证券代码：002601 证券简称：龙佰集团 公告编号：2025-035 龙佰集团股份有限公司（以下简称"公司"）于 2025 年 7 月 31 日召开的第八 届董事会第二十次会议审议通过了《关于发行债券类融资工具的一般授权的议 案》，现将相关事项公告如下： 一、本次发行债券类融资工具概述 为有效协调公司债券类融资工具发行过程中的具体事宜，董事会提请股东大 会审议及批准向董事长（或其转授权人士）授予发行债券类融资工具的一般授权， 以一批或分批形式发行债券类融资工具，待偿还余额总计不超过折合人民币 60 亿元。 经查询，公司不是失信责任主体。 二、有关一般授权的具体条款 1、发行规模：根据本次一般授权所发行债券工具的待偿还余额总计不超过 折合人民币 60 亿元，各债券发行场所具体注册发行额度由董事长（或其转授权 人士）根据注册发行时的监管要求和市场情况确定。 2、发行对象及股东配售安排：发行对象为符合相关法律、法规规定的投资 者，不会以优先配售方式向现有股东发行。 3、债券工具种类：包括但不限于中期票据、短期/超短期融资券、短期/超短 期公司债券、公司债券等，或其他债券新品种等。具体种类由董事长（或其转授 权人士 ...

证券代码：002601 证券简称：龙佰集团 公告编号：2025-036 龙佰集团股份有限公司 关于召开 2025 年第一次临时股东大会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 （三）本次会议的召开符合有关法律、行政法规、部门规章、规范性文件和 公司章程的有关规定，会议的召开合法、合规。 （四）会议时间： 1、现场会议：2025 年 8 月 20 日（星期三）下午 14:30 2、网络投票：通过深圳证券交易所交易系统进行网络投票的时间为 2025 年 8 月 20 日上午 9:15-9:25,9:30-11:30 和下午 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 8 月 20 日上午 9:15 至下午 15:00。 （五）会议召开方式：本次股东大会采用现场表决与网络投票相结合的方式 召开。 （六）会议的股权登记日：2025 年 8 月 13 日（星期三） （七）出席对象 一、召开会议的基本情况 （一）股东大会届次：2025 年第一次临时股东大会。 （二）股东大会的召集人：本次股东大会由公司董事会召集， ...

关于本议案具体内容详见公司指定信息披露媒体《中国证券报》《证券时报》 《上海证券报》及巨潮资讯网（www.cninfo.com.cn）《关于发行债券类融资工具 的一般授权的公告》。 一、监事会会议召开情况 本议案尚需提交公司 2025 年第一次临时股东大会审议，有关债券的发行需 相关监管机构或中国银行间市场交易商协会同意注册后方可实施。公司将依据法 律、法规的规定就本次发行相关事宜履行信息披露义务。 龙佰集团股份有限公司（以下简称"公司"）第八届监事会第二十次会议于 2025 年 7 月 31 日（周四）以通讯表决和现场表决相结合的方式召开。本次监事 会的会议通知和议案已于 2025 年 7 月 25 日按《公司章程》规定以书面送达或电 子邮件的方式发送至全体监事。会议应参加表决监事 3 人，实际参加表决监事 3 人。会议由监事会主席张海涛先生主持，会议的召开符合有关法律、行政法规、 部门规章、规范性文件和公司章程的规定，会议表决合法有效。 二、监事会会议审议情况 本次监事会会议审议通过了如下议案： 证券代码：002601 证券简称：龙佰集团 公告编号：2025-034 龙佰集团股份有限公司 审议通过了《关于 ...

证券代码：002601 证券简称：龙佰集团 公告编号：2025-033 龙佰集团股份有限公司 第八届董事会第二十次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 龙佰集团股份有限公司（以下简称"公司"）第八届董事会第二十次会议于 2025 年 7 月 31 日（周四）以通讯表决和现场表决相结合的方式召开。本次董事 会的会议通知和议案已于 2025 年 7 月 25 日按《公司章程》规定以书面送达或电 子邮件的方式发送至全体董事。本次会议应出席董事 9 人，实际出席董事 9 人。 会议由董事长和奔流先生主持，会议的召开和表决符合有关法律、行政法规、部 门规章、规范性文件和公司章程的规定，会议表决合法有效。 本次董事会会议审议通过了如下议案： 1、审议通过了《关于发行债券类融资工具的一般授权的议案》，并同意提 交 2025 年第一次临时股东大会审议。 关于本议案具体内容详见公司指定信息披露媒体《中国证券报》《证券时报》 《上海证券报》及巨潮资讯网（www.cninfo.com.cn）《关于发行债券类融资工 具的一般授权的公告》 ...

