Market Overview - On September 25, the chemical raw materials sector declined by 0.68% compared to the previous trading day, with Jinpu Titanium Industry leading the decline [1] - The Shanghai Composite Index closed at 3853.3, down 0.01%, while the Shenzhen Component Index closed at 13445.9, up 0.67% [1] Stock Performance - Notable gainers in the chemical raw materials sector included: - Xinjinlu (000510) with a closing price of 5.46, up 5.00% and a trading volume of 781,400 shares [1] - ST Yatai (000691) with a closing price of 10.72, up 5.00% and a trading volume of 173,500 shares [1] - Satellite Chemical (002648) with a closing price of 19.04, up 1.82% and a trading volume of 405,500 shares [1] - Major decliners included: - Jinpu Titanium Industry (000545) with a closing price of 2.68, down 5.63% and a trading volume of 1,526,300 shares [2] - Zhongke Titanium White (002145) with a closing price of 5.45, down 5.55% and a trading volume of 1,557,900 shares [2] - Huiyun Titanium Industry (300891) with a closing price of 9.33, down 4.21% and a trading volume of 130,500 shares [2] Capital Flow - The chemical raw materials sector experienced a net outflow of 353 million yuan from institutional investors, while retail investors saw a net inflow of 116 million yuan [2] - The main capital flow for selected stocks showed: - Xinjinlu (000510) had a net inflow of 68.12 million yuan from institutional investors [3] - Jinpu Titanium Industry (000545) had a net inflow of 9.70 million yuan from institutional investors [3] - Satellite Chemical (002648) had a net outflow of 1.15 million yuan from retail investors [3]

Core Viewpoint - Guangdong Huiyun Titanium Industry Co., Ltd. has completed the registration procedures for the acquisition of 70% equity in Chenxiang Minerals, aiming to secure upstream titanium ore resources and enhance its competitive edge in the titanium dioxide industry [1] Group 1: Acquisition Details - The company has obtained the business license and registration notice from the Guangnan Market Supervision Administration for Chenxiang Minerals, which was announced as an acquisition in June [1] - Chenxiang Minerals is primarily engaged in the mining, processing, and sales of titanium ore, holding mining rights over an area of 3.2697 square kilometers in Guangnan, Yunnan Province [1] Group 2: Strategic Importance - The acquisition is part of the company's strategy to stabilize raw material supply, reduce procurement costs, and enhance sustainable development capabilities [1] - This move is a key step in the company's full industry chain strategy, linking mineral resources, titanium dioxide production, and customer applications [1] Group 3: Future Outlook - Following the acquisition, the company plans to integrate Chenxiang Minerals into its industry chain system and maximize the value of industrial integration through refined operational synergy [1] - With ongoing development of upstream mineral resources and further realization of industry chain synergies, the company is expected to gain a more advantageous position in the titanium dioxide industry [1]

Group 1 - The company held a performance briefing on September 19, focusing on its half-year results and engaging with investors through an online platform [1][2] - The management team included key personnel such as the General Manager, Deputy General Manager, and Financial Director, indicating a strong representation [2] - Investors raised questions regarding business transformation, automation in production, mineral development, and the company's performance amid market challenges [3] Group 2 - The company is cautious yet proactive about potential business transformation, particularly in the semiconductor sector, while maintaining a focus on its core titanium dioxide and fine chemical operations [3] - Automation is being gradually integrated into production processes, aligning with industry trends towards smart manufacturing [3] - The company completed the acquisition of a mineral development firm and is progressing with mining operations, while also exploring new energy business opportunities [3] Group 3 - The company reported a decline in net profit due to global economic conditions and increased competition, but has implemented measures to enhance efficiency and product quality [3] - There is no direct order from CATL, but the company has business ties in the upstream materials segment of the new energy industry [3] - The reduction in shareholding by major shareholders is attributed to personal financial needs and is not reflective of the company's operational outlook [3]

