yuan for the development of innovative safety products and digital operations [8] - Yi Yi Co. decided to terminate its plan to acquire 100% equity of a pet food company due to changes in the target company's operational conditions [8] Group 4: Major Contracts and Investments - Yunjiji Group signed an EPC contract worth 1.331 billion yuan for a cement production line and power station in Zimbabwe, representing 86.66% of the company's audited revenue for 2024 [9] - Solar Energy's subsidiary plans to acquire 100% of Jinhua Windling for 527 million yuan, enhancing its position in the solar power industry [9] - Yutong Technology intends to acquire 51% of Huayan Technology for 448.8 million yuan, which will become a subsidiary post-transaction [9]

Core Viewpoint - The company, Jinpu Titanium Industry, announced a temporary halt in production at its subsidiary, Nanjing Titanium White Chemical Co., due to reduced demand for titanium dioxide and current financial conditions, with plans to gradually resume operations in late February 2026 [1] Group 1 - The company is stopping acid leaching input immediately, with subsequent processes also being gradually halted [1] - The decision is influenced by the upcoming Spring Festival and the shutdown of some chemical enterprises, leading to a decrease in titanium dioxide demand [1] - The temporary shutdown is not expected to have a significant impact on the company's overall production and operations in 2026 [1]

Group 1 - Baichuan Co., Ltd. announced a recent price increase for some of its main products due to market supply and demand factors, but the sustainability of this price fluctuation remains uncertain, making it difficult to predict the impact on the company's performance [1] - Jincheng Co., Ltd. plans to increase its acquisition of CMH Company by an additional 42.50% stake, which will give it a total ownership of 97.5% and ultimate control over CMH [2] - Xinhang New Materials intends to raise no more than 1 billion yuan through a private placement of A-shares, with the funds allocated for projects including high-performance resin production and a composite materials innovation center [3] Group 2 - SMIC reported a sales revenue of $2.489 billion for Q4 2025, a 4.5% increase quarter-on-quarter, with an annual revenue of $9.327 billion, reflecting a 16.2% year-on-year growth [4] - China Railway Construction recently won 10 major projects, each valued over 1.5 billion yuan, totaling 45.142 billion yuan, which represents 4.23% of the company's audited revenue for 2024 [5] - Shenzhen Airport recorded a passenger throughput of 5.8795 million in January 2026, a year-on-year increase of 2.84% [6] Group 3 - China State Construction reported a new contract total of 399.5 billion yuan in January 2026, marking a 1.8% year-on-year increase [7] - Jindi Group's sales amount in January 2026 decreased by 45.78% year-on-year, with a signed area of 78,000 square meters [8] - Changyuan Power achieved a power generation of 3.971 billion kWh in January 2026, a year-on-year increase of 37.81% [9] Group 4 - Senyuan Electric is expected to win a project from the Southern Power Grid valued at 272 million yuan [10] - Chengyi Pharmaceutical's products are set to be selected for the national centralized procurement of expiring varieties [12] - Xinwufeng reported a 10.71% year-on-year decrease in pig sales volume in January 2026 [13] Group 5 - Shengnong Development's sales