2025年度公司归属于上市公司股东的净利润预计为46,500万元-50,000万元，同比增长 471.55%-514.57%。主要原因是：公司主要产品销量和价格同比上涨、毛利率提升以及参股公司业绩上 涨带来投资收益增加。 格隆汇1月21日丨利民股份(002734.SZ)公布，预计2025年归属于上市公司股东的净利润46,500万 元-50,000万元，比上年同期增长471.55%-514.57%，扣除非经常性损益后的净利润44,300万元-48,000万 元，比上年同期增长765.53%-837.82%。 ...

转自：证券时报 人民财讯1月21日电，利民股份(002734)1月21日发布业绩预告，预计2025年归母净利润为4.65亿元—5亿 元，同比增长471.55%—514.57%。公司净利同比增长的主要原因是公司主要产品销量和价格同比上 涨、毛利率提升以及参股公司业绩上涨带来投资收益增加。 ...

格隆汇1月21日｜利民股份公告，预计2025年度归属于上市公司股东的净利润为盈利4.65亿元-5亿元， 比上年同期增长471.55%-514.57%。预计扣除非经常性损益后的净利润为盈利4.43亿元-4.8亿元，比上年 同期增长765.53%-837.82%。主要原因是：公司主要产品销量和价格同比上涨、毛利率提升以及参股公 司业绩上涨带来投资收益增加。 ...

利民股份公告，预计2025年度归属于上市公司股东的净利润为盈利4.65亿元-5亿元，比上年同期增长 471.55%-514.57%。预计扣除非经常性损益后的净利润为盈利4.43亿元-4.8亿元，比上年同期增长 765.53%-837.82%。主要原因是：公司主要产品销量和价格同比上涨、毛利率提升以及参股公司业绩上 涨带来投资收益增加。 ...

股票代码：002734 股票简称：利民股份 公告编号：2026-004 利民控股集团股份有限公司 2025 年度业绩预告 三、业绩变动原因说明 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、本期业绩预计情况 （一）业绩预告期间 会计期间：2025 年 1 月 1 日—2025 年 12 月 31 日 （二）业绩预告情况 预计净利润为正值且属于下列情形之一： 扭亏为盈 同向上升 同向下降 | 项目 | 本报告期 | | | 上年同期 | | | --- | --- | --- | --- | --- | --- | | 归属于上市公司股东的净利润 | 盈利：46,500 | 万元-50,000 | 万元 | 盈利：8,135.76 | 万元 | | | 比上年同期增长：471.55%-514.57% | | | | | | 扣除非经常性损益后的净利润 | 盈利：44,300 | 万元-48,000 | 万元 | 盈利：5,118.23 | 万元 | | | 比上年同期增长：765.53%-837.82% | | | | | | 基本每股收益 | 盈利：1. ...

Summary of Chemical Industry Conference Call Industry Overview - The chemical industry is currently valued at historical lows, with leading companies like Wanhua and Hualu having a PB of approximately 2.4 times and a PE of around 15 times, significantly lower than historical peaks, indicating potential profit elasticity and long-term investment value [2][4] - The midstream chemical sector benefits from global demand diversification, with China's chemical production accounting for over 40% of global capacity, positioning it to meet global needs amid overseas energy pressures [2][6] - Capital expenditure in the basic chemical industry is declining, leading to a slowdown in supply growth, while low oil prices favor midstream profit recovery, supported by a global economic recovery driving demand for chemical products [2][7] Key Companies - **Wanhua Chemical**: Focused on maximizing shareholder value, with stable MDI business and improvements in petrochemical operations. The company is investing in lithium battery materials, particularly lithium iron phosphate and anodes, indicating long-term investment potential [2][9] - **Hualu Hengsheng**: Leveraging low-cost advantages for platform development, with clear bottom-line profits. New projects and technological upgrades in gasification are expected to drive growth, with several products experiencing price increases due to shortages [2][10] - **Jushi Group**: The fiberglass industry is dominated by domestic supply, with management changes leading to a focus on profitability. Supply-demand dynamics are expected to push prices of mid-to-high-end products upward, with supply growth anticipated to lag behind demand growth by 2026 [2][10] Market Dynamics - The potassium fertilizer market is experiencing expanding demand, with supply growth slowing, leading to a tightening supply-demand balance that supports rising prices. The global potassium fertilizer demand is projected to reach 75 million tons by 2025 [2][13] - The phosphate rock market remains robust, driven by stable demand for phosphate fertilizers and emerging applications in new energy sectors, with limited supply growth expected due to environmental regulations [2][14][15] Policy Impact - Recent government policies aimed at reducing "involution" are positively impacting certain segments of the chemical industry, potentially improving supply-demand balances and supporting price recovery [2][8] Investment Recommendations - Wanhua and Hualu are highlighted as core investment targets due to their strong fundamentals and market positioning. Jushi Group is also recommended for its growth potential in the fiberglass sector [2][10] Additional Insights - The chemical industry has shown good market performance recently, although the fundamentals have not changed significantly. The stock prices are rising due to liquidity and allocation demand, particularly from insurance investments [3] - The midstream chemical sector is favored for investment due to its low valuation and diverse global demand characteristics, including sectors like new energy, electronics, and automotive [5][6]

