山东道恩高分子材料股份有限公司 2025 年半年度报告 所有董事均已出席了审议本次半年报的董事会会议。 山东道恩高分子材料股份有限公司 2025 年半年度报告 作为以弹性体为特色的，绿色轻量化高分子复合新材料公司，道恩股份为客户提供弹 性体、改性塑料、色母粒、可降解材料、共聚酯解决方案。产品主要应用在汽车交通、家 电通讯、医疗卫生、航空航天、大消费、新能源等领域。道恩股份重视研发创新，打造了 动态硫化、酯化合成、氢化反应和塑化改性四大技术平台，构建了 1+2+9 的研发体系。道 恩股份以丰富的产品种类和技术研发、以及高质量的差异化产品满足客户的多样性需求， 努力为客户提供一站式材料解决方案。 2025 年 8 月 1 山东道恩高分子材料股份有限公司 2025 年半年度报告 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人于晓宁、主管会计工作负责人邹远勇及会计机构负责人(会计 主管人员)郑祖旭声明：保证本半年度报告中财务报告的真实、准确、完整。 本报告中所涉及的未来 ...

Market Performance - The Shanghai Composite Index rose by 0.13% to 3771.1 points, while the Shenzhen Component Index fell by 0.06% to 11919.76 points, and the ChiNext Index decreased by 0.47% to 2595.47 points. The STAR Market 50 Index increased by 0.09% to 1149.15 points. The total trading volume in the Shanghai and Shenzhen markets reached 24240.57 billion yuan [1]. Sector Movements - Digital currency concept stocks showed strong performance, with companies like Yuyin Co., Ltd. hitting the daily limit. The photovoltaic sector was also active, with companies such as Beibo Co., Ltd. reaching the daily limit [1]. Notable Stocks - Several stocks related to the photovoltaic sector, such as Shimao Energy and Zhangzhou Development, achieved daily limit gains due to factors like waste incineration power generation and state-owned enterprise reforms [6]. - Digital currency-related stocks like Tianrongxin and Sanwei Xinan also saw daily limit gains, driven by developments in digital currency and AI security [6]. Industry Insights - According to a report from CITIC Securities, central bank digital currencies (CBDCs) have advantages over traditional electronic payments, private cryptocurrencies, and stablecoins, including sovereign credit backing, strong scalability, good privacy, low costs, and fast transactions. The digital yuan possesses these advantages and has promising applications in programmability, smart contracts, cross-border payments, and promoting the internationalization of the yuan [7].

Group 1 - The titanium dioxide concept sector rose by 1.89%, ranking 6th among concept sectors, with 9 stocks increasing in value, including Zhongke Titanium and Daon Shares hitting the daily limit [1] - Notable gainers in the sector included Zhongke Titanium, which increased by 10.11%, Daon Shares by 10.02%, and Longbai Group by 1.90% [3] - The sector experienced a net inflow of 287 million yuan, with 7 stocks receiving net inflows, and Zhongke Titanium leading with a net inflow of 254 million yuan [2] Group 2 - The main stocks with significant net inflow ratios included Daon Shares at 56.31%, Zhongke Titanium at 17.43%, and Longbai Group at 6.62% [3] - The trading volume for Zhongke Titanium was 25,378.52 million yuan, while Daon Shares had a trading volume of 7,480.38 million yuan [3] - Decliners in the sector included Guocheng Mining, Huayun Titanium, and Anning Shares, with respective declines of 1.71%, 0.99%, and 0.86% [1][4]

格隆汇8月21日｜A股市场化工股强势，其中，杭州高新（维权）20CM涨停，江天化学涨超13%，中核 钛白（维权）、道恩股份、长鸿高科、美邦股份、阿科力10CM涨停，飞鹿股份涨超9%，博源化工、扬 农化工涨超6%。 | 代码 | 名称 | | 涨幅% ↓ | 总市值 | 年初至今涨幅%。 | | --- | --- | --- | --- | --- | --- | | 300478 | 杭州高新 | 1 | 19.98 | 25.03亿 | 119.31 | | 300927 | 江天化学 | | 13.78 | 47.55 Z | 100.62 | | 002145 | 中核钛白 | 1 | 10.11 | 187亿 | 16.14 | | 002838 | 道恩股份 | 1 | 10.02 | 124亿 | 121.65 | | 605008 | 长湾高科 | 1 | 10.00 | 103亿 | 33.58 | | 605033 | 美邦股份 | 来 | 10.00 | 32.14亿 | 98.54 | | 603722 | 阿科力 | 兼 | 9.99 | 51.30亿 | 27.96 | | 300 ...

