人民财讯12月29日电，博源化工（000683）12月29日公告，子公司锡林郭勒苏尼特碱业有限公司（简 称"苏尼特碱业"）受天然碱资源品位下降、产品价格下滑、用工数量多、装置相对老旧、大宗物资采购 成本高等综合因素的影响，运行困难，持续亏损，预计未来较长时间难以扭转亏损的局面。为降低公司 运营成本，避免继续生产导致更大规模的亏损和资金投入，公司决定对苏尼特碱业实施长期停产。 ...

博源化工发布公告，为降低公司运营成本，避免继续生产导致更大规模的亏损和资金投入，决定对苏尼 特碱业实施长期停产。 （文章来源：新华财经） ...

格隆汇12月29日丨博源化工(000683.SZ)公布，公司于2025年12月29日召开九届三十七次董事会，审议 通过了《关于子公司锡林郭勒苏尼特碱业有限公司长期停产的议案》，现将具体内容公告如下： 公司子公司锡林郭勒苏尼特碱业有限公司（以下简称苏尼特碱业）受天然碱资源品位下降、产品价格下 滑、用工数量多、装置相对老旧、大宗物资采购成本高等综合因素的影响，运行困难，持续亏损，预计 未来较长时间难以扭转亏损的局面。为降低公司运营成本，避免继续生产导致更大规模的亏损和资金投 入，公司决定对苏尼特碱业实施长期停产。 ...

内蒙古博源化工股份有限公司 证券代码：000683 证券简称：博源化工 公告编号：2025-097 关于子公司锡林郭勒苏尼特碱业有限公司长期停产 的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 内蒙古博源化工股份有限公司（以下简称公司）于 2025 年 12 月 29 日召开 九届三十七次董事会，审议通过了《关于子公司锡林郭勒苏尼特碱业有限公司长 期停产的议案》，现将具体内容公告如下： 公司子公司锡林郭勒苏尼特碱业有限公司（以下简称苏尼特碱业）受天然碱 资源品位下降、产品价格下滑、用工数量多、装置相对老旧、大宗物资采购成本 高等综合因素的影响，运行困难，持续亏损，预计未来较长时间难以扭转亏损的 局面。为降低公司运营成本，避免继续生产导致更大规模的亏损和资金投入，公 司决定对苏尼特碱业实施长期停产。 一、苏尼特碱业基本情况 1.公司名称：锡林郭勒苏尼特碱业有限公司 2.成立日期：2000 年 12 月 4 日 3.注册地点：内蒙古锡林郭勒盟苏尼特右旗乌日根塔拉镇 4.法定代表人：王海明 苏尼特碱业受天然碱资源储量逐年减少、品位持续下降影响，原料卤水制备 ...

证券代码：000683 证券简称：博源化工 公告编号：2025-096 内蒙古博源化工股份有限公司 九届三十七次董事会决议公告 3.本次董事会应参会董事 9 名，实际参会董事 9 名。其中参加现场会议的董 事为戴继锋、宋为兔、邢占飞、李永忠、纪玉虎，通过视频参加会议的董事为刘 宝龙、张世潮、董敏、李要合。会议由公司董事长戴继锋先生主持，公司部分高 级管理人员列席本次会议。 4.本次董事会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《公司章程》的规定。 二、董事会会议审议情况 本公司及董事会全体成员保证信息披露的内容真实、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.内蒙古博源化工股份有限公司（以下简称公司）于 2025 年 12 月 28 日以 书面、传真或者电子通讯方式向公司全体董事发出了关于召开九届三十七次董事 会会议的通知。 2.会议于 2025 年 12 月 29 日在鄂尔多斯市东胜区鄂托克西街博源大厦 19 层会议室以现场和视频相结合的方式召开。 2.深交所要求的其他文件。 1 内蒙古博源化工股份有限公司董事会 1.审议通过《关于子公司锡林郭勒苏尼特碱 ...

2020-2025年1-10月中国纯碱(碳酸钠)产量统计图 上市企业：远兴能源（000683）,三友化工（600409）,山东海化（000822）,双环科技（000707）,氯碱化 工（600618）,金晶科技（600586）,湖北宜化（000422）,云图控股（002539）,和邦生物（603077） 相关报告：智研咨询发布的《2025-2031年中国纯碱行业市场专项调研及竞争战略分析报告》 根据国家统计局数据显示：2025年10月中国纯碱(碳酸钠)产量为341万吨，同比增长2.9%；2025年1-10 月中国纯碱(碳酸钠)累计产量为3301.7万吨，累计增长5.2%。 数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 ...

Group 1 - The core viewpoint of the news is that Boyuan Chemical has shown a significant increase in stock price and trading activity, indicating positive market sentiment and potential investment interest [1][2]. - As of December 24, Boyuan Chemical's stock price rose by 2.09% to 7.31 CNY per share, with a total market capitalization of 27.17 billion CNY and a trading volume of 198 million CNY [1]. - The company has experienced a year-to-date stock price increase of 38.19%, with notable gains of 6.25% over the last five trading days and 21.43% over the last 60 days [1]. Group 2 - For the period from January to September 2025, Boyuan Chemical reported a revenue of 8.656 billion CNY, a year-on-year decrease of 16.54%, and a net profit attributable to shareholders of 1.062 billion CNY, down 41.15% year-on-year [2]. - The company has distributed a total of 3.508 billion CNY in dividends since its A-share listing, with 2.778 billion CNY distributed over the last three years [3]. - As of September 30, 2025, the number of shareholders decreased by 20.25% to 81,600, while the average number of circulating shares per person increased by 25.39% to 40,649 shares [2][3].

