每经AI快讯，有投资者在投资者互动平台提问：公司是否持有沐曦集成电路（上海）股份有限公司的 原始股？如持有请问原始投资成本多少？ （文章来源：每日经济新闻） 闰土股份（002440.SZ）9月28日在投资者互动平台表示，公司合计持有100%份额的闰土锦恒（嘉兴） 投资合伙企业（有限合伙）（下称"闰土锦恒"）作为无锡同创致芯创业投资合伙企业（有限合伙）（下 称"同创致芯"）的LP，闰土锦恒出资2.2亿元人民币，持有同创致芯44%的份额。 根据沐曦集成电路 （上海）股份有限公司（下称"沐曦股份"）在上海证券交易所网站上公开披露的《招股说明书》，同创 致芯出资1亿元人民币，持有沐曦股份首次公开发行前股份170.85万股，占沐曦股份首次公开发行前总 股本的0.47%。 ...

Group 1 - RunTu Co., Ltd. (SZ 002440) announced a research meeting scheduled for September 26, 2025, where the company's Vice General Manager and Board Secretary will participate in answering investor questions [1] - For the first half of 2025, RunTu's revenue composition shows that specialized chemicals account for 92.52% of total revenue, while other businesses contribute 7.48% [1]

Group 1: Industry Overview - China is the world's largest producer, trader, and consumer of dyes, accounting for approximately 70% of global dye production [1] - Major dye production regions in China include Zhejiang, Jiangsu, and Shandong provinces, with a high industry concentration [1] - The dye industry is characterized by intense competition, with increasing production capacity both domestically and internationally [2] Group 2: Company Performance - In the first half of 2025, the company achieved a revenue of ¥2,705,856,948.69, a year-on-year increase of 0.65% [2] - Operating profit for the same period was ¥205,192,579.49, reflecting a growth of 8.78% year-on-year [2] - Net profit attributable to shareholders reached ¥149,705,477.62, marking a significant increase of 43.15% year-on-year [2] Group 3: Sales and Market Dynamics - The company's export revenue in the first half of 2025 was ¥226,333,644.43, accounting for 8.36% of total revenue, with a year-on-year growth of 32.99% [2] - The effective domestic production capacity for H acid is currently below 60,000 tons, resulting in a market supply gap of over 10% [2] - H acid prices have historically exceeded ¥100,000 per ton, but current market prices are around ¥40,000 per ton [2] Group 4: Strategic Initiatives - The company is implementing a "backward integration" strategy to extend its industrial chain, achieving significant results in the layout of key intermediates [2] - The dye production system has been established to include a complete industrial chain from thermal power, steam, chlorine, and caustic soda to intermediates and dyes [2]

Core Points - The Shanghai Composite Index is at 3845.11 points, slightly down by 0.21%, with a total trading volume of 105.23 billion yuan [1] - A total of 90 A-shares have surpassed their annual line, with notable stocks showing significant deviation rates [1] Group 1: Stock Performance - The top three stocks with the highest deviation rates from the annual line are: - Yicheng New Energy (300080) with a deviation rate of 15.23% and a daily increase of 20.10% [1] - Hefei Urban Construction (002208) with a deviation rate of 8.99% and a daily increase of 10.06% [1] - Hailun Zhe (300201) with a deviation rate of 8.49% and a daily increase of 11.11% [1] Group 2: Trading Metrics - The trading metrics for the top three stocks are as follows: - Yicheng New Energy: Latest price at 4.90 yuan, turnover rate of 1.56% [1] - Hefei Urban Construction: Latest price at 7.77 yuan, turnover rate of 5.45% [1] - Hailun Zhe: Latest price at 5.70 yuan, turnover rate of 11.31% [1] Group 3: Additional Stocks - Other notable stocks with significant performance include: - Qiule Seed Industry (831087) with a deviation rate of 5.65% and a daily increase of 6.78% [1] - Jinshi Resources (603505) with a deviation rate of 5.50% and a daily increase of 5.93% [1] - Tiandi Source (600665) with a deviation rate of 3.53% and a daily increase of 6.82% [1]

证券日报网讯闰土股份（002440）9月24日在互动平台回答投资者提问时表示，未来，公司将继续坚持 稳健经营的策略，不断提升公司的内在价值，同时进一步加强市值管理工作，努力实现公司价值与股东 利益的协同发展。 ...

