Company Overview - Yueyang Xingchang's closing price on July 1 was 15.44 yuan, down 1.34%, with a rolling PE ratio of 103.53 times and a total market value of 5.708 billion yuan [1] - The company operates in the petrochemical sector, focusing on the development, production, and sales of chemical new materials, energy conservation and environmental protection, and energy chemical products [1] - Main products include methyl tert-butyl ether, liquefied petroleum gas, propylene, industrial isooctane, ortho-cresol, calcined petroleum coke, and special polypropylene [1] Financial Performance - For Q1 2025, the company reported operating revenue of 1.063 billion yuan, a year-on-year increase of 27.85% [1] - Net profit for the same period was 13.6081 million yuan, reflecting a year-on-year decrease of 37.00% [1] - The sales gross margin stood at 18.85% [1] Shareholder Information - As of March 31, 2025, the number of shareholders was 22,331, an increase of 408 from the previous count [1] - The average market value of shares held per shareholder was 352,800 yuan, with an average holding of 27,600 shares [1] Industry Comparison - The average PE ratio for the petrochemical industry is 12.81 times, with a median of 29.80 times, positioning Yueyang Xingchang at 19th place within the industry [2] - The company's PE ratio is significantly higher than the industry average, indicating potential overvaluation compared to peers [2]

Group 1 - Aike Cyber (688719.SH) shareholders Dachen Chuangtong and Dachen Chuanghong reduced their holdings by 2,298,151 shares, accounting for 1.99% of the total share capital, and did not complete the planned reduction [1] - Benchuan Intelligent (300964.SZ) controlling shareholder Dong Xiaojun reduced his holdings by 355,787 shares, accounting for 0.4582% of the total share capital, bringing his shareholding down to 21.64% [1] - Changlian Co., Ltd. (603648.SH) completed its reduction plan by selling 3,624,050 shares, which is 1% of the total share capital [1] Group 2 - Chuan Yi Technology (002866.SZ) controlling shareholder Zou Weimin and his concerted party reduced their holdings, with Zou's shareholding dropping to 48.53% [2] - Daoshi Technology (300409.SZ) controlling shareholder Rong Jihua plans to reduce his holdings by up to 15,416,611 shares, accounting for 1.97% of the total share capital [2] - Electric Alloy (300697.SZ) completed its reduction plan by selling 2,741,390 shares, which is 0.63% of the total share capital [2] Group 3 - Fujirei (688272.SH) shareholders Suzhou Kongkong, Suzhou Zhaorong, and Shanghai Zhaoren reduced their holdings by 1,215,618 shares, 1,463,490 shares, and 44,944 shares, accounting for 1.60%, 1.93%, and 0.06% of the total share capital respectively [3] - Gaoweida (300465.SZ) controlling shareholder Yingtan Yinggao Investment Consulting Co., Ltd. reduced its holdings by 4,261,700 shares, accounting for 0.96% of the total share capital, bringing its shareholding down to 22.00% [3] - Haizheng Materials (688203.SH) shareholder Sinopec Capital plans to reduce its holdings by up to 3,525,600 shares, accounting for 1.74% of the total share capital [3] Group 4 - Hangyu Micro (300053.SZ) shareholder Yan Jun reduced his holdings by 3,930,000 shares, accounting for 0.56% of the total share capital [4] - He Shi Eye Hospital (301103.SZ) shareholder Advanced Manufacturing Industry Investment Fund plans to reduce its holdings by up to 3,106,074 shares, accounting for 2% of the total share capital [4] - He Yuan Gas (002971.SZ) shareholder Baishide Chuangye completed its reduction plan by selling 854,064 shares, which is 0.415% of the total share capital [4] Group 5 - Huaren Health (301408.SZ) shareholder Saifu Investment reduced its holdings by 2,107,696 shares, accounting for 0.53% of the total share capital [5] - Jiangsu Boyun (301003.SZ) shareholder Gong Wei reduced his holdings by 1,558,900 shares, accounting for 1.57% of the total share capital [5] - Jeya Co., Ltd. (301108.SZ) shareholders Mingyuan Fund and its concerted party did not reduce their holdings, and the reduction plan period expired [5] Group 6 - Longxin General (603766.SH) directors plan to reduce their holdings by up to 350,000 shares and 100,000 shares, accounting for 0.0170% and 0.0049% of the total share capital respectively [6] - Ruchuang Micro-Nano (688002.SH) shareholder Li Weicheng plans to reduce his holdings by up to 8,000,000 shares, accounting for 1.75% of the total share capital [6] - Shilan Micro (600460.SH) shareholder Luo Huabing plans to reduce his holdings by up to 500,000 shares, accounting for 0.03005% of the total share capital [6] Group 7 - Tongfu Microelectronics (002156.SZ) shareholder National Integrated Circuit Industry Investment Fund reduced its holdings by 15,175,969 shares, accounting for 1% of the total share capital [7] - Wangzi New Materials (002735.SZ) controlling shareholder Wang Jinjun reduced his holdings by 9,717,874 shares, accounting for 2.54% of the total share capital [7] - Xingye Co., Ltd. (603928.SH) shareholder Shen Genzhen reduced his holdings by 2,620,000 shares, accounting for 1.00% of the total share capital [7] Group 8 - Yikang Co., Ltd. (301085.SZ) controlling shareholder concerted party reduced its holdings by 633,700 shares, accounting for 0.73% of the total share capital [8] Group 9 - Yiming Pharmaceutical (002826.SZ) major shareholder Zhou Zhan reduced his holdings by 3,586,777 shares, accounting for 1.88% of the total share capital [9] - Yiming Pharmaceutical (002826.SZ) director Xi Ke reduced his holdings by 283,862 shares, accounting for 0.15% of the total share capital [9] - Youyan Powder Materials (688456.SH) concerted party reduced its holdings by 1,030,000 shares, accounting for 0.99% of the total share capital [9] Group 10 - Zhongma Transmission (603767.SH) directors plan to reduce their holdings through block trading and centralized bidding [10] - Zhongqi Co., Ltd. (301215.SZ) shareholder Jiangsu Yueda Group did not reduce its holdings, and the reduction plan period expired [10]

