证券代码：000893 证券简称：亚钾国际 公告编号：2026-004 本公司及董事会全体成员（除董事郭柏春先生，被采取强制措施）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。 亚钾国际投资（广州）股份有限公司（以下简称"公司"）于 2026 年 1 月 13 日召开的第八届董事会第二十四次会议审议通过了《关于 2026 年度向金融机 构申请综合授信额度的议案》，本议案尚需提交公司股东会审议。现将相关情况 公告如下： 一、申请综合授信额度概况 1、总体安排 为保证日常经营和项目建设，2026 年公司计划向国家开发银行、进出口银 行、中国工商银行、中国银行、中国建设银行、中信银行、兴业银行、平安银行、 法国外贸银行、招商银行、华夏银行、民生银行、澳门国际银行、光大银行、东 亚银行、广发银行等金融机构申请最高不超过 20 亿元（本外币折合人民币）的 综合授信额度。 亚钾国际投资（广州）股份有限公司 关于 2026 年度向金融机构申请综合授信额度的公告 2、融资主体与授权 （1）根据各金融机构的审批条件及要求，在上述额度限额内可由本公司及 全资、控股下属公司作为综合授信全部或部分申请及使 ...

1、股东会届次：2026 年第一次临时股东会 证券代码：000893 证券简称：亚钾国际 公告编号：2026-007 亚钾国际投资（广州）股份有限公司 关于召开 2026 年第一次临时股东会的通知 本公司及董事会全体成员（除董事长郭柏春先生，被采取强制措施）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、召开会议的基本情况 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交 易所股票上市规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板 上市公司规范运作》等法律、行政法规、部门规章、规范性文件及《公司章程》 的有关规定。 4、会议时间： （1）现场会议时间：2026 年 01 月 29 日 15:00 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间 为 2026 年 01 月 29 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易 所互联网投票系统投票的具体时间为 2026 年 01 月 29 日 9:15 至 15:00 的任意 时间。 5、会议的召开方式：现场表决与网 ...

一、关于2026年度日常关联交易预计的议案 公司预计与关联方发生的2026年度日常关联交易均属于公司正常的业务范 围，定价遵循了市场化原则，不存在损害公司及中小股东利益的情形，也不会对 上市公司的独立性构成影响。因此，我们同意《关于2026年度日常关联交易预计 的议案》，并同意提交公司董事会审议。董事会审议该议案时，关联董事王全先 生应予回避。 表决结果：4票同意、0票反对、0票弃权。 亚钾国际投资（广州）股份有限公司 第八届董事会独立董事第四次专门会议决议 亚钾国际投资（广州）股份有限公司（以下简称"公司"）第八届董事会独立 董事第四次专门会议的会议通知于2026年1月9日以邮件方式发出，会议于2026 年1月12日上午以通讯方式召开。本次会议应出席独立董事4人，实际出席董事4 人。会议由独立董事杨运杰先生主持。本次会议的召集、召开符合《公司法》《上 市公司独立董事管理办法》及《公司章程》等相关规定。 经全体与会独立董事对拟提交公司第八届董事会第二十四次会议的相关议 案进行认真审议和表决，并发表如下审核意见： 二、关于与关联方拟签署《2026-2027年战略合作框架协议》暨关联交易的 议案 公司与关联方拟签 ...

证券代码：000893 证券简称：亚钾国际 公告编号：2026-001 亚钾国际投资（广州）股份有限公司 第八届董事会第二十四次会议决议公告 本公司及董事会全体成员（除董事长郭柏春先生，被采取强制措施）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。 亚钾国际投资（广州）股份有限公司（以下简称"公司"）第八届董事会第二 十四次会议的会议通知于 2026 年 1 月 9 日以邮件方式发出，会议于 2026 年 1 月 13 日上午以通讯方式召开。本次会议应出席董事 9 人，实际出席董事 8 人，公 司董事长郭柏春先生被银川市人民检察院采取强制措施，无法出席，会议由公司 代行董事长刘冰燕女士召集并主持。公司高级管理人员列席了本次会议。本次会 议的召开符合《公司法》、《公司章程》的有关规定。 经全体与会董事认真审议和表决，审议通过了下列议案： 一、关于拟续聘会计师事务所的议案 根据《公司章程》及《国有企业、上市公司选聘会计师事务所管理办法》等 相关法律法规的规定，结合公司实际情况，公司拟继续聘请北京德皓国际会计师 事务所（特殊普通合伙）担任公司 2025 年度财务报告和内部控制审计机构，聘 ...

