证券代码：300121 证券简称：阳谷华泰 公告编号：2026-018 债券代码：123211 债券简称：阳谷转债 山东阳谷华泰化工股份有限公司 关于召开 2026 年第一次临时股东会的通知 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。 一、召开会议的基本情况 1、股东会届次：2026 年第一次临时股东会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所创业 板股票上市规则》《深圳证券交易所上市公司自律监管指引第 2 号—创业板上市公司 规范运作》等法律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2026 年 3 月 30 日 14:30 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2026 年 3 月 30 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投 票系统投票的具体时间为 2026 年 3 月 30 日 9:15 至 15:00 的任意时间。 5、会议的召开方式：现场表决与网络投 ...

山东阳谷华泰化工股份有限公司（以下简称"公司"）第六届董事会第二十 次会议通知已于2026年3月7日以专人及通讯方式送达全体董事，本次会议于2026 年3月13日在公司三楼会议室以现场与通讯表决相结合的方式召开。应参加会议 董事7名，亲自出席董事7名，其中独立董事3名，董事王文一、朱德胜、张洪民 以通讯表决的方式出席会议。会议由公司董事长王文博先生主持，公司高级管理 人员列席了会议，符合《中华人民共和国公司法》和《公司章程》的规定。 二、董事会会议审议情况 | 证券代码：300121 | 证券简称：阳谷华泰 | 公告编号：2026-014 | | --- | --- | --- | | 债券代码：123211 | 债券简称：阳谷转债 | | 山东阳谷华泰化工股份有限公司 第六届董事会第二十次会议决议公告 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、误导性陈述或重大遗漏。 一、董事会会议召开情况 会议以记名投票表决方式，审议并通过了如下议案。 （一）审议通过《关于使用部分闲置募集资金暂时补充流动资金的议案》 经审议，同意公司在不影响募投项目建设资金需求和募投项目正常进行的前 提下， ...

山东阳谷华泰化工股份有限公司 董事会 二〇二六年三月十一日 山东阳谷华泰化工股份有限公司（以下简称"公司"）于2025年3月12日召开 的第六届董事会第五次会议及第六届监事会第三次会议审议通过了《关于使用部 分闲置募集资金暂时补充流动资金的议案》，同意公司在不影响募投项目建设资 金需求和募投项目正常进行的前提下，使用部分闲置募集资金不超过10,000万元 暂时补充流动资金，使用期限自董事会审议通过之日起不超过12个月，到期后将 归还至募集资金专用账户。具体内容详见公司于2025年3月13日披露于巨潮资讯 网上的《关于使用闲置募集资金暂时补充流动资金的公告》(公告编号：2025-025)。 公司实际使用闲置募集资金99,998,454.25元暂时补充流动资金。 2026年3月10日，公司将上述用于暂时补充流动资金的99,998,454.25元全部 归还至公司募集资金专用账户，本次使用部分闲置募集资金暂时补充流动资金的 期限未超过12个月。公司已将上述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。 | 证券代码：300121 | 证券简称：阳谷华泰 | 公告编号：2026-013 | | --- | ...