Group 1: Company Overview and Strategy - Huayun Titanium Industry has over 20 years of experience in the titanium dioxide and fine chemical sectors, focusing on production processes and circular economy operations [2][5] - The company is open to evaluating opportunities for transformation that align with its strategic goals and can create synergies [3] Group 2: Automation and Technology - The company has gradually introduced automation equipment in key production processes to enhance efficiency and ensure safety [4] - Future plans include exploring intelligent equipment applications to achieve higher operational efficiency and sustainability [4] Group 3: Mining and Resource Management - As of September 2025, the company completed the registration for the acquisition of Guangnan Chenxiang Mining, with mining procedures currently in progress [5] - The company is actively advancing exploration work related to its mining assets in Qinghe County, Xinjiang [8] Group 4: Market Position and Financial Performance - The company has not signed any direct orders with Ningde Times as of now [6] - The decline in net profit in the first half of the year is attributed to global economic conditions and intensified market competition, but the company has implemented measures to maintain production and sales growth [8] Group 5: Innovation and Digital Transformation - The company is gradually advancing digital transformation in its sales system to enhance communication with customers and improve operational efficiency [8] - There are currently no holdings in high-tech companies, but the company is focused on leveraging its core business advantages in the upstream materials segment of the new energy industry [7]

Core Viewpoint - Huiyun Titanium Industry stated that its subsidiary, Chenxiang Minerals, focuses on the mining, processing, and sales of titanium ore, which is not classified as a rare metal. Titanium ore is a primary raw material for titanium dioxide production, and its byproduct, ferrous sulfate, is a key raw material for producing iron phosphate, thus indirectly contributing to the upstream of the new energy industry [1] Group 1 - The main business of Chenxiang Minerals includes titanium ore mining, processing, and sales [1] - Titanium ore is essential for the production of titanium dioxide, which is a significant component in various industries [1] - The company plans to initiate the development and operation of mining resources to achieve partial self-supply of key raw materials, positively impacting future operating performance [1]

Group 1 - The company Huayun Titanium announced the resignation of Ms. Lai Qingyu from the position of Chief Financial Officer due to internal work adjustments, while she will continue to serve as a director and deputy general manager [1] - The company has appointed Ms. Luo Qin as the new Chief Financial Officer, following the nomination by the general manager and approval by the board's nomination committee and audit committee [1] Group 2 - Other companies in the industry, such as Shanghai Mechanical and Electrical, Jinzhongzi Liquor, and Tongyou Technology, have also made recent appointments of new Chief Financial Officers [2]

Company Updates - Mr. Ye Sheng has resigned from his positions as a director and vice general manager of the fifth board of directors of Huiyun Titanium Industry due to personal reasons, and will no longer hold any position in the company after his resignation [1] Financial Overview - For the year 2024, Huiyun Titanium Industry's revenue composition is as follows: industrial sector accounts for 99.85%, while other businesses account for 0.15% [2] - As of the latest report, the market capitalization of Huiyun Titanium Industry is 4 billion yuan [3]

公司董事会对叶胜先生任职期间对公司做出的重大贡献表示衷心的感谢。 报备文件： 叶胜先生的《辞职报告》。 | 证券代码：300891 | 公司简称：惠云钛业 | 公告编号：2025-076 | | --- | --- | --- | | 债券代码：123168 | 债券简称：惠云转债 | | 广东惠云钛业股份有限公司 关于董事、副总经理辞职的公告 | 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、误导性陈述或者重大遗漏。 | 广东惠云钛业股份有限公司（以下简称"公司"）董事会于近日收到公司董 事、副总经理叶胜先生提交的书面辞职报告。叶胜先生因个人原因，申请辞去第 五届董事会董事、副总经理职务，辞职后将不再担任公司任何职务，并按照《公 司章程》等相关规定做好工作交接。 叶胜先生上述职务的原定任期到期日为2027年5月30日，根据《公司法》《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（2025 年修订）》及《公司章程》的有关规定，叶胜先生辞去公司董事职务未导致公司 董事会成员人数低于法定最低人数，其辞职报告自送达公司董事会之日起生效， 不 ...

Group 1 - The company Huayun Titanium Industry announced on September 19, 2025, that it held the 14th meeting of the 5th Board of Directors on September 17, where it approved the adjustment of the organizational structure and the revision of the Articles of Association [1] - The company will no longer have a supervisory board; instead, the Audit Committee of the Board will exercise the powers of the supervisory board as stipulated by the Company Law of the People's Republic of China [1] - The adjustments to the organizational structure aim to enhance management levels and operational efficiency, clarify responsibilities, and provide organizational support for sustainable development [1]

证券日报网讯 9月18日晚间，惠云钛业发布公告称，公司于2025年9月17日召开公司第五届董事会第十 四次会议，审议通过了《关于聘任财务总监的议案》，同意聘任罗琴女士为公司财务总监。 （文章来源：证券日报） ...