Core Viewpoint - Global chemical giants such as BASF, Dow, and Huntsman are simultaneously raising prices across multiple regions including Europe, Asia, and the Middle East [4][6]. Group 1: Price Increases - Major chemical companies are implementing price hikes in response to market conditions [4][6]. - The price increases are observed in various regions, indicating a coordinated strategy among these global players [4][6]. Group 2: Policy Changes - The Ministry of Finance and the State Taxation Administration announced that starting from April 1, 2026, the export tax rebate for certain products, including PVC and its variants, will be canceled [4][6]. - The affected products include primary forms of pure PVC powder, unplasticized PVC, and plasticized PVC [4][6]. Group 3: Market Performance - The chemical sector has seen a continuous rise, with several stocks hitting the daily limit up, including Meibang Technology, Xinxiang Chemical Fiber, and Jiangtian Chemical [6]. - Other companies such as Yida Co., and Deer Chemical have experienced gains exceeding 10% [6].

Core Viewpoint - The company, Qixiang Tengda (002408.SZ), is maintaining a stable operating rate above 90% for its production facilities, with key products experiencing a notable price recovery [1] Group 1: Production and Operations - The company's production facilities for key products such as acetone, propylene oxide, and rubber are operating at high load and stability [1] - The current operating rate of the company's facilities is consistently above 90% [1] Group 2: Market Opportunities - Recent price trends for core products have shown significant recovery, with price increases observed in main products like acetone, anhydride, propylene oxide, and rubber [1] - The company plans to seize market opportunities by leveraging its flexible production capabilities and optimizing product structure to maximize the release of profitable product capacity [1]

Group 1 - The core idea of the articles revolves around the implementation of the spirit of the 20th National Congress by Shandong Energy Qixiang Tengda, focusing on integrating political theory into practical operations within the company [1][2] - The company has established a three-level linkage mechanism ("Party Committee - Branch - Team") to ensure comprehensive coverage and transformation of the Congress spirit, incorporating it into the assessment of party building work responsibilities [1] - Qixiang Tengda has innovated learning methods by forming a lecture team of 26 core party instructors who deliver the Congress spirit in an accessible manner to employees, ensuring that the content is understandable and applicable [1] Group 2 - The company emphasizes the combination of learning and application of the Congress spirit with the goal of promoting high-quality development, particularly in safety production and efficiency improvement [2] - Activities such as "safety hazard reporting" and equipment upgrades are being implemented to enhance safety awareness and reliability [2] - Continuous learning and application of the Congress spirit is viewed as an ongoing process, with the company committed to sustaining its impact on operations and management practices [2]

Meeting Overview - The meeting was convened by the company's sixth board of directors [2] - The meeting took place on January 16, 2026, at 14:30 [2] - The location of the meeting was the conference room on the 18th floor, 206 Yangpo Road, Linzi District, Zibo City, Shandong Province [3] - The voting method combined on-site and online voting [4] - The meeting was presided over by the company's chairman, Mr. Li Qingwen [5] Attendance - A total of 399 shareholders and their proxies attended the meeting, representing 1,620,883,603 shares with voting rights, accounting for 57.4770% of the total voting shares [6] - Among them, 5 shareholders attended the on-site meeting, representing 1,587,527,481 shares (56.2942%), while 394 shareholders participated via online voting, representing 33,356,122 shares (1.1828%) [6] - 8 out of 9 current directors attended the meeting, along with the general manager and other executives [7] - Lawyers from Beijing Jindu Law Firm attended and provided a legal opinion [8] Resolutions Passed 1. The proposal to sign a supplementary financial service agreement with Shandong Energy Group Financial Co., Ltd. was approved, with 90,725,628 shares in favor (83.3340%) [9] 2. The proposal to change the accounting firm was approved, with 1,615,975,131 shares in favor (99.6972%) [12] 3. The proposal for the estimated daily related party transaction limit for 2026 was approved, with 104,123,348 shares in favor (95.6402%) [15] 4. The proposal to change the business scope and amend the company's articles of association was approved, with 1,594,973,358 shares in favor (98.4015%) [17] Legal Opinion - The legal opinion was provided by Beijing Jindu Law Firm, confirming that the meeting's convening and procedures complied with relevant laws and regulations [20]

北京市金杜律师事务所 关于淄博齐翔腾达化工股份有限公司 2026 年第一次临时股东会 之法律意见书 致：淄博齐翔腾达化工股份有限公司 北京市金杜律师事务所（以下简称本所）接受淄博齐翔腾达化工股份有限 公司（以下简称公司）委托，根据《中华人民共和国证券法》（以下简称《证券 法》）、《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委 员会《上市公司股东会规则》（以下简称《股东会规则》）等中华人民共和国境 内（以下简称中国境内，为本法律意见书之目的，不包括中国香港特别行政区、 中国澳门特别行政区和中国台湾省）现行有效的法律、行政法规、规章、规范 性文件和现行有效的《淄博齐翔腾达化工股份有限公司章程》（以下简称《公司 章程》）有关规定，指派律师出席了公司于 2026 年 1 月 16 日召开的 2026 年第 一次临时股东会（以下简称本次股东会），并就本次股东会相关事项出具本法律 意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限 于： 1. 经公司 2025 年第一次临时股东大会审议通过的《公司章程》； 2. 公司 2025 年 12 月 31 日刊登于《中国证券报》《证券时 ...