revenue in January 2026 increased by 40.48% year-on-year, with chicken sales volume rising by 42.79% [14] - Minglida announced the termination of its investment in a key component manufacturing project due to global economic uncertainties [15] - CITIC Securities reported that its subsidiary, Huaxia Fund, achieved a net profit of 2.396 billion yuan in 2025 [16] Group 6 - Pianzaihuang completed the first subject enrollment for its Phase II clinical trial of PZH2107 [17] - Xinzhou Bang reported a 16.56% year-on-year increase in net profit for 2025 [18] - Ankai Bus produced 761 vehicles in January 2026, a year-on-year increase of 35.65% [19] Group 7 - Weilan Bio plans to acquire a 50% stake in Aidimeng Weilan for 47 million yuan [20] - Ningbo Gaofa intends to establish a wholly-owned subsidiary with an investment of no more than 100 million yuan [21] - Shanghai Airport signed a leasing contract worth approximately 585 million yuan with the Shanghai Airport Group [22] Group 8 - Fosun Pharma's subsidiary received acceptance for a drug registration application [23] - Jindai Home's subsidiary invested in acquiring shares in a North American market company [24] - Huatong Co. reported a 1.45% year-on-year decrease in pig sales revenue in January 2026 [25] Group 9 - Yunnan Energy Investment's Nanchong Wind Power Project has been approved with a total installed capacity of 62,500 kW [28] - Youyan Silicon reported a 10.14% year-on-year decrease in net profit for 2025 [29] - Jinpu Titanium announced a temporary shutdown of its Nanjing Titanium White production due to reduced demand [30] Group 10 - Yipin Hong completed the sale of its stake in Arthrosi for a total of $9.5 billion in upfront payments [31] - Liande Co. stated that its gas turbine business currently has limited supply, with minimal impact on overall performance [32] - Tiens Wind Power signed new contracts worth 870 million yuan in the offshore engineering sector [33] Group 11 - Daqin Railway reported a freight volume of 31.28 million tons in January 2026, a year-on-year increase of 5% [34] - ST Mingcheng successfully dismissed all claims from Beijing Fusheng in a recent court ruling [35] - Zhiyang Innovation is planning to acquire control of Lingming Photon and will continue its stock suspension for up to five trading days [36][37] Group 12 - Fulai New Materials accelerated the commercialization of flexible sensors, preparing for mass production of its third-generation electronic skin products [38] - Minhe Co. reported a 36.89% year-on-year decrease in sales of broiler chicks in January 2026 [39] - Ruiang Gene received government subsidies totaling 2 million yuan [40] Group 13 - Huiyu Pharmaceutical's shareholder was forced to reduce holdings by 0.307% due to a court order [41] - Fuyuan Pharmaceutical's subsidiary obtained a drug registration certificate for a new oral solution [42] - Xuantai Pharmaceutical's product is set to be selected for national procurement [43] Group 14 - Chunqiu Electronics completed the cancellation of 9.1369 million repurchased shares [44] - Jinguang Electric won a bid worth approximately 28.8691 million yuan [45] - Hongda Co. plans to invest approximately 71.43 million yuan in a 110kV power transmission project [46] Group 15 - Nanchao Foods reported a 1.99% year-on-year decrease in revenue for January 2026 [47] - Shisheng Intelligent plans to repurchase shares worth between 17.5 million and 35 million yuan [48]

