发明人：房连顺；董晓红；叶光华；林清；管丹；郝思珍；王世林；毕继 辉 证券代码：300610 证券简称：晨化股份 公告编号：2025-085 扬州晨化新材料股份有限公司 关于获得发明专利证书的公告 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。 扬州晨化新材料股份有限公司（以下简称"公司"）于近期获得一项由中 华人民共和国国家知识产权局颁发的发明专利证书，具体情况如下： 发明名称：一种用于聚氨酯用叔胺类催化剂连续合成的含 mor 分子筛组合 物及其制备方法 专利权人：扬州晨化新材料股份有限公司 地址：225800 江苏省扬州市宝应县曹甸镇镇中路 231 号 专利号：ZL 2022 1 1388603.4 授权公告号：CN 116139914 B 专利申请日：2022 年 11 月 08 日 授权公告日：2025 年 10 月 28 日 专利证书号：第 8405698 号 专利类型：发明专利 专利要点：本发明通过 mor 分子筛经过酸化，再使用硅烷杂化得到的新型 分子筛催化剂，并应用于连续制备聚氨酯用叔胺类催化剂的合成，提高了吗啉 的利用率，通过减少昂贵原料吗啉 ...

Core Viewpoint - Chenhua Co., Ltd. has recently received a patent certificate from the National Intellectual Property Administration for a new invention related to the continuous synthesis of tertiary amine catalysts used in polyurethane production [1] Group 1 - The patent is titled "A Molecular Sieve Composition Containing MOR and Its Preparation Method for Continuous Synthesis of Tertiary Amine Catalysts for Polyurethane" [1]

Core Viewpoint - Chenhua Co., Ltd. is a significant player in the fine chemical new materials sector in China, focusing on R&D, production, and sales of related products, with a strong technical and full industry chain advantage [1] Group 1: Business Performance - For Q3 2025, Chenhua's revenue was 653 million yuan, ranking 46th out of 79 in the industry, significantly lower than the top players, China National Chemical Corporation (35.716 billion yuan) and Hangyang Co., Ltd. (11.428 billion yuan) [2] - The main business revenue composition includes surfactants at 354 million yuan (81.58%), flame retardants at 48.15 million yuan (11.11%), and silicone rubber at 28.09 million yuan (6.48%) [2] - The net profit for the same period was 52.83 million yuan, ranking 41st in the industry, also trailing behind leading companies [2] Group 2: Financial Ratios - As of Q3 2025, Chenhua's debt-to-asset ratio was 27.72%, an increase from 24.72% year-on-year, but still below the industry average of 34.74% [3] - The gross profit margin for the period was 19.87%, slightly down from 19.97% year-on-year and below the industry average of 19.93% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 0.83% to 14,600, while the average number of circulating A-shares held per account decreased by 0.82% to 11,000 [5] - The company reported a revenue of 430 million yuan for H1 2025, a year-on-year decrease of 5.6%, while the net profit increased by 34% to 52 million yuan [5] Group 4: Leadership Compensation - The chairman and general manager, Yu Zizhou, received a salary of 546,300 yuan in 2024, a slight decrease from 549,400 yuan in 2023 [4]

Core Viewpoint - The announcement from Chenhua Co. indicates a trend of shareholder concentration, with a decrease in the number of shareholders and no current board members or executives having sold shares since 2024 [1] Group 1 - The number of shareholders decreased from 15,100 on June 30 to 14,600 on October 20, indicating a trend towards concentrated shareholding [1] - The company emphasizes that decisions regarding buying or selling shares are at the discretion of the shareholders, and it will continue to disclose the top ten shareholders in regular reports [1] - Since the beginning of 2024, no current directors or executives have engaged in share sales, suggesting confidence in the company's future [1]

Core Viewpoint - The company, Chenhua Co., announced the development of solid alkyl glycoside products and is focusing on promoting their use in the cosmetics sector [1] Group 1: Company Development - Chenhua Co. has a dedicated research and development team for alkyl glycosides consisting of 6 members [1] - The company has successfully transitioned its alkyl glycoside products from liquid to solid forms [1] Group 2: Product Applications - Alkyl glycosides are primarily used in various fields including daily chemicals, pesticides, firefighting, industrial cleaning, and cosmetics [1] - The company is intensifying efforts to promote the application of solid and granular alkyl glycosides in the cosmetics industry [1]

