Company Overview - Shandong Sanwei Chemical Group Co., Ltd. is a technology-driven chemical group engaged in R&D, engineering services, catalyst production, and basic chemical raw material sales [2][3] - The company is a leading domestic producer of n-propanol, butanol residue recovery, and n-pentanol sales [3] Engineering Business Performance - In the first half of 2025, the company signed new engineering consulting and EPC contracts worth approximately ¥637.45 million [4] - As of June 30, 2025, the total amount of signed but uncompleted engineering contracts was ¥1.629 billion [4][5] - Major ongoing projects include sulfur recovery installations and technology transformation projects for various clients [4][5] Coal Chemical Projects - The company has undertaken several coal chemical projects, including sulfur recovery installations and catalyst procurement for major energy groups [6][7] - New projects since 2025 include a 2 billion cubic meters/year coal-to-natural gas project and various sulfur recovery technology services [7][8] Chemical Business Model - The chemical business operates on a flexible production model, adjusting production based on market demand and raw material prices [8][9] - The company has a complete "aldehyde-alcohol-acid-ester" industrial chain, allowing for flexible production adjustments [9] Future Development Plans - The company is advancing projects to enhance the production of cellulose derivatives and high-quality octanoic acid, targeting an additional capacity of 50,000 tons/year [10] - Plans include integrating R&D resources to promote green and high-end product development [10] Shareholder Returns - The company plans to distribute a cash dividend of ¥1.00 per 10 shares, totaling ¥64.89 million, based on the total share capital of 648,862,630 shares as of June 30, 2025 [12] - Cumulative cash dividends since 2010 amount to ¥1.225 billion, reflecting the company's commitment to shareholder returns [12] Financial Position - The company maintains a strong cash reserve and low debt ratio, positioning itself for potential expansion opportunities [13][14] - Plans to enhance production efficiency and explore high-value downstream chemical products are in place [14]

本次拟减持事项符合王文旭先生此前作出的相关承诺。在公司2020年重大资产重组实施期间，王文旭先 生曾承诺在特定期间不减持股份。此外，根据相关法规及公司章程规定，其在担任公司高级管理人员期 间每年转让的股份不超过其所持有股份总数的25%；离职后半年内，不得转让其所持有的公司股份。公 司重大资产重组事项已于2020年度实施完毕，截至公告披露日，王文旭先生严格遵守了上述承诺或规 定，不存在违反情形。 风险提示 王文旭先生将根据市场情况、公司股价情况等决定是否实施本次股份减持计划，实际减持数量、减持价 格及减持时间存在不确定性。不过，本次减持计划不存在违反相关法规规定的情况，且不会导致公司控 制权发生变化，不会对公司治理结构及未来持续经营产生影响。公司也将持续关注本次股份减持计划的 进展情况，并督促其按照相关规定进行股份减持并及时履行信息披露义务，提醒投资者注意投资风险。 声明：市场有风险，投资需谨慎。 本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资建议。受限于第三方数据库质量等问题，我们无法对数据的真 ...

三维化学公告，公司副总裁、财务总监王文旭持有股份48.26万股，占公司总股本0.0744%，因个人资金 需求，计划自公告披露之日起15个交易日后的3个月内，即2025年10月16日至2026年1月15日，通过集中 竞价交易方式减持不超过12.07万股，占公司总股本0.0186%，窗口期内不得减持。 ...

证券代码：002469 证券简称：三维化学 公告编号：2025-031 山东三维化学集团股份有限公司 关于高级管理人员减持股份的预披露公告 本公司高级管理人员王文旭先生保证向本公司提供的信息内容真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 特别提示： 持有本公司股份 482,625 股（占本公司总股本比例 0.0744%）的本公司高 级管理人员王文旭先生计划自本公告披露之日起 15 个交易日后的 3 个月内 （2025 年 10 月 16 日至 2026 年 1 月 15 日，窗口期内不得减持）以集中竞价交 易方式减持其持有的本公司股份不超过 120,656 股（占本公司总股本的比例不 超过 0.0186%）。 山东三维化学集团股份有限公司（以下简称"公司"）于近日收到公司高级管 理人员王文旭先生发来的《股份减持计划告知函》，现将有关情况公告如下： 一、股东的基本情况 截止本公告日，本次计划减持的股东持股情况如下： | 股东姓名 | 职务 | 持有股份总数（股） | 占公司总股本的比例 | | --- | --- | --- | ...

