证券代码：002895 证券简称：川恒股份 公告编号：2025-120 贵州川恒化工股份有限公司 非独立董事、副总裁离任暨选举职工董事的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 贵州川恒化工股份有限公司（以下简称公司）于 2025 年 9 月 18 日召开 2025 年第二次临时股东大会，审议通过《修订<公司章程>的议案》。根据修订后的 《公司章程》规定，公司董事会由 9 名董事组成，董事会成员中包括 1 名职工董 事，由公司职工通过职工代表大会、职工大会或者其他形式民主选举产生。 公司董事会于近日收到非独立董事、副总裁王佳才先生提交的辞职报告。因 工作安排，王佳才先生申请辞去公司非独立董事、副总裁职务，辞职后仍继续在 公司担任工程技术研究院院长一职。 公司于 2025 年 9 月 28 日召开职工代表大会，经全体与会职工代表表决，同 意选举王佳才先生担任公司职工董事。 一、非独立董事、副总裁离任情况 公司董事会于近日收到公司非独立董事、副总裁王佳才先生递交的辞职报告。 因工作安排，王佳才先生申请辞去公司非独立董事、副总裁职务。根据《公司法》 等法 ...

Group 1 - The article highlights the top 20 performing stocks in the S&P China A-Share Dividend Opportunities Index (CSPSADRP), with China National Foreign Trade Transportation Group (601598.SH) leading with a 7.44% increase and a year-to-date gain of 49.70% [1] - Other notable performers include Jinbei Electric (002533.SZ) with a 2.82% increase and a year-to-date gain of 25.39%, and Tianshan Aluminum (002532.SZ) with a 2.65% increase and a year-to-date gain of 46.52% [1] - The average dividend yield for the index constituents is reported at 5.12%, with the expected price-to-earnings ratio at 10.47 [2] Group 2 - The index consists of 100 stocks, and the data is sourced from the S&P Dow Jones Indices monthly report as of August 29, 2025 [2] - The article notes that the S&P Dividend ETF (562060) tracks the S&P China A-Share Dividend Opportunities Index, which was established on June 18, 2004, and published on September 11, 2008 [2]

Group 1 - The company, Chuanheng Co., Ltd. (002895), reported that as of September 19, 2025, it has 28,634 shareholders [1]

Core Viewpoint - The company is currently optimizing its production processes and aims to enhance capacity for its products, including purified phosphoric acid and anhydrous hydrofluoric acid, while there are no plans for new monoammonium phosphate production lines at this time [1] Group 1 - The Guangxi Pengyue company has gradually put into production its production units since 2022, with the wet-process phosphoric acid unit, calcium dihydrogen phosphate unit, and purified phosphoric acid unit reaching their designed capacities [1] - The anhydrous hydrofluoric acid is still in the process of technological optimization and capacity enhancement, with the company striving to achieve full production capacity as soon as possible [1] - Currently, there are no new production lines for monoammonium phosphate under construction in the company's ongoing projects [1]

Group 1 - The article highlights the top 20 stocks in the S&P China A-Share Dividend Opportunity Index, showcasing their performance in terms of daily increase, year-to-date increase, and dividend yield [1] - The stock with the highest daily increase is Jiufeng Energy (605090.SH) at 8.09%, with a year-to-date increase of 22.18% and a dividend yield of 3.51% [1] - Zhongchuang Zhiling (601 TASH) shows a remarkable year-to-date increase of 99.44%, despite a daily increase of 6.31% and a dividend yield of 4.62% [1] Group 2 - Other notable performers include Jiansheng Group (603558.2H) with a daily increase of 4.45% and a year-to-date increase of 1.78%, offering a dividend yield of 5.45% [1] - Kuka Home (603816.SH) has a daily increase of 4.03% and a year-to-date increase of 20.64%, with a dividend yield of 4.38% [1] - The list also includes companies like China Foreign Trade (601598.SH) with a year-to-date increase of 32.43% and a dividend yield of 4.17% [1]

证券代码：002895 证券简称：川恒股份 公告编号：2025-119 贵州川恒化工股份有限公司 监事会全体成员离任公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 贵州川恒化工股份有限公司（以下简称公司）（证券简称：川恒股份， 证券代码：002895）于 2025 年 9 月 18 日召开公司 2025 年第二次临时股 东大会，审议通过《取消监事会的议案》，本议案经股东大会审议通过后， 公司对治理结构进行调整，不再设置监事会，监事会全体成员陈明福先生、 饶林静先生、刘蕾女士离任，监事会的职权由公司董事会审计委员会行使。 截至本公告披露日，陈明福先生、饶林静先生、刘蕾女士均未持有公 司股份，离任后将继续遵守法律法规的相关规定；陈明福先生、饶林静先 生、刘蕾女士不存在应当履行而未履行的承诺事项。 在此，公司衷心感谢监事会全体成员在任职期间的审慎履职、辛勤付 出！ 特此公告。 贵州川恒化工股份有限公司 董事会 2025 年 9 月 23 日 ...

