Group 1 - The company is currently involved in a legal dispute with Guizhou Qingli Group Co., Ltd., which has led to a property preservation application filed in the Deyang Intermediate People's Court, resulting in the seizure of the company's properties located at Deyang City, valued at 93.3091 million yuan [1] - The company clarified that the legal disclosure rules do not require separate disclosure for litigation matters unless the amount involved meets a specific threshold, and the information was disclosed in accordance with regulatory requirements [1] - The company emphasized that property preservation is a common practice in civil litigation, which only restricts the parties' ability to dispose of the assets without affecting ownership, usage rights, or income rights [1]

证券日报网讯9月9日晚间，四川美丰（000731）发布公告称，截至2025年9月9日，公司通过股份回购专 用证券账户以集中竞价方式累计回购股份5，700，331股，占公司总股本的比例1.02%。 ...

Group 1 - The company Sichuan Meifeng (000731.SZ) announced a share buyback program, having repurchased a total of 5,700,331 shares, which represents 1.02% of its total share capital [1] - The highest transaction price during the buyback was 7.38 yuan per share, while the lowest was 6.80 yuan per share [1] - The total amount spent on the buyback was 40.17276 million yuan, excluding transaction fees [1]

四川美丰公告，截至2025年9月9日，公司通过股份回购专用证券账户以集中竞价方式累计回购股份 570.03万股，占公司总股本的比例1.02%，最高成交价7.38元/股，最低成交价6.8元/股，支付的总金额为 4017.28万元（不含交易费用）。此次回购符合相关法律法规的要求，符合既定的回购股份方案。 ...

证券代码：000731 证券简称：四川美丰 公告编号：2025-52 四川美丰化工股份有限公司 关于回购股份比例达到总股本 1%暨回购进展公告 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、回购股份事项概述 四川美丰化工股份有限公司（以下简称"公司"）于 2025 年 5 月 8 日召开第十届董事会第二十四次会议，审议通过了《关 于回购股份方案的议案》。该议案经公司于 2025 年 5 月 23 日召 开的 2024 年度股东会以特别决议形式审议通过。经公司股东会 决议，同意公司使用自有资金以集中竞价交易方式回购公司部分 社会公众 A 股股份，用于注销减少注册资本。本次回购资金总额 不低于人民币 5,000 万元（含）且不超过人民币 7,000 万元（含）， 回购价格不超过人民币 10.07 元/股。具体回购股份的数量以回 购期满时实际回购的股份数量为准。回购期限自公司股东会审议 通过本次回购股份方案之日起不超过十二个月。具体内容详见公 司于 2025 年 5 月 9 日、5 月 13 日、5 月 21 日、5 月 24 日、5 月 27 日、6 月 4 ...

Core Viewpoint - Sichuan Meifeng reported a decline in revenue and profit for automotive urea in 2024 due to multiple factors, but anticipates an increase in sales moving forward as the logistics industry recovers and the proportion of National VI vehicles rises [1][2]. Group 1: Revenue and Profit Decline - The decline in sales revenue and profit for automotive urea in 2024 is attributed to the logistics industry's performance, market competition, and fluctuations in raw urea prices [1][2]. Group 2: Future Sales Outlook - The company expects that the recovery of the logistics industry and the increasing share of National VI vehicles will drive an increase in automotive urea sales [1][2]. Group 3: Product Diversification - Sichuan Meifeng has been focusing on the automotive urea market while also developing and producing various products, including marine urea, construction machinery urea, agricultural machinery urea, and denitrification urea, to promote a diversified market strategy [1][2].

Core Viewpoint - Sichuan Meifeng (000731) anticipates a decline in sales revenue and profits from automotive urea in 2024 due to multiple factors including the logistics industry's performance, market competition, and fluctuations in raw material urea prices [1] Group 1: Market Conditions - The recovery of the domestic economy and the resurgence of the logistics industry are expected to boost automotive urea sales [1] - The increasing proportion of National VI vehicles will contribute positively to the sales volume of automotive urea [1] Group 2: Company Strategy - The company has been focusing on the automotive urea market while also developing a range of products including marine urea, construction machinery urea, agricultural machinery urea, and denitrification urea [1] - Sichuan Meifeng is actively implementing a multi-product market promotion strategy [1]