Investment Rating - The report maintains a "Buy" rating for key companies in the construction and chemical sectors, particularly focusing on those benefiting from infrastructure development in Xinjiang and coal chemical projects [10][21]. Core Insights - The year 2025 marks the 70th anniversary of the Xinjiang Uyghur Autonomous Region, with expectations for increased central government support and policies that could significantly boost the performance and valuation of companies in the region [1][2][10]. - Key investment opportunities are identified in two main areas: transportation infrastructure and coal chemical projects, with specific recommendations for companies such as China Communications Construction, North New Road Bridge, and China Chemical [2][10][21]. - The report highlights the potential for substantial investment in coal chemical projects in Xinjiang, estimating annual investments of approximately 997 billion, 2077 billion, and 2326 billion from 2025 to 2027 [2][21]. Summary by Sections Transportation Infrastructure - The report emphasizes the importance of enhancing transportation infrastructure in Xinjiang, with ongoing railway projects and expected progress on the China-Kyrgyzstan-Uzbekistan railway, which has a total investment of 8 billion USD [2][21]. - Recommended companies benefiting from this sector include Xinjiang Communications Construction, North New Road Bridge, and major players in cement and steel production [1][2][10]. Coal Chemical Projects - The report notes that Xinjiang has significant potential for coal chemical development, with over 800 billion in investments planned for ongoing and proposed projects by mid-2025 [2][21]. - Key companies in this sector include China Chemical, Donghua Technology, and Sanwei Chemical, which are expected to benefit from the acceleration of project launches and the rising demand for green methanol [2][10][21]. Valuation Reassessment - The report suggests that companies rich in mineral resources, such as China Metallurgical Group and China Railway Group, are due for a valuation reassessment due to rising prices of gold and copper amid a recovering economy [7][30]. - China Metallurgical Group's estimated value is 732 billion, with a potential upside of 64%, while China Railway Group's estimated value is 1490 billion, with a potential upside of 69% [7][30]. High Dividend Recommendations - The report highlights Sichuan Road and Bridge as a high-dividend stock, projecting a dividend yield of 6.4% for 2025, benefiting from the strategic importance of Sichuan in national infrastructure plans [8][10][21]. - Other companies recommended for their high dividend yields include China Construction and China Railway Group, with respective yields of 5% and 4.6% [6][10].

Core Viewpoint - The company announced a cash dividend distribution plan for the first half of 2025, indicating a commitment to returning value to shareholders [2] Summary by Category Dividend Announcement - The company will distribute a cash dividend of RMB 1.00 per 10 shares (including tax) for the first half of 2025 [2] - The record date for the dividend is set for September 18, 2025, and the ex-dividend date is September 19, 2025 [2]

证券代码：002469 证券简称：三维化学 公告编号：2025-030 山东三维化学集团股份有限公司 3、本次利润分配方案披露至实施期间公司股本总额未发生变化。 4、本次实施的分配方案在股东大会决议授权董事会的范围内，且与董事会 审议通过的分配方案一致。 5、本次实施分配方案距离公司董事会审议通过的时间未超过两个月。 二、本次实施的利润分配方案 2025年半年度权益分派实施公告 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。 山东三维化学集团股份有限公司（以下简称"公司"或"本公司"）2025 年半年 度利润分配方案已获 2025 年 4 月 17 日召开的 2024 年度股东大会授权，并经 第六届董事会 2025 年第三次会议审议通过，现将权益分派事宜公告如下： 一、股东大会审议通过利润分配方案的情况 1、公司于 2025 年 4 月 17 日召开的 2024 年度股东大会审议通过了《关于 授权董事会制定 2025 年中期分红方案的议案》，同意授权董事会在符合 2025 年 中期分红条件及金额上限（现金分红金额不超过相应期间归属于上市公司股东的 净利润）的情 ...

Group 1 - The company held its first extraordinary general meeting of shareholders in 2025 on September 9, with both on-site and online voting options available [3][4][5] - A total of 255 shareholders attended the meeting, representing 228,546,039 shares, which is 35.2226% of the total voting shares [5][6] - The meeting was legally convened and complied with relevant laws and regulations, ensuring the validity of the proceedings [4][41] Group 2 - The following proposals were reviewed and approved during the meeting: amendments to the Articles of Association, rules for shareholder meetings, board meeting rules, independent director work system, external guarantee management measures, related party transaction management measures, fundraising management system, external investment management system, financial assistance management system, and prevention of controlling shareholders and related party fund occupation system [7][10][13][17][19][23][26][29][32][36][41] - The proposal to amend the Articles of Association received 98.2447% approval from the voting shareholders [7][9] - The proposal regarding the remuneration and performance assessment management system for directors and senior management received 99.7229% approval [36][40] Group 3 - The company announced the resignation of non-independent director Zhao Fei due to internal work adjustments, and he will continue to hold other positions within the company [45][46] - Zhao Fei was subsequently elected as a representative director by the employees during a meeting held on September 9, 2025 [46][47] - The election of the employee representative director complies with legal and regulatory requirements [47]

Group 1 - The company announced that its first extraordinary general meeting of shareholders for 2025 will be held on September 9, 2025 [2] - The meeting will review and approve the proposal regarding the revision and formulation of certain governance systems of the company [2]

Core Viewpoint - The company, Sanwei Chemical, announced the election of Mr. Zhao Fei as the employee representative director of its sixth board of directors [1] Group 1 - Sanwei Chemical released an announcement on the evening of September 9 [1] - Mr. Zhao Fei has been elected as the employee representative director [1]