证券代码：301035 证券简称：润丰股份 公告编号：2025-070 山东潍坊润丰化工股份有限公司 关于召开 2026 年第一次临时股东会的通知 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。 一、召开会议的基本情况 1、股东会届次：2026 年第一次临时股东会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所创业板股 票上市规则》《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》 等法律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2026 年 01 月 06 日 14:00 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2026 年 01 月 06 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系统投 票的具体时间为 2026 年 01 月 06 日 9:15 至 15:00 的任意时间。 5、会议的召开方式：现场表决与网络投票相结合。 6、会议的股权登记日：20 ...

证券代码：301035 证券简称：润丰股份 公告编号：2025-063 山东潍坊润丰化工股份有限公司 第五届董事会第三次会议决议公告 本公司及董事会全体成员保证信息披露内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 山东潍坊润丰化工股份有限公司（以下简称"公司"）于 2025 年 12 月 18 日在公司会议室以现场与通讯表决相结合的方式召开了第五届董事会第三次会 议。会议通知已于 2025 年 12 月 12 日以书面通知的形式送达给全体董事。会议 应到董事 9 人（包含 3 名独立董事），实到 9 人，公司高级管理人员列席了本次 董事会。本次会议由公司董事长王文才先生召集和主持。本次会议的召集和召开 符合《中华人民共和国公司法》《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》和《山东潍坊润丰化工股份有限公司章程》的 有关规定。 二、董事会会议审议情况 会议经全体董事讨论后形成如下决议： 1、审议通过《关于 2026 年度接受担保暨关联交易的议案》 根据公司 2026 年度经营规划，为满足公司及子公司日常经营和业务发展需 要，董事会同意公司及子 ...

Core Viewpoint - The company has approved a proposal to change part of its fundraising projects and allocate remaining and excess funds to a global pesticide registration project, indicating a strategic shift in investment focus [1] Group 1: Fundraising Project Changes - The company will terminate the implementation of certain fundraising projects, which included a 9,000-ton production project for Chlorothalonil and a 38,800-ton herbicide project (Phase 1) for 30,000 tons/year of glyphosate soluble granules [1] - The amount of fundraising redirected is 470 million yuan [1] Group 2: New Investment Project - The total investment for the new pesticide registration project is 746 million yuan [1] - The project aims to register pesticide products in countries such as the EU, Brazil, Australia, Russia, and Ukraine [1]

Investment Strategy Overview - The report emphasizes two main investment themes for the chemical industry: anti-involution policies and domestic substitution, which are expected to drive recovery and growth in the sector [4][5][6] Anti-Involution and Cycle Recovery - The report suggests that the chemical industry is at a turning point, with anti-involution measures leading to a recovery in the cycle. Key areas include the peak of new capacity in organic silicon, the end of PTA capacity expansion, and a rebound in prices for certain chemicals due to supply chain disruptions [4][5] - The China Chemical Product Price Index (CCPI) has decreased significantly, dropping to 3865 points by November 30, 2025, down 16.37% from early 2024 and 10.71% from the beginning of 2025 [4][20] Domestic Substitution as a Growth Driver - Domestic substitution is highlighted as a key growth driver, with significant support from national policies for bio-based materials and advancements in technology leading to a more robust domestic supply chain [4][6] - The report identifies several companies positioned to benefit from these trends, including KaiSai Bio and RuiFeng New Materials, which are making strides in bio-based materials and lubricant additives, respectively [5][6] Market Dynamics and Price Recovery - The report notes that while the chemical market is experiencing a downturn, certain segments are expected to see price recovery due to improved supply-demand dynamics and reduced capacity expansion [4][22] - Specific chemical products have shown varied price movements, with some experiencing significant declines while others are stabilizing or recovering [22] Manufacturing Sector Recovery - The manufacturing sector is showing signs of recovery, which is anticipated to support the chemical industry. The report mentions that the real estate market is stabilizing, and automotive production has increased, indicating a potential uptick in demand for chemical products [25][33] Capital Expenditure Trends - Capital expenditure growth in the chemical industry is slowing, with a notable decline in new projects. The report indicates that the total construction in progress for the chemical sector was 327.57 billion yuan in Q3 2025, down 17.64% year-on-year [34][39] Inventory and Consumption Trends - High inventory levels in the chemical sector are being addressed as consumer demand begins to recover. The report suggests that the inventory-to-revenue ratio for the basic chemical industry was 0.62 in Q3 2025, indicating a slight increase from the previous year [41][42] Profitability and Financial Performance - The report highlights a recovery in profitability for the chemical industry, with gross margins and return on equity (ROE) showing improvement in Q3 2025 compared to previous periods [56][60] - Specific sub-sectors, such as agrochemicals and fluorochemicals, have demonstrated significant profit growth, with some exceeding 100% year-on-year increases [55][56]

