证券代码：002588 证券简称：史丹利 公告编号：2025-020 史丹利农业集团股份有限公司 2024 年年度权益分派实施公告 三、权益分派对象 本公司及董事会全体成员保证公告的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 史丹利农业集团股份有限公司（以下简称"公司"或"本公司"）2024 年年度 权益分派方案已获 2025 年 5 月 13 日召开的 2024 年度股东大会审议通过，股东 大会决议公告已于 2025 年 5 月 14 日刊登在巨潮资讯网（www.cninfo.com.cn） 上。现将权益分派事宜公告如下： 一、权益分派方案 本公司 2024 年年度权益分派方案为：以公司现有总股本 1,151,891,980 股 为基数，向全体股东每 10 股派 2.600000 元人民币现金（含税；扣税后，通过深 股通持有股份的香港市场投资者、境外机构（含 QFII、RQFII）以及持有首发前 限售股的个人和证券投资基金每 10 股派 2.340000 元；持有首发后限售股、股权 激励限售股及无限售流通股的个人股息红利税实行差别化税率征收，本公司暂不 扣缴个人所得税，待个人转让股票时，根 ...

Group 1: Financial Performance and Dividends - The company's dividend plan for 2024 shows a significant increase compared to 2023, aligning with the growth in performance, while retaining funds for future development [2] - In Q1 2025, the company achieved substantial growth in revenue and profit, maintaining a cautiously optimistic outlook for H1 2025, despite facing uncertainties like raw material price fluctuations [2][3] - The company’s cash reserves did not significantly decrease; instead, funds were allocated to financial products and long-term deposits, resulting in changes across various financial categories [4] Group 2: Environmental Impact and Management - Fertilizers, while essential for plant growth, can lead to environmental issues such as soil acidification and water system eutrophication; recommended measures include balanced fertilization and innovative product development [5] - Following a fire incident in August 2024, the company emphasized its commitment to safety management and has taken steps to enhance safety protocols [7] Group 3: Market Strategy and Growth - The company is focused on integrating its supply chain and is currently investing in a phosphate chemical project, with plans to evaluate future acquisitions based on market conditions [8] - The horticultural business has seen a 40.86% increase in online retail sales in 2024, with a significant rise in sales volume, indicating strong market positioning and growth potential [8]

证券代码：002588 证券简称：史丹利 公告编号：2025-019 史丹利农业集团股份有限公司 关于参加 2025 年山东辖区上市公司投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证公告的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 为进一步加强与投资者的互动交流，史丹利农业集团股份有限公司（以下简 称"公司"）将参加由山东证监局、山东上市公司协会与深圳市全景网络有限公 司联合举办的"2025 年山东辖区上市公司投资者网上集体接待日活动"，现将相 关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net）；或关注微信公众号（名称：全景财经）；或下载全景路演 APP, 参与本次互动交流。活动时间为 2025 年 5 月 15 日（周四）15:00-16:30。 届时公司副总经理兼董事会秘书胡照顺先生、财务总监陈桂芳女士、证券事 务代表陈钊先生将在线就公司 2024 年度业绩、公司治理、发展战略、经营状况、 和可持续发展等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投资者 踊跃参与！ 特此公告。 史丹利农业集团股份有 ...

证券代码：002588 证券简称：史丹利 公告编号：2025-018 史丹利农业集团股份有限公司 2024 年度股东大会决议公告 本公司及董事会全体成员保证公告的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 重要提示： 1、本次股东大会无否决议案的情形； 2、本次股东大会未涉及变更前次股东大会决议。 一、会议召开情况 1、会议通知：史丹利农业集团股份有限公司（以下简称"公司"）于 2025 年 4 月 18 日在《中国证券报》《上海证券报》《证券时报》《证券日报》和巨潮资讯 网（www.cninfo.com.cn）刊登了《关于召开 2024 年度股东大会的通知》 2、会议召开时间： 现场会议召开时间：2025 年 5 月 13 日 14 时 网络投票时间：2025 年 5 月 13 日 其中，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：2025 年 5 月 13 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：2025 年 5 月 13 日 9:15-15:00 中的任意时间 3、现场会议召开地点：山东省临沂市临 ...