Investment Rating - The report maintains a "Positive" rating for the chemical industry [6][12]. Core Insights - The macroeconomic judgment indicates that non-OPEC countries are expected to lead an increase in oil production, with a significant overall supply growth anticipated. Global GDP growth is projected to remain at 2.8%, with stable oil demand, although the growth rate may slow due to tariff policies [6][7]. - The expectation of a Federal Reserve interest rate cut is likely to boost demand during the peak season of September and October. Additionally, the leakage incident of GFL R32 in India may enhance China's export opportunities [6][12]. - The report highlights the ongoing investigation into anti-dumping practices against imported semiconductor chips from the U.S., which may benefit domestic semiconductor materials [6][12]. Summary by Sections Macroeconomic Analysis - Oil supply is expected to increase significantly, driven by non-OPEC production, while demand remains stable despite potential slowdowns due to tariffs. Geopolitical factors, including U.S.-China tariff relief and the Russia-Ukraine situation, are influencing oil prices [6][7]. - Coal prices are anticipated to stabilize at a low level, and natural gas export facilities in the U.S. may accelerate, leading to lower import costs [6][7]. Chemical Sector Configuration - The report suggests a strategic focus on four areas: textile and apparel chain, agricultural chemicals, export chain, and sectors benefiting from "de-involution" policies. Specific companies are recommended for investment based on their market positions and growth potential [6][12]. Key Material Focus - Emphasis is placed on the importance of self-sufficiency in key materials, particularly in semiconductor and panel materials, with specific companies highlighted for their potential in these sectors [6][12]. Price Trends - Recent data indicates fluctuations in various chemical prices, with PTA prices down by 0.3% and MEG down by 2.0%. The report notes that the overall industrial product PPI has shown a year-on-year decline of 2.9% [12][13][16]. Company Valuations - A detailed valuation table is provided, showcasing various companies in the agricultural chemicals and chemical sectors, with ratings ranging from "Buy" to "Increase" based on their market performance and projected earnings [20].

Core Viewpoint - Zhejiang Runtou Co., Ltd. has successfully implemented its 2025 employee stock ownership plan, including the non-trading transfer of shares and the establishment of a dedicated securities account for the plan [1][2][5]. Group 1: Employee Stock Ownership Plan Implementation - The company held its seventh board meeting on July 1, 2025, and approved the employee stock ownership plan, which includes the management methods and authorization for the board to handle related matters [1]. - On August 8, 2025, the company completed the non-trading transfer of 11,356,250 shares as part of the employee stock ownership plan [2]. - The stock source for the first reserved grant of the employee stock ownership plan is from the company's repurchased shares, with a maximum of 15 million shares available for non-trading transfer [2]. Group 2: Share Repurchase Details - The company approved a share repurchase plan on April 28, 2024, intending to use its own funds to repurchase public shares for employee stock ownership [3]. - As of April 25, 2025, the company had repurchased 30,000,016 shares, accounting for 2.669% of the total share capital, with a total transaction amount of approximately 177.92 million yuan [3]. Group 3: Account and Participation Details - The dedicated securities account for the employee stock ownership plan has been established, with 18 employees participating and a total of 5,460,000 shares subscribed [4]. - The actual number of shares transferred to the employee stock ownership plan account was 1,300,000 shares, with a transfer price of 4.20 yuan per share [5]. Group 4: Lock-up and Release Conditions - The employee stock ownership plan has a duration of 60 months, with shares unlocking in three batches based on performance metrics and assessments [5]. Group 5: Related Party Transactions - The plan includes company directors and senior management, who will abstain from voting on related proposals to avoid conflicts of interest [6]. Group 6: Accounting Treatment - The company will follow relevant accounting standards for the employee stock ownership plan, ensuring that the impact on financial results is assessed through annual audits [7]. Group 7: Ongoing Disclosure - The company commits to timely information disclosure regarding the progress of the employee stock ownership plan in accordance with legal regulations [8].

