Group 1 - The weight loss drug concept sector experienced a decline of 1.10%, ranking among the top declines in concept sectors, with notable declines from companies like Kexing Pharmaceutical, Yipinhong, and Ganli Pharmaceutical [1][2] - Among the 17 stocks that rose, Tainkang, *ST Sansheng, and Lanxiao Technology led with increases of 4.12%, 3.21%, and 2.31% respectively [1][2] - The weight loss drug sector saw a net outflow of 683 million yuan from main funds, with 33 stocks experiencing outflows, and 8 stocks seeing outflows exceeding 30 million yuan [2][4] Group 2 - Kexing Pharmaceutical had the highest net outflow of main funds at 116 million yuan, followed by Hanyu Pharmaceutical and Ganli Pharmaceutical with outflows of 112 million yuan and 109 million yuan respectively [2][4] - The stocks with the highest net inflow of main funds included Tainkang, Zhongsheng Pharmaceutical, and Changshan Pharmaceutical, with inflows of 34.43 million yuan, 23.74 million yuan, and 20.84 million yuan respectively [2][4] - The trading volume for Kexing Pharmaceutical was 7.99%, with a price drop of 14.19%, indicating significant trading activity despite the decline [3][4]

Investment Rating - The report rates the chemical industry as "Outperform" [2] Core Views - The industry has been significantly impacted by tariff-related policies and fluctuations in crude oil prices this year. Key areas to focus on in July include safety regulations, supply changes in the pesticide and intermediate sectors, performance fluctuations due to "export rush," the importance of self-sufficiency in electronic materials, and stable dividend policies in energy companies [2][12] Summary by Sections Industry Dynamics - In the week of June 30 to July 6, among 100 tracked chemical products, 25 saw price increases, 56 saw declines, and 19 remained stable. The average price of TDI increased by 7.02% week-on-week, while the average price of acrylic acid rose by 3.65% [11][36] Investment Recommendations - The report suggests focusing on safety regulations and supply changes affecting the pesticide and intermediate sectors, performance fluctuations from the first half of the year, the growing importance of self-sufficiency in electronic materials, and stable dividend policies in energy companies. Long-term investment themes include sustained high crude oil prices benefiting the oil and gas extraction sector, rapid development in downstream industries, and policy support for demand recovery [12][19] Key Products and Price Changes - TDI prices increased to 12,013 CNY/ton, while acrylic acid prices reached 7,100 CNY/ton, reflecting a 14.52% year-on-year increase. The average price of crude oil also saw slight increases, with WTI at 66.50 USD/barrel and Brent at 68.30 USD/barrel [11][35][36] Company Highlights - Satellite Chemical and Anji Technology are highlighted as "gold stocks" for July, with both companies showing strong revenue and profit growth in 2024. Satellite Chemical reported a revenue of 45.648 billion CNY, a 10.03% increase year-on-year, while Anji Technology achieved a revenue of 1.835 billion CNY, a 48.24% increase year-on-year [13][19]

Core Viewpoint - The company has announced its 2024 annual profit distribution plan, which includes a cash dividend of RMB 6.00 per 10 shares for all shareholders, with no stock dividends or capital reserve transfers [1][2][4]. Summary by Sections Shareholder Meeting Approval - The profit distribution plan was approved at the shareholder meeting held on May 19, 2025, with the base for distribution being the total share capital of 507,115,541 shares after excluding 550,000 shares repurchased [2][4]. Dividend Distribution Plan - The cash dividend of RMB 6.00 per 10 shares (including tax) will be distributed without stock dividends or capital reserve transfers. The total cash dividend amount will be adjusted if the total share capital changes before implementation [2][3]. Dividend Dates - The record date for the dividend is set for July 8, 2025, and the ex-dividend date is July 9, 2025 [3]. Dividend Recipients - The distribution will be made to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, as of the record date [3][4]. Adjustment of Convertible Bonds - Following the distribution, the conversion price of the company's convertible bonds (code: 123195) will be adjusted from RMB 60.28 to RMB 59.68 per share, effective from July 9, 2025 [4][5]. Consultation Information - For inquiries, shareholders can contact the company's securities department located in Xi'an, with specific contact details provided [5].