Investment Rating - The report maintains a "Recommended" rating for the chemical industry [1][28]. Core Insights - The global chemical industry is entering a significant upward cycle driven by anti-involution and AI demand, with China's leading companies benefiting from solid cost and efficiency advantages. The industry is expected to see a substantial increase in free cash flow as capacity expansion slows, transforming companies from cash-consuming entities to cash-generating ones. The upcoming peak season for chemicals is anticipated to enhance profitability, making it crucial to focus on demand, value, and supply dynamics for investment opportunities [3][28]. Summary by Sections Recent Trends - As of March 5, 2026, the Guohai Chemical Prosperity Index stands at 99.35, reflecting a 5.16 increase from February 26, 2026 [1]. Performance Metrics - The basic chemical sector has shown a performance increase of 7.4% over the past month, 23.6% over the past three months, and 50.8% over the past year [4]. Investment Opportunities 1. **Value-Driven Opportunities**: Potential for increased dividend yields in sectors such as coal chemicals (e.g., Hualu Hengsheng, Luxi Chemical), oil refining (e.g., Hengli Petrochemical, Sinopec), pesticides (e.g., Yangnong Chemical), and potassium fertilizers (e.g., Salt Lake Industry) [3]. 2. **Supply-Driven Opportunities**: Focus on domestic anti-involution policies and European capacity exits, with key players including PTA/Polyester (e.g., Xinfengming, Tongkun), glyphosate and organosilicon (e.g., Xingfa Group), and industrial silicon (e.g., Hoshine Silicon) [6]. 3. **Demand-Driven Opportunities**: Highlighting sectors benefiting from large-scale opportunities, including gas turbines (e.g., Zhenhua Group), refrigerants (e.g., Juhua), and energy storage (e.g., Chuanheng) [6]. Key Companies and Earnings Forecasts - The report tracks several key companies with their respective earnings per share (EPS) forecasts for 2024 to 2026, indicating a positive outlook for many, including Dongfang Shenghong, Hubei Yihua, and Wanhua Chemical [29]. Market Observations - The report notes that geopolitical tensions, particularly in the Middle East, are likely to drive oil prices higher, benefiting companies like China National Petroleum and CNOOC, while also increasing costs for petrochemical products [9][13]. Price Trends - Recent price increases have been observed in various chemical products, including MDI and TDI, with significant upward movements in raw material costs due to geopolitical events [14][18]. Conclusion - The chemical industry is positioned for a favorable outlook, driven by structural changes in supply and demand dynamics, with a focus on companies that can leverage these trends for growth and profitability [28].

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。 | 证券代码：300121 | 证券简称：阳谷华泰 | 公告编号：2026-012 | | --- | --- | --- | | 债券代码：123211 | 债券简称：阳谷转债 | | 山东阳谷华泰化工股份有限公司 关于接受子公司担保的公告 一、担保情况概述 山东阳谷华泰化工股份有限公司（以下简称"阳谷华泰"或"公司"）因经 营需要，拟在中国银行股份有限公司阳谷支行（以下简称"中行阳谷支行"）申 请办理融资业务。为保证融资计划的顺利实施，公司全资子公司山东戴瑞克新材 料有限公司（以下简称"戴瑞克"）于 2026 年 3 月 1 日与中行阳谷支行签署了 《最高额保证合同》，就中行阳谷支行自 2026 年 3 月 1 日起至 2026 年 5 月 9 日期间对阳谷华泰享有的债权提供连带责任保证担保，所担保的最高债权本金余 额为人民币 5,000 万元。 上述接受担保事项已经戴瑞克内部程序审议通过，无需提交公司董事会、股 东会审议。 二、被担保人基本情况 1、被担保人名称：山东阳谷华泰化工股份有限公司 2、统一社会信 ...

| | | 证券代码：300121 证券简称：阳谷华泰 公告编号：2026-011 债券代码：123211 债券简称：阳谷转债 山东阳谷华泰化工股份有限公司 关于为全资子公司提供担保的进展公告 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。 一、本次担保基本情况 特此公告。 山东阳谷华泰化工股份有限公司 董事会 二〇二六年三月三日 山东阳谷华泰化工股份有限公司（以下简称"公司"）2025年8月27日召开 的第六届董事会第十三次会议审议通过了《关于为全资子公司提供担保的议案》， 同意为全资子公司山东戴瑞克新材料有限公司（以下简称"戴瑞克"）向金融机 构申请的总额不超过人民币30,000万元的综合授信额度提供连带责任保证担保； 同意为全资子公司山东阳谷华泰进出口有限公司向金融机构申请的总额不超过 人民币20,000万元的综合授信额度提供连带责任保证担保；同意为全资子公司山 东特硅新材料有限公司向金融机构申请的总额不超过人民币5,000万元的综合授 信额度提供连带责任保证担保。本次担保额度的有效期自董事会审议通过之日起 12个月。具体内容详见公司在巨潮资讯网披露的相 ...

