深圳市芭田生态工程股份有限公司 关于 2022 年股票期权与限制性股票激励计划部分限制性 股票回购注销完成的公告 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。 关于2022年股票期权与限制性股票激励计划部分限制性股票回购注销完成的公告 特别提示： 证券代码:002170 证券简称:芭田股份 公告编号:25-08 1、深圳市芭田生态工程股份有限公司（以下简称"公司"）以 2.80 元/股的回购价格对 2022 年股票期权与限制性股票激励计划（以下简称"本次激励计划"、"《激励计划》"）1 名已离职激励对象获授的 105,000 股限制性股票以及 8 名限制性股票激励对象因公司层面 考核原因致使已获授但在第二个解除限售期不得解除限售的 342,000 股限制性股票共计 447,000 股进行回购注销，约占回购注销前公司总股本的 0.046%，回购金额为 1,251,600 元，回购资金为公司自有资金。 2、公司已于 2025 年 4 月 3 日在中国证券登记结算有限责任公司深圳分公司办理完成 上述限制性股票的回购注销手续。本次回购注销完成后，公司总股本由 964 ...

Group 1: Aluminum Industry - The aluminum industry is experiencing a good destocking performance, but prices are under pressure due to tariffs and macroeconomic uncertainties [4][10]. - Domestic electrolytic aluminum production capacity has slightly increased, with average costs around 16,960 RMB/ton, down 103 RMB/ton week-on-week [5]. - Downstream aluminum processing enterprises are seeing a recovery in orders and operating rates, supported by demand from the photovoltaic sector and automotive aluminum [6]. Group 2: Power Industry - China Power reported a revenue of 54.21 billion RMB for 2024, a year-on-year increase of 22.5%, with a net profit of 3.86 billion RMB, up 25.2% [11][12]. - The company’s coal-fired power segment showed improved performance, while hydropower turned profitable due to favorable water conditions [13]. - The company plans to maintain a dividend payout ratio of 60% for the year [12]. Group 3: Beverage Industry - The food and beverage sector has seen a decline, with the beverage segment down 3.65% over the past two weeks, underperforming the Shanghai Composite Index [15]. - The liquor market is experiencing a seasonal downturn, with prices for premium brands like Moutai decreasing, indicating weaker demand [16]. - The overall performance of liquor companies varies, with some regional brands showing resilience amid macroeconomic pressures [17]. Group 4: Logistics Industry - SF Express reported a revenue of 15.746 billion RMB for 2024, a year-on-year increase of 27%, with a net profit of 132 million RMB, up 161.8% [21][22]. - The company’s last-mile delivery segment saw significant growth, particularly in county-level markets, with a 121% increase in revenue [24]. - The logistics sector is benefiting from network scale effects, leading to improved profit margins and cost reductions [25]. Group 5: Chemical Industry - The chemical sector is expected to enter a replenishment cycle in 2025, driven by low inventory levels and improving profitability [29]. - Phosphate rock supply remains tight, with companies like Baitian Co. expanding production capacity to meet growing demand [28]. - The industry is witnessing price increases for key products like urea and hexafluoropropylene, indicating a positive market sentiment [35].

深圳市芭田生态工程股份有限公司 关于公司实际控制人质押股份全部解除质押的公告 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。 深圳市芭田生态工程股份有限公司（以下简称"公司"）近日接到本公司实际控制 人黄培钊先生的通知，获悉其所持有本公司质押的股份已全部解除质押，具体事项如 下： | 股东名称 | 是否为控股 股东或第一 | 本次解除 质押股份 | 占其所持 | 占公司总 | | | 解除日 | | 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 大股东及其 | 数量 | 股份比例 | 股本比例 | 起始日 | | 期 | | | | | 一致行动人 | （股） | | | | | | | | | 黄培钊 | 是 | 72,960,000 | 30.66% | 7.57% | 2020 月 26 | 2025 3 月 | | 年 27 | 四川天府 | | | | | | | 年 | 5 | | | 银行股份 | | | | | | | | 日 | | | 有限公司 ...

