Core Viewpoint - The company, Hehua Co., Ltd. (000953.SZ), has stated that it currently does not engage in any business related to phosphate ore and pyrite [1] Group 1 - The company confirmed its lack of involvement in phosphate ore business [1] - The company also indicated that it has no operations related to pyrite [1]

证券日报网讯 11月18日晚间，河化股份发布公告称，2025年9月9日，公司控股股东宁波银亿控股有限 公司（简称"银亿控股"）与宁波中哲瑞和企业管理咨询有限公司（简称"中哲瑞和"）签署了《宁波银亿 控股有限公司与宁波中哲瑞和企业管理咨询有限公司关于宁波银亿控股有限公司的资产转让协议》（简 称"《资产转让协议》"），银亿控股拟向中哲瑞和转让其持有上市公司87，000，000股股份（占上市公 司总股本的23.76%）和对河化股份享有的全部应收款项。本次交易若最终得以实施，公司的控股股东 将由银亿控股变更为中哲瑞和，公司的实际控制人将由熊续强变更为杨和荣。近日，公司收到控股股东 银亿控股通知，本次权益变动已取得了质权人同意函，同时银亿控股与中哲瑞和签署了《宁波银亿控股 有限公司与宁波中哲瑞和企业管理咨询有限公司关于宁波银亿控股有限公司的资产转让协议补充协 议》。 （编辑 任世碧） ...

证券代码：000953 证券简称：河化股份 公告编号：2025-036 广西河池化工股份有限公司 关于控制权拟发生变更的进展暨签署补充协议的公告 银亿控股保证向本公司提供的信息内容真实、准确和完 整，没有虚假记载、误导性陈述或者重大遗漏。 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。 一、本次权益变动的情况 2025 年9 月9 日，广西河池化工股份有限公司（简称"河化股份""上市 公司"或"公司"）控股股东宁波银亿控股有限公司（简称"银亿控股"）与宁 波中哲瑞和企业管理咨询有限公司（简称"中哲瑞和"）签署了《宁波银亿控股 有限公司与宁波中哲瑞和企业管理咨询有限公司关于宁波银亿控股有限公司的 资产转让协议》（简称"《资产转让协议》"），银亿控股拟向中哲瑞和转让其 持有上市公司 87,000,000 股股份（占上市公司总股本的 23.76%）和对河化股份 享有的全部应收款项。 本次交易若最终得以实施，公司的控股股东将由银亿控股变更为中哲瑞和， 公司的实际控制人将由熊续强变更为杨和荣。 1 证券代码：000953 证券简称：河化股份 公告编号：2025-036 甲方：宁波银亿控股有限公司 ...

河化股份公告，公司控股股东宁波银亿控股有限公司与宁波中哲瑞和企业管理咨询有限公司签署了《资 产转让协议》，银亿控股拟向中哲瑞和转让其持有的河化股份8700万股股份，占总股本的23.76%。本 次交易若实施，控股股东将变更为中哲瑞和，实际控制人将由熊续强变更为杨和荣。目前，权益变动已 取得质权人同意函，双方签署了《资产转让补充协议》。 ...

Core Insights - Hehua Co., Ltd. (000953.SZ) released its Q3 2025 report on October 28, 2025, indicating a total of 126 million shares held by institutional investors, representing 34.35% of the company's total share capital [1] Institutional Holdings - Three institutional investors disclosed their holdings in Hehua Co., Ltd., including Ningbo Yinyi Holdings Co., Ltd., Guangxi Hechi Chemical Industry Group Co., Ltd., and Shenzhen Liren Cultural Communication Co., Ltd. [1] - The total institutional holding percentage decreased by 1.19 percentage points compared to the previous quarter [1] Public Fund Disclosures - Three public funds were not disclosed in this period compared to the previous quarter, including Hai Futong CSI 300 Enhanced C, Xinhua Small and Medium-sized Value Selection Mixed Fund, and Huaxia CSI 800 Index Enhanced A [1] Foreign Investor Attitude - The report noted that several foreign institutions, including UBS AG, Morgan Stanley & Co. International PLC, and Goldman Sachs International - Proprietary Capital, were not disclosed in this period compared to the previous quarter [1]

