公司 2024 年度董事会工作报告 陕西兴化化学股份有限公司（以下简称公司）董事会严格 遵守《公司法》《证券法》《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》等法律法规、规范 性文件及监管部门的相关规定和要求，本着对公司股东负责的 态度，严格履行《公司章程》赋予的职责，认真执行股东大会 的通过的各项决议，充分发挥董事会在公司治理中"定战略、 做决策、防风险"的作用。一年来，公司董事会持续开展公司 治理活动，不断提升公司治理水平和运营效率，在认真落实年 初工作计划的基础上，统筹做好各项工作，科学决策，规范运 作，全年勤勉尽责。现在我代表公司董事会就一年来的工作报 告如下： 一、2024 年度总体经营情况 2024 年，面对国内经济增长预期偏弱、化工市场有效需 求不足、公司主要产品销售价格低位震荡等不利因素，公司坚 决贯彻落实股东大会各项工作部署，抓实抓细安全环保节能管 控各项工作，在确保各生产装置"安稳长满优"的同时大力实 施产销联动机制，精准把握市场动态，及时调整产品结构，充 分释放优势产品产能，力求降本节支、增效增收。同时，随着 原材料价格的下跌，公司整体效益同比实现减亏，各项工 ...

一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | -0.2976 | -0.3621 | 17.81 | 0.3667 | | 每股净资产（元） | 3.53 | 3.83 | -7.83 | 4.46 | | 每股公积金(元) | 2.21 | 2.27 | -2.64 | 2.12 | | 每股未分配利润(元) | 0.17 | 0.41 | -58.54 | 1.15 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 41.31 | 36.92 | 11.89 | 32.58 | | 净利润(亿元) | -3.8 | -4.12 | 7.77 | 3.86 | | 净资产收益率(%) | -8.00 | -9.13 | 12.38 | 8.63 | 数据四舍五入，查看更多财务数据>> | 名称 | 持有数量(万股) | 占总股本比 | 增减情况 | | --- | --- | --- | ...

证券代码：002109 证券简称：兴化股份 公告编号：2025-013 陕西兴化化学股份有限公司 关于召开 2024 年年度股东大会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，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 1、股东大会届次：2024 年年度股东大会（以下简称本次股东 大会）。 2、股东大会的召集人：公司董事会。 3、会议召开的合法、合规性：本次股东大会会议召开符合有 关法律、行政法规、部门规章、规范性文件和《公司章程》的规 定。 4、会议召开日期、时间： 现场会议召开时间：2025 年 5 月 23 日（星期五）14:30。 网络投票时间：2025 年 5 月 23 日 其中：通过深圳证券交易所交易系统进行网络投票的具体时 间为2025年5月23日9:15～9:25，9:30～11:30和13:00～15:00； 通过深圳证券交易所互联网投票的具体时间为 2025 年 5 月 23 日 9:15～15:00 期间的任意时间。 5、会议召开方式：现场表决和网络投票相结合的方式。 1 / 9 本次股东大会公司将通过深圳证券交易所交易系统和互联网 投票系统（h ...

证券代码：002109 证券简称：兴化股份 公告编号：2025-009 陕西兴化化学股份有限公司 第八届监事会第三次会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 陕西兴化化学股份有限公司（以下简称公司）第八届监 事会第三次会议通知于 2025 年 4 月 11 日以邮件及书面形式 送达各位监事，会议于 2025 年 4 月 22 日上午在公司会议室 召开。本次会议应出席监事 3 名，实际出席监事 3 名，会议 由监事会主席马军强先生主持，会议的召开与表决程序符合 《公司法》和《公司章程》的有关规定。 二、监事会会议审议情况 1 / 3 2、审议通过了《公司 2024 年度监事会工作报告》 3、审议通过了《公司 2024 年度财务决算报告》 表决结果：同意票 3 票、反对票 0 票、弃权票 0 票。 1、审议通过了《关于公司 2024 年度对以前年度报告 披露的财务报表数据由于同一控制下企业合并进行追溯 调整的议案》 表决结果：同意票 3 票、反对票 0 票、弃权票 0 票。 表决结果：同意票 3 票、反对票 0 票、弃权 ...

