证券代码：000698 证券简称：沈阳化工 公告编号：2024-062 沈阳化工股份有限公司 关于召开2024年第二次临时股东大会的提示性公告 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。 沈阳化工股份有限公司（以下简称"公司"）已于2024年8月16日在《证券时报》 《中国证券报》《上海证券报》及巨潮资讯网上刊登了公告编号为2024-056《沈阳化 工股份有限公司关于召开2024年第二次临时股东大会的通知》。为方便公司股东行使 股东大会表决权，完善本次股东大会的表决机制，现公布关于召开公司2024年第二次 临时股东大会的提示性公告： 一、会议召开的基本情况 （一）股东大会的届次：公司2024年第二次临时股东大会。 （二）股东大会的召集人：公司董事会。 公司于2024年8月15日召开的第九届董事会第二十七次会议，审议通过了《关于 召开2024年第二次临时股东大会的议案》，会议决定于2024年9月2日（星期一）召开 公司2024年第二次临时股东大会。 （三）会议召开的合法性及合规性：本次股东大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 ...

合并资产负债表 编制单位：沈阳化工股份有限公司 2024 年 06 月 30 日 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 773,508,839.96 | 1,399,988,498.84 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | | | | 衍生金融资产 | | | | 应收票据 | | | | 应收账款 | 153,917,648.61 | 84,806,692.37 | | 应收款项融资 | 610,448,144.61 | 684,579,857.16 | | 预付款项 | 133,097,230.64 | 69,266,049.83 | | 应收保费 | | | | 应收分保账款 | | | | 应收分保合同准备金 | | | | 其他应收款 | 160,572,331.31 | 154,370,999.10 | | 其中：应收利息 | 28,896,388.47 | 22,245,910.69 | | 应收股利 | | | | 买入返售金融资产 | | | | ...

沈阳化工股份有限公司董事会审计委员会关于 第九届董事会第二十八次会议部分议案的审查意见 根据《深圳证券交易所股票上市规则》《深圳证券交易所上市公司规范运作 指引》等相关规定，我们作为沈阳化工股份有限公司（以下简称"公司"）董事 会审计委员会成员，对公司《2024 年半年度报告及摘要》进行了认真审议，基 于审慎的判断，发表如下审查意见： 一、关于 2024 年半年度报告及摘要的议案 三、关于子公司通过财务公司对公司提供委托贷款暨关联交易的议案 我们认为上述交易事项符合《中华人民共和国公司法》《中华人民共和国证 券法》中国证券监督管理委员会和深圳证券交易所的有关规定，符合公司和全体 股东的利益，不会对上市公司独立性构成影响，不存在损害公司及股东利益的情 形；同意将上述议案提交公司第八届董事会会议审议。在上述关联交易议案进行 审议时，关联董事应回避表决。 审计委员会：吴粒（主任委员） 葛友根、王岩、杨向宏 二○二四年八月二十三日 公司 2024 年半年度报告的编制和审议符合法律、法规、公司章程及相关制 度的各项规定；公司 2024 年半年度报告的内容和格式符合中国证监会和深圳证 券交易所的各项规定，所包含的信息能够 ...

证券代码：000698 证券简称：沈阳化工 公告编号：2024-061 沈阳化工股份有限公司关于子公司通过财务公司 对公司提供委托贷款暨关联交易的公告 。 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。 重要内容提示： 1、委托贷款对象：中化东大（淄博）有限公司 2、委托贷款金额：7,000 万元人民币 根据《深圳证券交易所股票上市规则》规定，公司本次关联交易金额未达到 公司最近一期经审计净资产绝对值 5%，因此此议案无需提交股东大会审议。 二、委托贷款协议主体基本情况 （一）委托方 公司名称：中化东大（淄博）有限公司 统一社会信用代码：91370300786135811Q 3、委托贷款期限：90 天 4、委托贷款利率：3.4%。 5、履行的审议程序：经公司 2024 年 8 月 23 日召开的第九届董事会第二十 八次会议审议通过。 一、委托贷款概述 中化东大（淄博）有限公司（以下简称"中化东大"）拟通过中化集团财务有 限责任公司（以下简称"财务公司"）向沈阳化工股份有限公司（以下简称"沈阳 化工"或"公司"）提供委托贷款 7,000 万元。委托贷款期限 90 ...

