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 ...

磷矿石：价格高位维稳，各主产区有序生产，高品位矿石供应偏紧 开源证券近日发布磷化工行业跟踪点评报告：进出口方面，2024年中国进口磷矿石207 万吨，同比增加66万吨，进口均价93.9美元/吨。价格方面，据百川盈孚数据，5月9日，国 内30%、28%、25%品位磷矿石市场均价为1020、947、771元/吨，目前国内各主产区矿石生 产、运输有序运行，其中云南省矿石主要用于省内消化；贵州开阳、瓮安磷矿流通存在一定 限制；四川地区磷矿长期供应稳定，正常发运；湖北夷陵区五一期间磷矿停采，现已恢复正 常开采；北方企业长期受安全检查影响，尚未全面提产，供应能力提升空间有限。 产品端：成本支撑磷铵、饲钙价格高位，当前国际磷铵价格显著高于国内据百川盈孚数 据，2024年磷矿石下游磷肥、湿法磷酸、磷酸盐、黄磷、其他磷化物消费量占比分别为 60%、12%、11%、9%、8%。（1）磷铵：据Wind和海关总署数据，2024年，国内磷酸一 铵、磷酸二铵出口量为200、457万吨，同比-2.4%、-9.3%；出口均价为4,044、3,964元/吨， 同比+3.7%、+5.0%；当期国内磷酸一铵（55%粉状）、磷酸二铵（64%）市场均 ...

基础化工 基础化工 2025 年 05 月 12 日 投资评级：看好（维持） 行业走势图 数据来源：聚源 -36% -24% -12% 0% 12% 24% 2024-05 2024-09 2025-01 基础化工 沪深300 相关研究报告 《4 月出口数据超预期，央行降准降 息，建议加大化工龙头配置—化工行 业周报》-2025.5.11 《厚积薄发，化工周期新起点—化工 行业 2025 年中期投资策略 》-2025.5.7 《2024 年化工板块增收减利，2025 年 Q1 龙头公司业绩率先增长—行业点 评报告》-2025.5.5 磷矿石景气高位维稳，磷肥国内外价差可观，看好矿 肥一体磷化工企业盈利向好、分红提升 ——磷化工行业跟踪点评报告 | 金益腾（分析师） | 徐正凤（分析师） | | --- | --- | | jinyiteng@kysec.cn | xuzhengfeng@kysec.cn | | 证书编号：S0790520020002 | 证书编号：S0790524070005 | xuzhengfeng@kysec.cn 证书编号：S0790524070005 磷矿石：价格高位维稳，各主产区 ...

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]

作为私募基金行业的"顶流"，百亿元级私募机构的持仓情况备受市场关注。随着A股上市公司2025年一 季报陆续披露，多家百亿元级私募机构的最新持仓动向逐渐明晰。 深圳市前海排排网基金销售有限责任公司(以下简称"私募排排网")数据显示，按2025年4月27日已披露 2025年一季报的A股上市公司前十大流通股股东名单统计，已有23家百亿元级私募机构旗下产品现身96 家公司前十大流通股股东名单，合计持股市值达349.75亿元。 高毅资产持股市值第一 此外，上海通怡投资管理有限公司、上海迎水投资管理有限公司、珠海阿巴马私募基金投资管理有限公 司等知名私募机构旗下部分产品，也在多家上市公司前十大流通股股东名单中现身。 针对百亿元级私募机构在一季度积极调整投资布局，深圳市融智私募证券投资基金管理有限公司FOF基 金经理李春瑜对《证券日报》记者表示："这主要基于两方面考量：一方面缘于对未来市场走向的前瞻 性研判；另一方面是顺应政策环境与行业景气度的动态变化，通过深度挖掘行业与板块价值，捕捉结构 性投资机遇。" 前海钜阵资本管理(深圳)有限公司首席投资官龙舫在分析百亿元级私募机构调仓的投资逻辑时对《证券 日报》记者表示："配置调 ...