Core Insights - The chemical industry is expected to experience a recovery in profitability in 2026, marking a new starting point for supply-demand rebalancing, driven by anti-involution policies and advancements in new productive forces such as AI and robotics [2][5]. Group 1: Industry Overview - The chemical industry faced a downturn in profitability and valuation in 2025, but signs of stabilization and recovery are anticipated in 2026 [2]. - The peak of capital expenditure in the chemical sector has passed, with fixed asset investment turning negative in the second half of 2025, indicating the end of the capacity expansion cycle [5][14]. - The Producer Price Index (PPI) for chemicals is expected to gradually turn positive in 2026 after a prolonged period of decline [14]. Group 2: Investment Themes - Capital expenditure is decreasing, and leading companies like Wanhua Chemical are expected to see a recovery in profitability as they reduce capital spending and increase their global market share in MDI [5]. - The anti-involution policy is reshaping supply dynamics, with a focus on quality development and the exit of outdated capacities, benefiting companies with innovative capabilities and export advantages [5]. - New materials are driving demand growth in traditional chemicals, with companies like Dinglong Technology and Anji Technology positioned to benefit from domestic substitution in high-end materials [5]. Group 3: Market Dynamics - Chemical prices have been under pressure, with the chemical product price index declining approximately 8.8% in 2025, but stock prices in the sector have rebounded by 33.3% [10][16]. - The operating rates of mainstream chemical products are showing signs of weakness, with inventory levels varying significantly across different products [17][18]. - The supply-demand balance for phosphate rock remains tight, with stable prices for high-grade phosphate rock, while the market for phosphate fertilizers is influenced by policy and demand fluctuations [46][43]. Group 4: Global Trends - The global chemical supply is shifting towards China, which has become the largest chemical producer, while European chemical production faces challenges due to high energy costs [31][33]. - The restructuring of supply chains due to tariff disturbances is prompting companies to adapt, with a focus on overseas expansion for leading chemical firms [26][22]. - The anti-involution policies are expected to enhance industry cash flow and promote sustainable development by curbing disorderly expansion and prioritizing profitability [40].

富国中证农业主题ETF（159825）基金经理为张圣贤。 截至发稿，张圣贤累计任职时间10年225天，现任基金资产总规模247.06亿元，任职期间最佳基金回报 122.6%， 任职期间最差基金回报-89.6%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 1月12日，亚钾国际跌2.42%，截至发稿，报49.67元/股，成交7.20亿元，换手率1.79%，总市值458.98亿 元。亚钾国际股价已经连续3天下跌，区间累计跌幅6.6%。 资料显示，亚钾国际投资(广州)股份有限公司位于广东省广州市南沙区庆慧中路1号,创智三街1号A3栋 50103,广州市天河区珠江东路6号广州周大福金融中心51楼，成立日期1998年10月27日，上市日期1998 年12月24日，公司主营业务涉及谷物贸易、国际船务及物流、钾盐的开采、生产及销售等。主营业务收 入构成为：氯化钾97.54%，卤水1.24%，其他1.22%。 从基金十大重仓股角度 数据显示，富国基金旗下1只基金重仓亚钾国际。富国中证 ...