Contract Awards - Gree Electric plans to increase its shareholding through Beijing Haihe Interconnection with an investment of between 1.05 billion to 2.1 billion yuan [1] - Topstrong plans to repurchase shares worth between 20 million to 35 million yuan [1] - Dongfang Zirconium's samples have received preliminary recognition from some solid-state battery material manufacturers for research and trial use [1] - Hongqi Chain is developing and innovating a robot unmanned vending system [1] - Jinyinhai recently entered into deep cooperation with Microvast in the solid-state battery field, with no significant impact on the company's performance in the short term [1] - Honghe Technology proposes a special cash dividend of 12.81 yuan per share [1] Shareholding Changes - Yueling Co.'s actual controller is set to change, and the stock will resume trading tomorrow [1] - Jiaozuo Wanfang's control is also set to change [1] - Yongji Co. plans to transfer part of its equity in Xiniu Wang Company [1] Operating Data - Aerospace Intelligent Manufacturing reported a net profit of 791 million yuan for 2024, an increase of 86.77% year-on-year [1] - Zhangyuan Tungsten reported a net profit of 177 million yuan for 2024, an increase of 23.25% year-on-year [1] - Guangdong Expressway A's net profit for 2024 decreased by 4.39% year-on-year, proposing a cash dividend of 5.23 yuan per share [1] - ST Hanma's heavy-duty truck sales in February reached 810 units, a year-on-year increase of 59.76% [1] - Jiangling Motors sold 21,600 vehicles in February, a year-on-year increase of 8.15% [1] - Dong'an Power's engine sales in February were 28,200 units, a year-on-year decrease of 5.16% [1] - Guangzhou Port's cargo throughput in February is expected to be 40.78 million tons, a year-on-year increase of 13.7% [1] - Far East Co.'s subsidiary won contracts worth over 19.09 billion yuan in February [1] - China Shipbuilding's subsidiary Jiangnan Shipyard signed a batch of dual-fuel container ship construction contracts worth approximately 18 billion to 19 billion yuan [1] - Tsinghua Unigroup signed a supply agreement for lithium battery cathode materials with SK On [1] - Fulongma is expected to win five sanitation service projects in February, with a total contract amount of 339 million yuan [1] - Terui De is expected to win a 194 million yuan new energy project [1] - Samsung Medical's wholly-owned subsidiary won a procurement project from Longyuan Power worth 115 million yuan [1] - Zhongcheng Co. is engaged in procurement business related to inverters and other equipment with related parties [1] Major Investments - Guodian Power is investing in the construction of the Dadu River Eagle Rock Level 1 Hydropower Station project [2] - Batian Co.'s subsidiary plans to invest in the expansion and upgrading of three related projects at the Xiaogaozhai Phosphate Mine [2] Other - Wancheng Group's chairman Wang Jiankun has been detained and is under investigation [2] - Yingjixin plans to acquire control of Huimang Micro, with trading suspended from tomorrow [2] - Hangyang Co. plans to issue convertible bonds not exceeding 1.63 billion yuan [2] - Solar Energy's subsidiary plans to purchase real estate for 367 million yuan [2] - GoerTek's subsidiary's H-share filing materials have been accepted by the China Securities Regulatory Commission [2] - Amway's "water-based solvent-free polyurethane composite material key technology" has been selected as one of the first batch of advanced applicable technologies by the Ministry of Industry and Information Technology [2] - Defang Nano's controlling subsidiary is increasing capital and introducing strategic investors [2] - Yuzhong Three Gorges A has terminated the sale of 10% equity in a small loan company [2] - Tianyu Co. received a warning letter from the FDA in the United States [2] - Haixing Power signed a strategic cooperation agreement with Kerun Zhikong to promote transformer products in overseas markets [2] - Bangjie Co.'s subsidiary Yangzhou Bangjie is temporarily suspending production for no more than three months [2] - Zhi Te New Materials signed a strategic cooperation agreement with Quantum Innovation Center and Microscopic Era [2] - Zhongjin Lingnan plans to raise no more than 1.5 billion yuan through a private placement to its controlling shareholder [2]