Group 1 - The glyphosate concept sector declined by 0.86%, ranking among the top declines in the concept sectors, with leading decliners including Runfeng Co., Xin'an Chemical, and Lier Chemical [1] - Among the concept stocks, four stocks experienced price increases, with Zhongnong United, Hongtaiyang, and Nuobixin rising by 1.40%, 0.34%, and 0.09% respectively [1] - The main capital outflow from the glyphosate concept sector was 42 million yuan, with nine stocks experiencing net outflows, led by Xingfa Group with a net outflow of 21.78 million yuan [1] Group 2 - The top three stocks with the largest capital outflows included Xin'an Chemical with a net outflow of 18.10 million yuan, Hebang Biotechnology with 12.91 million yuan, and Lier Chemical with 11.36 million yuan [1] - Stocks with the highest capital inflows included Runfeng Co. with 8.66 million yuan, Nuobixin with 7.98 million yuan, and Jiangshan Co. with 6.62 million yuan [2] - The trading volume for the top outflowing stock, Xingfa Group, was 1.95%, while the highest inflow stock, Runfeng Co., had a turnover rate of 0.47% [2]

证券之星消息，12月8日农化制品板块较上一交易日下跌0.14%，润丰股份领跌。当日上证指数报收于 3924.08，上涨0.54%。深证成指报收于13329.99，上涨1.39%。农化制品板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 301035 | 润丰股份 | 70.80 | -3.49% | 1.31万 | 9324.17万 | | 600596 | 新安股份 | 11.38 | -2.65% | 40.24万 | 4.58亿 | | 600426 | 华鲁恒升 | 28.70 | -2.35% | 13.26万 | 3.82亿 | | 002258 | 利尔化学 | 13.30 | -2.28% | 17.13万 | 2.28亿 | | 002588 | 史丹利 | 9.49 | -2.27% | 9.76万 | 9313.11万 | | 002895 | 川恒股份 | 36.49 | -2.15% | 15.14万 | 5.49亿 | | 600486 | 扬农化 ...

Core Viewpoint - The Chinese chemical pesticide raw material production is projected to grow significantly, with a production of 333,000 tons in September 2025, reflecting an 11% year-on-year increase [1] Industry Summary - The cumulative production of chemical pesticide raw materials in China from January to September 2025 reached 3,113,000 tons, marking a 7.5% increase compared to the previous year [1] - The report by Zhiyan Consulting provides a comprehensive analysis of the Chinese pesticide industry from 2025 to 2031, highlighting market trends and strategic insights [1] Company Summary - Listed companies in the pesticide sector include Yangnong Chemical (600486), Adama Agricultural Solutions A (000553), Xianda Co., Ltd. (603086), ST Hongtai (000525), Noposion (002215), Lier Chemical (002258), Runfeng Co., Ltd. (301035), and Xin'an Chemical (600596) [1]

