Core Viewpoint - The company received a notification from its major shareholder, Sinopec Capital, regarding the progress of its share reduction plan, indicating a minor decrease in ownership percentage without significant impact on control or governance [1] Group 1: Share Reduction Details - Sinopec Capital reduced its stake by 611,400 shares, representing 0.21% of the company's total share capital [1] - Following this reduction, Sinopec Capital's ownership decreased from 12.18% to 11.97% [1] - The share reduction occurred between November 25 and November 28, 2025, through centralized bidding transactions [1] Group 2: Impact on Company - The share reduction is part of a previously disclosed plan and has not yet been fully executed [1] - This reduction will not lead to a change in the company's control or significantly affect its governance structure and ongoing operations [1]

用账户股份数量后公司股份总数的0.21%），持股比例由12.18%下降至11.97%， 持股比例变动触及1%。现将有关情况公告如下： 证券代码：300910 证券简称：瑞丰新材 公告编号：2025-055 新乡市瑞丰新材料股份有限公司 关于持股5%以上股东权益变动触及1%整数倍的公告 持股5%以上股东中国石化集团资本有限公司保证向本公司提供的信息内 容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 新乡市瑞丰新材料股份有限公司（以下简称"公司"）于2025年11月3日在 巨潮资讯网披露了《关于持股5%以上股东减持股份预披露公告》（公告编号：2 025-052）（以下简称"本次减持计划"）。 持有新乡市瑞丰新材料股份有限公司（以下简称"公司"、"瑞丰新材"） 股份36,040,900股（占公司总股本比例12.18%，占剔除回购专用账户股份数量后 公司股份总数的12.41%）的股东中国石化集团资本有限公司（以下简称"中石化 资本"）计划以集中竞价交易方式拟减持公司股份不超过2,959,300股，减持比例 不超过公司总股本的1%，占剔除回 ...

Core Viewpoint - 瑞丰新材's stock price has increased by 5.1% on November 13, reaching 62.25 CNY per share, with a total market capitalization of 18.422 billion CNY, indicating a positive market sentiment towards the company [1] Group 1: Company Overview - 瑞丰新材, established on November 11, 1996, is located in Xinxiang County, Henan Province, and was listed on November 27, 2020 [1] - The company specializes in the research, production, and sales of fine chemical products, primarily oil additives (98.12% of revenue) and other products (1.88% of revenue) [1] Group 2: Stock Performance - The stock has seen a cumulative increase of 3.37% over the past three days [1] - The trading volume on November 13 was 1.28 million CNY, with a turnover rate of 1.00% [1] Group 3: Shareholder Insights - 富国天惠成长混合(LOF)A/B (161005) is among the top ten circulating shareholders of 瑞丰新材, having reduced its holdings by 3.8 million shares in the third quarter, now holding 10 million shares, which is 4.82% of the circulating shares [2] - The fund has realized a floating profit of approximately 30.2 million CNY today and 19.3 million CNY during the three-day increase [2][3] Group 4: Fund Performance - 富国天惠成长混合(LOF)A/B (161005) has a total scale of 22.661 billion CNY and has achieved a year-to-date return of 16.98% [2] - The fund manager, 朱少醒, has a tenure of over 20 years, with the best fund return during this period being 1659.44% [2]

新乡市瑞丰新材料股份有限公司 关于公司对外投资并设立合资公司的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 证券代码：300910 证券简称：瑞丰新材 公告编号：2025-054 一、对外投资并设立合资公司的概述 新乡市瑞丰新材料股份有限公司（以下简称"公司"）于 2025 年 10 月 27 日召开第四届董事会第十一次会议，审议通过了《关于公司对外投资并设立合资 公司的议案》。具体内容详见公司于 2025 年 10 月 28 日披露于巨潮资讯网 （www.cninfo.com.cn）的《关于公司对外投资并设立合资公司的公告》（公告 编号：2025-051）。 为贯彻执行公司的战略规划和发展目标，优化业务布局，满足区域客户的配 套需求，增强公司在全球市场的综合竞争力，公司全资子公司瑞丰润滑油添加剂 （香港）有限公司（以下简称"瑞丰香港"）拟与沙特阿拉伯公司 Farabi Downstream Company（简称"法拉比下游公司"）在沙特阿拉伯延布市设立合资公司瑞丰法 拉比润滑油添加剂公司（简称"瑞丰法拉比"）（暂定名称，最终名称以相关部 门的备案 ...