关于对外投资的公告 证券代码:002170 证券简称:芭田股份 公告编号:25-06 深圳市芭田生态工程股份有限公司 关于对外投资的公告 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、基本情况 为进一步拓展公司业务，公司全资子公司贵州芭田生态工程有限公司拟投资建设 以下项目：（1）小高寨磷矿二期建设项目；（2）小高寨磷矿物理选矿二期建设项目； （3）小高寨磷矿智慧矿山改造升级项目。（项目名称以最终项目备案为准）具体情况 如下。 本次投资新设公司的金额未达到公司最近一期经审计的总资产的 30%，亦未达到 最近一期经审计的净资产的 50%，在董事会的审批范围内，无需提交股东大会审议。 该项交易不构成关联交易，也不构成《上市公司重大资产重组管理办法》规定的重大 资产重组。 二、对外投资情况 投资主体：贵州芭田生态工程有限公司 统一社会信用代码：91522725598362304G 法定代表人：黄德明 注册资本：163,480.00 万元人民币 经营范围：法律、法规、国务院决定规定禁止的不得经营；法律、法规、国务院 决定规定应当许可（审批）的，经审批机关批准后凭 ...

深圳市芭田生态工程股份有限公司 关于未来三年（2024-2026 年）现金分红规划 关于未来三年（2024-2026年）现金分红规划 1 为提高股东回报，增强投资者信心，根据中国证监会《关于进一步落实上市公司 现金分红有关事项的通知》《上市公司监管指引第 3 号—上市公司现金分红》和《公司 章程》等相关规定，公司编制了《深圳市芭田生态工程股份有限公司未来三年 （2024-2026 年）现金分红规划》（以下简称"分红规划"），具体内容如下： 一、制定分红规划考虑的因素 公司制定的股东分红规划着眼于公司的长远和可持续发展，在综合分析公司经营 发展实际情况、股东要求和意愿、社会资金成本、外部融资环境等因素的基础上，公 司将优化分红节奏，合理提高分红比例。 二、未来三年（2024-2026 年）现金分红规划 在公司当年盈利且累计可供分配利润为正数的情况下，公司每年度至少进行一次 现金分红。公司 2024 年度至 2026 年度以现金方式累计分配的利润原则上不少于此三 年度累计实现可供分配利润总额的 60%。公司在符合现金分红条件的情况下，因特殊 原因（如发生重大投资计划或重大现金支出等）而不进行现金分红或现金分红比例 ...

深圳市芭田生态工程股份有限公司第八届监事会第十七次会议决议公告 证券代码:002170 证券简称:芭田股份 公告编号:25-05 表决结果：同意 3 票，反对 0 票，弃权 0 票。 深圳市芭田生态工程股份有限公司 第八届监事会第十七次会议决议公告 本公司及监事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误 导性陈述或者重大遗漏。 一、监事会会议召开情况 深圳市芭田生态工程股份有限公司（以下简称"公司"）第八届监事会第十七次会 议于 2025 年 3 月 3 日（星期一）在公司本部会议室 V1 以现场方式和通讯方式结合召 开。本次会议的通知于 2025 年 2 月 28 日以电子邮件、微信、电话等方式送达。本届 监事会共有 3 名监事，应参加会议的监事 3 名，实际参加会议的监事 3 名。本次会议 的召开程序符合《公司法》《证券法》及《公司章程》等有关法律法规的规定。 二、监事会会议审议情况 （一）审议通过了《关于未来三年（2024-2026 年）现金分红规划的议案》。 具体内容详见 2025 年 3 月 3 日《巨潮资讯网》(www.cninfo.com.cn)。 三、备查文件 （一）第八届监事 ...