博源化工（000683.SZ）12月18日在投资者互动平台表示，目前阿碱项目二期尚处于试生产阶段。后续 公司将依托成本与规模优势，强化市场竞争力；灵活运用市场工具，不断优化经营策略等多项举措，有 效保障产品销路。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：尊敬的董秘，您好！ 现在纯碱下游需求偏淡。我们二 期投产后，产品品质如何，产品销路是否有保障？ ...

1. Report Industry Investment Rating No relevant content provided. 2. Core Views of the Report - Glass: The core contradiction in the glass industry remains weak demand, and significant improvement is unlikely in 2026. If the supply side can significantly contract, the market may reverse. Policy - driven supply contraction is possible, especially in Hubei in the second half of 2026. The key variable in 2026 is still the policy end, and the pattern of rising by expectation and falling by delivery will continue [1][104]. - Soda Ash: High production and high inventory are the core pressures on the soda ash industry. In 2026, there may be nearly 10% incremental production capacity. The industry needs to further reduce production to resolve the dilemma. Key variables in 2026 include export market trends, supply reduction due to low prices, and the resolution of warehouse receipt pressure [2][105]. 3. Summary According to the Directory 3.1 2025 Glass and Soda Ash Trend Review - Glass: In 2025, glass was weak. The price of the main contract dropped from 1470 yuan/ton to 950 yuan/ton, a decline of 35.4%. Factory inventory increased, and order volume declined. The market was affected by concerns about the capital situation of real - estate and glass processing enterprises. After a brief rebound in July, the price continued to fall from October [5]. - Soda Ash: In 2025, the soda ash market faced pressure from expanding production capacity and weak downstream demand. The price decreased significantly, with the average price of heavy soda ash in Hebei Shahe dropping by about 33.3% compared to 2024. The industry's capacity utilization rate declined, and inventory remained high. Although exports increased by 101.6% year - on - year as of November, the overall situation was still challenging [6][7]. 3.2 Real Estate Market Creeping Forward with Policy Support but No Boost - In 2026, the real - estate market is still difficult to improve substantially. The potential large - scale interest rate cuts and quantitative easing in the US may help domestic real - estate debt resolution in the second half of 2026. Domestic policies aim to stabilize the market, and although the decline rate of real - estate indicators has slowed, full recovery still takes time [8][9]. 3.3 Demand under Pressure, Supply Changes More Important in 2026 3.3.1 Demand Still under Pressure - Glass Processing: The production of glass deep - processing products decreased. As of October 2025, the cumulative production of tempered glass decreased by 6.8% year - on - year, hollow glass by 9.2%, and LOW - E glass had a low operating rate. The industry is in a negative feedback loop [23][24]. - Regional and Non - standard Arbitrage: Regional spreads narrowed, making regional arbitrage more difficult. Non - standard products, especially small - sized glass, were weak, which affected the non - standard arbitrage in Hebei. Large manufacturers no longer supported prices, and regional competition became more differentiated [34]. 3.3.2 Production Changes as the Future Key Variable - Policy: Since the second half of 2025, central policies have focused on "anti - deflation and anti - involution". The Hubei Ecological Environment Department requires energy transformation of glass kilns by the end of 2026, which may significantly impact the market [41][42]. - Supply - side Market Changes: In 2025, the glass industry's supply was slightly high, and production reduction was not active. In 2026, potential new line ignition and old line restart scale are high, but actual production depends on market demand. If demand remains poor, production reduction may resume in the second half of 2026 [50][52]. - Inventory Differentiation: As of November 2025, national glass factory inventory increased by 33.6% year - on - year, with significant regional differences. Inventory differentiation is due to factors such as proximity to demand, direct sales, and deep - processing capacity expansion. This may lead to further fragmentation of the glass industry [60]. 3.4 Photovoltaic Glass - In 2025, the photovoltaic glass market was volatile. Supply increased in the first half of the year but decreased later due to over - capacity. Demand was affected by trade risks and grid consumption factors. Prices fluctuated throughout the year. In 2026, the market may face pressure in the first half, but the second half is not overly pessimistic [68][69][82]. 3.5 Soda Ash Supply Surplus Pressure Remains High, Price Fluctuation Range May Shrink - Stock Supply Game: In 2025, soda ash supply changes mainly came from stock supply games. In 2026, glass industry production reduction may drive soda ash production reduction. Seasonal maintenance and matching with glass supply are important factors in soda ash supply [87]. - Inventory Structure and Relative Spread Support: In 2025, the soda ash market was supported by almost equal light - heavy spreads and good export performance. Inventory was concentrated, and high - inventory manufacturers took measures to hedge risks. Future export growth and heavy - to - light soda conversion may support the market [92]. - Long - term Trend: The potential new production capacity of soda ash from the end of 2025 to 2026 is 480 - 630 tons, with a potential increase of over 10%. The long - term problem of high production and high inventory needs to be resolved through industry supply clearance [102].

Group 1 - The company stated that the energy consumption of various specifications of soda ash produced meets the GB29140-2024 standards for energy consumption limits of soda ash unit products [1] - The coal used in the Alashan project has a calorific value of 4500-5500 Kcal/kg [1]