杭氧集团股份有限公司 | | | 转债代码：127064 转债简称：杭氧转债 关于召开2025年第三次临时股东会的通知公告 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、会议召开的基本情况 （二）会议召集人：公司董事会 （三）会议召开的合法、合规性：公司第八届董事会第三十次会议审议通过 了《关于召开2025年第三次临时股东会的议案》，本次会议的召集和召开符合《公 司法》及《公司章程》的有关规定，合法有效。 （四）会议召开时间： 1、现场会议时间：2025年10月10日（星期五）下午14：30； 2、网络投票时间：2025年10月10日 其中，通过深交所交易系统进行网络投票的具体时间为：2025年10月10日上 午9:15-9:25，9:30-11:30 和下午13:00-15:00；通过深交所互联网投票系统 （http://wltp.cninfo.com.cn）投票的具体时间为：2025年10月10日上午9：15至下午 15：00期间的任意时间。 （一）股东会届次：2025年第三次临时股东会 （五）会议召开方式：本次股东会采取现场投票和网络投票相结合的方 ...

证券代码：002430 证券简称：杭氧股份 公告编号：2025-086 债券代码：127064 债券简称：杭氧转债 杭氧集团股份有限公司 第八届董事会第三十次会议决议公告 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。 杭氧集团股份有限公司（以下简称"公司"或"本公司"）于2025年9月24日以通讯 方式召开了第八届董事会第三十次会议，本次会议的通知及会议资料于2025年9月19 日以传真、电子邮件等方式送达各位董事。会议由公司董事长郑伟先生主持，应参 加会议的董事8名，实际参加会议的董事8名。本次会议的召集和召开符合《公司法》 及《公司章程》的有关规定，合法有效。 会议审议了列入议程的议案。按照《公司章程》的规定，与会董事以书面表决 方式对以下议案进行了表决，通过了以下决议： 一、审议通过了《关于董事辞职暨选举非独立董事的议案》；并同意提交 2025 年第三次临时股东会审议。 二、审议通过了《关于修订<独立董事工作制度>的议案》；并同意提交 2025 年 第三次临时股东会审议。 同意公司根据《中华人民共和国公司法》《上市公司章程指引（2025年修订）》 《深 ...

Core Viewpoint - The company, Hangzhou Oxygen Plant Co., Ltd. (002430), has approved a guarantee for a loan application by its wholly-owned subsidiary, Wanda Gas, amounting to no more than 15 million yuan, which represents 0.1632% of the company's latest audited net assets [1] Group 1 - The board of directors has agreed to provide a guarantee for Wanda Gas's loan application to Hangzhou Bank [1] - The total approved external guarantee amount for the company and its subsidiaries has reached 208.066 million yuan, accounting for 22.63% of the company's net assets [1] - Wanda Gas, established in 2004, is primarily engaged in gas-related businesses and is not a dishonest executor [1] Group 2 - The guarantee agreement is pending signature, and the board believes that the associated risks are controllable and in the company's interest, ensuring no harm to shareholder rights [1]

每经AI快讯，有投资者在投资者互动平台提问：请问公司到今年9月份新增多少立方米已投产的制氧 量？ （文章来源：每日经济新闻） 杭氧股份（002430.SZ）9月23日在投资者互动平台表示，截至目前，公司已有约40万立方米项目陆续投 产。 ...

