Core Viewpoint - The company expects to report a negative net profit for the fiscal year 2025 due to low sales prices of its main products and unstable production operations at its subsidiary [1][2]. Group 1: Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025 [1]. - The expected net profit is projected to be negative [1]. Group 2: Communication with Auditor - The company has communicated with its accounting firm regarding the performance forecast, and there are no disagreements between the two parties [1]. - The performance forecast has not undergone pre-audit by the registered accountant [1]. Group 3: Reasons for Performance Change - The overall performance is expected to remain in a loss state due to several factors, including persistently low sales prices and the inability of the subsidiary Yushen Energy Chemical to achieve production targets [1].

Group 1 - The company, Xinghua Co., Ltd. (002109.SZ), has disclosed its annual performance forecast for 2025, expecting a net loss attributable to shareholders of the listed company between 420 million yuan and 560 million yuan [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses is also projected to be between 420 million yuan and 560 million yuan [1]

Group 1 - The company, Xinghua Co., expects a net loss attributable to shareholders of 420 million to 560 million yuan for the year 2025, with basic earnings per share projected to be a loss of 0.3291 to 0.4388 yuan [1] - In the same period last year, the company reported a net loss of approximately 380 million yuan, with basic earnings per share at a loss of 0.2976 yuan [1] - The primary reasons for the performance change include persistently low sales prices of the company's main products and unstable production operations at its subsidiary, Yushen Energy Chemical, which failed to achieve production targets [1]

Core Viewpoint - The article discusses a related party transaction by Xinghua Co., Ltd. aimed at addressing the issue of competition arising from the production of ethanol by Yulin Kaiyue Coal Chemical Co., Ltd. [1] Group 1: Transaction Details - The transaction involves the overall management of sales rights for products such as ethanol and methyl acetate from Kaiyue Coal Chemical to Xinghua Co., Ltd. to mitigate competition [1] - During the management period, all business revenues, costs, expenses, and profits related to these products will be independently borne and enjoyed by Kaiyue Coal Chemical [1] - Xinghua Co., Ltd. will receive an annual management fee of 5 million yuan (including tax) as compensation for the management services provided [1] Group 2: Agreement Specifics - The specific details regarding the scope of management, duration, processes, and fee standards are outlined in the "Product Sales Rights Management Agreement" [1]

Group 1 - The company expects a loss of 420 million to 560 million yuan in 2025, with a non-recurring loss in the same range [1] - The main products of the company are projected to continue selling at low prices in 2025 [1] - The subsidiary, Yushen Energy Chemical, has experienced unstable production operations and failed to achieve its production targets [1] Group 2 - Overall, the company's performance is still in a loss state due to various factors [1]

Group 1 - The company expects a net loss attributable to shareholders of 420 million to 560 million yuan for the year 2025, compared to a loss of 380 million yuan in the same period last year [1] - The main products of the company are experiencing sustained low sales prices [1] - The subsidiary Yushen Energy Chemical is facing unstable production operations and has not achieved its production targets [1] Group 2 - Overall, the company's performance remains in a loss state due to various influencing factors [1]

Core Viewpoint - Xinghua Co. is expected to report a net loss of 420 million to 560 million yuan for the year 2025, indicating ongoing financial difficulties due to low product sales prices and operational instability at its subsidiary [1] Financial Performance - The projected net profit attributable to shareholders for 2025 is a loss ranging from 420 million yuan to 560 million yuan [1] - The expected net profit after deducting non-recurring gains and losses is also a loss in the same range of 420 million to 560 million yuan [1] Operational Challenges - The primary reason for the losses is the continued low pricing of the company's main products [1] - Operational instability at the subsidiary Yushen Energy Chemical has prevented the company from achieving its production and efficiency targets [1] - Overall, the company's performance remains in a loss state due to these combined factors [1]

证券代码：002109 证券简称：兴化股份 公告编号： 2026-002 陕西兴化化学股份有限公司 关于与关联方签署《产品销售权托管协议》 暨关联交易的公告 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。 重要内容提示： 本次关联交易是为过渡性解决陕西延长石油榆林凯越 煤化有限责任公司（以下简称凯越煤化）乙醇装置投产后与 陕西兴化化学股份有限公司（以下简称兴化股份或公司）现 有业务形成同业竞争的问题而实施的。本次关联交易遵循公 平、自愿、合理的交易原则，双方交易价格合理，没有影响 公司的独立性，不会对关联方形成较大依赖。 一、关联交易概述 1、本次关联交易是为过渡性解决陕西延长石油榆林凯 越煤化有限责任公司（以下简称凯越煤化）乙醇装置投产后 与公司现有业务形成同业竞争的问题而实施的，即：将凯越 煤化涉及同业竞争的乙醇、乙酸甲酯等产品的销售权整体托 1 / 10 管至公司，托管期间，上述产品对应的业务收入、成本、费 用及利润等全部由凯越煤化独立承担与享有，公司按年收取 托管费 500 万元/年（含税）作为管理服务的对价。托管范围、 托管期限、托管流程及费用标准等 ...

股票代码：002109 股票简称：兴化股份 公告编号：2026-003 陕西兴化化学股份有限公司 关于预计公司及子公司 2026 年度日常关联交 易的公告 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、日常关联交易基本情况 （一）日常关联交易概述 陕西兴化化学股份有限公司（以下简称"公司"）所属子 公司主营业务为甲醇、合成氨、一甲胺、二甲胺、三甲胺、二 甲基甲酰胺、乙醇等产品的生产及销售。具体包括： （1）公司于 2026 年 1 月 20 日召开的第八届董事会第九 次会议，以 3 票同意，0 票反对、0 票弃权的表决结果审议通过 了《关于预计公司及子公司 2026 年度日常关联交易的议案》。 （2）在审议上述议案时，公司关联方董事石磊先生、薛宏 伟先生、郭尊礼先生、王彦峰先生、韩磊先生、曹杰先生对此 表决进行了回避，其余董事全部同意。本次董事会会议召开前， 独立董事召开专门会议对该议案进行了审核并同意提交董事会 进行审议。 （3）上述关联交易事项尚须提交公司股东会审议通过后方 能生效，届时关联股东延长集团、兴化集团需对此项议案回避 表决。 陕西延长石油 ...

证券代码：002109 证券简称：兴化股份 公告编号：2026-004 4、会议召开日期、时间： 现场会议召开时间：2026 年 2 月 6 日（星期五）15:00。 陕西兴化化学股份有限公司 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、股东会届次：2026 年第一次临时股东会（以下简称本次股 东会）。 2、股东会的召集人：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。 网络投票时间：2026 年 2 月 6 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 2026 年 2 月 6 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 2026 年 2 月 6 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。 本次股东会公司将通过深圳证券交易所交易系统和互联网投 1 / 9 票系 ...