| 证券代码：002408 | 证券简称：齐翔腾达 | 公告编号：2026-002 | | --- | --- | --- | | 债券代码：128128 | 债券简称：齐翔转2 | | 淄博齐翔腾达化工股份有限公司 2026 年第一次临时股东会决议公告 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。 特别提示： 1、本次股东会未出现否决议案的情形。 2、本次股东会未涉及变更以往股东会已通过的决议。 一、会议的召开和出席情况 1、会议召集人:公司第六届董事会 2、本次股东会现场会议召开时间:2026 年 1 月 16 日下午 14:30； 通过深圳证券交易所互联网投票系统投票时间:2026年1月16日9:15-15:00 期间的任意时间； 通过深圳证券交易所交易系统进行网络投票时间:2026年1月16日上午 9:15-9:25，9:30—11:30，下午13:00—15:00。 3、会议地点：山东省淄博市临淄区杨坡路 206 号 18 楼会议室。 4、会议方式：采取现场投票与网络投票相结合的方式。 5、主持人：公司董事长李庆文先生。 6、本次会议的召集、召开程 ...

Market Overview - The refining and trading sector experienced a decline of 1.61% on January 16, with Taishan Petroleum leading the drop [1] - The Shanghai Composite Index closed at 4101.91, down 0.26%, while the Shenzhen Component Index closed at 14281.08, down 0.18% [1] Stock Performance - Notable gainers in the refining and trading sector included: - Heshun Petroleum (603353) with a closing price of 31.98, up 5.58% [1] - Bohai Chemical (600800) at 4.09, up 4.07% [1] - Baomo Co. (002476) at 7.42, up 3.34% [1] - Conversely, significant decliners included: - Taishan Petroleum (000554) at 6.84, down 3.39% [2] - Qixiang Tengda (002408) at 4.91, down 2.96% [2] - Tongkun Co. (601233) at 18.41, down 2.07% [2] Capital Flow - The refining and trading sector saw a net outflow of 226 million yuan from main funds, while speculative funds had a net inflow of 209 million yuan, and retail investors saw a net inflow of 17.16 million yuan [2] - Key stocks with significant capital flow included: - Baomo Co. (002476) with a main fund net inflow of 27.68 million yuan [3] - Guanghui Energy (600256) with a main fund net inflow of 25.49 million yuan [3] - Bohai Chemical (600800) with a main fund net inflow of 23.69 million yuan [3]

Group 1 - On January 7, 21 companies were investigated by institutions, with 19 of them being attended by funds, highlighting a strong interest in specific companies like Chaojie Co., Shunhao Co., and Dongfang Shenghong [1][2] - Chaojie Co. received the most attention, with 27 funds participating in its investigation, while Shunhao Co. and Dongfang Shenghong had 18 and 13 funds respectively [1][3] - The companies investigated belong to various sectors, with the electronics and machinery equipment industries having the highest representation, each with 3 companies [1] Group 2 - Among the companies investigated, 3 have a total market capitalization exceeding 500 billion yuan, with BOE Technology Group being one of them, while 8 companies have a market cap below 100 million yuan [1] - In terms of market performance, 14 out of the investigated stocks increased in value over the past 5 days, with the highest gains seen in Pulite, Shunhao Co., and Guanglian Aviation, which rose by 38.07%, 20.57%, and 13.49% respectively [1][2] - Conversely, 4 stocks experienced declines, with the largest drops recorded by Binglun Environment, Haixia Co., and Dongfang Shenghong, which fell by 11.15%, 10.70%, and 2.09% respectively [1]

Core Viewpoint - The company indicates that the overall industry is experiencing a phase of capacity digestion and cautious investment, leading to a slowdown in new and expansion project progress, with a focus on optimizing existing capacity and controlling capital expenditures [1] Group 1: Capital Expenditure Trends - Most companies are showing a contraction in capital expenditures, reflecting a cautious investment environment [1] - The company plans to maintain a prudent capital expenditure strategy through 2026, focusing on technological upgrades and the production of high value-added products [1] Group 2: Project Development - The company will steadily advance the construction progress of the Qilu Keli catalytic new materials project, which is expected to enhance its technical strength and market competitiveness in the fields of coal chemical and petroleum chemical catalysts [1] - The completion of this project will support the domestic substitution of catalyst products, reduce external procurement costs, and enhance the company's ability to control its supply chain [1] Group 3: Operational Focus - The company aims to lower overall production costs and improve equipment efficiency while strengthening flexible production capabilities and market responsiveness to adapt to structural changes in demand [1]

Core Viewpoint - The recent decline in crude oil prices has positively impacted the overall production costs for the company, particularly in terms of raw material procurement costs [1] Group 1: Impact of Crude Oil Prices - The decrease in crude oil prices has provided a certain benefit to the company's overall production costs [1] - Raw material procurement costs have been alleviated due to the falling oil prices [1] Group 2: Challenges Faced - There is a time lag in the transmission of crude oil price changes to chemical product prices, which has resulted in some pressure on product prices [1] - The recovery in terminal demand has been relatively mild, further putting pressure on product prices [1] Group 3: Strategic Responses - The company is actively leveraging the low oil price window to optimize inventory strategies [1] - There is a plan to moderately increase bulk procurement of economical raw materials [1] - The company is expanding overseas low-cost raw material procurement channels through its Singapore subsidiary, enhancing its resource allocation capabilities domestically and internationally [1] - This strategy aims to further solidify the company's integrated operational advantages [1]