Group 1 - The company has announced an adjustment to the conversion price of its convertible bonds "蓝晓转 02" from 60.31 yuan/share to 60.28 yuan/share, effective from January 23, 2025 [6][7] - The company plans to distribute a cash dividend of 6.00 yuan for every 10 shares, without issuing new shares or increasing capital reserves, which will affect the conversion price [7][8] - The total number of shares after the latest adjustments will be 507,665,541 shares, with a cash dividend total of 304,269,324.60 yuan (including tax) [8][9] Group 2 - The conversion price will be further adjusted to 59.68 yuan/share after accounting for the cash dividend, effective from the specified date [9] - The company has issued a total of 5,460,645 convertible bonds, with a total issuance amount of 54,606.45 million yuan [1][2] - The company will follow the regulations set by the China Securities Regulatory Commission regarding the adjustment of conversion prices in response to changes in share capital and shareholder equity [2][3]

| 证券代码：300487 | 证券简称：蓝晓科技 | 公告编号：2025-032 | | --- | --- | --- | | 债券代码：123195 | 债券简称：蓝晓转 02 | | 西安蓝晓科技新材料股份有限公司 2024 年年度权益分派实施公告 本公司及全体董事会成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或者遗漏。 特别提示： 1.西安蓝晓科技新材料股份有限公司（以下简称"公司"）2024 年年度权益 分派方案为：以公司现有总股本 507,665,541 股剔除回购专用证券账户中已回购 股份 550,000 股后的股本 507,115,541 股为基数，向全体股东每 10 股派发现金股 利人民币 6.00 元(含税)，不送红股，不以资本公积金转增股本。即公司 2024 年 年度权益分派的股本基数为 507,115,541 股，实际现金分红总额为人民币 304,269,324.60 元（含税）。 按 总 股 本 折 算 的 每 10 股现金红利 = 实 际 现 金 分 红 总 额 / 总股本 *10=304,269,324.60 元/507,665,541*10=5.9934 ...

| 证券代码：300487 | 证券简称：蓝晓科技 | 公告编号：2025-033 | | --- | --- | --- | | 债券代码：123195 | 债券简称：蓝晓转 02 | | 西安蓝晓科技新材料股份有限公司 关于"蓝晓转 02"转股价格调整的公告 点后两位，最后一位四舍五入）： 派送股票股利或转增股本：P1= P0/（1+n）； 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.债券代码：123195，债券简称：蓝晓转 02 2.调整前转股价格：60.28 元/股 3.调整后转股价格：59.68 元/股 4.转股价格调整生效日期：2025 年 7 月 9 日 一、关于可转换公司债券转股价格调整的相关规定 经中国证券监督管理委员会（以下简称"中国证监会"）《关于同意西安蓝 晓科技新材料股份有限公司向不特定对象发行可转换公司债券注册的批复》（证 监许可〔2023〕628 号）同意注册，西安蓝晓科技新材料股份有限公司（以下简 称"公司"）向不特定对象发行可转换公司债券（以下简称"可转债"）5,460,645 张，每张面值为人民币 100 ...

关于 2025 年第二季度可转换公司债券转股情况公告 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.蓝晓转 02（债券代码：123195）转股期限为 2023 年 10 月 23 日至 2029 年 4 月 16 日，最新转股价格为人民币 60.28 元/股。 2.2025 年第二季度，共有 38 张"蓝晓转 02"完成转股（票面金额共计 3,800 元人民币），合计转为 62 股"蓝晓科技"股票（股票代码：300487）。 3.截至 2025 年第二季度末，公司剩余可转债为 5,459,660 张，剩余票面总金 额为 545,966,000 元人民币。 根据《深圳证券交易所创业板股票上市规则》和《深圳证券交易所上市公司 自律监管指引第 15 号——可转换公司债券》的有关规定，西安蓝晓科技新材料 股份有限公司（以下简称"公司"）现将 2025 年第二季度可转换公司债券（以下 简称"蓝晓转 02"）转股及公司总股本变化情况公告如下： 一、"蓝晓转 02"的基本情况 | 证券代码：300487 | 证券简称：蓝晓科技 | 公告编号：2025-03 ...