| | | 占用方 | | | 2024 年 | 2024 年 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 与上市 | 上市公 | 2024 年期 | 1-6 月累 | 1-6 月占 | 2024 年 | 2024 年 6 | | | | 非经营性资金占用 | 资金占用方名称 | 公司的 | 司核算 | 初占用资 | 计发生金 | 用资金的 | 1-6 月偿 | 月期末占 | 占用形 | 占用性质 | | | | | 的会计 | | | | 还累计发 | 用资金余 | 成原因 | | | | | 关联关 | 科目 | 金余额 | 额（不含利 | 利息（如 | 生金额 | 额 | | | | | | 系 | | | 息） | 有） | | | | | | 控股股东、实际控制人 | | | | | | | | | | | | 及其附属企业 | | | | | | | | | | | | 小计 | | | | | | | | | | | | 前控股股东、实际控制 | | | | | | | | ...

证券代码：000698 证券简称：沈阳化工 公告编号：2024-060 沈阳化工股份有限公司 关于调整2024年度日常关联交易预计的公告 。 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。 一、日常关联交易基本情况 （一）日常关联交易概述 沈阳化工股份有限公司（以下简称"公司"）及子公司的关联方主要包括中 国中化控股有限责任公司（以下简称"中国中化"）、中国蓝星（集团）股份有 限公司（以下简称"蓝星集团"）、沈阳化工集团有限公司（以下简称"沈化集 团"）、部分参股企业等。因日常生产经营需要，公司与上述关联人发生的日常 关联交易包括销售商品、采购原材料、接受劳务等业务。 公司于 2024 年4 月 26 日召开第九届董事会第二十四次会议，审议通过了《关 于 2024 年度日常关联交易预计的议案》。预计 2024 年公司与上述关联人发生销 售商品、采购原材料、接受劳务等业务的日常关联交易总额为 103,468.18 万元。 关联董事葛友根、王岩回避表决，非关联董事以 4 票同意、0 票反对、0 票弃权 一致通过了上述议案。公司于 2024 年 5 月 25 日召开 ...

沈阳化工股份有限公司独立董事关于控股股东 及其他关联方占用公司资金、公司对外担保情况的 专项说明和意见 我们认为，公司遵守有关法律法规及《公司章程》关于对外担保、关联方资 金往来及关联交易的相关规定，不存在损害公司及公司股东，特别是中小股东利 益的情况。 独立董事：杨向宏 卜新平 吴粒 二〇二四年八月二十三日 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司独 立董事规则》《上市公司治理准则》《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、部门规章、规范性文件以及《沈阳化工股份有限公司章程》（以下简称"《公 司章程》"）等有关规定，我们作为沈阳化工股份有限公司（以下简称"公司"） 的独立董事，对公司 2024 年半年度与控股股东及其他关联方占用公司资金、公 司对外担保情况进行了认真地了解与核查，发表如下专项说明和意见： 1、公司与控股股东及其他关联方的资金往来均属于正常的经营性资金往来、 不存在控股股东、实际控制人及其他关联方违规占用公司资金的情况。 2、报告期内，公司能够严格遵守证监会监发的相关法律的规定，审慎对待 关于 ...