（文章来源：证券日报） 证券日报网讯 9月12日晚间，闰土股份发布关于2025年员工持股计划预留授予部分（第一次）非交易过 户完成的公告称，截至本公告披露日，公司已在中国证券登记结算有限责任公司深圳分公司完成本期员 工持股计划证券专用账户的开户手续，证券账户名称为"浙江闰土股份有限公司—2025年员工持股计 划"。 ...

证券代码：002440 证券简称：闰土股份 公告编号：2025-037 浙江闰土股份有限公司 1 回购的公司股票。 关于 2025 年员工持股计划预留授予部分（第一次） 非交易过户完成的公告 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。 浙江闰土股份有限公司（以下简称"公司"）于 2025 年 7 月 1 日召开了第 七届董事会第九次会议，并于 2025 年 7 月 18 日召开公司 2025 年第一次临时股 东会，审议通过了《关于<公司 2025 年员工持股计划（草案）>及其摘要的议案》 《关于<公司 2025 年员工持股计划管理办法>的议案》《关于提请公司股东会授 权董事会办理公司 2025 年员工持股计划相关事宜的议案》等相关议案，具体内 容 详 见 公 司 于 2025 年 7 月 2 日 、 2025 年 7 月 19 日 在 巨 潮 资 讯 网 （www.cninfo.com.cn）上披露的相关公告。 2025 年 8 月 8 日，公司办理完成 2025 年员工持股计划首次受让股份 11,356,250 股的非交易过户手续；2025 年 8 月 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for the stock over the next six months [11]. Core Insights - The company reported a revenue of 2.706 billion yuan for the first half of 2025, a year-on-year increase of 0.65%, with a gross margin of 19.55%, up by 2.54 percentage points [1]. - The second quarter of 2025 saw a revenue of 1.427 billion yuan, a year-on-year decrease of 0.7% but a quarter-on-quarter increase of 11.67%, with a gross margin of 20.85%, reflecting a year-on-year increase of 3.86 percentage points [1][2]. - The company is a leading player in the domestic dye industry, with significant production capacities for disperse and reactive dyes, maintaining a strong market share [2]. - The implementation of a backward integration strategy aims to enhance the supply chain, reduce production costs, and mitigate the impact of price fluctuations in dye intermediates [2]. - The company has launched an employee stock ownership plan to incentivize management and improve operational efficiency, with performance targets set for net profit growth over the next three years [3]. Financial Summary - The projected revenues for 2025, 2026, and 2027 are 5.954 billion yuan, 6.064 billion yuan, and 6.317 billion yuan, respectively, with corresponding net profits of 286 million yuan, 322 million yuan, and 377 million yuan [4][12]. - The company expects a net profit growth rate of 34.1% in 2025, 12.6% in 2026, and 16.8% in 2027 [4][12]. - The earnings per share (EPS) are forecasted to be 0.25 yuan in 2025, 0.29 yuan in 2026, and 0.34 yuan in 2027 [4][12]. Market Data - As of August 29, 2025, the closing price of the stock was 7.37 yuan, with a market capitalization of approximately 8.284 billion yuan [5]. - The stock has a 12-month price range of 5.43 to 8.20 yuan, indicating potential volatility [5]. Research Team - The report was prepared by analysts with extensive backgrounds in finance and chemical industry research, ensuring a comprehensive analysis of the company's performance and market position [14].