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - The company has achieved a breakthrough in compound fertilizer sales, with a year-on-year revenue growth of 2.71% in 2024, reaching 10.263 billion yuan, and a net profit growth of 17.89%, totaling 826 million yuan [6][8] - The company is expected to continue its growth trajectory, with projected revenues of 13 billion yuan, 14.4 billion yuan, and 15.7 billion yuan for 2025, 2026, and 2027 respectively, alongside net profits of 998 million yuan, 1.202 billion yuan, and 1.407 billion yuan [14][41] Sales Performance - In 2024, the company sold 3.5128 million tons of phosphate fertilizers, a 12.18% increase year-on-year, with compound fertilizer sales reaching 3.3464 million tons, up 12.68% [8] - The company reported a revenue of 2.384 billion yuan in Q4 2024, a slight decrease of 0.24% year-on-year, but a 8.06% increase quarter-on-quarter [7] Financial Metrics - The company achieved a return on equity (ROE) of 13% in 2024, with a sales gross margin of 18.18%, reflecting a 0.70 percentage point increase year-on-year [6][8] - For Q1 2025, the company reported a revenue of 3.405 billion yuan, a 29.56% increase year-on-year, and a net profit of 288 million yuan, up 20.84% [11][29] Production Capacity - The company has a total production capacity of 7.2 million tons per year, with 5.9 million tons dedicated to compound fertilizers, and has established production bases across multiple provinces in China [12] Shareholder Returns - The company plans to distribute a cash dividend of 2.60 yuan per 10 shares, totaling approximately 299.49 million yuan, which represents 39.91% of the net profit attributable to shareholders for 2024 [13] Competitive Advantages - The company has established significant competitive advantages in brand strength, marketing channel development, new product research, and agricultural services, while actively advancing its phosphate chemical project to create a complete industrial chain [14][41]

Investment Rating - The report maintains an "Outperform" rating for the company [2][8]. Core Views - The company is expected to see continued growth in compound fertilizer sales in 2024, with profitability improving in 2025 as new capacities ramp up [2][8]. - The earnings forecast for 2025-2026 has been revised upwards, with new projections for 2027 introduced, estimating EPS at RMB 0.86, 1.04, and 1.27 respectively [2][8]. - Based on the 2025 industry average PE of 14.9x, the target price is set at RMB 12.72, reflecting a significant increase from the previous target of RMB 8.45 [2][8]. Financial Performance Summary - In 2024, the company achieved total revenue of RMB 10.26 billion, representing a year-on-year increase of 2.71%, and a net profit attributable to shareholders of RMB 0.83 billion, up 17.89% year-on-year [3][9]. - The fourth quarter of 2024 saw revenue of RMB 2.38 billion, down 0.24% year-on-year but up 8.06% quarter-on-quarter, with a net profit of RMB 0.16 billion, up 33.57% year-on-year [3][9]. - For the first quarter of 2025, total revenue reached RMB 3.41 billion, a year-on-year increase of 29.56% and a quarter-on-quarter increase of 42.85%, with a net profit of RMB 0.29 billion, up 20.84% year-on-year [10]. Sales and Production Insights - The company reported compound fertilizer sales of 3.35 million tons in 2024, marking a 12.68% increase year-on-year [3][9]. - The phosphate facilities are operational, and a new production line for 0.3 million tons of compound fertilizer is running smoothly [3][9]. Financial Projections - The financial summary indicates projected revenues of RMB 11.56 billion for 2025, with a net profit of RMB 0.99 billion, reflecting a growth rate of 19.3% [5]. - The EPS projections for 2025, 2026, and 2027 are RMB 0.86, 1.04, and 1.27 respectively, with a steady increase in net asset return rates [5][6].

证券代码：002588 证券简称：史丹利 公告编号：2025-017 史丹利农业集团股份有限公司（以下简称"公司"）于近日收到公司控股股东 高文安先生、高文靠先生关于部分股份质押延期购回事宜的告知函，具体如下： 一、股东股份质押的基本情况 | | 是否为控 股股东或 | 本次质押 | 占其所 | 占公 | 是否 | 是否 | | | | | 延期后 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东 | | | | 司总 | | 为补 | 质押起 | | 质押到 | | | | 质押 | | 名称 | 第一大股 | 数量（股） | 持股份 | 股本 | 为限 | 充质 | 始日 | | 期日 | | 质押到 | 质权人 | 用途 | | | 东及其一 | | 比例 | 比例 | 售股 | 押 | | | | | 期日 | | | | | 致行动人 | | | | | | | | | | | | | | 高文安 | 是 | 9,820,800 | 23.75% | 0.8 ...