沈阳化工股份有限公司第九届董事会 独立董事专门会议 2024 年第七次会议审查意见 三、关于子公司通过财务公司对公司提供委托贷款暨关联交易的议案 子公司通过财务公司为公司提供委托贷款的事项符合公司的根本利益，不存 在损害公司和全体股东、特别是中小股东利益的情形，符合有关法律、法规和公 司章程的规定；董事会在审议、表决上述关联交易时，关联董事已回避表决。 独立董事：杨向宏 吴粒 陶胜洋 二○二四年八月二十三日 根据《上市公司独立董事规则》《公司章程》等相关法律法规、规范性文件 的规定，沈阳化工股份有限公司（以下简称"公司"）独立董事于 2024 年 8 月 23 日召开了第九届董事会独立董事专门会议，对公司第九届董事会第二十八 次会议部分议案进行了认真审查，发表的审查意见如下： 一、关于对中化集团财务有限责任公司风险评估报告的议案 中化集团财务有限责任公司（以下简称"财务公司"）作为非银行金融机构， 具有合法有效的《金融许可证》《企业法人营业执照》。财务公司对公司开展的 金融服务业务为正常的商业服务，公司与财务公司之间发生的关联存款等金融服 务业务公平、合理。其业务范围、业务内容和内部控制制度等都受到中国银行监 ...

沈阳化工股份有限公司 第九届董事会第二十八次会议决议公告 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、会议的通知时间及方式：沈阳化工股份有限公司（以下简称"公司"）第 九届董事会第二十八次会议通知于2024年8月13日以电话及电子邮件方式发出。 证券代码：000698 证券简称：沈阳化工 公告编号：2024-057 2、会议的时间、地点和方式：本次会议定于 2024 年 8 月 23 日以现场及网络 会议的方式召开。 3、会议出席情况：本次会议应出席董事 6 名，实际出席董事 6 名。公司董事 会成员通过现场及网络会议的方式出席本次会议。 4、会议的主持人及列席人员：本次会议由公司董事姜立辉主持，公司监事及 高管人员列席会议。 5、会议召开的合规性：本次会议的召开符合有关法律、行政法规、部门规章、 规范性文件和公司章程的规定。 二、董事会会议审议情况 1、关于2024年半年度报告及摘要的议案 内容详见公司于同日在指定信息披露媒体上刊载的公司 2024 年半年度报告及 摘要。 同意：6票；反对：0票；弃权：0票 表决结果：通过 表 ...

[Important Notice, Table of Contents, and Definitions](index=1&type=section&id=Important%20Notice%2C%20Table%20of%20Contents%2C%20and%20Definitions) The company's Board of Directors, Supervisory Board, and senior management ensure the truthfulness, accuracy, and completeness of this semi-annual report, which is unaudited, and no cash dividends, bonus shares, or capital reserve conversions are planned[1](index=1&type=chunk) [Company Profile and Key Financial Indicators](index=6&type=section&id=Company%20Profile%20and%20Key%20Financial%20Indicators) [Company Profile](index=6&type=section&id=Company%20Profile) Shenyang Chemical Co., Ltd. (stock code: 000698) is a company listed on the Shenzhen Stock Exchange, with Chen Shukang as its legal representative Company Information | Item | Content | | :--- | :--- | | **Stock Abbreviation** | Shenyang Chemical | | **Stock Code** | 000698 | | **Listing Exchange** | Shenzhen Stock Exchange | | **Legal Representative** | Chen Shukang | [Key Accounting Data and Financial Indicators](index=7&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) Revenue increased by 2.70% to **2.38 billion CNY**, but net loss attributable to shareholders widened by 16.59% to **284.60 million CNY**, while net loss excluding non-recurring items significantly narrowed by 69.00% to **75.28 million CNY**, and operating cash flow turned positive Key Financial Data | Indicator | Current Period | Prior Period | YoY Change | | :--- | :--- | :--- | :--- | | **Operating Revenue (CNY)** | 2,377,014,775.91 | 2,314,475,557.13 | 2.70% | | **Net Profit Attributable to Shareholders (CNY)** | -284,602,794.21 | -244,109,882.74 | -16.59% | | **Net Profit Excluding Non-Recurring Items (CNY)** | -75,280,448.96 | -242,877,241.35 | 69.00% | | **Net Cash Flow from Operating Activities (CNY)** | 4,041,287.23 | -40,187,258.78 | 110.06% | | **Basic Earnings Per Share (CNY/share)** | -0.347 | -0.298 | -16.44% | | **Weighted Average Return on Net Assets** | -20.25% | -12.99% | -7.26% | | **Total Assets (CNY)** | 4,814,051,924.13 | 6,083,200,108.57 | -20.86% (Period-end vs. Prior Year-end) | | **Net Assets Attributable to Shareholders (CNY)** | 1,268,525,808.77 | 1,542,432,318.58 | -17.76% (Period-end vs. Prior Year-end) | [Non-Recurring Gains and Losses and Amounts](index=7&type=section&id=Non-Recurring%20Gains%20and%20Losses%20and%20Amounts) Non-recurring losses totaled **209.32 million CNY**, primarily due to a **217.43 million CNY** investment loss from a subsidiary's deconsolidation Non-Recurring Gains and Losses | Item | Amount (CNY) | | :--- | :--- | | Gains/Losses on Disposal of Non-Current Assets | 2,020,083.16 | | Government Grants Included in Current Profit/Loss | 2,824,046.38 | | Other Non-Operating Income/Expenses | 4,118,202.82 | | **Investment