3、2024 年度，公司未有违反财政部、证监会等部门颁 发的《内部会计控制规范》《企业内部控制基本规范》及公 司内部控制制度的情形发生。 综上所述，监事会认为：《公司 2024 年度内部控制自我 评价报告》全面、真实、准确、客观地反映了公司内部控制 的实际情况。 陕西兴化化学股份有限公司监事会 对《公司2024年度内部控制自我评价报告》的意 见 根据财政部、证监会等部门颁发的《内部会计控制规范》 《企业内部控制基本规范》等有关规定，公司监事会对《公 司 2024 年度内部控制自我评价报告》发表如下意见： 1、公司根据中国证监会、深圳证券交易所的有关规定， 遵循内部控制的基本原则，按照自身的实际情况，建立健全 了覆盖公司各环节的内部控制制度，保证了公司业务活动的 正常进行，保护公司资产的安全和完整。 2、公司内部控制组织机构完整，内部审计部门及人员配 备齐全到位，保证了公司内部控制重点活动的执行及监督充 分有效。 陕西兴化化学股份有限公司监事会 2025 年 4 月 22 日 ...

证券代码：002109 证券简称：兴化股份 公告编号：2025-008 陕西兴化化学股份有限公司 第八届董事会第三次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 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 陕西兴化化学股份有限公司（以下简称公司）第八届董 事会第三次会议通知于 2025 年 4 月 11 日以直接送达和电子 邮件相结合的方式送达各位董事、监事及高级管理人员。本 次会议于 2025 年 4 月 22 日上午在公司会议室召开。 本次会议应到董事 9 人，实到董事 9 人。会议由董事长 韩磊先生主持，公司监事和高级管理人员列席了会议。会议 的召集和召开符合法律、法规和《公司章程》的有关规定。 二、董事会会议审议情况 1、审议通过了《关于公司 2024 年度对以前年度报告 披露的财务报表数据由于同一控制下企业合并进行追溯 调整的议案》 表决结果：同意票 9 票、反对票 0 票、弃权票 0 票。 表决结果：同意票 9 票、反对票 0 票、弃权票 0 票。 公司 2024 年度财务报表已经华兴会计师事务所（特殊 普通合伙）审计验证，并出具了标准无保留意见的《审 ...

本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 证券代码：002109 证券简称：兴化股份 公告编号：2025-015 陕西兴化化学股份有限公司 关于 2024 年度利润分配预案的公告 重要提示： 1、2024 年度利润分配预案为：不进行利润分配，也不 进行资本公积转增股本。 2、本次利润分配方案已经公司第八届董事会第三次会 议和第八届监事会第三次会议审议通过，尚需提交公司 2024 年度股东大会审议。 陕西兴化化学股份有限公司（以下简称公司）于 2025 年 4 月 22 日召开的第八届董事会第三次会议和第八届监事 会第三次会议审议通过了《公司 2024 年度利润分配预案》， 该议案尚需提请公司 2024 年度股东大会审议， 具体情况如 下： 一、审议程序 1、董事会审议情况 公司于 2025 年 4 月 22 日召开第八届董事会第三次会议， 审议通过了《公司 2024 年度利润分配预案》，并同意将该议 案提交公司 2024 年度股东大会审议。 2、监事会审议情况 公司于2025年4月22日召开第八届监事会第三次会议， 审议通过了《公司 2024 年度利润分 ...

兴化股份（002109）公告，2025年第一季度营业收入8.4亿元，同比下降7.53%。净亏损9551.4万元，去 年同期净亏损1.49亿元。 ...