Core Viewpoint - Hehua Co., Ltd. (000953.SZ) reported a significant decline in revenue and net profit for the first three quarters of 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company achieved an operating revenue of 129 million yuan, representing a year-on-year decrease of 22.34% [1] - The net profit attributable to shareholders was 7.9332 million yuan, down 89.99% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 7.5389 million yuan, showing a substantial increase of 576.51% year-on-year [1]

Core Insights - The company reported a third-quarter revenue of 48.62 million yuan, representing a year-on-year increase of 26.76% [1] - The net profit for the third quarter was 4.095 million yuan, showing a significant decline of 94.66% [1] - For the first three quarters, the total revenue was 129 million yuan, which is a year-on-year decrease of 22.34% [1] - The net profit for the first three quarters was 7.9332 million yuan, reflecting a year-on-year decline of 89.99% [1]

Revenue and Profit - The company's operating revenue for Q3 2025 was ¥48,621,761.11, representing a 26.76% increase compared to the same period last year, but a 22.34% decrease year-to-date[5]. - The net profit attributable to shareholders for Q3 2025 was ¥4,095,008.82, a significant decline of 94.66% year-on-year, while the year-to-date net profit was ¥7,933,175.75, down 89.99%[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2025 was ¥3,904,644.50, an increase of 373.72% year-on-year, with a year-to-date figure of ¥7,538,903.67, up 576.51%[5]. - The company reported total operating revenue of CNY 129,452,113.45 for the current period, a decrease of 22.36% compared to CNY 166,695,111.85 in the previous period[26]. - The net profit for the current period was CNY 8,652,228.49, compared to CNY 79,578,783.91 in the previous period, indicating a significant decline[26]. - The net profit attributable to the parent company's shareholders for the current period is CNY 7,933,175.75, compared to CNY 79,288,717.79 in the previous period, indicating a significant decline[27]. - The total comprehensive income for the current period is CNY 8,652,228.49, down from CNY 79,578,783.91 in the previous period[27]. - The basic and diluted earnings per share for the current period are both CNY 0.0217, compared to CNY 0.2166 in the previous period[27]. Assets and Liabilities - The total assets at the end of Q3 2025 were ¥272,119,578.13, a decrease of 18.27% compared to the end of the previous year[5]. - The company's total assets decreased to CNY 272,119,578.13 from CNY 332,938,240.48, reflecting a reduction of approximately 18.2%[25]. - Total liabilities decreased to CNY 100,360,296.35 from CNY 171,077,366.48, a decline of about 41.3%[24]. - The company's total liabilities decreased significantly, with other payables dropping by 59.41% to ¥53,245,699.74, primarily due to loan repayments[12]. - The company's cash and cash equivalents decreased to CNY 46,596,834.27 from CNY 89,237,060.46, a drop of 47.8%[23]. - Accounts receivable decreased to CNY 15,474,946.89 from CNY 30,744,399.71, a reduction of 49.7%[23]. Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥42,724,569.80, reflecting a substantial increase of 559.64%[5]. - The net cash flow from operating activities for the current period is CNY 42,724,569.80, a recovery from a net outflow of CNY 9,295,124.16 in the previous period[29]. - Cash inflows from operating activities totaled CNY 149,900,893.67, while cash outflows were CNY 107,176,323.87, resulting in a net cash inflow[29]. - Cash received from operating activities decreased by 10.31% to approximately ¥148.95 million compared to ¥166.07 million in the same period last year[16]. - The company reported a decrease in cash received from sales of goods and services, totaling CNY 148,949,838.94, compared to CNY 166,067,087.16 in the previous period[28]. - Cash paid for purchasing goods and services decreased by 44.34% to approximately ¥84.65 million from ¥152.11 million in the previous year, primarily due to a decline in urea business sales[16]. - Cash paid to employees decreased by 19.92% to approximately ¥16.84 million from ¥21.03 million, attributed to cost reduction measures[16]. - Cash paid for other operating activities decreased by 18.19% to approximately ¥2.32 million from ¥2.84 million, also due to cost reduction efforts[16]. - The net cash flow from investing activities is CNY -7,719,541.20, a decrease from CNY 81,503,339.11 in the previous period[29]. Investments - The company has increased its long-term equity investments to ¥5,000,000.00, reflecting a 100% increase due to contributions to the Pengyu Hongyuan Fund[12]. - Cash paid for investment activities amounted to ¥5 million, representing a new investment in the Pengyu Hongyuan Fund[16]. - The company plans to invest in the Shenzhen Pengyu Hongyuan Venture Capital Partnership, contributing ¥5 million, which is 45.45% of the total initial capital[20]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 35,836[18]. - The largest shareholder, Ningbo Yinyi Holdings Co., Ltd., holds 23.76% of shares, totaling 87 million shares[18]. - The company signed an asset transfer agreement to sell 87 million shares, representing 23.76% of the total share capital, for a total consideration of CNY 63,200.00 million[22]. Expenses - The company's research and development expenses were CNY 3,449,395.19, down from CNY 4,051,770.14, a decrease of 14.8%[26]. - The company's financial expenses decreased by 80.07% to ¥261,466.26 due to the repayment of loans from controlling shareholders[14]. - Cash paid for financing activities increased by 276.02% to approximately ¥77.63 million from ¥20.64 million, primarily for repaying loans from controlling shareholders[16].

