Industry Overview - The anthracene oil industry in China is undergoing deep transformation and structural differentiation due to stricter environmental policies, accelerated technological iterations, and adjustments in downstream demand structure [1][6] - In the first half of 2025, China's anthracene oil production was 1.5523 million tons, a year-on-year decrease of 1.25%, while consumption was 1.5622 million tons, down 0.26% [1][7] Market Dynamics - The price of coal tar, a core raw material for anthracene oil, experienced a sharp decline in the first half of 2025, leading to a loss of support for anthracene oil prices [8] - As of late June 2025, the price of anthracene oil was 3,455 yuan per ton, a year-on-year decrease of 21.89% [8] - The gross profit margin for the anthracene oil industry was -44.26 yuan per ton, a year-on-year decline of 133.21%, indicating a significant increase in losses compared to the same period last year [11] Key Enterprises - Shanxi Coking Coal, as a leading enterprise, has an annual coal tar processing capacity exceeding 2 million tons and ranks high in anthracene oil production [13] - The company has introduced French refining technology, achieving a purity of over 90% for refined anthracene, widely used in dye and pharmaceutical fields [15] - Yongdong Chemical focuses on high-quality carbon black products and fine processing of coal tar, with a sustainable circular industry model [17] Industry Trends - The green and low-carbon transition is accelerating, with carbon reduction technologies becoming a core driving force [19] - Technological upgrades are pushing for high-end applications, with breakthroughs in anthracene oil processing technology [20] - Market demand is diversifying, with emerging markets and differentiated strategies becoming key to overcoming challenges [22]

Market Overview - On August 6, the rubber sector rose by 2.28%, with Kexin Innovation leading the gains [1] - The Shanghai Composite Index closed at 3633.99, up 0.45%, while the Shenzhen Component Index closed at 11177.78, up 0.64% [1] Key Performers in Rubber Sector - Kexin Innovation (300731) closed at 47.12, up 19.99% with a trading volume of 296,500 shares and a transaction value of 1.345 billion [1] - Zhen'an Technology (300767) closed at 16.70, up 14.78% with a trading volume of 488,200 shares and a transaction value of 780 million [1] - Litong Technology (832225) closed at 21.83, up 7.96% with a trading volume of 83,300 shares and a transaction value of 177 million [1] - Fengmao Co., Ltd. (301459) closed at 49.87, up 5.41% with a trading volume of 50,900 shares and a transaction value of 252 million [1] Fund Flow Analysis - The rubber sector saw a net inflow of 146 million from institutional investors, while retail investors experienced a net outflow of 3.8161 million [2] - Kexin Innovation had a net inflow of 127 million from institutional investors, but a net outflow of 67.6904 million from speculative funds [3] - Zhen'an Technology recorded a net inflow of 70.9139 million from institutional investors, with a net outflow of 54.3564 million from speculative funds [3]

Market Overview - The rubber sector increased by 0.64% on August 5, with Kexin Innovation leading the gains [1] - The Shanghai Composite Index closed at 3617.6, up 0.96%, while the Shenzhen Component Index closed at 11106.96, up 0.59% [1] Stock Performance - Kexin Innovation (300731) closed at 39.27, up 6.42% with a trading volume of 274,300 shares [1] - Sanwei Equipment (831834) closed at 13.46, up 4.75% with a trading volume of 49,800 shares [1] - Sanwei Co. (603033) closed at 11.15, up 4.11% with a trading volume of 101,800 shares [1] - Black Cat Co. (002068) closed at 12.63, up 1.85% with a trading volume of 484,600 shares [1] - Lituo Technology (832225) closed at 20.22, up 1.51% with a trading volume of 19,000 shares [1] - Other notable stocks include Kelong New Materials (920098) and KQ Technology (871694), which also saw modest gains [1] Capital Flow - The rubber sector experienced a net outflow of 70.21 million yuan from institutional investors, while retail investors saw a net inflow of 54.43 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors are more active [2] Individual Stock Capital Flow - Kexin Innovation had a net inflow of 1.25 billion yuan from institutional investors, but a net outflow of 1.48 billion yuan from retail investors [3] - Other stocks like Haida Co. (300320) and Longxing Technology (002442) also showed varied capital flows, with some experiencing significant net outflows from institutional investors [3]