旺季刺激+抢出口，草铵膦、草甘膦价格上涨 事件：#草甘膦、草铵膦价格上调。 1月9日财政部和国家税务总局宣布自2026年4月1日起，部分农药及原药中间体等产品增值税出口退税率取消/下 调。 1月16日草铵膦提价至46000元/吨，较前日上调2100元/吨；1月19日草甘膦提价至23296元/吨，较前日上调200元/ 吨。 1、#2010年草甘膦退税取消加速行 旺季刺激+抢出口，草铵膦、草甘膦价格上涨 事件：#草甘膦、草铵膦价格上调。 1月9日财政部和国家税务总局宣布自2026年4月1日起，部分农药及原药中间体等产品增值税出口退税率取消/下 调。 1月16日草铵膦提价至46000元/吨，较前日上调2100元/吨；1月19日草甘膦提价至23296元/吨，较前日上调200元/ 吨。 1、#2010年草甘膦退税取消加速行业出清。 回溯此前，2010年7月草甘膦出口退税率取消，叠加2010年草甘膦价格低至19600元/吨震荡，处于行业成本线之下 运行，与此同时国内加紧环保核查，草甘膦供给端出清加速，最终草甘膦周期启动，价格涨至45000元/吨。 2、#草铵膦格局有望大幅优化。 草铵膦格局和2010年的草甘膦类似，根据百 ...

Group 1 - The company emphasizes its commitment to shareholder returns, having consistently distributed dividends since its listing in 2015 [2] - The profit distribution plan for the fiscal year 2025 has not yet been determined, and the company will disclose it after following the necessary review procedures [2]

威百亩是甲基二硫代氨基甲酸的钠盐，是一种水溶性有机硫活性物质，在潮湿土壤中分解为异硫氰酸甲酯（ MITC ），可广谱防治土壤真菌、线虫、杂草种子和某些昆虫。它主要以技术级中浓度和高浓度水溶液的形式 供应，活性成分含量分别约为 35% 和 42% ，在种植前通过注入或化学灌溉的方式施用于土壤。 上游生产依赖于二硫化碳、甲胺、氢氧化钠和相关的硫化学反应，综合性农化生产商设有专门的装置生产甲胺 钠或与其密切相关的二硫代氨基甲酸酯类化合物。下游，该物质经配制、注册和销售，作为土壤熏蒸剂用于高 价值水果和蔬菜、马铃薯和胡萝卜等大田作物以及草坪和观赏植物，销售渠道包括伊士曼、 AMVAC 、利 民、 FMC 、 NovaSource 等公司以及中国专业公司。采购通常通过与各国注册商签订长期供应和配方协议进 行管理，熏蒸剂的使用条件受到严格的监管。在原料活性成分层面，典型的毛利率约为 23% ，这反映了其与 大宗商品类似的投入成本，但也存在着工艺安全、环境合规和熏蒸剂注册方面的重大障碍，包括广泛的毒理学 研究、现场功效数据以及监管义务，这些都限制了新进入者，并巩固了现有企业的定价权。 目前，全球威百亩产量约为 56,558 ...

Group 1 - The core viewpoint of the report highlights significant price increases in domestic gasoline and natural gas, while products like sulfur and hydrochloric acid have seen substantial declines [1][2][4] - Major products with notable price increases this week include domestic gasoline (Shanghai Sinopec 93, +11.38%), natural gas (NYMEX futures, +8.68%), TDI (East China, +7.03%), and xylene (East China, +6.61%) [1][4] - Conversely, products with significant price declines include urea (Yunnan Yunwei, -9.95%), sulfuric acid (Zhejiang Heding 98%, -10.00%), and hydrochloric acid (East China hydrochloric acid (31%), -13.79%) [2][4] Group 2 - The report suggests that the chemical industry is currently in a weak overall performance phase, with mixed results across different sub-sectors due to past capacity expansions and weak demand [4] - It recommends focusing on investment opportunities in glyphosate, fertilizers, and high-dividend assets, particularly highlighting the potential recovery in the glyphosate sector as inventory decreases and prices begin to rise [4] - The report emphasizes the importance of selecting stocks with strong competitive positions and growth potential, such as Ruifeng New Materials in the lubricant additive sector and Baofeng Energy in the coal-to-olefins industry [4]