Core Viewpoint - The company held a semi-annual performance briefing on September 5, 2025, addressing investor concerns regarding market value management, business risk response, and operational strategy adjustments [1][2]. Group 1: Investor Relations Activity - The performance briefing was conducted online and was open to all investors, featuring key company executives including the Chairman and CEO, independent directors, and the CFO [1][2]. - The company emphasized its commitment to prudent and objective responses within the scope of information disclosure [2]. Group 2: Market Value Management - The company is closely monitoring capital market dynamics and is considering hiring a professional market value management team, share buybacks, and increasing investments in the capital market and industry mergers and acquisitions [2][3]. - The company plans to research suggestions related to market value management tools in accordance with its industry realities [2][3]. Group 3: Business Risk Response - The company acknowledged that fluctuations in urea prices are normal due to various influencing factors and is implementing measures such as cost control, efficient production operations, and optimizing product structure to enhance operational quality [2][3]. - In response to the industry's downturn, the company is focusing on optimizing product structure, increasing R&D efforts, expanding market reach, and improving management processes [2][3]. Group 4: Financial Performance and Future Outlook - The company reported a decline in sales revenue and profits for 2024 due to factors such as logistics industry conditions and market competition, but anticipates a recovery with the domestic economy and logistics sector improving [3]. - The company is utilizing idle funds for structured bank deposits, with any future equity acquisition plans to be disclosed in accordance with regulations [3]. Group 5: R&D and Dividend Plans - The company plans to increase R&D expenditures by 10%, 59%, and 93% from 2022 to 2024, focusing on developing new fertilizers and high polymer membrane products [4]. - A mid-term dividend proposal was disclosed on August 26, pending approval at the temporary shareholders' meeting on September 12, with distribution expected within two months post-approval [4].

Group 1: Company Performance and Market Conditions - The company experienced a significant decline in performance in the first half of 2025 compared to the same period last year, attributed to cyclical and structural adjustments in the industry [2][3] - The company reported that the sales revenue and profit from automotive urea decreased due to multiple factors, including logistics industry conditions and raw material price fluctuations [4][5] - The company is currently in a low point in the fertilizer market and is considering measures to optimize product structure and enhance market competitiveness [3][4] Group 2: Risk Management and Strategic Initiatives - The company is actively managing risks associated with urea price fluctuations by controlling production costs and optimizing operational efficiency [2][3] - The management is exploring effective market value management measures, including mergers and acquisitions, to enhance company value [3][4] - The company is committed to maintaining a prudent approach to capital management, ensuring funds are utilized effectively while safeguarding operational needs [5][6] Group 3: Research and Development Efforts - The company has significantly increased its R&D investment, with funding growing by 10%, 59%, and 93% from 2022 to 2024 [7][8] - New product developments include green and efficient fertilizers, advanced polymer materials, and technologies aimed at energy conservation and emission reduction [7][8] - The company aims to strengthen its core competitiveness through continuous innovation and development of new products [8] Group 4: Investor Relations and Communication - The company emphasizes the importance of investor relations and plans to enhance communication with institutional and individual investors [5][6] - Suggestions from investors regarding capital market strategies and expectations management are being taken seriously for future implementation [8][9] - The company is committed to transparent information disclosure and maintaining open channels for investor communication [9]

Group 1 - The core viewpoint of the announcement is that Sichuan Meifeng Chemical Co., Ltd. has provided an update on its share repurchase progress as of August 31, 2025 [1] Group 2 - The share repurchase plan was approved on May 8, 2025, with a total repurchase fund of no less than 50 million yuan and no more than 70 million yuan, with a maximum repurchase price initially set at 10.07 yuan per share, later adjusted to 9.90 yuan per share [2] Group 3 - As of August 31, 2025, the company has repurchased a total of 4,873,631 shares, accounting for 0.8721% of the total share capital, with the highest transaction price at 7.38 yuan per share and the lowest at 6.80 yuan per share, totaling 34,337,381.17 yuan spent [3] Group 4 - The company confirms that the share repurchase progress complies with relevant laws and regulations, and the repurchase was conducted in accordance with the established plan, adhering to all regulatory requirements [4]