Business Focus and Operations - The company reported a significant shift in its main business focus to the production and operation of synthetic ammonia, methanol, methylamine, DMF, and ethanol following a major asset restructuring completed in February 2023[22]. - The company’s subsidiaries, Xinghua Chemical and Yushen Energy Chemical, primarily engage in the coal chemical industry, focusing on products such as synthetic ammonia and methanol[4]. - The company operates primarily through its wholly-owned subsidiary, Xinghua Chemical, and its controlling subsidiary, Yushen Energy Chemical, focusing on coal chemical production with annual capacities of 300,000 tons for ammonia and methanol, and 500,000 tons for coal-based ethanol[35]. - Yushen Energy Chemical's 500,000 tons/year coal-based ethanol project marks a significant advancement in large-scale industrial production of coal-based ethanol in China, enhancing the efficient utilization of coal resources[35]. - The company’s main products include ammonia, methanol, DMF, and ethanol, which are widely used across various sectors such as agriculture, defense, and energy[41]. - The company produces methanol, ammonia, and ethanol, with methanol being a key organic chemical raw material widely used in various industries[51]. - The production process involves converting raw coal into syngas, which is then processed to produce methanol and other derivatives[48]. Financial Performance - The company's operating revenue for 2024 reached ¥4,131,421,668.07, an increase of 11.89% compared to ¥3,692,231,292.72 in 2023[24]. - The net profit attributable to shareholders for 2024 was ¥379,851,079.27, reflecting a 7.84% decrease from ¥410,851,602.58 in 2023[24]. - The cash flow from operating activities for 2024 was ¥567,742,746.36, representing a 26.87% increase from ¥447,515,337.82 in 2023[25]. - The total assets at the end of 2024 were ¥11,275,860,493.61, a decrease of 9.04% from ¥12,396,122,009.41 at the end of 2023[25]. - The net assets attributable to shareholders at the end of 2024 were ¥4,501,639,800.00, down 18.58% from ¥5,529,240,850.00 at the end of 2023[25]. - The company reported a quarterly operating revenue of ¥1,187,320,362.98 in Q4 2024, with a net profit attributable to shareholders of -¥70,576,844.87[29]. - The company recorded non-operating income of ¥2,604,919.25 in 2024, compared to ¥1,227,328.56 in 2023[31]. - The company experienced a total of -¥8,968,092.57 in non-recurring losses for 2024, compared to -¥1,925,696.58 in 2023[31]. Risks and Challenges - The company faces various risks including safety production risks, environmental risks, raw material price fluctuations, market demand and competition risks, and industrial policy risks[4]. - The company is exposed to raw material price volatility, particularly coal, which directly impacts profitability; it has implemented long-term agreements to stabilize prices[122]. - Market demand and competition risks are significant, as the prices of key products like synthetic ammonia and methanol are heavily influenced by supply and demand dynamics[123]. - The company is monitoring national policies regarding biofuel ethanol production, which could impact its market opportunities for synthetic gas-derived ethanol[124]. - The company is implementing measures to control losses and improve operational efficiency in response to environmental policy impacts and declining DMF operating rates[126]. Governance and Shareholder Rights - The company emphasizes the importance of investors understanding the difference between plans, forecasts, and commitments, particularly regarding future strategies and development plans[4]. - The company has a clear governance structure with independent supervisory and executive bodies, ensuring effective checks and balances[129]. - The company ensures equal rights for all shareholders, particularly minority shareholders, in decision-making processes[130]. - The company has committed to maintaining an independent organizational structure and governance, with independent decision-making by the board and management[197]. - The company guarantees the independence of its financial department and accounting system, ensuring no interference from the parent company in financial decisions[197]. Environmental Management - The company has implemented a comprehensive environmental management system, with the general manager responsible for environmental protection and pollution control[183]. - The company has achieved high capacity utilization rates for its mature products, reflecting operational efficiency[67]. - The company has invested 61.2 million yuan in 2018 to upgrade its coal-fired boiler emissions to meet ultra-low emission standards[179]. - The company has implemented measures to reduce carbon emissions, including increasing the procurement of high-quality coal to reduce physical coal usage[186]. - The company has established a self-monitoring plan for environmental management, with regular uploads of monitoring data to the national pollution permit management platform[185]. Employee Management and Training - The total number of employees at the end of the reporting period is 2,024, with 1,935 from major subsidiaries[158]. - The company implements a performance-based salary system, with salaries consisting of base pay, position pay, performance pay, and various allowances and bonuses[159]. - The company emphasizes internal and external training to enhance employee skills, focusing on management and technical positions[160]. - The training program includes four main areas: management, professional technology, skills operation, and safety education[160]. - The company aims to improve the emergency response capabilities of frontline employees through targeted training[161]. Strategic Plans and Future Outlook - The company plans not to distribute cash dividends, issue bonus shares, or increase share capital from reserves for the fiscal year 2024[5]. - The company aims to optimize procurement costs and production efficiency by leveraging local resource advantages and implementing dynamic management strategies[61]. - The company is focused on enhancing its production processes and expanding its product offerings to meet the evolving demands of the market[42]. - The company is committed to developing clean energy and chemical products, aligning with national energy security needs and the goal of reducing reliance on imported oil[36]. - The company is poised to explore new opportunities for growth and development in the upcoming fiscal year[141].