Market Overview - The agricultural chemical sector experienced a decline of 5.39% on November 21, with Chengxing Co. leading the drop [1] - The Shanghai Composite Index closed at 3834.89, down 2.45%, while the Shenzhen Component Index closed at 12538.07, down 3.41% [1] Individual Stock Performance - Chengxing Co. (600078) closed at 11.42, down 10.01% with a trading volume of 815,900 shares [1] - Lianhua Technology (002250) closed at 11.84, down 9.96% with a trading volume of 846,200 shares [1] - Bluefeng Biochemical (002513) closed at 8.05, down 9.96% with a trading volume of 438,000 shares [1] - Liuguo Chemical (600470) closed at 6.09, down 9.78% with a trading volume of 362,100 shares [1] - Chuanjinno (300505) closed at 21.57, down 8.33% with a trading volume of 246,600 shares [1] - Hebang Bio (603077) closed at 2.13, down 7.79% with a trading volume of 3,585,900 shares [1] - Chuanheng Co. (002895) closed at 34.45, down 7.64% with a trading volume of 216,400 shares [1] - Hongda Co. (600331) closed at 11.05, down 7.61% with a trading volume of 1,041,300 shares [1] - Yantu Holdings (002539) closed at 11.03, down 7.47% with a trading volume of 475,800 shares [1] - Salt Lake Co. (000792) closed at 26.04, down 7.20% with a trading volume of 2,051,800 shares [1] Capital Flow Analysis - The agricultural chemical sector saw a net outflow of 1.435 billion yuan from institutional investors, while retail investors had a net inflow of 1.383 billion yuan [1] - The table of capital flow for individual stocks indicates varying levels of net inflow and outflow among different companies [2] Individual Stock Capital Flow - Hongda Co. (600331) had a net inflow of 56.76 million yuan from institutional investors, but a net outflow from retail investors [2] - Guangxin Co. (603599) saw a net inflow of 27.20 million yuan from institutional investors, with a net outflow from retail investors [2] - Zhongqi Co. (300575) had a net inflow of 18.06 million yuan from institutional investors, with a net outflow from retail investors [2] - Andamite A (000553) experienced a net inflow of 15.01 million yuan from institutional investors, but a significant net outflow from retail investors [2] - Sichuan Meifeng (000731) had a net inflow of 13.36 million yuan from institutional investors, with a net outflow from retail investors [2]

Core Viewpoint - Runfeng Co., Ltd. has shown a mixed performance in terms of stock trading and financial results, with significant growth in revenue and net profit, but a decline in stock price and net buying in margin trading [1][2]. Group 1: Stock Performance - On November 14, Runfeng Co., Ltd. experienced a stock price decline of 1.24%, with a trading volume of 55.46 million yuan [1]. - The margin trading data indicates a net margin buy of -0.93 million yuan on the same day, with a total margin balance of 1.87 billion yuan [1]. - The current margin balance of 1.86 billion yuan represents 0.92% of the circulating market value, which is above the 50th percentile level over the past year, indicating a relatively high level [1]. Group 2: Financial Performance - For the period from January to September 2025, Runfeng Co., Ltd. achieved a revenue of 10.91 billion yuan, reflecting a year-on-year growth of 11.51% [2]. - The net profit attributable to the parent company for the same period was 890 million yuan, showing a substantial year-on-year increase of 160.49% [2]. Group 3: Shareholder and Dividend Information - Since its A-share listing, Runfeng Co., Ltd. has distributed a total of 1.37 billion yuan in dividends, with 992 million yuan distributed over the past three years [3]. - As of September 30, 2025, the number of shareholders decreased by 2.90% to 6,630, while the average circulating shares per person increased by 2.99% to 42,284 shares [2][3]. - Among the top ten circulating shareholders, several institutions have adjusted their holdings, with notable decreases in shares held by some funds [3].

Core Viewpoint - Runfeng Co., Ltd. has experienced a significant decline in stock price, with a cumulative drop of 7.95% over the past four days, indicating potential concerns among investors regarding the company's performance and market conditions [1]. Company Overview - Runfeng Co., Ltd. is located in Jinan, Shandong Province, and was established on June 23, 2005. The company went public on July 28, 2021. Its main business involves the research, production, and sales of pesticide raw materials and formulations [1]. - The revenue composition of the company is as follows: herbicides account for 72.04%, insecticides 16.26%, fungicides 10.33%, and other products 1.14% [1]. Fund Holdings - According to data, a fund under Agricultural Bank of China, specifically the Agricultural Bank of China Huiri Fund, holds a significant position in Runfeng Co., Ltd. The fund, named Agricultural Bank of China Ruiyun Gain 6-Month Holding Mixed A (017624), held 1,600 shares, representing 0.33% of the fund's net value, making it the seventh-largest holding [2]. - The fund has incurred a floating loss of approximately 2,480 yuan today, with a total floating loss of 9,920 yuan during the four-day decline [2]. Fund Manager Information - The fund manager of Agricultural Bank of China Ruiyun Gain 6-Month Holding Mixed A is Liu Shasha, who has a tenure of 11 years and 67 days, with a total fund asset size of 1.402 billion yuan. The best fund return during her tenure is 31.67%, while the worst is -1.7% [3]. - Co-manager Qian Daqian has a tenure of 2 years and 319 days, managing a total fund asset size of 1.664 billion yuan, with the best return of 41.27% and no negative returns during his tenure [3].