证券代码：002221 证券简称：东华能源 公告编号：2025-045 东华能源股份有限公司 关于召开 2025 年第四次临时股东大会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 根据《公司法》与《公司章程》的有关规定，经公司第六届董事会第五十七 次会议审议通过，提请召开 2025 年第四次临时股东大会，有关事项刊登于 2025 年 7 月 16 日的《证券时报》与巨潮资讯网 www.cninfo.com.cn。本次会议采取 现场投票与网络投票相结合的方式。现将本次会议的相关事项公告如下： 一、召开会议的基本情况 1、股东大会届次：东华能源股份有限公司2025年第四次临时股东大会。 4、召开的日期、时间： 现场会议时间：2025 年 8 月 1 日下午 14:30—16:00。 网络投票时间：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8月1日上午9:15-9:25，9:30-11:30，下午13:00-15:00；通过深圳证券交 易所互联网投票系统投票的具体时间为：2025年8月1日上午9:15至下午15:00期 间的任意时间。 ...

第六届董事会第五十七次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 东华能源股份有限公司（以下简称"公司"或"东华能源"）第六届董事会 第五十七次会议通知已于 2025 年 7 月 4 日以通讯方式或直接送达方式送达全体 董事。本次董事会于 2025 年 7 月 15 日在公司会议室以现场结合通讯的方式召开， 应到会的董事 7 人，实际到会 7 人。会议由董事长周一峰主持，达到法定人数， 公司监事与高管人员列席会议，会议符合相关法规，经审议表决通过以下议案： 一、《关于选举第七届董事会非独立董事的议案》 鉴于公司第六届董事会成员任期至 2025 年 7 月 15 日届满，为顺利完成董事 会的换届，根据《公司法》与《公司章程》相关规定，经公司董事会提名委员会 资格审查，公司董事会同意提名周一峰女士、邵晓先生、方涛先生为公司第七届 董事会非独立董事的候选人。与会董事对第七届非独立董事候选人进行了逐项表 决，具体情况如下： 证券代码：002221 证券简称：东华能源 公告编号：2025-042 东华能源股份有限公司 1.1 选举周一峰女士为非独立董事 ...

Investment Rating - The report maintains a "Buy" rating for Chanhen (002895 CH), Yuntianhua (600096 CH), and NHU (002001 CH), while Skshu (603737 CH) and Yuhong (002271 CH) are rated "Hold" [3][4][8]. Core Insights - The phosphate sector is experiencing strong performance, with companies like NHU expecting a profit increase of 50-70% in 1H25, driven by resilient agricultural demand and rising prices [3]. - Chanhen and Yuntianhua are highlighted as top picks due to their earnings momentum and robust dividend profiles, with expected earnings growth of over 40% year-on-year for Chanhen in 2Q and around 10% for Yuntianhua [3][8]. - The report notes potential catalysts for growth, including rising fertilizer export prices and elevated phosphate rock prices during the peak planting season [3]. Summary by Sections Phosphate Sector - Phosphate companies are expected to lead the sector, with Chanhen and Yuntianhua showing strong earnings growth and dividend yields exceeding 6% in 2025 [3][8]. - NHU's profit guidance indicates overall sector strength, with a projected increase of 50-70% [3]. Building Materials - Skshu has issued positive profit guidance for 2Q, projecting earnings growth of 69-118% year-on-year, but the report maintains a "Hold" rating due to the growth being largely priced in [4]. - Yuhong is expected to face ongoing weakness in earnings due to challenges in new housing and engineering construction [4]. Commodity Chemicals - Satellite Chemical is facing headwinds with expected earnings declines due to turbulence in ethane/propane imports and operational risks [5]. - Wanhua and LB Group are also under pressure from anti-dumping duties affecting their core products, leading to a negative outlook for their 2Q earnings [5].

Group 1 - The launch of propylene futures and options on July 22 aims to enhance the chemical derivatives chain and provide effective inventory hedging tools for upstream and downstream enterprises in the propylene industry [1][2] - The introduction of propylene futures and options is expected to improve market liquidity and support sustainable development for upstream and downstream companies [2][3] - The propylene futures market will fill a critical gap in the "LPG-propylene-polypropylene" chain and create a pricing benchmark for "Chinese propylene," enhancing international trade pricing power [3] Group 2 - The propylene industry has been facing supply-demand imbalances and high price volatility, making the introduction of futures and options beneficial for stable operations and high-quality industry development [3] - Companies can utilize futures and options to lock in procurement or sales prices, effectively mitigating risks associated with spot market fluctuations [2][3] - The new product launch presents both challenges and opportunities for futures companies to expand their services to the real economy [2][3]

Group 1 - The core viewpoint of the articles highlights that Donghua Energy's stock closed at 9.44 yuan, down 1.56%, with a rolling PE ratio of 33.76 times and a total market capitalization of 14.879 billion yuan [1] - The average PE ratio for the oil industry is 13.09 times, with a median of 29.19 times, placing Donghua Energy at the 15th position within the industry [1] - As of the first quarter of 2025, 11 institutions hold shares in Donghua Energy, with a total holding of 714.8721 million shares valued at 6.827 billion yuan [1] Group 2 - Donghua Energy's main business is in the chemical industry, specifically producing polypropylene, and it must comply with the disclosure requirements of the Shenzhen Stock Exchange [1] - The latest financial results for the first quarter of 2025 show that the company achieved an operating revenue of 7.980 billion yuan, a year-on-year increase of 12.18%, while net profit was 52.585 million yuan, reflecting a year-on-year decrease of 5.68%, with a sales gross margin of 4.72% [1] - The PE ratios for Donghua Energy are 33.76 (TTM) and 33.52 (static), with a price-to-book ratio of 1.34 [2]