Investment Rating - The report maintains a "Recommended" rating for the chemical industry [1] Core Insights - The report highlights the solid cost and efficiency advantages of leading Chinese chemical companies, which are entering a long-term upward performance phase. The recovery in demand is expected to sustain the improvement in the performance of supply-constrained sectors. The carbon emission control measures are likely to lead to a re-evaluation of the Chinese chemical industry, with capacity expansion slowing down significantly. This is expected to enhance free cash flow and potential dividend yields for companies, transforming them from cash-consuming entities to cash-generating ones. The report emphasizes the importance of demand, value, and supply in identifying investment opportunities [2][29] Summary by Sections Recent Trends - As of February 26, 2026, the Guohai Chemical Prosperity Index stands at 94.19, reflecting a slight increase of 0.22 from February 19, 2026 [1] Performance Analysis - The basic chemical sector has shown a performance increase of 6.0% over the past month, 26.1% over the past three months, and 52.2% over the past year, significantly outperforming the CSI 300 index [4] Investment Opportunities - **Value-Driven Opportunities**: Companies such as Hualu Hengsheng, Luxi Chemical, and Baofeng Energy are highlighted for their potential dividend rate increases [2] - **Supply-Driven Opportunities**: Companies like Xin Fengming and Tongkun Co. are noted for benefiting from domestic supply constraints and European capacity exits [6] - **Demand-Driven Opportunities**: The report identifies companies in sectors such as gas turbines, refrigerants, and energy storage as key beneficiaries of growing demand [6][7] Key Companies and Earnings Forecast - The report provides a detailed earnings forecast for various companies, indicating a positive outlook for firms like Dongfang Shenghong, Hubei Yihua, and Baofeng Energy, with expected earnings per share (EPS) growth in the coming years [30] Market Dynamics - The report discusses the impact of geopolitical tensions on oil prices, which are expected to rise, benefiting companies like China Petroleum and China National Offshore Oil Corporation. It also notes potential supply shortages in methanol and urea due to disruptions in Iranian production [10][11] Price Trends - Recent price movements include a significant increase in battery-grade lithium carbonate prices, which rose by 19.18% week-on-week, driven by supply constraints and demand recovery [14] Conclusion - The report concludes that the chemical industry is entering a favorable cycle, driven by supply-side constraints and increasing demand, making it an attractive investment area [29]

Group 1 - The core point of the article is that Yanggu Huatai has reported its shareholder count as of February 10, 2026, which stands at 31,334 households [2]

Investment Rating - The report maintains a "Positive" rating for the chemical industry [4][3]. Core Insights - The macroeconomic outlook for the chemical industry indicates a stable increase in oil demand due to global economic recovery and tariff adjustments, with Brent crude oil expected to remain in the range of $60-75 per barrel [4][5]. - The report highlights a potential spring boom in the chemical sector, driven by the success of domestic robotics showcased during the Spring Festival and favorable export conditions following tariff reductions [4][3]. - Investment opportunities are identified in various chains, including textiles, agricultural chemicals, and overseas real estate, with specific companies recommended for investment [4][3]. Industry Dynamics - Oil supply is tightening due to OPEC+ production delays and peak shale oil output, while demand is stabilizing with improved global economic conditions [5]. - The chemical industry is at a cyclical turning point, with downstream operations gradually resuming post-holiday, indicating a positive demand outlook for the year [4][3]. - The report notes that the Producer Price Index (PPI) for industrial products decreased by 1.4% year-on-year in January, while the manufacturing PMI recorded 49.3, indicating some volatility in manufacturing activity [7][4]. Investment Analysis - The report suggests a diversified investment strategy focusing on four key areas: textiles, agricultural chemicals, export chains, and beneficiaries of "anti-involution" policies [4][3]. - Specific companies to watch include those in the textile chain like Lu Xi Chemical and Tongkun Co., and in the agricultural chain like Hualu Hengsheng and Baofeng Energy [4][3]. - The report emphasizes the importance of self-sufficiency in key materials, particularly in semiconductor and panel materials, recommending companies such as Yake Technology and Ruilian New Materials [4][3].

Group 1 - The company, Yanggu Huatai, announced a total external guarantee amount of RMB 32 million, which accounts for 0.91% of the latest audited net assets [2] - The company provided a guarantee of RMB 12 million to its wholly-owned subsidiary, Shandong Daierke New Materials Co., Ltd., and RMB 20 million to another wholly-owned subsidiary, Shandong Yanggu Huatai Import and Export Co., Ltd. [2] - There are no guarantees provided to entities outside the consolidated financial statements, and there are no overdue external guarantees [2]