Core Viewpoint - Yuntu Holdings has established a strategic cooperation consensus with China Agricultural University to enhance soil health and promote collaborative development in industry and academia [1] Group 1: Strategic Collaboration - The meeting held on January 9 at Yuntu Holdings' headquarters in Chengdu focused on key areas such as center co-construction, technological innovation, industry empowerment, and school-enterprise collaboration [1] - Both parties discussed the importance of soil conservation and its role in empowering agricultural practices [1] Group 2: Future Directions - The collaboration aims to foster synergies between research and practical applications in the field of soil health [1] - The strategic partnership is expected to drive advancements in agricultural sustainability and innovation [1]

成都云图控股股份有限公司（以下简称"云图控股"）近期接待了机构调研。据公司投资者关系活动记录 表显示，此次调研为特定对象调研，吸引了国投证券、东北证券、华泰资管、友安众晟资产、亘曦资产 等5家机构参与。公司董事会秘书陈银女士负责接待，调研活动分别于2026年1月7日下午13:30-15:00及1 月9日上午11:00-12:00在云图控股会议室以现场形式举行。 磷复肥主业稳健：近800万吨产能支撑，2024年营收114.30亿元 调研中，机构重点关注了公司磷复肥业务的经营情况及产能布局。陈银介绍，依托"资源+产业链"战 略，公司磷复肥主业持续夯实，目前产能已近800万吨。2024年，公司磷复肥销量达417.97万吨，实现 营收114.30亿元。在产能布局上，公司秉持"靠近资源、靠近市场"原则，已构建起辐射全国、高效协同 的产能网络，现有生产基地涵盖湖北等地，规模优势将进一步增强整体盈利能力。 应城基地产业链协同深化：70万吨合成氨项目推进，150万吨精制盐试生产 关于应城基地产业链情况，陈银表示，该基地依托自有2.5亿吨储量的盐矿资源，已形成完整的"盐—碱 —肥"产业链，上游掌控氯化铵、硝酸铵等氮肥原料，下游 ...

Group 1: Phosphate Fertilizer Business - The company has a phosphate fertilizer production capacity of nearly 8 million tons, with projected sales of 4.1797 million tons and revenue of 11.43 billion yuan in 2024 [2][3] - The company is constructing an additional 1.9 million tons of phosphate fertilizer capacity across four locations, enhancing its national production layout [3] Group 2: Industry Chain and Project Progress - The company’s Yicheng base has a complete "salt-alkali-fertilizer" industry chain, with a focus on a 700,000-ton ammonia synthesis project and associated production lines for water-soluble fertilizers and controlled-release fertilizers [4][6] - The company owns three phosphate mines in Sichuan with a total resource reserve of approximately 549 million tons, with ongoing projects including a 2.9 million-ton mining operation and a 4 million-ton mining operation [5] Group 3: Green Circular Economy Projects - The Yicheng base's green circular economy project is progressing, with a 600,000-ton sulfuric acid production project already in operation and other projects for phosphorus-based flame retardants and food-grade phosphoric acid under development [6][7] - The company aims to enhance its product offerings towards high-value sectors, improving profitability and long-term competitiveness [6] Group 4: Phosphoric Acid and Sulfuric Acid Production - The company has established a phosphoric acid business with a production capacity of 100,000 tons, primarily serving the lithium iron phosphate manufacturers in the new energy sector [7] - Current sulfuric acid production capacity is 295,000 tons, with a focus on self-use and downstream applications in phosphate fertilizer and new energy materials [7]

（文章来源：证券日报） 证券日报网讯 1月8日，云图控股发布公告称，公司2026年第一次临时股东会审议通过《关于2026年向 银行等金融机构申请授信额度的议案》等多项议案。 ...

Investment Rating - The report maintains an "Outperform" rating for the agricultural chemical industry [5][9]. Core Views - The potassium fertilizer supply and demand are tightly balanced, with international prices rising. China, being the largest consumer, has a high import dependency exceeding 60%. The domestic production of potassium chloride is expected to decrease by 2.7% in 2024, while imports are projected to reach a historical high of 12.633 million tons, a year-on-year increase of 9.1% [1][24]. - The long-term price of phosphate rock is expected to remain high due to declining grades and increasing extraction costs, coupled with growing demand from new applications like lithium iron phosphate [2][50]. - The price of glyphosate has shown volatility, with a significant increase during the South American planting season, followed by a decline due to high North American inventories [4][49]. Summary by Sections Potassium Fertilizer - The global potassium fertilizer market is characterized by a supply-demand imbalance, with prices expected to recover due to resource scarcity and geopolitical factors affecting supply chains [1][44]. - Domestic potassium chloride prices have shown an upward trend, with the average price at 3,282 RMB/ton by the end of December, reflecting a year-on-year increase of 30.45% [1][40]. Phosphate Chemicals - The phosphate rock market is experiencing tight supply conditions, with prices for 30% grade phosphate rock remaining high at around 1,040 RMB/ton in Hubei and 970 RMB/ton in Yunnan [2][50]. - The production capacity of lithium iron phosphate is projected to grow significantly, with a year-on-year increase of 48.59% expected in 2025 [2][51]. Pesticides - The glyphosate market is expected to see price improvements in 2026, following a period of price fluctuations influenced by seasonal demand and inventory levels [4][49]. - The report highlights several key companies in the pesticide sector, including Yangnong Chemical and Lier Chemical, which are positioned to benefit from rising prices and demand [8][49]. Investment Recommendations - Key recommendations include focusing on companies with strong potassium and phosphate resources, such as Yara International and Yun Tianhua, which are expected to benefit from the ongoing demand and supply dynamics in the agricultural chemical sector [7][9].

