三、业绩变动原因说明 1、今年上半年，在市场需求较好的背景下，公司把握市场机遇，充 分发挥柔性产能的优势，通过动态优化生产计划和产品结构，重点提升高 毛利产品占比，同时推进精细化成本管控，推动公司盈利能力进一步提升。 证券代码：300505 证券简称：川金诺 公告编号：2025-041 昆明川金诺化工股份有限公司 2025年半年度业绩预告 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。 一、 本期业绩预计情况 | 3、业绩预告情况表： | | --- | | 项目 | 本报告期 | | | 上年同期 | | | --- | --- | --- | --- | --- | --- | | 营业收入 | 营收：165,000 | 万元-185,000 | 万元 | 营收 | 136,343.88 万元 | | | 比上年同期上升：21.02%—35.69% | | | | | | 归属于上市司 | 盈利：16,800 | 万元—18,800 | 万元 | 盈利 | 6,660.01 万元 | | 股东的净利润 | 比上年同期上升：152.25%—182.28% | ...

Investment Rating - The report maintains a "Buy" rating for the leading companies in the phosphate chemical industry, particularly for Yunnan-based companies like Yuntianhua and Chuanjinnuo, based on their competitive advantages and growth prospects [70][73]. Core Insights - The phosphate chemical industry is experiencing a trend towards efficient and high-value utilization of phosphate resources, driven by the need for sustainable development and enhanced competitiveness across the entire industry chain [5]. - Yunnan Province is highlighted as a key area for phosphate resources in China, contributing approximately 25% of the national phosphate rock production in 2024, with a total output of 28.8 million tons [8][67]. - The report emphasizes the importance of expanding into high-value new materials such as lithium iron phosphate and lithium hexafluorophosphate, which are essential for the growing electric vehicle and energy storage markets [8][61][64]. Summary by Sections 1. Phosphate Chemical Industry Chain Overview - The phosphate chemical industry is a significant branch of basic chemicals, utilizing phosphate rock to produce various phosphate products, which are widely used in agriculture, food, and electronics [14]. - Phosphate rock prices have maintained a high level of prosperity since 2021, with market prices for 30% grade phosphate rock exceeding 1000 RMB/ton by the end of 2022 [29]. 2. Downstream Demand for Phosphate Rock - Approximately 70% of phosphate rock is used for fertilizers, with stable demand from the agricultural sector and increasing demand from new materials [34]. - The apparent consumption of phosphate rock in China is projected to reach 119 million tons by 2024, driven by steady agricultural product demand and rapid growth in the new energy sector [34]. 3. Yunnan Province Phosphate Chemical Situation and Related Companies - Yuntianhua is identified as a leading phosphate mining company in China, with a phosphate rock production capacity of 14.5 million tons per year, and is expected to see stable growth in its main products [70]. - Chuanjinnuo is expanding its operations with a new project in Egypt, which is expected to generate significant revenue and profit upon completion [73].

Market Overview - The Shanghai Composite Index rose by 0.32% on July 4, with 13 out of the 28 sectors experiencing gains, led by the banking and media sectors, which increased by 1.84% and 0.91% respectively [1] - The sectors that saw the largest declines were beauty care and non-ferrous metals, with decreases of 1.87% and 1.60% respectively [1] - The basic chemical industry ranked third in terms of decline today [1] Capital Flow Analysis - The net outflow of capital from the two markets was 21.74 billion yuan, with 8 sectors experiencing net inflows [1] - The computer industry had the largest net inflow of capital, totaling 2.81 billion yuan, despite a slight decline of 0.05% in its stock price [1] - The banking sector also saw a net inflow of 758 million yuan, with a daily increase of 1.84% [1] Basic Chemical Industry Performance - The basic chemical industry fell by 1.22%, with a total net outflow of 2.174 billion yuan [2] - Out of 401 stocks in this sector, 41 stocks rose, and 354 stocks fell, with 4 stocks hitting the daily limit down [2] - The top three stocks with the highest net inflow in the basic chemical sector were Huafeng Super Fiber (1.62 billion yuan), Dongcai Technology (1.39 billion yuan), and Limin Co., Ltd. (1.24 billion yuan) [2] Basic Chemical Industry Capital Inflow and Outflow - The top stocks with capital inflow included: - Huafeng Super Fiber: +1.83%, 16.59% turnover, 161.85 million yuan inflow - Dongcai Technology: +10.01%, 11.12% turnover, 138.64 million yuan inflow - Limin Co., Ltd.: +5.83%, 22.57% turnover, 124.30 million yuan inflow [2][3] - The top stocks with capital outflow included: - Dazhongnan: +2.55%, 38.91% turnover, -195.83 million yuan outflow - Wanhua Chemical: -0.86%, 0.72% turnover, -137.99 million yuan outflow - Yanhai Co., Ltd.: -2.43%, 0.88% turnover, -98.39 million yuan outflow [3]