岳阳兴长持股 5%以上股东之一致行动人减持股份预披露公告 证券代码：000819 证券简称：岳阳兴长 编号：2025-029 岳阳兴长石化股份有限公司 持股 5%以上股东之一致行动人减持股份预披露公告 股东湖南长炼兴长集团有限责任公司保证向本公司提供的信息内容真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 2、股份来源：股权分置改革前股份。 3、减持数量及比例：计划减持不超过2,000,000股(不超过公司总股本的0.54％)， 若此期间有送股、资本公积转增股本、配股等股本变动事项，将对该数量及比例进 行相应调整。 4、减持方式：集中竞价方式。 1 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示：大股东湖南长炼兴长企业服务有限公司（持股 7.80%）之一致行动 人湖南长炼兴长集团有限责任公司（下称"兴长集团"），持有本公司股份 12,102,376 股（占本公司总股本比例 3.27%）。公司于近日收到兴长集团出具的《关于计划减 持岳阳兴长股份的告知函》，兴长集团计划在减持计划公告之日起 15 个交易日之 后的三个月内（2025 年 7 月 22 日-2025 年 10 ...

Group 1 - The major shareholder, Hunan Changlian Xingchang Group Co., Ltd., plans to reduce its stake in Yueyang Xingchang (000819) by selling up to 2 million shares, which represents 0.54% of the company's total share capital [1]