Income** | **-217,433,931.31** | | Less: Income Tax Impact | 830,364.65 | | Less: Impact of Minority Interests (After Tax) | 20,381.65 | | **Total** | **-209,322,345.25** | [Management Discussion and Analysis](index=9&type=section&id=Management%20Discussion%20and%20Analysis) [Principal Businesses and Operations During the Reporting Period](index=9&type=section&id=Principal%20Businesses%20and%20Operations%20During%20the%20Reporting%20Period) The company's core business involves chlor-alkali and polyether polyol chemical products, achieving **2.38 billion CNY** in revenue despite a sluggish market - Company's main products include caustic soda, PVC paste resin, and polyether polyols[14](index=14&type=chunk) - Achieved **2.38 billion CNY** in operating revenue in the first half of 2024[14](index=14&type=chunk) - Operating model includes differentiated customized marketing, increased R&D investment, and centralized procurement to reduce costs and increase efficiency[14](index=14&type=chunk) [Analysis of Core Competencies](index=9&type=section&id=Analysis%20of%20Core%20Competencies) The company's core strengths lie in its strong brand, continuous technological innovation, and industry leadership, including "China Famous Brand Product" and "National High-Tech Enterprise" recognitions - Brand advantages: PVC paste resin is a "China Famous Brand Product," "Xingta" brand is a "China Well-known Trademark," and "Dongda" brand polyether polyol is an industry "renowned brand"[15](index=15&type=chunk) - Technology and qualifications: The company has been recognized as a National High-Tech Enterprise since 2008, enjoying a **15%** corporate income tax preference; subsidiary Sinochem Dongda is also a National High-Tech Enterprise and a Manufacturing Single Champion Demonstration Enterprise[15](index=15&type=chunk) [Analysis of Principal Business](index=9&type=section&id=Analysis%20of%20Principal%20Business) Polyether and chlor-alkali segments drove revenue growth, while petrochemical revenue significantly declined due to a subsidiary's shutdown and deconsolidation, leading to a sharp increase in management expenses and substantial cash outflow from financing activities Key Financial Indicators | Financial Indicator | Current Period | Prior Period | YoY Change | Main Reason for Change | | :--- | :--- | :--- | :--- | :--- | | **Management Expenses** | 150,026,266.31 | 67,505,087.46 | 122.24% | Increased expenses for laid-off personnel and Wax Chemical shutdown | | **Net Cash Flow from Operating Activities** | 4,041,287.23 | -40,187,258.78 | 110.06% | Reduced tax payments | | **Net Cash Flow from Financing Activities** | -424,678,577.17 | -112,696,006.10 | -276.84% | Repayment of Wax Chemical company loans | Operating Revenue Composition (by Industry) | Industry | Current Period Revenue (CNY) | % of Total Revenue | YoY Change | | :--- | :--- | :--- | :--- | | Petrochemical Industry | 59,319,514.02 | 2.50% | -87.88% | | Chlor-Alkali Chemical Industry | 935,740,812.04 | 39.37% | 19.34% | | Polyether Chemical Industry | 1,361,252,167.93 | 57.27% | 34.66% | Operating Revenue Composition (by Product) | Product | Current Period Revenue (CNY) | % of Total Revenue | YoY Change | | :--- | :--- | :--- | :--- | | Paste Resin | 659,984,271.99 | 27.77% | 39.47% | | Caustic Soda | 248,519,318.75 | 10.46% | -13.50% | | Acrylic Acid and Esters | 59,319,514.02 | 2.50% | -85.88% | | Polyether | 1,361,252,167.93 | 57.27% | 34.66% | [Analysis of Assets and Liabilities](index=11&type=section&id=Analysis%20of%20Assets%20and%20Liabilities) Total assets decreased by **20.86%** to **4.81 billion CNY** due to the deconsolidation of a subsidiary entering bankruptcy, impacting various asset and liability accounts, with **842.53 million CNY** in restricted assets - Deconsolidation of subsidiary Wax Chemical