证券代码：000703 证券简称：恒逸石化 公告编号：2024-116 恒逸石化股份有限公司 第十二届董事会第十七次会议决议公告 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 恒逸石化股份有限公司（以下简称"公司"或"恒逸石化"）第十二届董事 会第十七次会议通知于 2024 年 10 月 29 日以通讯、网络或其他方式送达公司全 体董事，并于 2024 年 11 月 1 日以现场加通讯方式召开。本次会议应出席董事 9 人，实际出席董事 9 人。 会议由董事长邱奕博先生主持，本次董事会会议的召开符合《中华人民共和 国公司法》等法律、行政法规、部门规章、规范性文件及《恒逸石化股份有限公 司章程》的有关规定。 二、董事会会议审议情况 独立董事对该事项进行了事前审议，并同意提交董事会审议。具体内容详见 公司于 2024 年 11 月 2 日刊登在巨潮资讯网（http://www.cninfo.com.cn）上的《2024 年第六次独立董事专门会议决议》。 经与会董事认真审议，充分讨论，以记名投票方式逐项表决，会议审议通过 了以下议案： 1、审 ...

证券代码：000703 证券简称：恒逸石化 公告编号：2024-118 恒逸石化股份有限公司 关于董事会提议向下修正"恒逸转债"转股价格的公告 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。 自 2024 年 10 月 14 日至 2024 年 11 月 1 日，公司股票已出现在任意连续 30 个交易日中至少有 15 个交易日的收盘价低于当期转股价格的 85%（即 9.27 元/ 每股），已触发"恒逸转债"转股价格向下修正条件。 公司于 2024 年 11 月 1 日召开第十二届董事会第十七次会议，审议通过了《关 于董事会提议向下修正"恒逸转债"转股价格的议案》，该议案尚需公司股东大 会审议，现将相关事项公告如下： 一、可转债发行上市基本情况 （一）可转债发行情况 经中国证券监督管理委员会出具的《关于核准恒逸石化股份有限公司公开发 行可转换公司债券的批复》（证监许可[2020]522 号）核准，公司于 2020 年 10 月 22 日公开发行了面值总额 200,000 万元的可转换公司债券。 （二）可转债上市情况 4、公司 2024 年 5 月 10 日召开的 ...

1 证券代码：000703 证券简称：恒逸石化 恒逸石化股份有限公司投资者关系活动记录表 编号：20241030 | --- | --- | --- | |--------------|--------------------------------------|---------------------| | | | | | | 特定对象调研 | 分析师会议 | | 投资者关系 | 媒体采访 新闻发布会 | 业绩说明会 路演活动 | | 活动类别 | 现场参观 | | | | 其他 （请文字说明其他活动内容） | | | | 中信建投证券：彭岩 | 华创证券：侯星宇 | | | 华夏基金：李弘晔 | 汇丰晋信基金：叶繁 | | | 宁波银行：严水霖 | 宁波银行：陈旭群 | | | 深圳瑞信致远：刘振宇 | 中加基金：孙瑞 | | | 长安汇通：李郑浩峰 | 南方基金：蔡子珂 | | | 兴业基金：于峻鹿 | 北京森林湖：马毓昕 | | | 远信基金：杨大志 | 华夏银行：邢佳騉 | | | 红杉资本：闫慧辰 | 北京成泉：王海斌 | | | | | | 参与单位名称 | 金鹰基金：张延 | 金鹰基金：魏榆 ...

证券代码：000703 证券简称：恒逸石化 公告编号：2024-115 1 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、回购股份基本情况 恒逸石化股份有限公司（以下简称"公司"或"恒逸石化"）于 2024 年 10 月 22 日召开的第十二届董事会第十五次会议审议通过了《关于以集中竞价交易方式回 购公司股份方案（第五期）的议案》。同意公司使用自有资金及股票回购专项贷 款资金，以集中竞价交易方式回购公司股份，回购资金总额不低于人民币 12,500 万元，不超过人民币 25,000 万元；回购价格为不超过人民币 9.00 元/股；回购期 限为公司自董事会审议通过本回购方案之日起 12 个月内。具体内容详见公司在 巨潮资讯网上披露的《关于以集中竞价交易方式回购股份方案（第五期）暨取得 金融机构股票回购专项贷款的公告》（公告编号：2024-110）、《关于以集中竞 价交易方式回购股份（第五期）的回购报告书》（公告编号：2024-111）。 二、首次回购公司股份的具体情况 根据《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》相关规 定，现将公司回购股 ...