| 证券代码：300487 | 证券简称：蓝晓科技 公告编号：2025-030 | | --- | --- | | 债券代码：123195 | 债券简称：蓝晓转 02 | 西安蓝晓科技新材料股份有限公司 关于实施权益分派期间"蓝晓转 02"暂停转股的 提示性公告 本公司及全体董事会成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或者遗漏。 特别提示： 1.债券代码：123195，债券简称：蓝晓转 02 2.转股期限：2023 年 10 月 23 日至 2029 年 4 月 16 日 3.暂停转股时间：2025 年 7 月 1 日至 2024 年度权益分派股权登记日 4.恢复转股时间：2024 年度权益分派股权登记日后的第一个交易日 西安蓝晓科技新材料股份有限公司（以下简称"公司"）将于近日实施 2024 年度权益分派事宜，根据《深圳证券交易所创业板上市公司自律监管指南第 1 号 ——业务办理》及《西安蓝晓科技新材料股份有限公司向不特定对象发行可转换 公司债券募集说明书》中"转股价格的调整方式及计算公式"条款的规定（详见 附件），2025 年 7 月 1 日起至本次权益分派股权登记日止，"蓝晓 ...

证券代码：300487 证券简称：蓝晓科技 债券代码：123195 债券简称：蓝晓转 02 西安蓝晓科技新材料股份有限公司 向不特定对象发行可转换公司债券 受托管理事务报告 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜作出独立判断，而不应将本报告中的任何内容据以作为国信证券所作的承诺 或声明。在任何情况下，投资者依据本报告所进行的任何作为或不作为，国信证 券不承担任何责任。 1 第一节 本期债券情况 （2024 年度） 债券受托管理人 （注册地址：深圳市红岭中路 1012 号国信证券大厦 16-26 层） 二零二五年六月 重要声明 本报告依据《公司债券发行与交易管理办法》（以下简称《管理办法》）、 《西安蓝晓科技新材料股份有限公司（发行人）与国信证券股份有限公司（受托 管理人）签订的创业板向不特定对象发行可转换公司债券之受托管理协议》（以 下简称《受托管理协议》）、《西安蓝晓科技新材料股份有限公司创业板向不特 定对象发行可转换公司债券募集说明书》（以下简称《募集说明书》）、《西安 蓝晓科技新材料股份有限公司2024年年度报告》等相关公开信息披露文件、第三 方中介机构出具的专业意见等 ...

Core Viewpoint - The new materials industry is experiencing rapid growth, with significant opportunities arising from technological advancements, policy support, and the need for domestic production capabilities in response to international trade tensions [2][9][13]. Group 1: Industry Overview - The global new materials industry reached a value of $2.8 trillion in 2019, with a competitive landscape divided into three tiers: developed countries in the first tier, rapidly developing countries like China in the second tier, and emerging economies in the third tier [8][12]. - China's new materials industry generated a total output value of 6.4 trillion yuan in 2021, with an average annual growth rate of 23.1% from 2010 to 2021, and is projected to reach 7.5 trillion yuan in 2022 [9][10]. Group 2: Semiconductor Sector - The global semiconductor market was valued at $595 billion in 2021, with expectations to grow to $790 billion by 2026, driven by advancements in 5G and automotive electronics [3][16]. - The semiconductor materials market in China reached $11.9 billion in 2021, growing by 22.2% year-on-year, indicating a significant increase in domestic demand [31][32]. Group 3: Display Materials - The global OLED materials market is expected to grow from approximately $900 million in 2019 to about $2.6 billion by 2024, with a compound annual growth rate (CAGR) of 23.6% [4]. - Domestic companies like Wanrun and Ruile New Materials are leading suppliers in the liquid crystal and OLED material sectors, with significant market shares [4][15]. Group 4: New Energy Materials - The new energy sector is rapidly evolving, with key materials such as composite copper foil, conductive carbon black, and sodium battery materials expected to see substantial market growth [5][15]. - The market for photovoltaic materials is projected to reach 20 billion yuan by 2025, driven by increasing demand for solar energy solutions [15]. Group 5: Environmental Materials - Traditional chemical applications are witnessing upgrades, with domestic companies like Zhongchumai and Jianlong Weina capitalizing on opportunities in molecular sieves and lubricating oil additives [6][15]. - Aerogels, known for their exceptional insulation properties, are gaining traction in construction and electric vehicle markets, with companies like Chenguang New Materials entering this space [6][15].