Co., Ltd. due to bankruptcy proceedings led to significant changes in multiple asset and liability accounts[20](index=20&type=chunk)[21](index=21&type=chunk) Asset and Liability Changes | Asset and Liability Item | Period-end Amount (CNY) | Explanation of Change from Prior Year-end | | :--- | :--- | :--- | | **Cash and Equivalents** | 773,508,839.96 | -6.94% (of total assets), mainly due to repayment of interest-bearing debt of Wax Chemical Co. | | **Fixed Assets** | 1,927,350,108.36 | Mainly due to subsidiary's deconsolidation | | **Short-term Borrowings** | 849,510,410.05 | -6.69% (of total assets), mainly due to partial repayment of Wax Chemical Co. loans upon maturity | | **Taxes Payable** | 12,725,940.97 | -1.52% (of total assets), mainly due to subsidiary's deconsolidation | Period-end Restricted Assets | Item | Period-end Restricted Amount (CNY) | Reason for Restriction | | :--- | :--- | :--- | | Cash and Equivalents | 236,227,122.15 | Used for margin deposits | | Fixed Assets | 171,139,735.75 | Used as collateral for secured loans | | Accounts Receivable Financing | 435,163,775.55 | Used as pledge collateral | | **Total** | **842,530,633.45** | | [Analysis of Investment Status](index=13&type=section&id=Analysis%20of%20Investment%20Status) The company's investments focused on expanding polyether polyol business, including a **65 million CNY** investment in Sinochem Dongda (Quanzhou) and ongoing construction of a **240,000 tons/year** polyether polyol project, with another subsidiary's capacity increasing to **400,000 tons/year** - New investment in Sinochem Dongda (Quanzhou) Co., Ltd. with an investment of **65 million CNY** and **100%** ownership, for polyether production and sales[23](index=23&type=chunk)[24](index=24&type=chunk) - Significant non-equity investment project is the "240,000 tons/year Polyether Polyol Project," with **38.47 million CNY** invested in the current period, cumulative investment of **47.32 million CNY**, and project progress at **20%**[25](index=25&type=chunk)[26](index=26&type=chunk) [Significant Asset and Equity Disposals](index=16&type=section&id=Significant%20Asset%20and%20Equity%20Disposals) The company sold its **100%** equity in Shandong Bluestar Dongda (Nanjing) Co., Ltd. for **158.39 million CNY** to optimize resource allocation and focus on core business - The company sold **100%** equity in Shandong Bluestar Dongda (Nanjing) Co., Ltd. to Nanjing Chengzi Clean Energy Co., Ltd. for **158.39 million CNY**[30](index=30&type=chunk) - This equity disposal aims to revitalize assets, optimize resource allocation, and focus on the company's core business, aligning with its overall development strategy[30](index=30&type=chunk)[31](index=31&type=chunk) [Analysis of Major Holding and Participating Companies](index=17&type=section&id=Analysis%20of%20Major%20Holding%20and%20Participating%20Companies) Core subsidiary Sinochem Dongda (Zibo) Co., Ltd. reported a net profit of **31.77 million CNY**, while the company completed the sale of Shandong Bluestar Dongda (Nanjing) and deconsolidated Shenyang Wax Chemical Co., Ltd. due to bankruptcy Major Subsidiary Financial Data | Company Name | Type | Principal Business | Net Profit (CNY) | | :--- | :--- | :--- | :--- | | Sinochem Dongda (Zibo) Co., Ltd. | Subsidiary | Polyether Chemicals and Related Products | 31,773,681.88 | - Disposed of **100%** equity in Shandong Bluestar Dongda (Nanjing) Co., Ltd. during the reporting period[32](index=32&type=chunk) - Wholly-owned subsidiary Shenyang Wax Chemical Co., Ltd. was accepted for bankruptcy liquidation by the court and is no longer included in the company's consolidated financial statements[32](index=32&type=chunk) [Risks Faced by the Company and Countermeasures](index=18&type=section&id=Risks%20Faced%20by%20the%20Company%20and%20Countermeasures) The