（文章来源：证券日报） 证券日报网讯 8月18日晚间，道恩股份发布公告称，公司于2024年8月23日召开第五届董事会第十三次 会议和第五届监事会第八次会议，审议通过了《关于使用部分闲置募集资金暂时补充流动资金的议 案》，同意公司使用不超过人民币4，000万元（含本数）暂时闲置募集资金暂时补充流动资金，使用期 限自本次董事会审议通过之日起不超过12个月。截至2025年8月18日，公司已将上述用于暂时补充流动 资金的闲置募集资金全部归还至募集资金专用存储账户，使用期限未超过12个月。 ...

证券代码：002838 证券简称：道恩股份 公告编号：2025-099 山东道恩高分子材料股份有限公司 关于归还暂时补充流动资金的闲置募集资金的公告 山东道恩高分子材料股份有限公司董事会 2025 年 8 月 19 日 1 山东道恩高分子材料股份有限公司（以下简称"公司"）于 2024 年 8 月 23 日召开 第五届董事会第十三次会议和第五届监事会第八次会议，审议通过了《关于使用部分闲 置募集资金暂时补充流动资金的议案》，同意公司使用不超过人民币 4,000 万元（含本 数）暂时闲置募集资金暂时补充流动资金，使用期限自本次董事会审议通过之日起不超 过 12 个月。具体内容请详见披露于巨潮资讯网《关于使用部分闲置募集资金暂时补充 流动资金的公告》（公告编号：2024-102）。 根据公司资金使用安排，公司实际用于暂时补充流动资金的闲置募集资金金额为人 民币 4,000 万元。截至 2025 年 8 月 18 日，公司已将上述用于暂时补充流动资金的闲置 募集资金全部归还至募集资金专用存储账户，使用期限未超过 12 个月，并已将上述闲 置募集资金的归还情况通知了保荐机构及保荐代表人。 特此公告。 本公司及董事会全 ...

Investment Rating - The report maintains a "Recommended" rating for the basic chemical industry [1] Core Insights - The report highlights the price increases of lithium carbonate and photoinitiators, suggesting a potential recovery in the chemical industry driven by anti-involution trends [1] - The basic chemical sector has shown strong relative performance, with a 39.4% increase over the past 12 months compared to the 25.7% increase in the CSI 300 index [3] Summary by Sections Recent Trends - The report notes a decline in the Guohai Chemical Prosperity Index to 92.75 as of August 14, 2025, down 0.11 from August 7, 2025 [4] Investment Recommendations - Key opportunities identified include: 1. Low-cost expansion in companies such as Wanhua Chemical, Satellite Chemical, and others [5] 2. Improvement in industry prosperity for chromium salts, phosphate rock, and various chemical sectors [6] 3. Focus on new materials with high growth potential and low domestic substitution rates [7] 4. High dividend opportunities in state-owned enterprises like China Petroleum and Sinopec [8] Price Analysis of Key Products - Industrial-grade lithium carbonate price increased by 9.93% to 83,000 CNY/ton [10] - Photoinitiator (TPO) price rose by 5.56% to 95 CNY/kg [10] - Polyester filament price increased by 2.16% to 7,100 CNY/ton [10] Company Performance Tracking - Notable companies such as Zhenhua Co. reported a 10.17% increase in revenue for the first half of 2025 [13] - Wanhua Chemical's pure MDI price was reported at 17,900 CNY/ton, with a slight increase [11] Market Observations - The report indicates a potential inventory replenishment cycle in the chemical sector due to anticipated fiscal policy support in China and the US [29]