国浩律师（天津）事务所关于 贵州川恒化工股份有限公司 2025 年第二次临时 股东大会的法律意见书 致：贵州川恒化工股份有限公司 根据贵州川恒化工股份有限公司（以下简称"川恒股份"或"公司"）的委托， 国浩律师（天津）事务所（以下简称"本所"）就公司 2025 年第二次临时股东大 会（以下简称"本次股东大会"）所涉及的召集、召开程序、召集人资格和出席会 议人员的资格、本次股东大会的提案、表决程序及表决结果等相关问题发表法律 意见。 本法律意见书系根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《中华人民共和国证券法》《上市公司股东大会规则》《律师事务所从事证券法 律业务管理办法》及《贵州川恒化工股份有限公司章程》（以下简称"《公司章 程》"）的有关规定出具。 为出具本法律意见书之目的，本所经办律师（以下简称"本所律师"）列席了 本次股东大会，并依照现行有效的中国法律、法规以及中国证券监督管理委员会 （以下简称"中国证监会"）相关规章、规范性文件的要求和规定，对川恒股份提 供的与题述事宜有关的法律文件及其他文件、资料进行了审查、验证。同时，本 所律师还审查、验证了本所律师认为出具本法律意见书所必需审查 ...

证券代码：002895 证券简称：川恒股份 公告编号：2025-118 贵州川恒化工股份有限公司 2025 年第二次临时股东大会决议公告 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。 特别提示： 1、本次股东大会未出现否决议案的情形。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席的时间 1、会议召开的时间： 现场会议召开的时间为：2025 年 9 月 18 日（星期四）15:30。 网络投票的时间为：2025 年 9 月 18 日。其中，通过深圳证券交易所互联网 投票系统投票的时间为：2025 年 9 月 18 日 09:15-15:00；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 9 月 18 日 9:15-9:25、9:30-11:30 和 13:00-15:00。 2、现场会议召开地点：贵州省贵阳市南明区宝山南路 64 号蟠桃大厦 5 楼 5-4 号。 3、会议召开的方式：本次会议采用现场投票、网络投票相结合的方式召开。 4、会议召集人：贵州川恒化工股份有限公司董事会。 5、会议主持人：董事长段浩然。 ...

证券日报网讯 9月17日晚间，川恒股份发布公告称，公司控股子公司贵州恒昌新能源材料有限公司（简 称"恒昌新能源"）及瓮安县天一矿业有限公司（简称"天一矿业"）共同摘牌国有建设用地使用权事项， 已经公司第四届董事会第十一次会议审议通过。恒昌新能源、天一矿业已成功摘牌宗地，并于近日与瓮 安县自然资源局完成签署《国有建设用地使用权挂牌出让成交确认书》，出让的宗地面积为55， 587.00m²，总价款为19，177，515.00元。后续恒昌新能源、天一矿业将与瓮安县自然资源局签订相关 合同并支付价款，完成相关手续。 （文章来源：证券日报） ...

Investment Rating - The investment rating for the company is "Buy" with expectations of a stock price increase of over 15% relative to the industry index in the next six months [5][19]. Core Views - The company's performance in the first half of 2025 showed significant growth, with revenue reaching 3.36 billion and a year-on-year increase of 35.28%. The net profit attributable to shareholders was 536 million, up 51.54% year-on-year [1][2]. - The increase in net profit is attributed to the rise in both volume and price of key products such as calcium dihydrogen phosphate and monoammonium phosphate [2]. - The company is expanding its phosphate mining capacity, which is expected to enhance its resource advantages and support future growth [4][11]. Financial Performance Summary - Revenue projections for 2025-2027 are 69.57 billion, 79.59 billion, and 86.88 billion respectively, with net profits of 12.23 billion, 14.96 billion, and 17.59 billion [11]. - The company reported a gross margin of 31.16% in the first half of 2025, a decrease of 2.06 percentage points compared to the same period in 2024 [2]. - The company’s return on equity (ROE) is projected to increase from 12.5% in 2023 to 17.5% by 2027 [12]. Product Performance Summary - The revenue from phosphate products in the first half of 2025 was as follows: 955 million from phosphoric acid, 844 million from feed-grade calcium dihydrogen phosphate, and 715 million from monoammonium phosphate, with year-on-year increases of 27.66%, 33.22%, and 38.91% respectively [4]. - The gross margins for these products were 18.88%, 32.60%, and 44.57%, with changes of -9.53 percentage points, +4.89 percentage points, and +3.76 percentage points year-on-year [4]. Cash Flow and Financial Health Summary - The net cash flow from operating activities was -147 million in the first half of 2025, a decline of 199.53% year-on-year, primarily due to increased cash payments for raw materials [3]. - The company’s cash and cash equivalents at the end of the period were 1.631 billion, down 6.03% year-on-year [3]. - Accounts receivable increased by 44.88% year-on-year, with a turnover rate improvement from 9.54 times in 2024 to 10.10 times [3]. Technological and Competitive Advantages - The company has developed several proprietary technologies in phosphate mining and production, which are now applied in industrial production, enhancing its competitive edge [10]. - Collaborations with universities have led to advancements in environmentally friendly technologies, aligning with current environmental policies [10].