Investment Rating - The report maintains an "Outperform" rating for the company with a target price of RMB 7.30, indicating a potential upside of 14% from the current price of RMB 6.40 [1]. Core Views - The company's performance in Q3 2024 was below expectations, with a revenue of RMB 948 million, down 7% year-on-year, and a net profit of RMB 230 million, which was a 12% increase but still lower than anticipated. The Q3 revenue alone was RMB 301 million, reflecting a 19% decline year-on-year, and a net loss of RMB 20 million [4]. - The long filament industry is expected to see improved competitive dynamics post-2025, with controlled supply growth, which may lead to a more orderly development phase [5]. - The decline in oil prices has resulted in inventory losses, putting pressure on long filament profitability. However, prices have stabilized since Q4 2024, and profitability is expected to improve in early 2025 as the company resumes operations [5][6]. Financial Summary - The company reported a revenue of RMB 152,050 million in 2022, which decreased to RMB 136,148 million in 2023, but is projected to rise to RMB 222,636 million in 2024, reflecting a growth rate of 63.5% [3]. - The net profit attributable to the parent company was a loss of RMB 1,080 million in 2022, turning to a profit of RMB 435 million in 2023, with expectations of RMB 524 million in 2024 and RMB 712 million in 2025 [3][10]. - The company plans to repurchase shares worth between RMB 1.25 billion and RMB 2.5 billion, indicating management's confidence in the company's undervalued stock [6].

Financial Performance - The company's operating revenue for Q3 2024 was ¥30,050,897,461.93, a decrease of 19.25% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was -¥199,404,073.13, representing a decline of 253.14% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥209,486,297.63, down 276.61% from the previous year[2] - The company's basic earnings per share for Q3 2024 was -¥0.06, a decrease of 250.00% compared to the same period last year[2] - The weighted average return on net assets was -0.79%, down 1.31% year-on-year[2] - Total operating revenue for the first nine months of 2024 was CNY 94.81 billion, a decrease of 6.9% compared to CNY 101.53 billion in the same period of 2023[17] - Total operating costs for the first nine months of 2024 were CNY 95.06 billion, down 6.8% from CNY 101.78 billion in the same period of 2023[17] - The net profit for the first nine months of 2024 reached CNY 329,785,645.87, an increase from CNY 278,135,408.75 in the same period of 2023, representing a growth of approximately 18.5%[18] - Operating profit for the first nine months of 2024 was CNY 270,782,897.46, significantly up from CNY 95,758,722.48 in 2023, indicating a year-over-year increase of about 182.5%[18] - The total profit for the first nine months of 2024 was CNY 260,361,222.26, compared to CNY 83,410,696.87 in 2023, marking an increase of approximately 212.5%[18] - The total comprehensive income for the first nine months of 2024 was CNY 123,120,374.85, a decrease from CNY 469,922,889.28 in 2023, indicating a decline of approximately 73.8%[19] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥109,930,010,739.97, an increase of 1.74% from the end of the previous year[2] - The total current assets increased from ¥36,926,283,156.40 to ¥38,577,934,795.37, reflecting a growth of about 4.5%[14] - The company's long-term equity investments increased from ¥13,669,254,123.61 to ¥13,716,750,727.46, showing a slight increase of approximately 0.35%[14] - Total liabilities increased to CNY 79.11 billion at the end of Q3 2024, compared to CNY 76.09 billion at the beginning of the year, marking a rise of 3.9%[16] - The company's non-current liabilities totaled CNY 21.36 billion at the end of Q3 2024, an increase from CNY 20.24 billion at the beginning of the year, reflecting a growth of 5.5%[16] - The total equity attributable to shareholders decreased by 3.10% to ¥24,429,578,766.65 compared to the end of the previous year[2] - The total equity attributable to shareholders of the parent company decreased to CNY 24.43 billion at the end of Q3 2024, down from CNY 25.21 billion at the beginning of the year, a decline of 3.1%[17] Cash Flow and Investments - The company reported a net cash flow from operating activities of ¥484,586,868.99, an increase of 13.44% year-to-date[2] - The company's cash flow from operating activities for the first nine months of 2024 was CNY 484,586,868.99, up from CNY 427,170,617.15 in 2023, reflecting a growth of about 13.4%[21] - The cash outflow from investing activities for the first nine months of 2024 was CNY 3,425,493,027.33, down from CNY 5,191,614,648.04 in 2023, indicating a reduction of approximately 34%[21] - The net cash flow from financing activities for the first nine months of 2024 was CNY 1,439,041,250.83, a turnaround from a negative cash flow of CNY 3,267,381,965.76 in 2023[21] Shareholder Information - Zhejiang Hengyi Group Co., Ltd. holds 40.61% of the total shares, amounting to 1,488,933,728 shares, with 1,104,204,523 shares pledged[10] - The total number of common shareholders at the end of the reporting period is 43,192[10] - The company has a repurchase account holding 336,730,149 shares, which accounts for 9.18% of the total share capital[12] - The top ten shareholders include several investment firms and employee stock ownership plans, indicating a diverse ownership structure[11] Operational Highlights - The company experienced a significant increase in construction in progress, which rose by 59.53% to ¥735,468,740.00[7] - The company recorded a government subsidy of ¥7,973,355.11 for the current period, with a total of ¥37,246,368.09 year-to-date[4] - Accounts receivable increased from ¥5,925,174,959.59 to ¥6,378,075,678.41 during the reporting period[14] - Inventory rose significantly from ¥13,060,195,863.37 to ¥15,901,254,912.61, indicating a growth of approximately 21.4%[14] - The cash and cash equivalents at the end of September 2024 were CNY 8,190,408,108.34, compared to CNY 6,199,647,973.24 at the end of September 2023, showing an increase of about 32.1%[22] Future Outlook and Strategy - The company provided guidance for Q4 2024, expecting revenue to grow by an additional 10%[23] - New product development initiatives are underway, focusing on eco-friendly materials[23] - Market expansion plans include entering two new international markets by mid-2025[23] - The company is exploring potential acquisitions to enhance its product portfolio[23] - Strategic partnerships are being formed to leverage new technologies in production[23] - The board emphasized a commitment to sustainability and reducing carbon emissions by 20% by 2026[23]

