证券代码：002637 证券简称：赞宇科技 公告编号： 2025-054 赞宇科技集团股份有限公司 一、 会议以 9 票同意、0 票弃权、0 票反对，审议通过《2025 年第三季度 报告》； 经审阅公司编制的 2025年第三季度报告，董事会认为：公司编制《2025年 第三季度报告》的程序符合法律、行政法规和中国证监会的规定，报告内容真实、 准确、完整地反映了上市公司的实际情况，未发现参与2025年第三季度报告编制 和审议的人员有违反保密规定的行为。 本董事会及董事会全体成员保证2025年第三季度报告所载内容真实、准确、 完整，不存在任何虚假记载、误导性陈述或重大遗漏，并对其内容的真实性、准 确性和完整性承担个别及连带责任。 公司董事会审计委员会 2025 年第四次会议审议通过了本次议案。 关于本议案，详见巨潮资讯网（www.cninfo.com.cn）《2025年第三季度报 告》及《证券时报》公告。 特此公告！ 赞宇科技集团股份有限公司 第七届董事会第二次会议决议公告 本公司及董事会全体人员保证公告内容真实、准确和完整，并对公告中的 虚假记载、误导性陈述或者重大遗漏承担责任。 赞宇科技集团股份有限公司（以下简 ...

Financial Performance - The company's revenue for Q3 2025 reached ¥3,122,922,931.73, representing a year-on-year increase of 6.22% and a cumulative increase of 27.92% for the year-to-date period[5] - Net profit attributable to shareholders for Q3 2025 was ¥53,541,883.08, an increase of 83.15% compared to the same period last year, with a year-to-date net profit of ¥150,740,861.68, up 24.96%[5] - The basic earnings per share for Q3 2025 was ¥0.12, reflecting a 71.43% increase year-on-year, while the diluted earnings per share also stood at ¥0.12[5] - Total operating revenue for the current period reached ¥9,675,516,607.65, an increase of 28.0% compared to ¥7,563,789,138.83 in the previous period[22] - Net profit for the current period was ¥129,105,050.42, representing a 16.0% increase from ¥110,363,433.82 in the previous period[23] - Basic and diluted earnings per share were both CNY 0.33, an increase from CNY 0.28 in the previous period[24] Assets and Liabilities - Total assets as of September 30, 2025, amounted to ¥8,393,972,696.98, marking a 5.88% increase from the end of the previous year[5] - The company's total assets increased to ¥8,393,972,696.98, compared to ¥7,927,998,790.26 in the previous year, reflecting a growth of 5.9%[21] - Current liabilities rose to ¥3,973,767,414.90, up 22.9% from ¥3,234,031,226.80 in the prior year[21] - The company's total equity stood at ¥3,792,490,438.97, slightly down from ¥3,806,413,111.34 in the previous year[21] - The company's total liabilities increased, with short-term borrowings rising by 25.55% to ¥1,828,069,160.55, driven by increased financing needs for operations[9] Cash Flow - The company's cash flow from operating activities for the year-to-date period was ¥621,806,204.89, an increase of 40.31% compared to the same period last year[10] - The net cash flow from operating activities was CNY 621,806,204.89, an increase from CNY 443,158,693.71 in the previous period, reflecting a growth of approximately 40.3%[26] - The net cash flow from investing activities was negative at ¥340,549,764.59, a decline of 101.17% year-on-year, primarily due to increased project construction expenditures[10] - The net cash flow from investing activities was -CNY 340,549,764.59, worsening from -CNY 169,288,487.72 in the previous period[26] - The net cash flow from financing activities was -CNY 217,116,523.36, an improvement compared to -CNY 292,458,266.22 in the previous period[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 21,383[12] - The largest shareholder, Henan Zhengshang Enterprise Development Group Co., Ltd., holds 18.60% of shares, totaling 87,497,800 shares, with 62,000,000 shares pledged[12] - The company has repurchased a total of 12,017,400 shares, representing 2.55% of the total share capital, as of September 30, 2025[14] - The company plans to repurchase shares at a price not exceeding RMB 13.99 per share, with a total repurchase fund of no less than RMB 100 million and no more than RMB 200 million[16] - The highest repurchase price recorded was RMB 10.99 per share, with a total transaction amount of RMB 39,767,364.92[17] Research and Development - Research and development expenses for the year-to-date period were ¥86,082,928.34, a 26.34% increase compared to the same period last year, indicating a focus on innovation[10] - Research and development expenses increased to ¥86,082,928.34, a rise of 26.3% compared to ¥68,133,251.20 in the prior period[23] Other Financial Metrics - Accounts receivable increased by 65.37% to ¥772,264,530.20 due to revenue growth, while other receivables decreased by 26.00% to ¥317,532,035.50 due to debt restructuring[9] - Accounts receivable increased to RMB 772,264,530.20 from RMB 466,984,661.96, indicating a significant rise in credit sales[19] - The company has also seen an increase in other receivables, which amounted to RMB 317,532,035.50, down from RMB 429,086,236.55[19] - The company reported an investment loss of ¥12,459,607.65, worsening from a loss of ¥6,465,191.19 in the previous period[23] - The total comprehensive income for the period was CNY 31,976,408, compared to CNY 122,212,723 in the previous period[24] - The company received CNY 108,583,687.40 in tax refunds, compared to CNY 65,118,706.21 in the previous period, marking a 66.7% increase[26] - The cash inflow from investment activities totaled CNY 19,516,325.62, significantly higher than CNY 6,391,339.35 in the previous period[26] - The total cash and cash equivalents at the end of the period were CNY 246,081,941.77, down from CNY 561,856,905.39 in the previous period[27] - The cash and cash equivalents at the end of the period were not disclosed but are critical for assessing liquidity and operational flexibility[21]

