Group 1 - The company Tianyuan Co., Ltd. announced on February 9 that its 24th meeting of the 9th board of directors was held via communication, where it reviewed the proposal regarding the potential cancellation of a subsidiary [1] - The article highlights the trend of young leaders, specifically mentioning a 26-year-old who recently returned from studying at a prestigious U.S. university and has taken on the roles of chairman and general manager, indicating a shift in leadership demographics within A-share companies [1]

宜宾天原集团股份有限公司 关于拟注销下属子公司的公告 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。 宜宾天原集团股份有限公司（以下简称"公司"）于 2026 年 2 月 9 日召开了第九届董事会第二十四次会议，审议通过了《关于拟注 销下属子公司的议案》，董事会同意注销下属子公司越南天祥新材料 科技有限公司（简称"越南天祥"）。董事会授权公司经营层全权办 理本次注销的全部事宜。 | 证券代码：002386 | 证券简称：天原股份 | | | 公告编号：2026-025 | | --- | --- | --- | --- | --- | | 债券代码:524174.SZ | 债券简称：25 | 天原 | K1 | | 本次注销事项无需提交股东会审议，本次注销事项不涉及关联交 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。 一、拟注销子公司基本情况 1、公司名称：越南天祥新材料科技有限公司 2、法定代表人：谢伟 3、成立日期：2023 年 7 月 25 日 4、注册资本：9,348,571.43 美元 5、企业代码：0202208579 6、所 ...

| 证券代码：002386 | 证券简称：天原股份 | | | 公告编号：2026-024 | | --- | --- | --- | --- | --- | | 债券代码:524174.SZ | 债券简称：25 | 天原 | K1 | | 宜宾天原集团股份有限公司 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 宜宾天原集团股份有限公司（以下简称"公司"）第九届董事会 第二十四次会议于 2026 年 2 月 9 日以通讯方式召开。本次会议应出 席董事 11 人，实际出席董事 11 人。 公司董事对提交本次会议的议案进行了认真审议，会议以记名投 票方式进行了表决，会议程序符合《公司法》及本公司章程的规定， 会议合法有效。 二、董事会会议审议情况 （一）审议通过《关于拟注销子公司的议案》 同意公司拟注销子公司越南天祥新材料科技有限公司。 详见在巨潮资讯网上披露的《关于拟注销子公司的公告》。 表决结果：同意 11 票；反对 0 票；弃权 0 票。 第九届董事会第二十四次会议决议公告 三、备查文件 第九届董事会第二十四次会议决议。 特此公告。 ...

Group 1 - The company Tianyuan Co., Ltd. (002386.SZ) announced the approval of the proposal to deregister its subsidiary, Vietnam Tianxiang New Materials Technology Co., Ltd. [1] - The board of directors has authorized the management team to handle all matters related to this deregistration [1]

Group 1 - The company Tianyuan Co., Ltd. (002386.SZ) announced the approval of the proposal to dissolve its subsidiary, Vietnam Tianxiang New Materials Technology Co., Ltd. [1] - The board of directors has authorized the management team to handle all matters related to this dissolution [1]

Investment Rating - The industry investment rating is maintained as "Positive" [5] Core Viewpoints - The chemical industry is experiencing a recovery opportunity across various sub-sectors, with specific recommendations for leading companies such as Wanhua Chemical (600309, Buy) in the MDI sector, and China Petroleum & Chemical Corporation (600028, Buy) in the refining sector [3][5] - The demand for oxalic acid is expected to rise, driven by investments in the iron-lithium supply chain, indicating a tightening supply-demand situation that may elevate market conditions [3][8] Summary by Relevant Sections Investment Suggestions and Targets - The report continues to favor recovery opportunities in the chemical sub-sectors, recommending leading companies such as: - MDI leader: Wanhua Chemical (600309, Buy) - PVC industry: Zhongtai Chemical (002092, Not Rated), Xinjiang Tianye (600075, Not Rated), Chlor-alkali Chemical (600618, Not Rated), Tianyuan Co., Ltd. (002386, Not Rated) - Refining sector: China Petroleum & Chemical Corporation (600028, Buy), Rongsheng Petrochemical (002493, Buy), Hengli Petrochemical (600346, Buy) - Agricultural chemical chain: Guoguang Co., Ltd. (002749, Buy), Xinyangfeng (000902, Buy), Shidanli (002588, Not Rated), Yuntu Holdings (002539, Not Rated), Runfeng Co., Ltd. (301035, Buy) - Phosphate chemical sector: Chuanheng Co., Ltd. (002895, Not Rated), Yuntianhua (600096, Not Rated) - Oxalic acid sector: Hualu Hengsheng (600426, Buy), Huayi Group (600623, Buy), Wankai New Materials (301216, Buy) [3] Market Dynamics - The chemical industry has seen increased attention, with a recovery in stock prices following a dip influenced by precious metals and crude oil futures. This indicates a shift away from previous narratives tied to external market influences [8] - The report highlights that the current chemical market rally is primarily driven by policy guidance and strategic adjustments within the industry, suggesting a return to a favorable economic cycle for the chemical sector [8]

