证券代码：002986 证券简称：宇新股份 公告编号：2025-055 广东宇新能源科技股份有限公司 第四届监事会第四次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或者重大遗漏。 一、会议召开情况 广东宇新能源科技股份有限公司（以下简称"公司"）第四届监事会第四次会 议于 2025 年 8 月 22 日在公司会议室召开，会议通知于 2025 年 8 月 12 日以通讯 方式发出，会议应出席监事 3 人，实际出席监事 3 人。会议由监事会主席聂栋良 先生召集并主持，董事会秘书胡锐先生列席了会议。本次会议的召集、召开符合 有关法律、法规和《公司章程》的规定。 二、会议审议情况 经与会监事审议及表决，审议并通过如下议案： 1、《<2025 年半年度报告>及摘要》 监事会认为：董事会编制的公司 2025 年半年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、完整地反映了公司的实际情况， 不存在任何虚假记载、误导性陈述或重大遗漏。 表决结果：3 票同意，0 票反对，0 票弃权。 相关内容详见公司在巨潮资讯网（http://www.cninfo ...

广东宇新能源科技股份有限公司 2025 年半年度报告全文 证券代码：002986 证券简称：宇新股份 公告编号：2025-052 广东宇新能源科技股份有限公司 2025 年半年度报告 2025.8.26 1 广东宇新能源科技股份有限公司 2025 年半年度报告全文 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。 公司负责人胡先念、主管会计工作负责人周丽萍及会计机构负责人(会计 主管人员)周丽萍声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本报告中涉及的未来计划、发展战略等前瞻性描述，不构成公司对投资者 的实质承诺，敬请投资者注意投资风险。 公司在本报告第三节"管理层讨论与分析"中"十、公司面临的风险和应 对措施"部分，详细描述了公司经营中可能存在的风险，敬请投资者关注相 关内容。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | | | | 第二节 | 公司简介和主要财务指标 9 | | --- | -- ...

证券代码：002986 证券简称：宇新股份 公告编号：2025-054 广东宇新能源科技股份有限公司 第四届董事会第五次会议决议公告 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、误导性陈述或者重大遗漏。 一、会议召开情况 3、《关于 2025 年半年度非经营性资金占用及其他关联资金往来情况的议案》 广东宇新能源科技股份有限公司（以下简称"公司"）第四届董事会第五次 会议通知于 2025 年 8 月 12 日以通讯方式发出，会议于 2025 年 8 月 22 日以现场 结合通讯方式在公司会议室召开，会议应出席董事 7 人，实际出席董事 7 人，其 中陈海波、杨朝合、熊政平、吴肯浩以通讯方式参加。会议由董事长胡先念先生 召集并主持，公司监事、高级管理人员等列席了本次会议。本次会议的召集、召 开符合有关法律、法规和《公司章程》的规定。经表决形成如下决议： 二、会议审议情况 与会董事经认真讨论并表决，审议并通过如下议案： 1、《<2025 年半年度报告>及摘要》 表决结果：7 票同意，0 票反对，0 票弃权。 相关内容详见公司在巨潮资讯网（http://www.cninfo.com.cn ...

Group 1 - The refining and trading sector increased by 1.7% on August 21, with Rongsheng Petrochemical leading the gains [1] - The Shanghai Composite Index closed at 3771.1, up 0.13%, while the Shenzhen Component Index closed at 11919.76, down 0.06% [1] Group 2 - On the same day, the refining and trading sector experienced a net outflow of 256 million yuan from main funds, while retail investors saw a net inflow of 288 million yuan [2] - Detailed fund flow data shows that China Petroleum (601857) had a net inflow of 40.26 million yuan from main funds, while China Petrochemical (600028) experienced a net outflow of 78.72 million yuan [2] - The table indicates varying net inflows and outflows across different companies, with notable retail inflows into companies like Guochuang High-tech (002377) and Yuxin Co., Ltd. (002986) [2]

Group 1 - The company has responded to investor inquiries regarding the production status of the million-ton MTBE project, indicating that the second phase of the light hydrocarbon comprehensive utilization project has entered trial production as of May 2025, with capacity currently ramping up [2]

Group 1 - The core viewpoint of the news is that Yuxin Co., Ltd. (宇新股份) has experienced a decline in stock price and significant changes in its financial performance as of the first quarter of 2025 [1][3] - As of August 19, 2025, Yuxin Co., Ltd. reported a stock price of 12.48 yuan, down 1.65%, with a turnover rate of 2.46% and a trading volume of 74,200 lots, amounting to 92.64 million yuan [1] - The company experienced a net outflow of main funds amounting to 16.39 million yuan, accounting for 17.7% of the transaction amount, with large orders seeing a net outflow of 14.35 million yuan [1] Group 2 - For the first quarter of 2025, Yuxin Co., Ltd. reported total operating revenue of 1.865 billion yuan, a year-on-year increase of 2.63%, while net profit attributable to shareholders was 35.03 million yuan, a decrease of 52.06% [1] - The company's current ratio is 1.202, quick ratio is 0.922, and debt-to-asset ratio is 51.43% [1] - Yuxin Co., Ltd. was established in 2009 and is primarily engaged in the manufacturing of chemical raw materials and products, with a registered capital of 3.835 billion yuan [1][2] Group 3 - Yuxin Co., Ltd. has made investments in 6 companies and participated in 8 bidding projects, along with holding 3 trademark registrations and 8 administrative licenses [2]