company faces risks from a sluggish chlor-alkali and polyether polyol market, planning to address them through enhanced safety, operational excellence, technological innovation, deepened reform, and strengthened Party building - Main risks: Continued sluggishness in the chlor-alkali chemical market leading to shrinking downstream demand; polyether polyol demand constrained by furniture and construction industries, leading to price declines[34](index=34&type=chunk) - Countermeasures include: - **Safety Management**: Thoroughly investigate and rectify major accident hazards, strengthen HSE management - **Operational Excellence**: Strengthen production planning and supply/sales management, tap potential for cost reduction, and improve profitability - **Technological Innovation**: Advance the Sinochem Dongda Quanzhou project and develop new grades of paste resin - **Deepening Reform**: Strengthen the listed company platform function and promote smart factory construction - **Party Building Leadership**: Solidly carry out themed education and leverage the leading role of Party building[34](index=34&type=chunk)[35](index=35&type=chunk) [Corporate Governance](index=20&type=section&id=Corporate%20Governance) [Information on Annual and Extraordinary General Meetings Held During the Reporting Period](index=20&type=section&id=Information%20on%20Annual%20and%20Extraordinary%20General%20Meetings%20Held%20During%20the%20Reporting%20Period) The company held its 2023 Annual General Meeting on **May 24, 2024**, with a **27.67%** investor participation rate[37](index=37&type=chunk) [Changes in Directors, Supervisors, and Senior Management](index=20&type=section&id=Changes%20in%20Directors%2C%20Supervisors%2C%20and%20Senior%20Management) During the reporting period, the company appointed new Executive Deputy General Manager, Chief Financial Officer, and Securities Affairs Representative Personnel Changes | Name | Position Held | Type | Date | | :--- | :--- | :--- | :--- | | Shao Changwei | Executive Deputy General Manager | Appointment | 2024年03月06日 | | Sun Hongyun | Chief Financial Officer | Appointment | 2024年03月25日 | | Zhang Qian | Securities Affairs Representative | Appointment | 2024年04月26日 | [Profit Distribution and Capital Reserve Conversion to Share Capital in the Current Reporting Period](index=20&type=section&id=Profit%20Distribution%20and%20Capital%20Reserve%20Conversion%20to%20Share%20Capital%20in%20the%20Current%20Reporting%20Period) The company plans no cash dividends, bonus shares, or capital reserve conversions for the 2024 semi-annual period - The company's semi-annual profit distribution plan is a "three noes" scheme: no cash dividends, no bonus shares, and no capital reserve conversions to share capital[39](index=39&type=chunk) [Environmental and Social Responsibility](index=21&type=section&id=Environmental%20and%20Social%20Responsibility) [Significant Environmental Issues](index=21&type=section&id=Significant%20Environmental%20Issues) The company, a key pollutant-discharging entity, strictly adheres to environmental regulations, with **6.99 million CNY** invested in environmental governance and no administrative penalties for environmental issues in H1 2024 - The company and its subsidiaries are classified as key pollutant-discharging entities and have obtained pollutant discharge permits[40](index=40&type=chunk)[41](index=41&type=chunk) - During the reporting period, the company's pollutant emissions met standards, with no instances of exceeding limits[41](index=41&type=chunk) - In the first half of 2024, Shenyang Chemical invested **6.99 million CNY** in environmental governance and protection, and paid **10,141.22 CNY** in environmental taxes[42](index=42&type=chunk) [Social Responsibility](index=24&type=section&id=Social%20Responsibility) The