证券日报网讯东方锆业（002167）7月30日在互动平台回答投资者提问时表示，公司与龙佰集团 （002601）不存在同业竞争，请以公司指定信息披露媒体披露的相关公告为准。 ...

Investment Rating - The report maintains a recommendation for the chemical industry, indicating a positive outlook due to the anticipated benefits from anti-involution policies [2]. Core Insights - The chemical industry is expected to benefit from the implementation of anti-involution policies, which aim to reduce unhealthy competition and improve pricing structures [13][14]. - The report highlights that certain chemical products are currently at historical low prices, suggesting potential for price recovery as market conditions improve [15]. - The focus is on eight specific products with significant price recovery potential: spandex, organic silicon, PVC, titanium dioxide, soda ash, propylene oxide, glyphosate, and TDI [15]. Summary by Sections Anti-Involution Policies - The government is committed to addressing "involution-style" competition, with plans for new policies to stabilize key industries including chemicals [13][14]. - The aim is to eliminate low-cost sales practices that have led to unsustainable pricing and profitability issues within the industry [14]. Spandex Market - Spandex prices have reached historical lows, with a steady increase in production and inventory pressures [19][22]. - The spandex market is dominated by major players such as Huafeng Chemical and Xinxiang Chemical Fiber, which hold significant market shares [29][40]. Organic Silicon Market - Organic silicon prices are at a five-year low, with a diverse range of applications across various industries [44][49]. - The industry is characterized by limited new capacity additions, with major producers like Hoshine Silicon and Dongyue Group leading the market [55]. PVC Market - PVC is a widely used plastic, primarily in the real estate sector, and is expected to benefit from the consolidation of production capacity [6][19]. - Key companies in the PVC market include Zhongtai Chemical and Xinjiang Tianye, which are positioned to capitalize on market recovery [6]. Titanium Dioxide Market - Titanium dioxide prices have hit five-year lows, with high inventory levels impacting profitability [6][19]. - Major players in this sector include China Nuclear Titanium Dioxide and Longbai Group, which are expected to navigate the challenging market conditions [6]. Soda Ash Market - The soda ash market is facing high inventory levels, with significant applications in real estate and photovoltaic industries [6][19]. - Key companies include Boyuan Chemical and Shandong Haihua, which are well-positioned to benefit from future demand recovery [6]. Propylene Oxide Market - Propylene oxide has a low concentration of production capacity, with broad applications across various sectors [6][19]. - Key players include Binhai Chemical and Weiyuan Chemical, which are expected to benefit from market dynamics [6]. Glyphosate Market - Glyphosate is the most widely used herbicide globally, with increasing demand driven by rising agricultural output [6][19]. - Major companies in this space include Xingfa Group and Jiangshan Chemical, which are positioned to benefit from a favorable market environment [6]. TDI Market - TDI supply-demand dynamics remain tight due to production disruptions, with significant barriers to entry for new players [6][19]. - Key companies include Cangzhou Dahua and Wanhua Chemical, which are expected to maintain strong market positions [6].

Group 1 - The core viewpoint of the articles highlights the positive performance of the chemical sector, particularly the rise in the Zhongzheng Subdivided Chemical Industry Theme Index and its constituent stocks [1][2] - The chemical ETF has shown a significant increase, with a reported price of 0.63 yuan and a subscription of 36.5 million units during the trading session [1][2] - The Daqing Petrochemical Company has achieved record production levels of MTBE, increasing by 0.44 thousand tons compared to the same period last year, reflecting effective management and production optimization [1] Group 2 - The second quarter of this year saw a rapid rebound in the overall market, with the chemical sector focusing on price increases, domestic demand support, and new materials [2] - Investment in the chemical sector is being directed towards potassium fertilizers and fluorochemical sectors due to their fundamental support, while domestic demand is gaining attention amid international trade conflicts [2] - The top ten weighted stocks in the Zhongzheng Subdivided Chemical Industry Theme Index account for 43.37% of the index, indicating a concentration of investment in major players like Wanhua Chemical and Yanhai Co [3]

