Core Viewpoint - Titanium Chemical has experienced a stock price increase of 29.23% year-to-date, but has recently seen a decline of 6.02% over the past five trading days, indicating volatility in its stock performance [2]. Company Overview - Titanium Chemical Co., Ltd. is located in Baiyin District, Gansu Province, and was established on February 23, 2001, with its stock listed on August 3, 2007. The company primarily produces and sells rutile titanium dioxide [2]. - The revenue composition of Titanium Chemical includes: titanium dioxide (80.17%), yellow phosphorus (7.30%), logistics (4.96%), new energy materials (3.40%), other (2.84%), and phosphate rock (1.32%) [2]. - The company is classified under the basic chemical industry, specifically in chemical raw materials and titanium dioxide [2]. Financial Performance - For the period from January to September 2025, Titanium Chemical achieved a revenue of 5.765 billion yuan, representing a year-on-year growth of 11.97%. However, the net profit attributable to shareholders decreased by 29.40% to 316 million yuan [2]. - Since its A-share listing, Titanium Chemical has distributed a total of 773 million yuan in dividends, with 433 million yuan distributed over the past three years [2]. Shareholder Information - As of September 30, 2025, the number of shareholders for Titanium Chemical was 115,700, an increase of 0.80% from the previous period. The average circulating shares per person decreased by 0.79% to 32,240 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fourth largest, holding 66.475 million shares, an increase of 39.109 million shares from the previous period. Additionally, Penghua CSI Sub-Segment Chemical Industry Theme ETF is a new seventh-largest shareholder with 40.016 million shares [3].

Core Insights - The titanium dioxide sector experienced a 0.73% increase, ranking fifth among concept sectors, with five stocks rising, including Zhenhua Co., which hit the daily limit, and Guocheng Mining, Tianyuan Co., and Jinpu Titanium, which rose by 8.45%, 6.23%, and 3.36% respectively [1] Group 1: Market Performance - The titanium dioxide concept saw a net inflow of 90 million yuan from main funds, with Tianyuan Co. leading the inflow at 86.26 million yuan, followed by Zhenhua Co., Guocheng Mining, and Jinpu Titanium with inflows of 76.28 million yuan, 46.07 million yuan, and 13.72 million yuan respectively [2][3] - The top stocks by net inflow ratio included Tianyuan Co. at 8.61%, Guocheng Mining at 5.65%, and Jinpu Titanium at 5.44% [3] Group 2: Stock Performance - Zhenhua Co. recorded a 10% increase, while Guocheng Mining and Tianyuan Co. rose by 8.45% and 6.23% respectively [1][3] - The stocks with the largest declines included Daon Co. at -9.32%, followed by Titan Chemical at -1.93% and Huiyun Titanium at -1.84% [1][4]

智通财经APP讯，钛能化学(002145.SZ)发布2025年三季度报告，前三季度，公司实现营业收入57.65亿 元，同比增长11.97%。归属于上市公司股东的净利润3.16亿元，同比下降29.40%。归属于上市公司股东 的扣除非经常性损益的净利润2.73亿元，同比下降28.75%。 ...

Group 1 - The company Tianneng Chemical (SZ 002145) held its eighth fifth temporary board meeting on October 26, 2025, to review the "2025 Third Quarter Report" and other documents [1] - For the first half of 2025, Tianneng Chemical's revenue composition was as follows: fine chemicals accounted for 80.17%, phosphorus chemicals 8.63%, logistics services 4.96%, new energy 3.4%, and other businesses 2.84% [1] - As of the report date, Tianneng Chemical's market capitalization was 22.1 billion yuan [1]

Group 1 - The chemical raw materials sector increased by 0.82% compared to the previous trading day, with Shilong Industrial leading the gains [1] - On the same day, the Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] - Notable performers in the chemical raw materials sector included Shilong Industrial, which rose by 10.01% to a closing price of 16.92, and Titan Chemical, which increased by 7.00% to 5.81 [1] Group 2 - The chemical raw materials sector experienced a net outflow of 282 million yuan from institutional funds, while retail investors saw a net inflow of 296 million yuan [2] - The trading volume for Shilong Industrial was 731,400 shares, with a transaction value of 1.161 billion yuan [1] - The top gainers in the sector included Kaisheng New Materials, which rose by 5.95% to 25.28, and ST Yatai, which increased by 4.96% to 11.42 [1] Group 3 - The main net inflows for institutional funds were observed in Huayi Group, with 40.6093 million yuan, and ST Yatai, with 29.172 million yuan [3] - Retail investors showed significant net inflows in Dragon Group, amounting to 20.475 million yuan, despite a net outflow from institutional funds [3] - The overall market sentiment reflected a mixed response, with some stocks experiencing significant outflows from both institutional and retail investors [3]