智通财经APP讯，金浦钛业(000545.SZ)发布公告，公司全资子公司南京钛白化工有限责任公司(以下简 称"南京钛白")即日起停止酸解投料，后道工序逐步完成停车，计划2026年2月下旬逐步恢复磨矿、酸解 投料，并依序恢复后道工序开车。停产期间，南京钛白将积极组织技术人员和员工进行安全隐患的整改 与装置的全面检维修，并系统开展员工的安全教育培训，充分做好复产准备，确保后续的持续稳定运 行。 ...

Core Viewpoint - Jinpu Titanium Industry (000545.SZ) announced the suspension of acid leaching feed at its wholly-owned subsidiary Nanjing Titanium White Chemical Co., Ltd. The company plans to gradually resume operations by late February 2026, focusing on safety and maintenance during the shutdown period [1] Group 1 - The company will stop acid leaching feed immediately and gradually complete the shutdown of subsequent processes [1] - The planned resumption of grinding and acid leaching feed is set for late February 2026, followed by a phased restart of downstream processes [1] - During the suspension, the company will organize technical personnel and employees to rectify safety hazards and conduct comprehensive maintenance of the facilities [1]

Core Viewpoint - Jinpu Titanium Industry (000545.SZ) announced a temporary production halt at its wholly-owned subsidiary Nanjing Titanium Chemical Co., Ltd. due to current financial conditions and reduced demand for titanium dioxide, particularly as some chemical companies cease operations ahead of the Spring Festival [1] Group 1: Company Operations - Nanjing Titanium will stop acid dissolution input immediately, with subsequent processes gradually ceasing [1] - The company plans to resume grinding and acid dissolution input in late February 2026, followed by a phased restart of downstream processes [1] - During the shutdown, Nanjing Titanium will focus on safety hazard rectification, comprehensive equipment maintenance, and employee safety training to ensure readiness for resumption [1] Group 2: Impact on Business - The temporary shutdown is not expected to have a significant impact on the company's production and operations in 2026 [1] - The company will closely monitor the situation during the temporary shutdown and fulfill its information disclosure obligations in a timely manner [1]

本公司及董事会全体成员保证公告内容真实、准确和完整，没有 任何虚假记载、误导性陈述或者重大遗漏。 证券代码：000545 证券简称：金浦钛业 公告编号：2026－008 金浦钛业股份有限公司 关于公司全资子公司临时停产的公告 二○二六年二月十日 2 鉴于企业当前资金现状及生产运行情况，同时因临近春节，部分 化工企业停产，钛白粉需求量有所减少，金浦钛业股份有限公司（以 下简称"金浦钛业"或"公司"）全资子公司南京钛白化工有限责任 公司（以下简称"南京钛白"）即日起停止酸解投料，后道工序逐步 完成停车，计划 2026 年 2 月下旬逐步恢复磨矿、酸解投料，并依序 恢复后道工序开车。停产期间，南京钛白将积极组织技术人员和员工 进行安全隐患的整改与装置的全面检维修，并系统开展员工的安全教 育培训，充分做好复产准备，确保后续的持续稳定运行。 本次南京钛白临时停产预计不会对公司2026年生产经营产生重 大影响，公司将密切关注南京钛白临时停产后的相关情况并及时履行 信息披露义务。 公司指定的信息披露媒体为《证券时报》《中国证券报》和巨潮 资讯网（www.cninfo.com.cn），敬请投资者关注相关公告，注意投 资风险。 ...

Core Viewpoint - Jinpu Titanium Industry is facing severe operational challenges due to a combination of declining titanium dioxide prices and rising production costs, leading to significant financial losses and multiple capacity adjustments [1][3][5]. Group 1: Company Operations - Jinpu Titanium Industry announced a temporary shutdown of its sulfuric acid production due to reduced demand, with plans to resume in early March [1][7]. - The company previously halted production at its wholly-owned subsidiary Xuzhou Titanium, which accounted for 50% of its total titanium dioxide capacity [1][7]. - The company has reported continuous financial losses for four consecutive years, with net losses of 145 million yuan, 175 million yuan, and 244 million yuan from 2022 to 2024, respectively [3][9]. Group 2: Financial Performance - In the first three quarters of 2025, Jinpu Titanium's revenue was 1.24 billion yuan, a year-on-year decline of 23.68%, while net losses reached 233 million yuan, a staggering year-on-year increase of 325.09% [3][9]. - The gross margin for the first three quarters of 2025 was -2.44%, indicating that the selling price of products is below production costs, leading to losses on each ton produced [3][9]. - The net cash flow from operating activities was -85.1 million yuan, a significant drop from a positive 17.8 million yuan in the same period last year, highlighting severe cash flow issues [3][9]. Group 3: Industry Context - The titanium dioxide industry is experiencing a dual pressure of falling prices and rising costs, with prices dropping from nearly 40,000 yuan per ton in 2021 to 13,000 yuan per ton currently [1][3]. - The production cost of titanium dioxide is expected to rise significantly, with sulfuric acid prices projected to increase by 83% by 2025, exacerbating the industry's financial struggles [3][9]. - The industry is characterized by overcapacity, with domestic production exceeding 6 million tons in 2025, while global demand is only growing at 2-3% annually, intensifying competition [5][11]. Group 4: Strategic Initiatives - Jinpu Titanium attempted to pivot towards the new energy materials sector with a nearly 10 billion yuan investment in lithium iron phosphate projects, but these plans were ultimately abandoned in April 2025 [4][10]. - A major asset restructuring plan aimed at acquiring a stake in a specialized enterprise was also terminated in September 2025 due to market uncertainties [4][10].