资金流向方面，今日主力资金净流入1094.08万元，占比成交额3.75%。其中，超大单净流入814.36万 元、占成交额2.79%，大单净流入279.72万元、占成交额0.96%，中单净流出流出1035.49万元、占成交 额3.55%，小单净流出58.59万元、占成交额0.2%。 道恩股份最新一期业绩显示，截至2025一季报，公司营业总收入12.86亿元、同比增长6.58%，归属净利 润4428.44万元，同比增长25.44%，扣非净利润3697.74万元，同比增长28.45%，流动比率1.718、速动比 率1.387、资产负债率48.87%。 金融界消息 截至2025年8月15日收盘，道恩股份（002838）报收于24.82元，上涨3.81%，换手率 2.82%，成交量11.86万手，成交金额2.92亿元。 天眼查商业履历信息显示，山东道恩高分子材料股份有限公司，成立于2002年，位于烟台市，是一家以 从事橡胶和塑料制品业为主的企业。企业注册资本44695.6862万人民币，实缴资本2181.8081万人民币。 公司法定代表人为于晓宁。 通过天眼查大数据分析，山东道恩高分子材料股份有限公司共对外投资了17家 ...

Core Viewpoint - The modified materials sector is experiencing explosive growth, with leading companies like Kingfa Technology, Plit, and Dawn achieving significant stock price increases of 60.62%, 38.33%, and 104.44% respectively, while Nanjing Julong has seen a remarkable 93.11% rise this year, attracting intensive institutional research [1][2]. Group 1: Market Performance - The modified plastics sector has seen substantial stock performance, with companies like Kingfa Technology and Nanjing Julong leading the way [1][2]. - The current market dynamics reflect a strong demand for modified materials, driven by their applications in advanced fields such as robotics and low-altitude economy [1][6]. Group 2: Industry Applications - The lightweight revolution in home appliances and automobiles is pushing modified plastics to the forefront of material upgrades, with significant growth in production and sales [3][4]. - In the home appliance sector, the implementation of the old-for-new policy has led to a 38.8% year-on-year increase in retail sales, with modified plastics being utilized for their antibacterial and environmental properties [3]. - The automotive industry's shift towards lightweight materials is creating new opportunities for modified plastics, with a 10% weight reduction in fuel vehicles improving energy efficiency by 6%-8% [4]. Group 3: Emerging Markets - The rise of humanoid robots and the low-altitude economy is opening new growth avenues for high-performance modified materials, with the humanoid robot market projected to reach 300 billion yuan by 2035 [6][7]. - The demand for modified materials in the drone sector is also expected to grow significantly, with over 317,000 civilian drones shipped in 2023 and a projected annual growth rate of 20% [6]. Group 4: Environmental Considerations - The modified materials industry is entering a transformative phase driven by environmental policies, with regulations mandating the use of recycled materials in products [8][9]. - Companies are adapting to these changes by integrating high-end recycled materials into their production processes, as seen with Kingfa Technology and Plit [8][9].

Group 1 - The core issue involves tax self-inspection results disclosed by two companies, Daon Co., Ltd. and Huason Pharmaceutical, due to discrepancies in the tax treatment of convertible bond interest expenses [1][3][7] - Daon Co., Ltd. needs to pay a total of 16.15 million yuan, which includes 11.87 million yuan in corporate income tax and 4.27 million yuan in late fees [3][4] - Huason Pharmaceutical is required to pay a total of 10.02 million yuan, comprising 7.17 million yuan in corporate income tax and 2.84 million yuan in late fees [1][7][8] Group 2 - Both companies confirmed that the tax payment issues do not involve prior accounting errors and will not require restatement of previous financial data [4][8] - The tax payments will impact the net profit attributable to shareholders for the year 2025, with Daon Co., Ltd. expecting a reduction of 16.15 million yuan and Huason Pharmaceutical anticipating a reduction of 10.02 million yuan [4][8] - The companies have emphasized their commitment to enhancing supervision and management of tax-related matters to protect the interests of shareholders [8]