company actively fulfills social responsibilities by supporting poverty alleviation through consumer assistance and rural revitalization projects in partnership with local villages - Shenyang Chemical supported poverty alleviation by purchasing **0.33 million CNY** worth of agricultural products from Gulang County, Gansu Province, for employee benefits[43](index=43&type=chunk) - Subsidiary Sinochem Dongda donated **0.10 million CNY** to each of two supported villages and engaged in Party building co-construction and priority procurement to support rural revitalization[43](index=43&type=chunk) [Significant Matters](index=25&type=section&id=Significant%20Matters) [Significant Related Party Transactions](index=26&type=section&id=Significant%20Related%20Party%20Transactions) The company has significant financial transactions with its related party finance company, including **530.53 million CNY** in deposits and **760.00 million CNY** in loans, and an outstanding debt of **246.59 million CNY** to its parent company Transactions with Sinochem Group Finance Co., Ltd. (million CNY) | Business Type | Daily Maximum Deposit Limit/Loan Limit | Beginning Balance | Current Period Transactions | Period-end Balance | | :--- | :--- | :--- | :--- | :--- | | **Deposit Business** | 1,200.00 | 1,005.78 | Deposited 4,977.37 / Withdrawn 5,452.62 | 530.53 | | **Loan Business** | 1,500.00 | 840.00 | Loaned 825.00 / Repaid 905.00 | 760.00 | - The company's outstanding debt to its parent company, Shenhua Group, was **246.59 million CNY** at period-end[48](index=48&type=chunk) [Significant Contracts and Their Performance](index=28&type=section&id=Significant%20Contracts%20and%20Their%20Performance) The company's total outstanding external guarantees amounted to **372.97 million CNY**, representing **29.40%** of its net assets, all provided to subsidiary Shenyang Wax Chemical Co., Ltd. and not yet fulfilled Significant Guarantees | Item | Amount (million CNY) | | :--- | :--- | | Total Approved External Guarantee Limit at Period-end | 3,800.00 | | Total Actual External Guarantee Balance at Period-end | 372.97 | | Ratio of Total Actual Guarantees to Company's Net Assets | 29.40% | - All external guarantees are provided to Shenyang Wax Chemical Co., Ltd[56](index=56&type=chunk)[57](index=57&type=chunk) [Significant Matters of Company Subsidiaries](index=30&type=section&id=Significant%20Matters%20of%20Company%20Subsidiaries) Subsidiary Shenyang Wax Chemical permanently ceased operations and entered bankruptcy, while Sinochem Dongda (Zibo) expanded polyether polyol capacity to **400,000 tons/year**, and the company completed the **158.39 million CNY** transfer of Shandong Bluestar Dongda (Nanjing) equity - Subsidiary Shenyang Wax Chemical permanently ceased major production operations and was accepted for bankruptcy liquidation by the court[61](index=61&type=chunk)[62](index=62&type=chunk) - Subsidiary Sinochem Dongda (Zibo) Co., Ltd.'s polyether polyol expansion project was approved, increasing annual capacity from **300,000 tons to 400,000 tons**[61](index=61&type=chunk)[62](index=62&type=chunk) - The company publicly transferred **100%** equity of subsidiary Shandong Bluestar Dongda (Nanjing) Co., Ltd. for **158.39 million CNY**[62](index=62&type=chunk) [Share Changes and Shareholder Information](index=32&type=section&id=Share%20Changes%20and%20Shareholder%20Information) [Share Changes](index=32&type=section&id=Share%20Changes) The company's total share capital remained unchanged at **819,514,395 shares**, with **4.12%** restricted and **95.88%** unrestricted shares Share Capital Structure | Share Type | Quantity (shares) | Proportion | | :--- | :--- | :--- | | **Restricted Shares** | 33,803,922 | 4.12% | | **Unrestricted Shares** | 785,710,473 | 95.88% | | **Total Share