北京市建国门北大街 8 号华润大厦 20 层 邮编：100005 电话：(86-10) 85191300 传真：(86-10) 85191350 junhebj@junhe.com 关于史丹利农业集团股份有限公司 2024年度股东大会的法律意见书 致：史丹利农业集团股份有限公司 受贵公司的委托，本所根据《中华人民共和国公司法》（以下简称"《公司 法》"）等法律、法规、规章及《史丹利农业集团股份有限公司章程》（以下简 称"《公司章程》"）的有关规定，就贵公司2024年度股东大会（以下简称"本 次股东大会"）有关事宜出具本法律意见书。 本法律意见书仅就本次股东大会的召集和召开程序、出席本次股东大会人员 的资格、召集人资格、会议表决程序是否符合中国相关法律、法规及《公司章程》 的规定以及表决结果是否合法有效发表意见，而不对本次股东大会所审议的议案 内容以及该等议案所表述的相关事实或数据的真实性、准确性或合法性发表意见。 本法律意见书仅供见证本次股东大会相关事项合法性之目的而使用，未经本 所书面同意，任何人不得将其用作其他任何目的。 为出具本法律意见书之目的，本所委派两名律师列席了贵公司本次股东大会， 并根据有关法律 ...

Core Viewpoint - The report highlights the stability of phosphate rock prices at high levels, with orderly production across major domestic production areas and a tight supply of high-grade phosphate rock [2][4]. Group 1: Production and Supply - In 2024, China's phosphate rock production is projected to reach 113.53 million tons, an increase of 8.33 million tons or 7.8% year-on-year, with Hubei, Guizhou, Yunnan, and Sichuan accounting for 40%, 20%, 25%, and 14% of the total production respectively [2][3]. - The import of phosphate rock in 2024 is expected to be 2.07 million tons, an increase of 660,000 tons year-on-year, with an average import price of $93.9 per ton [2][3]. - Domestic production and transportation of phosphate rock are running smoothly, with specific regional conditions noted: Yunnan's rock is primarily for local consumption, Guizhou faces circulation restrictions, Sichuan has stable long-term supply, and Hubei has resumed normal production after a temporary halt [2][3]. Group 2: Price Trends - As of May 9, 2024, the average market prices for domestic phosphate rock of 30%, 28%, and 25% grades are 1,020, 947, and 771 RMB per ton respectively [2][3]. - The prices of downstream products such as monoammonium phosphate (MAP) and diammonium phosphate (DAP) are significantly lower than export prices, indicating a price disparity that may affect domestic market dynamics [3][4]. Group 3: Market Outlook - The report suggests that the increasing barriers to phosphate mining and stricter environmental regulations will limit the supply growth of phosphate rock, maintaining a high level of market stability [4]. - The profitability of integrated fertilizer companies is expected to improve, with cash dividends likely to increase due to favorable market conditions and price support from raw materials like sulfur and sulfuric acid [4].

Investment Rating - The investment rating for the basic chemical industry is "Positive" (maintained) [1] Core Viewpoints - The report highlights that the price of phosphate rock remains stable at a high level, with supply tight for high-grade ores. The production of phosphate rock in China is expected to increase, with a year-on-year growth of 7.8% in 2024, reaching 113.53 million tons [4][10] - The report suggests that the profitability of integrated fertilizer companies is expected to improve due to the high price of phosphate fertilizers and the significant price difference between domestic and international markets [6] Summary by Sections Phosphate Rock Production and Pricing - In 2024, China's phosphate rock production is projected to be 113.53 million tons, an increase of 8.33 million tons year-on-year, with a growth rate of 7.8% [4][10] - The average price of domestic phosphate rock of various grades as of May 9 is 1020, 947, and 771 RMB/ton [5] Fertilizer Market Dynamics - The consumption share of phosphate fertilizers in 2024 is expected to be 60% for monoammonium phosphate, 12% for wet-process phosphoric acid, and 11% for phosphates [5] - The average market price for domestic monoammonium phosphate and diammonium phosphate is 3,140 and 3,715 RMB/ton, respectively, which is lower than the export prices [5] Profitability Outlook - The report anticipates that the profitability of integrated phosphate chemical leading companies will improve, with cash dividends expected to increase due to the high barriers to phosphate mining and stricter environmental regulations [6] - Recommended stocks include Xingfa Group, Yuntianhua, and Chuanheng Co., which have significant phosphate production capacities [6]