经各位董事认真讨论、审议，形成董事会决议如下： （一）审议通过《2025 年第三季度报告》 证券代码：002145 证券简称：钛能化学 公告编号：2025-082 钛能化学股份有限公司 第八届董事会第五次（临时）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 钛能化学股份有限公司（以下简称"公司"）于 2025 年 10 月 23 日以通讯、 电子邮件等方式发出关于召开第八届董事会第五次（临时）会议的通知及相关资 料，本次会议于 2025 年 10 月 26 日（星期日）在公司会议室以现场结合通讯的 方式召开，与会的各位董事均已知悉与所议事项相关的必要信息。本次会议应参 会董事 9 人，实际出席会议董事 9 人。 本次会议由董事长袁秋丽女士主持，本次会议的召开符合《公司法》等有关 法律、法规、规章和《公司章程》的规定。 二、董事会会议审议情况 表决结果：9 票同意，0 票反对，0 票弃权。 本议案已经董事会审计委员会审议通过。 详细内容请见 2025 年 10 月 28 日登载于《中国证券报》《证券时报》和巨 潮资讯网（h ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥1,995,409,226.67, a decrease of 0.16% compared to the same period last year[5] - Net profit attributable to shareholders was ¥56,836,023.16, down 60.35% year-on-year, while the net profit excluding non-recurring items was ¥52,535,025.18, a decrease of 59.57%[5] - Total operating revenue for the period reached ¥5,765,257,210.02, an increase of 11.93% compared to ¥5,149,125,328.40 in the previous period[26] - Operating profit decreased to ¥384,686,836.02, down 30.96% from ¥557,193,728.93 in the previous period[27] - The total profit for the current period is approximately 370.07 million, a decrease of 33.5% compared to 556.76 million in the previous period[28] - The net profit attributable to shareholders of the parent company is approximately 316.05 million, down 29.5% from 447.68 million in the previous period[28] - The basic and diluted earnings per share are both 0.0870, a decrease from 0.1219 in the previous period[28] Cash Flow - The cash flow from operating activities showed a significant increase of 613.17%, reaching ¥477,838,064.33[5] - Cash flow from operating activities generated a net amount of approximately 477.84 million, significantly up from 67.00 million in the previous period[30] - Cash inflow from investment activities totaled approximately 1.83 billion, compared to 919.79 million in the previous period[30] - Cash outflow from investment activities was approximately 2.05 billion, an increase from 1.84 billion in the previous period[30] - The net cash flow from financing activities was negative 677.40 million, worsening from negative 114.35 million in the previous period[31] - The ending balance of cash and cash equivalents is approximately 6.60 billion, an increase from 6.21 billion in the previous period[31] - The company received cash from borrowings amounting to approximately 3.40 billion, an increase from 3.21 billion in the previous period[31] - The company’s cash flow from operating activities increased by 19.7% year-over-year, indicating improved operational efficiency[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥19,618,317,956.11, reflecting a 0.75% increase from the end of the previous year[5] - Current assets totaled ¥10,516,011,615.35, an increase of 2.56% from ¥10,254,636,522.89 at the beginning of the period[22] - Non-current assets decreased to ¥9,102,306,340.76, down 1.25% from ¥9,217,641,514.98 at the start of the period[23] - Total liabilities rose to ¥7,409,149,826.31, an increase of 0.62% from ¥7,363,228,357.59[23] - Total equity attributable to shareholders reached ¥12,068,990,150.80, a slight increase from ¥12,055,373,224.36[24] Shareholder Information - The total number of common shareholders at the end of the reporting period was 115,658[14] - The largest shareholder, Wang Zelong, holds 34.01% of the shares, totaling 1,294,745,230 shares[14] - The top ten shareholders hold a total of 1,294,745,230 shares, representing a significant concentration of ownership[15] - The company has a share buyback account holding 209,433,245 shares, which is 5.50% of the total share capital[15] - The company plans to repurchase shares with a total amount not less than RMB 300 million and not exceeding RMB 500 million, with a maximum repurchase price of RMB 6 per share[18] - As of September 30, 2025, the company has repurchased a total of 57,115,450 shares, accounting for 1.50% of the total share capital[19] - The maximum repurchase price was adjusted to RMB 5.98 per share following the completion of the 2024 annual equity distribution[19] Corporate Changes - The company has completed the deregistration of its wholly-owned subsidiary, Huairi Vanadium Mining Co., Ltd., to optimize resource allocation[16] - The company has changed its name from "CNNC Huayuan Titanium Dioxide Co., Ltd." to "Tinergy Chemical Co., Ltd." effective October 20, 2025[17] - The company has received approval for the name change from the Shenzhen Stock Exchange and completed the registration with the local market supervision authority[17] Expenses - The company experienced a 41.25% increase in selling expenses, totaling ¥50,370,610.91, primarily due to higher export costs and employee compensation[12] - The company reported a significant decrease in financial expenses by 33.16%, resulting in -¥51,876,701.97, mainly due to reduced interest income[12] - Total operating costs amounted to ¥5,438,682,367.73, up 16.65% from ¥4,661,088,670.27 in the prior period[26] - Inventory increased to ¥1,442,044,054.10, up 16.52% from ¥1,237,655,347.20 at the beginning of the period[22] - The weighted average return on equity was 0.47%, down 0.74% compared to the same period last year[5]