Group 1 - The launch of propylene futures and options on July 22, 2025, marks a significant development in the domestic futures market, providing essential risk management tools for upstream and downstream enterprises in the propylene industry [1][2] - The first batch of propylene futures contracts includes PL2601 to PL2607, with a trading unit of 20 tons per contract and a minimum price fluctuation of 1 yuan per ton [1] - The introduction of propylene futures and options is expected to enhance the price discovery function and improve market liquidity, supporting the sustainable development of the industry [2][3] Group 2 - Major players in the propylene industry, such as Sinopec and Donghua Energy, view the launch as a means to fill the gap in risk management and to lock in procurement or sales prices, mitigating risks from market volatility [2][3] - The listing of propylene futures is anticipated to strengthen China's international pricing influence and provide effective risk management tools for domestic companies engaged in international trade [4] - Industry experts believe that the introduction of these financial instruments will inject new momentum into the healthy development of the propylene industry chain, enhancing its resilience and facilitating industry transformation [4]

Group 1 - The core viewpoint of the announcement is that Donghua Energy's controlling shareholder, Donghua Petroleum, and its concerted actors plan to increase their shareholding in the company to enhance investor confidence and stabilize the stock price [1][2] - The shareholding increase plan is set to commence on April 9, 2025, and will last for six months, with a target to acquire between 1.9% and 2% of the company's total share capital [1] - The plan does not specify a fixed price range for the share purchase, allowing for flexibility in execution [1] Group 2 - As of the date of the announcement, the shareholding increase plan is more than halfway through its timeline, but no shares have been purchased yet due to unspecified trading arrangements [2] - Donghua Petroleum and its concerted actors are committed to completing the shareholding increase within the designated timeframe [2] - The company will continue to monitor and disclose relevant information regarding the shareholding increase in compliance with regulatory requirements [2]

东华能源股份有限公司 关于控股股东及其一致行动人增持公司股份计划实施进展暨增 持时间过半的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、增持计划的基本情况 东华能源股份有限公司（以下简称"公司"）控股股东东华石油（长江）有 限公司（以下简称"东华石油"）及其一致行动人基于对公司未来发展的信心以 及公司价值的认可，同时为提升投资者信心，稳定公司股价，维护中小股东利益， 计划自 2025 年 4 月 9 日起 6 个月内，通过集中竞价等深圳证券交易所允许的方 式增持公司股份，拟增持股份比例不低于公司总股本的 1.9%，且不超过公司总 股本的 2%。本次增持计划不设置固定价格区间，择机实施增持计划。 本次增持计划的具体内容详见公司于 2025 年 4 月 9 日在巨潮资讯网上披露 的《关于控股股东及其一致行动人增持股份计划的公告》（公告编号：2025-020）。 证券代码：002221 证券简称：东华能源 公告编号：2025-041 二、增持计划的进展情况 截至本公告披露日，本次增持计划的时间过半，东华石油和其一致行动人由 于具体交易安排未确定，尚未增持 ...

Group 1 - The core viewpoint of the articles highlights Donghua Energy's current market performance, with a closing price of 9.6 yuan and a PE ratio of 34.33, significantly higher than the industry average of 12.84 [1][2] - Donghua Energy's total market capitalization is reported at 15.131 billion yuan, ranking 15th in the oil industry based on PE ratios [1][2] - As of March 31, 2025, the number of shareholders for Donghua Energy has increased to 27,166, with an average holding value of 352,800 yuan per shareholder [1] Group 2 - The latest quarterly report for Donghua Energy shows a revenue of 7.980 billion yuan, reflecting a year-on-year increase of 12.18%, while net profit decreased by 5.68% to 52.585 million yuan [1] - The company's main product is polypropylene, and it is required to comply with the disclosure requirements of the chemical industry as per the Shenzhen Stock Exchange regulations [1] - The average PE ratio for the oil industry is 12.84, with a median of 29.51, indicating that Donghua Energy's valuation is above the industry average [2]

东华能源股份有限公司 股东会议事规则 （2025年7月修订） 第一章 总则 第一条 为了进一步规范东华能源股份有限公司（以下简称"公司"）股东 会的议事方式和决策程序，提高股东会规范运作和科学决策水平，根据《中华 人民共和国公司法》（以下简称《公司法》）《中华人民共和国证券法》《上市公 司章程指引》《上市公司治理准则》《上市公司独立董事管理办法》《深圳证券交易 所股票上市规则》（以下简称《上市规则》）、《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》以及《东华能源股份有限公司章程》 （以下简称"公司章程"）等有关规定，制定本规则。 第二条 公司股东会的召集、提案、通知、召开等事项适用本规则。 第三条 公司应当严格按照法律、行政法规、本规则及公司章程的相关规定 召开股东会，保证股东能够依法行使权利。 公司董事会应当切实履行职责，认真、按时组织股东会。公司全体董事应 当勤勉尽责，确保股东会正常召开和依法行使职权。 第四条 股东会应当在《公司法》和公司章程规定的范围内行使职权。 第五条 股东会分为年度股东会和临时股东会。年度股东会每年召开一次， 应当于上一会计年度完结之后的六个月之内举行。临时 ...