Investment Rating - The report maintains a "Positive" outlook on the chemical industry, highlighting the recovery at the bottom of the cycle and the focus on undervalued high-growth stocks [1]. Core Insights - The macroeconomic assessment of the chemical industry indicates a stabilization in oil prices due to geopolitical factors and OPEC+ production increases, while coal prices are expected to decline in the medium to long term. Natural gas prices are fluctuating at the bottom [3][4]. - The report forecasts a gradual recovery in profitability for the chemical sector in Q1 2025, driven by terminal inventory replenishment and improved demand, despite ongoing construction projects peaking and declining [3]. - The overall revenue for the chemical sector in 2024 is projected to reach 2.0601 trillion yuan, a 3% year-on-year increase, while net profit is expected to decline by 3% to 109.8 billion yuan, aligning with market expectations [3]. Summary by Sections Industry Dynamics - Current oil prices are influenced by the easing of the Russia-Ukraine conflict and U.S. tariff policies, with Brent crude averaging $80.93 per barrel in 2024, down 2% year-on-year. NYMEX natural gas futures are expected to average $2.41 per million British thermal units, down 10% year-on-year [3][4]. - The chemical industry is experiencing a "V"-shaped recovery in market conditions, with Q1 2025 revenue reaching 496.9 billion yuan, a 6% increase year-on-year, and net profit rising by 9% year-on-year to 32.8 billion yuan [3]. Investment Analysis - The report suggests focusing on traditional cyclical stocks with strong fundamentals, such as Wanhua Chemical and Hualu Chemical, as well as growth stocks in semiconductor materials and OLED technologies [3]. - The tire industry is expected to benefit from domestic demand recovery and cost reductions, with companies like Sailun Tire and Linglong Tire highlighted for potential investment [3]. - The report emphasizes the importance of identifying undervalued stocks with growth potential in the chemical sector, particularly in segments like agricultural chemicals and specialty chemicals [3]. Price and Inventory Changes - The report notes that the chemical industry is experiencing a gradual recovery in price differentials, with PPI data showing a slow recovery from negative values towards zero [3][4]. - The report highlights the importance of monitoring inventory levels and price movements in key chemical products, as these factors will influence future profitability and investment opportunities [3][4].

Group 1: Investment Trends of Super Investors - Super investors in A-shares have shown a significant divergence in investment directions, with a focus on computing power and humanoid robots by individual investors, while billion-dollar private equity firms have concentrated on materials and resources sectors [1] - Notable individual investor Zhang Jianping has heavily increased his stake in computing power concepts, becoming a top shareholder in companies like Hangang Steel and Aofei Data, while also increasing his holdings in Cambrian [1] - Investor Ge Weidong has entered the top ten shareholders of Su Da Weige, holding 1.62 million shares valued at approximately 30 million yuan, indicating a strategic focus on micro-nano optical materials and communication industries [1] Group 2: Private Equity Movements - Over 20 billion-dollar private equity firms have appeared in the first quarter reports of listed companies, with firms like Gao Yi Asset and Xuan Yuan Private Equity being particularly active [3] - Gao Yi Asset has newly entered the top ten shareholders of companies such as Guoci Materials and China Aluminum, while increasing stakes in Longbai Group and Zijin Mining, and reducing holdings in Hikvision and Yangnong Chemical [3] - Xuan Yuan Private Equity has also made significant moves, entering the top ten shareholders of Huabao Co. and Stanley, while reducing positions in companies like Jidong Equipment [4] Group 3: Sector Focus and Company Highlights - The computing power and humanoid robot sectors are gaining traction among individual investors, with companies like Zhongjian Technology being highlighted as key players in the humanoid robot concept [1][2] - The materials and resources sectors are favored by private equity firms, with companies like Wolong Nuclear Materials receiving attention from multiple billion-dollar private equity products [4] - The first quarter has seen a notable increase in collaboration agreements between companies like Zhongding Co. and various robot enterprises, positioning Zhongding as a leader in the humanoid robot sector [2]

Group 1: Company Performance - The company's horticultural fertilizer business achieved an online retail sales of 116 million yuan in 2024, a year-on-year increase of 40.86%, with a total sales volume of 6.09 million units, marking a growth of 87.96% [1] - The first quarter of 2025 saw significant year-on-year growth in revenue and profit, attributed to successful market expansion and increased market share [2] - The subsidiary, Songzi New Materials Company, reported a loss of approximately 112 million yuan in 2024, primarily due to depreciation costs of over 60 million yuan [5] Group 2: Strategic Initiatives - The company plans to enhance its core fertilizer business while extending upstream into the phosphate industry to strengthen its competitive edge [4] - The management is focused on improving operational performance and investor communication to enhance the company's market value [6] - The company is considering the introduction of a mid-year cash dividend, contingent on the board's assessment of operational performance and financial conditions [2] Group 3: Market Position and Challenges - The company is currently the market leader in the horticultural fertilizer sector, with ongoing efforts to expand its market share [2] - The stock price and market value have not reflected the company's strong fundamentals over the past decade, which the management acknowledges [5] - The company is not planning to establish a new production base in Shaanxi, as it already has coverage in the region through existing facilities in Henan and Gansu [7] Group 4: Future Outlook - The Songzi project is expected to stabilize and achieve profitability by the second half of 2025 [5] - The company is actively monitoring the market conditions for its phosphate iron project, which has not yet commenced operations due to low market prices [4] - The management believes that the company's stock price will align with its intrinsic value as strategic initiatives are implemented and operational performance improves [6]