Core Viewpoint - The company, Yuegui Co., Ltd. (000833.SZ), expects a significant increase in net profit for 2025, driven by rising prices of its main products and ongoing management efficiency improvements [1] Financial Performance - The projected net profit attributable to shareholders for 2025 is between 443 million yuan and 503 million yuan, representing a year-on-year growth of 59.03% to 80.57% [1] - The net profit after deducting non-recurring gains and losses is expected to be between 444.6 million yuan and 503.7 million yuan, indicating a growth of 57.86% to 78.84% compared to the previous year [1] Operational Efficiency - The company's profit growth is significantly attributed to the increase in prices of ore-related products [1] - The company has actively pursued cost reduction and efficiency enhancement measures, leading to improved operational efficiency [1] - The dual drivers of rising product prices and management reforms have contributed to the simultaneous growth in profits [1]

Core Viewpoint - The company expects significant growth in net profit for the year 2025, driven by rising prices of its main products and effective cost management strategies [1] Group 1: Financial Performance - The company forecasts a net profit attributable to shareholders of 443 million to 503 million yuan for 2025, representing a year-on-year increase of 59.03% to 80.57% [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between 444.6 million and 503.7 million yuan, with a year-on-year growth of 57.86% to 78.84% [1] Group 2: Factors Influencing Growth - The substantial increase in profit is primarily attributed to the rise in prices of ore-related products [1] - The company has actively pursued cost reduction and efficiency enhancement, leading to improved operational efficiency [1] - The dual drivers of rising product prices and ongoing management reforms have contributed to the simultaneous growth in profits [1] Group 3: Non-recurring Gains and Losses - Non-recurring gains and losses had no significant impact on the net profit attributable to shareholders during the reporting period [1]

Core Viewpoint - Yuegui Co., Ltd. (000833.SZ) announced a profit forecast for the year 2025, expecting a net profit attributable to shareholders of between 443 million to 503 million yuan, representing a year-on-year growth of 59.03% to 80.57% [2] Group 1 - The significant increase in profit is primarily attributed to the rise in prices of major ore products [2] - The company has been actively promoting cost reduction and efficiency enhancement, leading to continuous improvement in operational efficiency [2]

Core Viewpoint - The company expects a net profit of 443 million to 503 million yuan for the fiscal year 2025, representing a year-on-year growth of 59.03% to 80.57% [1] Group 1: Profit Growth - The significant year-on-year profit increase is primarily attributed to the rise in prices of major ore products [1] - The company is actively promoting cost reduction and efficiency enhancement, leading to continuous improvement in operational efficiency [1] Group 2: Strategic Initiatives - The dual drivers of rising product prices and ongoing management reforms have contributed to synchronized profit growth [1]

证券代码：000833 证券简称：粤桂股份 公告编号：2026-002 广西粤桂广业控股股份有限公司 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、本期业绩预计情况 1、业绩预告期间：2025 年 1 月 1 日至 2025 年 12 月 31 日。 2、业绩预告情况：预计净利润为正值且属于同向上升 50%以上情形 以区间数进行业绩预告的 单位：万元 | 项 目 | | 本报告期 | | | 上年同期 | | --- | --- | --- | --- | --- | --- | | 归属于上市公司股东的净利润 | | 44,300 | ～ | 50,300 | 27,857 | | | 比上年同期增长 | 59.03% | ～ | 80.57% | | | 扣除非经常性损益后的净利润 | | 44,460 | ～ | 50,370 | 28,165 | | | 比上年同期增长 | 57.86% | ～ | 78.84% | | | 基本每股收益（元/股） | | 0.5523 | ～ | 0.6271 | 0.3473 | 二、与会计师事务所沟通情况 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600689 | 上海三毛 | 13.80 | -0.14% | 2.63万 | 3635.31万 | | 000652 | 泰达股份 | 4.28 | 0.00% | 17.95万 | 7674.88万 | | 600673 | 东阳光 | 29.15 | 0.00% | 76.60万 | 21.98亿 | | 600805 | 悦达投资 | 5.79 | 0.35% | 18.86万 | 1.08亿 | | 600881 | 亚泰集团 | 1.87 | 0.54% | 29.25万 | 5443.45万 | | 600770 | 综艺股份 | 5.60 | 0.54% | 15.43万 | 8603.89万 | | 600682 | 南京新白 | 8.64 | 1.17% | 24.00万 | 2.06亿 | | 600620 | 天宸股份 | 7.03 | 1.30% | 10.33万 | 7212.90万 | | 000632 | 三木集团 ...