| 第八章 | 通知和公告 44 | | | --- | --- | --- | | 第一节 | 通知 44 | | | 第二节 | 公告 44 | | | 第九章 | 合并、分立、增资、减资、解散和清算 44 | | | 第一节 | 合并、分立、增资和减资 44 | | | 第二节 | 解散和清算 46 | | | 第十章 | 修改章程 | 48 | | 第十一章 | 附则 | 48 | 第一章 总则 | 第一章 | 总则 3 | | --- | --- | | 第二章 | 经营宗旨和范围 4 | | 第三章 | 股份 5 | | 第一节 | 股份发行 5 | | 第二节 | 股份增减和回购 6 | | 第三节 | 股份转让 7 | | 第四章 | 股东和股东会 8 | | 第一节 | 股东的一般规定 8 | | 第二节 | 控股股东和实际控制人 11 | | 第三节 | 股东会的一般规定 12 | | 第四节 | 股东会的召集 14 | | 第五节 | 股东会的提案与通知 16 | | 第六节 | 股东会的召开 17 | | 第七节 | 股东会的表决和决议 20 | | 第五章 | 董事和董事会 24 | ...

四川省成都市高新区天府大道北段 966 号天府国际金融中心南塔 25 层-26 层 邮编：610041 25-26/F, South Tower of Tianfu International Finance Center, 966 North Tianfu Avenue, High-tech Zone, Chengdu, Sichuan 610041, P. R. China 电话/Tel : +86 28 6208 8001 传真/Fax : +86 28 6208 8111 www.zhonglun.com 北京中伦（成都）律师事务所 关于成都云图控股股份有限公司 2026 年第一次临时股东会的 法律意见书 致：成都云图控股股份有限公司 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民 共和国证券法》（以下简称"《证券法》"）及《上市公司股东会规则》等法律、 法规及规范性文件的规定，北京中伦（成都）律师事务所（以下简称"本所"） 指派律师出席了成都云图控股股份有限公司（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"），并对本次股东会的相关事项进行见 证。 本所 ...

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。 证券代码：002539 证券简称：云图控股 公告编号：2026-002 成都云图控股股份有限公司 特别提示： 一、本次股东会未出现否决提案的情形。 二、本次股东会未涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1、召开日期和时间 现场会议召开时间：2026年1月8日（星期四）下午14:30 网络投票时间：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1月8日9:15—9:25，9:30—11:30，13:00—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1月8日9:15至15:00的任意时间。 2、现场会议召开地点：四川省成都市新都区蓉都大道南二段98号云图控股 办公楼9楼会议室 3、召开方式：采取现场投票表决与网络投票表决相结合的方式。 4、召集人：成都云图控股股份有限公司（以下简称"公司"）董事会 5、现场会议主持人：董事长牟嘉云女士 6、本次会议的召开经公司第七届董事会第五次会议审议通过，符合《中 ...

Investment Rating - The report maintains an "Outperform" rating for the agricultural chemical industry [5][9]. Core Views - The potassium fertilizer supply and demand are tightly balanced, with international prices rising. China, being the largest consumer, has a high import dependency exceeding 60%. The domestic production of potassium chloride is expected to decrease by 2.7% in 2024, while imports are projected to reach a historical high of 12.633 million tons, a year-on-year increase of 9.1% [1][24]. - The long-term price center for phosphate rock is expected to remain high due to declining grades and increasing extraction costs, alongside growing demand from new applications like lithium iron phosphate. The domestic supply-demand situation for phosphate rock is tightening, with prices for 30% grade phosphate rock remaining elevated [2][50]. - The price of glyphosate has shown volatility, with a peak during the South American planting season and a subsequent decline due to high North American inventories. The report anticipates a recovery in glyphosate prices in 2026 [4][49]. Summary by Sections Potassium Fertilizer - The global potassium fertilizer market is characterized by a supply-demand imbalance, with prices expected to recover due to resource scarcity and geopolitical factors affecting supply chains [1][44]. - Domestic potassium chloride prices are projected to stabilize around 3,100-3,200 CNY/ton, with expectations of maintaining high inventory levels for food security [24][40]. Phosphate Chemicals - The phosphate rock market is experiencing a tightening supply-demand balance, with prices for 30% grade phosphate rock remaining above 900 CNY/ton for over three years. The report highlights the increasing demand from lithium battery applications [2][50]. - Phosphate chemical prices have shown upward trends for products like lithium iron phosphate, while glyphosate prices have decreased significantly [49][51]. Pesticides - The report suggests a potential recovery in the pesticide sector, particularly for glyphosate and its derivatives, as the industry undergoes restructuring to improve profitability [4][8]. - Companies such as Yangnong Chemical and Lier Chemical are highlighted as key players in the pesticide market, with recommendations for investment [7][8].

Core Viewpoint - The company is focused on expanding its compound fertilizer production capacity to optimize national production layout and enhance regional market competitiveness, while preparing for future growth in the compound fertilizer sector [2] Group 1: Production Capacity Expansion - The company is currently constructing a total of 1.9 million tons of compound fertilizer capacity, located in Hubei Yingcheng, Hubei Jingzhou, Shandong Pingyuan, Xinjiang Akesu, and Guangxi Guigang [2] - This expansion aims to cover major agricultural production areas in China and Southeast Asian markets, facilitating quicker response to customer needs [2] Group 2: Market Strategy - The company is actively enhancing its market presence through channel refinement, brand upgrades, and product structure adjustments to boost compound fertilizer sales and production utilization rates [2] - Future strategies will leverage the compound fertilizer capacity layout to improve the integration of nitrogen and phosphorus supply chains, aiming to reduce overall costs and enhance profitability [2]