Investment Rating - The report maintains an investment rating of "Synchronize with the market - A" for the basic chemical industry [1]. Core Viewpoints - The upcoming "Ten Key Industries Stabilizing Growth Work Plan" will accelerate the optimization of production capacity structure in the chemical industry, suggesting a focus on the cyclical recovery and supply-side optimization of the chemical sector [2][12]. - The opening of the Yarlung Tsangpo River downstream hydropower project, with a total investment of approximately 1.2 trillion yuan, is expected to significantly boost investment opportunities in various sub-sectors of the chemical industry, particularly in civil explosives, all-steel tires, cement, and specialty chemicals [3][13]. - The report highlights the importance of focusing on leading companies with "absolute cost advantages" or "absolute technical scarcity" in the supply-side optimization process [12]. Summary by Relevant Sections Chemical Market - The report emphasizes that the Ministry of Industry and Information Technology will promote structural adjustments and the elimination of backward production capacity in key industries, including steel, non-ferrous metals, petrochemicals, and building materials [12]. - It suggests that the supply-side optimization should focus on leading companies such as Wanhua Chemical, Hualu Hengsheng, and Juhua Co., which have strong competitive advantages [12]. Investment Recommendations - Recommended stocks include: - Wanhua Chemical (600309.SH) - Buy-B - Hualu Hengsheng (600426.SH) - Buy-B - Juhua Co. (600160.SH) - Buy-B - Haohua Technology (600378.SH) - Buy-B - Longbai Group (002601.SZ) - Buy-B - Yangnong Chemical (600486.SH) - Buy-B - Hubei Yihua (000422.SZ) - Increase-B - Tongyi Zhong (688722.SH) - Buy-A [2][3][25]. Price Movements - As of July 18, TDI prices reached 14,913 yuan/ton, reflecting a significant increase of 30.82% compared to the previous month [4][14]. - The report notes that the basic chemical sector has shown varied performance, with synthetic resins and membrane materials leading in gains [20][21]. Key Company Performances - The report highlights that Hubei Yihua, Jujiao Co., and Wanhua Chemical saw notable increases in their stock prices, while companies like Ruifeng New Materials and Yaji International experienced declines [23][24].

Investment Rating - The report maintains an "Outperform" rating for the basic chemical industry [2] Core Viewpoints - The basic chemical sector has outperformed the market, with the industry index rising by 1.8% from July 11 to July 18, compared to a 0.7% increase in the Shanghai Composite Index [9][20] - The report highlights significant price increases in TDI, glyphosate, and glufosinate due to supply disruptions and rising demand, particularly in South America [6][31][33] Summary by Sections 1. Core Viewpoints - The basic chemical sector is expected to benefit from supply-side reforms and improved demand due to recent government policies aimed at stabilizing the economy [17] - The report emphasizes the potential for long-term investment in core assets as the profitability of chemical products has likely bottomed out, suggesting a recovery in valuations [17][18] 2. Overall Performance of the Chemical Sector - The basic chemical industry index has shown a year-to-date increase of 10.8%, outperforming both the Shanghai Composite and ChiNext indices by 5.4% and 4.5%, respectively [20][26] 3. Individual Stock Performance in the Chemical Sector - Among 424 stocks in the basic chemical sector, 251 stocks rose while 162 fell during the reporting week, with notable gainers including Shangwei New Materials (+148.8%) and Dongcai Technology (+33.2%) [29][30] 4. Key News and Company Announcements - A fire at Covestro's TDI plant in Germany has led to significant supply disruptions, creating opportunities for price increases in TDI [31][32] - Glyphosate prices have increased to 25,500 CNY per ton, reflecting a 7.16% month-over-month rise, driven by reduced inventory levels [33] - New regulations on glufosinate are expected to constrain supply, potentially leading to price increases as the market adjusts [34]

Group 1 - The titanium dioxide concept sector rose by 1.70%, ranking 10th among concept sectors, with 13 stocks increasing in value, including Daowen Co., Huayun Titanium, and Guocheng Mining, which rose by 5.06%, 4.25%, and 3.40% respectively [1] - The main capital flow in the titanium dioxide concept sector showed a net outflow of 0.29 billion yuan, with five stocks experiencing net inflows, led by Longbai Group with a net inflow of 22.26 million yuan [2][3] - The net inflow ratios for leading stocks in the titanium dioxide sector were 9.41% for Annada, 6.71% for Longbai Group, and 6.32% for Huayun Titanium [3] Group 2 - The top stocks in the titanium dioxide concept sector based on capital flow included Longbai Group, Huayun Titanium, and Vanadium Titanium Co., with respective net inflows of 22.26 million yuan, 20.56 million yuan, and 13.66 million yuan [3][4] - Stocks such as Donghua Technology and Jinpu Titanium experienced significant net outflows, with -3.41% and -14.09% in net inflow ratios respectively [4]