钛能化学公告，第三季度营收为19.95亿元，下降0.16%；净利润为5683.6万元，下降60.35%。前三季度 营收为57.65亿元，增长11.97%；净利润为3.16亿元，下降29.40%。 ...

Group 1 - The company name has been changed from "中核华原钛白股份有限公司" to "钛能化学股份有限公司" and the English name from "CNNC HUA YUAN TITANIUM DIOXIDE CO., LTD." to "Tinergy Chemical Co., Ltd." [2] - The company's stock abbreviation has changed from "中核钛白" to "钛能化学" and the English abbreviation from "CNNC TD" to "Ti Chem," effective from October 20, 2025 [2][6] - The company's stock code "002145" remains unchanged [2] Group 2 - The decision to change the company name and stock abbreviation was approved in meetings held on September 23, 2025, and October 13, 2025 [3] - The company has completed the registration of the name change with the Baiyin City Market Supervision Administration and has obtained a new business license [5] - The change aligns with the company's development strategy and brand building, matching its main business and future strategic planning [6] Group 3 - The company has added a new investor hotline number to enhance investor relations management, effective from October 20, 2025 [7] - The original investor hotline remains the same, while a new hotline number has been introduced [7]

Core Viewpoint - Multiple companies in the Shanghai and Shenzhen stock markets have announced significant developments, including investments in semiconductor manufacturing, clinical research advancements, and changes in corporate governance, which may present investment opportunities and insights for stakeholders [3]. Investment Announcements - Silan Microelectronics plans to invest 20 billion yuan to establish a 12-inch high-end analog integrated circuit chip manufacturing line, aiming for a production capacity of 54 million chips annually after completion [4]. - Xidilong intends to invest no more than 400 million yuan to purchase land use rights and build an innovation industrial base, adding chromatography and mass spectrometry production lines [8]. - Tianhe Magnetic Materials' subsidiary plans to invest 850 million yuan in high-performance rare earth permanent magnets and component manufacturing [9]. - New City plans to allocate 157 million yuan of remaining fundraising to a green energy and zero-carbon park planning project [10]. - Yanguang Nuohuo proposes to invest 15 million yuan to increase the registered capital of Yuanma Zhiyao, focusing on innovative CAR-T cell therapies [15]. Corporate Governance Changes - Xiling Information's controlling shareholder and general manager has had their detention lifted, allowing them to resume normal duties [5][6]. Regulatory Developments - Haizheng Pharmaceutical's Taizhou factory has had its GMP non-compliance status revoked by the EU, positively impacting its product sales in the EU market [7]. - Zhonghe Titanium White will change its stock name to "Titanium Energy Chemical" starting October 20, 2025, while retaining its stock code [14]. Performance Reports - China Life expects a net profit increase of approximately 50% to 70% for the first three quarters of 2025, estimating profits between 156.785 billion yuan and 177.689 billion yuan [20]. - Yangjie Technology reported a 52.4% increase in net profit for Q3 2025, driven by growth in the semiconductor sector [21]. - Xiangsheng Medical's Q3 net profit grew by 41.95%, despite a decline in revenue [22]. - Zhuhai Guanyu anticipates a net profit increase of 36.88% to 55.54% for the first three quarters of 2025 [23]. - Huiquan Beer reported a 23.7% increase in net profit for Q3 2025 [24]. - Darui Electronics' net profit grew by 26.84% in the first three quarters of 2025 [25]. - Xingwang Yuda turned a profit in Q3 2025, reporting a net profit of 38.3749 million yuan [27]. - Tongyou Technology reported a net profit of 27.6683 million yuan in Q3 2025, marking a turnaround from losses [28]. Shareholding Changes - Hongfuhan's shareholder, Hengmei International, plans to reduce its stake by up to 1.5% [30]. - Intelligent Control's controlling shareholder's associate plans to reduce its stake by up to 1% [31].