浙江中欣氟材股份有限公司 执行委员会工作细则 （2025 年 8 月） 第一章 总 则 第一条 为规范浙江中欣氟材股份有限公司（以下简称"公司"）日常经营管 理行为，发挥集体智慧，建立更为科学、合理的集体决策机制，提高业务统筹和 执行能力，根据《中华人民共和国公司法》（以下简称《公司法》）《浙江中欣氟 材股份公司章程》（以下简称《公司章程》）及《上市公司治理准则》等相关规定， 公司设立执行委员会（以下简称"执委会"），并制定本工作细则。 第二条 执委会为公司常设机构，是公司为贯彻落实公司董事会确定的经营 方针和战略而设立的最高经营管理机构。执委会对董事会负责。 第三条 本细则适用于公司执委会所有成员。 第二章 人员组成 第四条 执委会成员共 5-11 名。执委会委员由董事长推荐和提名，董事会 聘任和解聘；执委会委员直接对执委会主任负责，向其汇报工作。 第五条 执委会设主任和副主任各 1 名，分别由董事长、总经理担任。执委 会实行主任负责制，在董事会议闭会期间，执委会主任负责召集和主持执委会， 对公司日常经营管理事项进行决策和管理。 第六条 执委会任期与董事会任期一致，委员任期届满，可连选连任。委员 如有下列情 ...

Group 1: Chemical and Oil Industry Performance - The chemical index and oil index experienced an overall increase last week, with the chemical raw materials index rising by 3.29%, the chemical machinery index by 0.78%, the chemical pharmaceuticals index by 0.04%, and the pesticide and fertilizer index by 1.90% [1] - In the oil sector, the oil processing index increased by 4.14%, the oil extraction index by 0.70%, and the oil trading index by 2.97% [1] - International crude oil prices showed a strong performance, with WTI settling at $63.66 per barrel, up 1.37% from August 15, and Brent settling at $67.73 per barrel, up 2.85% [1] Group 2: Market Performance of Chemical Companies - The top five performing chemical companies included Zhenan Technology with a rise of 53.11%, Feilu Co. with 33.16%, Qide New Materials with 30.05%, Honghe Technology with 23.25%, and Jinmei B shares with 21.35% [2] - The five chemical companies with the largest declines were Shangwei New Materials down 13.12%, Weike Technology down 10.89%, Xinya Qiang down 10.59%, Zhongxin Fluorine Materials down 10.38%, and Jiuding New Materials down 9.15% [2] Group 3: Commodity Price Changes - The top five products with the highest price increases included Vitamin B1 up 12.82%, Vitamin D3 up 7.14%, Paraquat up 6.56%, industrial-grade lithium carbonate up 4.90%, and propane up 4.84% [1] - The five products with the largest price decreases were liquid chlorine down 48.51%, hydrochloric acid down 8.29%, butyl rubber down 7.79%, methyl acrylate down 7.33%, and butyl acrylate down 6.13% [1]

天眼查商业履历信息显示，浙江中欣氟材股份有限公司，成立于2000年，位于绍兴市，是一家以从事化 学原料和化学制品制造业为主的企业。企业注册资本32546.8375万人民币，实缴资本32546.8375万人民 币。公司法定代表人为徐建国。 通过天眼查大数据分析，浙江中欣氟材股份有限公司共对外投资了8家企业，参与招投标项目26次，知 识产权方面有商标信息6条，专利信息86条，此外企业还拥有行政许可73个。 资金流向方面，今日主力资金净流出2992.18万元，占比成交额3.45%。其中，超大单净流入856.94万 元、占成交额0.99%，大单净流出3849.12万元、占成交额4.44%，中单净流出流入1271.98万元、占成交 额1.47%，小单净流入1720.20万元、占成交额1.98%。 中欣氟材最新一期业绩显示，截至2025中报，公司营业总收入7.74亿元、同比增长19.81%，归属净利润 541.20万元，同比增长123.40%，扣非净利润386.48万元，同比增长114.77%，流动比率0.826、速动比率 0.578、资产负债率53.36%。 金融界消息 截至2025年8月25日收盘，中欣氟材（0029 ...