Core Viewpoint - The company emphasizes the importance of research and development (R&D) as a key driver for its growth, with a focus on various innovative projects aimed at enhancing product offerings and market applications [1] Current R&D Projects - The company is currently advancing several R&D projects, including: - Development of high-efficiency clean fire extinguishing agents (perfluoroketones) - New decolorization processes for alkyl glycosides - Continuous preparation methods for silicone oil - Development of anti-structural mixing silicone rubber - Low-odor flame retardants - Research on the emulsification stability of alkyl glycosides - Efficient catalysts for hydrophilic silicone oil modified by polyether - Improvement of biodegradability for phosphorus-containing wastewater - Control methods for ammonia water concentration from polyether amine by-products - Development of polyether for coarse-pore polyurethane [1] Future R&D Focus - The company plans to accelerate the R&D and industrialization of bio-based polyol products and bio-based degradable pressure-sensitive adhesives [1] - Additionally, the R&D department will enhance the promotion of existing products in new application areas, which is expected to yield annual benefits [1]

Core Viewpoint - The company reported a decline in sales for its polyether amine and flame retardant products compared to the same period last year, while other product categories showed varying performance [1] Group 1: Product Performance - Sales of polyether amine and flame retardant products decreased compared to the same period last year [1] - Sales of silicone oil and silicone rubber products experienced a slight increase [1] - Polyether and alkyl glycoside products saw a significant increase in sales compared to last year [1] Group 2: Production Capacity - The production capacity for polyether amine is 31,000 tons per year [1] - The production capacity for flame retardants is 34,800 tons per year [1] - The production capacity for silicone oil is 4,600 tons per year, and for silicone rubber, it is 8,500 tons per year [1] - The production capacity for polyether is 19,000 tons per year, and for alkyl glycosides, it is 35,000 tons per year [1]

Group 1: Project Development and Revenue Potential - The 35,000 tons/year alkyl glycoside project is expected to be completed by the end of 2025, with potential annual revenue increase of 200-400 million CNY after successful trial production [2] - The company has a dedicated R&D team of 6 members for alkyl glycoside products, which are primarily used in personal care, pesticides, firefighting, industrial cleaning, and cosmetics [2] Group 2: Raw Material Supply and Pricing Strategy - The company has a diversified supplier base for raw materials and closely monitors price fluctuations, maintaining safety stock based on industry trends and order conditions [3] - Price changes in raw materials are quickly passed on to downstream products, as most of the company's products are auxiliary agents [3] Group 3: Shareholder Activity and Stock Performance - The number of shareholders decreased from 15,100 on June 30 to 14,600 on October 20, indicating a concentration of shareholding, despite some major shareholders reducing their stakes [4] - No current directors or executives have sold shares since 2024, reflecting confidence in the company's future [4] Group 4: R&D Focus and Innovations - The company prioritizes R&D as a key driver for growth, with ongoing projects including the development of efficient fire extinguishing agents, new decolorization processes for alkyl glycosides, and various silicone and polyurethane innovations [5] - Future R&D will focus on bio-based polyols and biodegradable pressure-sensitive adhesives, alongside promoting existing products in new application areas [5] Group 5: Sales Performance and Capacity - Sales of polyether amines and flame retardants have declined compared to the previous year, with capacities of 31,000 tons/year and 34,800 tons/year respectively [6] - Sales of silicone and silicone rubber products have slightly increased, with capacities of 4,600 tons/year and 8,500 tons/year respectively; polyether and alkyl glycoside products have shown significant sales growth, with capacities of 19,000 tons/year and 35,000 tons/year respectively [6]

证券代码：300610 证券简称：晨化股份 公告编号：2025-084 扬州晨化新材料股份有限公司 关于使用自有闲置资金进行现金管理的进展公告 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。 扬州晨化新材料股份有限公司（以下简称"晨化股份"或"公司"）于 2025 年 5 月 13 日召开 2024 年度股东会，会议审议通过了《关于使用自有闲置资金进行现金管理的议案》， 同意公司及子公司在确保不影响正常运营的情况下，使用不超过 120,000 万元自有闲置资金 进行现金管理，期限为自 2024 年度股东会审议通过之日起至 2025 年度股东会召开之日止。 公 司 董 事 会 、 监 事 会 出 具 的 决 议 刊 载 于 2025 年 4 月 18 日 巨 潮 资 讯 网 （http://www.cninfo.com.cn）。根据上述决议，近日公司使用自有闲置资金购买了 1,000 万元的理财产品。现将具体情况公告如下： | 序 | 资金来 | | | 金额 | 产品 | 产品 | | 产品 | | 预期 年化 | | --- | --- | --- | -- ...

Core Insights - The company, Chenhua Co., Ltd. (300610), reported a significant decline in its third-quarter results primarily due to tax payments and late fees, as well as a slight decrease in gross profit [1] Group 1 - The main reason for the substantial drop in the third-quarter report is the company's and its subsidiaries' payment of back taxes and penalties [1] - There was a slight decline in gross profit during the same period, contributing to the overall decrease in financial performance [1]