Group 1 - The high-pressure oxygen chamber concept declined by 1.90% as of the market close on September 22, ranking among the top declines in concept sectors, with companies like Hangzhou Oxygen, Innovative Medical, and China Railway Construction showing significant drops [1] - The high-pressure oxygen chamber sector experienced a net outflow of 238 million yuan from main funds today, with seven stocks seeing net outflows, and five stocks exceeding 10 million yuan in outflows. Innovative Medical led with a net outflow of 126 million yuan, followed by China Railway Construction and Hangzhou Oxygen [2] - The top stocks with net outflows in the high-pressure oxygen chamber sector included Innovative Medical (-4.18%), China Railway Construction (-2.36%), and Hangzhou Oxygen (-4.56%), with respective main fund outflows of 126.14 million yuan, 53.78 million yuan, and 21.64 million yuan [2] Group 2 - The concept sectors with the highest gains today included Tonghuashun Fruit Index (+5.17%), AI Mobile Phones (+4.06%), and Smart Speakers (+3.43%), while the high-pressure oxygen chamber sector was among the top decliners [2] - The main fund inflows were observed in stocks like Jinling Pharmaceutical, Weiao Co., and Dahu Co., with inflows of 2.58 million yuan, 1.16 million yuan, and 0.95 million yuan respectively [2]

Group 1 - Luoyang Hangyang Longze Hydrogen Energy Co., Ltd. has been established with a registered capital of 15 million yuan [1][2] - The company is involved in mechanical equipment leasing, technical services, technology development, consulting, exchange, transfer, and promotion, as well as information technology consulting services [1][2] - The company is located in the Advanced Manufacturing Development Zone, Yuzhou County, Luoyang City, Henan Province [2] Group 2 - The major shareholders include Hangyang Group Co., Ltd. holding 51%, Luoyang Longze Energy Co., Ltd. holding 39%, and Shanghai Hydrogen Maple Energy Technology Co., Ltd. holding 10% [3] - Hangyang Group Co., Ltd. is identified as a state-owned enterprise and the largest shareholder [3]

Group 1 - The chemical sector experienced fluctuations on September 17, with the chemical ETF (516020) initially weakening but later rising by 0.27% at the time of reporting [1] - Key stocks in the sector included Jinfa Technology, which surged over 9%, and Guangdong Hongda, which rose over 5% [1] - The chemical ETF (516020) has seen significant capital inflow, accumulating over 8.1 billion yuan in the last 10 trading days and over 17 billion yuan in the last 20 trading days [2] Group 2 - The pesticide industry is experiencing a reduction in inventory, with some products starting to increase in price, indicating a potential recovery in the sector [3] - As of the last closing, the chemical ETF (516020) had a price-to-book ratio of 2.27, which is at a low point historically, suggesting a favorable long-term investment opportunity [3] - The basic chemical industry showed a turning point in fixed asset growth in Q4 2023, with a year-on-year increase in fixed assets reported for Q2 2025 [4] Group 3 - The chemical ETF (516020) tracks the CSI segmented chemical industry index, covering various sub-sectors and concentrating nearly 50% of its holdings in large-cap stocks [5] - Investors can also access the chemical sector through the chemical ETF linked funds (A class 012537/C class 012538) for better investment efficiency [5]