Group 1 - The stock price of Zhongxin Fluorine Materials experienced fluctuations on August 20, opening at 29.07 yuan, reaching a high of 30.05 yuan, and a low of 28.25 yuan, ultimately closing at 28.77 yuan, a decrease of 2.84% from the previous trading day [1] - The total trading volume for the day was 1.204 billion yuan, with a turnover rate of 14.48% [1] - Zhongxin Fluorine Materials specializes in the research, production, and sales of fluorine fine chemicals, which are widely used in pharmaceuticals, pesticides, and new materials [1] Group 2 - The company is a significant supplier of fluorine intermediates in China, possessing technological advantages in its niche [1] - On August 20, there was a net outflow of 89.471 million yuan in main funds, with a cumulative net outflow of 470 million yuan over the past five trading days [1] - The stock exhibited rapid fluctuations during the trading session, with a rise of over 2% and a drop of over 2% within a 5-minute period in the morning session [1]

Investment Rating - The report maintains a rating of "B" for the new materials sector, indicating a leading position in the market [4]. Core Insights - The new materials sector has shown a significant increase, with the new materials index rising by 5.69%, although it underperformed compared to the ChiNext index, which increased by 2.89% [4]. - The report highlights the growth potential in the humanoid robotics sector, with the global humanoid robot market expected to grow from $2.16 billion in 2023 to $32.4 billion by 2029, representing a compound annual growth rate (CAGR) of 57% [8]. - PEEK materials are identified as having excellent performance characteristics, suitable for humanoid robots, with the domestic market for PEEK materials projected to reach 2.1 billion yuan by 2025, a year-on-year growth of 10.53% [8]. Market Performance - The new materials sector has experienced various performance metrics, with specific indices showing the following increases over the past five trading days: synthetic biology index up 1.53%, semiconductor materials up 4.27%, electronic chemicals up 6.77%, biodegradable plastics up 3.16%, industrial gases up 8.51%, and battery chemicals up 5.74% [20]. - The report also notes that the basic chemical and new materials sectors have both risen, with the CSI 300 index increasing by 2.37% and the Shanghai Composite Index by 1.7% during the same period [16]. Price Tracking - The report provides a weekly price tracking of various chemical raw materials, including amino acids, biodegradable plastics, industrial gases, electronic chemicals, vitamins, and high-performance fibers, indicating fluctuations in prices for specific items [5][11]. - For instance, the price of valine is reported at 13,450 yuan per ton, showing a decrease of 3.24%, while the price of arginine remains unchanged at 23,250 yuan per ton [5]. Investment Recommendations - The report suggests focusing on companies involved in PEEK material production and modification, such as Zhongxin Fluorine Materials, Zhongyan Co., and Kent Co. Additionally, it recommends monitoring functional protective casing manufacturers like Jundingda, which are essential for protecting internal wiring in humanoid robots [8].

Core Viewpoint - Zhongxin Fluorine Materials has reported significant improvements in its financial performance, achieving a revenue of 774 million yuan in the first half of 2025, marking a year-on-year growth of 19.81%, and turning a profit with a net profit of 5.41 million yuan, an increase of 123.40% compared to the previous year [1][2]. Group 1: Financial Performance - In the first half of 2025, Zhongxin Fluorine Materials achieved a revenue of 774 million yuan, representing a year-on-year increase of 19.81% [1][2]. - The company reported a net profit of 5.41 million yuan, indicating a turnaround from previous losses, with a growth of 123.40% year-on-year [1][2]. - The revenue from new materials and electronic chemicals reached 89.78 million yuan, accounting for 11.6% of total revenue, with a growth of 28.85% compared to the same period last year [3]. Group 2: Business Strategy and Market Position - Zhongxin Fluorine Materials focuses on the research, production, and sales of fluorine fine chemicals, establishing a complete industrial chain from fluorite mining to fine chemicals [2]. - The company is committed to enhancing its integrated industrial chain in the fluorine chemical sector, aiming to extend the "fluorite—fluorine fine chemicals—new materials" integrated industrial chain [5]. - The company plans to strengthen market promotion and order assurance in new materials, while also deepening innovation and research in fluorine new materials, fluorine energy, and fluorine electronic chemicals [5]. Group 3: Future Outlook and Expansion Plans - Zhongxin Fluorine Materials has announced plans to raise up to 226 million yuan through a private placement to fund the construction of new production projects, including 2000 tons of BPEF and 500 tons of BPF [4]. - The expansion project aims to meet the growing demand in the downstream market, particularly for high-performance optical materials [4]. - The company anticipates that the completion of the new projects will significantly increase its production capacity, particularly for BPEF, which is crucial for high-end optical resins and LCD screens [4].