Group 1 - The company has approved the investment in the Suez Phosphate Chemical Project in Egypt, which will produce 800,000 tons of sulfuric acid, 300,000 tons of industrial wet-process crude phosphoric acid, and 150,000 tons of other products annually [1] - The company plans to change the use of raised funds from a lithium iron phosphate precursor material project to the Suez Phosphate Chemical Project, pending approval from the upcoming shareholders' meeting [2] - The company has received necessary approvals from the Yunnan Provincial Development and Reform Commission and the Yunnan Provincial Department of Commerce for the overseas investment project [2]

证券代码：300505 证券简称：川金诺 公告编号：2025-040 近日，公司取得了云南省发展和改革委员会出具的《境外投资项目备案 通知书》（云发改外资备案〔2025〕0031 号）、云南省商务厅核发的《企业 1 境外投资证书》（境外投资证第 N5300202500053 号）。 昆明川金诺化工股份有限公司 关于对外投资建设川金诺（埃及）苏伊士磷化工项目暨 拟变更募集资金用途项目的进展公告 | 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。 | 一、对外投资概述 昆明川金诺化工股份有限公司（以下简称"公司"）分别于 2025 年 4 月 17 日、2025 年 5 月 8 日召开第五届董事会第十四次会议、2025 年第一次临时股 东大会审议通过了《关于对外投资建设川金诺（埃及）苏伊士磷化工项目的议案》， 同意公司在埃及建设年产 80 万吨硫磺制酸、30 万吨工业湿法粗磷酸、15 万吨 52%磷酸、30 万吨磷酸一铵、2 万吨氟硅酸钠项目（以下简称"磷化工项目"）。 具体内容详见公司于 2025 年 4 月 18 日在中国证监会指定的创 ...

Core Viewpoint - The company, Chuanjinnuo, has decided to redirect 455 million yuan of fundraising from two lithium iron phosphate projects to the Egypt Suez phosphate chemical project due to a significant shift in the competitive landscape of the new energy market [1][2]. Company Summary - Chuanjinnuo initially announced a 3.9 billion yuan investment to enter the lithium iron phosphate sector, leveraging its phosphate chemical industry chain advantages [1][2]. - The company reported a revenue of 721 million yuan and a net profit of 72.02 million yuan for Q1 2025, marking year-on-year increases of 24% and 253.41% respectively [1]. - The terminated projects include a 50,000 tons/year battery-grade lithium iron phosphate precursor project and a 100,000 tons/year battery-grade lithium iron phosphate project [1][2]. Industry Summary - The competitive advantage of lithium iron phosphate compared to traditional phosphate chemical products has diminished, leading to the decision to halt the projects [2][3]. - The technology for lithium iron phosphate has advanced significantly over the past three years, with the fourth generation of high-density products becoming the benchmark for high-end battery technology [3]. - The overall production capacity utilization in the lithium-ion battery cathode material industry has sharply declined, with a reported 34.9% year-on-year drop in total output value in 2024 [3]. - Major players in the industry, such as Hunan Youneng and Longpan Technology, have secured substantial orders, while new entrants struggle with high costs and lack of competitive edge [4][5].

