证券代码：002064 证券简称：华峰化学 公告编号：2025-044 华峰化学股份有限公司 第九届董事会第十二次会议决议公告 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、董事会会议召开情况 表决结果：同意 9 票、反对 0 票、弃权 0 票。 三、备查文件 （一）公司第九届董事会第十二次会议决议； （二）2025 年半年度募集资金存放与实际使用情况的专项报告。 华峰化学股份有限公司（以下简称"公司"）第九届董事会第十二次会议 通知于 2025 年 7 月 31 日以电子邮件或专人送达方式发出，会议于 2025 年 8 月 11 日以现场结合通讯表决的方式召开，董事苗迎彬先生、独立董事高卫东先 生、宋海涛先生、潘彬先生以通讯表决方式参加。会议由董事长尤飞煌先生主 持。本次会议应到董事 9 人，实到 9 人，公司监事、高级管理人员列席会议， 符合《公司法》和《公司章程》的有关规定，会议决议合法有效。 二、 董事会会议审议情况 （一）审议通过了《2025 年半年度报告》全文及其摘要。 具体内容详见公司登载于 2025 年 8 月 12 日的证券时报、中国证 ...

华峰化学公告，2025年上半年营业收入121.37亿元，同比下降11.70%。净利润9.83亿元，同比下降 35.23%。公司计划不派发现金红利，不送红股，不以公积金转增股本。 ...

华峰化学股份有限公司 2025 年半年度报告 2025 年 8 月 华峰化学股份有限公司 2025 年半年度报告全文 公司负责人尤飞煌、主管会计工作负责人孙洁及会计机构负责人(会计主管人员)孙洁声明：保证本 半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 如本报告中涉及未来计划等前瞻性陈述，不构成公司对投资者的实质性承诺，投资者及相关人士均 应当对此保持足够的风险认识，并且应当理解计划、预测与承诺之间的差异。除公司整体面临的宏观经 济波动风险、市场竞争及营业利润波动风险等风险外，公司存在市场变化、行业周期变动以及原材料价 格波动等风险，敬请广大投资者注意投资风险。 本报告中所涉及未来的经营计划和经营目标并不代表公司对未来的盈利预测，公司存在市场变化、 行业周期变动以及原材料价格波动等风险，敬请广大投资者注意投资风险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1 | 目录 ...

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Views - The chlor-alkali industry is experiencing a recovery in profitability, driven by a tightening supply of glyphosate and glufosinate, leading to price increases [4][20] - The "anti-involution" policy is expected to be a key focus in 2025 and beyond, aiming to optimize the competitive landscape in the chemical industry [26] Summary by Sections Industry Trends - The chemical industry index outperformed the CSI 300 index by 1.1% this week, with 76.7% of the 545 tracked stocks showing weekly gains [17] - The average price of glyphosate increased to 26,399 CNY/ton, a rise of 0.37% from the previous week, while glufosinate also saw a price increase [21][22] Key Products Tracking - Urea and potassium chloride prices have risen, while phosphorite and phosphates remain stable [52] - The average price of urea reached 1,780 CNY/ton, up 0.62% from the previous week, driven by improved market sentiment [52][54] Recommended and Beneficiary Stocks - Recommended stocks include leading chemical companies such as Wanhua Chemical, Hualu Hengsheng, and Hengli Petrochemical [6][26] - Beneficiary stocks include companies like Jiangshan Co., Ltd. and Hebei New Chemical Materials [24][27]

Core Insights - The total salary of CFOs in A-share listed companies reached 4.27 billion yuan in 2024, with an average annual salary of 814,800 yuan [1] - The chemical fiber industry saw a total CFO salary of 12.80 million yuan, with an average salary of 640,000 yuan, reflecting a year-on-year increase of 4.38% [2] Salary Analysis - The highest-paid CFO in the chemical fiber industry is Sun Jie from Huafeng Chemical, earning 1.75 million yuan, which is 2.7 times the industry average [3] - The lowest-paid CFO is Qu Dajun from Jilin Chemical Fiber, with an annual salary of 160,000 yuan, only a quarter of the industry average [3] - Xu Ping from Youcai Resources experienced the highest salary increase, with a 93% rise to 572,600 yuan, despite the company's revenue declining by 3.7% [4] - Zheng Xiaoyi from Montai High-tech faced the largest salary decrease, with a 41.6% drop to 305,100 yuan, while the company reported a significant net loss [4] Educational and Age Demographics - In the chemical fiber industry, 70% of CFOs hold a bachelor's degree, while 15% have an associate degree and 15% have a master's degree [3] - Most CFOs are over 40 years old, with the youngest being 35 years old [3] Regulatory Actions - Two CFOs in the chemical fiber industry have faced administrative penalties in 2024, including a warning letter issued to Feng Liping from Xinxiang Chemical Fiber [5][6]