Group 1 - The core viewpoint of the report is a recommendation for Yuxin Co., Ltd. (002986.SZ) with a latest price of 12.48 yuan, based on several favorable market conditions [2] - The MTBE production facility with a capacity of 1.05 million tons is expected to enhance supply to the Southeast Asian market, with Singapore being a key export destination [2] - Domestic ketone prices have experienced significant fluctuations, while demand in the Indian market has shown notable growth [2] - Yuxin Co., Ltd. is recognized as one of the most important suppliers of anhydride in South China, with significant increases in exports from the Guangdong region [2]

Core Viewpoint - The report highlights significant growth in exports for multiple key products of Yuxin Co., Ltd. in the first half of 2025, suggesting that exports may become a new avenue for the company [1][2]. Export Performance - Yuxin Co., Ltd. saw substantial increases in export volumes for several products in the first half of 2025: - MTBE exports reached 1.5205 million tons, up 15.64% year-on-year - Butanone exports totaled 132,700 tons, up 18.95% year-on-year - Maleic anhydride exports were 109,800 tons, up 6.13% year-on-year [2][3][4]. Market Dynamics - The primary export destination for MTBE is Singapore, with the company’s 1.05 million ton ether facility expected to enhance supply to Southeast Asia. In Guangdong Province, MTBE exports increased by 32.86% to 155,000 tons in the first half of 2025 [2]. - The average price of MTBE in East China was approximately 5,507 RMB/ton, a decline of about 14.58% compared to the average price in 2024 [2]. Pricing and Demand Trends - Butanone prices have experienced significant fluctuations, with exports from Guangdong Province rising by 138.38% to 38,900 tons in the first half of 2025. The average price in East China was 7,303 RMB/ton, which increased to 7,998 RMB/ton in July 2025 before dropping to 7,100 RMB/ton by mid-August [3]. - The company can alleviate domestic price pressures by increasing exports to markets like India, where demand is growing significantly [3]. Profitability Forecast - Yuxin Co., Ltd. is recognized as a leading deep processing enterprise for C4 hydrocarbons, with a strong export advantage to Southeast Asia and South Asia. The projected net profits for 2025-2027 are estimated at 138 million, 408 million, and 546 million RMB, respectively, with corresponding EPS of 0.36, 1.06, and 1.42 RMB [4].

Investment Rating - The report maintains a "Recommended" rating for the company, indicating a positive outlook for future growth [4][6]. Core Views - The company has shown significant growth in exports across multiple key products in the first half of 2025, with notable increases in MTBE, butanol, and anhydride exports [1][4]. - The company is positioned as a leading player in the carbon four deep processing industry, with advantages in exporting to Southeast Asia and South Asia [4]. - Future profit forecasts for the company are optimistic, with projected net profits of 138 million, 408 million, and 546 million yuan for 2025, 2026, and 2027 respectively, translating to EPS of 0.36, 1.06, and 1.42 yuan [4][5]. Summary by Sections Export Performance - In the first half of 2025, the company exported 1.5205 million tons of MTBE, a year-on-year increase of 15.64%, and 132,700 tons of butanol, up 18.95% [1]. - The export of anhydride reached 109,800 tons, marking a 6.13% increase [1]. Market Dynamics - The company’s MTBE exports to Singapore reached 836,400 tons, a 10.97% increase, while exports to the UAE surged by 43.96% [2]. - The butanol market saw a significant increase in exports to India, with a year-on-year growth of 85.08% [3]. Financial Projections - The company’s revenue is expected to grow from 7.701 billion yuan in 2024 to 11.816 billion yuan in 2027, with a compound annual growth rate of 16.4% [5][10]. - The projected PE ratios indicate a favorable valuation, with 35 times for 2025 and decreasing to 9 times by 2027 [4][5].

Market Overview - The refining and trading sector experienced a decline of 0.55% on August 19, with Unified Corporation leading the drop [1] - The Shanghai Composite Index closed at 3727.29, down 0.02%, while the Shenzhen Component Index closed at 11821.63, down 0.12% [1] Stock Performance - Notable gainers in the refining and trading sector included: - Kangzhidun (603798) with a closing price of 13.75, up 10.00% [1] - Yucao Co. (002476) with a closing price of 5.15, up 4.46% [1] - Bohui Co. (300839) with a closing price of 15.34, up 2.82% [1] - Major decliners included: - Unified Corporation (600506) with a closing price of 22.21, down 3.18% [2] - Hengyi Petrochemical (000703) with a closing price of 6.05, down 2.10% [2] - Yuxin Co. (002986) with a closing price of 12.48, down 1.65% [2] Capital Flow - The refining and trading sector saw a net outflow of 391 million yuan from main funds, while retail investors contributed a net inflow of 240 million yuan [2] - The sector's capital flow details indicate: - Kangzhidun (603798) had a net inflow of 26.49 million yuan from main funds [3] - Unified Corporation (000819) had a net inflow of 20.99 million yuan from main funds [3] - Yucao Co. (002476) had a net inflow of 16.84 million yuan from main funds [3]