Group 1 - Fengcai Technology is conducting an H-share issuance with a maximum price of 120.50 HKD per share, aiming to raise funds for its specialized chip business [1] - The global offering consists of 16.3 million shares, with 1.63 million shares available for public offering in Hong Kong [1] - Zijin Mining plans to acquire the Raygorodok gold mine project in Kazakhstan for 1.2 billion USD, enhancing its resource portfolio [1][2] Group 2 - Mindray Medical's shareholder plans to reduce holdings by up to 5 million shares, approximately 0.41% of the total share capital, due to personal funding needs [3] - Degute is planning to acquire control of Haowei Technology through a combination of cash and share issuance, leading to a temporary suspension of its stock [4] - New Dairy's controlling shareholder intends to reduce its stake by up to 3% of the total share capital, also for funding purposes [5] Group 3 - Yueyang Xinchang has resumed production after completing maintenance on its main production facilities, positively impacting its operations [6] - Chengdu Xian Dao has terminated its major asset restructuring plan due to failure to reach agreement on key terms [7] - Maglev Technology's shareholder plans to reduce its stake by up to 3% of the total share capital for personal financial arrangements [9] Group 4 - Zhongyan Dadi announced a cash dividend of 2.82 CNY per 10 shares and a capital increase of 3.99 shares per 10 shares [10] - Yunda Co. plans to distribute a cash dividend of 0.6 CNY per 10 shares, totaling approximately 47.22 million CNY [12] - Victory Co. intends to distribute a cash dividend of 0.42 CNY per 10 shares, amounting to around 36.06 million CNY [13] Group 5 - Shagang Group has invested 2.67 billion CNY in financial products while planning to use up to 8 billion CNY of idle funds for further investments [14] - Jiuyuan Yinhai's subsidiary won an 8.43 million CNY project contract, constituting a related party transaction [15] - China Railway Signal & Communication has announced the resignation of a board member due to personal reasons [16] Group 6 - China Rare Earth clarified that recent management changes have not affected its operations, ensuring stability in production [17] - Qixiang Tengda plans to conduct routine maintenance on its 60,000-ton acetone plant for 60 days to enhance operational safety [19] - ST King Kong's subsidiary signed a 399 million CNY contract for computing power services, indicating growth in its service offerings [20] Group 7 - Ziguang Guowei repurchased 775,500 shares for approximately 49.62 million CNY, reflecting confidence in its market position [22] - Qin Port's major shareholder plans to reduce its stake by up to 2% of the total share capital for development needs [22] - Longqi Technology has submitted an application for H-share issuance and listing on the Hong Kong Stock Exchange, expanding its market presence [24]

Core Viewpoint - On June 30, a total of 31 listed companies had their restricted shares unlocked, with a total market value of approximately 31.50 billion yuan [1]. Group 1: Unlocking Details - The specific details of the restricted share unlocks include: - Meili Ecology (000010): 239 million shares from A-share issuance to original shareholders - Xingrong Environment (000598): 4.926 million shares from equity incentive lock-up - Yueyang Xinchang (000819): 526,800 shares from equity incentive lock-up - Gaohong Co., Ltd. (000851): 4.944 million shares from equity incentive lock-up - Zhongyan Chemical (600328): 470,460 shares from equity incentive lock-up - Yangnong Chemical (600486): 115,480 shares from equity incentive lock-up - Kangyuan Pharmaceutical (600557): 2.6093 million shares from equity incentive lock-up - Keda Technology (002518): 1.3953 million shares from equity incentive lock-up - Longci Technology (300835): 562,700 shares from equity incentive lock-up - Weiming Environmental Protection (603568): 3.129 million shares from equity incentive lock-up - Dongrui Co., Ltd. (001201): 486,400 shares from A-share issuance to original shareholders - Sanwei Co., Ltd. (603033): 1.183 million shares from equity incentive lock-up - Naer Co., Ltd. (002825): 140,000 shares from equity incentive lock-up - Jinyinhe (300619): 1.6248 million shares from A-share issuance to legal persons - Tianyuan Environmental Protection (301127): 14.6 million shares with extended lock-up period - Youningwei (301166): 40.6188 million shares with extended lock-up period - Xutian Salt Industry (600929): 3.033 million shares from equity incentive lock-up - Keli Sensor (603662): 722,800 shares from equity incentive lock-up - Gongniu Group (603195): 641,200 shares from equity incentive lock-up - Fuyuan Pharmaceutical (601089): 27.5 million shares from pre-issue lock-up - Xinbang Intelligent (301112): 7.4097 million shares from pre-issue lock-up - Shanghai Port Bay (605598): 29,400 shares from equity incentive lock-up - Dingjide (603255): 507,500 shares from equity incentive lock-up - United Precision (001268): 6.154 million shares from pre-issue lock-up - Pinggao Co., Ltd. (688227): 48.9585 million shares - Chunli Medical (688236): 20.9 million shares - Zhongwulian (688297): 40.3 million shares - Lais Information (688631): 163,480 shares - Shichuang Energy (688429): 200,000 shares - Xindong Link (688582): 220,840 shares - Aike Saibo (688719): 100,000 shares [2].