Group 1: Potash Market Insights - The potash supply and demand are in a tight balance, with international potash prices on the rise. China is the largest potash consumer globally, with an import dependency exceeding 60%. In 2024, China's potassium chloride production is expected to be 5.5 million tons, a decrease of 2.7% year-on-year, while imports are projected to reach 12.633 million tons, an increase of 9.1%, marking a historical high [1] - As of December 2025, domestic potassium chloride port inventory is 2.4294 million tons, a decrease of 61.53 thousand tons compared to the same period in 2024, with a decline rate of 0.21%. The domestic potassium chloride market price averaged 3,282 yuan/ton in December, reflecting a month-on-month increase of 0.83% and a year-on-year increase of 30.45% [1] - Internationally, the prices of potassium chloride in Vancouver, Northwest Europe, and Jordan have risen to 317, 347, and 357 USD/ton respectively by the end of December, compared to the end of November [1] Group 2: Phosphate Rock Market Dynamics - The long-term price center for phosphate rock is expected to remain high due to declining grades and increasing extraction costs. The domestic supply-demand situation is tight, with the market price for 30% grade phosphate rock remaining in the high price range of 900 yuan/ton for over three years [2] - As of December 31, 2025, the tax-inclusive price for 30% grade phosphate rock in Hubei is 1,040 yuan/ton, while in Yunnan, it is 970 yuan/ton, both remaining stable compared to the previous month [2] Group 3: Lithium Iron Phosphate Demand - The production capacity of lithium iron phosphate in China has reached 5.945 million tons per year, with a projected output of 3.82 million tons in 2025, representing a year-on-year increase of 48.59%. The market price for lithium iron phosphate is approximately 50,300 yuan/ton as of January 7, 2026, up 57.19% from the lowest price of 32,000 yuan/ton in June 2025 [3] - The demand for lithium iron phosphate and other phosphorus-containing new energy materials is significantly increasing due to the growth in downstream energy storage and power battery sectors, leading to continuous price increases [3] Group 4: Future Phosphate Resource Demand - With the global energy storage industry expanding, the demand for lithium iron phosphate is expected to rise, with projected global energy storage battery shipments increasing to 600, 800, and 983 GWh from 2025 to 2027. This corresponds to phosphate rock demand of 600, 800, and 983 million tons, accounting for 4.7%, 5.9%, and 7.0% of China's forecasted phosphate rock production [4] - The high purity requirements for lithium iron phosphate mean that the actual available high-grade phosphate resources are scarcer than the total amount, giving companies with quality mineral sources and integrated mining capabilities a strategic advantage in the new energy materials competition [4]

Group 1 - The chemical sector experienced a decline on January 8, with the Chemical ETF (516020) showing a low-level fluctuation, reaching a maximum intraday drop of 1.86% and closing down 0.98% [1] - Key stocks in the sector, including Hongda Co., Yaqi International, and Cangge Mining, saw significant declines, with Hongda Co. dropping 4.01% and others falling over 3% [1][2] - Despite the recent downturn, the Chemical ETF (516020) has seen substantial capital inflows, with a net inflow of 319 million yuan over the last five trading days and over 568 million yuan in the last ten days [1][3] Group 2 - According to Guotou Securities, the chemical industry is at the bottom of a four-year down cycle, with indicators suggesting it has nearly bottomed out, and 2026 is expected to be a turning point for the cycle [3] - The China Chemical Product Price Index (CCPI) was reported at 3930 points on December 31, 2025, a 39% decrease from the peak in 2021, indicating the industry is in a historical low range [3] - The basic chemical sector achieved a net profit of 112.7 billion yuan in the first three quarters of 2025, reflecting a year-on-year increase of 7.5%, suggesting initial stabilization of the sector [3] Group 3 - Future outlook indicates that the chemical industry will be influenced by tariff policies and fluctuations in crude oil prices, with recommendations to focus on undervalued leading companies and sectors benefiting from strong downstream demand [3] - Huazhong Securities suggests that the industry may continue to experience a trend of divergence, recommending attention to sectors such as synthetic biology, pesticides, and vitamin production [3] - The Chemical ETF (516020) tracks the CSI sub-sector chemical industry index, with nearly 50% of its holdings in large-cap leading stocks, providing an efficient way to invest in the chemical sector [3]