Core Insights - The company Zhongxin Fluorine Materials (002915) reported a significant increase in revenue and net profit for the first half of 2025, with total revenue reaching 774 million yuan, a year-on-year increase of 19.81%, and a net profit of 5.41 million yuan, up 123.4% compared to the previous year [1] Financial Performance - Total revenue for the second quarter of 2025 was 418 million yuan, reflecting a year-on-year growth of 27.4% [1] - The gross profit margin improved to 15.82%, an increase of 42.17% year-on-year, while the net profit margin turned positive at 1.39%, up 147.37% from the previous year [1] - The company reported a significant increase in operating cash flow per share, which rose to 0.14 yuan, a 256.86% increase year-on-year [1] Expense Management - Total sales, management, and financial expenses amounted to 78.34 million yuan, accounting for 10.12% of revenue, which is a decrease of 6.71% year-on-year [1] - Sales expenses increased by 13.97% due to higher leasing and exhibition costs [5] - Financial expenses rose by 42.64% primarily due to increased bank loan interest [6] Asset and Liability Changes - Long-term equity investments decreased by 14.53% due to the recognition of investment income from a subsidiary [1] - The company’s receivables increased by 11.10% to 263 million yuan, indicating improved cash collection from sales [1] - Interest-bearing liabilities rose by 13.63% to 1.344 billion yuan, reflecting increased borrowing [1] Cash Flow Analysis - The net cash flow from operating activities increased by 255.67%, attributed to higher cash receipts from sales and reduced cash payments for goods [6] - The net increase in cash and cash equivalents was up 183.23%, driven by improved operating cash flow and increased interest-bearing liabilities [6] Investment and R&D - Research and development expenses surged by 99.23% due to new projects initiated by a subsidiary [6] - The company’s historical return on invested capital (ROIC) has been relatively low, with a median ROIC of 9.03% since its listing [6]

Investment Rating - The report provides a standard investment rating for the chemical industry, indicating a positive outlook for specific sectors within the industry [5]. Core Insights - The report highlights the impact of the explosion at Kanto Denka's facility in Japan, which is expected to create opportunities for domestic electronic gas suppliers as Kanto Denka holds a 90% market share in nitrogen trifluoride production in Japan [6][13]. - The first World Humanoid Robot Games held in Beijing is seen as a catalyst for the robotics industry's development, showcasing technological innovation and attracting talent [6][14]. - The report emphasizes the structural optimization of supply in the chemical sector, suggesting a focus on sectors with significant elasticity and competitive advantages, such as organic silicon and membrane materials [6][15]. Industry Performance - The report notes that during the week of August 11 to August 15, 2025, the CSI 300 index rose by 2.37%, while the Shenwan Basic Chemical Index increased by 2.46%, outperforming the market slightly [6][18]. - The top-performing sub-sectors included modified plastics (up 12.29%) and fluorochemicals (up 5.81%), while the worst performers were civil explosives (down 3.02%) and compound fertilizers (down 1.81%) [6][19]. Price Trends - Key products that saw price increases included hydrochloric acid (up 15.38%) and propylene (up 4.00%), while notable declines were observed in butanone (down 7.16%) and liquid ammonia (down 5.89%) [6][26]. - The report tracks price differentials, with significant increases in the propylene-propane differential (up 33.47%) and decreases in the bisphenol A-phenol differential (down 26.57%) [6][28]. Investment Recommendations - The report suggests focusing on sectors that may benefit from supply-side reforms, particularly organic silicon, membrane materials, and dye sectors, with recommended companies including Hoshine Silicon Industry and Zhejiang Longsheng [6][15]. - It also highlights the growing demand for health additives and sugar substitutes driven by new consumer trends, recommending companies that emphasize technological and product differentiation [6][16][17].

中欣氟材（002915.SZ）8月19日在投资者互动平台表示，公司预约的2025年半年度报告披露日期为2025 年8月19日。 （记者 王晓波） 每经AI快讯，有投资者在投资者互动平台提问：中报什么时候披露？ ...

Group 1 - The PEEK materials sector experienced a decline of 1.24% [1] - Notable declines included Xinhang New Materials down 5.76%, Zhongxin Fluorine Materials down 4.19%, and Weike Technology down 3.87% [1] - Other companies such as Guangqi Technology, Kaisheng New Materials, and Nanjing Julong also saw declines exceeding 2% [1]