Core Viewpoint - The article discusses the strategic shift of Chuanjinnuo from the new energy sector, specifically lithium iron phosphate, to traditional phosphate chemical projects, highlighting the company's decision to reallocate a significant portion of its raised funds to a phosphate project in Egypt due to changing market conditions and competitive pressures [1][2][7]. Group 1: Company Strategy and Financials - Chuanjinnuo announced a reallocation of approximately 4.55 billion yuan (65% of the total raised funds) from its lithium iron phosphate projects to the Suez phosphate chemical project in Egypt [1][4]. - The company has raised a total of 6.95 billion yuan through a private placement in 2023, but only 2.49 billion yuan has been invested in the original three projects as of June 19, 2025 [4][5]. - The decision to shift focus is based on a careful assessment of the current market dynamics and the company's long-term strategic planning [2][7]. Group 2: Market Conditions and Industry Trends - The lithium iron phosphate market is currently facing intense competition, with a supply surplus expected to persist until at least 2027, leading to downward pressure on prices [9]. - Chuanjinnuo's pivot to traditional phosphate chemicals is seen as a prudent move in light of the challenging market conditions for lithium iron phosphate, where many companies are pausing or halting their projects [8][9]. - The phosphate industry in Egypt is attractive due to its abundant resources, with proven reserves of nearly 3 billion tons, which can help optimize Chuanjinnuo's cost structure [8].

证券代码：300505 证券简称：川金诺 公告编号：2025-039 昆明川金诺化工股份有限公司 关于召开2025年第二次临时股东大会通知的公告 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。 一、召开会议的基本情况 1、会议届次：昆明川金诺化工股份有限公司 2025 年第二次临时股东大会。 2、会议召集人：公司董事会 3、会议召开的合法性、合规性：经公司第五届董事会第十五次会议审议，决定召开 2025 年第二次临时股东大会。本次股东大会会议的召开符合《中华人民共和国公司法》等相关法律、 行政法规、部门规章、规范性文件及《公司章程》的规定。 4、本次股东大会的召开时间： 网络投票时间：2025 年 7 月 11 日（星期五） （1）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 7 月 11 日上午 9:15-9:25、9:30-11:30;下午 13：00-15：00。 （2）通过深圳证券交易所互联网投票系统投票的具体时间为：2025 年 7 月 11 日上午 9:15 至下午 15:00 期间的任意时间。 5、会议召开方式：本次股东大会采 ...

证券代码：300505 证券简称：川金诺 公告编号：2025-037 昆明川金诺化工股份有限公司 第五届监事会第十二次会议决议之公告 本公司及监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。 表决结果：3 票赞成、0 票反对、0 票弃权、0 票回避。 公司结合募集资金现阶段的使用情况及公司的经营发展需求，经审慎研究和 综合评估，决定对募集资金用途进行变更。本次变更有利于更好地整合国内外资 源，优化资源配置，提升公司的整体运营效率，符合公司长远发展的需要，有利 于维护全体股东的利益。本次募集资金用途变更已经履行了必要的决策程序，符 合中国证监会、深圳证券交易所有关法律法规的规定，不存在损害公司和股东利 益的情形，监事会同意该议案。 具体内容详见公司于同日在中国证监会指定的创业板信息披露平台巨潮资 讯网上发布的《关于变更募集资金用途的公告》（公告编号：2025-038）。 本议案尚需提交公司 2025 年度第二次临时股东大会审议。 三、备查文件 1、《第五届监事会第十二次会议决议》。 特此公告。 1 一、监事会召开情况 昆明川金诺化工股份有限公司（以下简称"公司"）第五届监 ...

昆明川金诺化工股份有限公司 第五届董事会第十五次会议决议之公告 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。 一、董事会召开情况 证券代码：300505 证券简称：川金诺 公告编号：2025-036 董事会同意公司于 2025 年 7 月 11 日（星期五）下午 14:00 在昆明市呈贡区 乌龙街道办事处七彩云南第壹城 1#办公楼（双子星·天枢）55 层公司会议室召 昆明川金诺化工股份有限公司（以下简称"公司"）第五届董事会第十五次 会议于 2025 年 6 月 24 日在公司会议室召开，会议通知于 2025 年 6 月 20 日以 电子邮件、电话的方式送达。本次会议应到董事 7 人，实到董事 7 人。会议由董 事长刘甍先生主持，以现场书面记名投票和通讯表决结合的方式审议并通过以下 议案，本次会议的召集、召开符合《中华人民共和国公司法》及《公司章程》的 规定。 二、董事会会议审议情况 （一）审议通过《关于变更募集资金用途的议案》 表决结果：7 票赞成、0 票反对、0 票弃权、0 票回避。 董事会认为：本次变更募集资金用途有利于提高募集资金使用效率，同时符 合 ...