Group 1 - Longqi Technology has submitted an application for H-share issuance and listing on the Hong Kong Stock Exchange [1] - Chengdu XianDao has terminated the acquisition of approximately 65% equity in Nanjing Haina Pharmaceutical Technology Co., Ltd. due to failure to reach consensus on core terms [4] - Unigroup Guowei repurchased 775,500 shares for a total amount of 49.6173 million yuan on June 27 [5] Group 2 - Qinhuangdao State-owned Assets Supervision and Administration Commission plans to reduce its stake in Qin Port Co., Ltd. by up to 2% [2] - Magu Technology's shareholder Baolifeng intends to reduce its stake by up to 3% [3] - New Dairy's controlling shareholder plans to reduce its stake by up to 3% due to funding needs [6] Group 3 - Mindray Medical's shareholder EverUnion (H.K.) Limited plans to reduce its stake by up to 500,000 shares, representing approximately 0.41% of the total share capital [7] - Degute plans to acquire control of Haowei Technology, with trading suspended from June 30 [8]

岳阳兴长关于公司及子公司主体生产装置开工的公告 证券代码：000819 证券简称：岳阳兴长 公告编号：2025-028 根据上游装置检修及公司计划安排，公司及子公司各主体生产装置分别于 2025 年 4 月中旬陆续停工检修，具体情况详见公司 2025 年 4 月 15 日披露的《关于公司 及子公司主体生产装置周期性停工检修的公告》(公告编号：2025－013)。 一、装置开工情况 公司及子公司新岭化工于近日完成检修，子公司惠州立拓于 5 月下旬完成检修。 截至本公告日，子公司惠州立拓、新岭化工已开工生产，公司各主体生产装置与上 游装置同步，陆续开工生产。 二、对公司的影响 岳阳兴长石化股份有限公司 关于公司及子公司主体生产装置开工的公告 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。 二○二五年六月三十日 1 本次停工检修对设备、容器、管线等进行检验、检修、维护和改造，确保装置 本质安全、生产平稳。 特此公告。 岳阳兴长石化股份有限公司董事会 ...

Core Viewpoint - The company Yueyang Xingchang (000819.SZ) announced the completion of maintenance for its subsidiary Xinling Chemical and Huizhou Litop, ensuring safe and stable production operations [1] Group 1 - The maintenance for Xinling Chemical and Huizhou Litop was recently completed, with both subsidiaries now back in production [1] - The maintenance involved inspection, repair, maintenance, and modification of equipment, containers, pipelines, etc., to ensure the inherent safety of the facilities and stable production [1] - As of the announcement date, all production units of the company and its subsidiaries are synchronized with upstream facilities and have resumed operations [1]

Meeting Overview - The 71st Annual General Meeting (AGM) of Yueyang Xinchang Petrochemical Co., Ltd. was held on June 25, 2025, combining both on-site and online voting methods [3][4] - A total of 129 shareholders attended, representing 133,402,473 shares, which is 36.0842% of the total voting shares [5] Voting Results - All proposals were approved without any rejections during the meeting [2] - The following key proposals were voted on: - **2024 Board of Directors Work Report**: 99.2928% approval [12] - **2024 Supervisory Board Work Report**: 99.6461% approval [14] - **2024 Financial Settlement Report**: 99.6434% approval [16] - **2024 Profit Distribution and Capital Reserve Increase Proposal**: 99.6234% approval [19] - **2024 Annual Report**: 99.6402% approval [21] - **Purchase of Directors and Supervisors Liability Insurance**: 99.2554% approval [23] - **Authorization for Simplified Stock Issuance**: 99.2306% approval [25] - **Financial Services Agreement with Sinopec**: 97.8411% approval [27] - **Repurchase and Cancellation of Restricted Stock**: 99.3651% approval [30] - **Amendment to Company Articles**: 99.4019% approval [32] - **Election of Independent Director Wu Jie**: 99.6418% approval [34] Legal Opinion - The legal opinion from Zhejiang Tian Ce (Shenzhen) Law Firm confirmed that the meeting's procedures and voting results were in compliance with relevant laws and regulations [37]