Company Summary - Zanyu Technology (SZ 002637) announced on October 24 that shareholder Fang Yinjun has pledged 7.1 million shares to Bank of China International Securities, representing 29.83% of his total holdings [1][1][1] - As of the announcement date, Zanyu Technology has a market capitalization of 5.2 billion yuan [1][1][1] Industry Summary - For the first half of 2025, Zanyu Technology's revenue composition is as follows: 52.21% from the oil and fat chemical industry, 45.59% from daily chemicals, 1.75% from trade and other businesses, and 0.45% from processing services [1][1][1]

| 股 | 是否为控股 | | | 占公司 | 是否为限售 | 是否为 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 东 | 股东或第一 | 本次质押 | 占其所持 | 总股本 | 股（如是， | 补充质 | 质押起 | 质押到 | 质权人 | 质押用 | | 名 | 大股东及其 | 数量(股) | 股份比例 | 比例 | 注明限售类 | 押 | 始日 | 期日 | | 途 | | 称 | 一致行动人 | | | | 型） | | | | | | | 方 银 | | | | | | | 2025-1 | 2026-1 | 中银国 际证券 | 个人融 | | | 否 | 7,100,000 | 29.83% | 1.51% | 否 | 否 | 0-22 | 0-21 | 股份有 | 资需要 | | 军 | | | | | | | | | 限公司 | | 1、本次股份质押的基本情况 2、股东股份累计质押的基本情况 注:"股份限售和冻结数量"中的限售股份为高管锁定股。 证券代码：002637 证券简称： ...

Core Viewpoint - The governance of "involution" competition in China is deepening, with policies aimed at accelerating the elimination of outdated capacity in the chemical industry, promoting high-quality development by concentrating resources on leading companies with technological advantages and cost control [1] Industry Summary - The global surfactant market is expected to reach sales of $32.97 billion in 2025 and $39.36 billion in 2031, with a CAGR of 3.00% from 2025 to 2031 [2] - The market is witnessing a trend where downstream companies are increasingly selective in choosing suppliers, favoring larger, reputable companies with high-quality products, leading to a more optimized competitive landscape [2] Company Summary - Zanyu Technology (002637.SZ) operates a dual business model of surfactants and oil chemical products, with surfactants being the core business and oil chemical products serving as the growth driver [2] - The company has established a strong position in the domestic AES market, with a market share of 34.91% in 2024, producing 371,300 tons and achieving a sales volume of 372,700 tons [4] - Zanyu Technology has a palm oil production base in Indonesia, providing advantages in procurement costs, convenience, and production efficiency, enhancing its profitability [3][4] - The company is developing an integrated supply chain model that combines surfactant production with OEM/ODM services for daily chemical products, aiming to reduce costs and enhance market competitiveness [3]

Core Insights - The demand for Alkyl Ether Sulfate (AES) is rapidly increasing due to the growth of downstream markets such as detergents and personal care products, with a projected demand of 800,600 tons and a market size of 7.414 billion yuan in 2024 [1][6][7] Overview - AES, also known as Ethoxylated Alkyl Sulfate, is a modified product derived from nonionic surfactant Alkyl Ethoxylate (AEO) through sulfonation and neutralization, possessing both nonionic and anionic surfactant properties [2][3] Market Policies - Recent policies in China aim to guide the AES industry towards green and sustainable development, including initiatives for high-quality development in the petrochemical sector and standards for quality enhancement [4] Industry Chain - The AES industry chain includes upstream suppliers of raw materials like AEO and sulfurizing agents, midstream AES production companies, and downstream markets such as household detergents and personal care products [4][5] Demand Structure - The largest consumer market for AES is household detergents, accounting for 60% of the total demand in 2024, driven by urbanization and increasing population [5][6] Competitive Landscape - The AES market in China is highly concentrated, with leading companies like Licheng Industrial and Zanyu Technology holding a combined market share of 61.46% in 2024, with Zanyu Technology being the largest supplier [8][9] Company Analysis - Zanyu Technology is a leading high-tech enterprise specializing in surfactants and has projected revenues of 10.79 billion yuan in 2024, with surfactants contributing 41.71% of total revenue [8][9] - Licheng Industrial focuses on surfactants and cleaning products, expecting revenues of 3.649 billion yuan in 2024, with surfactant sales making up 92.55% of total revenue [8][9] Development Trends - The AES industry is expected to focus more on environmental sustainability, with an emphasis on biodegradable and low-toxicity products, as well as customization to meet diverse consumer needs [9]