宜宾天原集团股份有限公司（以下简称"公司"）于2025年8月26 日，第九届董事会第十七次会议，审议通过了《关于拟注销下属子公 司的议案》，同意注销下属子公司广东天瑞德新材料有限公司（简称 "天瑞德"）。 近日，公司收到佛山市顺德区市场监督管理局出具的《准予注销 登记通知书》，准予天瑞德注销登记。天瑞德注销完成后，不再纳入 公司合并财务报表范围且不会对公司的财务及经营状况产生重大影响， 也不存在损害公司及股东、特别是中小股东利益的情形。 特此公告。 证券代码：002386 证券简称：天原股份 公告编号：2026-023 债券代码：524174.SZ 债券简称：25 天原 K1 宜宾天原集团股份有限公司 关于子公司注销完成的公告 一、董事会会议召开情况 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。 二〇二六年二月六日 宜宾天原集团股份有限公司 董事会 ...

北京市天元（成都）律师事务所 关于宜宾天原集团股份有限公司 2026 年第一次临时股东会的法律意见 （2026）天（蓉）意字第 02 号 致：宜宾天原集团股份有限公司 宜宾天原集团股份有限公司（以下简称"公司"）2026 年第一次临时股东会 （以下简称"本次股东会"）采取现场投票与网络投票相结合的方式，现场会议于 2026 年 2 月 2 日（星期一）下午 14:00 在四川宜宾临港经济技术开发区港园路西段 61 号宜宾天原集团股份有限公司会议室召开。北京市天元（成都）律师事务所（以 下简称"本所"）接受公司聘任，指派本所律师参加本次股东会现场会议，并根据 《中华人民共和国公司法》《中华人民共和国证券法》（以下简称"《证券法》"） 《上市公司股东会规则》（以下简称"《股东会规则》"）以及《宜宾天原集团股 份有限公司章程》（以下简称"《公司章程》"）等有关规定，就本次股东会的召 集、召开程序、出席现场会议人员的资格、召集人资格、会议表决程序及表决结果 等事项出具本法律意见。 为出具本法律意见，本所律师审查了《宜宾天原集团股份有限公司第九届董 事会第二十次会议决议公告》《宜宾天原集团股份有限公司第九届董事会第二十 ...

证券代码：002386 证券简称：天原股份 公告编号：2026-022 债券代码:524174.SZ 债券简称：25 天原 K1 宜宾天原集团股份有限公司 2026 年第一次临时股东会决议的公告 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。 特别提示： 1、本次股东会无增加、否决或变更提案的情况。 2、本次股东会不涉及变更前次股东会决议。 4、召集人：公司董事会 5、股权登记日：2026 年 1 月 28 日 一、会议的召开情况 1、会议召开时间： （1）现场会议：2026 年 2 月 2 日（星期一）14:00 （2）网络投票：2026 年 2 月 2 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 2 日上午 9:15—9:25,9:30—11:30 和下午 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：2026 年 2 月 2 日 9:15-15:00 期间的任意时间。 2、现场会议召开地点：四川宜宾临港经济技术开发区港园路西 段 61 号公司会议室。 3、召开方式：现场投票和网络投票 ...

Investment Rating - The industry investment rating is maintained as "Positive" [5] Core Viewpoints - The agricultural chemical industry is entering a period of layout opportunities, driven by the increasing importance of food security amid geopolitical fluctuations. The focus is on enhancing planting efficiency through technological empowerment [8] - The report emphasizes the growth potential of leading companies in the agricultural chemical sector, particularly those focused on technology services, including plant growth regulators, compound fertilizers, and pesticide formulations [3][8] - The report highlights the recovery opportunities in various sub-sectors of the chemical industry, including MDI, PVC, and refining, with specific companies recommended for investment [3][8] Summary by Relevant Sections Agricultural Chemical Sector - The report identifies growth opportunities in the agricultural chemical sector, particularly for companies that provide technology-driven services. Key areas include: 1. Plant growth regulators, which are characterized by low usage, high effectiveness, and cost efficiency, are seen as essential for modern agriculture [8] 2. Compound fertilizers are crucial for providing precise nutrient ratios to crops, with room for growth in China's compound fertilizer application rates compared to developed countries [8] 3. The potential for Chinese pesticide formulation companies to expand internationally, breaking the monopoly of traditional multinational corporations [8] Chemical Industry Recovery - The report notes a positive outlook for the recovery of various chemical sub-sectors, including: - MDI leader Wanhua Chemical (600309, Buy) [3] - PVC industry players such as Zhongtai Chemical (002092, Not Rated) and Xinjiang Tianye (600075, Not Rated) [3] - Refining sector leaders like Sinopec (600028, Buy) and Rongsheng Petrochemical (002493, Buy) [3] - The report anticipates continued price increases for high-energy products, particularly in the PVC sector, due to supply constraints and structural demand shifts [8]