Financial Performance - The company's operating revenue for Q1 2025 was ¥839,505,582.23, a decrease of 7.53% compared to ¥907,900,700.66 in the same period last year[5] - The net profit attributable to shareholders was -¥95,514,023.70, an improvement of 35.82% from -¥148,824,482.48 year-on-year[5] - Total operating revenue for the current period is ¥839,505,582.23, a decrease of 7.5% compared to ¥907,900,700.66 in the previous period[19] - Net profit for the current period is -¥129,469,840.96, an improvement from -¥150,664,323.32 in the previous period[20] - The net profit attributable to the parent company is -¥95,514,023.70, compared to -¥148,824,482.48 in the previous period, indicating a significant reduction in losses[20] - Basic and diluted earnings per share are both -¥0.0748, an improvement from -¥0.1166 in the previous period[21] Cash Flow - The cash flow from operating activities decreased by 59.08%, amounting to ¥23,848,856.23 compared to ¥58,282,538.88 in the previous year[5] - Cash flow from operating activities is ¥833,363,670.83, down from ¥914,049,950.70, representing a decrease of 8.8%[23] - Net cash flow from operating activities was $23,848,856.23, a decrease of 59% compared to $58,282,538.88 in the previous period[24] - Cash flow from investment activities was negative at -$34,149,514.80, compared to -$23,994,895.18 previously, indicating increased investment expenditures[24] - Cash flow from financing activities showed a net outflow of -$28,636,721.14, significantly reduced from -$676,338,096.98 in the prior period[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥11,199,808,261.31, a decrease of 0.67% from ¥11,275,860,493.61 at the end of the previous year[5] - The total assets of the company as of March 31, 2025, amounted to CNY 11,199,808,261.31, a decrease from CNY 11,275,860,493.61 at the beginning of the period[15] - Total liabilities amount to ¥5,828,128,924.21, an increase from ¥5,776,811,089.58[17] - The total liabilities of the company included accounts payable of CNY 1,073,207,807.71, slightly down from CNY 1,103,761,728.16[16] - Non-current liabilities total ¥3,625,174,035.27, slightly decreased from ¥3,625,451,628.06[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,896[10] - The largest shareholder, Shaanxi Yanchang Petroleum (Group) Co., Ltd., holds a 39.80% stake in the company[10] - Total equity attributable to shareholders of the parent company is ¥4,407,163,244.89, down from ¥4,501,639,801.79[17] Inventory and Receivables - Accounts receivable increased significantly by 10,366.58% to ¥68,115,653.64 due to extended credit terms offered to customers[8] - Accounts receivable rose significantly to CNY 68,115,653.64 from CNY 650,791.90, indicating a substantial increase in customer credit[15] - Inventory levels increased to CNY 277,941,212.15 from CNY 254,795,091.99, showing a growth of about 9.1%[16] - The company reported a significant increase in contract liabilities, which rose to CNY 102,561,145.03 from CNY 22,737,516.09, indicating a growth of over 350%[16] Government Support and Investments - The company received government subsidies amounting to ¥1,067,662.50 during the reporting period[6] - The company’s long-term investments remained stable at CNY 4,668,608.06, unchanged from the previous period[16] Operational Challenges - The cash and cash equivalents decreased to CNY 1,413,088,950.03 from CNY 1,452,026,329.74, reflecting a decline of about 2.7%[15] - The company has not disclosed any new product developments or market expansion strategies during the earnings call[12]