Core Viewpoint - Shanxi Yongdong Chemical Industry Co., Ltd. is responding to the second round of inquiry from the Shenzhen Stock Exchange regarding its application for a specific stock issuance, confirming compliance with safety regulations and detailing its production capabilities and quality control measures [1][2]. Compliance with Regulations - The company confirms that its production operations comply with national laws and regulations concerning hazardous chemicals, including obtaining necessary safety production licenses and adhering to safety management protocols [8][9]. - The company has established a safety management system and has not experienced any hazardous chemical safety incidents since January 1, 2022, as verified by local emergency management authorities [8][10]. Quality Control Measures - The company has implemented various safety management systems to ensure the quality control of hazardous chemical production, including specific protocols for handling and storage [10][11]. - A dedicated safety production committee oversees safety management, with specialized personnel responsible for quality control in hazardous chemical production [10][12]. Investment Project Details - The company is planning to invest in a "200,000 tons/year anthracene oil deep processing project," with relevant approval documents indicating compliance with environmental and energy efficiency standards [13][14]. - The project is expected to enhance the company's production capacity and align with market demands for high-quality carbon black products [23][25]. Market Demand and Product Applications - The demand for high-performance carbon black is increasing, particularly in the automotive and cable industries, driven by the growth of electric vehicles and the need for specialized applications [23][24]. - The company aims to utilize the produced decrystallized anthracene oil in its existing carbon black production lines, ensuring a stable internal supply and enhancing product quality [25][26]. R&D and Technological Capabilities - The company has invested significantly in R&D, developing core technologies for producing decrystallized anthracene oil, carbazole, and anthraquinone, ensuring production feasibility and quality [20][30]. - The production processes for these products are based on established technologies, allowing for efficient production and adaptation to market needs [31][32].

股票简称：永东股份 股票代码：002753 债券简称：永东转 2 债券代码：127059 山西永东化工股份有限公司 SHANXI YONGDONG CHEMISTRY INDUSTRY CO.,LTD. （山西省运城市稷山县稷山经济技术开发区振西大街东） 关于山西永东化工股份有限公司 申请向特定对象发行股票的第二轮审核问询函 之回复 保荐机构（主承销商） （北京市朝阳区建国路 81 号华贸中心 1 号写字楼 22 层） 二〇二五年七月 深圳证券交易所： 贵所《关于山西永东化工股份有限公司申请向特定对象发行股票的第二轮审 核问询函》（审核函〔2025〕120024 号）（以下简称"审核问询函"）已收悉。 根据贵所要求，山西永东化工股份有限公司（以下简称"永东股份"、"发 行人"或"公司"）与中德证券有限责任公司（以下简称"保荐机构"或"中德 证券"）、北京德恒律师事务所（以下简称"发行人律师"、"德恒律所"）、 立信会计师事务所（特殊普通合伙）（以下简称"申报会计师"或"立信会计师"） 等相关方对审核问询函所列问题进行了逐项核查，现回复如下，请予审核。 本审核问询函回复除特别说明外所有数值保留 2 位小数，若出 ...

公司将根据该事项进展情况及时履行信息披露义务，敬请广大投资者谨慎 决策，注意投资风险。 特此公告。 山西永东化工股份有限公司董事会 山西永东化工股份有限公司 关于向特定对象发行股票的第二轮审核问询函回复 的提示性公告 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。 山西永东化工股份有限公司（以下简称"公司"）于 2025 年 7 月 9 日收到 深圳证券交易所（以下简称"深交所"）出具的《关于山西永东化工股份有限 公司申请向特定对象发行股票的第二轮审核问询函》（审核函〔2025〕120024 号）（以下简称"《第二轮审核问询函》"）。 公司收到《第二轮审核问询函》后，按照要求会同相关中介机构就《第二 轮审核问询函》中提出的问题进行了认真研究和逐项落实，具体内容详见公司 与本公告同日在巨潮资讯网（http://www.cninfo.com.cn）披露的《关于山西永东 化工股份有限公司申请向特定对象发行股票的第二轮审核问询函之回复》的相 关文件。 公司本次向特定对象发行股票事项尚需通过深交所审核，并经中国证券监 督管理委员会（以下简称"中国证监会"）同意注册后方可 ...

Group 1 - The company received a second round inquiry letter from the Shenzhen Stock Exchange regarding its application for a private placement of shares on July 9, 2025 [1][2] - The inquiry letter indicates that the exchange has reviewed the company's application documents and has formed questions for further clarification [1] - The company will respond to the inquiry letter in collaboration with relevant intermediaries and will disclose the response through a temporary announcement [1] Group 2 - The issuance of shares to specific targets is subject to approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission, with uncertainty regarding the approval process and timeline [2] - The company commits to timely information disclosure based on the progress of this matter, urging investors to be aware of investment risks [2]

山西永东化工股份有限公司（以下简称"公司"）于 2025 年 7 月 9 日收到 深圳证券交易所（以下简称"深交所"）出具的《关于山西永东化工股份有限 公司申请向特定对象发行股票的第二轮审核问询函》（审核函〔2025〕120024 号）。深交所发行上市审核机构对公司向特定对象发行股票的申请文件进行了 审核，并形成了第二轮审核问询问题。 公司将按照上述问询函的要求，会同相关中介机构逐项落实并及时提交对 问询函的回复，回复内容将通过临时公告的方式披露，并在披露后通过深交所 发行上市审核业务系统报送相关文件。 公司本次向特定对象发行股票事项尚需通过深交所审核，并获得中国证券 监督管理委员会（以下简称"中国证监会"）同意注册后方可实施，最终是否 能通过深交所审核，并获得中国证监会同意注册的决定及其时间尚存在不确定 性。 | 证券代码：002753 | 证券简称：永东股份 | 公告编号：2025-042 | | --- | --- | --- | | 债券代码：127059 | 债券简称：永东转 2 | | 山西永东化工股份有限公司 公司将根据该事项进展情况，按照有关规定和要求及时履行信息披露义 务，敬请广大投资者注意 ...