Market Overview - The comprehensive sector increased by 0.23% compared to the previous trading day, with Dongyangguang leading the gains [1] - The Shanghai Composite Index closed at 4138.76, down by 0.64%, while the Shenzhen Component Index closed at 14169.4, down by 1.37% [1] Stock Performance - Dongyangguang (600673) closed at 30.28, up by 1.24% with a trading volume of 908,000 shares [1] - Nanjing New Bai (600682) closed at 9.26, up by 1.20% with a trading volume of 641,600 shares [1] - Other notable stocks include Yatai Group (600881) at 1.91, up by 0.53%, and Ningbo United (600051) at 7.67, up by 0.52% [1] Capital Flow - The comprehensive sector experienced a net outflow of 300 million yuan from main funds, while retail investors saw a net inflow of 310 million yuan [2] - The net outflow from speculative funds was 9.39 million yuan [2] Individual Stock Capital Flow - Nanjing New Bai (600682) had a main fund net inflow of 14.01 million yuan, while speculative funds saw a net outflow of 9.75 million yuan [3] - Ningbo United (600051) reported a main fund net inflow of 4.93 million yuan, with speculative funds experiencing a net outflow of 4.01 million yuan [3] - Special mention to Te Li A (000025) with a significant main fund net outflow of 28.45 million yuan, but a retail net inflow of 30.32 million yuan [3]

Investment Rating - The report maintains a "Recommended" rating for the chemical industry [1] Core Insights - The chemical industry is expected to experience an upward cycle due to the implementation of "anti-involution" policies in China and the accelerated exit of some European facilities [29] - The report highlights the potential for domestic substitution of semiconductor materials from Japan due to rising geopolitical tensions, which could benefit various companies in the sector [5] - The chromium salt industry is undergoing a value reassessment driven by increased demand from AI data centers and commercial aircraft engines, with a projected supply-demand gap of 340,900 tons by 2028 [8] Summary by Sections Industry Performance - The chemical industry has shown strong relative performance with a 1-month increase of 10.7%, 3-month increase of 9.6%, and a 12-month increase of 45.1%, outperforming the CSI 300 index [3] Price Trends - Key products such as lithium carbonate and polysilicon have seen significant price increases, supported by policy guidance and industry self-discipline [12] - The price of chromium salts has remained stable, with metal chromium priced at 82,000 CNY/ton as of January 9, 2026 [15] Investment Opportunities - Focus on companies with low-cost expansion capabilities, such as Wanhu Chemical and Hualu Hengsheng, as well as those in sectors with improving market conditions like chromium salts and phosphates [6][9] - High dividend yield opportunities are identified in state-owned enterprises like China Petroleum and China National Chemical [10] Key Company Tracking - Companies such as Dongfang Shenghong and Huabei Yihua are highlighted for their earnings potential, with projected EPS growth for 2026 [30] - The report tracks specific price movements for various chemicals, including a notable increase in the price of ammonium phosphate and a stable price for urea [17][19]

Core Viewpoint - The company, Guangxi Yuegui Holdings Co., Ltd. (粤桂股份), has received acceptance from the Shenzhen Stock Exchange for its application to issue shares to specific investors, indicating a step forward in its capital-raising efforts [1] Group 1 - The company announced on January 8, 2026, that it received a notification from the Shenzhen Stock Exchange regarding the acceptance of its application for a specific share issuance [1] - The Shenzhen Stock Exchange confirmed that the application documents submitted by the company were complete and decided to accept the application [1]

Core Viewpoint - The company, Guangxi Yuegui Holdings Co., Ltd. (粤桂股份), has received acceptance from the Shenzhen Stock Exchange for its application to issue shares to specific investors, indicating a step forward in its capital-raising efforts [1]. Group 1 - The company announced that it received a notification from the Shenzhen Stock Exchange regarding the acceptance of its application for a specific share issuance [1]. - The application documents submitted by the company were deemed complete by the Shenzhen Stock Exchange [1]. - The acceptance of the application is a significant milestone for the company as it seeks to raise capital through this issuance [1].