Market Overview - As of October 16, the Shanghai Composite Index closed at 3916.23 points, with a change of +0.10% [1] - The Shenzhen Component Index closed at 13086.41 points, with a change of -0.25% [1] - The ChiNext Index closed at 3037.44 points, with a change of +0.38% [1] Trading Volume Analysis - 1928 stocks saw an increase in average transaction volume, with 38 stocks experiencing a rise of over 50% [1] - 2634 stocks reported a decrease in average transaction volume [1] - Notable stocks with significant increases in average transaction volume include Zanyu Technology, Ruineng Technology, and Aotexun [1] Active Stocks - 12 stocks showed both average transaction volume and transaction count increases exceeding 50% [1] - Top performers in terms of daily price change and transaction volume include: - Zanyu Technology: +9.97% with an average transaction volume increase of 188.61% [1] - Ruineng Technology: +9.99% with an average transaction volume increase of 157.18% [1] - Aotexun: +9.97% with an average transaction volume increase of 150.51% [1] Transaction Count Insights - Stocks with significant increases in transaction count include: - ST Erya: +0.60% with a transaction count increase of 3263.41% [1] - *ST Wanfang: +5.07% with a transaction count increase of 1490.95% [1] - Yuanda Intelligent: +2.09% with a transaction count increase of 876.10% [1]

Core Viewpoint - Zanyu Technology announced that its board of directors received a notification from Mr. Gu Keren, who has completed the required training for independent directors organized by the Shenzhen Stock Exchange and obtained the certification from the Shenzhen Stock Exchange's Entrepreneur Training Center [2] Group 1 - Mr. Gu Keren participated in the online training for independent directors [2] - The training was conducted by the Shenzhen Stock Exchange [2] - Mr. Gu Keren received the Independent Director Training Certificate [2]

截至公司 2025 年第一次临时股东会通知发出之日，谷克仁先生尚未取得独 立董事资格证书。根据深圳证券交易所的相关规定，谷克仁先生已书面承诺参加 最近一次独立董事培训并取得深圳证券交易所认可的独立董事资格证书。 证券代码：002637 证券简称：赞宇科技 公告编号： 2025-051 赞宇科技集团股份有限公司 关于独立董事取得独立董事资格证书的公告 本公司及董事会全体人员保证公告内容真实、准确和完整，并对公告中的 虚假记载、误导性陈述或者重大遗漏承担责任。 赞宇科技集团股份有限公司（以下简称"公司"）于 2025 年 10 月 9 日召开 2025 年第一次临时股东会，审议通过了《关于董事会换届选举独立董事的议案》， 选举谷克仁先生为公司第七届董事会独立董事，任期自本次股东会审议通过之日 起三年。 近日，公司董事会收到谷克仁先生的通知，谷克仁先生已按规定参加深圳证 券交易所举办的上市公司独立董事任前培训（线上），并取得了由深圳证券交易 所创业企业培训中心颁发的《上市公司独立董事培训证明》。 特此公告！ 赞宇科技集团股份有限公司 董事会 2025 年 10 月 13 日 ...

Core Viewpoint - Zanyu Technology (002637) is positioned to benefit from rising palm oil prices due to its ability to pass on raw material cost increases to product prices, supported by strong sales growth in its surfactants and oil chemical products [1][2]. Company Performance - In the first half of 2025, Zanyu Technology achieved revenue of 6.553 billion yuan, a year-on-year increase of 41.71%, with surfactants and oil chemical products generating revenues of 2.987 billion yuan and 3.421 billion yuan, respectively, reflecting growth rates of 56.14% and 30.36% [1]. - The net cash flow from operating activities reached 517 million yuan, marking a significant year-on-year increase of 557.13%, indicating improved operational quality [1]. Strategic Initiatives - The company is enhancing operational resilience by refining supply chain management and optimizing inventory and procurement strategies to mitigate the impact of raw material price fluctuations [2]. - Zanyu Technology is expanding its market presence by focusing on the development and promotion of specialty functional products and enhancing foreign trade channels, leading to stable performance growth [2]. Production and Supply Chain - Zanyu Technology has established a modern production base in Jakarta, Indonesia, which allows it to secure palm oil raw materials more effectively, benefiting from favorable procurement prices and reduced transportation costs [2][3]. - The company has developed a dual-main business model in surfactants and oil chemical products, which allows for resource sharing and process synergy, thereby reducing intermediate costs and enhancing production efficiency [3]. Industry Outlook - The global surfactants market is projected to grow from $47.36 billion in 2024 to $70.13 billion by 2032, with a CAGR of 4.9%, while the oil chemical products market is expected to increase from $40.37 billion to $65.38 billion, with a CAGR of 6.3% during the same period [4]. - Zanyu Technology is well-positioned to capitalize on market expansion, with over ten modern production bases in Zhejiang, achieving an annual production capacity of over 1.2 million tons for surfactants and over 1 million tons for oil chemical products [4]. Competitive Advantage - The company is leveraging its comprehensive technology and production capacity to strengthen its competitive position in the surfactants and oil chemical products industry, aiming to build differentiated competitive barriers and sustain long-term growth potential [5].