经济观察网华昌化工（002274）近期发布业绩预告，预计2025年全年归母净利润亏损1.80亿元至2.10亿 元，主要受联碱生产线资产组计提减值约1.53亿元及行业产品价格大幅下滑影响。 化工行业近期面临产品价格波动和供需格局挑战，公司盈利状况与产品价格高度相关。公司表示正跟进 市场动态并采取应对措施，新项目投产或产能利用率提升可能逐步改善业绩，但需关注宏观政策及成本 变动风险。 以上内容基于公开资料整理，不构成投资建议。 公司预计2025年扣非净利润亏损2.00亿元至2.30亿元。业绩变动主要系固定资产减值及行业产品价格大 幅下滑所致。 行业政策与环境 业绩经营情况 ...

Group 1 - The company Huachang Chemical announced a fixed asset impairment provision of approximately 153 million yuan, which is expected to reduce the net profit attributable to shareholders by about 115 million yuan for the fiscal year 2025 [1] - The impairment will also correspondingly decrease the total assets and equity attributable to shareholders as of December 31, 2025, along with other balance sheet items [1] - The specific financial data will be confirmed in the audited financial report for the fiscal year 2025 [1] Group 2 - The investigation into the "Jie Wo Rui" redemption crisis on the Shuibei Gold platform revealed a 40-fold leverage bet, indicating that the platform incurs losses as gold prices rise [1] - The platform's owner claims to still be in Shenzhen, while investors express dissatisfaction with the proposed redemption plan, which offers only 20% of the principal [1]

每经头条（nbdtoutiao）——水贝黄金平台"杰我睿"兑付危机调查：40倍杠杆对赌，金价越涨平台越 亏！老板自称"还在深圳"，投资者：兑付方案本金打两折，无法接受 每经AI快讯，华昌化工1月29日晚间发布公告称，公司第八届第四次董事会会议于2026年1月29日以通 讯方式召开。会议审议了《关于计提固定资产减值准备的议案》等文件。 （记者 王瀚黎） ...

证券代码：002274 证券简称：华昌化工 公告编号：2026-002 江苏华昌化工股份有限公司 关于计提固定资产减值准备的公告 一、本次计提固定资产减值准备情况概述 根据《企业会计准则》、《深圳证券交易所股票上市规则》等相关规定，江苏华昌化 工股份有限公司（以下简称"公司"或"本公司"）于 2025 年度资产负债表日（2025 年 12 月 31 日）对各类资产是否存在减值迹象进行了判断，在此基础上进行减值测试；通 过减值测试，确认本公司固定资产--联碱生产线资产组,存在较大金额资产减值。减值测 试结果为：联碱生产线资产组账面原值 60,280.01 万元，累计折旧 41,877.83 万元，账 面净值 18,402.18 万元；公允价值减去处置费用后的净额为 3,093.36 万元，需提取固定 资产减值准备 15,308.82 万元。 本次减值测试，本公司聘请江苏中企华中天资产评估有限公司提供了专业支持，该 中介机构出具了《江苏华昌化工股份有限公司拟进行固定资产减值测试涉及的联碱生产 线资产组可收回金额资产评估报告》（苏中资评报字(2026)第 19001 号）。 2026 年 1 月 29 日，公司第八 ...

特此公告。 江苏华昌化工股份有限公司董事会 2026 年 1 月 29 日 江苏华昌化工股份有限公司（以下简称"公司"或"华昌化工"）第八届董事会第 四次会议通知于 2026 年 1 月 21 日以通讯方式发出，会议于 2026 年 1 月 29 日以通讯方 式召开。本次会议应出席董事九人，以通讯表决方式出席会议九人；会议召开符合《公 司法》及《公司章程》的规定，会议合法有效。会议由公司董事长胡波先生召集并主持， 与会董事经审议并以投票表决的方式形成了如下决议： 一、审议并通过了《关于计提固定资产减值准备的议案》 表决结果：赞成9票，反对0票，弃权0票。 具体内容详见《证券时报》、《中国证券报》及巨潮资讯网（www.cninfo.com.cn） 上披露的《关于计提固定资产减值准备的公告》。 证券代码：002274 证券简称：华昌化工 公告编号：2026-001 江苏华昌化工股份有限公司 第八届董事会第四次会议决议公告 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。 ...

Core Viewpoint - Huachang Chemical is expected to report a net loss of 180 million to 210 million yuan for the year 2025, with a net loss excluding non-recurring gains and losses projected between 200 million and 230 million yuan [1] Group 1: Financial Performance - The company anticipates a significant impairment of fixed assets, specifically for the soda ash production line, leading to a provision for impairment of approximately 153.09 million yuan, which will reduce the net profit attributable to shareholders by about 114.82 million yuan for 2025 [1] - Even after accounting for the fixed asset impairment, the company's operating performance is still expected to decline, primarily due to a substantial decrease in product prices within the industry [1]

Group 1 - The company, Huachang Chemical, expects a net profit loss of 180 million to 210 million yuan for the fiscal year 2025, representing a decline of 134.52% to 140.28% compared to the same period last year [1] - The primary reason for this anticipated loss is the significant decline in product prices within the industry [1]

Core Viewpoint - Huachang Chemical announced an expected net profit loss attributable to shareholders of 180-210 million yuan for the full year of 2025, representing a year-on-year decline of 134.52%-140.28% [1] Financial Performance - The company anticipates a non-recurring net profit loss of 200-230 million yuan, reflecting a year-on-year decrease of 141.65%-147.90% [1] - The significant performance decline is attributed to the recognition of substantial asset impairment in the linear alkylbenzene production line, with fixed asset impairment provisions of approximately 153 million yuan, reducing net profit by about 115 million yuan [1] - Even after excluding the impairment factors, the operating performance still declined, leading to losses due to a sharp drop in industry product prices [1]

Financial Performance Forecast - The company expects a net loss attributable to shareholders of approximately 18,000 million yuan for the year 2025, a decrease of 134.52% compared to the previous year's profit of 52,137.21 million yuan [3]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of 20,000 million yuan, down 141.65% from the previous year's profit of 48,017.73 million yuan [3]. - Basic earnings per share are expected to be in the range of -0.1890 to -0.2205 yuan, compared to a profit of 0.5475 yuan per share in the previous year [3]. Asset Impairment - A significant impairment of fixed assets amounting to approximately 15,308.82 million yuan has been recognized, which will reduce the net profit attributable to shareholders by about 11,481.62 million yuan [5]. Market Conditions - The decline in performance is primarily attributed to a substantial decrease in product prices within the industry [5]. Audit and Investor Advisory - The financial data presented in the earnings forecast has not been audited by the accounting firm, but there are no significant discrepancies between the company and the auditors regarding the earnings forecast [4]. - The company advises investors to make cautious decisions and be aware of investment risks, as the earnings forecast is based on preliminary calculations [6].

Price Trends - The latest price of isooctanol as of January 28 is 7700.00 CNY per ton, reflecting a significant increase over various time frames: 6.70% over the last 5 days, 9.48% over the last 10 days, 9.74% over the last 15 days, 11.86% over the last 30 days, and 17.26% over the last 60 days [2][4] Related Producers - Key producers in the isooctanol market include: - Luxi Chemical (000830) - Chengzhi Co., Ltd. (000990) - Huachang Chemical (002274) - Zhengdan Co., Ltd. (300641) - Hualu Hengsheng (600426) - China Petroleum (601857) - Jianye Co., Ltd. (603948) [2][4]