Capital** | **819,514,395** | **100.00%** | [Shareholder Numbers and Shareholding](index=33&type=section&id=Shareholder%20Numbers%20and%20Shareholding) As of the reporting period end, the company had **55,173** common shareholders, with Shenyang Chemical Group Co., Ltd. and China Bluestar (Group) Co., Ltd. as the top two shareholders - Total common shareholders at the end of the reporting period were **55,173**[64](index=64&type=chunk) Top Two Shareholders' Shareholding | Shareholder Name | Shareholder Nature | Shareholding Proportion | Number of Shares Held (shares) | | :--- | :--- | :--- | :--- | | Shenyang Chemical Group Co., Ltd. | State-owned Legal Person | 26.68% | 218,663,539 | | China Bluestar (Group) Co., Ltd. | State-owned Legal Person | 19.35% | 158,585,867 | [Preferred Shares](index=36&type=section&id=Preferred%20Shares) The company had no preferred shares during the reporting period[72](index=72&type=chunk) [Bonds](index=37&type=section&id=Bonds) The company had no bond-related information during the reporting period[73](index=73&type=chunk) [Financial Report](index=38&type=section&id=Financial%20Report) [Financial Statements](index=38&type=section&id=Financial%20Statements) This section provides the company's unaudited 2024 semi-annual consolidated and parent company balance sheets, income statements, cash flow statements, and statements of changes in owners' equity - The company's semi-annual financial report is unaudited[74](index=74&type=chunk) [Consolidated Balance Sheet](index=38&type=section&id=Consolidated%20Balance%20Sheet) As of June 30, 2024, total assets were **4.81 billion CNY**, total liabilities were **3.53 billion CNY**, and equity attributable to parent company owners was **1.27 billion CNY**, with total assets and liabilities decreasing by **20.86%** and **21.98%** respectively from the beginning of the year Consolidated Balance Sheet | Item | Period-end Balance (CNY) | Beginning Balance (CNY) | | :--- | :--- | :--- | | **Total Assets** | 4,814,051,924.13 | 6,083,200,108.57 | | **Total Liabilities** | 3,534,346,774.52 | 4,529,817,640.80 | | **Total Equity Attributable to Parent Company Owners** | 1,268,525,808.77 | 1,542,432,318.58 | [Consolidated Income Statement](index=42&type=section&id=Consolidated%20Income%20Statement) In the first half of 2024, the company achieved **2.38 billion CNY** in total operating revenue, with a total operating cost of **2.47 billion CNY**, resulting in a net loss attributable to parent company shareholders of **284.60 million CNY**, widening the loss from the prior period Consolidated Income Statement | Item | H1 2024 (CNY) | H1 2023 (CNY) | | :--- | :--- | :--- | | **Total Operating Revenue** | 2,377,014,775.91 | 2,314,475,557.13 | | **Total Operating Cost** | 2,465,750,656.79 | 2,543,627,173.22 | | **Total Profit** | -278,782,790.20 | -240,003,184.30 | | **Net Profit Attributable to Parent Company Shareholders** | -284,602,794.21 | -244,109,882.74 | [Consolidated Cash Flow Statement](index=46&type=section&id=Consolidated%20Cash%20Flow%20Statement) In H1 2024, net cash flow from operating activities turned positive at **4.04 million CNY**, while investing activities had a net outflow of **7.14 million CNY**, and financing activities had a net outflow of **424.68 million CNY**, primarily for debt repayment, leading to a significant decrease in period-end cash and cash equivalents Consolidated Cash Flow Statement | Item | H1 2024 (CNY) | H1 2023 (CNY) | | :--- | :--- | :--- | | **Net Cash Flow from Operating Activities** | 4,041,287.23 | -40,187,258.78 | | **Net Cash Flow from Investing Activities** | -7,137,885.18 | -45,202,089.80 | | **Net Cash Flow from Financing Activities** | -424,678,577.17 | -112,696,006.10 | | **Net Increase in Cash and Cash Equivalents** | -425,022,515.84 | -198,071,159.62 |