Group 1 - The report highlights the impact of the "Federal Reserve independence shock" on the U.S. economy, emphasizing direct and indirect interference with the Fed's operations [3] - It suggests that the traditional economic tools to suppress inflation may be compromised, potentially leading to a "re-inflation" scenario in the U.S. economy [3] - The report indicates that the dollar's status as a reserve currency and the credibility of U.S. institutions may be affected, with commodity markets, especially precious metals, likely benefiting from global investment diversification trends [3] Group 2 - The report discusses the August inflation data, noting a negative CPI of -0.4% and a narrowing PPI decline of -2.9%, indicating a divergence in inflation trends [5][25] - It points out that the core CPI has shown resilience, with a continuous increase over four months, reflecting a mild recovery in domestic demand [5][25] - The report emphasizes that the negative inflation implies a passive rise in real interest rates, which may prompt the central bank to lower financing costs for the real economy [5][25] Group 3 - The report on Hangzhou Oxygen Plant (杭氧股份) indicates a steady performance in H1 2025, with revenue of 73.27 billion and a net profit of 4.79 billion, reflecting a year-on-year growth of 8.92% and 9.61% respectively [19][40] - It highlights the industrial gas segment's revenue growth of 14% and a gross margin of 21.18%, suggesting a potential bottom reversal in the industrial gas market [19][41] - The equipment segment shows promising results, with a significant increase in orders for petrochemical equipment, indicating successful overseas expansion [19][42] Group 4 - The report on Youyou Green Energy (优优绿能) emphasizes the company's focus on high-power charging modules, projecting revenues of 13.5 billion, 16.2 billion, and 19.5 billion for 2025-2027, with a net profit forecast of 2.0 billion, 3.0 billion, and 4.1 billion respectively [11][35] - It notes the strong overseas market performance, with a gross margin of 50.2% for international sales, significantly higher than domestic margins [11][33] - The report highlights the company's commitment to R&D, with a focus on product innovation and a high R&D expense ratio compared to sales and management costs [11][34] Group 5 - The report on Longxin General (隆鑫通用) indicates a robust performance in H1 2025, with revenue of 97.52 billion and a net profit of 10.74 billion, marking a year-on-year increase of 27.21% and 82.26% respectively [12][36] - It highlights the successful overseas expansion of the "Wuji" brand, with significant growth in sales and a strong marketing presence across various platforms [12][37] - The report projects an upward revision of profit forecasts for 2025-2027, estimating net profits of 19.06 billion, 23.07 billion, and 27.13 billion, reflecting the company's strong growth trajectory [12][39]

Group 1 - The core viewpoint of the report indicates that Hangyang Co., Ltd. achieved a net profit attributable to shareholders of 479 million yuan in the first half of the year, representing a year-on-year increase of 9.61% [1] - In Q2, the company reported a net profit attributable to shareholders of 253 million yuan, which is an increase of 8.55% year-on-year and 11.95% quarter-on-quarter [1] - The industrial gas sector is steadily improving and is expected to experience a bottom reversal [1] Group 2 - The petrochemical engineering division has successfully expanded its business, securing a 1 million tons/year ethylene cold box project in the overseas market [1] - The company has also undertaken the first domestically designed internal compression process CO deep cooling separation device project, breaking foreign technology monopolies and effectively filling a technical gap in the industry [1] - Due to slight adjustments in macroeconomic expectations, the profit forecast for 2025-2027 has been slightly revised, with projected net profits of 1.097 billion, 1.322 billion, and 1.539 billion yuan respectively [1] Group 3 - The previous profit forecasts for 2025-2027 were 1.113 billion, 1.342 billion, and 1.588 billion yuan [1] - The report maintains a "buy" rating for the company [1]

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected relative return of over 20% within the next six months [6][17]. Core Views - The company has shown steady performance in Q2 2025, with revenue reaching 3.763 billion yuan, a year-on-year increase of 9.95%, and a net profit of 253 million yuan, up 8.55% year-on-year [2]. - The industrial gas segment is expected to experience a bottom reversal, with revenue from this segment in H1 2025 at 4.59 billion yuan, a 14% increase year-on-year, and a gross margin of 21.18%, up 2.76 percentage points [3]. - The equipment segment, particularly in petrochemical equipment, has performed well, with revenue from petrochemical equipment increasing by 50.28% year-on-year [4]. Financial Performance Summary - In H1 2025, the company achieved revenue of 7.327 billion yuan, a year-on-year increase of 8.92%, and a net profit attributable to shareholders of 479 million yuan, up 9.61% year-on-year [1]. - The gross margin for H1 2025 was 20.73%, with a net profit margin of 6.54% [1]. - The company’s operating expenses ratio decreased to 10.07%, down 1.36 percentage points year-on-year, indicating improved cost management [1]. Segment Performance Summary - The gas business is on an upward trajectory, with significant advancements in digitalization and customer engagement, including a notable increase in helium sales [3]. - The equipment business has secured multiple key projects, including a record-setting air separation project in Ningxia and a breakthrough in overseas markets with a large air separation project in Africa [4].