Group 1 - The company reported a closing price of 57.3 yuan on November 7, 2025, with a decrease of 0.87% and a turnover rate of 1.72% [1] - The company has been in the lubricant additive industry for over 20 years and aims to become a significant global supplier in this sector [1] - The company plans to gradually build and release its production capacity based on market demand and customer development, focusing on obtaining third-party certifications and expanding its product matrix [1] Group 2 - The company has no intention to seek strategic partners for share transfer or buyback to mitigate the impact of potential large-scale share reductions by shareholders [2] - The company emphasizes that its stock price reflects its future value and will continue to enhance its competitiveness to create more value for shareholders [2] Group 3 - On November 7, there was a net outflow of 941.85 million yuan from main funds, while retail funds experienced a net outflow of 176.69 million yuan [3] - Conversely, there was a net inflow of 1,118.54 million yuan from speculative funds on the same day [3]

Core Viewpoint - The company's stock price ultimately reflects its future value, and it aims to enhance its industry competitiveness to create more value returns for shareholders [1] Group 1 - The company, Ruifeng New Materials, emphasizes its commitment to deepening its core business [1] - The company is focused on continuously improving its industry competitiveness [1] - The company aims to provide greater value returns to its shareholders [1]

Core Viewpoint - The company, Ruifeng New Materials, addressed investor concerns regarding the planned share reduction by Sinopec Capital and certain board members, emphasizing that it is a normal action based on personal financial needs and urging investors to view it rationally [2]. Summary by Relevant Sections - **Share Reduction Announcement** - Sinopec Capital and some directors and executives of the company plan to reduce their shareholdings, which is described as a normal behavior of shareholders based on their own financial requirements [2]. - **Investor Communication** - The company reassured investors that there are no undisclosed significant information that could impact the trading price of its stock and derivatives, in accordance with relevant laws and regulations [2].

Investment Rating - The report maintains a "Buy" rating for several companies in the chemical industry, including Xinyangfeng, Senqilin, Ruifeng New Materials, Sinopec, Juhua, Yangnong Chemical, CNOOC, Tongkun, and Daotong Technology [10]. Core Viewpoints - The report highlights significant price increases in sulfur, sulfuric acid, and lithium battery electrolyte, suggesting a focus on import substitution, domestic demand, and high dividend opportunities [6][19]. - The chemical industry is currently experiencing a weak overall performance, with mixed results across different sub-sectors due to past capacity expansions and weak demand [22]. - The report emphasizes the potential for the glyphosate industry to enter a recovery phase, recommending companies like Jiangshan Co., Xingfa Group, and Yangnong Chemical [8][22]. - It suggests focusing on companies with strong competitive positions and growth potential, particularly in the lubricant additive sector and coal-to-olefins industry [22]. - The report also notes the impact of international oil price fluctuations on the chemical sector, with a recommendation to pay attention to companies benefiting from lower raw material costs due to declining oil prices [20][22]. Summary by Sections Chemical Industry Investment Suggestions - The report suggests monitoring the glyphosate industry for potential recovery, with a focus on companies like Jiangshan Co., Xingfa Group, and Yangnong Chemical [8][22]. - It highlights the importance of selecting stocks with good competitive dynamics and profitability, particularly in the lubricant additive and coal-to-olefins sectors [22]. Price Trends of Chemical Products - Significant price increases were noted for sulfur (10.77%), lithium battery electrolyte (10.53%), and sulfuric acid (9.09%) [19]. - Conversely, products like R22 saw a drastic price drop of 60.49%, indicating volatility in the market [19]. Market Dynamics - The report discusses the influence of geopolitical events, such as US sanctions on Russia, on international oil prices, which are expected to remain around $65 per barrel [20][24]. - It also mentions the mixed performance of the chemical industry due to varying demand across different sectors, with some areas like lubricants performing better than others [22].

Group 1 - The core point of the news is that Ruifeng New Materials has experienced a decline in stock price, with a cumulative drop of 7.06% over three consecutive days, currently trading at 52.80 yuan per share and a market capitalization of 15.625 billion yuan [1] - Ruifeng New Materials, established on November 11, 1996, is located in Xinxiang County, Henan Province, and specializes in the research, production, and sales of fine chemical products, primarily lubricant additives, which account for 98.12% of its main business revenue [1] - The company has a trading volume of 1.06 billion yuan and a turnover rate of 0.97% as of the latest report [1] Group 2 - Tianhong Fund holds a significant position in Ruifeng New Materials through its Tianhong Ninghong Six-Month A fund, which has 8,000 shares, representing 0.59% of the fund's net value, making it the sixth-largest holding [2] - The Tianhong Ninghong Six-Month A fund has experienced a floating loss of approximately 2,320 yuan today and a total floating loss of 32,100 yuan during the three-day decline [2] - The fund manager, Hu Yu, has been in charge for 2 years and 124 days, with the fund's total asset size at 1.703 billion yuan and a best return of 9.07% during his tenure [2]

Group 1 - The core point of the article is that Ruifeng New Materials (300910.SZ) has seen a decline of 6.34%, currently trading at 53.05 yuan, with a market capitalization of 15.7 billion yuan [1] - The shareholder, Sinopec Capital Co., Ltd., plans to reduce its stake in the company by up to 2,959,300 shares, which represents a maximum of 1% of the total share capital [1] - The reduction period for this plan is set to begin 15 trading days after the announcement and will last for three months, from November 25, 2025, to February 24, 2026 [1]