Core Insights - The total salary of CFOs in A-share listed companies reached 4.27 billion yuan in 2024, with an average annual salary of 814,800 yuan [1] - The chemical fiber industry saw a total CFO salary of 12.80 million yuan, with an average salary of 640,000 yuan, reflecting a year-on-year increase of 4.38% [2] Salary Analysis - The highest-paid CFO in the chemical fiber industry is Sun Jie from Huafeng Chemical, earning 1.75 million yuan, which is 2.7 times the industry average [3] - The lowest-paid CFO is Qu Dajun from Jilin Chemical Fiber, with an annual salary of 160,000 yuan, only a quarter of the industry average [3] - Xu Ping from Youcai Resources experienced the highest salary increase, with a 93% rise to 572,600 yuan, despite the company's revenue declining by 3.7% [4] Educational and Age Demographics - In the chemical fiber industry, 70% of CFOs hold a bachelor's degree, while 15% have an associate degree and 15% have a master's degree [3] - Most CFOs are over 40 years old, with the youngest being 35 years old [3] Performance Metrics - Huafeng Chemical reported a revenue of 26.93 billion yuan in 2024, a 2.4% increase, but its net profit decreased by 10.4% to 2.22 billion yuan [3] - Jiejian Equipment achieved a revenue of 3.883 billion yuan, a 3.9% increase, but its net profit fell by 13.9% [3] Regulatory Actions - Two CFOs in the chemical fiber industry faced administrative penalties in 2024, with one receiving a warning from the Henan Securities Regulatory Bureau [5][6]

Group 1 - The chemical sector continues to strengthen, with the chemical ETF (516020) showing a maximum intraday increase of 1.08% and closing up 0.92%, marking three consecutive days of gains [1] - Key stocks in the sector include Jinfa Technology, which surged 7.18%, and Guangdong Hongda and Huafeng Chemical, both rising over 4% [1] - The chemical ETF has attracted significant capital, with a net subscription amount exceeding 1.67 billion yuan over the past ten trading days [4] Group 2 - Since July, the chemical sector has outperformed the broader market, with the chemical ETF's index gaining 8.3% compared to the Shanghai Composite Index's 5.5% and the CSI 300 Index's 4.51% [3] - The chemical industry is currently experiencing a recovery phase, with high operating rates for core products, generally above 65% [6] - The "anti-involution" policy is expected to serve as a turning point for the chemical sector, potentially leading to improved profitability and market conditions [6][7] Group 3 - The chemical ETF (516020) is designed to track the sub-index of the chemical industry, with nearly 50% of its holdings concentrated in large-cap leading stocks, such as Wanhua Chemical and Salt Lake Co [8] - The sector is facing challenges such as overcapacity and intensified competition, but the recent policy changes aim to optimize industry structure and encourage consolidation [7] - The valuation of the chemical ETF's index is currently at a low point, with a price-to-book ratio of 2.05, indicating a favorable long-term investment opportunity [6]

| 证券代 | 证券简 | 今日涨跌幅 | 今日换手率 | 年线 | 最新价 | 乖离率 | | --- | --- | --- | --- | --- | --- | --- | | 码 | 称 | （%） | （%） | （元） | （元） | （%） | | 601989 | 中国重 工 | 10.04 | 4.24 | 4.72 | 5.15 | 9.17 | | 600661 | 昂立教 育 | 7.46 | 15.94 | 11.47 | 12.24 | 6.68 | | 002064 | 华峰化 学 | 4.05 | 0.72 | 7.45 | 7.70 | 3.39 | | 000949 | 新乡化 纤 | 5.37 | 6.37 | 3.99 | 4.12 | 3.37 | | 601225 | 陕西煤 业 | 5.62 | 1.05 | 20.73 | 21.43 | 3.36 | | 603596 | 伯特利 | 6.05 | 3.82 | 49.47 | 50.99 | 3.06 | | 002045 | 国光电 器 | 4.26 | 13.25 | 15.72 | 16.16 | 2 ...

Group 1: Market Performance - The chemical sector continued to show positive momentum with the chemical ETF (516020) reaching a peak intraday increase of 0.81%, closing with a gain of 0.49% as of the report [1] - Key stocks in the sector included Jinfa Technology, which surged over 5%, and Huafeng Chemical, which rose over 3%, with other stocks like Guangdong Hongda and Xinzhou Bang also increasing by more than 2% [1][2] Group 2: Industry Insights - The chemical industry is experiencing a slight weakening in upward momentum, with a transition from emotion-driven trading to fundamental pricing [3] - The agricultural chemicals sector is seeing rising prices for products like paraquat and glyphosate, driven by strong downstream demand and robust overseas orders [3] - The industry is facing challenges such as overcapacity and intensified competition, leading to a decline in overall profit margins [3] Group 3: Investment Opportunities - The chemical ETF (516020) tracks the CSI segmented chemical industry index, covering various sub-sectors and concentrating nearly 50% of its holdings in large-cap leading stocks [4] - Investors can consider using the chemical ETF as a more efficient way to gain exposure to the chemical sector, with options for both direct investment and through linked funds [4]

Group 1 - The chemical sector is experiencing a slight weakening in upward momentum, transitioning from emotion-driven trading to fundamental pricing [3] - The chemical ETF (516020) showed a maximum intraday increase of 0.81%, with a current increase of 0.49% [1] - Key stocks in the sector include Jinfa Technology, which surged over 5%, and Huafeng Chemical, which rose over 3% [1] Group 2 - The agricultural chemical prices, such as paraquat and glyphosate, continue to rise, driven by strong downstream demand and robust overseas orders [3] - The chemical ETF (516020) has a price-to-book ratio of 2.05, indicating a low valuation compared to the past decade [3] - The industry is facing challenges such as overcapacity and intensified homogenization competition, leading to a decline in overall profit margins [4] Group 3 - The current policies aim to optimize industrial layout and accelerate the elimination of inefficient capacity, which may enhance industry concentration [4] - The chemical ETF (516020) tracks the CSI sub-sector chemical industry index, covering various subfields and concentrating nearly 50% of its holdings in large-cap leading stocks [4] - The "Belt and Road" initiative is expected to help explosive enterprises expand overseas demand [3]