Investment Rating - The report maintains an "Outperform" rating for the agricultural chemical industry [5][9]. Core Views - The potassium fertilizer supply and demand are tightly balanced, with international prices rising. China, being the largest consumer, has a high import dependency exceeding 60%. The domestic production of potassium chloride is expected to decrease by 2.7% in 2024, while imports are projected to reach a historical high of 12.633 million tons, a year-on-year increase of 9.1% [1][24]. - The long-term price of phosphate rock is expected to remain high due to declining grades and increasing extraction costs, coupled with growing demand from new applications like lithium iron phosphate [2][50]. - The price of glyphosate has shown volatility, with a significant increase during the South American planting season, followed by a decline due to high North American inventories [4][49]. Summary by Sections Potassium Fertilizer - The global potassium fertilizer market is characterized by a supply-demand imbalance, with prices expected to recover due to resource scarcity and geopolitical factors affecting supply chains [1][44]. - Domestic potassium chloride prices have shown an upward trend, with the average price at 3,282 RMB/ton by the end of December, reflecting a year-on-year increase of 30.45% [1][40]. Phosphate Chemicals - The phosphate rock market is experiencing tight supply conditions, with prices for 30% grade phosphate rock remaining high at around 1,040 RMB/ton in Hubei and 970 RMB/ton in Yunnan [2][50]. - The production capacity of lithium iron phosphate is projected to grow significantly, with a year-on-year increase of 48.59% expected in 2025 [2][51]. Pesticides - The glyphosate market is expected to see price improvements in 2026, following a period of price fluctuations influenced by seasonal demand and inventory levels [4][49]. - The report highlights several key companies in the pesticide sector, including Yangnong Chemical and Lier Chemical, which are positioned to benefit from rising prices and demand [8][49]. Investment Recommendations - Key recommendations include focusing on companies with strong potassium and phosphate resources, such as Yara International and Yun Tianhua, which are expected to benefit from the ongoing demand and supply dynamics in the agricultural chemical sector [7][9].

Investment Rating - The report maintains an "Outperform" rating for the agricultural chemical industry [5][9]. Core Views - The potassium fertilizer supply and demand are tightly balanced, with international prices rising. China, being the largest consumer, has a high import dependency exceeding 60%. The domestic production of potassium chloride is expected to decrease by 2.7% in 2024, while imports are projected to reach a historical high of 12.633 million tons, a year-on-year increase of 9.1% [1][24]. - The long-term price center for phosphate rock is expected to remain high due to declining grades and increasing extraction costs, alongside growing demand from new applications like lithium iron phosphate. The domestic supply-demand situation for phosphate rock is tightening, with prices for 30% grade phosphate rock remaining elevated [2][50]. - The price of glyphosate has shown volatility, with a peak during the South American planting season and a subsequent decline due to high North American inventories. The report anticipates a recovery in glyphosate prices in 2026 [4][49]. Summary by Sections Potassium Fertilizer - The global potassium fertilizer market is characterized by a supply-demand imbalance, with prices expected to recover due to resource scarcity and geopolitical factors affecting supply chains [1][44]. - Domestic potassium chloride prices are projected to stabilize around 3,100-3,200 CNY/ton, with expectations of maintaining high inventory levels for food security [24][40]. Phosphate Chemicals - The phosphate rock market is experiencing a tightening supply-demand balance, with prices for 30% grade phosphate rock remaining above 900 CNY/ton for over three years. The report highlights the increasing demand from lithium battery applications [2][50]. - Phosphate chemical prices have shown upward trends for products like lithium iron phosphate, while glyphosate prices have decreased significantly [49][51]. Pesticides - The report suggests a potential recovery in the pesticide sector, particularly for glyphosate and its derivatives, as the industry undergoes restructuring to improve profitability [4][8]. - Companies such as Yangnong Chemical and Lier Chemical are highlighted as key players in the pesticide market, with recommendations for investment [7][8].