关于以集中竞价交易方式回购股份（第五期）的回购报告书 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： 回购规模：本次回购股份资金总额不低于人民币 12,500 万元，不超过人 民币 25,000 万元。 回购价格：本次回购股份的价格不超过 9.00 元/股。 回购期限：自董事会审议通过本回购方案之日起不超过 12 个月。 证券代码：000703 证券简称：恒逸石化 公告编号：2024-111 恒逸石化股份有限公司 回购用途：拟将回购股份用于实施员工持股计划或股权激励。 回购资金来源：本次回购资金来源为公司自有资金及股票回购专项贷款 资金。 相关风险提示： 1、本次回购经董事会审议通过后，尚存在因公司股票价格持续超出回购方 案披露的价格区间，导致回购方案无法实施的风险； 2、本次回购股份拟用于实施员工持股计划或股权激励。若公司未能在法律 法规规定的期限内实施上述用途，则未使用部分股份存在注销的风险； 3、本次回购存在因对本公司股票交易价格产生重大影响的重大事项发生或 公司董事会决定终止本次回购方案等将导致本计划受到影响的事项发生的风险； 4、因公 ...

恒逸石化股份有限公司 关于回购股份事项（第五期）前十名股东 及前十名无限售条件股东持股信息的公告 证券代码：000703 证券简称：恒逸石化 公告编号：2024-112 1 | 4 | 恒逸石化股份有限公司－第六期员工持股计划 | 114,090,297 | 3.11% | | --- | --- | --- | --- | | 5 | 上海胜帮私募基金管理有限公司－共青城胜帮凯米 | 98,111,801 | 2.68% | | | 投资合伙企业（有限合伙） | | | | 6 | 兴惠化纤集团有限公司 | 97,662,383 | 2.66% | | 7 | 恒逸石化股份有限公司－第五期员工持股计划 | 87,167,750 | 2.38% | | 8 | 华能贵诚信托有限公司－华能信托·锦溢欣诚集合资 | 72,030,334 | 1.96% | | | 金信托计划 | | | | 9 | 申万宏源证券有限公司 | 62,283,097 | 1.70% | | 10 | 香港中央结算有限公司 | 55,497,957 | 1.51% | 二、董事会公告回购股份决议前一个交易日（即 2024 年 10 月 ...

1、证券代码：000703，证券简称：恒逸石化 2、债券代码：127022，债券简称：恒逸转债 3、转股价格：10.91 元/股 证券代码：000703 证券简称：恒逸石化 公告编号：2024-113 恒逸石化股份有限公司 关于"恒逸转债"预计触发转股价格向下修正的提示性公告 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。 特别提示： 4、转股时间：2021 年 4 月 22 日至 2026 年 10 月 15 日 5、根据《恒逸石化股份有限公司公开发行可转换公司债券募集说明书》（以 下简称"《募集说明书》"）的规定，在本次发行的可转换公司债券存续期间，当 公司股票在任意连续三十个交易日中至少有十五个交易日的收盘价低于当期转 股价格的 85%时，公司董事会有权提出转股价格向下修正方案并提交公司股东大 会审议表决。 2024 年 10 月 14 日至 2024 年 10 月 25 日，公司股票已有 10 个交易日的收 盘价低于当期转股价格的 85%，预计触发转股价格向下修正条件。若触发转股价 格修正条件，公司将按照募集说明书的约定及时履行后续审议程序和信息披露义 ...

恒逸石化：股份回购完成 财联社10月23日电，恒逸石化公告，公司于2023年12月15日审议通过股份回 购方案，回购资金总额不低于5亿元，不超过10亿元，回购价格不超过10元/股。 截止2024年10月22日，公司已完成股份回购，累计回购股份1.22亿股，占总股本的3.33%，支付的回购 总金额为7.8亿元。 查看公告原文 ...