Group 1 - The company, Yongdong Co., has been recognized as one of the 104 units in the 2025 Shanxi Province Doctor Innovation Station list, marking a significant step in enhancing industry-technology collaboration and driving technological upgrades [1][2] - The establishment of the Doctor Innovation Station aims to create a platform that connects "doctor teams + enterprise needs + industry frontlines," facilitating the transformation of scientific achievements and addressing talent shortages in the region [1][2] - Yongdong Co. has over 20 years of experience in the coal tar deep processing and high-performance carbon black industry, focusing on technological innovation as its core driving force [2] Group 2 - The company faces technical challenges in high-value utilization of coal tar and green carbon black preparation amid the push for carbon neutrality and industrial upgrades [2] - The Doctor Innovation Station is seen as a crucial tool for the company to access high-end intellectual resources and overcome technological bottlenecks [2] - The recognition is expected to enhance the company's collaboration with academic institutions and accelerate the conversion of scientific results from the laboratory to production lines, contributing to the high-end and green transformation of traditional industries in Shanxi Province [2]

Group 1 - *ST San Sheng (002742.SZ): The controlling shareholder Pan Xianwen's judicial auction of 32.2 million shares has been completed, with 30 million shares transferred, accounting for 6.94% of the total share capital. After the reduction, Pan Xianwen's shareholding ratio decreased from 24.20% to 17.26%, which will not lead to a change in company control [1] - Aike Co., Ltd. (300889.SZ): Shareholder Zhang Fengbin, holding over 5%, reduced his stake by 1% (1.67818 million shares) from May 13 to June 27, 2025, bringing his holding to 7.9902% [1] - Anlu Technology (688107.SH): The shareholder National Integrated Circuit Industry Investment Fund Co., Ltd. completed its reduction plan, selling 4.008493 million shares (1% of total share capital) from May 8 to June 30, 2025, with a total reduction amount of 109.36 million yuan, current holding ratio at 5.76% [1] Group 2 - Anshuo Information (300380.SZ): The controlling shareholder Shanghai Anshuo Technology Development Co., Ltd. and actual controllers reduced their stakes by 1.16% (1.599416 million shares), 0.94% (1.300187 million shares), and 0.65% (900,000 shares) respectively [1] - Baoming Technology (002992.SZ): Directors and management plan to reduce their holdings by a total of 0.0107%, 0.0714%, and 0.0107% over the next three months [2] - Beiyikang (870199.BJ): Employee shareholding platforms completed their reduction plans, selling 546,284 shares (0.8%) and 131,650 shares (0.19%) [2] Group 3 - Boyun New Materials (002297.SZ): Major shareholder Hunan Xiangtou High-tech Venture Capital Co., Ltd. reduced its stake by 406.74 million shares (0.71%) from June 5 to June 30, 2025, bringing its holding to 6.99% [2] - Dongwei Technology (688700.SH): Specific shareholder Xie Yulong completed a reduction plan, selling 574,857 shares (0.1927%) from June 4 to June 30, 2025, with a total reduction amount of 21.362156 million yuan, current holding ratio at 0% [2] - Fuzhi Environmental Protection (688335.SH): Major shareholder Deqing Junjie Enterprise Management Partnership plans to reduce up to 4.441035 million shares (3%) over the next three months [3] Group 4 - Gu Gao Technology (301510.SZ): Shareholder Beijing Equity Investment Development Management Center completed its reduction plan, selling 4.0001 million shares (1%) from June 5 to June 30, 2025, bringing its holding to 7.68% [3] - Guangbo Co., Ltd. (002103.SZ): Shareholder Ren Hangzhong reduced his stake by 156,440 shares (0.2928%), bringing his holding to 9.99999% [3] - Guoke Military Industry (688543.SH): Specific shareholders Yang Minghua and Chen Gonglin plan to reduce up to 2.08842 million shares (1%) and 3.789115 million shares (1.8143%) over the next three months [3] Group 5 - Guorui Technology (300600.SZ): Major shareholder Gong Ruiliang reduced his stake by 3.243209 million shares (1.1%) from June 27 to July 1, 2025, bringing his holding to 20.63% [4] - Hangzhou Thermal Power (605011.SH): Shareholder Huashi Investment plans to reduce up to 5.997 million shares (1.4989%) over the next three months [4] - Huaya Intelligent (003043.SZ): Executives plan to reduce their holdings by a total of 0.0132%, 0.0092%, and 0.0092% over the next three months [4]