深圳市芭田生态工程股份有限公司第八届董事会第十七次会议决议公告 证券代码:002170 证券简称:芭田股份 公告编号:25-04 深圳市芭田生态工程股份有限公司 第八届董事会第十七次会议决议公告 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 深圳市芭田生态工程股份有限公司（以下简称"公司"）第八届董事会第十七次会 议于 2025 年 3 月 3 日（星期一）在公司本部 V1 会议室以现场方式与通讯方式结合召 开。本次会议的通知于 2025 年 2 月 28 日以电子邮件、电话、微信等方式送达。本次 会议由董事长黄培钊先生主持，应出席会议的董事 9 名，实际出席会议的董事 9 名， 公司全体监事、高级管理人员列席了会议。本次会议的召开程序符合《公司法》《证券 法》及《公司章程》等有关法律法规的规定。 二、董事会会议审议情况 （一）审议通过了《关于小高寨磷矿二期建设项目的议案》； 公司拟进行小高寨磷矿二期建设项目，选址为小高寨磷矿矿区范围，具体为矿区 五、六、七采区，+750～+550 标高，位于矿区北面。二期建设规模 90 万吨/年，建 ...

Investment Rating - The report assigns an "Outperform" rating to multiple companies in the agrochemical sector, including Wanhu Chemical, Baofeng Energy, Yanhai Co., and others, while some companies like SRF and Junzheng Group are rated as "Neutral" [1]. Core Insights - Stimulus policies in both China and India are expected to benefit agricultural development, with China focusing on enhancing the supply of important agricultural products and India increasing its agricultural budget [4][24]. - Fertilizer prices in China have been rising, with significant increases noted for urea, monoammonium phosphate (MAP), potassium chloride (MOP), and compound fertilizers [5][10][11][12]. - India's horticultural crop output is projected to reach a record high of 362.09 million tons in the 2024-2025 crop year, surpassing food crop production [28]. Summary by Sections 1. China Agrochemical Sector - The 2025 Central No. 1 Document emphasizes enhancing grain supply security and promoting rural revitalization [4]. - Recent price increases for major fertilizers in China include urea at 1,844.65 yuan/ton, MAP at 3,250 yuan/ton, MOP at 3,308.33 yuan/ton, and compound fertilizers at 3,000 yuan/ton [5][10][11][12]. 2. India Agrochemical Sector - The Indian government has increased the agricultural budget for 2025-2026 to 1.27 trillion rupees, up from 1.22 trillion rupees, aiming to launch new initiatives for long-term agricultural benefits [24][41]. - The output of economic crops in India is expected to reach a record 362.09 million tons, with significant growth anticipated in the production of tomatoes, onions, and potatoes [28]. 3. Technological Advancements - AI is being utilized in agriculture for soil testing, precision irrigation, and crop yield estimation, enhancing agricultural productivity [6][21][23]. - The Indian government plans to digitize crop surveys by 2025-2026, improving data accuracy and farmer support [33].

关于全资子公司取得小高寨磷矿《安全生产许可证》的公告 证券代码:002170 证券简称:芭田股份 公告编号:25-03 单位地址：贵州省黔南州瓮安县工业园区 经济类型：有限责任公司 编号：黔 FM 安许证字〔2025〕0199 号 深圳市芭田生态工程股份有限公司 关于全资子公司取得 小高寨磷矿《安全生产许可证》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。 2025 年 2 月 10 日，深圳市芭田生态工程股份有限公司（以下简称"公司"）全资 子公司贵州芭田生态工程有限公司（简称"贵州芭田"）收到了由贵州省应急管理厅下 发的小高寨磷矿《安全生产许可证》，现将有关情况公告如下： 一、《安全生产许可证》主要内容 企业名称：贵州芭田生态工程有限公司 主要负责人：覃文武 关于全资子公司取得小高寨磷矿《安全生产许可证》的公告 化产业布局，拓展了磷化工一体化战略，极大提高了从磷矿、磷精矿、高纯磷酸（盐） 的磷化工新能源电池材料的产业链价值，有利于进一步增强公司竞争力，对公司的发 展具有积极意义。 许可范围：磷矿地下开采（200 万吨/年，一期工程+930m— +7 ...