上市公司名称：广西河池化工股份有限公司 股票上市地点：深圳证券交易所 股票简称：河化股份 股票代码：000953 信息披露义务人：宁波中哲瑞和企业管理咨询有限公司 住所及通讯地址：浙江省宁波市鄞州区金源路 626 号 18-4-1 室 权益变动性质：股份增加（协议转让） 签署日期：二〇二五年九月 1 信息披露义务人声明 一、信息披露义务人依据《中华人民共和国公司法》《中华人民共和国证 券法》《上市公司收购管理办法》《公开发行证券的公司信息披露内容与格式 准则第15号——权益变动报告书》《公开发行证券的公司信息披露内容与格式 准则第16号——上市公司收购报告书》及其他相关法律、法规及规范性文件的 规定编写本报告书。 二、依据《中华人民共和国证券法》《上市公司收购管理办法》的规定， 本报告书已全面披露了信息披露义务人拥有的广西河池化工股份有限公司（以 下简称"河化股份"）股份变动情况。截至本报告书签署之日，除本报告书披 露的信息外，信息披露义务人没有通过任何其他方式增加或减少其在河化股份 中拥有权益的股份。 三、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不 违反信息披露义务人公司章程或内部规则中的 ...

广发证券股份有限公司 关于广西河池化工股份有限公司 详式权益变动报告书 之 本部分所述词语或简称与本核查意见"释义"所述词语或简称具有相同含义。 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司收购 管理办法》《公开发行证券的公司信息披露内容与格式准则第15号——权益变动 报告书》《公开发行证券的公司信息披露内容与格式准则第16号——上市公司收 购报告书》等法律法规及规范性文件的有关规定，广发证券股份有限公司按照行 业公认的业务标准、道德规范，本着诚实信用和勤勉尽责的原则，对信息披露义 务人出具的《详式权益变动报告书》所披露的内容出具核查意见。 本财务顾问特作如下声明： 1、本财务顾问及信息披露义务人与本次权益变动行为之间不存在任何关联 关系，亦未委托或授权其他任何机构或个人提供未在本核查意见中列载的信息和 对本核查意见做任何解释或者说明。 2、本财务顾问依据的有关资料由信息披露义务人提供。信息披露义务人已 做出承诺，保证其所提供的信息和文件真实、准确、完整，不存在任何重大遗漏、 虚假记载或误导性陈述，并对其真实性、准确性、完整性负责。 财务顾问核查意见 2025 年 9 月 声 明 3、本财务 ...